CCOYX vs. TOWTX

Last updated Apr 1, 2026

Compare and contrast key facts about Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX) and Towpath Technology Fund (TOWTX).

CCOYX is an actively managed fund by Columbia. It was launched on Jun 23, 1983. TOWTX is managed by Oelschlager Investments. It was launched on Feb 2, 2021.

Performance

CCOYX vs. TOWTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX) and Towpath Technology Fund (TOWTX). The values are adjusted to include any dividend payments, if applicable.

CCOYX vs. TOWTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CCOYX Columbia Seligman Technology and Information Fund Institutional 3 Class	0.25%	37.79%	27.11%	44.77%	-30.92%	34.41%
TOWTX Towpath Technology Fund	-9.57%	9.55%	12.82%	29.78%	-15.96%	17.73%

Returns By Period

In the year-to-date period, CCOYX achieves a 0.25% return, which is significantly higher than TOWTX's -9.57% return.

CCOYX

• 1D: -2.98%
• 1M: -9.31%
• YTD: 0.25%
• 6M: 5.33%
• 1Y: 58.69%
• 3Y*: 29.72%
• 5Y*: 16.92%
• 10Y*: —

TOWTX

• 1D: -0.07%
• 1M: -5.09%
• YTD: -9.57%
• 6M: -7.05%
• 1Y: 3.98%
• 3Y*: 10.31%
• 5Y*: 6.11%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCOYX vs. TOWTX - Expense Ratio Comparison

CCOYX has a 0.82% expense ratio, which is lower than TOWTX's 1.10% expense ratio.

TOWTX

Towpath Technology Fund

CCOYX

Columbia Seligman Technology and Information Fund Institutional 3 Class

Return for Risk

CCOYX vs. TOWTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCOYX

CCOYX Risk / Return Rank: 91
CCOYX Sharpe Ratio Rank: 91
CCOYX Sortino Ratio Rank: 88
CCOYX Omega Ratio Rank: 84
CCOYX Calmar Ratio Rank: 96
CCOYX Martin Ratio Rank: 95

TOWTX

TOWTX Risk / Return Rank: 9
TOWTX Sharpe Ratio Rank: 9
TOWTX Sortino Ratio Rank: 9
TOWTX Omega Ratio Rank: 9
TOWTX Calmar Ratio Rank: 9
TOWTX Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCOYX vs. TOWTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX) and Towpath Technology Fund (TOWTX). 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.

	CCOYX	TOWTX	Difference
Sharpe ratio Return per unit of total volatility	1.92	0.23	+1.69
Sortino ratio Return per unit of downside risk	2.48	0.45	+2.03
Omega ratio Gain probability vs. loss probability	1.35	1.06	+0.29
Calmar ratio Return relative to maximum drawdown	3.58	0.16	+3.42
Martin ratio Return relative to average drawdown	13.62	0.51	+13.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCOYX vs. TOWTX - Sharpe Ratio Comparison

The current CCOYX Sharpe Ratio is 1.92, which is higher than the TOWTX Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of CCOYX and TOWTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCOYX	TOWTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	0.23	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.00	+0.65
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.00	+0.82

Correlation

The correlation between CCOYX and TOWTX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CCOYX vs. TOWTX - Dividend Comparison

CCOYX's dividend yield for the trailing twelve months is around 8.06%, more than TOWTX's 1.88% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCOYX Columbia Seligman Technology and Information Fund Institutional 3 Class	8.06%	8.08%	12.32%	4.60%	8.17%	10.62%	9.52%	10.61%	11.42%	10.60%
TOWTX Towpath Technology Fund	1.88%	1.70%	3.55%	0.42%	0.57%	0.66%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CCOYX vs. TOWTX - Drawdown Comparison

The maximum CCOYX drawdown since its inception was -37.16%, smaller than the maximum TOWTX drawdown of -98.79%. Use the drawdown chart below to compare losses from any high point for CCOYX and TOWTX.

Drawdown Indicators

	CCOYX	TOWTX	Difference
Max Drawdown Largest peak-to-trough decline	-37.16%	-98.79%	+61.63%
Max Drawdown (1Y) Largest decline over 1 year	-14.88%	-11.62%	-3.26%
Max Drawdown (5Y) Largest decline over 5 years	-37.16%	-98.79%	+61.63%
Current Drawdown Current decline from peak	-11.91%	-98.60%	+86.69%
Average Drawdown Average peak-to-trough decline	-7.82%	-26.18%	+18.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	3.60%	+0.31%

Volatility

CCOYX vs. TOWTX - Volatility Comparison

Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX) has a higher volatility of 9.50% compared to Towpath Technology Fund (TOWTX) at 4.10%. This indicates that CCOYX's price experiences larger fluctuations and is considered to be riskier than TOWTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCOYX	TOWTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.50%	4.10%	+5.40%
Volatility (6M) Calculated over the trailing 6-month period	21.01%	11.08%	+9.93%
Volatility (1Y) Calculated over the trailing 1-year period	30.59%	18.27%	+12.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.96%	3,101.36%	-3,075.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.70%	3,035.66%	-3,008.96%