LBSAX vs. CCSZX

Last updated Jun 4, 2026

LBSAX (Columbia Dividend Income Fund Class A) and CCSZX (Columbia Commodity Strategy Fund) are both mutual funds - LBSAX is a Large Cap Value Equities fund managed by Columbia, while CCSZX is a Commodities fund managed by Columbia. Over the past 10 years, LBSAX returned 12.20%/yr vs 7.81%/yr for CCSZX. At a 0.22 correlation, their price movements are largely independent. LBSAX charges 0.90%/yr vs 0.86%/yr for CCSZX.

Performance

LBSAX vs. CCSZX - Performance Comparison

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

Returns By Period

In the year-to-date period, LBSAX achieves a 7.98% return, which is significantly lower than CCSZX's 29.96% return. Over the past 10 years, LBSAX has outperformed CCSZX with an annualized return of 12.20%, while CCSZX has yielded a comparatively lower 7.81% annualized return.

LBSAX

• 1D: 0.93%
• 1M: 1.43%
• YTD: 7.98%
• 6M: 8.29%
• 1Y: 20.04%
• 3Y*: 16.29%
• 5Y*: 10.41%
• 10Y*: 12.20%

CCSZX

• 1D: 0.31%
• 1M: -1.83%
• YTD: 29.96%
• 6M: 29.38%
• 1Y: 42.95%
• 3Y*: 18.18%
• 5Y*: 13.19%
• 10Y*: 7.81%

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

LBSAX vs. CCSZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBSAX Columbia Dividend Income Fund Class A	7.98%	15.58%	14.73%	10.26%	-5.19%	25.97%	7.48%	27.84%	-4.62%	19.96%
CCSZX Columbia Commodity Strategy Fund	29.96%	15.36%	7.11%	-6.90%	15.80%	31.34%	-1.17%	7.45%	-14.09%	1.71%

Correlation

The correlation between LBSAX and CCSZX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jun 19, 2012	0.22

Over the past year, the correlation between LBSAX and CCSZX has dropped to 0.01 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.

Return for Risk

LBSAX vs. CCSZX — Risk / Return Rank

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

LBSAX

LBSAX Risk / Return Rank: 66
LBSAX Sharpe Ratio Rank: 60
LBSAX Sortino Ratio Rank: 60
LBSAX Omega Ratio Rank: 54
LBSAX Calmar Ratio Rank: 81
LBSAX Martin Ratio Rank: 74

CCSZX

CCSZX Risk / Return Rank: 79
CCSZX Sharpe Ratio Rank: 81
CCSZX Sortino Ratio Rank: 60
CCSZX Omega Ratio Rank: 70
CCSZX Calmar Ratio Rank: 96
CCSZX Martin Ratio Rank: 89

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.

LBSAX vs. CCSZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Class A (LBSAX) and Columbia Commodity Strategy Fund (CCSZX). 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.

	LBSAX	CCSZX	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.64	-0.37
Sortino ratio: Return per unit of downside risk	3.26	3.26	0.00
Omega ratio: Gain probability vs. loss probability	1.41	1.47	-0.07
Calmar ratio: Return relative to maximum drawdown	3.74	6.38	-2.64
Martin ratio: Return relative to average drawdown	14.05	17.57	-3.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LBSAX vs. CCSZX - Sharpe Ratio Comparison

The current LBSAX Sharpe Ratio is 2.28, which is comparable to the CCSZX Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of LBSAX and CCSZX, 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

	LBSAX	CCSZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.64	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.78	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.52	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.16	+0.47

Drawdowns

LBSAX vs. CCSZX - Drawdown Comparison

The maximum LBSAX drawdown since its inception was -47.89%, smaller than the maximum CCSZX drawdown of -61.34%. Use the drawdown chart below to compare losses from any high point for LBSAX and CCSZX.

Drawdown Indicators

	LBSAX	CCSZX	Difference
Max Drawdown Largest peak-to-trough decline	-47.89%	-61.34%	+13.45%
Max Drawdown (1Y) Largest decline over 1 year	-5.52%	-6.83%	+1.31%
Max Drawdown (3Y) Largest decline over 3 years	-13.03%	-11.17%	-1.86%
Max Drawdown (5Y) Largest decline over 5 years	-17.16%	-27.86%	+10.70%
Max Drawdown (10Y) Largest decline over 10 years	-32.82%	-34.16%	+1.34%
Current Drawdown Current decline from peak	-0.31%	-3.31%	+3.00%
Average Drawdown Average peak-to-trough decline	-5.25%	-31.36%	+26.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	2.48%	-1.01%

Volatility

LBSAX vs. CCSZX - Volatility Comparison

The current volatility for Columbia Dividend Income Fund Class A (LBSAX) is 2.47%, while Columbia Commodity Strategy Fund (CCSZX) has a volatility of 5.55%. This indicates that LBSAX experiences smaller price fluctuations and is considered to be less risky than CCSZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBSAX	CCSZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	5.55%	-3.08%
Volatility (6M) Calculated over the trailing 6-month period	6.89%	14.46%	-7.57%
Volatility (1Y) Calculated over the trailing 1-year period	9.08%	16.61%	-7.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	16.97%	-3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	14.93%	+0.76%

LBSAX vs. CCSZX - Expense Ratio Comparison

LBSAX has a 0.90% expense ratio, which is higher than CCSZX's 0.86% expense ratio.

Dividends

LBSAX vs. CCSZX - Dividend Comparison

LBSAX's dividend yield for the trailing twelve months is around 4.77%, more than CCSZX's 2.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCSZX Columbia Commodity Strategy Fund	2.31%	3.00%	8.84%	4.42%	94.73%	36.39%	0.13%	1.09%	18.52%	0.09%	0.00%	0.00%
LBSAX Columbia Dividend Income Fund Class A	4.77%	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 LBSAX and CCSZX in my portfolio?

LBSAX and CCSZX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LBSAX or CCSZX?

CCSZX has higher volatility (5.55%) compared to LBSAX (2.47%). In terms of maximum drawdown, LBSAX dropped -47.89% vs CCSZX's -61.34%.

Which has better risk-adjusted returns?

CCSZX currently has the higher Sharpe Ratio (2.64 vs 2.28), 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.