VictoryShares USAA Core Intermediate-Term… (UITB) Performance
UITB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.2% since Dec 31, 2025
- 1 year
- −1.2% total return
- 5 years
- +0.3% a year
- Since first price
- +2.0% a year since 2017
UITB trailing returns vs AGG, TLT, SPY
| Period | UITB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.8% | +0.3% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.7% | −1.8% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.7% | −3.8% | −1.5% | −3.8% | +7.8% |
| YTD | −1.2% | −4.4% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.2% | −5.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +16.8%+5.3%/yr | +3.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +1.4%+0.3%/yr | −14.7% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionOct 26, 2017 | +19.7%+2.0%/yr | −9.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: UITB vs AGG
From Oct 26, 2017: UITB grew to $11,971, AGG to $11,414.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
UITB returns by calendar year
5 of 8 full years positive. Best 2019 (+11.4%), worst 2022 (−12.2%). 2026 is year to date.
UITB annual returns table
| Year | UITB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.2% | −4.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.3% | −2.6% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.8% | −3.9% | +1.3% | −8.1% | +24.9% |
| 2023 | +6.5% | −6.5% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.2% | −15.2% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.9% | −2.9% | −1.8% | −4.6% | +28.7% |
| 2020 | +7.8% | −8.7% | +7.5% | +18.2% | +18.3% |
| 2019 | +11.4% | −2.3% | +8.5% | +14.1% | +31.2% |
| 2018 | −1.3% | −3.4% | +0.1% | −1.6% | −4.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
UITB largest drawdowns
Now 3.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 3, 2021 | −17.0% | Oct 20, 2022 | Sep 11, 2025 | 1.2 years | 4.1 years |
| Mar 6, 2020 | −8.7% | Mar 20, 2020 | Jun 22, 2020 | 14 days | 4 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
UITB risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +4.2% | −0.2% | +1.8% |
| Volatility (annualized) | 5.5% | 6.2% | 5.6% |
| Sharpe ratio | -0.02 | -0.59 | -0.10 |
| Sortino ratio | -0.03 | -0.75 | -0.13 |
| Best month | +4.7% | +4.7% | +4.7% |
| Worst month | −2.7% | −3.9% | −4.9% |
| Best 12 months | +11.8% | +11.8% | +13.0% |
| Worst 12 months | −2.0% | −14.6% | −14.6% |
| Positive months | 67% | 53% | 58% |
| Beta vs S&P 500 | 0.22 | 0.24 | — |
| Correlation with S&P 500 | 0.49 | 0.60 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
UITB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 97 | −14.6% | +3.6% | +13.0% | 74% |
| 3-year (a year) | 73 | −4.5% | +2.3% | +6.7% | 58% |
| 5-year (a year) | 49 | −0.2% | +0.7% | +2.2% | 96% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
UITB performance overview
VictoryShares USAA Core Intermediate-Term… (UITB) returned −1.2% over the past year and +0.3% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +2.0% a year, turning $10,000 into about $11,971. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −17.0%, from Aug 3, 2021 to Oct 20, 2022, and it took 2.9 years to get back to the old high. UITB finished 5 of its 8 full calendar years with a gain; the best year was 2019 (+11.4%) and the worst 2022 (−12.2%). Volatility has been 5.6% a year.
Related: UITB chart, UITB dividends, UITB bond profile. See the UITB overview for the latest quote and fund facts.
UITB performance FAQ
What is the UITB return over the past year?
UITB returned −1.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.4%.
What is the average annual return of UITB?
UITB has returned +0.3% a year over 5 years, +2.0% a year since October 26, 2017 (total return, distributions reinvested).
How much would $10,000 invested in UITB be worth?
$10,000 invested in UITB at its first recorded close on October 26, 2017 would be worth about $11,971 on October 23, 2026 with distributions reinvested.
What was the worst year for UITB?
The worst calendar year was 2022, with a total return of −12.2%. The best was 2019 at +11.4%.
What is the biggest drawdown of UITB?
The largest peak-to-trough decline was −17.0% between August 3, 2021 and October 20, 2022. It recovered to the old high on September 11, 2025, 2.9 years after the bottom.
How volatile is UITB?
Over the past 3 years UITB had an annualized volatility of 5.5% and a Sharpe ratio of -0.02 (excess return over 1–3 month T-bills per unit of risk).