RLCAX vs. TWEIX

Last updated Jun 4, 2026

RLCAX (Columbia Disciplined Value Fund) and TWEIX (American Century Equity Income Fund) are both Large Cap Value Equities funds. Over the past 10 years, RLCAX returned 11.67%/yr vs 8.65%/yr for TWEIX. Their correlation of 0.92 suggests significant overlap in exposure. RLCAX charges 1.04%/yr vs 0.94%/yr for TWEIX.

Performance

RLCAX vs. TWEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Disciplined Value Fund (RLCAX) and American Century Equity Income Fund (TWEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RLCAX achieves a 16.03% return, which is significantly higher than TWEIX's 6.14% return. Over the past 10 years, RLCAX has outperformed TWEIX with an annualized return of 11.67%, while TWEIX has yielded a comparatively lower 8.65% annualized return.

RLCAX

• 1D: 0.71%
• 1M: 5.27%
• YTD: 16.03%
• 6M: 18.41%
• 1Y: 31.02%
• 3Y*: 19.88%
• 5Y*: 12.26%
• 10Y*: 11.67%

TWEIX

• 1D: 0.56%
• 1M: 0.11%
• YTD: 6.14%
• 6M: 6.61%
• 1Y: 15.26%
• 3Y*: 10.63%
• 5Y*: 6.89%
• 10Y*: 8.65%

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

RLCAX vs. TWEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RLCAX Columbia Disciplined Value Fund	16.03%	14.67%	16.24%	15.40%	-7.33%	29.54%	2.11%	19.23%	-9.36%	15.42%
TWEIX American Century Equity Income Fund	6.14%	11.84%	10.51%	3.92%	-3.06%	16.83%	1.10%	24.14%	-3.77%	13.35%

Correlation

The correlation between RLCAX and TWEIX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	0.92

The correlation between RLCAX and TWEIX shifts across timeframes, from 0.80 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RLCAX vs. TWEIX — Risk / Return Rank

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

RLCAX

RLCAX Risk / Return Rank: 88
RLCAX Sharpe Ratio Rank: 90
RLCAX Sortino Ratio Rank: 88
RLCAX Omega Ratio Rank: 79
RLCAX Calmar Ratio Rank: 92
RLCAX Martin Ratio Rank: 93

TWEIX

TWEIX Risk / Return Rank: 41
TWEIX Sharpe Ratio Rank: 42
TWEIX Sortino Ratio Rank: 46
TWEIX Omega Ratio Rank: 38
TWEIX Calmar Ratio Rank: 42
TWEIX Martin Ratio Rank: 37

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.

RLCAX vs. TWEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Disciplined Value Fund (RLCAX) and American Century Equity Income Fund (TWEIX). 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.

	RLCAX	TWEIX	Difference
Sharpe ratio: Return per unit of total volatility	2.98	1.88	+1.10
Sortino ratio: Return per unit of downside risk	4.25	2.84	+1.41
Omega ratio: Gain probability vs. loss probability	1.52	1.33	+0.20
Calmar ratio: Return relative to maximum drawdown	5.07	2.45	+2.62
Martin ratio: Return relative to average drawdown	20.13	8.07	+12.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RLCAX vs. TWEIX - Sharpe Ratio Comparison

The current RLCAX Sharpe Ratio is 2.98, which is higher than the TWEIX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of RLCAX and TWEIX, 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

	RLCAX	TWEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.98	1.88	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.65	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.65	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.75	-0.19

Drawdowns

RLCAX vs. TWEIX - Drawdown Comparison

The maximum RLCAX drawdown since its inception was -37.83%, roughly equal to the maximum TWEIX drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for RLCAX and TWEIX.

Drawdown Indicators

	RLCAX	TWEIX	Difference
Max Drawdown Largest peak-to-trough decline	-37.83%	-39.30%	+1.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-6.43%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-17.71%	-10.16%	-7.55%
Max Drawdown (5Y) Largest decline over 5 years	-34.73%	-13.69%	-21.04%
Max Drawdown (10Y) Largest decline over 10 years	-37.83%	-32.82%	-5.01%
Current Drawdown Current decline from peak	0.00%	-2.51%	+2.51%
Average Drawdown Average peak-to-trough decline	-7.17%	-4.16%	-3.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	1.95%	-0.37%

Volatility

RLCAX vs. TWEIX - Volatility Comparison

Columbia Disciplined Value Fund (RLCAX) has a higher volatility of 3.02% compared to American Century Equity Income Fund (TWEIX) at 2.20%. This indicates that RLCAX's price experiences larger fluctuations and is considered to be riskier than TWEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RLCAX	TWEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	2.20%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	7.90%	6.23%	+1.67%
Volatility (1Y) Calculated over the trailing 1-year period	10.73%	8.37%	+2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.44%	10.74%	+12.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.71%	13.36%	+8.35%

RLCAX vs. TWEIX - Expense Ratio Comparison

RLCAX has a 1.04% expense ratio, which is higher than TWEIX's 0.94% expense ratio.

Dividends

RLCAX vs. TWEIX - Dividend Comparison

RLCAX's dividend yield for the trailing twelve months is around 10.14%, more than TWEIX's 9.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RLCAX Columbia Disciplined Value Fund	10.14%	11.76%	11.66%	7.59%	13.00%	31.01%	1.54%	10.78%	11.88%	5.35%	1.53%	6.78%
TWEIX American Century Equity Income Fund	9.77%	10.35%	11.51%	8.02%	8.76%	6.83%	2.00%	7.38%	8.79%	11.95%	7.88%	10.49%

Frequently Asked Questions

Can I hold both RLCAX and TWEIX in my portfolio?

RLCAX and TWEIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RLCAX or TWEIX?

RLCAX has higher volatility (3.02%) compared to TWEIX (2.20%). In terms of maximum drawdown, RLCAX dropped -37.83% vs TWEIX's -39.30%.

Which has better risk-adjusted returns?

RLCAX currently has the higher Sharpe Ratio (2.98 vs 1.88), 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.