No. A validly elected pope can lose his spiritual office (or it can be impaired) for a number of reasons. UPA doesn't destroy sedevacantism at all. It is only concerned with the election of a pope. His orthodoxy is another matter altogether.
For a Pope to lose his office, you'd need at least a small minority of Bishops to stop commemorating him. That's what Cardinal Billot says in the case of Pope Alexander VI. It's why, very likely, a Pope can only lose his office after warnings from the Cardinals and Bishops. At that time, after the warnings, he is no longer universally accepted, but many Bishops don't acknowledge him. Then, perhaps he could fall from the pontificate.
It is certain that every Pope up until Pope Benedict XVI was validly elected and remained Pope until their death/resignation by this criterion. Whether Pope Francis will remain Pope or not until the end is something only God knows, I think, as it depends on the future.