Correlation
The correlation between USIAX and SCHO is 0.04, 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.
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.
Performance
USIAX vs. SCHO - Performance Comparison
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Key characteristics
USIAX:
3.50
SCHO:
3.25
USIAX:
14.20
SCHO:
5.30
USIAX:
5.49
SCHO:
1.72
USIAX:
15.31
SCHO:
6.01
USIAX:
69.11
SCHO:
16.71
USIAX:
0.07%
SCHO:
0.35%
USIAX:
1.46%
SCHO:
1.80%
USIAX:
-2.30%
SCHO:
-5.69%
USIAX:
0.00%
SCHO:
-0.23%
Returns By Period
In the year-to-date period, USIAX achieves a 1.42% return, which is significantly lower than SCHO's 2.51% return.
USIAX
1.42%
0.00%
2.25%
4.66%
4.27%
2.50%
N/A
SCHO
2.51%
-0.08%
2.39%
5.65%
2.97%
1.17%
1.49%
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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.
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Dividends
USIAX vs. SCHO - Dividend Comparison
USIAX's dividend yield for the trailing twelve months is around 4.45%, more than SCHO's 4.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USIAX UBS Ultra Short Income Fund | 4.45% | 5.08% | 4.89% | 1.69% | 0.17% | 0.94% | 2.36% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHO Schwab Short-Term U.S. Treasury ETF | 4.22% | 4.29% | 3.76% | 1.34% | 0.41% | 1.27% | 2.26% | 1.78% | 1.12% | 0.82% | 0.68% | 0.47% |
Drawdowns
USIAX vs. SCHO - Drawdown Comparison
The maximum USIAX drawdown since its inception was -2.30%, smaller than the maximum SCHO drawdown of -5.69%. Use the drawdown chart below to compare losses from any high point for USIAX and SCHO.
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Volatility
USIAX vs. SCHO - Volatility Comparison
The current volatility for UBS Ultra Short Income Fund (USIAX) is 0.15%, while Schwab Short-Term U.S. Treasury ETF (SCHO) has a volatility of 0.49%. This indicates that USIAX experiences smaller price fluctuations and is considered to be less risky than SCHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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