ECON vs. ANDE

Last updated Jun 4, 2026

ECON (Columbia Emerging Markets Consumer ETF) is Emerging Markets Equities fund tracking the Dow Jones Emerging Markets Consumer Titans Index, while ANDE (The Andersons, Inc.) is a stock. Over the past 10 years, ECON returned 6.10%/yr vs 9.50%/yr for ANDE. At a 0.34 correlation, their price movements are largely independent.

Performance

ECON vs. ANDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Emerging Markets Consumer ETF (ECON) and The Andersons, Inc. (ANDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECON achieves a 35.02% return, which is significantly lower than ANDE's 38.03% return. Over the past 10 years, ECON has underperformed ANDE with an annualized return of 6.10%, while ANDE has yielded a comparatively higher 9.50% annualized return.

ECON

• 1D: -1.24%
• 1M: 13.52%
• YTD: 35.02%
• 6M: 38.26%
• 1Y: 65.21%
• 3Y*: 23.87%
• 5Y*: 7.11%
• 10Y*: 6.10%

ANDE

• 1D: 0.16%
• 1M: -8.20%
• YTD: 38.03%
• 6M: 41.11%
• 1Y: 109.98%
• 3Y*: 22.78%
• 5Y*: 18.94%
• 10Y*: 9.50%

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

ECON vs. ANDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ECON Columbia Emerging Markets Consumer ETF	35.02%	34.15%	0.22%	7.51%	-16.00%	-14.11%	20.83%	17.22%	-26.87%	27.46%
ANDE The Andersons, Inc.	38.03%	33.82%	-28.80%	67.00%	-7.77%	61.48%	0.81%	-13.20%	-2.10%	-29.00%

Correlation

The correlation between ECON and ANDE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Sep 15, 2010	0.34

The correlation between ECON and ANDE shifts across timeframes, from 0.17 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ECON vs. ANDE — Risk / Return Rank

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

ECON

ECON Risk / Return Rank: 88
ECON Sharpe Ratio Rank: 91
ECON Sortino Ratio Rank: 89
ECON Omega Ratio Rank: 90
ECON Calmar Ratio Rank: 86
ECON Martin Ratio Rank: 86

ANDE

ANDE Risk / Return Rank: 95
ANDE Sharpe Ratio Rank: 95
ANDE Sortino Ratio Rank: 92
ANDE Omega Ratio Rank: 93
ANDE Calmar Ratio Rank: 96
ANDE Martin Ratio Rank: 97

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.

ECON vs. ANDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and The Andersons, Inc. (ANDE). 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.

	ECON	ANDE	Difference
Sharpe ratio Return per unit of total volatility	3.22	3.29	-0.07
Sortino ratio Return per unit of downside risk	4.16	3.63	+0.53
Omega ratio Gain probability vs. loss probability	1.58	1.52	+0.05
Calmar ratio Return relative to maximum drawdown	4.76	7.85	-3.09
Martin ratio Return relative to average drawdown	17.83	24.89	-7.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECON vs. ANDE - Sharpe Ratio Comparison

The current ECON Sharpe Ratio is 3.22, which is comparable to the ANDE Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of ECON and ANDE, 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

	ECON	ANDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.22	3.29	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.49	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.23	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.25	-0.01

Drawdowns

ECON vs. ANDE - Drawdown Comparison

The maximum ECON drawdown since its inception was -45.37%, smaller than the maximum ANDE drawdown of -81.75%. Use the drawdown chart below to compare losses from any high point for ECON and ANDE.

Drawdown Indicators

	ECON	ANDE	Difference
Max Drawdown Largest peak-to-trough decline	-45.37%	-81.75%	+36.38%
Max Drawdown (1Y) Largest decline over 1 year	-13.76%	-14.09%	+0.33%
Max Drawdown (3Y) Largest decline over 3 years	-16.37%	-46.94%	+30.57%
Max Drawdown (5Y) Largest decline over 5 years	-38.08%	-48.82%	+10.74%
Max Drawdown (10Y) Largest decline over 10 years	-45.37%	-72.72%	+27.35%
Current Drawdown Current decline from peak	-1.24%	-8.20%	+6.96%
Average Drawdown Average peak-to-trough decline	-16.65%	-32.33%	+15.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.67%	4.45%	-0.78%

Volatility

ECON vs. ANDE - Volatility Comparison

The current volatility for Columbia Emerging Markets Consumer ETF (ECON) is 9.10%, while The Andersons, Inc. (ANDE) has a volatility of 16.55%. This indicates that ECON experiences smaller price fluctuations and is considered to be less risky than ANDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECON	ANDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.10%	16.55%	-7.45%
Volatility (6M) Calculated over the trailing 6-month period	17.65%	25.25%	-7.60%
Volatility (1Y) Calculated over the trailing 1-year period	20.38%	33.68%	-13.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.28%	38.88%	-18.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	41.52%	-20.49%

Dividends

ECON vs. ANDE - Dividend Comparison

ECON's dividend yield for the trailing twelve months is around 1.31%, more than ANDE's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANDE The Andersons, Inc.	1.08%	1.47%	1.41%	1.29%	2.07%	1.82%	2.86%	2.71%	2.22%	2.07%	1.40%	1.82%
ECON Columbia Emerging Markets Consumer ETF	1.31%	1.77%	0.76%	1.57%	2.06%	1.08%	0.63%	1.68%	0.98%	0.35%	0.74%	1.10%

Frequently Asked Questions

Can I hold both ECON and ANDE in my portfolio?

ECON and ANDE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ECON or ANDE?

ANDE has higher volatility (16.55%) compared to ECON (9.10%). In terms of maximum drawdown, ECON dropped -45.37% vs ANDE's -81.75%.

Which has better risk-adjusted returns?

ANDE currently has the higher Sharpe Ratio (3.29 vs 3.22), 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.