UTBPX vs. UEIPX

Last updated Aug 1, 2026

UTBPX (UBS Multi Income Bond Fund) and UEIPX (UBS Engage For Impact Fund) are both mutual funds - UTBPX is a Intermediate Core-Plus Bond fund managed by UBS, while UEIPX is a Global Equities fund managed by UBS. Their 0.14 correlation means their historical movements had little consistent relationship. UTBPX charges 1.72%/yr vs 0.85%/yr for UEIPX.

Performance

UTBPX vs. UEIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Multi Income Bond Fund (UTBPX) and UBS Engage For Impact Fund (UEIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UTBPX

• 1D: 0.08%
• 1M: -1.10%
• 6M: -0.40%
• YTD: 0.12%
• 1Y: 3.07%
• 3Y*: 3.96%
• 5Y*: 0.15%
• 10Y*: 1.74%
• ALL TIME*: 1.98%

UEIPX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
UTBPX UBS Multi Income Bond Fund	$0.00	$0.00	$0.00

UTBPX vs. UEIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
UTBPX UBS Multi Income Bond Fund	0.12%	6.60%	1.67%	6.67%	-11.74%	-1.49%	6.51%	10.62%	0.90%
UEIPX UBS Engage For Impact Fund	8.16%	20.69%	10.39%	16.46%	-22.35%	16.12%	16.94%	23.66%	-5.23%

Correlation

The correlation between UTBPX and UEIPX is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (5Y) Shows whether the relationship held over a longer period.	0.30
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018	0.14

Over the past year, UTBPX and UEIPX have become more correlated (0.49) than their long-term average of 0.14, meaning their price movements have been converging.

Return for Risk

UTBPX vs. UEIPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UTBPX

UTBPX Risk / Return Rank: 32
UTBPX Sharpe Ratio Rank: 32
UTBPX Sortino Ratio Rank: 32
UTBPX Omega Ratio Rank: 32
UTBPX Calmar Ratio Rank: 31
UTBPX Martin Ratio Rank: 32

UEIPX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UTBPX vs. UEIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Multi Income Bond Fund (UTBPX) and UBS Engage For Impact Fund (UEIPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UTBPX	UEIPX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	—	—
Sortino ratio: Return per unit of downside risk	1.51	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.36	—	—
Martin ratio: Return relative to average drawdown	4.71	—	—

Drawdowns

Drawdown Indicators

	UTBPX	UEIPX	Difference
Max Drawdown Largest peak-to-trough decline	-16.84%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.84%	—	—
Current Drawdown Current decline from peak	-1.61%	—	—
Average Drawdown Average peak-to-trough decline	-3.98%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	—	—

Volatility

Volatility by Period

	UTBPX	UEIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.97%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.37%	—	—

UTBPX vs. UEIPX - Expense Ratio Comparison

UTBPX has a 1.72% expense ratio, which is higher than UEIPX's 0.85% expense ratio.

Dividends

UTBPX vs. UEIPX - Dividend Comparison

UTBPX's dividend yield for the trailing twelve months is around 4.30%, less than UEIPX's 12.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
UEIPX UBS Engage For Impact Fund	12.61%	13.64%	4.91%	0.66%	0.95%	11.99%	0.76%	2.68%	0.07%	0.00%	0.00%
UTBPX UBS Multi Income Bond Fund	4.30%	4.18%	4.53%	3.54%	2.84%	1.89%	2.11%	2.80%	3.05%	2.46%	1.68%

Frequently Asked Questions

Can I hold both UTBPX and UEIPX in my portfolio?

UTBPX and UEIPX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.