UDBPX vs. GSGIX
UDBPX (UBS Sustainable Development Bank Bond Fund) and GSGIX (Goldman Sachs Global Core Fixed Income Fund) are both Global Bonds funds. Over the past 5 years, UDBPX returned 0.20%/yr vs -0.07%/yr for GSGIX. Their correlation of 0.83 suggests significant overlap in exposure. UDBPX charges 0.25%/yr vs 0.91%/yr for GSGIX.
Performance
UDBPX vs. GSGIX - Performance Comparison
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Returns By Period
In the year-to-date period, UDBPX achieves a -0.15% return, which is significantly lower than GSGIX's 0.32% return.
UDBPX
- 1D
- -0.31%
- 1M
- 0.21%
- YTD
- -0.15%
- 6M
- -0.05%
- 1Y
- 2.77%
- 3Y*
- 3.64%
- 5Y*
- 0.20%
- 10Y*
- —
GSGIX
- 1D
- -0.18%
- 1M
- 0.89%
- YTD
- 0.32%
- 6M
- 0.73%
- 1Y
- 3.41%
- 3Y*
- 3.48%
- 5Y*
- -0.07%
- 10Y*
- 1.70%
UDBPX vs. GSGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
UDBPX UBS Sustainable Development Bank Bond Fund | -0.15% | 6.96% | 1.55% | 4.53% | -10.41% | -2.43% | 6.80% | 6.79% | 2.03% |
GSGIX Goldman Sachs Global Core Fixed Income Fund | 0.32% | 5.09% | 0.86% | 7.66% | -12.98% | -2.59% | 8.90% | 10.17% | 1.46% |
Correlation
The correlation between UDBPX and GSGIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018 | 0.83 |
The correlation between UDBPX and GSGIX shifts across timeframes, from 0.77 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
UDBPX vs. GSGIX — Risk / Return Rank
UDBPX
GSGIX
UDBPX vs. GSGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS Sustainable Development Bank Bond Fund (UDBPX) and Goldman Sachs Global Core Fixed Income Fund (GSGIX). 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.
| UDBPX | GSGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.14 | +0.34 |
| Martin ratioReturn relative to average drawdown | 4.07 | 3.18 | +0.89 |
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Drawdowns
UDBPX vs. GSGIX - Drawdown Comparison
The maximum UDBPX drawdown since its inception was -15.45%, smaller than the maximum GSGIX drawdown of -19.90%. Use the drawdown chart below to compare losses from any high point for UDBPX and GSGIX.
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Drawdown Indicators
| UDBPX | GSGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.45% | -19.90% | +4.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.25% | -3.18% | +0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -4.03% | -4.49% | +0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -14.55% | -17.27% | +2.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.90% | — |
Current DrawdownCurrent decline from peak | -1.64% | -5.02% | +3.38% |
Average DrawdownAverage peak-to-trough decline | -5.08% | -2.70% | -2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 1.13% | -0.34% |
Volatility
UDBPX vs. GSGIX - Volatility Comparison
UBS Sustainable Development Bank Bond Fund (UDBPX) has a higher volatility of 1.01% compared to Goldman Sachs Global Core Fixed Income Fund (GSGIX) at 0.93%. This indicates that UDBPX's price experiences larger fluctuations and is considered to be riskier than GSGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UDBPX | GSGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 0.93% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.44% | 2.67% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.42% | 3.27% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.00% | 4.67% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.49% | 4.12% | +0.37% |
UDBPX vs. GSGIX - Expense Ratio Comparison
UDBPX has a 0.25% expense ratio, which is lower than GSGIX's 0.91% expense ratio.
Dividends
UDBPX vs. GSGIX - Dividend Comparison
UDBPX's dividend yield for the trailing twelve months is around 3.62%, more than GSGIX's 3.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSGIX Goldman Sachs Global Core Fixed Income Fund | 3.01% | 3.01% | 2.64% | 2.12% | 1.60% | 1.32% | 5.04% | 4.13% | 1.28% | 1.74% | 1.40% | 5.97% |
UDBPX UBS Sustainable Development Bank Bond Fund | 3.62% | 3.12% | 2.84% | 2.15% | 1.46% | 1.03% | 4.11% | 2.69% | 0.52% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UDBPX and GSGIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UDBPX has higher volatility (1.01%) compared to GSGIX (0.93%). In terms of maximum drawdown, UDBPX dropped -15.45% vs GSGIX's -19.90%.
GSGIX currently has the higher Sharpe Ratio (1.11 vs 0.98), 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.
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