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 | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | CLMVX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | CLMVX vs PMOTX | |
| 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 35. There are 56 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | CLMVX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | 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 | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | CLMVX vs DFLEX |
Top Performing CLMVX Alternatives (YTD)
CLMVX is at 0.66% YTD. There are 59 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.67% | — | Aug 2010 | CLMVX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.69% | — | Apr 2015 | CLMVX vs PMOTX | |
| Anchor Risk Managed Credit Strategies Fund | 4.38% | — | Sep 2015 | CLMVX vs ATCSX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | CLMVX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | CLMVX vs APFPX |
Lowest Volatility Alternatives to CLMVX
CLMVX has 4.14% 1-year volatility. There are 62 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | CLMVX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | CLMVX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | CLMVX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | CLMVX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | CLMVX vs BGCIX |
Lowest Drawdown Alternatives to CLMVX
CLMVX has a 1-year max drawdown of -3.20%. There are 59 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 | |
| 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 | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | CLMVX vs PADZX |
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 | 97 | 58.65% | — | Jun 1983 | CLMVX vs SLMCX | |
| Columbia Dividend Income Fund | Large Cap Value Equities | 68 | 8.09% | — | Mar 1998 | CLMVX vs GSFTX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | Large Cap Value Equities, Dividend | 68 | 8.15% | — | Nov 2012 | CLMVX vs CDDYX | |
| Columbia Dividend Income Fund Class A | Large Cap Value Equities | 66 | 7.98% | — | Nov 2002 | CLMVX vs LBSAX | |
| Columbia Seligman Global Technology Fund | Technology Equities | 97 | 58.37% | — | May 1994 | CLMVX vs SHGTX | |
| Columbia Global Technology Growth Fund Class A | Technology Equities, Large Cap Growth Equities | 83 | 32.06% | — | Nov 2000 | CLMVX vs CTCAX | |
| Columbia Global Technology Growth Fund | Technology Equities | 84 | 32.19% | — | Nov 2000 | CLMVX vs CMTFX | |
| Columbia Contrarian Core Fund | Large Cap Blend Equities | 58 | 10.46% | — | Dec 1992 | CLMVX vs SMGIX | |
| Columbia Balanced Fund | Diversified Portfolio | 64 | 6.82% | — | Sep 1991 | CLMVX vs CBALX | |
| Columbia Overseas Value Fund | Foreign Large Cap Equities | 41 | 7.46% | — | Mar 2008 | CLMVX vs COSZX |
Often Compared With CLMVX
Investors most often compare CLMVX with PMZIX, QQQ, XDTE. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Mortgage Opportunities and Bond Fund | Nontraditional Bonds | 47 | 1.04% | — | Oct 2012 | CLMVX vs PMZIX | |
| Invesco QQQ ETF | Nasdaq-100 | 73 | 21.30% | 493.99B | Mar 1999 | CLMVX vs QQQ | |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | Derivative Income, S&P 500 | 70 | 8.83% | 334.13M | Mar 2024 | CLMVX vs XDTE | |
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.42% | — | Jun 2013 | CLMVX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 49 | 0.38% | — | Aug 2013 | CLMVX vs TUIFX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 20 | 2.36% | — | Sep 2008 | CLMVX vs TTRZX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.43% | — | Sep 2013 | CLMVX vs WAVLX | |
| T. Rowe Price Dynamic Credit Fund | Nontraditional Bonds | 76 | 0.16% | — | Jan 2019 | CLMVX vs RPIDX | |
| T. Rowe Price Dynamic Global Bond Fund | Nontraditional Bonds | 18 | 2.75% | — | Jan 2015 | CLMVX vs RPIEX |
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