IEVAX vs. LBSAX

Last updated Jun 6, 2026

IEVAX (Columbia Global Value Fund) and LBSAX (Columbia Dividend Income Fund Class A) are both mutual funds - IEVAX is a Global Equities fund managed by Columbia, while LBSAX is a Large Cap Value Equities fund managed by Columbia. Over the past 10 years, IEVAX returned 10.27%/yr vs 12.24%/yr for LBSAX. Their correlation of 0.93 suggests significant overlap in exposure. IEVAX charges 1.13%/yr vs 0.90%/yr for LBSAX.

Performance

IEVAX vs. LBSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Global Value Fund (IEVAX) and Columbia Dividend Income Fund Class A (LBSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with IEVAX having a 8.89% return and LBSAX slightly lower at 8.67%. Over the past 10 years, IEVAX has underperformed LBSAX with an annualized return of 10.27%, while LBSAX has yielded a comparatively higher 12.24% annualized return.

IEVAX

• 1D: 0.35%
• 1M: 1.33%
• YTD: 8.89%
• 6M: 9.69%
• 1Y: 25.06%
• 3Y*: 17.16%
• 5Y*: 9.27%
• 10Y*: 10.27%

LBSAX

• 1D: 0.72%
• 1M: 1.34%
• YTD: 8.67%
• 6M: 9.11%
• 1Y: 21.49%
• 3Y*: 16.67%
• 5Y*: 10.42%
• 10Y*: 12.24%

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

IEVAX vs. LBSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IEVAX Columbia Global Value Fund	8.89%	21.42%	11.78%	12.00%	-8.52%	20.31%	3.77%	24.55%	-12.22%	21.93%
LBSAX Columbia Dividend Income Fund Class A	8.67%	15.58%	14.73%	10.26%	-5.19%	25.97%	7.48%	27.84%	-4.62%	19.96%

Correlation

The correlation between IEVAX and LBSAX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Nov 25, 2002	0.93

The correlation between IEVAX and LBSAX has been stable across timeframes, ranging from 0.84 to 0.93 - a consistent structural relationship.

Return for Risk

IEVAX vs. LBSAX — Risk / Return Rank

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

IEVAX

IEVAX Risk / Return Rank: 65
IEVAX Sharpe Ratio Rank: 67
IEVAX Sortino Ratio Rank: 69
IEVAX Omega Ratio Rank: 63
IEVAX Calmar Ratio Rank: 58
IEVAX Martin Ratio Rank: 66

LBSAX

LBSAX Risk / Return Rank: 73
LBSAX Sharpe Ratio Rank: 69
LBSAX Sortino Ratio Rank: 69
LBSAX Omega Ratio Rank: 62
LBSAX Calmar Ratio Rank: 85
LBSAX Martin Ratio Rank: 81

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.

IEVAX vs. LBSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Global Value Fund (IEVAX) and Columbia Dividend Income Fund Class A (LBSAX). 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.

	IEVAX	LBSAX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.35	-0.02
Sortino ratio: Return per unit of downside risk	3.36	3.36	0.00
Omega ratio: Gain probability vs. loss probability	1.43	1.42	+0.01
Calmar ratio: Return relative to maximum drawdown	2.84	3.86	-1.02
Martin ratio: Return relative to average drawdown	12.32	14.51	-2.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEVAX vs. LBSAX - Sharpe Ratio Comparison

The current IEVAX Sharpe Ratio is 2.33, which is comparable to the LBSAX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of IEVAX and LBSAX, 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

	IEVAX	LBSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.35	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.79	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.78	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.63	-0.18

Drawdowns

IEVAX vs. LBSAX - Drawdown Comparison

The maximum IEVAX drawdown since its inception was -56.85%, which is greater than LBSAX's maximum drawdown of -47.89%. Use the drawdown chart below to compare losses from any high point for IEVAX and LBSAX.

Drawdown Indicators

	IEVAX	LBSAX	Difference
Max Drawdown Largest peak-to-trough decline	-56.85%	-47.89%	-8.96%
Max Drawdown (1Y) Largest decline over 1 year	-8.80%	-5.52%	-3.28%
Max Drawdown (3Y) Largest decline over 3 years	-14.12%	-13.03%	-1.09%
Max Drawdown (5Y) Largest decline over 5 years	-20.58%	-17.16%	-3.42%
Max Drawdown (10Y) Largest decline over 10 years	-37.88%	-32.82%	-5.06%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.46%	-5.25%	-3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	1.47%	+0.55%

Volatility

IEVAX vs. LBSAX - Volatility Comparison

Columbia Global Value Fund (IEVAX) and Columbia Dividend Income Fund Class A (LBSAX) have volatilities of 2.56% and 2.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEVAX	LBSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	2.45%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	8.49%	6.86%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	10.71%	9.09%	+1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.09%	13.27%	+0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	15.69%	+0.90%

IEVAX vs. LBSAX - Expense Ratio Comparison

IEVAX has a 1.13% expense ratio, which is higher than LBSAX's 0.90% expense ratio.

Dividends

IEVAX vs. LBSAX - Dividend Comparison

IEVAX's dividend yield for the trailing twelve months is around 9.84%, more than LBSAX's 4.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEVAX Columbia Global Value Fund	9.84%	10.06%	10.32%	6.26%	7.61%	11.24%	8.76%	9.16%	6.75%	1.66%	2.28%	4.68%
LBSAX Columbia Dividend Income Fund Class A	4.74%	5.11%	5.78%	4.72%	3.62%	2.65%	1.52%	2.68%	7.36%	3.83%	3.60%	8.01%

Frequently Asked Questions

Can I hold both IEVAX and LBSAX in my portfolio?

IEVAX and LBSAX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEVAX or LBSAX?

IEVAX has higher volatility (2.56%) compared to LBSAX (2.45%). In terms of maximum drawdown, IEVAX dropped -56.85% vs LBSAX's -47.89%.

Which has better risk-adjusted returns?

LBSAX currently has the higher Sharpe Ratio (2.35 vs 2.33), 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.