TORYX vs. LBSAX

Last updated Aug 4, 2026

TORYX (Torray Equity Income Fund) and LBSAX (Columbia Dividend Income Fund Class A) are both Large Cap Value Equities funds. Over the past 10 years, TORYX returned 9.93%/yr vs 12.30%/yr for LBSAX. Their correlation of 0.91 means they have usually moved in the same direction. TORYX charges 1.07%/yr vs 0.90%/yr for LBSAX.

Performance

TORYX vs. LBSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Torray Equity Income Fund (TORYX) and Columbia Dividend Income Fund Class A (LBSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TORYX achieves a 16.89% return, which is significantly higher than LBSAX's 12.07% return. Over the past 10 years, TORYX has underperformed LBSAX with an annualized return of 9.93%, while LBSAX has yielded a comparatively higher 12.30% annualized return.

TORYX

• 1D: 0.29%
• 1M: 5.22%
• 6M: 14.45%
• YTD: 16.89%
• 1Y: 25.80%
• 3Y*: 16.60%
• 5Y*: 12.03%
• 10Y*: 9.93%
• ALL TIME*: 9.36%

LBSAX

• 1D: 0.02%
• 1M: 0.72%
• 6M: 7.07%
• YTD: 12.07%
• 1Y: 21.74%
• 3Y*: 15.10%
• 5Y*: 10.80%
• 10Y*: 12.30%
• ALL TIME*: 10.37%

*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)
LBSAX Columbia Dividend Income Fund Class A	$0.00	$0.00	$0.00
TORYX Torray Equity Income Fund	$0.00	$0.00	$0.00

TORYX vs. LBSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TORYX Torray Equity Income Fund	16.89%	14.89%	13.77%	12.57%	-0.69%	21.40%	-2.45%	19.89%	-10.59%	12.07%
LBSAX Columbia Dividend Income Fund Class A	12.07%	15.58%	14.73%	10.26%	-5.19%	25.97%	7.48%	27.84%	-4.62%	19.96%

Correlation

The correlation between TORYX and LBSAX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Nov 22, 2002	0.91

The correlation between TORYX and LBSAX shifts across timeframes, from 0.76 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TORYX vs. LBSAX — Risk / Return Rank

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

TORYX

TORYX Risk / Return Rank: 91
TORYX Sharpe Ratio Rank: 91
TORYX Sortino Ratio Rank: 91
TORYX Omega Ratio Rank: 84
TORYX Calmar Ratio Rank: 97
TORYX Martin Ratio Rank: 94

LBSAX

LBSAX Risk / Return Rank: 90
LBSAX Sharpe Ratio Rank: 90
LBSAX Sortino Ratio Rank: 89
LBSAX Omega Ratio Rank: 86
LBSAX Calmar Ratio Rank: 93
LBSAX Martin Ratio Rank: 93

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.

TORYX vs. LBSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Torray Equity Income Fund (TORYX) and Columbia Dividend Income Fund Class A (LBSAX). 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.

	TORYX	LBSAX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.30	+0.02
Sortino ratio: Return per unit of downside risk	3.47	3.36	+0.10
Omega ratio: Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio: Return relative to maximum drawdown	5.55	3.83	+1.72
Martin ratio: Return relative to average drawdown	15.44	14.56	+0.89

TORYX vs. LBSAX - Sharpe Ratio Comparison

The current TORYX Sharpe Ratio is 2.33, which is comparable to the LBSAX Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of TORYX and LBSAX, 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

TORYX vs. LBSAX - Drawdown Comparison

The maximum TORYX drawdown since its inception was -56.55%, which is greater than LBSAX's maximum drawdown of -47.89%. Use the drawdown chart below to compare losses from any high point for TORYX and LBSAX.

Drawdown Indicators

	TORYX	LBSAX	Difference
Max Drawdown Largest peak-to-trough decline	-56.55%	-47.89%	-8.66%
Max Drawdown (1Y) Largest decline over 1 year	-4.50%	-5.52%	+1.02%
Max Drawdown (3Y) Largest decline over 3 years	-14.64%	-13.03%	-1.61%
Max Drawdown (5Y) Largest decline over 5 years	-16.53%	-17.16%	+0.63%
Max Drawdown (10Y) Largest decline over 10 years	-38.31%	-32.82%	-5.49%
Current Drawdown Current decline from peak	-0.17%	-1.18%	+1.01%
Average Drawdown Average peak-to-trough decline	-7.31%	-5.22%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	1.46%	+0.16%

Volatility

TORYX vs. LBSAX - Volatility Comparison

Torray Equity Income Fund (TORYX) and Columbia Dividend Income Fund Class A (LBSAX) have volatilities of 2.39% and 2.41%, 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

	TORYX	LBSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.39%	2.41%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	7.66%	6.74%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	10.85%	9.22%	+1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.03%	13.22%	+1.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.55%	15.67%	+1.88%

TORYX vs. LBSAX - Expense Ratio Comparison

TORYX has a 1.07% expense ratio, which is higher than LBSAX's 0.90% expense ratio.

Dividends

TORYX vs. LBSAX - Dividend Comparison

TORYX's dividend yield for the trailing twelve months is around 28.54%, more than LBSAX's 4.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LBSAX Columbia Dividend Income Fund Class A	4.58%	5.11%	5.78%	4.72%	3.62%	2.65%	1.52%	2.68%	7.36%	3.83%	3.60%	8.01%
TORYX Torray Equity Income Fund	28.54%	32.38%	7.32%	6.47%	10.55%	10.80%	3.22%	2.66%	2.21%	7.34%	8.93%	4.30%

Frequently Asked Questions

Can I hold both TORYX and LBSAX in my portfolio?

TORYX and LBSAX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TORYX or LBSAX?

LBSAX has higher volatility (2.41%) compared to TORYX (2.39%). In terms of maximum drawdown, TORYX dropped -56.55% vs LBSAX's -47.89%.

Which has better risk-adjusted returns?

TORYX currently has the higher Sharpe Ratio (2.33 vs 2.30), 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.