GSXIX vs. UMBHX

Last updated Jun 25, 2026

GSXIX (abrdn U.S. Small Cap Equity Fund) and UMBHX (Carillon Scout Small Cap Fund) are both Small Cap Growth Equities funds. Their correlation of 0.82 suggests significant overlap in exposure. GSXIX charges 1.11%/yr vs 0.90%/yr for UMBHX.

Performance

GSXIX vs. UMBHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn U.S. Small Cap Equity Fund (GSXIX) and Carillon Scout Small Cap Fund (UMBHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSXIX

• 1D: -0.94%
• 1M: 6.82%
• YTD: 23.37%
• 6M: 18.39%
• 1Y: 30.55%
• 3Y*: 18.16%
• 5Y*: 13.49%
• 10Y*: 14.68%

UMBHX

• 1D: -2.70%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSXIX vs. UMBHX - Yearly Performance Comparison

	2026 (YTD)
GSXIX abrdn U.S. Small Cap Equity Fund	5.18%
UMBHX Carillon Scout Small Cap Fund	3.57%

Correlation

The correlation between GSXIX and UMBHX is 0.82, 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	0.82

Return for Risk

GSXIX vs. UMBHX — Risk / Return Rank

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

GSXIX

GSXIX Risk / Return Rank: 57
GSXIX Sharpe Ratio Rank: 48
GSXIX Sortino Ratio Rank: 50
GSXIX Omega Ratio Rank: 41
GSXIX Calmar Ratio Rank: 78
GSXIX Martin Ratio Rank: 68

UMBHX

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.

GSXIX vs. UMBHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn U.S. Small Cap Equity Fund (GSXIX) and Carillon Scout Small Cap Fund (UMBHX). 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.

	GSXIX	UMBHX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.52	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	3.15	—	—
Martin ratio: Return relative to average drawdown	11.47	—	—

Drawdowns

GSXIX vs. UMBHX - Drawdown Comparison

The maximum GSXIX drawdown since its inception was -35.39%, which is greater than UMBHX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for GSXIX and UMBHX.

Drawdown Indicators

	GSXIX	UMBHX	Difference
Max Drawdown Largest peak-to-trough decline	-35.39%	-5.16%	-30.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.39%	—	—
Current Drawdown Current decline from peak	-0.94%	-2.70%	+1.76%
Average Drawdown Average peak-to-trough decline	-7.11%	-1.38%	-5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	—	—

Volatility

Volatility by Period

	GSXIX	UMBHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.39%	34.33%	-15.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.74%	34.33%	-8.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	34.33%	-10.62%

GSXIX vs. UMBHX - Expense Ratio Comparison

GSXIX has a 1.11% expense ratio, which is higher than UMBHX's 0.90% expense ratio.

Dividends

GSXIX vs. UMBHX - Dividend Comparison

Neither GSXIX nor UMBHX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GSXIX abrdn U.S. Small Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	5.42%	44.27%	6.63%	7.30%	13.20%
UMBHX Carillon Scout Small Cap Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSXIX and UMBHX in my portfolio?

GSXIX and UMBHX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.