UUSTX vs. USSPX
Compare and contrast key facts about USAA Ultra Short-Term Bond Fund (UUSTX) and USAA 500 Index Fund (USSPX).
UUSTX is managed by Victory. It was launched on Oct 18, 2010. USSPX is managed by Victory. It was launched on May 1, 1996.
Performance
UUSTX vs. USSPX - Performance Comparison
Loading graphics...
UUSTX vs. USSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UUSTX USAA Ultra Short-Term Bond Fund | 0.30% | 5.25% | 6.20% | 5.57% | -0.69% | 0.78% | 3.00% | 4.37% | 1.58% | 1.51% |
USSPX USAA 500 Index Fund | -7.11% | 17.63% | 25.04% | 26.99% | -19.37% | 27.45% | 21.21% | 31.19% | -4.66% | 21.19% |
Returns By Period
In the year-to-date period, UUSTX achieves a 0.30% return, which is significantly higher than USSPX's -7.11% return. Over the past 10 years, UUSTX has underperformed USSPX with an annualized return of 2.91%, while USSPX has yielded a comparatively higher 13.63% annualized return.
UUSTX
- 1D
- 0.10%
- 1M
- -0.49%
- YTD
- 0.30%
- 6M
- 1.46%
- 1Y
- 4.18%
- 3Y*
- 5.28%
- 5Y*
- 3.35%
- 10Y*
- 2.91%
USSPX
- 1D
- -0.39%
- 1M
- -7.61%
- YTD
- -7.11%
- 6M
- -4.90%
- 1Y
- 14.39%
- 3Y*
- 17.23%
- 5Y*
- 11.08%
- 10Y*
- 13.63%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UUSTX vs. USSPX - Expense Ratio Comparison
UUSTX has a 0.62% expense ratio, which is higher than USSPX's 0.24% expense ratio.
Return for Risk
UUSTX vs. USSPX — Risk / Return Rank
UUSTX
USSPX
UUSTX vs. USSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Ultra Short-Term Bond Fund (UUSTX) and USAA 500 Index Fund (USSPX). 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.
| UUSTX | USSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.04 | 0.83 | +2.21 |
Sortino ratioReturn per unit of downside risk | 9.27 | 1.28 | +7.99 |
Omega ratioGain probability vs. loss probability | 2.89 | 1.20 | +1.69 |
Calmar ratioReturn relative to maximum drawdown | 7.90 | 1.04 | +6.86 |
Martin ratioReturn relative to average drawdown | 31.96 | 5.06 | +26.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UUSTX | USSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.04 | 0.83 | +2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.28 | 0.64 | +1.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.96 | 0.75 | +1.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.79 | 0.51 | +1.28 |
Correlation
The correlation between UUSTX and USSPX is 0.03, 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.
Dividends
UUSTX vs. USSPX - Dividend Comparison
UUSTX's dividend yield for the trailing twelve months is around 4.30%, less than USSPX's 4.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UUSTX USAA Ultra Short-Term Bond Fund | 4.30% | 4.81% | 5.30% | 3.87% | 2.01% | 0.87% | 2.10% | 2.66% | 2.38% | 1.60% | 1.31% | 1.33% |
USSPX USAA 500 Index Fund | 4.47% | 4.14% | 3.63% | 2.07% | 2.81% | 4.98% | 3.38% | 4.98% | 3.03% | 1.34% | 2.34% | 1.89% |
Drawdowns
UUSTX vs. USSPX - Drawdown Comparison
The maximum UUSTX drawdown since its inception was -7.34%, smaller than the maximum USSPX drawdown of -55.39%. Use the drawdown chart below to compare losses from any high point for UUSTX and USSPX.
Loading graphics...
Drawdown Indicators
| UUSTX | USSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.34% | -55.39% | +48.05% |
Max Drawdown (1Y)Largest decline over 1 year | -0.59% | -12.19% | +11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -2.53% | -26.88% | +24.35% |
Max Drawdown (10Y)Largest decline over 10 years | -7.34% | -33.64% | +26.30% |
Current DrawdownCurrent decline from peak | -0.49% | -8.92% | +8.43% |
Average DrawdownAverage peak-to-trough decline | -0.27% | -10.19% | +9.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.15% | 2.51% | -2.36% |
Volatility
UUSTX vs. USSPX - Volatility Comparison
The current volatility for USAA Ultra Short-Term Bond Fund (UUSTX) is 0.28%, while USAA 500 Index Fund (USSPX) has a volatility of 4.27%. This indicates that UUSTX experiences smaller price fluctuations and is considered to be less risky than USSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UUSTX | USSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 4.27% | -3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 1.07% | 9.14% | -8.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.52% | 18.23% | -16.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.48% | 17.46% | -15.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.49% | 18.32% | -16.83% |