GIBIX vs. SRBFX

Last updated Jun 3, 2026

GIBIX (Guggenheim Total Return Bond Fund) and SRBFX (Columbia Total Return Bond Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, GIBIX returned 2.85%/yr vs 2.30%/yr for SRBFX. Their correlation of 0.90 suggests significant overlap in exposure. GIBIX charges 0.50%/yr vs 0.49%/yr for SRBFX.

Performance

GIBIX vs. SRBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim Total Return Bond Fund (GIBIX) and Columbia Total Return Bond Fund (SRBFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GIBIX having a 0.59% return and SRBFX slightly higher at 0.60%. Over the past 10 years, GIBIX has outperformed SRBFX with an annualized return of 2.85%, while SRBFX has yielded a comparatively lower 2.30% annualized return.

GIBIX

• 1D: -0.08%
• 1M: 0.09%
• YTD: 0.59%
• 6M: 0.70%
• 1Y: 6.21%
• 3Y*: 5.35%
• 5Y*: 0.56%
• 10Y*: 2.85%

SRBFX

• 1D: -0.07%
• 1M: 0.09%
• YTD: 0.60%
• 6M: 0.66%
• 1Y: 6.06%
• 3Y*: 5.14%
• 5Y*: -0.30%
• 10Y*: 2.30%

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

GIBIX vs. SRBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIBIX Guggenheim Total Return Bond Fund	0.59%	8.22%	3.18%	7.45%	-16.38%	-0.58%	14.94%	4.45%	0.89%	6.50%
SRBFX Columbia Total Return Bond Fund	0.60%	8.91%	1.49%	7.35%	-17.65%	0.23%	12.20%	9.44%	0.38%	3.84%

Correlation

The correlation between GIBIX and SRBFX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012	0.90

The correlation between GIBIX and SRBFX has been stable across timeframes, ranging from 0.90 to 0.98 - a consistent structural relationship.

Return for Risk

GIBIX vs. SRBFX — Risk / Return Rank

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

GIBIX

GIBIX Risk / Return Rank: 29
GIBIX Sharpe Ratio Rank: 26
GIBIX Sortino Ratio Rank: 29
GIBIX Omega Ratio Rank: 25
GIBIX Calmar Ratio Rank: 36
GIBIX Martin Ratio Rank: 30

SRBFX

SRBFX Risk / Return Rank: 23
SRBFX Sharpe Ratio Rank: 20
SRBFX Sortino Ratio Rank: 22
SRBFX Omega Ratio Rank: 19
SRBFX Calmar Ratio Rank: 30
SRBFX Martin Ratio Rank: 24

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.

GIBIX vs. SRBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim Total Return Bond Fund (GIBIX) and Columbia Total Return Bond Fund (SRBFX). 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.

	GIBIX	SRBFX	Difference
Sharpe ratio Return per unit of total volatility	1.50	1.31	+0.19
Sortino ratio Return per unit of downside risk	2.27	1.98	+0.29
Omega ratio Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio Return relative to maximum drawdown	2.30	2.06	+0.24
Martin ratio Return relative to average drawdown	7.25	6.17	+1.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GIBIX vs. SRBFX - Sharpe Ratio Comparison

The current GIBIX Sharpe Ratio is 1.50, which is comparable to the SRBFX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of GIBIX and SRBFX, 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

	GIBIX	SRBFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	1.31	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	-0.05	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.42	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.82	+0.11

Drawdowns

GIBIX vs. SRBFX - Drawdown Comparison

The maximum GIBIX drawdown since its inception was -21.44%, smaller than the maximum SRBFX drawdown of -24.34%. Use the drawdown chart below to compare losses from any high point for GIBIX and SRBFX.

Drawdown Indicators

	GIBIX	SRBFX	Difference
Max Drawdown Largest peak-to-trough decline	-21.44%	-24.34%	+2.90%
Max Drawdown (1Y) Largest decline over 1 year	-2.99%	-3.13%	+0.14%
Max Drawdown (3Y) Largest decline over 3 years	-5.93%	-6.28%	+0.35%
Max Drawdown (5Y) Largest decline over 5 years	-21.44%	-22.97%	+1.53%
Max Drawdown (10Y) Largest decline over 10 years	-21.44%	-22.97%	+1.53%
Current Drawdown Current decline from peak	-1.21%	-3.14%	+1.93%
Average Drawdown Average peak-to-trough decline	-3.42%	-4.55%	+1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	1.04%	-0.09%

Volatility

GIBIX vs. SRBFX - Volatility Comparison

The current volatility for Guggenheim Total Return Bond Fund (GIBIX) is 1.45%, while Columbia Total Return Bond Fund (SRBFX) has a volatility of 1.55%. This indicates that GIBIX experiences smaller price fluctuations and is considered to be less risky than SRBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIBIX	SRBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	1.55%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	2.91%	3.17%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	3.98%	4.46%	-0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.83%	6.63%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.77%	5.45%	-0.68%

GIBIX vs. SRBFX - Expense Ratio Comparison

GIBIX has a 0.50% expense ratio, which is higher than SRBFX's 0.49% expense ratio.

Dividends

GIBIX vs. SRBFX - Dividend Comparison

GIBIX's dividend yield for the trailing twelve months is around 5.09%, more than SRBFX's 4.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIBIX Guggenheim Total Return Bond Fund	5.09%	5.03%	4.71%	4.44%	3.08%	3.36%	4.80%	2.38%	3.25%	3.38%	4.68%	4.39%
SRBFX Columbia Total Return Bond Fund	4.86%	4.86%	4.11%	3.74%	3.72%	3.23%	7.56%	4.59%	2.85%	2.77%	3.93%	3.42%

Frequently Asked Questions

Can I hold both GIBIX and SRBFX in my portfolio?

With a correlation of 0.98, GIBIX and SRBFX 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.

Which is riskier, GIBIX or SRBFX?

SRBFX has higher volatility (1.55%) compared to GIBIX (1.45%). In terms of maximum drawdown, GIBIX dropped -21.44% vs SRBFX's -24.34%.

Which has better risk-adjusted returns?

GIBIX currently has the higher Sharpe Ratio (1.50 vs 1.31), 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.