CBALX vs. TIBAX
Compare and contrast key facts about Columbia Balanced Fund (CBALX) and Thornburg Investment Income Builder Fund (TIBAX).
CBALX is managed by Columbia Threadneedle. It was launched on Sep 30, 1991. TIBAX is managed by Thornburg. It was launched on Dec 23, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBALX or TIBAX.
Correlation
The correlation between CBALX and TIBAX is 0.77, 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.
Performance
CBALX vs. TIBAX - Performance Comparison
Key characteristics
CBALX:
1.09
TIBAX:
2.06
CBALX:
1.38
TIBAX:
2.86
CBALX:
1.23
TIBAX:
1.38
CBALX:
1.17
TIBAX:
2.79
CBALX:
4.20
TIBAX:
8.30
CBALX:
2.65%
TIBAX:
2.15%
CBALX:
10.19%
TIBAX:
8.64%
CBALX:
-35.45%
TIBAX:
-46.73%
CBALX:
-6.19%
TIBAX:
0.00%
Returns By Period
In the year-to-date period, CBALX achieves a 1.93% return, which is significantly lower than TIBAX's 3.60% return. Over the past 10 years, CBALX has underperformed TIBAX with an annualized return of 5.39%, while TIBAX has yielded a comparatively higher 7.07% annualized return.
CBALX
1.93%
1.38%
-0.29%
10.04%
4.82%
5.39%
TIBAX
3.60%
6.61%
4.48%
16.47%
8.40%
7.07%
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CBALX vs. TIBAX - Expense Ratio Comparison
CBALX has a 0.67% expense ratio, which is lower than TIBAX's 1.14% expense ratio.
Risk-Adjusted Performance
CBALX vs. TIBAX — Risk-Adjusted Performance Rank
CBALX
TIBAX
CBALX vs. TIBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Balanced Fund (CBALX) and Thornburg Investment Income Builder Fund (TIBAX). 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.
Dividends
CBALX vs. TIBAX - Dividend Comparison
CBALX's dividend yield for the trailing twelve months is around 2.12%, less than TIBAX's 4.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBALX Columbia Balanced Fund | 2.12% | 2.16% | 1.84% | 1.51% | 0.86% | 1.25% | 1.69% | 1.74% | 1.29% | 1.26% | 2.12% | 1.09% |
TIBAX Thornburg Investment Income Builder Fund | 4.41% | 4.57% | 4.67% | 5.62% | 5.10% | 4.11% | 4.23% | 4.49% | 4.22% | 3.83% | 4.31% | 5.20% |
Drawdowns
CBALX vs. TIBAX - Drawdown Comparison
The maximum CBALX drawdown since its inception was -35.45%, smaller than the maximum TIBAX drawdown of -46.73%. Use the drawdown chart below to compare losses from any high point for CBALX and TIBAX. For additional features, visit the drawdowns tool.
Volatility
CBALX vs. TIBAX - Volatility Comparison
Columbia Balanced Fund (CBALX) and Thornburg Investment Income Builder Fund (TIBAX) have volatilities of 3.60% and 3.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.