IEVAX vs. VTWAX

Last updated Aug 1, 2026

IEVAX (Columbia Global Value Fund) and VTWAX (Vanguard Total World Stock Index Fund Admiral Shares) are both Global Equities funds. Over the past 5 years, IEVAX returned 10.22%/yr vs 10.50%/yr for VTWAX. Their correlation of 0.90 means they have usually moved in the same direction. IEVAX charges 1.13%/yr vs 0.09%/yr for VTWAX.

Performance

IEVAX vs. VTWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Global Value Fund (IEVAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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 11.01% return and VTWAX slightly lower at 10.81%.

IEVAX

• 1D: 2.37%
• 1M: 1.21%
• 6M: 6.87%
• YTD: 11.01%
• 1Y: 20.23%
• 3Y*: 15.80%
• 5Y*: 10.22%
• 10Y*: 10.54%
• ALL TIME*: 8.33%

VTWAX

• 1D: 2.04%
• 1M: -0.42%
• 6M: 7.48%
• YTD: 10.81%
• 1Y: 23.20%
• 3Y*: 17.83%
• 5Y*: 10.50%
• 10Y*: —
• ALL TIME*: 13.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IEVAX Columbia Global Value Fund	$0.00	$0.00	$0.00
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	$0.00	$0.00	$0.00

IEVAX vs. VTWAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IEVAX Columbia Global Value Fund	11.01%	21.42%	11.78%	12.00%	-8.52%	20.31%	3.77%	14.86%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	10.81%	22.43%	16.43%	21.85%	-18.02%	18.17%	16.67%	17.53%

Correlation

The correlation between IEVAX and VTWAX is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019	0.90

The correlation between IEVAX and VTWAX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

IEVAX vs. VTWAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IEVAX

IEVAX Risk / Return Rank: 72
IEVAX Sharpe Ratio Rank: 73
IEVAX Sortino Ratio Rank: 74
IEVAX Omega Ratio Rank: 71
IEVAX Calmar Ratio Rank: 66
IEVAX Martin Ratio Rank: 77

VTWAX

VTWAX Risk / Return Rank: 70
VTWAX Sharpe Ratio Rank: 69
VTWAX Sortino Ratio Rank: 65
VTWAX Omega Ratio Rank: 66
VTWAX Calmar Ratio Rank: 70
VTWAX Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IEVAX vs. VTWAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Global Value Fund (IEVAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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.

	IEVAX	VTWAX	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.55	+0.20
Sortino ratio: Return per unit of downside risk	2.58	2.18	+0.40
Omega ratio: Gain probability vs. loss probability	1.32	1.28	+0.04
Calmar ratio: Return relative to maximum drawdown	2.26	2.20	+0.06
Martin ratio: Return relative to average drawdown	9.74	9.18	+0.55

IEVAX vs. VTWAX - Sharpe Ratio Comparison

The current IEVAX Sharpe Ratio is 1.75, which is comparable to the VTWAX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of IEVAX and VTWAX, 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

IEVAX vs. VTWAX - Drawdown Comparison

The maximum IEVAX drawdown since its inception was -56.85%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for IEVAX and VTWAX.

Drawdown Indicators

	IEVAX	VTWAX	Difference
Max Drawdown Largest peak-to-trough decline	-56.85%	-34.20%	-22.65%
Max Drawdown (1Y) Largest decline over 1 year	-8.80%	-9.64%	+0.84%
Max Drawdown (3Y) Largest decline over 3 years	-14.12%	-16.43%	+2.31%
Max Drawdown (5Y) Largest decline over 5 years	-20.58%	-26.40%	+5.82%
Max Drawdown (10Y) Largest decline over 10 years	-37.88%	—	—
Current Drawdown Current decline from peak	0.00%	-2.07%	+2.07%
Average Drawdown Average peak-to-trough decline	-8.42%	-5.23%	-3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	2.30%	-0.26%

Volatility

IEVAX vs. VTWAX - Volatility Comparison

Columbia Global Value Fund (IEVAX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) have volatilities of 3.83% and 4.00%, 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	VTWAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	4.00%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	11.36%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	11.37%	13.65%	-2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.11%	15.89%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.45%	18.17%	-1.72%

IEVAX vs. VTWAX - Expense Ratio Comparison

IEVAX has a 1.13% expense ratio, which is higher than VTWAX's 0.09% expense ratio.

Dividends

IEVAX vs. VTWAX - Dividend Comparison

IEVAX's dividend yield for the trailing twelve months is around 12.01%, more than VTWAX's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEVAX Columbia Global Value Fund	12.01%	10.06%	10.32%	6.26%	7.61%	11.24%	8.76%	9.16%	6.75%	1.66%	2.28%	4.68%
VTWAX Vanguard Total World Stock Index Fund Admiral Shares	1.57%	1.80%	1.92%	2.06%	2.17%	1.79%	1.64%	2.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IEVAX and VTWAX in my portfolio?

IEVAX and VTWAX have a correlation of 0.86, 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 VTWAX?

VTWAX has higher volatility (4.00%) compared to IEVAX (3.83%). In terms of maximum drawdown, IEVAX dropped -56.85% vs VTWAX's -34.20%.

Which has better risk-adjusted returns?

IEVAX currently has the higher Sharpe Ratio (1.75 vs 1.55), 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.