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Columbia Global Technology Growth Fund (CMTFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities (including, but not limited to, common stocks, preferred stocks and securities convertible into common or preferred stocks) of technology companies that may benefit from technological improvements, advancements or developments. It invests at least 25% of the value of its total net assets at the time of purchase in the securities of issuers conducting their principal business activities in the technology and related group of industries.

Looking to diversify beyond CMTFX? The mutual funds below have the lowest correlation with CMTFX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CMTFX.

Best Diversifiers for CMTFX

15 mutual funds have low correlation with CMTFX (below 0.3), 1 of which are negatively correlated. The least correlated is Columbia Ultra Short Term Bond Fund (CMGUX) (Ultrashort Bond) with a 1Y correlation of -0.03, roughly unchanged from 0.03 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CMGUX
Columbia Ultra Short Term Bond Fund-0.030.020.03
99
Ultrashort BondCMTFX vs CMGUX
GNYTX
Columbia New York Intermediate Municipal Bond Fund0.090.080.09
74
Municipal BondsCMTFX vs GNYTX
NCMAX
Columbia California Intermediate Municipal Bond Fu...0.110.060.08
69
Municipal BondsCMTFX vs NCMAX
SEMAX
Columbia Massachusetts Intermediate Municipal Bond...0.110.070.08
73
Municipal BondsCMTFX vs SEMAX
CLMPX
Columbia Strategic California Municipal Income Fun...0.110.060.08
67
Municipal BondsCMTFX vs CLMPX
See all 83 diversifiers for CMTFX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CMTFX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMTFX and solid risk/return profiles. The least correlated is Meta Financial Group, Inc. (CASH) (Financial Services) with a 1Y correlation of 0.20, down from 0.40 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
CASH
Meta Financial Group, Inc.0.200.270.40
54
Financial Services
AAPL
Apple Inc0.390.480.64
88
Technology

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