CSVZX vs. CBALX

Last updated Jun 24, 2026

CSVZX (Columbia Select Large Cap Value Fund Institutional Class) and CBALX (Columbia Balanced Fund) are both mutual funds - CSVZX is a Large Cap Value Equities fund actively managed by Columbia, while CBALX is a Diversified Portfolio fund managed by Columbia. Over the past 10 years, CSVZX returned 13.45%/yr vs 10.22%/yr for CBALX. Their correlation of 0.83 suggests significant overlap in exposure. CSVZX charges 0.60%/yr vs 0.67%/yr for CBALX.

Performance

CSVZX vs. CBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Large Cap Value Fund Institutional Class (CSVZX) and Columbia Balanced Fund (CBALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSVZX achieves a 13.56% return, which is significantly higher than CBALX's 5.48% return. Over the past 10 years, CSVZX has outperformed CBALX with an annualized return of 13.45%, while CBALX has yielded a comparatively lower 10.22% annualized return.

CSVZX

• 1D: 0.00%
• 1M: 2.20%
• YTD: 13.56%
• 6M: 13.03%
• 1Y: 36.42%
• 3Y*: 19.82%
• 5Y*: 13.08%
• 10Y*: 13.45%

CBALX

• 1D: -0.52%
• 1M: 0.72%
• YTD: 5.48%
• 6M: 5.08%
• 1Y: 16.33%
• 3Y*: 14.46%
• 5Y*: 8.06%
• 10Y*: 10.22%

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

CSVZX vs. CBALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSVZX Columbia Select Large Cap Value Fund Institutional Class	13.56%	27.92%	12.82%	5.78%	-0.84%	26.61%	6.43%	26.89%	-12.12%	19.05%
CBALX Columbia Balanced Fund	5.48%	14.14%	14.60%	21.49%	-16.63%	14.92%	17.91%	23.05%	-5.75%	14.29%

Correlation

The correlation between CSVZX and CBALX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.83

The correlation between CSVZX and CBALX shifts across timeframes, from 0.70 (3 years) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CSVZX vs. CBALX — Risk / Return Rank

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

CSVZX

CSVZX Risk / Return Rank: 90
CSVZX Sharpe Ratio Rank: 95
CSVZX Sortino Ratio Rank: 92
CSVZX Omega Ratio Rank: 85
CSVZX Calmar Ratio Rank: 88
CSVZX Martin Ratio Rank: 90

CBALX

CBALX Risk / Return Rank: 51
CBALX Sharpe Ratio Rank: 51
CBALX Sortino Ratio Rank: 50
CBALX Omega Ratio Rank: 50
CBALX Calmar Ratio Rank: 50
CBALX Martin Ratio Rank: 57

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.

CSVZX vs. CBALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Large Cap Value Fund Institutional Class (CSVZX) and Columbia Balanced Fund (CBALX). 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.

	CSVZX	CBALX	Difference
Sharpe ratio: Return per unit of total volatility	3.06	1.94	+1.12
Sortino ratio: Return per unit of downside risk	4.24	2.73	+1.51
Omega ratio: Gain probability vs. loss probability	1.53	1.36	+0.18
Calmar ratio: Return relative to maximum drawdown	4.15	2.58	+1.57
Martin ratio: Return relative to average drawdown	16.96	10.75	+6.21

CSVZX vs. CBALX - Sharpe Ratio Comparison

The current CSVZX Sharpe Ratio is 3.06, which is higher than the CBALX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of CSVZX and CBALX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSVZX vs. CBALX - Drawdown Comparison

The maximum CSVZX drawdown since its inception was -41.46%, which is greater than CBALX's maximum drawdown of -34.53%. Use the drawdown chart below to compare losses from any high point for CSVZX and CBALX.

Drawdown Indicators

	CSVZX	CBALX	Difference
Max Drawdown Largest peak-to-trough decline	-41.46%	-34.53%	-6.93%
Max Drawdown (1Y) Largest decline over 1 year	-9.00%	-6.63%	-2.37%
Max Drawdown (3Y) Largest decline over 3 years	-14.76%	-12.06%	-2.70%
Max Drawdown (5Y) Largest decline over 5 years	-18.36%	-20.91%	+2.55%
Max Drawdown (10Y) Largest decline over 10 years	-41.46%	-22.73%	-18.73%
Current Drawdown Current decline from peak	-1.34%	-1.26%	-0.08%
Average Drawdown Average peak-to-trough decline	-4.74%	-5.30%	+0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.59%	+0.61%

Volatility

CSVZX vs. CBALX - Volatility Comparison

Columbia Select Large Cap Value Fund Institutional Class (CSVZX) has a higher volatility of 4.15% compared to Columbia Balanced Fund (CBALX) at 3.69%. This indicates that CSVZX's price experiences larger fluctuations and is considered to be riskier than CBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSVZX	CBALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	3.69%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	9.30%	7.10%	+2.20%
Volatility (1Y) Calculated over the trailing 1-year period	12.20%	8.81%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.93%	11.17%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	11.39%	+7.32%

CSVZX vs. CBALX - Expense Ratio Comparison

CSVZX has a 0.60% expense ratio, which is lower than CBALX's 0.67% expense ratio.

Dividends

CSVZX vs. CBALX - Dividend Comparison

CSVZX's dividend yield for the trailing twelve months is around 7.32%, more than CBALX's 6.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CBALX Columbia Balanced Fund	6.22%	6.42%	7.83%	1.84%	5.36%	9.26%	5.31%	4.16%	5.82%	2.79%	1.60%	4.05%
CSVZX Columbia Select Large Cap Value Fund Institutional Class	7.32%	8.31%	3.54%	3.67%	1.56%	5.89%	7.41%	6.92%	4.95%	3.73%	6.95%	4.61%

Frequently Asked Questions

Can I hold both CSVZX and CBALX in my portfolio?

CSVZX and CBALX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSVZX or CBALX?

CSVZX has higher volatility (4.15%) compared to CBALX (3.69%). In terms of maximum drawdown, CSVZX dropped -41.46% vs CBALX's -34.53%.

Which has better risk-adjusted returns?

CSVZX currently has the higher Sharpe Ratio (3.06 vs 1.94), 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.