Columbia Mortgage Opportunities Fund (CLMVX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CLMVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLMVX
CLMVX charges 0.70% annually. There are 12 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | CLMVX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | CLMVX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | CLMVX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | CLMVX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | CLMVX vs PUTIX |
Best Risk-Adjusted Alternatives to CLMVX
CLMVX has a PortfoliosLab risk / return rank of 33. There are 53 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | CLMVX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | CLMVX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | CLMVX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | CLMVX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | CLMVX vs APFPX |
Top Performing CLMVX Alternatives (YTD)
CLMVX is at 0.13% YTD. There are 63 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.21% | — | Aug 2010 | CLMVX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.58% | — | Apr 2015 | CLMVX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.19% | — | Jun 2007 | CLMVX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.57% | — | Mar 2022 | CLMVX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.17% | — | Jul 2021 | CLMVX vs CELFX |
Lowest Volatility Alternatives to CLMVX
CLMVX has 4.19% 1-year volatility. There are 63 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | CLMVX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | CLMVX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.21% | — | Jan 2023 | CLMVX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.33% | — | Oct 2011 | CLMVX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.33% | — | Sep 2011 | CLMVX vs BGCIX |
Lowest Drawdown Alternatives to CLMVX
CLMVX has a 1-year max drawdown of -3.20%. There are 60 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | CLMVX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | CLMVX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | CLMVX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | CLMVX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | CLMVX vs GMODX |
Other Mutual Funds from Columbia
The 10 most viewed Columbia mutual funds shown here include SLMCX, GSFTX, CDDYX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Columbia Seligman Technology and Information Fund | Technology Equities | 94 | 49.58% | — | Jun 1983 | CLMVX vs SLMCX | |
| Columbia Dividend Income Fund | Large Cap Value Equities | 89 | 11.64% | — | Mar 1998 | CLMVX vs GSFTX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | Large Cap Value Equities, Dividend | 89 | 11.73% | — | Nov 2012 | CLMVX vs CDDYX | |
| Columbia Dividend Income Fund Class A | Large Cap Value Equities | 88 | 11.51% | — | Nov 2002 | CLMVX vs LBSAX | |
| Columbia Seligman Global Technology Fund | Technology Equities | 94 | 48.54% | — | May 1994 | CLMVX vs SHGTX | |
| Columbia Global Technology Growth Fund Class A | Technology Equities, Large Cap Growth Equities | 54 | 24.54% | — | Nov 2000 | CLMVX vs CTCAX | |
| Columbia Global Technology Growth Fund | Technology Equities | 55 | 24.70% | — | Nov 2000 | CLMVX vs CMTFX | |
| Columbia Contrarian Core Fund | Large Cap Blend Equities | 51 | 10.85% | — | Dec 1992 | CLMVX vs SMGIX | |
| Columbia Balanced Fund | Diversified Portfolio | 57 | 7.02% | — | Sep 1991 | CLMVX vs CBALX | |
| Columbia Overseas Value Fund | Foreign Large Cap Equities | 51 | 7.42% | — | Mar 2008 | CLMVX vs COSZX |
Often Compared With CLMVX
Investors most often compare CLMVX with PMZIX, QQQ, XDTE. These 12 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CLMVX with Any Fund or Stock
Compare CLMVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLMVX with funds that move differently
Columbia Mortgage Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLMVX.
Explore CLMVX Diversifiers