UGOFX vs. GLE
UGOFX (USAA Global Managed Volatility Fund) is Global Equities fund managed by BlackRock, while GLE (Global Engine Group Holding Ltd) is a stock. Over the past year, UGOFX returned 23.35% vs -65.53% for GLE. Their 0.07 correlation means their historical movements had little consistent relationship.
Performance
UGOFX vs. GLE - Performance Comparison
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Returns By Period
In the year-to-date period, UGOFX achieves a 13.74% return, which is significantly higher than GLE's -3.49% return.
UGOFX
- 1D
- 1.67%
- 1M
- 0.91%
- 6M
- 10.04%
- YTD
- 13.74%
- 1Y
- 23.35%
- 3Y*
- 16.25%
- 5Y*
- 9.93%
- 10Y*
- 10.45%
- ALL TIME*
- 6.95%
GLE
- 1D
- 6.23%
- 1M
- -21.46%
- 6M
- 1.02%
- YTD
- -3.49%
- 1Y
- -65.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -76.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $89.04K | $134.36K | $3.84M | |
| $0.00 | $0.00 | $0.00 |
UGOFX vs. GLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UGOFX USAA Global Managed Volatility Fund | 13.74% | 16.72% | -1.89% |
GLE Global Engine Group Holding Ltd | -3.49% | -79.77% | -66.41% |
Correlation
The correlation between UGOFX and GLE is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2024 | 0.07 |
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Return for Risk
UGOFX vs. GLE — Risk / Return Rank
UGOFX
GLE
UGOFX vs. GLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Global Managed Volatility Fund (UGOFX) and Global Engine Group Holding Ltd (GLE). 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.
| UGOFX | GLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.97 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | -0.90 | +3.60 |
| Martin ratioReturn relative to average drawdown | 11.20 | -1.24 | +12.44 |
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Drawdowns
UGOFX vs. GLE - Drawdown Comparison
The maximum UGOFX drawdown since its inception was -38.00%, smaller than the maximum GLE drawdown of -94.99%. Use the drawdown chart below to compare losses from any high point for UGOFX and GLE.
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Drawdown Indicators
| UGOFX | GLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.00% | -94.99% | +56.99% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -75.91% | +67.96% |
Max Drawdown (3Y)Largest decline over 3 years | -14.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.00% | — | — |
Current DrawdownCurrent decline from peak | -0.73% | -93.49% | +92.76% |
Average DrawdownAverage peak-to-trough decline | -7.32% | -72.84% | +65.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 55.24% | -53.32% |
Volatility
UGOFX vs. GLE - Volatility Comparison
The current volatility for USAA Global Managed Volatility Fund (UGOFX) is 3.78%, while Global Engine Group Holding Ltd (GLE) has a volatility of 20.96%. This indicates that UGOFX experiences smaller price fluctuations and is considered to be less risky than GLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UGOFX | GLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 20.96% | -17.18% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 102.14% | -91.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.81% | 146.00% | -133.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.29% | 150.54% | -130.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 150.54% | -132.21% |
Dividends
UGOFX vs. GLE - Dividend Comparison
UGOFX's dividend yield for the trailing twelve months is around 17.80%, while GLE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLE Global Engine Group Holding Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UGOFX USAA Global Managed Volatility Fund | 17.80% | 20.24% | 3.46% | 1.77% | 8.60% | 24.98% | 4.13% | 4.16% | 4.48% | 1.99% | 1.44% | 1.05% |
Frequently Asked Questions
UGOFX and GLE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLE has higher volatility (20.96%) compared to UGOFX (3.78%). In terms of maximum drawdown, UGOFX dropped -38.00% vs GLE's -94.99%.
UGOFX currently has the higher Sharpe Ratio (1.68 vs -0.47), 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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