USBNX Performance — Pear Tree Polaris Small Cap Fund, Ordinary Shares
Data updated: 2026-08-25
USBNX returned +16.83% year to date and +25.14% over one year to Jun 2026. Annualised returns are +14.99% over 3 years and +8.63% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $152, against $156 for the category, and to $125 over one year, against $133. Volatility over the past three years was 16.52% a year. In the 12 months to Jun 2026 the fund lost a net $2.3M, and assets reached $101.01M.
USBNX Growth of $100
What $100 invested in Pear Tree Polaris Small Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | USBNX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $125 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $152 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $151 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $189 | $209 |
USBNX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.83% |
| 1 year | +25.14% |
| 3 years (annualised) | +14.99% |
| 5 years (annualised) | +8.63% |
USBNX Annual Returns
Calendar-year total returns of Pear Tree Polaris Small Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +16.83% |
| 2025 | +8.06% |
| 2024 | +8.66% |
| 2023 | +12.85% |
| 2022 | −5.10% |
| 2021 | +24.20% |
| 2020 | −4.78% |
| 2019 (Jul–Dec) | +8.99% |
USBNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.9% | +0.2% | −2.9% | +7.0% | +0.9% | +5.1% | — | — | — | — | — | — |
| 2025 | +3.9% | −3.6% | −3.0% | −3.6% | +5.7% | +1.9% | −0.2% | +6.2% | −1.4% | −2.9% | +3.8% | +1.6% |
| 2024 | −2.1% | +3.2% | +5.9% | −5.4% | +2.8% | −1.9% | +9.9% | −1.0% | +0.4% | −2.5% | +9.3% | −8.5% |
| 2023 | +7.1% | −0.5% | −6.4% | −2.4% | −2.5% | +7.3% | +6.2% | −2.1% | −4.0% | −5.4% | +6.8% | +9.8% |
| 2022 | −3.1% | +1.4% | −0.2% | −5.8% | +2.1% | −6.9% | +8.6% | −5.5% | −7.3% | +13.8% | +4.3% | −4.2% |
| 2021 | +1.7% | +10.1% | +5.7% | +2.9% | +1.8% | −2.8% | −3.1% | +1.8% | −0.8% | +4.1% | −3.7% | +5.1% |
| 2020 | −6.7% | −10.3% | −24.7% | +14.0% | +3.3% | +2.4% | −0.5% | +4.0% | −6.2% | +3.6% | +16.4% | +7.0% |
| 2019 | — | — | — | — | — | — | 0.0% | −7.2% | +6.6% | +1.9% | +3.8% | +4.1% |
USBNX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.52%
- 3-year Sharpe ratio: 0.64 (vs 4.5% risk-free rate)
- Best month: +9.89% (Jul 2024)
- Worst month: −8.48% (Dec 2024)
USBNX Fund Flows
Monthly money in and out of Pear Tree Polaris Small Cap Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.3M
- 12-month gross sales (incl. reinvestments): $11.9M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $140K | $3.9M | −$3.7M |
| May 2026 | $476K | $306K | $169K |
| Apr 2026 | $143K | $52K | $91K |
| Mar 2026 | $250K | $113K | $136K |
| Feb 2026 | $579K | $928K | −$349K |
| Jan 2026 | $62K | $484K | −$422K |
| Dec 2025 | $9.7M | $3.8M | $5.8M |
| Nov 2025 | $407K | $1.3M | −$892K |
| Oct 2025 | $129K | $1.3M | −$1.1M |
| Sep 2025 | $9K | $1.3M | −$1.3M |
| Aug 2025 | $10K | $478K | −$469K |
| Jul 2025 | $45K | $254K | −$209K |
USBNX Assets Under Management
Net assets of Pear Tree Polaris Small Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $101.01M |
| 2026-03-31 | $92.05M |
| 2025-12-31 | $89.92M |
| 2025-09-30 | $93.51M |
| 2025-06-30 | $91.33M |
| 2025-03-31 | $88.16M |
| 2024-12-31 | $94.80M |
| 2024-09-30 | $102.09M |
| 2024-06-30 | $82.79M |
| 2024-03-31 | $88.13M |
| 2023-12-31 | $83.93M |
| 2023-09-30 | $77.64M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.