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SPUBX vs. SPATX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SPUBX vs. SPATX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic US Fixed Income Fund (SPUBX) and Symmetry Panoramic Alternatives Fund (SPATX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SPUBX achieves a 0.57% return, which is significantly lower than SPATX's 7.24% return.


SPUBX

1D
0.21%
1M
0.86%
YTD
0.57%
6M
0.68%
1Y
4.88%
3Y*
4.14%
5Y*
0.66%
10Y*

SPATX

1D
-0.23%
1M
-0.23%
YTD
7.24%
6M
7.45%
1Y
13.27%
3Y*
10.37%
5Y*
9.04%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPUBX vs. SPATX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
SPUBX
Symmetry Panoramic US Fixed Income Fund
0.57%7.23%1.15%5.32%-9.45%-1.72%5.63%5.91%1.56%
SPATX
Symmetry Panoramic Alternatives Fund
7.24%11.09%1.50%11.90%12.80%5.86%3.42%-0.00%0.64%

Correlation

The correlation between SPUBX and SPATX is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.26

Correlation (3Y)
Calculated over the trailing 3-year period

-0.22

Correlation (5Y)
Calculated over the trailing 5-year period

-0.38

Correlation (All Time)
Calculated using the full available price history since Nov 12, 2018

-0.28

The correlation between SPUBX and SPATX shifts across timeframes, from -0.38 (5 years) to -0.22 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

SPUBX vs. SPATX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPUBX
SPUBX Risk / Return Rank: 2525
Overall Rank
SPUBX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
SPUBX Sortino Ratio Rank: 2828
Sortino Ratio Rank
SPUBX Omega Ratio Rank: 2626
Omega Ratio Rank
SPUBX Calmar Ratio Rank: 2626
Calmar Ratio Rank
SPUBX Martin Ratio Rank: 2222
Martin Ratio Rank

SPATX
SPATX Risk / Return Rank: 9797
Overall Rank
SPATX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SPATX Sortino Ratio Rank: 9797
Sortino Ratio Rank
SPATX Omega Ratio Rank: 9393
Omega Ratio Rank
SPATX Calmar Ratio Rank: 9898
Calmar Ratio Rank
SPATX Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPUBX vs. SPATX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic US Fixed Income Fund (SPUBX) and Symmetry Panoramic Alternatives Fund (SPATX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


SPUBXSPATXDifference
Sharpe ratioReturn per unit of total volatility

-2.11

Sortino ratioReturn per unit of downside risk

-3.25

Omega ratioGain probability vs. loss probability

1.25

1.68

-0.44

Calmar ratioReturn relative to maximum drawdown

1.80

9.11

-7.31

Martin ratioReturn relative to average drawdown

5.07

30.55

-25.48

SPUBX vs. SPATX - Sharpe Ratio Comparison

The current SPUBX Sharpe Ratio is 1.36, which is lower than the SPATX Sharpe Ratio of 3.47. The chart below compares the historical Sharpe Ratios of SPUBX and SPATX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SPUBX vs. SPATX - Drawdown Comparison

The maximum SPUBX drawdown since its inception was -13.72%, which is greater than SPATX's maximum drawdown of -11.67%. Use the drawdown chart below to compare losses from any high point for SPUBX and SPATX.


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Drawdown Indicators


SPUBXSPATXDifference

Max Drawdown

Largest peak-to-trough decline

-13.72%

-11.67%

-2.05%

Max Drawdown (1Y)

Largest decline over 1 year

-2.78%

-1.45%

-1.33%

Max Drawdown (3Y)

Largest decline over 3 years

-4.86%

-5.89%

+1.03%

Max Drawdown (5Y)

Largest decline over 5 years

-13.32%

-5.89%

-7.43%

Current Drawdown

Current decline from peak

-1.21%

-1.27%

+0.06%

Average Drawdown

Average peak-to-trough decline

-3.87%

-1.69%

-2.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.99%

0.43%

+0.56%

Volatility

SPUBX vs. SPATX - Volatility Comparison

The current volatility for Symmetry Panoramic US Fixed Income Fund (SPUBX) is 1.07%, while Symmetry Panoramic Alternatives Fund (SPATX) has a volatility of 1.39%. This indicates that SPUBX experiences smaller price fluctuations and is considered to be less risky than SPATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SPUBXSPATXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.07%

1.39%

-0.32%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

2.89%

-0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

3.69%

3.82%

-0.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.75%

6.26%

-1.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.14%

6.04%

-1.90%

SPUBX vs. SPATX - Expense Ratio Comparison

SPUBX has a 0.45% expense ratio, which is lower than SPATX's 0.50% expense ratio.


Dividends

SPUBX vs. SPATX - Dividend Comparison

SPUBX's dividend yield for the trailing twelve months is around 4.28%, more than SPATX's 2.84% yield.


PositionTTM20252024202320222021202020192018
SPATX
Symmetry Panoramic Alternatives Fund
2.84%3.05%2.65%6.16%6.22%2.08%0.00%1.87%2.33%
SPUBX
Symmetry Panoramic US Fixed Income Fund
4.28%4.31%4.57%2.52%1.61%1.16%1.82%2.14%0.16%

Frequently Asked Questions


SPUBX and SPATX have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPATX has higher volatility (1.39%) compared to SPUBX (1.07%). In terms of maximum drawdown, SPUBX dropped -13.72% vs SPATX's -11.67%.

SPATX currently has the higher Sharpe Ratio (3.47 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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