QAITX vs. COTZX
QAITX (Q3 All-Weather Tactical Fund) and COTZX (Columbia Thermostat Fund) are both Tactical Allocation funds. Over the past 5 years, QAITX returned 2.70%/yr vs 4.79%/yr for COTZX. A 0.51 correlation means they provide meaningful diversification when combined. QAITX charges 1.36%/yr vs 0.24%/yr for COTZX.
Performance
QAITX vs. COTZX - Performance Comparison
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Returns By Period
In the year-to-date period, QAITX achieves a 6.52% return, which is significantly higher than COTZX's 3.49% return.
QAITX
- 1D
- 0.00%
- 1M
- 7.81%
- YTD
- 6.52%
- 6M
- 4.77%
- 1Y
- 19.43%
- 3Y*
- 12.30%
- 5Y*
- 2.70%
- 10Y*
- —
COTZX
- 1D
- 0.05%
- 1M
- 1.66%
- YTD
- 3.49%
- 6M
- 3.53%
- 1Y
- 12.68%
- 3Y*
- 10.87%
- 5Y*
- 4.79%
- 10Y*
- 7.44%
QAITX vs. COTZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QAITX Q3 All-Weather Tactical Fund | 6.52% | 3.53% | 16.11% | 23.71% | -37.71% | 16.80% | 26.32% | 0.00% |
COTZX Columbia Thermostat Fund | 3.49% | 15.02% | 7.98% | 11.66% | -12.92% | 6.44% | 29.61% | 0.00% |
Correlation
The correlation between QAITX and COTZX is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019 | 0.51 |
The correlation between QAITX and COTZX shifts across timeframes, from 0.50 (5 years) to 0.69 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
QAITX vs. COTZX — Risk / Return Rank
QAITX
COTZX
QAITX vs. COTZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Q3 All-Weather Tactical Fund (QAITX) and Columbia Thermostat Fund (COTZX). 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.
| QAITX | COTZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.50 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 3.24 | -1.72 |
| Martin ratioReturn relative to average drawdown | 4.73 | 15.24 | -10.51 |
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
| QAITX | COTZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 2.57 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.66 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.01 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.64 | -0.23 |
Drawdowns
QAITX vs. COTZX - Drawdown Comparison
The maximum QAITX drawdown since its inception was -40.35%, smaller than the maximum COTZX drawdown of -47.48%. Use the drawdown chart below to compare losses from any high point for QAITX and COTZX.
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Drawdown Indicators
| QAITX | COTZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.35% | -47.48% | +7.13% |
Max Drawdown (1Y)Largest decline over 1 year | -13.49% | -4.02% | -9.47% |
Max Drawdown (3Y)Largest decline over 3 years | -13.49% | -6.93% | -6.56% |
Max Drawdown (5Y)Largest decline over 5 years | -40.35% | -17.80% | -22.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.80% | — |
Current DrawdownCurrent decline from peak | -3.56% | 0.00% | -3.56% |
Average DrawdownAverage peak-to-trough decline | -15.75% | -3.47% | -12.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.31% | 0.85% | +3.46% |
Volatility
QAITX vs. COTZX - Volatility Comparison
Q3 All-Weather Tactical Fund (QAITX) has a higher volatility of 3.26% compared to Columbia Thermostat Fund (COTZX) at 1.60%. This indicates that QAITX's price experiences larger fluctuations and is considered to be riskier than COTZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QAITX | COTZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 1.60% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.15% | 3.96% | +7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.87% | 5.06% | +9.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 7.33% | +6.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.64% | 7.39% | +7.25% |
QAITX vs. COTZX - Expense Ratio Comparison
QAITX has a 1.36% expense ratio, which is higher than COTZX's 0.24% expense ratio.
Dividends
QAITX vs. COTZX - Dividend Comparison
QAITX's dividend yield for the trailing twelve months is around 1.48%, less than COTZX's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COTZX Columbia Thermostat Fund | 3.25% | 3.37% | 3.55% | 2.74% | 3.28% | 14.82% | 6.92% | 5.57% | 4.45% | 3.13% | 2.66% | 4.26% |
QAITX Q3 All-Weather Tactical Fund | 1.48% | 1.85% | 0.00% | 0.00% | 0.00% | 7.77% | 7.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QAITX and COTZX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QAITX has higher volatility (3.26%) compared to COTZX (1.60%). In terms of maximum drawdown, QAITX dropped -40.35% vs COTZX's -47.48%.
COTZX currently has the higher Sharpe Ratio (2.57 vs 1.38), 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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