UDBPX vs. PGBIX
UDBPX (UBS Sustainable Development Bank Bond Fund) and PGBIX (PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I) are both Global Bonds funds. Over the past 5 years, UDBPX returned -0.12%/yr vs 2.46%/yr for PGBIX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. UDBPX charges 0.25%/yr vs 0.55%/yr for PGBIX.
Performance
UDBPX vs. PGBIX - Performance Comparison
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Returns By Period
In the year-to-date period, UDBPX achieves a -0.47% return, which is significantly higher than PGBIX's -0.58% return.
UDBPX
- 1D
- 0.11%
- 1M
- -0.53%
- 6M
- -0.66%
- YTD
- -0.47%
- 1Y
- 2.18%
- 3Y*
- 3.65%
- 5Y*
- -0.12%
- 10Y*
- —
- ALL TIME*
- 1.82%
PGBIX
- 1D
- 0.31%
- 1M
- -1.14%
- 6M
- -0.97%
- YTD
- -0.58%
- 1Y
- 2.69%
- 3Y*
- 5.56%
- 5Y*
- 2.46%
- 10Y*
- 2.97%
- ALL TIME*
- 4.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
UDBPX vs. PGBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
UDBPX UBS Sustainable Development Bank Bond Fund | -0.47% | 6.96% | 1.55% | 4.53% | -10.41% | -2.43% | 6.80% | 6.79% | 2.03% |
PGBIX PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I | -0.58% | 8.61% | 4.38% | 6.94% | -5.74% | -0.49% | 7.33% | 6.78% | -0.28% |
Correlation
The correlation between UDBPX and PGBIX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018 | 0.60 |
The correlation between UDBPX and PGBIX has been stable across timeframes, ranging from 0.60 to 0.70 - a consistent structural relationship.
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Return for Risk
UDBPX vs. PGBIX — Risk / Return Rank
UDBPX
PGBIX
UDBPX vs. PGBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS Sustainable Development Bank Bond Fund (UDBPX) and PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I (PGBIX). 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 | PGBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.16 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 0.85 | +0.13 |
| Martin ratioReturn relative to average drawdown | 2.31 | 2.60 | -0.29 |
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Drawdowns
UDBPX vs. PGBIX - Drawdown Comparison
The maximum UDBPX drawdown since its inception was -15.45%, which is greater than PGBIX's maximum drawdown of -14.22%. Use the drawdown chart below to compare losses from any high point for UDBPX and PGBIX.
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Drawdown Indicators
| UDBPX | PGBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.45% | -14.22% | -1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -2.37% | -4.25% | +1.88% |
Max Drawdown (3Y)Largest decline over 3 years | -4.03% | -4.25% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -14.47% | -9.52% | -4.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.98% | — |
Current DrawdownCurrent decline from peak | -1.96% | -1.56% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -5.03% | -2.15% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 1.38% | -0.41% |
Volatility
UDBPX vs. PGBIX - Volatility Comparison
The current volatility for UBS Sustainable Development Bank Bond Fund (UDBPX) is 0.82%, while PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I (PGBIX) has a volatility of 1.20%. This indicates that UDBPX experiences smaller price fluctuations and is considered to be less risky than PGBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UDBPX | PGBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.82% | 1.20% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 2.53% | 3.76% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 4.23% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.00% | 3.51% | +1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.48% | 3.05% | +1.43% |
UDBPX vs. PGBIX - Expense Ratio Comparison
UDBPX has a 0.25% expense ratio, which is lower than PGBIX's 0.55% expense ratio.
Dividends
UDBPX vs. PGBIX - Dividend Comparison
UDBPX's dividend yield for the trailing twelve months is around 3.38%, less than PGBIX's 4.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGBIX PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I | 4.60% | 4.79% | 4.07% | 2.33% | 7.55% | 2.95% | 2.24% | 4.10% | 2.14% | 3.09% | 2.58% | 5.81% |
UDBPX UBS Sustainable Development Bank Bond Fund | 3.38% | 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 PGBIX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGBIX has higher volatility (1.20%) compared to UDBPX (0.82%). In terms of maximum drawdown, UDBPX dropped -15.45% vs PGBIX's -14.22%.
PGBIX currently has the higher Sharpe Ratio (0.85 vs 0.68), 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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