URFRX vs. UCEQX
Compare and contrast key facts about USAA Target Retirement 2040 Fund (URFRX) and USAA Cornerstone Equity Fund (UCEQX).
URFRX is managed by Victory Capital. It was launched on Jul 30, 2008. UCEQX is managed by Victory Capital. It was launched on Jun 7, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URFRX or UCEQX.
Key characteristics
| URFRX | UCEQX | |
|---|---|---|
| YTD Return | 14.00% | 17.65% |
| 1Y Return | 21.64% | 24.94% |
| 3Y Return (Ann) | 0.19% | 2.25% |
| 5Y Return (Ann) | 2.78% | 6.23% |
| 10Y Return (Ann) | 2.67% | 5.28% |
| Sharpe Ratio | 2.30 | 2.12 |
| Sortino Ratio | 3.21 | 2.85 |
| Omega Ratio | 1.43 | 1.39 |
| Calmar Ratio | 1.25 | 1.72 |
| Martin Ratio | 15.03 | 13.17 |
| Ulcer Index | 1.45% | 1.90% |
| Daily Std Dev | 9.44% | 11.83% |
| Max Drawdown | -38.72% | -38.00% |
| Current Drawdown | -0.86% | -1.13% |
Correlation
The correlation between URFRX and UCEQX is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
URFRX vs. UCEQX - Performance Comparison
In the year-to-date period, URFRX achieves a 14.00% return, which is significantly lower than UCEQX's 17.65% return. Over the past 10 years, URFRX has underperformed UCEQX with an annualized return of 2.67%, while UCEQX has yielded a comparatively higher 5.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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URFRX vs. UCEQX - Expense Ratio Comparison
URFRX has a 0.02% expense ratio, which is lower than UCEQX's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
URFRX vs. UCEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Target Retirement 2040 Fund (URFRX) and USAA Cornerstone Equity Fund (UCEQX). 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.
Dividends
URFRX vs. UCEQX - Dividend Comparison
URFRX's dividend yield for the trailing twelve months is around 2.14%, more than UCEQX's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URFRX USAA Target Retirement 2040 Fund | 2.14% | 2.44% | 2.68% | 4.76% | 1.65% | 2.31% | 2.32% | 2.03% | 3.78% | 0.00% | 2.34% | 1.92% |
UCEQX USAA Cornerstone Equity Fund | 1.79% | 2.11% | 1.79% | 3.35% | 1.27% | 2.14% | 1.96% | 1.42% | 1.50% | 1.26% | 1.86% | 1.28% |
Drawdowns
URFRX vs. UCEQX - Drawdown Comparison
The maximum URFRX drawdown since its inception was -38.72%, roughly equal to the maximum UCEQX drawdown of -38.00%. Use the drawdown chart below to compare losses from any high point for URFRX and UCEQX. For additional features, visit the drawdowns tool.
Volatility
URFRX vs. UCEQX - Volatility Comparison
The current volatility for USAA Target Retirement 2040 Fund (URFRX) is 2.61%, while USAA Cornerstone Equity Fund (UCEQX) has a volatility of 3.33%. This indicates that URFRX experiences smaller price fluctuations and is considered to be less risky than UCEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.