NIPAX vs. CDDYX
NIPAX (Columbia Capital Allocation Moderate Conservative Portfolio) and CDDYX (Columbia Dividend Income Fund Institutional 3 Class) are both mutual funds - NIPAX is a Diversified Portfolio fund managed by Columbia, while CDDYX is a Large Cap Value Equities fund managed by Columbia. Over the past 10 years, NIPAX returned 5.68%/yr vs 12.68%/yr for CDDYX. A 0.78 correlation means they provide meaningful diversification when combined. NIPAX charges 0.16%/yr vs 0.55%/yr for CDDYX.
Performance
NIPAX vs. CDDYX - Performance Comparison
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Returns By Period
In the year-to-date period, NIPAX achieves a 4.84% return, which is significantly lower than CDDYX's 8.83% return. Over the past 10 years, NIPAX has underperformed CDDYX with an annualized return of 5.68%, while CDDYX has yielded a comparatively higher 12.68% annualized return.
NIPAX
- 1D
- 0.18%
- 1M
- 1.01%
- YTD
- 4.84%
- 6M
- 5.13%
- 1Y
- 14.80%
- 3Y*
- 10.91%
- 5Y*
- 4.54%
- 10Y*
- 5.68%
CDDYX
- 1D
- 0.70%
- 1M
- 1.34%
- YTD
- 8.83%
- 6M
- 9.29%
- 1Y
- 21.90%
- 3Y*
- 17.08%
- 5Y*
- 10.81%
- 10Y*
- 12.68%
NIPAX vs. CDDYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NIPAX Columbia Capital Allocation Moderate Conservative Portfolio | 4.84% | 13.17% | 8.07% | 12.30% | -15.45% | 7.44% | 10.00% | 14.31% | -4.84% | 9.59% |
CDDYX Columbia Dividend Income Fund Institutional 3 Class | 8.83% | 15.95% | 15.17% | 10.65% | -4.84% | 26.43% | 7.92% | 28.74% | -4.27% | 20.34% |
Correlation
The correlation between NIPAX and CDDYX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2012 | 0.78 |
The correlation between NIPAX and CDDYX shifts across timeframes, from 0.65 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NIPAX vs. CDDYX — Risk / Return Rank
NIPAX
CDDYX
NIPAX vs. CDDYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Capital Allocation Moderate Conservative Portfolio (NIPAX) and Columbia Dividend Income Fund Institutional 3 Class (CDDYX). 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.
| NIPAX | CDDYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.43 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 3.95 | -1.44 |
| Martin ratioReturn relative to average drawdown | 12.00 | 14.89 | -2.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NIPAX | CDDYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 2.40 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.82 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.81 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.88 | 0.00 |
Drawdowns
NIPAX vs. CDDYX - Drawdown Comparison
The maximum NIPAX drawdown since its inception was -26.77%, smaller than the maximum CDDYX drawdown of -32.74%. Use the drawdown chart below to compare losses from any high point for NIPAX and CDDYX.
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Drawdown Indicators
| NIPAX | CDDYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.77% | -32.74% | +5.97% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | -5.51% | -0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -6.56% | -12.99% | +6.43% |
Max Drawdown (5Y)Largest decline over 5 years | -19.93% | -16.91% | -3.02% |
Max Drawdown (10Y)Largest decline over 10 years | -19.93% | -32.74% | +12.81% |
Current DrawdownCurrent decline from peak | -0.27% | 0.00% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -2.77% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.46% | -0.24% |
Volatility
NIPAX vs. CDDYX - Volatility Comparison
The current volatility for Columbia Capital Allocation Moderate Conservative Portfolio (NIPAX) is 2.05%, while Columbia Dividend Income Fund Institutional 3 Class (CDDYX) has a volatility of 2.45%. This indicates that NIPAX experiences smaller price fluctuations and is considered to be less risky than CDDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NIPAX | CDDYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 2.45% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 5.33% | 6.84% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.49% | 9.08% | -2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.71% | 13.27% | -5.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 15.69% | -8.41% |
NIPAX vs. CDDYX - Expense Ratio Comparison
NIPAX has a 0.16% expense ratio, which is lower than CDDYX's 0.55% expense ratio.
Dividends
NIPAX vs. CDDYX - Dividend Comparison
NIPAX's dividend yield for the trailing twelve months is around 3.28%, less than CDDYX's 4.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDDYX Columbia Dividend Income Fund Institutional 3 Class | 4.94% | 5.33% | 5.99% | 4.96% | 3.90% | 2.93% | 1.85% | 3.28% | 7.65% | 4.03% | 3.84% | 8.35% |
NIPAX Columbia Capital Allocation Moderate Conservative Portfolio | 3.28% | 4.05% | 3.24% | 4.23% | 6.79% | 9.83% | 5.37% | 4.49% | 7.06% | 3.07% | 3.42% | 4.49% |
Frequently Asked Questions
NIPAX and CDDYX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDDYX has higher volatility (2.45%) compared to NIPAX (2.05%). In terms of maximum drawdown, NIPAX dropped -26.77% vs CDDYX's -32.74%.
CDDYX currently has the higher Sharpe Ratio (2.40 vs 2.26), 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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