CRBVX vs. SMTRX

Last updated Jul 18, 2026

CRBVX (Catholic Responsible Investments Bond Fund) and SMTRX (ALPS/Smith Total Return Bond Fund) are both Intermediate Core-Plus Bond funds. Their correlation of 0.90 suggests significant overlap in exposure. CRBVX charges 0.51%/yr vs 0.99%/yr for SMTRX.

Performance

CRBVX vs. SMTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catholic Responsible Investments Bond Fund (CRBVX) and ALPS/Smith Total Return Bond Fund (SMTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRBVX

• 1D: 0.00%
• 1M: -0.22%
• 6M: 0.31%
• YTD: 0.43%
• 1Y: 4.33%
• 3Y*: 3.97%
• 5Y*: —
• 10Y*: —

SMTRX

• 1D: 0.00%
• 1M: -0.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRBVX vs. SMTRX - Yearly Performance Comparison

	2026 (YTD)
CRBVX Catholic Responsible Investments Bond Fund	0.12%
SMTRX ALPS/Smith Total Return Bond Fund	-0.28%

Correlation

The correlation between CRBVX and SMTRX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.90

Return for Risk

CRBVX vs. SMTRX — Risk / Return Rank

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

CRBVX

CRBVX Risk / Return Rank: 30
CRBVX Sharpe Ratio Rank: 30
CRBVX Sortino Ratio Rank: 33
CRBVX Omega Ratio Rank: 29
CRBVX Calmar Ratio Rank: 31
CRBVX Martin Ratio Rank: 24

SMTRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CRBVX vs. SMTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments Bond Fund (CRBVX) and ALPS/Smith Total Return Bond Fund (SMTRX). 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.

	CRBVX	SMTRX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	—	—
Sortino ratio: Return per unit of downside risk	1.92	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.72	—	—
Martin ratio: Return relative to average drawdown	4.63	—	—

Drawdowns

CRBVX vs. SMTRX - Drawdown Comparison

The maximum CRBVX drawdown since its inception was -15.00%, which is greater than SMTRX's maximum drawdown of -1.34%. Use the drawdown chart below to compare losses from any high point for CRBVX and SMTRX.

Drawdown Indicators

	CRBVX	SMTRX	Difference
Max Drawdown Largest peak-to-trough decline	-15.00%	-1.34%	-13.66%
Max Drawdown (1Y) Largest decline over 1 year	-2.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.30%	—	—
Current Drawdown Current decline from peak	-1.38%	-1.03%	-0.35%
Average Drawdown Average peak-to-trough decline	-5.50%	-0.41%	-5.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	—	—

Volatility

Volatility by Period

	CRBVX	SMTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.49%	3.75%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.00%	3.75%	+2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.00%	3.75%	+2.25%

CRBVX vs. SMTRX - Expense Ratio Comparison

CRBVX has a 0.51% expense ratio, which is lower than SMTRX's 0.99% expense ratio.

Dividends

CRBVX vs. SMTRX - Dividend Comparison

CRBVX's dividend yield for the trailing twelve months is around 4.30%, more than SMTRX's 0.72% yield.

Position	TTM	2025	2024	2023	2022
CRBVX Catholic Responsible Investments Bond Fund	4.30%	4.25%	4.21%	3.93%	2.73%
SMTRX ALPS/Smith Total Return Bond Fund	0.72%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRBVX and SMTRX in my portfolio?

With a correlation of 0.90, CRBVX and SMTRX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.