STK vs. AVALX

Last updated Aug 4, 2026

STK (Columbia Seligman Premium Technology Growth Fund) and AVALX (Aegis Value Fund Class I) are both mutual funds - STK is a Technology Equities fund actively managed by Columbia, while AVALX is a Small Cap Value Equities fund actively managed by Aegis. Both are actively managed. Over the past 10 years, STK returned 22.11%/yr vs 19.30%/yr for AVALX. Their 0.41 correlation means their historical movements had little consistent relationship. STK charges 1.12%/yr vs 1.36%/yr for AVALX.

Performance

STK vs. AVALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Premium Technology Growth Fund (STK) and Aegis Value Fund Class I (AVALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STK achieves a 37.62% return, which is significantly higher than AVALX's 17.05% return. Over the past 10 years, STK has outperformed AVALX with an annualized return of 22.11%, while AVALX has yielded a comparatively lower 19.30% annualized return.

STK

• 1D: 1.00%
• 1M: -3.86%
• 6M: 24.49%
• YTD: 37.62%
• 1Y: 74.26%
• 3Y*: 30.64%
• 5Y*: 19.12%
• 10Y*: 22.11%
• ALL TIME*: 16.75%

AVALX

• 1D: 0.03%
• 1M: 4.64%
• 6M: 7.69%
• YTD: 17.05%
• 1Y: 51.65%
• 3Y*: 29.88%
• 5Y*: 22.71%
• 10Y*: 19.30%
• ALL TIME*: 11.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVALX Aegis Value Fund Class I	$0.00	$0.00	$0.00
STK Columbia Seligman Premium Technology Growth Fund	$3.39M	$2.89M	$3.63M

STK vs. AVALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STK Columbia Seligman Premium Technology Growth Fund	37.62%	24.85%	17.74%	46.60%	-30.36%	48.63%	25.39%	52.73%	-14.91%	33.52%
AVALX Aegis Value Fund Class I	17.05%	67.06%	8.29%	13.11%	10.50%	37.67%	18.89%	25.67%	-16.95%	17.37%

Correlation

The correlation between STK and AVALX is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.38
Correlation (3Y) Balances recent behavior with more history.	0.35
Correlation (5Y) Shows whether the relationship held over a longer period.	0.41
Correlation (10Y) Provides a long-term view across more market conditions.	0.39
Correlation (All Time) Calculated using the full available price history since Nov 27, 2009	0.41

Return for Risk

STK vs. AVALX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STK

STK Risk / Return Rank: 89
STK Sharpe Ratio Rank: 95
STK Sortino Ratio Rank: 85
STK Omega Ratio Rank: 84
STK Calmar Ratio Rank: 91
STK Martin Ratio Rank: 90

AVALX

AVALX Risk / Return Rank: 94
AVALX Sharpe Ratio Rank: 97
AVALX Sortino Ratio Rank: 92
AVALX Omega Ratio Rank: 91
AVALX Calmar Ratio Rank: 97
AVALX Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STK vs. AVALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Premium Technology Growth Fund (STK) and Aegis Value Fund Class I (AVALX). 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.

	STK	AVALX	Difference
Sharpe ratio: Return per unit of total volatility	2.57	2.93	-0.36
Sortino ratio: Return per unit of downside risk	3.07	3.58	-0.51
Omega ratio: Gain probability vs. loss probability	1.41	1.50	-0.09
Calmar ratio: Return relative to maximum drawdown	3.57	5.10	-1.53
Martin ratio: Return relative to average drawdown	12.93	15.07	-2.14

STK vs. AVALX - Sharpe Ratio Comparison

The current STK Sharpe Ratio is 2.57, which is comparable to the AVALX Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of STK and AVALX, 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

STK vs. AVALX - Drawdown Comparison

The maximum STK drawdown since its inception was -41.74%, smaller than the maximum AVALX drawdown of -73.72%. Use the drawdown chart below to compare losses from any high point for STK and AVALX.

Drawdown Indicators

	STK	AVALX	Difference
Max Drawdown Largest peak-to-trough decline	-41.74%	-73.72%	+31.98%
Max Drawdown (1Y) Largest decline over 1 year	-20.93%	-10.12%	-10.81%
Max Drawdown (3Y) Largest decline over 3 years	-26.59%	-13.59%	-13.00%
Max Drawdown (5Y) Largest decline over 5 years	-36.27%	-32.00%	-4.27%
Max Drawdown (10Y) Largest decline over 10 years	-41.74%	-48.34%	+6.60%
Current Drawdown Current decline from peak	-14.04%	-4.61%	-9.43%
Average Drawdown Average peak-to-trough decline	-7.44%	-10.92%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	3.42%	+2.34%

Volatility

STK vs. AVALX - Volatility Comparison

Columbia Seligman Premium Technology Growth Fund (STK) has a higher volatility of 10.63% compared to Aegis Value Fund Class I (AVALX) at 4.75%. This indicates that STK's price experiences larger fluctuations and is considered to be riskier than AVALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STK	AVALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.63%	4.75%	+5.88%
Volatility (6M) Calculated over the trailing 6-month period	25.35%	13.68%	+11.67%
Volatility (1Y) Calculated over the trailing 1-year period	29.07%	17.60%	+11.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.23%	22.17%	+4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.66%	22.14%	+4.52%

STK vs. AVALX - Expense Ratio Comparison

STK has a 1.12% expense ratio, which is lower than AVALX's 1.36% expense ratio.

Dividends

STK vs. AVALX - Dividend Comparison

STK's dividend yield for the trailing twelve months is around 5.48%, more than AVALX's 2.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVALX Aegis Value Fund Class I	2.00%	2.34%	7.07%	2.23%	0.16%	0.00%	6.62%	2.36%	6.18%	0.00%	1.45%	0.04%
STK Columbia Seligman Premium Technology Growth Fund	5.48%	7.38%	16.02%	6.70%	12.62%	8.48%	6.79%	7.86%	14.88%	11.82%	9.87%	10.32%

Frequently Asked Questions

Can I hold both STK and AVALX in my portfolio?

STK and AVALX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STK or AVALX?

STK has higher volatility (10.63%) compared to AVALX (4.75%). In terms of maximum drawdown, STK dropped -41.74% vs AVALX's -73.72%.

Which has better risk-adjusted returns?

AVALX currently has the higher Sharpe Ratio (2.93 vs 2.57), 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.