SMGIX vs. AFNIX

Last updated Jun 23, 2026

SMGIX (Columbia Contrarian Core Fund) and AFNIX (AAM/Bahl & Gaynor Income Growth Fund Class I) are both Large Cap Blend Equities funds. Their correlation of 0.85 suggests significant overlap in exposure. SMGIX charges 0.75%/yr vs 0.83%/yr for AFNIX.

Performance

SMGIX vs. AFNIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Contrarian Core Fund (SMGIX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMGIX

• 1D: 1.27%
• 1M: 1.47%
• YTD: 9.02%
• 6M: 8.71%
• 1Y: 25.38%
• 3Y*: 20.39%
• 5Y*: 13.32%
• 10Y*: 14.79%

AFNIX

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

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

SMGIX vs. AFNIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMGIX Columbia Contrarian Core Fund	9.02%	17.35%	23.33%	32.12%	-18.64%	24.18%	22.21%	32.95%	-8.95%	20.57%
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	1.74%	11.36%	16.23%	6.59%	-8.77%	25.23%	6.60%	25.71%	-1.98%	19.51%

Correlation

The correlation between SMGIX and AFNIX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.85

Over the past year, the correlation between SMGIX and AFNIX has dropped to 0.49 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

SMGIX vs. AFNIX — Risk / Return Rank

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

SMGIX

SMGIX Risk / Return Rank: 49
SMGIX Sharpe Ratio Rank: 50
SMGIX Sortino Ratio Rank: 45
SMGIX Omega Ratio Rank: 49
SMGIX Calmar Ratio Rank: 47
SMGIX Martin Ratio Rank: 52

AFNIX

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.

SMGIX vs. AFNIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Contrarian Core Fund (SMGIX) and AAM/Bahl & Gaynor Income Growth Fund Class I (AFNIX). 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.

	SMGIX	AFNIX	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.61	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.51	—	—
Martin ratio: Return relative to average drawdown	10.06	—	—

Drawdowns

Drawdown Indicators

	SMGIX	AFNIX	Difference
Max Drawdown Largest peak-to-trough decline	-50.62%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.99%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.20%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.45%	—	—
Current Drawdown Current decline from peak	-1.31%	—	—
Average Drawdown Average peak-to-trough decline	-6.73%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	—	—

Volatility

Volatility by Period

	SMGIX	AFNIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.94%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.03%	—	—

SMGIX vs. AFNIX - Expense Ratio Comparison

SMGIX has a 0.75% expense ratio, which is lower than AFNIX's 0.83% expense ratio.

Dividends

SMGIX vs. AFNIX - Dividend Comparison

SMGIX's dividend yield for the trailing twelve months is around 6.78%, less than AFNIX's 31.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFNIX AAM/Bahl & Gaynor Income Growth Fund Class I	31.18%	14.13%	6.88%	3.43%	4.61%	1.78%	1.75%	2.13%	2.04%	1.72%	1.79%	2.66%
SMGIX Columbia Contrarian Core Fund	6.78%	7.39%	9.69%	3.08%	10.61%	13.70%	7.69%	5.87%	10.17%	4.89%	0.76%	5.86%

Frequently Asked Questions

Can I hold both SMGIX and AFNIX in my portfolio?

SMGIX and AFNIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.