SCCIX vs. VCAIX
SCCIX (Carillon Reams Core Bond Fund) and VCAIX (Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares) are both mutual funds - SCCIX is a Intermediate Core Bond fund managed by Carillon Family of Funds, while VCAIX is a Municipal Bonds fund actively managed by Vanguard. Over the past 10 years, SCCIX returned 2.16%/yr vs 2.02%/yr for VCAIX. Their 0.49 correlation means their historical movements had little consistent relationship. SCCIX charges 0.40%/yr vs 0.14%/yr for VCAIX.
Performance
SCCIX vs. VCAIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCCIX achieves a -0.16% return, which is significantly higher than VCAIX's -0.18% return. Over the past 10 years, SCCIX has outperformed VCAIX with an annualized return of 2.16%, while VCAIX has yielded a comparatively lower 2.02% annualized return.
SCCIX
- 1D
- 0.00%
- 1M
- -1.02%
- 6M
- -0.44%
- YTD
- -0.16%
- 1Y
- 2.53%
- 3Y*
- 3.85%
- 5Y*
- -0.18%
- 10Y*
- 2.16%
- ALL TIME*
- 2.28%
VCAIX
- 1D
- -0.26%
- 1M
- -1.73%
- 6M
- -1.11%
- YTD
- -0.18%
- 1Y
- 3.91%
- 3Y*
- 3.71%
- 5Y*
- 1.19%
- 10Y*
- 2.02%
- ALL TIME*
- 3.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SCCIX vs. VCAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCCIX Carillon Reams Core Bond Fund | -0.16% | 7.63% | 1.45% | 5.41% | -13.22% | -1.96% | 15.39% | 7.96% | 1.24% | 3.40% |
VCAIX Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares | -0.18% | 5.83% | 2.15% | 5.82% | -6.69% | 0.40% | 4.53% | 6.95% | 1.19% | 4.83% |
Correlation
The correlation between SCCIX and VCAIX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2002 | 0.49 |
The correlation between SCCIX and VCAIX shifts across timeframes, from 0.49 (all time) to 0.59 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCCIX vs. VCAIX — Risk / Return Rank
SCCIX
VCAIX
SCCIX vs. VCAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carillon Reams Core Bond Fund (SCCIX) and Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX). 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.
| SCCIX | VCAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.47 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.56 | -0.45 |
| Martin ratioReturn relative to average drawdown | 2.91 | 4.48 | -1.57 |
Loading charts...
Drawdowns
SCCIX vs. VCAIX - Drawdown Comparison
The maximum SCCIX drawdown since its inception was -22.19%, which is greater than VCAIX's maximum drawdown of -11.22%. Use the drawdown chart below to compare losses from any high point for SCCIX and VCAIX.
Loading charts...
Drawdown Indicators
| SCCIX | VCAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.19% | -11.22% | -10.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.04% | -2.98% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -6.07% | -3.88% | -2.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.25% | -11.22% | -7.03% |
Max Drawdown (10Y)Largest decline over 10 years | -19.25% | -11.22% | -8.03% |
Current DrawdownCurrent decline from peak | -2.24% | -2.29% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -3.48% | -1.36% | -2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 1.04% | +0.12% |
Volatility
SCCIX vs. VCAIX - Volatility Comparison
Carillon Reams Core Bond Fund (SCCIX) has a higher volatility of 0.94% compared to Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) at 0.81%. This indicates that SCCIX's price experiences larger fluctuations and is considered to be riskier than VCAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCCIX | VCAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 0.81% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 1.95% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 2.36% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.38% | 3.26% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.20% | 3.42% | +1.78% |
SCCIX vs. VCAIX - Expense Ratio Comparison
SCCIX has a 0.40% expense ratio, which is higher than VCAIX's 0.14% expense ratio.
Dividends
SCCIX vs. VCAIX - Dividend Comparison
SCCIX's dividend yield for the trailing twelve months is around 4.34%, more than VCAIX's 2.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCCIX Carillon Reams Core Bond Fund | 3.98% | 4.34% | 4.39% | 3.82% | 2.36% | 1.13% | 3.13% | 4.39% | 2.26% | 1.75% | 3.86% | 1.66% |
VCAIX Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares | 2.90% | 3.75% | 3.27% | 2.49% | 2.28% | 1.71% | 2.19% | 2.64% | 2.63% | 2.56% | 2.65% | 2.78% |
Frequently Asked Questions
SCCIX and VCAIX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCCIX has higher volatility (0.94%) compared to VCAIX (0.81%). In terms of maximum drawdown, SCCIX dropped -22.19% vs VCAIX's -11.22%.
VCAIX currently has the higher Sharpe Ratio (1.97 vs 0.85), 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.
Find the right allocation for SCCIX and VCAIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer