USIAX vs. TMPFX

Last updated Jun 4, 2026

USIAX (UBS Ultra Short Income Fund) and TMPFX (Tactical Multi-Purpose Fund) are both Ultrashort Bond funds. USIAX charges 0.35%/yr vs 1.14%/yr for TMPFX.

Performance

USIAX vs. TMPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Ultra Short Income Fund (USIAX) and Tactical Multi-Purpose Fund (TMPFX). 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*: —

TMPFX

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.52%
• 6M: 1.78%
• 1Y: 3.82%
• 3Y*: 3.99%
• 5Y*: 2.67%
• 10Y*: —

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

USIAX vs. TMPFX - Yearly Performance Comparison

	2026 (YTD)
USIAX UBS Ultra Short Income Fund	0.32%
TMPFX Tactical Multi-Purpose Fund	0.00%

Return for Risk

USIAX vs. TMPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Ultra Short Income Fund (USIAX) and Tactical Multi-Purpose Fund (TMPFX). 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	TMPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.81	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	12.88	0.81	+12.07

Drawdowns

USIAX vs. TMPFX - Drawdown Comparison

The maximum USIAX drawdown since its inception was 0.00%, smaller than the maximum TMPFX drawdown of -3.52%. Use the drawdown chart below to compare losses from any high point for USIAX and TMPFX.

Drawdown Indicators

	USIAX	TMPFX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-3.52%	+3.52%
Max Drawdown (1Y) Largest decline over 1 year	—	0.00%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-3.52%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.65%	+0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	USIAX	TMPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.98%	0.56%	+2.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.98%	2.33%	+0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.98%	1.81%	+1.17%

USIAX vs. TMPFX - Expense Ratio Comparison

USIAX has a 0.35% expense ratio, which is lower than TMPFX's 1.14% expense ratio.

Dividends

USIAX vs. TMPFX - Dividend Comparison

USIAX's dividend yield for the trailing twelve months is around 0.32%, less than TMPFX's 3.75% yield.

Position	TTM	2025	2024	2023
TMPFX Tactical Multi-Purpose Fund	3.75%	3.81%	4.15%	3.90%
USIAX UBS Ultra Short Income Fund	0.32%	0.00%	0.00%	0.00%