COSIX vs. DCAIX
COSIX (Columbia Strategic Income Fund) and DCAIX (Dunham Long/Short Credit Fund) are both Nontraditional Bonds funds. Over the past 10 years, COSIX returned 3.32%/yr vs 3.20%/yr for DCAIX. Their 0.18 correlation means their historical movements had little consistent relationship. COSIX charges 0.92%/yr vs 1.98%/yr for DCAIX.
Performance
COSIX vs. DCAIX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with COSIX having a 0.77% return and DCAIX slightly higher at 0.80%. Both investments have delivered pretty close results over the past 10 years, with COSIX having a 3.32% annualized return and DCAIX not far behind at 3.20%.
COSIX
- 1D
- -0.09%
- 1M
- -0.81%
- 6M
- 0.54%
- YTD
- 0.77%
- 1Y
- 2.78%
- 3Y*
- 5.85%
- 5Y*
- 1.64%
- 10Y*
- 3.32%
- ALL TIME*
- 5.43%
DCAIX
- 1D
- -0.36%
- 1M
- -0.49%
- 6M
- 0.46%
- YTD
- 0.80%
- 1Y
- 1.58%
- 3Y*
- 2.83%
- 5Y*
- 0.98%
- 10Y*
- 3.20%
- ALL TIME*
- 2.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
COSIX vs. DCAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COSIX Columbia Strategic Income Fund | 0.77% | 6.98% | 4.50% | 9.86% | -11.65% | 1.34% | 7.12% | 10.19% | -0.96% | 5.48% |
DCAIX Dunham Long/Short Credit Fund | 0.80% | 2.47% | 3.78% | 0.60% | -2.64% | 1.47% | 4.11% | 5.81% | 4.17% | 10.40% |
Correlation
The correlation between COSIX and DCAIX is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.02 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.01 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2004 | 0.18 |
The correlation between COSIX and DCAIX shifts across timeframes, from 0.01 (5 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COSIX vs. DCAIX — Risk / Return Rank
COSIX
DCAIX
COSIX vs. DCAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Strategic Income Fund (COSIX) and Dunham Long/Short Credit Fund (DCAIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COSIX | DCAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.50 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 3.51 | -2.03 |
| Martin ratioReturn relative to average drawdown | 5.47 | 12.94 | -7.48 |
Loading charts...
Drawdowns
COSIX vs. DCAIX - Drawdown Comparison
The maximum COSIX drawdown since its inception was -27.69%, smaller than the maximum DCAIX drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for COSIX and DCAIX.
Loading charts...
Drawdown Indicators
| COSIX | DCAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.69% | -46.34% | +18.65% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -0.49% | -1.72% |
Max Drawdown (3Y)Largest decline over 3 years | -3.59% | -0.85% | -2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -16.88% | -5.45% | -11.43% |
Max Drawdown (10Y)Largest decline over 10 years | -16.88% | -6.53% | -10.35% |
Current DrawdownCurrent decline from peak | -1.03% | -0.49% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -5.93% | +3.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 0.13% | +0.46% |
Volatility
COSIX vs. DCAIX - Volatility Comparison
Columbia Strategic Income Fund (COSIX) has a higher volatility of 0.75% compared to Dunham Long/Short Credit Fund (DCAIX) at 0.42%. This indicates that COSIX's price experiences larger fluctuations and is considered to be riskier than DCAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| COSIX | DCAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 0.42% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 2.31% | 0.79% | +1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.88% | 1.07% | +1.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.57% | 1.58% | +2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.15% | 3.79% | +0.36% |
COSIX vs. DCAIX - Expense Ratio Comparison
COSIX has a 0.92% expense ratio, which is lower than DCAIX's 1.98% expense ratio.
Dividends
COSIX vs. DCAIX - Dividend Comparison
COSIX's dividend yield for the trailing twelve months is around 5.08%, more than DCAIX's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COSIX Columbia Strategic Income Fund | 5.08% | 4.94% | 5.20% | 5.03% | 3.56% | 3.86% | 3.24% | 3.71% | 4.25% | 3.51% | 3.09% | 4.20% |
DCAIX Dunham Long/Short Credit Fund | 3.30% | 3.79% | 3.72% | 4.04% | 2.63% | 2.25% | 2.39% | 2.27% | 1.31% | 1.33% | 2.28% | 5.72% |
Frequently Asked Questions
COSIX and DCAIX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COSIX has higher volatility (0.75%) compared to DCAIX (0.42%). In terms of maximum drawdown, COSIX dropped -27.69% vs DCAIX's -46.34%.
DCAIX currently has the higher Sharpe Ratio (1.60 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for COSIX and DCAIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer