SCPZX vs. UMBHX

Last updated Jun 24, 2026

SCPZX (Carillon Reams Core Plus Bond Fund) and UMBHX (Carillon Scout Small Cap Fund) are both mutual funds - SCPZX is a Intermediate Core-Plus Bond fund managed by Carillon Family of Funds, while UMBHX is a Small Cap Growth Equities fund managed by Carillon Family of Funds. At a 0.40 correlation, their price movements are largely independent. SCPZX charges 0.40%/yr vs 0.90%/yr for UMBHX.

Performance

SCPZX vs. UMBHX - Performance Comparison

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

Returns By Period

SCPZX

• 1D: -0.30%
• 1M: 0.69%
• YTD: 0.78%
• 6M: 0.88%
• 1Y: 5.17%
• 3Y*: 4.44%
• 5Y*: 0.82%
• 10Y*: 2.80%

UMBHX

• 1D: 1.99%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCPZX vs. UMBHX - Yearly Performance Comparison

	2026 (YTD)
SCPZX Carillon Reams Core Plus Bond Fund	0.22%
UMBHX Carillon Scout Small Cap Fund	6.45%

Correlation

The correlation between SCPZX and UMBHX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.40

Return for Risk

SCPZX vs. UMBHX — Risk / Return Rank

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

SCPZX

SCPZX Risk / Return Rank: 26
SCPZX Sharpe Ratio Rank: 26
SCPZX Sortino Ratio Rank: 27
SCPZX Omega Ratio Rank: 24
SCPZX Calmar Ratio Rank: 29
SCPZX Martin Ratio Rank: 27

UMBHX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. UMBHX - Risk-Adjusted Trends Comparison

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

	SCPZX	UMBHX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	—	—
Sortino ratio: Return per unit of downside risk	2.00	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.88	—	—
Martin ratio: Return relative to average drawdown	5.91	—	—

Drawdowns

SCPZX vs. UMBHX - Drawdown Comparison

The maximum SCPZX drawdown since its inception was -28.85%, which is greater than UMBHX's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for SCPZX and UMBHX.

Drawdown Indicators

	SCPZX	UMBHX	Difference
Max Drawdown Largest peak-to-trough decline	-28.85%	-5.16%	-23.69%
Max Drawdown (1Y) Largest decline over 1 year	-2.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.38%	—	—
Current Drawdown Current decline from peak	-1.35%	0.00%	-1.35%
Average Drawdown Average peak-to-trough decline	-3.74%	-1.30%	-2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	—	—

Volatility

Volatility by Period

	SCPZX	UMBHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.06%	33.32%	-29.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.57%	33.32%	-26.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.61%	33.32%	-27.71%

SCPZX vs. UMBHX - Expense Ratio Comparison

SCPZX has a 0.40% expense ratio, which is lower than UMBHX's 0.90% expense ratio.

Dividends

SCPZX vs. UMBHX - Dividend Comparison

SCPZX's dividend yield for the trailing twelve months is around 4.24%, while UMBHX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UMBHX Carillon Scout Small Cap Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCPZX and UMBHX in my portfolio?

SCPZX and UMBHX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.