NCBIX vs. CSTAX
NCBIX (New Covenant Balanced Income Fund) and CSTAX (American Funds College 2027 Fund) are both Diversified Portfolio funds. Over the past 10 years, NCBIX returned 5.86%/yr vs 5.12%/yr for CSTAX. Their correlation of 0.88 suggests significant overlap in exposure. NCBIX charges 0.15%/yr vs 0.41%/yr for CSTAX.
Performance
NCBIX vs. CSTAX - Performance Comparison
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Returns By Period
In the year-to-date period, NCBIX achieves a 3.40% return, which is significantly higher than CSTAX's 1.22% return. Over the past 10 years, NCBIX has outperformed CSTAX with an annualized return of 5.86%, while CSTAX has yielded a comparatively lower 5.12% annualized return.
NCBIX
- 1D
- -0.21%
- 1M
- 0.34%
- YTD
- 3.40%
- 6M
- 3.09%
- 1Y
- 10.88%
- 3Y*
- 9.43%
- 5Y*
- 4.20%
- 10Y*
- 5.86%
CSTAX
- 1D
- -0.16%
- 1M
- 0.24%
- YTD
- 1.22%
- 6M
- 1.30%
- 1Y
- 5.87%
- 3Y*
- 6.81%
- 5Y*
- 2.86%
- 10Y*
- 5.12%
NCBIX vs. CSTAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NCBIX New Covenant Balanced Income Fund | 3.40% | 10.38% | 8.77% | 11.71% | -13.79% | 6.85% | 11.65% | 14.60% | -2.01% | 8.69% |
CSTAX American Funds College 2027 Fund | 1.22% | 9.00% | 5.57% | 6.57% | -9.87% | 6.52% | 7.66% | 13.35% | -2.23% | 11.77% |
Correlation
The correlation between NCBIX and CSTAX 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 | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.88 |
The correlation between NCBIX and CSTAX has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.
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Return for Risk
NCBIX vs. CSTAX — Risk / Return Rank
NCBIX
CSTAX
NCBIX vs. CSTAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Covenant Balanced Income Fund (NCBIX) and American Funds College 2027 Fund (CSTAX). 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.
| NCBIX | CSTAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.39 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 2.29 | +0.53 |
| Martin ratioReturn relative to average drawdown | 12.60 | 8.68 | +3.92 |
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Drawdowns
NCBIX vs. CSTAX - Drawdown Comparison
The maximum NCBIX drawdown since its inception was -32.19%, which is greater than CSTAX's maximum drawdown of -14.52%. Use the drawdown chart below to compare losses from any high point for NCBIX and CSTAX.
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Drawdown Indicators
| NCBIX | CSTAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.19% | -14.52% | -17.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -2.72% | -1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -6.29% | -4.89% | -1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -17.67% | -14.52% | -3.15% |
Max Drawdown (10Y)Largest decline over 10 years | -17.67% | -14.52% | -3.15% |
Current DrawdownCurrent decline from peak | -0.63% | -0.64% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -2.34% | -1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.91% | 0.72% | +0.19% |
Volatility
NCBIX vs. CSTAX - Volatility Comparison
New Covenant Balanced Income Fund (NCBIX) has a higher volatility of 2.23% compared to American Funds College 2027 Fund (CSTAX) at 1.15%. This indicates that NCBIX's price experiences larger fluctuations and is considered to be riskier than CSTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NCBIX | CSTAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 1.15% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 4.51% | 2.47% | +2.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.55% | 3.14% | +2.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.21% | 5.17% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.09% | 5.78% | +1.31% |
NCBIX vs. CSTAX - Expense Ratio Comparison
NCBIX has a 0.15% expense ratio, which is lower than CSTAX's 0.41% expense ratio.
Dividends
NCBIX vs. CSTAX - Dividend Comparison
NCBIX's dividend yield for the trailing twelve months is around 5.95%, more than CSTAX's 5.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSTAX American Funds College 2027 Fund | 5.20% | 5.26% | 3.78% | 3.17% | 3.40% | 7.52% | 5.72% | 4.00% | 4.78% | 3.90% | 4.34% | 4.49% |
NCBIX New Covenant Balanced Income Fund | 5.95% | 6.15% | 5.21% | 1.97% | 2.72% | 4.22% | 5.49% | 4.14% | 5.85% | 2.05% | 1.23% | 7.37% |
Frequently Asked Questions
NCBIX and CSTAX 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.
NCBIX has higher volatility (2.23%) compared to CSTAX (1.15%). In terms of maximum drawdown, NCBIX dropped -32.19% vs CSTAX's -14.52%.
NCBIX currently has the higher Sharpe Ratio (2.07 vs 1.99), 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.
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