PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
UGSDX vs. USLUX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

UGSDX vs. USLUX

Last updated Apr 1, 2026

Compare and contrast key facts about U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) and U.S. Global Investors Global Luxury Goods Fund (USLUX).

UGSDX is managed by US Global. It was launched on Dec 2, 2013. USLUX is managed by US Global. It was launched on May 2, 1995.

Performance

UGSDX vs. USLUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) and U.S. Global Investors Global Luxury Goods Fund (USLUX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

UGSDX vs. USLUX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
UGSDX
U.S. Global Investors U.S. Government Ultra-Short Bond Fund		0.53%3.93%4.31%4.15%-1.66%-0.44%0.32%1.49%1.18%1.49%
USLUX
U.S. Global Investors Global Luxury Goods Fund		-13.20%17.87%14.26%23.79%-23.91%25.14%20.76%13.72%-8.30%19.19%

Returns By Period

In the year-to-date period, UGSDX achieves a 0.53% return, which is significantly higher than USLUX's -13.20% return. Over the past 10 years, UGSDX has underperformed USLUX with an annualized return of 1.50%, while USLUX has yielded a comparatively higher 8.72% annualized return.

UGSDX

1D
0.00%
1M
0.00%
YTD
0.53%
6M
1.42%
1Y
3.41%
3Y*
3.87%
5Y*
2.14%
10Y*
1.50%

USLUX

1D
0.32%
1M
-14.11%
YTD
-13.20%
6M
-9.28%
1Y
5.15%
3Y*
6.96%
5Y*
5.60%
10Y*
8.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

U.S. Global Investors U.S. Government Ultra-Short Bond Fund

U.S. Global Investors Global Luxury Goods Fund

Often compared with UGSDX:
UGSDX vs. ^GSPCUGSDX vs. BINCUGSDX vs. PIASXUGSDX vs. NUSIXUGSDX vs. SADIXUGSDX vs. BBBIXUGSDX vs. FAPDX
Often compared with USLUX:
USLUX vs. IVVUSLUX vs. VUGUSLUX vs. KLXYUSLUX vs. NEARXUSLUX vs. UNWPXUSLUX vs. RYRIXUSLUX vs. FSAVX

UGSDX vs. USLUX - Expense Ratio Comparison

UGSDX has a 1.06% expense ratio, which is lower than USLUX's 1.55% expense ratio.

USLUX
U.S. Global Investors Global Luxury Goods Fund
UGSDX
U.S. Global Investors U.S. Government Ultra-Short Bond Fund

Return for Risk

UGSDX vs. USLUX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UGSDX
USLUX
USLUX Risk / Return Rank: 1010
Overall Rank
USLUX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
USLUX Sortino Ratio Rank: 1010
Sortino Ratio Rank
USLUX Omega Ratio Rank: 99
Omega Ratio Rank
USLUX Calmar Ratio Rank: 99
Calmar Ratio Rank
USLUX Martin Ratio Rank: 1010
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.

UGSDX vs. USLUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) and U.S. Global Investors Global Luxury Goods Fund (USLUX). 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.

UGSDXUSLUXDifference

Sharpe ratio

Return per unit of total volatility

3.60

0.21

+3.39

Sortino ratio

Return per unit of downside risk

—

0.47

—

Omega ratio

Gain probability vs. loss probability

—

1.06

—

Calmar ratio

Return relative to maximum drawdown

—

0.19

—

Martin ratio

Return relative to average drawdown

—

0.69

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UGSDX vs. USLUX - Sharpe Ratio Comparison

The current UGSDX Sharpe Ratio is 3.60, which is higher than the USLUX Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of UGSDX and USLUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

UGSDXUSLUXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.60

0.21

+3.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.20

0.27

+0.93

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

0.45

+0.52

Sharpe Ratio (All Time)

Calculated using the full available price history

0.73

0.17

+0.56

Correlation

The correlation between UGSDX and USLUX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

UGSDX vs. USLUX - Dividend Comparison

UGSDX's dividend yield for the trailing twelve months is around 3.35%, less than USLUX's 9.08% yield.

TTM20252024202320222021202020192018201720162015
UGSDX
U.S. Global Investors U.S. Government Ultra-Short Bond Fund		3.35%3.85%4.23%3.55%0.87%0.06%0.32%1.48%1.17%1.48%0.44%0.44%
USLUX
U.S. Global Investors Global Luxury Goods Fund		9.08%7.88%9.94%2.71%6.40%15.37%0.12%2.31%16.18%13.87%8.35%8.01%

Drawdowns

UGSDX vs. USLUX - Drawdown Comparison

The maximum UGSDX drawdown since its inception was -2.83%, smaller than the maximum USLUX drawdown of -77.61%. Use the drawdown chart below to compare losses from any high point for UGSDX and USLUX.

Loading graphics...

Drawdown Indicators

UGSDXUSLUXDifference

Max Drawdown

Largest peak-to-trough decline

-2.83%

-77.61%

+74.78%

Max Drawdown (1Y)

Largest decline over 1 year

0.00%

-15.68%

+15.68%

Max Drawdown (5Y)

Largest decline over 5 years

-2.83%

-33.85%

+31.02%

Max Drawdown (10Y)

Largest decline over 10 years

-2.83%

-34.51%

+31.68%

Current Drawdown

Current decline from peak

0.00%

-15.42%

+15.42%

Average Drawdown

Average peak-to-trough decline

-0.30%

-42.29%

+41.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

4.22%

-4.22%

Volatility

UGSDX vs. USLUX - Volatility Comparison

The current volatility for U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) is 0.00%, while U.S. Global Investors Global Luxury Goods Fund (USLUX) has a volatility of 6.23%. This indicates that UGSDX experiences smaller price fluctuations and is considered to be less risky than USLUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

UGSDXUSLUXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

6.23%

-6.23%

Volatility (6M)

Calculated over the trailing 6-month period

0.69%

12.99%

-12.30%

Volatility (1Y)

Calculated over the trailing 1-year period

1.05%

21.90%

-20.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.78%

20.52%

-18.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.55%

19.45%

-17.90%