COFYX vs. RIDAX
Compare and contrast key facts about Columbia Contrarian Core Fund Institutional 3 Class (COFYX) and The Income Fund of America Class R-1 (RIDAX).
COFYX is an actively managed fund by Columbia. It was launched on Nov 9, 2012. RIDAX is an actively managed fund by American Funds. It was launched on Dec 1, 1973.
Performance
COFYX vs. RIDAX - Performance Comparison
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COFYX vs. RIDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COFYX Columbia Contrarian Core Fund Institutional 3 Class | -5.61% | 17.49% | 23.49% | 32.22% | -18.51% | 24.34% | 22.37% | 40.31% | -8.79% | 20.61% |
RIDAX The Income Fund of America Class R-1 | 2.61% | 16.83% | 9.49% | 6.16% | -7.14% | 16.47% | 3.68% | 17.57% | -6.06% | 11.86% |
Returns By Period
In the year-to-date period, COFYX achieves a -5.61% return, which is significantly lower than RIDAX's 2.61% return. Over the past 10 years, COFYX has outperformed RIDAX with an annualized return of 13.93%, while RIDAX has yielded a comparatively lower 7.49% annualized return.
COFYX
- 1D
- 2.95%
- 1M
- -4.63%
- YTD
- -5.61%
- 6M
- -3.55%
- 1Y
- 15.93%
- 3Y*
- 18.53%
- 5Y*
- 11.05%
- 10Y*
- 13.93%
RIDAX
- 1D
- 1.30%
- 1M
- -4.26%
- YTD
- 2.61%
- 6M
- 4.88%
- 1Y
- 14.49%
- 3Y*
- 11.46%
- 5Y*
- 7.18%
- 10Y*
- 7.49%
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COFYX vs. RIDAX - Expense Ratio Comparison
COFYX has a 0.61% expense ratio, which is lower than RIDAX's 1.36% expense ratio.
Return for Risk
COFYX vs. RIDAX — Risk / Return Rank
COFYX
RIDAX
COFYX vs. RIDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Contrarian Core Fund Institutional 3 Class (COFYX) and The Income Fund of America Class R-1 (RIDAX). 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.
| COFYX | RIDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.56 | -0.68 |
Sortino ratioReturn per unit of downside risk | 1.35 | 2.15 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.32 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.85 | -0.49 |
Martin ratioReturn relative to average drawdown | 5.70 | 8.56 | -2.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COFYX | RIDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.56 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.76 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.70 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.67 | +0.15 |
Correlation
The correlation between COFYX and RIDAX is 0.84, 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
COFYX vs. RIDAX - Dividend Comparison
COFYX's dividend yield for the trailing twelve months is around 7.70%, less than RIDAX's 9.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COFYX Columbia Contrarian Core Fund Institutional 3 Class | 7.70% | 7.27% | 9.52% | 3.11% | 10.48% | 13.50% | 7.65% | 10.86% | 10.15% | 4.82% | 0.75% | 5.96% |
RIDAX The Income Fund of America Class R-1 | 9.02% | 9.24% | 5.14% | 2.38% | 6.20% | 5.92% | 2.09% | 4.25% | 6.58% | 3.68% | 2.32% | 4.26% |
Drawdowns
COFYX vs. RIDAX - Drawdown Comparison
The maximum COFYX drawdown since its inception was -32.43%, smaller than the maximum RIDAX drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for COFYX and RIDAX.
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Drawdown Indicators
| COFYX | RIDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.43% | -42.37% | +9.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -8.25% | -4.06% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -16.28% | -15.73% |
Max Drawdown (10Y)Largest decline over 10 years | -32.43% | -26.22% | -6.21% |
Current DrawdownCurrent decline from peak | -7.32% | -4.54% | -2.78% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -4.42% | -0.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 1.78% | +1.14% |
Volatility
COFYX vs. RIDAX - Volatility Comparison
Columbia Contrarian Core Fund Institutional 3 Class (COFYX) has a higher volatility of 5.32% compared to The Income Fund of America Class R-1 (RIDAX) at 3.31%. This indicates that COFYX's price experiences larger fluctuations and is considered to be riskier than RIDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COFYX | RIDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 3.31% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 9.72% | 5.61% | +4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.74% | 9.54% | +9.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.96% | 9.48% | +9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.02% | 10.68% | +8.34% |