ETF Evaluator:
Columbia Diversified Fixed Inc Allc ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Multisector Bond Over the Last Year
| 7.3% | Eaton Vance Income Opportunities ETF (XAGG) |
| 7.1% | Bluemonte Diversified Income ETF (BLUI) |
| 7.0% | Rareview Dynamic Fixed Income ETF (RDFI) |
| 6.3% | FolioBeyond Enhanced Fixed Inc Prm ETF (FIXP) |
| 5.6% | Neuberger Flexible Credit Income ETF (NBFC) |
Risk
Index
Risk
Index
ETF Details
Columbia Diversified Fixed Inc Allc ETF Overview
Columbia Diversified Fixed Inc Allc ETF (DIAL) is a passively managed Taxable Bond Multisector Bond exchange-traded fund (ETF). Columbia Threadneedle launched the ETF in 2017.
The investment seeks investment results that closely correspond to the performance of the Beta Advantage® Multi-Sector Bond Index.
The fund invests at least 80% of its assets in securities within the index or in securities, that the fund’s investment adviser determines have economic characteristics that are substantially the same as the economic characteristics of the securities within the index. The index reflects a rules-based multi-sector strategic beta approach to measuring the performance of the debt market through representation of six segments of the debt market in the index, each focused on yield, quality, and liquidity of the particular segment.
About Columbia Diversified Fixed Inc Allc ETF (DIAL)
There are 2 members of the management team with an average tenure of 8.81 years: Gene Tannuzzo (2017) and David Janssen (2017). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg Beta Advt Multi-Sector TR USD index with a weighting of 100%. Columbia Diversified Fixed Inc Allc ETF has 665 securities in its portfolio. The top 10 holdings constitute 28.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Columbia Diversified Fixed Inc Allc ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Columbia Diversified Fixed Inc Allc ETF has 29.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 87.0% (57.9% domestic bond, 29.1% foreign bond and 0.0% convertible bond). Columbia Diversified Fixed Inc Allc ETF has 13.0% of the portfolio in cash.
Assets Under Management
The fund has $386 million in total assets, which is below the $1 billion average for the Multisector Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DIAL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Columbia Diversified Fixed Inc Allc ETF expense ratio is below average compared to funds in the Multisector Bond category. Columbia Diversified Fixed Inc Allc ETF has an expense ratio of 0.29%, which is 56% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Columbia Diversified Fixed Inc Allc ETF has a portfolio turnover rate of 199%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 163% for the Multisector Bond category.
Recently, in the month of July 2026, Columbia Diversified Fixed Inc Allc ETF returned -1.2%, which earned it a grade of F, as the Multisector Bond category had an average return of -0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Columbia Diversified Fixed Inc Allc ETF has a trailing yield of 5.13%, which is below the 5.63% category average.
The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Columbia Diversified Fixed Inc Allc ETF Grades
Year to date, the ETF has returned 0.0%, 1.2 percentage points worse than the category, which translates into a grade of F. The fund has returned 3.9% over the past year (grade of D), 5.3% over the past three years (grade of D) and 0.3% per year over the past five years (grade of F).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Columbia Diversified Fixed Inc Allc ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
DIAL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DIAL Return (NAV) | -1.2% | -0.5% | 3.9% | 5.3% | 0.3% | na |
| DIAL Return (Price) | -1.1% | -0.6% | 4.0% | 5.3% | 0.2% | na |
| NAV +/- Price Return | -0.139% | 0.024% | -0.085% | -0.015% | 0.032% | na |
| Multisector Bond Avg | -0.5% | 0.3% | 4.5% | 6.2% | 1.8% | 3.1% |
| DIAL Grade (NAV) | F | F | D | D | F | na |
| +/- Category (NAV) | -0.7% | -0.8% | -0.6% | -0.9% | -1.5% | na |
| DIAL Tax-Cost Ratio | na | na | 2.0% | 1.9% | 1.7% | na |
DIAL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DIAL Return (NAV) | 0.0% | 9.8% | 1.9% | 8.5% | -15.9% | -1.0% | 8.8% | 13.5% | -1.5% | na | na |
| DIAL Return (Price) | 0.1% | 9.9% | 1.7% | 8.5% | -16.1% | -1.1% | 9.1% | 14.0% | -2.0% | na | na |
| NAV +/- Price Ret | 1.833% | 0.015% | -0.095% | 0.006% | 0.017% | 0.176% | 0.031% | 3.7% | 29.7% | na | na |
| Multisector Bond Avg | 1.3% | 7.6% | 5.5% | 8.2% | -10.8% | 3.0% | 4.7% | 10.6% | -1.8% | 5.9% | 7.4% |
| DIAL Grade (NAV) | F | A | F | C | F | F | A | B | C | na | na |
| +/- Category | -1.2% | 2.1% | -3.6% | 0.2% | -5.0% | -4.0% | 4.1% | 2.9% | 0.2% | na | na |
| Risk Measures | |
| Beta: | 1.10 |
| R-Squared: | 95% |
| Standard Deviation: | 6.3% |
| Category Risk Index: | 1.34 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.52 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 5.1% |
| Total Assets: | $ 386 Mil |
| Share Class Assets: | $ 386 Mil |
| Turnover: | 199.0% |
| Expense Ratio: | 0.29% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 8.8 years | |||
| Average Tenure: 8.8 years | |||
| Managers (Year): Tannuzzo Gene (2017), Janssen David (2017) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 665 |
| % in Top 10 Holdings: | 28.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 29.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 57.9% |
| Foreign Bond: | 29.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 13.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Columbia Threadneedle |
| Phone Number: | 800-426-3750 |
| Website: | |
| Inception Date: | October 12, 2017 |
Expenses and Fees
| Expense Ratio (%): | 0.29% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.65% |
