CLMPX vs. CMTFX
CLMPX (Columbia Strategic California Municipal Income Fund) and CMTFX (Columbia Global Technology Growth Fund) are both mutual funds - CLMPX is a Municipal Bonds fund managed by Columbia, while CMTFX is a Technology Equities fund managed by Columbia. Over the past 10 years, CLMPX returned 1.45%/yr vs 23.12%/yr for CMTFX. Their -0.08 correlation means they have often moved in opposite directions in the past. CLMPX charges 0.73%/yr vs 0.92%/yr for CMTFX.
Performance
CLMPX vs. CMTFX - Performance Comparison
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Returns By Period
In the year-to-date period, CLMPX achieves a 0.62% return, which is significantly lower than CMTFX's 18.56% return. Over the past 10 years, CLMPX has underperformed CMTFX with an annualized return of 1.45%, while CMTFX has yielded a comparatively higher 23.12% annualized return.
CLMPX
- 1D
- -0.30%
- 1M
- -2.38%
- 6M
- 0.09%
- YTD
- 0.62%
- 1Y
- 6.05%
- 3Y*
- 3.93%
- 5Y*
- -0.36%
- 10Y*
- 1.45%
- ALL TIME*
- 4.09%
CMTFX
- 1D
- 5.75%
- 1M
- -3.70%
- 6M
- 16.23%
- YTD
- 18.56%
- 1Y
- 33.21%
- 3Y*
- 28.21%
- 5Y*
- 16.54%
- 10Y*
- 23.12%
- ALL TIME*
- 12.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CLMPX vs. CMTFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLMPX Columbia Strategic California Municipal Income Fund | 0.62% | 4.00% | 3.47% | 6.44% | -14.04% | 1.96% | 5.05% | 8.09% | 0.05% | 5.65% |
CMTFX Columbia Global Technology Growth Fund | 18.56% | 25.10% | 31.72% | 56.85% | -34.63% | 23.04% | 49.65% | 44.21% | -1.26% | 43.38% |
Correlation
The correlation between CLMPX and CMTFX is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.09 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2000 | -0.08 |
The correlation between CLMPX and CMTFX shifts across timeframes, from -0.08 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CLMPX vs. CMTFX — Risk / Return Rank
CLMPX
CMTFX
CLMPX vs. CMTFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Strategic California Municipal Income Fund (CLMPX) and Columbia Global Technology Growth Fund (CMTFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CLMPX | CMTFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.20 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.96 | +0.30 |
| Martin ratioReturn relative to average drawdown | 8.02 | 6.29 | +1.73 |
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Drawdowns
CLMPX vs. CMTFX - Drawdown Comparison
The maximum CLMPX drawdown since its inception was -20.64%, smaller than the maximum CMTFX drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for CLMPX and CMTFX.
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Drawdown Indicators
| CLMPX | CMTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.64% | -68.28% | +47.64% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -15.19% | +11.97% |
Max Drawdown (3Y)Largest decline over 3 years | -7.08% | -26.63% | +19.55% |
Max Drawdown (5Y)Largest decline over 5 years | -20.64% | -39.42% | +18.78% |
Max Drawdown (10Y)Largest decline over 10 years | -20.64% | -39.42% | +18.78% |
Current DrawdownCurrent decline from peak | -2.41% | -10.32% | +7.91% |
Average DrawdownAverage peak-to-trough decline | -2.82% | -16.23% | +13.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 4.74% | -3.84% |
Volatility
CLMPX vs. CMTFX - Volatility Comparison
The current volatility for Columbia Strategic California Municipal Income Fund (CLMPX) is 1.38%, while Columbia Global Technology Growth Fund (CMTFX) has a volatility of 10.69%. This indicates that CLMPX experiences smaller price fluctuations and is considered to be less risky than CMTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLMPX | CMTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 10.69% | -9.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 22.58% | -19.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 26.36% | -22.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.55% | 26.92% | -21.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.20% | 25.27% | -20.07% |
CLMPX vs. CMTFX - Expense Ratio Comparison
CLMPX has a 0.73% expense ratio, which is lower than CMTFX's 0.92% expense ratio.
Dividends
CLMPX vs. CMTFX - Dividend Comparison
CLMPX's dividend yield for the trailing twelve months is around 3.28%, more than CMTFX's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLMPX Columbia Strategic California Municipal Income Fund | 3.28% | 4.80% | 3.49% | 3.13% | 3.02% | 2.59% | 2.85% | 4.33% | 3.51% | 3.77% | 4.48% | 4.34% |
CMTFX Columbia Global Technology Growth Fund | 2.61% | 3.09% | 1.02% | 2.23% | 3.36% | 4.19% | 0.87% | 2.44% | 5.89% | 3.60% | 0.35% | 1.74% |
Frequently Asked Questions
CLMPX and CMTFX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMTFX has higher volatility (10.69%) compared to CLMPX (1.38%). In terms of maximum drawdown, CLMPX dropped -20.64% vs CMTFX's -68.28%.
CLMPX currently has the higher Sharpe Ratio (2.08 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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