UMBMX vs. IJH
UMBMX (Carillon Scout Mid Cap Fund) and IJH (iShares Core S&P Mid-Cap ETF) are both Mid Cap Blend Equities funds. Over the past 10 years, UMBMX returned 13.26%/yr vs 12.13%/yr for IJH. Their correlation of 0.94 suggests significant overlap in exposure. UMBMX charges 0.95%/yr vs 0.05%/yr for IJH.
Performance
UMBMX vs. IJH - Performance Comparison
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Returns By Period
In the year-to-date period, UMBMX achieves a 14.07% return, which is significantly lower than IJH's 16.41% return. Over the past 10 years, UMBMX has outperformed IJH with an annualized return of 13.26%, while IJH has yielded a comparatively lower 12.13% annualized return.
UMBMX
- 1D
- 0.43%
- 1M
- 0.95%
- YTD
- 14.07%
- 6M
- 12.32%
- 1Y
- 25.74%
- 3Y*
- 20.77%
- 5Y*
- 9.13%
- 10Y*
- 13.26%
IJH
- 1D
- 0.92%
- 1M
- 2.68%
- YTD
- 16.41%
- 6M
- 14.13%
- 1Y
- 26.90%
- 3Y*
- 16.39%
- 5Y*
- 8.61%
- 10Y*
- 12.13%
UMBMX vs. IJH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UMBMX Carillon Scout Mid Cap Fund | 14.07% | 15.46% | 22.93% | 12.73% | -17.31% | 15.69% | 27.28% | 20.76% | -9.83% | 24.04% |
IJH iShares Core S&P Mid-Cap ETF | 16.41% | 7.42% | 13.92% | 16.40% | -13.11% | 24.72% | 13.60% | 26.10% | -11.19% | 16.26% |
Correlation
The correlation between UMBMX and IJH is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2006 | 0.94 |
The correlation between UMBMX and IJH has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
UMBMX vs. IJH — Risk / Return Rank
UMBMX
IJH
UMBMX vs. IJH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carillon Scout Mid Cap Fund (UMBMX) and iShares Core S&P Mid-Cap ETF (IJH). 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.
| UMBMX | IJH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 3.06 | -0.38 |
| Martin ratioReturn relative to average drawdown | 10.50 | 11.18 | -0.68 |
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Drawdowns
UMBMX vs. IJH - Drawdown Comparison
The maximum UMBMX drawdown since its inception was -49.91%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for UMBMX and IJH.
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Drawdown Indicators
| UMBMX | IJH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.91% | -55.07% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.19% | -8.83% | -0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -24.10% | +4.69% |
Max Drawdown (5Y)Largest decline over 5 years | -26.30% | -24.10% | -2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -36.91% | -42.18% | +5.27% |
Current DrawdownCurrent decline from peak | -1.04% | 0.00% | -1.04% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -7.55% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.41% | -0.06% |
Volatility
UMBMX vs. IJH - Volatility Comparison
Carillon Scout Mid Cap Fund (UMBMX) has a higher volatility of 5.30% compared to iShares Core S&P Mid-Cap ETF (IJH) at 4.57%. This indicates that UMBMX's price experiences larger fluctuations and is considered to be riskier than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UMBMX | IJH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 4.57% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 11.75% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 15.87% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.80% | 19.76% | -1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 21.16% | -2.04% |
UMBMX vs. IJH - Expense Ratio Comparison
UMBMX has a 0.95% expense ratio, which is higher than IJH's 0.05% expense ratio.
Dividends
UMBMX vs. IJH - Dividend Comparison
UMBMX's dividend yield for the trailing twelve months is around 9.02%, more than IJH's 1.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJH iShares Core S&P Mid-Cap ETF | 1.16% | 1.36% | 1.33% | 1.46% | 1.68% | 1.18% | 1.28% | 1.63% | 1.72% | 1.19% | 1.60% | 1.56% |
UMBMX Carillon Scout Mid Cap Fund | 9.02% | 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
With a correlation of 0.94, UMBMX and IJH 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.
UMBMX has higher volatility (5.30%) compared to IJH (4.57%). In terms of maximum drawdown, UMBMX dropped -49.91% vs IJH's -55.07%.
IJH currently has the higher Sharpe Ratio (1.71 vs 1.65), 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.
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