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COLB vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between COLB and ^GSPC is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

COLB vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Banking System, Inc. (COLB) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

COLB:

0.69

^GSPC:

0.44

Sortino Ratio

COLB:

1.23

^GSPC:

0.79

Omega Ratio

COLB:

1.16

^GSPC:

1.12

Calmar Ratio

COLB:

0.48

^GSPC:

0.48

Martin Ratio

COLB:

1.98

^GSPC:

1.85

Ulcer Index

COLB:

13.32%

^GSPC:

4.92%

Daily Std Dev

COLB:

38.74%

^GSPC:

19.37%

Max Drawdown

COLB:

-85.93%

^GSPC:

-56.78%

Current Drawdown

COLB:

-38.93%

^GSPC:

-7.88%

Returns By Period

In the year-to-date period, COLB achieves a -10.19% return, which is significantly lower than ^GSPC's -3.77% return. Over the past 10 years, COLB has underperformed ^GSPC with an annualized return of 2.98%, while ^GSPC has yielded a comparatively higher 10.46% annualized return.


COLB

YTD

-10.19%

1M

15.55%

6M

-19.50%

1Y

24.90%

5Y*

7.48%

10Y*

2.98%

^GSPC

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

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Risk-Adjusted Performance

COLB vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COLB
The Risk-Adjusted Performance Rank of COLB is 7373
Overall Rank
The Sharpe Ratio Rank of COLB is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of COLB is 7272
Sortino Ratio Rank
The Omega Ratio Rank of COLB is 7070
Omega Ratio Rank
The Calmar Ratio Rank of COLB is 7272
Calmar Ratio Rank
The Martin Ratio Rank of COLB is 7373
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6767
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6464
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6969
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6868
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

COLB vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Banking System, Inc. (COLB) and S&P 500 (^GSPC). 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.


The current COLB Sharpe Ratio is 0.69, which is higher than the ^GSPC Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of COLB and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

COLB vs. ^GSPC - Drawdown Comparison

The maximum COLB drawdown since its inception was -85.93%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for COLB and ^GSPC. For additional features, visit the drawdowns tool.


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Volatility

COLB vs. ^GSPC - Volatility Comparison

Columbia Banking System, Inc. (COLB) has a higher volatility of 11.20% compared to S&P 500 (^GSPC) at 6.82%. This indicates that COLB's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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