USIAX vs. SCHO
Compare and contrast key facts about UBS Ultra Short Income Fund (USIAX) and Schwab Short-Term U.S. Treasury ETF (SCHO).
USIAX is managed by UBS Asset Management. It was launched on May 29, 2018. SCHO is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (1-3 Y) (Inception 4/30/1996). It was launched on Aug 5, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USIAX or SCHO.
Correlation
The correlation between USIAX and SCHO is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
USIAX vs. SCHO - Performance Comparison
Key characteristics
USIAX:
3.52
SCHO:
3.46
USIAX:
16.14
SCHO:
6.39
USIAX:
6.10
SCHO:
1.86
USIAX:
51.85
SCHO:
6.91
USIAX:
100.56
SCHO:
19.50
USIAX:
0.05%
SCHO:
0.35%
USIAX:
1.51%
SCHO:
1.96%
USIAX:
-2.30%
SCHO:
-5.23%
USIAX:
0.00%
SCHO:
0.00%
Returns By Period
In the year-to-date period, USIAX achieves a 0.40% return, which is significantly lower than SCHO's 1.07% return.
USIAX
0.40%
0.40%
2.51%
5.30%
2.28%
N/A
SCHO
1.07%
0.61%
1.44%
6.91%
2.40%
2.24%
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USIAX vs. SCHO - Expense Ratio Comparison
USIAX has a 0.35% expense ratio, which is higher than SCHO's 0.05% expense ratio.
Risk-Adjusted Performance
USIAX vs. SCHO — Risk-Adjusted Performance Rank
USIAX
SCHO
USIAX vs. SCHO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS Ultra Short Income Fund (USIAX) and Schwab Short-Term U.S. Treasury ETF (SCHO). 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
USIAX vs. SCHO - Dividend Comparison
USIAX's dividend yield for the trailing twelve months is around 5.05%, which matches SCHO's 5.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USIAX UBS Ultra Short Income Fund | 5.05% | 5.09% | 4.81% | 1.62% | 0.15% | 0.93% | 2.36% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHO Schwab Short-Term U.S. Treasury ETF | 5.02% | 5.02% | 6.60% | 1.97% | 0.57% | 1.83% | 3.39% | 2.51% | 1.76% | 1.22% | 1.14% | 0.78% |
Drawdowns
USIAX vs. SCHO - Drawdown Comparison
The maximum USIAX drawdown since its inception was -2.30%, smaller than the maximum SCHO drawdown of -5.23%. Use the drawdown chart below to compare losses from any high point for USIAX and SCHO. For additional features, visit the drawdowns tool.
Volatility
USIAX vs. SCHO - Volatility Comparison
UBS Ultra Short Income Fund (USIAX) has a higher volatility of 0.40% compared to Schwab Short-Term U.S. Treasury ETF (SCHO) at 0.38%. This indicates that USIAX's price experiences larger fluctuations and is considered to be riskier than SCHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.