COSSX vs. LBSAX

Last updated Jun 4, 2026

COSSX (Columbia Overseas Value Fund Institutional 2 Class) and LBSAX (Columbia Dividend Income Fund Class A) are both mutual funds - COSSX is a Foreign Large Cap Equities fund actively managed by Columbia, while LBSAX is a Large Cap Value Equities fund managed by Columbia. Over the past 10 years, COSSX returned 10.31%/yr vs 12.20%/yr for LBSAX. A 0.70 correlation means they provide meaningful diversification when combined. COSSX charges 0.82%/yr vs 0.90%/yr for LBSAX.

Performance

COSSX vs. LBSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Overseas Value Fund Institutional 2 Class (COSSX) and Columbia Dividend Income Fund Class A (LBSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COSSX achieves a 7.45% return, which is significantly lower than LBSAX's 7.98% return. Over the past 10 years, COSSX has underperformed LBSAX with an annualized return of 10.31%, while LBSAX has yielded a comparatively higher 12.20% annualized return.

COSSX

• 1D: 0.53%
• 1M: 0.93%
• YTD: 7.45%
• 6M: 10.17%
• 1Y: 28.09%
• 3Y*: 21.88%
• 5Y*: 11.53%
• 10Y*: 10.31%

LBSAX

• 1D: 0.93%
• 1M: 1.43%
• YTD: 7.98%
• 6M: 8.29%
• 1Y: 20.04%
• 3Y*: 16.29%
• 5Y*: 10.41%
• 10Y*: 12.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

COSSX vs. LBSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COSSX Columbia Overseas Value Fund Institutional 2 Class	7.45%	45.91%	4.82%	16.13%	-5.96%	10.94%	0.02%	22.51%	-16.69%	27.83%
LBSAX Columbia Dividend Income Fund Class A	7.98%	15.58%	14.73%	10.26%	-5.19%	25.97%	7.48%	27.84%	-4.62%	19.96%

Correlation

The correlation between COSSX and LBSAX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.70

The correlation between COSSX and LBSAX has been stable across timeframes, ranging from 0.61 to 0.70 - a consistent structural relationship.

Return for Risk

COSSX vs. LBSAX — Risk / Return Rank

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

COSSX

COSSX Risk / Return Rank: 42
COSSX Sharpe Ratio Rank: 46
COSSX Sortino Ratio Rank: 42
COSSX Omega Ratio Rank: 45
COSSX Calmar Ratio Rank: 38
COSSX Martin Ratio Rank: 37

LBSAX

LBSAX Risk / Return Rank: 66
LBSAX Sharpe Ratio Rank: 60
LBSAX Sortino Ratio Rank: 60
LBSAX Omega Ratio Rank: 54
LBSAX Calmar Ratio Rank: 81
LBSAX Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COSSX vs. LBSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Overseas Value Fund Institutional 2 Class (COSSX) and Columbia Dividend Income Fund Class A (LBSAX). 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.

	COSSX	LBSAX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	2.28	-0.29
Sortino ratio: Return per unit of downside risk	2.76	3.26	-0.51
Omega ratio: Gain probability vs. loss probability	1.36	1.41	-0.04
Calmar ratio: Return relative to maximum drawdown	2.31	3.74	-1.43
Martin ratio: Return relative to average drawdown	8.14	14.05	-5.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COSSX vs. LBSAX - Sharpe Ratio Comparison

The current COSSX Sharpe Ratio is 1.99, which is comparable to the LBSAX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of COSSX and LBSAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COSSX	LBSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	2.28	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.79	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.78	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.63	-0.06

Drawdowns

COSSX vs. LBSAX - Drawdown Comparison

The maximum COSSX drawdown since its inception was -43.24%, smaller than the maximum LBSAX drawdown of -47.89%. Use the drawdown chart below to compare losses from any high point for COSSX and LBSAX.

Drawdown Indicators

	COSSX	LBSAX	Difference
Max Drawdown Largest peak-to-trough decline	-43.24%	-47.89%	+4.65%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	-5.52%	-6.26%
Max Drawdown (3Y) Largest decline over 3 years	-13.34%	-13.03%	-0.31%
Max Drawdown (5Y) Largest decline over 5 years	-25.76%	-17.16%	-8.60%
Max Drawdown (10Y) Largest decline over 10 years	-43.24%	-32.82%	-10.42%
Current Drawdown Current decline from peak	-4.54%	-0.31%	-4.23%
Average Drawdown Average peak-to-trough decline	-7.13%	-5.25%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	1.47%	+1.87%

Volatility

COSSX vs. LBSAX - Volatility Comparison

Columbia Overseas Value Fund Institutional 2 Class (COSSX) has a higher volatility of 3.63% compared to Columbia Dividend Income Fund Class A (LBSAX) at 2.47%. This indicates that COSSX's price experiences larger fluctuations and is considered to be riskier than LBSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COSSX	LBSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	2.47%	+1.16%
Volatility (6M) Calculated over the trailing 6-month period	10.92%	6.89%	+4.03%
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	9.08%	+4.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	13.26%	+2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	15.69%	+1.73%

COSSX vs. LBSAX - Expense Ratio Comparison

COSSX has a 0.82% expense ratio, which is lower than LBSAX's 0.90% expense ratio.

Dividends

COSSX vs. LBSAX - Dividend Comparison

COSSX's dividend yield for the trailing twelve months is around 7.48%, more than LBSAX's 4.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COSSX Columbia Overseas Value Fund Institutional 2 Class	7.48%	8.03%	5.51%	4.07%	1.96%	3.70%	1.78%	3.95%	3.72%	1.72%	2.18%	0.00%
LBSAX Columbia Dividend Income Fund Class A	4.77%	5.11%	5.78%	4.72%	3.62%	2.65%	1.52%	2.68%	7.36%	3.83%	3.60%	8.01%

Frequently Asked Questions

Can I hold both COSSX and LBSAX in my portfolio?

COSSX and LBSAX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COSSX or LBSAX?

COSSX has higher volatility (3.63%) compared to LBSAX (2.47%). In terms of maximum drawdown, COSSX dropped -43.24% vs LBSAX's -47.89%.

Which has better risk-adjusted returns?

LBSAX currently has the higher Sharpe Ratio (2.28 vs 1.99), 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.