USIAX vs. NUSIX

Last updated Jun 3, 2026

USIAX (UBS Ultra Short Income Fund) and NUSIX (Navigator Ultra Short Term Bond Fund) are both Ultrashort Bond funds. At a correlation of -1.00, they often move in opposite directions. USIAX charges 0.35%/yr vs 0.71%/yr for NUSIX.

Performance

USIAX vs. NUSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Ultra Short Income Fund (USIAX) and Navigator Ultra Short Term Bond Fund (NUSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USIAX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUSIX

• 1D: 0.10%
• 1M: 0.40%
• YTD: 1.56%
• 6M: 1.98%
• 1Y: 4.27%
• 3Y*: 5.04%
• 5Y*: 3.68%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

USIAX vs. NUSIX - Yearly Performance Comparison

	2026 (YTD)
USIAX UBS Ultra Short Income Fund	0.32%
NUSIX Navigator Ultra Short Term Bond Fund	0.10%

Correlation

The correlation between USIAX and NUSIX is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-1.00

Return for Risk

USIAX vs. NUSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NUSIX

NUSIX Risk / Return Rank: 100
NUSIX Sharpe Ratio Rank: 100
NUSIX Sortino Ratio Rank: 100
NUSIX Omega Ratio Rank: 100
NUSIX Calmar Ratio Rank: 100
NUSIX Martin Ratio Rank: 100

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.

USIAX vs. NUSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Ultra Short Income Fund (USIAX) and Navigator Ultra Short Term Bond Fund (NUSIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	USIAX	NUSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	7.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	4.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	19.58	3.74	+15.84

Drawdowns

USIAX vs. NUSIX - Drawdown Comparison

The maximum USIAX drawdown since its inception was 0.00%, smaller than the maximum NUSIX drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for USIAX and NUSIX.

Drawdown Indicators

	USIAX	NUSIX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.69%	+2.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.80%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.08%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	USIAX	NUSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	0.63%	+3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	0.77%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	0.83%	+2.82%

USIAX vs. NUSIX - Expense Ratio Comparison

USIAX has a 0.35% expense ratio, which is lower than NUSIX's 0.71% expense ratio.

Dividends

USIAX vs. NUSIX - Dividend Comparison

USIAX's dividend yield for the trailing twelve months is around 0.32%, less than NUSIX's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
NUSIX Navigator Ultra Short Term Bond Fund	4.16%	4.25%	5.23%	4.92%	1.74%	0.66%	1.08%	1.99%
USIAX UBS Ultra Short Income Fund	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USIAX and NUSIX in my portfolio?

USIAX and NUSIX have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.