SLVIX vs. BOYAX

Last updated Jun 4, 2026

SLVIX (Columbia Select Large Cap Value Fund Institutional Class 2) and BOYAX (Boyar Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, SLVIX returned 13.43%/yr vs 7.31%/yr for BOYAX. Their correlation of 0.89 suggests significant overlap in exposure. SLVIX charges 0.53%/yr vs 1.56%/yr for BOYAX.

Performance

SLVIX vs. BOYAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Large Cap Value Fund Institutional Class 2 (SLVIX) and Boyar Value Fund (BOYAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLVIX achieves a 13.57% return, which is significantly higher than BOYAX's 5.85% return. Over the past 10 years, SLVIX has outperformed BOYAX with an annualized return of 13.43%, while BOYAX has yielded a comparatively lower 7.31% annualized return.

SLVIX

• 1D: 0.74%
• 1M: 5.27%
• YTD: 13.57%
• 6M: 17.08%
• 1Y: 37.33%
• 3Y*: 21.12%
• 5Y*: 11.81%
• 10Y*: 13.43%

BOYAX

• 1D: -0.52%
• 1M: 2.40%
• YTD: 5.85%
• 6M: 7.45%
• 1Y: 15.86%
• 3Y*: 13.11%
• 5Y*: 4.50%
• 10Y*: 7.31%

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

SLVIX vs. BOYAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLVIX Columbia Select Large Cap Value Fund Institutional Class 2	13.57%	28.02%	12.90%	5.90%	-0.78%	26.68%	6.49%	26.89%	-12.03%	19.05%
BOYAX Boyar Value Fund	5.85%	12.41%	11.40%	14.14%	-20.14%	18.62%	4.21%	19.20%	-7.52%	15.97%

Correlation

The correlation between SLVIX and BOYAX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jan 3, 2002	0.89

The correlation between SLVIX and BOYAX shifts across timeframes, from 0.75 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SLVIX vs. BOYAX — Risk / Return Rank

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

SLVIX

SLVIX Risk / Return Rank: 89
SLVIX Sharpe Ratio Rank: 94
SLVIX Sortino Ratio Rank: 91
SLVIX Omega Ratio Rank: 84
SLVIX Calmar Ratio Rank: 87
SLVIX Martin Ratio Rank: 89

BOYAX

BOYAX Risk / Return Rank: 25
BOYAX Sharpe Ratio Rank: 23
BOYAX Sortino Ratio Rank: 22
BOYAX Omega Ratio Rank: 22
BOYAX Calmar Ratio Rank: 26
BOYAX Martin Ratio Rank: 31

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.

SLVIX vs. BOYAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Large Cap Value Fund Institutional Class 2 (SLVIX) and Boyar Value Fund (BOYAX). 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.

	SLVIX	BOYAX	Difference
Sharpe ratio: Return per unit of total volatility	3.26	1.36	+1.89
Sortino ratio: Return per unit of downside risk	4.52	1.98	+2.53
Omega ratio: Gain probability vs. loss probability	1.57	1.24	+0.33
Calmar ratio: Return relative to maximum drawdown	4.26	1.89	+2.37
Martin ratio: Return relative to average drawdown	17.52	7.13	+10.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLVIX vs. BOYAX - Sharpe Ratio Comparison

The current SLVIX Sharpe Ratio is 3.26, which is higher than the BOYAX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of SLVIX and BOYAX, 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

	SLVIX	BOYAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.26	1.36	+1.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.28	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.45	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.39	+0.07

Drawdowns

SLVIX vs. BOYAX - Drawdown Comparison

The maximum SLVIX drawdown since its inception was -59.63%, roughly equal to the maximum BOYAX drawdown of -60.75%. Use the drawdown chart below to compare losses from any high point for SLVIX and BOYAX.

Drawdown Indicators

	SLVIX	BOYAX	Difference
Max Drawdown Largest peak-to-trough decline	-59.63%	-60.75%	+1.12%
Max Drawdown (1Y) Largest decline over 1 year	-9.00%	-8.64%	-0.36%
Max Drawdown (3Y) Largest decline over 3 years	-14.71%	-17.66%	+2.95%
Max Drawdown (5Y) Largest decline over 5 years	-18.35%	-29.61%	+11.26%
Max Drawdown (10Y) Largest decline over 10 years	-41.46%	-33.02%	-8.44%
Current Drawdown Current decline from peak	0.00%	-0.52%	+0.52%
Average Drawdown Average peak-to-trough decline	-8.29%	-8.56%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.29%	-0.11%

Volatility

SLVIX vs. BOYAX - Volatility Comparison

Columbia Select Large Cap Value Fund Institutional Class 2 (SLVIX) and Boyar Value Fund (BOYAX) have volatilities of 3.25% and 3.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVIX	BOYAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	3.17%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	8.83%	8.97%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	11.76%	11.98%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.90%	16.01%	-0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	16.42%	+2.26%

SLVIX vs. BOYAX - Expense Ratio Comparison

SLVIX has a 0.53% expense ratio, which is lower than BOYAX's 1.56% expense ratio.

Dividends

SLVIX vs. BOYAX - Dividend Comparison

SLVIX's dividend yield for the trailing twelve months is around 7.37%, more than BOYAX's 4.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOYAX Boyar Value Fund	4.28%	4.53%	7.87%	0.50%	0.52%	0.41%	1.85%	3.87%	5.20%	1.68%	1.79%	2.79%
SLVIX Columbia Select Large Cap Value Fund Institutional Class 2	7.37%	8.37%	3.62%	3.75%	1.62%	5.95%	7.47%	6.97%	5.02%	3.73%	6.95%	4.71%

Frequently Asked Questions

Can I hold both SLVIX and BOYAX in my portfolio?

SLVIX and BOYAX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLVIX or BOYAX?

SLVIX has higher volatility (3.25%) compared to BOYAX (3.17%). In terms of maximum drawdown, SLVIX dropped -59.63% vs BOYAX's -60.75%.

Which has better risk-adjusted returns?

SLVIX currently has the higher Sharpe Ratio (3.26 vs 1.36), 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.