LSVQX vs. UMBMX

Last updated Jun 4, 2026

LSVQX (LSV Small Cap Value Fund) and UMBMX (Carillon Scout Mid Cap Fund) are both mutual funds - LSVQX is a Small Cap Value Equities fund managed by LSV, while UMBMX is a Mid Cap Blend Equities fund managed by Carillon Family of Funds. Over the past 10 years, LSVQX returned 8.88%/yr vs 12.87%/yr for UMBMX. Their correlation of 0.86 suggests significant overlap in exposure. LSVQX charges 0.83%/yr vs 0.95%/yr for UMBMX.

Performance

LSVQX vs. UMBMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV Small Cap Value Fund (LSVQX) and Carillon Scout Mid Cap Fund (UMBMX). 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 LSVQX having a 13.77% return and UMBMX slightly lower at 13.58%. Over the past 10 years, LSVQX has underperformed UMBMX with an annualized return of 8.88%, while UMBMX has yielded a comparatively higher 12.87% annualized return.

LSVQX

• 1D: 0.86%
• 1M: 3.25%
• YTD: 13.77%
• 6M: 13.52%
• 1Y: 27.94%
• 3Y*: 15.06%
• 5Y*: 7.70%
• 10Y*: 8.88%

UMBMX

• 1D: 1.25%
• 1M: 2.03%
• YTD: 13.58%
• 6M: 13.25%
• 1Y: 26.23%
• 3Y*: 21.04%
• 5Y*: 9.20%
• 10Y*: 12.87%

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

LSVQX vs. UMBMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSVQX LSV Small Cap Value Fund	13.77%	7.31%	4.23%	19.02%	-6.24%	34.54%	-5.98%	20.59%	-17.41%	6.12%
UMBMX Carillon Scout Mid Cap Fund	13.58%	15.46%	22.93%	12.73%	-17.31%	15.69%	27.28%	20.76%	-9.83%	24.04%

Correlation

The correlation between LSVQX and UMBMX 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 (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 4, 2013	0.86

The correlation between LSVQX and UMBMX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

Return for Risk

LSVQX vs. UMBMX — Risk / Return Rank

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

LSVQX

LSVQX Risk / Return Rank: 51
LSVQX Sharpe Ratio Rank: 42
LSVQX Sortino Ratio Rank: 44
LSVQX Omega Ratio Rank: 39
LSVQX Calmar Ratio Rank: 77
LSVQX Martin Ratio Rank: 51

UMBMX

UMBMX Risk / Return Rank: 49
UMBMX Sharpe Ratio Rank: 43
UMBMX Sortino Ratio Rank: 42
UMBMX Omega Ratio Rank: 39
UMBMX Calmar Ratio Rank: 60
UMBMX Martin Ratio Rank: 59

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.

LSVQX vs. UMBMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Small Cap Value Fund (LSVQX) and Carillon Scout Mid Cap Fund (UMBMX). 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.

	LSVQX	UMBMX	Difference
Sharpe ratio Return per unit of total volatility	1.90	1.90	0.00
Sortino ratio Return per unit of downside risk	2.80	2.72	+0.08
Omega ratio Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio Return relative to maximum drawdown	3.50	2.98	+0.52
Martin ratio Return relative to average drawdown	10.35	11.78	-1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSVQX vs. UMBMX - Sharpe Ratio Comparison

The current LSVQX Sharpe Ratio is 1.90, which is comparable to the UMBMX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of LSVQX and UMBMX, 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

	LSVQX	UMBMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	1.90	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.52	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.68	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.58	-0.18

Drawdowns

LSVQX vs. UMBMX - Drawdown Comparison

The maximum LSVQX drawdown since its inception was -54.77%, which is greater than UMBMX's maximum drawdown of -49.91%. Use the drawdown chart below to compare losses from any high point for LSVQX and UMBMX.

Drawdown Indicators

	LSVQX	UMBMX	Difference
Max Drawdown Largest peak-to-trough decline	-54.77%	-49.91%	-4.86%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-9.19%	+0.71%
Max Drawdown (3Y) Largest decline over 3 years	-25.76%	-19.41%	-6.35%
Max Drawdown (5Y) Largest decline over 5 years	-25.76%	-26.30%	+0.54%
Max Drawdown (10Y) Largest decline over 10 years	-54.77%	-36.91%	-17.86%
Current Drawdown Current decline from peak	0.00%	-0.25%	+0.25%
Average Drawdown Average peak-to-trough decline	-7.45%	-7.11%	-0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	2.32%	+0.54%

Volatility

LSVQX vs. UMBMX - Volatility Comparison

LSV Small Cap Value Fund (LSVQX) and Carillon Scout Mid Cap Fund (UMBMX) have volatilities of 4.26% and 4.31%, 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

	LSVQX	UMBMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	4.31%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	10.40%	11.28%	-0.88%
Volatility (1Y) Calculated over the trailing 1-year period	15.61%	14.37%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.36%	17.73%	+2.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.30%	19.11%	+5.19%

LSVQX vs. UMBMX - Expense Ratio Comparison

LSVQX has a 0.83% expense ratio, which is lower than UMBMX's 0.95% expense ratio.

Dividends

LSVQX vs. UMBMX - Dividend Comparison

LSVQX's dividend yield for the trailing twelve months is around 7.14%, less than UMBMX's 9.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSVQX LSV Small Cap Value Fund	7.14%	8.13%	1.78%	4.73%	2.02%	1.45%	1.83%	2.04%	7.00%	4.78%	2.35%	3.59%
UMBMX Carillon Scout Mid Cap Fund	9.06%	10.29%	15.75%	0.17%	4.21%	11.54%	2.40%	0.74%	8.09%	8.38%	2.39%	8.74%

Frequently Asked Questions

Can I hold both LSVQX and UMBMX in my portfolio?

LSVQX and UMBMX 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.

Which is riskier, LSVQX or UMBMX?

UMBMX has higher volatility (4.31%) compared to LSVQX (4.26%). In terms of maximum drawdown, LSVQX dropped -54.77% vs UMBMX's -49.91%.

Which has better risk-adjusted returns?

UMBMX currently has the higher Sharpe Ratio (1.90 vs 1.90), 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.