BIAEX vs. COLTX
Compare and contrast key facts about Brown Advisory Tax Exempt Bond Fund (BIAEX) and Columbia Tax-Exempt Fund (COLTX).
BIAEX is managed by Brown Advisory Funds. It was launched on Jun 28, 2012. COLTX is managed by Columbia. It was launched on Nov 20, 1978.
Performance
BIAEX vs. COLTX - Performance Comparison
Loading graphics...
BIAEX vs. COLTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIAEX Brown Advisory Tax Exempt Bond Fund | -0.48% | 5.50% | 2.08% | 6.43% | -9.75% | 2.39% | 3.65% | 7.48% | 2.19% | 4.12% |
COLTX Columbia Tax-Exempt Fund | -0.43% | 3.86% | 3.47% | 6.60% | -12.56% | 3.01% | 3.37% | 8.15% | 0.19% | 6.15% |
Returns By Period
In the year-to-date period, BIAEX achieves a -0.48% return, which is significantly lower than COLTX's -0.43% return. Over the past 10 years, BIAEX has outperformed COLTX with an annualized return of 1.97%, while COLTX has yielded a comparatively lower 1.86% annualized return.
BIAEX
- 1D
- 0.21%
- 1M
- -2.20%
- YTD
- -0.48%
- 6M
- 1.23%
- 1Y
- 4.68%
- 3Y*
- 3.61%
- 5Y*
- 1.01%
- 10Y*
- 1.97%
COLTX
- 1D
- 0.35%
- 1M
- -2.19%
- YTD
- -0.43%
- 6M
- 0.82%
- 1Y
- 2.85%
- 3Y*
- 3.55%
- 5Y*
- 0.51%
- 10Y*
- 1.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BIAEX vs. COLTX - Expense Ratio Comparison
BIAEX has a 0.46% expense ratio, which is lower than COLTX's 0.73% expense ratio.
Return for Risk
BIAEX vs. COLTX — Risk / Return Rank
BIAEX
COLTX
BIAEX vs. COLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown Advisory Tax Exempt Bond Fund (BIAEX) and Columbia Tax-Exempt Fund (COLTX). 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.
| BIAEX | COLTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 0.50 | +0.75 |
Sortino ratioReturn per unit of downside risk | 1.68 | 0.70 | +0.98 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.14 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 0.65 | +0.75 |
Martin ratioReturn relative to average drawdown | 5.19 | 1.81 | +3.38 |
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
| BIAEX | COLTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.50 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.10 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.38 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.94 | -0.47 |
Correlation
The correlation between BIAEX and COLTX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BIAEX vs. COLTX - Dividend Comparison
BIAEX's dividend yield for the trailing twelve months is around 3.48%, less than COLTX's 3.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIAEX Brown Advisory Tax Exempt Bond Fund | 3.48% | 3.79% | 3.67% | 3.15% | 2.00% | 2.57% | 2.75% | 3.01% | 3.27% | 2.30% | 0.00% | 0.00% |
COLTX Columbia Tax-Exempt Fund | 3.73% | 4.91% | 3.66% | 3.15% | 3.05% | 3.20% | 3.27% | 4.60% | 3.80% | 3.86% | 4.15% | 4.13% |
Drawdowns
BIAEX vs. COLTX - Drawdown Comparison
The maximum BIAEX drawdown since its inception was -13.89%, smaller than the maximum COLTX drawdown of -18.07%. Use the drawdown chart below to compare losses from any high point for BIAEX and COLTX.
Loading graphics...
Drawdown Indicators
| BIAEX | COLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.89% | -18.07% | +4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -3.97% | -6.59% | +2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -13.89% | -18.07% | +4.18% |
Max Drawdown (10Y)Largest decline over 10 years | -13.89% | -18.07% | +4.18% |
Current DrawdownCurrent decline from peak | -2.51% | -2.52% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -2.85% | -2.64% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 2.38% | -1.30% |
Volatility
BIAEX vs. COLTX - Volatility Comparison
The current volatility for Brown Advisory Tax Exempt Bond Fund (BIAEX) is 1.01%, while Columbia Tax-Exempt Fund (COLTX) has a volatility of 1.37%. This indicates that BIAEX experiences smaller price fluctuations and is considered to be less risky than COLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BIAEX | COLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 1.37% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 1.66% | 2.06% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.09% | 6.72% | -2.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.37% | 5.18% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.58% | 4.95% | -1.37% |