SCCPX vs. BVATX

Last updated Jun 24, 2026

SCCPX (Sterling Capital Long Duration Corporate Bond Fund) and BVATX (Sterling Capital Virginia Intermediate Tax Free Fund) are both mutual funds - SCCPX is a Corporate Bonds fund managed by Sterling Capital, while BVATX is a Municipal Bonds fund managed by Sterling Capital. Over the past 10 years, SCCPX returned 22.01%/yr vs 1.36%/yr for BVATX. A 0.52 correlation means they provide meaningful diversification when combined. SCCPX charges 0.45%/yr vs 0.58%/yr for BVATX.

Performance

SCCPX vs. BVATX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital Long Duration Corporate Bond Fund (SCCPX) and Sterling Capital Virginia Intermediate Tax Free Fund (BVATX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCCPX achieves a 0.53% return, which is significantly lower than BVATX's 0.70% return. Over the past 10 years, SCCPX has outperformed BVATX with an annualized return of 22.01%, while BVATX has yielded a comparatively lower 1.36% annualized return.

SCCPX

• 1D: -0.59%
• 1M: 1.19%
• YTD: 0.53%
• 6M: 0.81%
• 1Y: 5.65%
• 3Y*: 3.47%
• 5Y*: -2.58%
• 10Y*: 22.01%

BVATX

• 1D: -0.09%
• 1M: 1.13%
• YTD: 0.70%
• 6M: 1.01%
• 1Y: 4.27%
• 3Y*: 2.81%
• 5Y*: 0.68%
• 10Y*: 1.36%

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

SCCPX vs. BVATX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCCPX Sterling Capital Long Duration Corporate Bond Fund	0.53%	6.37%	-1.68%	9.20%	-23.65%	-0.01%	625.95%	10.78%	-0.95%	4.22%
BVATX Sterling Capital Virginia Intermediate Tax Free Fund	0.70%	4.70%	0.32%	3.60%	-5.59%	-0.59%	4.28%	6.32%	0.79%	3.28%

Correlation

The correlation between SCCPX and BVATX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012	0.52

The correlation between SCCPX and BVATX has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

Return for Risk

SCCPX vs. BVATX — Risk / Return Rank

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

SCCPX

SCCPX Risk / Return Rank: 10
SCCPX Sharpe Ratio Rank: 10
SCCPX Sortino Ratio Rank: 10
SCCPX Omega Ratio Rank: 9
SCCPX Calmar Ratio Rank: 12
SCCPX Martin Ratio Rank: 10

BVATX

BVATX Risk / Return Rank: 56
BVATX Sharpe Ratio Rank: 67
BVATX Sortino Ratio Rank: 74
BVATX Omega Ratio Rank: 89
BVATX Calmar Ratio Rank: 25
BVATX Martin Ratio Rank: 24

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.

SCCPX vs. BVATX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Long Duration Corporate Bond Fund (SCCPX) and Sterling Capital Virginia Intermediate Tax Free Fund (BVATX). 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.

	SCCPX	BVATX	Difference
Sharpe ratio: Return per unit of total volatility	0.77	2.21	-1.44
Sortino ratio: Return per unit of downside risk	1.15	3.28	-2.13
Omega ratio: Gain probability vs. loss probability	1.14	1.59	-0.45
Calmar ratio: Return relative to maximum drawdown	1.06	1.70	-0.64
Martin ratio: Return relative to average drawdown	2.65	5.27	-2.63

SCCPX vs. BVATX - Sharpe Ratio Comparison

The current SCCPX Sharpe Ratio is 0.77, which is lower than the BVATX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of SCCPX and BVATX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCCPX vs. BVATX - Drawdown Comparison

The maximum SCCPX drawdown since its inception was -31.88%, which is greater than BVATX's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for SCCPX and BVATX.

Drawdown Indicators

	SCCPX	BVATX	Difference
Max Drawdown Largest peak-to-trough decline	-31.88%	-10.24%	-21.64%
Max Drawdown (1Y) Largest decline over 1 year	-5.49%	-2.57%	-2.92%
Max Drawdown (3Y) Largest decline over 3 years	-12.96%	-4.25%	-8.71%
Max Drawdown (5Y) Largest decline over 5 years	-31.88%	-9.97%	-21.91%
Max Drawdown (10Y) Largest decline over 10 years	-31.88%	-10.24%	-21.64%
Current Drawdown Current decline from peak	-13.39%	-0.95%	-12.44%
Average Drawdown Average peak-to-trough decline	-6.42%	-1.61%	-4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	0.83%	+1.37%

Volatility

SCCPX vs. BVATX - Volatility Comparison

Sterling Capital Long Duration Corporate Bond Fund (SCCPX) has a higher volatility of 1.99% compared to Sterling Capital Virginia Intermediate Tax Free Fund (BVATX) at 0.57%. This indicates that SCCPX's price experiences larger fluctuations and is considered to be riskier than BVATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCCPX	BVATX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	0.57%	+1.42%
Volatility (6M) Calculated over the trailing 6-month period	5.58%	1.63%	+3.95%
Volatility (1Y) Calculated over the trailing 1-year period	7.59%	1.99%	+5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.22%	2.81%	+8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	182.29%	3.19%	+179.10%

SCCPX vs. BVATX - Expense Ratio Comparison

SCCPX has a 0.45% expense ratio, which is lower than BVATX's 0.58% expense ratio.

Dividends

SCCPX vs. BVATX - Dividend Comparison

SCCPX's dividend yield for the trailing twelve months is around 5.12%, more than BVATX's 2.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BVATX Sterling Capital Virginia Intermediate Tax Free Fund	2.54%	3.36%	2.67%	1.89%	1.81%	1.65%	2.03%	2.27%	2.24%	2.20%	3.06%	2.71%
SCCPX Sterling Capital Long Duration Corporate Bond Fund	5.12%	4.99%	4.84%	3.54%	4.11%	13.93%	88.30%	3.01%	3.31%	3.76%	3.41%	3.16%

Frequently Asked Questions

Can I hold both SCCPX and BVATX in my portfolio?

SCCPX and BVATX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCCPX or BVATX?

SCCPX has higher volatility (1.99%) compared to BVATX (0.57%). In terms of maximum drawdown, SCCPX dropped -31.88% vs BVATX's -10.24%.

Which has better risk-adjusted returns?

BVATX currently has the higher Sharpe Ratio (2.21 vs 0.77), 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.