SCPZX vs. SCCIX

Last updated Jun 3, 2026

SCPZX (Carillon Reams Core Plus Bond Fund) and SCCIX (Carillon Reams Core Bond Fund) are both mutual funds - SCPZX is a Intermediate Core-Plus Bond fund managed by Carillon Family of Funds, while SCCIX is a Intermediate Core Bond fund managed by Carillon Family of Funds. Over the past 10 years, SCPZX returned 2.87%/yr vs 2.37%/yr for SCCIX. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.40% expense ratio.

Performance

SCPZX vs. SCCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carillon Reams Core Plus Bond Fund (SCPZX) and Carillon Reams Core Bond Fund (SCCIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCPZX achieves a 0.81% return, which is significantly higher than SCCIX's 0.50% return. Over the past 10 years, SCPZX has outperformed SCCIX with an annualized return of 2.87%, while SCCIX has yielded a comparatively lower 2.37% annualized return.

SCPZX

• 1D: -0.11%
• 1M: -0.01%
• YTD: 0.81%
• 6M: 0.68%
• 1Y: 6.45%
• 3Y*: 4.51%
• 5Y*: 0.88%
• 10Y*: 2.87%

SCCIX

• 1D: -0.03%
• 1M: 0.15%
• YTD: 0.50%
• 6M: 0.39%
• 1Y: 5.92%
• 3Y*: 4.06%
• 5Y*: 0.17%
• 10Y*: 2.37%

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

SCPZX vs. SCCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCPZX Carillon Reams Core Plus Bond Fund	0.81%	8.68%	1.34%	6.27%	-11.79%	-1.96%	16.56%	8.30%	0.76%	3.51%
SCCIX Carillon Reams Core Bond Fund	0.50%	7.63%	1.45%	5.41%	-13.22%	-1.96%	15.39%	7.96%	1.24%	3.40%

Correlation

The correlation between SCPZX and SCCIX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jan 3, 2002	0.94

The correlation between SCPZX and SCCIX has been stable across timeframes, ranging from 0.94 to 0.99 - a consistent structural relationship.

Return for Risk

SCPZX vs. SCCIX — Risk / Return Rank

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

SCPZX

SCPZX Risk / Return Rank: 28
SCPZX Sharpe Ratio Rank: 26
SCPZX Sortino Ratio Rank: 27
SCPZX Omega Ratio Rank: 24
SCPZX Calmar Ratio Rank: 33
SCPZX Martin Ratio Rank: 31

SCCIX

SCCIX Risk / Return Rank: 23
SCCIX Sharpe Ratio Rank: 22
SCCIX Sortino Ratio Rank: 22
SCCIX Omega Ratio Rank: 20
SCCIX Calmar Ratio Rank: 26
SCCIX 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.

SCPZX vs. SCCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon Reams Core Plus Bond Fund (SCPZX) and Carillon Reams Core Bond Fund (SCCIX). 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.

	SCPZX	SCCIX	Difference
Sharpe ratio Return per unit of total volatility	1.49	1.34	+0.15
Sortino ratio Return per unit of downside risk	2.21	2.00	+0.21
Omega ratio Gain probability vs. loss probability	1.26	1.24	+0.03
Calmar ratio Return relative to maximum drawdown	2.19	1.92	+0.27
Martin ratio Return relative to average drawdown	7.37	6.03	+1.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCPZX vs. SCCIX - Sharpe Ratio Comparison

The current SCPZX Sharpe Ratio is 1.49, which is comparable to the SCCIX Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of SCPZX and SCCIX, 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

	SCPZX	SCCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	1.34	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.03	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.46	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.45	-0.10

Drawdowns

SCPZX vs. SCCIX - Drawdown Comparison

The maximum SCPZX drawdown since its inception was -28.85%, which is greater than SCCIX's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for SCPZX and SCCIX.

Drawdown Indicators

	SCPZX	SCCIX	Difference
Max Drawdown Largest peak-to-trough decline	-28.85%	-22.19%	-6.66%
Max Drawdown (1Y) Largest decline over 1 year	-2.91%	-3.04%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-7.72%	-7.40%	-0.32%
Max Drawdown (5Y) Largest decline over 5 years	-17.39%	-18.25%	+0.86%
Max Drawdown (10Y) Largest decline over 10 years	-18.38%	-19.25%	+0.87%
Current Drawdown Current decline from peak	-1.32%	-1.59%	+0.27%
Average Drawdown Average peak-to-trough decline	-3.75%	-3.49%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	0.97%	-0.11%

Volatility

SCPZX vs. SCCIX - Volatility Comparison

Carillon Reams Core Plus Bond Fund (SCPZX) has a higher volatility of 1.57% compared to Carillon Reams Core Bond Fund (SCCIX) at 1.44%. This indicates that SCPZX's price experiences larger fluctuations and is considered to be riskier than SCCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCPZX	SCCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	1.44%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	3.03%	2.95%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	4.12%	4.17%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.56%	6.35%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.60%	5.19%	+0.41%

SCPZX vs. SCCIX - Expense Ratio Comparison

Both SCPZX and SCCIX have an expense ratio of 0.40%.

Dividends

SCPZX vs. SCCIX - Dividend Comparison

SCPZX's dividend yield for the trailing twelve months is around 4.24%, less than SCCIX's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCCIX Carillon Reams Core Bond Fund	4.30%	4.34%	4.39%	3.82%	2.36%	1.13%	3.13%	4.39%	2.26%	1.75%	3.86%	1.66%
SCPZX Carillon Reams Core Plus Bond Fund	4.24%	4.35%	4.70%	4.31%	3.06%	1.27%	5.79%	4.47%	2.26%	1.76%	3.92%	2.89%

Frequently Asked Questions

Can I hold both SCPZX and SCCIX in my portfolio?

With a correlation of 0.98, SCPZX and SCCIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SCPZX or SCCIX?

SCPZX has higher volatility (1.57%) compared to SCCIX (1.44%). In terms of maximum drawdown, SCPZX dropped -28.85% vs SCCIX's -22.19%.

Which has better risk-adjusted returns?

SCPZX currently has the higher Sharpe Ratio (1.49 vs 1.34), 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.