Correlation
The correlation between CBALX and VOO is 0.97, 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.
CBALX vs. VOO
Compare and contrast key facts about Columbia Balanced Fund (CBALX) and Vanguard S&P 500 ETF (VOO).
CBALX is managed by Columbia Threadneedle. It was launched on Sep 30, 1991. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBALX or VOO.
Performance
CBALX vs. VOO - Performance Comparison
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Key characteristics
CBALX:
0.78
VOO:
0.70
CBALX:
1.08
VOO:
1.05
CBALX:
1.15
VOO:
1.15
CBALX:
0.73
VOO:
0.69
CBALX:
2.84
VOO:
2.62
CBALX:
3.10%
VOO:
4.93%
CBALX:
12.20%
VOO:
19.55%
CBALX:
-34.53%
VOO:
-33.99%
CBALX:
-1.76%
VOO:
-3.45%
Returns By Period
In the year-to-date period, CBALX achieves a 1.87% return, which is significantly higher than VOO's 1.00% return. Over the past 10 years, CBALX has underperformed VOO with an annualized return of 8.36%, while VOO has yielded a comparatively higher 12.81% annualized return.
CBALX
1.87%
3.82%
0.56%
9.46%
9.59%
9.96%
8.36%
VOO
1.00%
6.44%
-0.84%
13.62%
14.14%
15.91%
12.81%
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CBALX vs. VOO - Expense Ratio Comparison
CBALX has a 0.67% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
CBALX vs. VOO — Risk-Adjusted Performance Rank
CBALX
VOO
CBALX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Balanced Fund (CBALX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
CBALX vs. VOO - Dividend Comparison
CBALX's dividend yield for the trailing twelve months is around 7.72%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBALX Columbia Balanced Fund | 7.72% | 7.83% | 1.84% | 5.36% | 9.26% | 5.31% | 4.16% | 5.83% | 2.79% | 1.59% | 4.05% | 4.76% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CBALX vs. VOO - Drawdown Comparison
The maximum CBALX drawdown since its inception was -34.53%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CBALX and VOO.
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Volatility
CBALX vs. VOO - Volatility Comparison
The current volatility for Columbia Balanced Fund (CBALX) is 3.02%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.83%. This indicates that CBALX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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