UMBHX vs. UMBMX

Last updated Jun 6, 2026

UMBHX (Carillon Scout Small Cap Fund) and UMBMX (Carillon Scout Mid Cap Fund) are both mutual funds - UMBHX is a Small Cap Growth Equities fund managed by Carillon Family of Funds, while UMBMX is a Mid Cap Blend Equities fund managed by Carillon Family of Funds. With a 1.00 correlation, they move nearly in lockstep. UMBHX charges 0.90%/yr vs 0.95%/yr for UMBMX.

Performance

UMBHX vs. UMBMX - Performance Comparison

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

Returns By Period

UMBHX

• 1D: 0.87%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UMBMX

• 1D: 0.43%
• 1M: 0.33%
• YTD: 14.24%
• 6M: 13.19%
• 1Y: 27.55%
• 3Y*: 21.46%
• 5Y*: 9.22%
• 10Y*: 12.89%

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

UMBHX vs. UMBMX - Yearly Performance Comparison

	2026 (YTD)
UMBHX Carillon Scout Small Cap Fund	1.60%
UMBMX Carillon Scout Mid Cap Fund	1.09%

Correlation

The correlation between UMBHX and UMBMX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	1.00

Return for Risk

UMBHX vs. UMBMX — Risk / Return Rank

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

UMBMX

UMBMX Risk / Return Rank: 52
UMBMX Sharpe Ratio Rank: 46
UMBMX Sortino Ratio Rank: 45
UMBMX Omega Ratio Rank: 42
UMBMX Calmar Ratio Rank: 64
UMBMX Martin Ratio Rank: 62

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.

UMBHX vs. UMBMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon Scout Small Cap Fund (UMBHX) and Carillon Scout Mid Cap Fund (UMBMX). 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.

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

Sharpe Ratios by Period

	UMBHX	UMBMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.91	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	6.25	0.58	+5.67

Drawdowns

UMBHX vs. UMBMX - Drawdown Comparison

The maximum UMBHX drawdown since its inception was -1.86%, smaller than the maximum UMBMX drawdown of -49.91%. Use the drawdown chart below to compare losses from any high point for UMBHX and UMBMX.

Drawdown Indicators

	UMBHX	UMBMX	Difference
Max Drawdown Largest peak-to-trough decline	-1.86%	-49.91%	+48.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.91%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.50%	-7.10%	+6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	UMBHX	UMBMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	14.36%	+7.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.98%	17.73%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.98%	19.10%	+2.88%

UMBHX vs. UMBMX - Expense Ratio Comparison

UMBHX has a 0.90% expense ratio, which is lower than UMBMX's 0.95% expense ratio.

Dividends

UMBHX vs. UMBMX - Dividend Comparison

UMBHX has not paid dividends to shareholders, while UMBMX's dividend yield for the trailing twelve months is around 9.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UMBMX Carillon Scout Mid Cap Fund	9.01%	10.29%	15.75%	0.17%	4.21%	11.54%	2.40%	0.74%	8.09%	8.38%	2.39%	8.74%

Frequently Asked Questions

Can I hold both UMBHX and UMBMX in my portfolio?

With a correlation of 1.00, UMBHX and UMBMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.