CLMPX vs. CTCAX
CLMPX (Columbia Strategic California Municipal Income Fund) and CTCAX (Columbia Global Technology Growth Fund Class A) are both mutual funds - CLMPX is a Municipal Bonds fund managed by Columbia, while CTCAX is a Technology Equities fund managed by Columbia. Over the past 10 years, CLMPX returned 1.67%/yr vs 25.19%/yr for CTCAX. At a correlation of -0.08, they often move in opposite directions. CLMPX charges 0.73%/yr vs 1.18%/yr for CTCAX.
Performance
CLMPX vs. CTCAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CLMPX achieves a 2.24% return, which is significantly lower than CTCAX's 31.05% return. Over the past 10 years, CLMPX has underperformed CTCAX with an annualized return of 1.67%, while CTCAX has yielded a comparatively higher 25.19% annualized return.
CLMPX
- 1D
- 0.07%
- 1M
- 2.25%
- YTD
- 2.24%
- 6M
- 2.74%
- 1Y
- 7.72%
- 3Y*
- 4.61%
- 5Y*
- 0.15%
- 10Y*
- 1.67%
CTCAX
- 1D
- 0.16%
- 1M
- 7.90%
- YTD
- 31.05%
- 6M
- 29.88%
- 1Y
- 57.54%
- 3Y*
- 35.16%
- 5Y*
- 19.49%
- 10Y*
- 25.19%
CLMPX vs. CTCAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLMPX Columbia Strategic California Municipal Income Fund | 2.24% | 4.00% | 3.47% | 6.44% | -14.04% | 1.96% | 5.05% | 8.09% | 0.05% | 5.65% |
CTCAX Columbia Global Technology Growth Fund Class A | 31.05% | 24.78% | 31.39% | 56.46% | -34.81% | 22.73% | 49.46% | 43.91% | -1.48% | 42.99% |
Correlation
The correlation between CLMPX and CTCAX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2002 | -0.08 |
The correlation between CLMPX and CTCAX shifts across timeframes, from -0.08 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CLMPX vs. CTCAX — Risk / Return Rank
CLMPX
CTCAX
CLMPX vs. CTCAX - 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 Class A (CTCAX). 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 | CTCAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.42 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 4.11 | -1.65 |
| Martin ratioReturn relative to average drawdown | 8.50 | 14.63 | -6.13 |
Loading charts...
Drawdowns
CLMPX vs. CTCAX - Drawdown Comparison
The maximum CLMPX drawdown since its inception was -20.64%, smaller than the maximum CTCAX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for CLMPX and CTCAX.
Loading charts...
Drawdown Indicators
| CLMPX | CTCAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.64% | -61.04% | +40.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -14.43% | +11.21% |
Max Drawdown (3Y)Largest decline over 3 years | -8.26% | -26.67% | +18.41% |
Max Drawdown (5Y)Largest decline over 5 years | -20.64% | -39.55% | +18.91% |
Max Drawdown (10Y)Largest decline over 10 years | -20.64% | -39.55% | +18.91% |
Current DrawdownCurrent decline from peak | -0.27% | -0.76% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -2.83% | -10.67% | +7.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 4.05% | -3.12% |
Volatility
CLMPX vs. CTCAX - Volatility Comparison
The current volatility for Columbia Strategic California Municipal Income Fund (CLMPX) is 0.85%, while Columbia Global Technology Growth Fund Class A (CTCAX) has a volatility of 11.61%. This indicates that CLMPX experiences smaller price fluctuations and is considered to be less risky than CTCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CLMPX | CTCAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 11.61% | -10.76% |
Volatility (6M)Calculated over the trailing 6-month period | 2.51% | 19.35% | -16.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.35% | 23.45% | -20.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.50% | 26.38% | -20.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.19% | 25.06% | -19.87% |
CLMPX vs. CTCAX - Expense Ratio Comparison
CLMPX has a 0.73% expense ratio, which is lower than CTCAX's 1.18% expense ratio.
Dividends
CLMPX vs. CTCAX - Dividend Comparison
CLMPX's dividend yield for the trailing twelve months is around 3.53%, more than CTCAX's 2.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLMPX Columbia Strategic California Municipal Income Fund | 3.53% | 4.80% | 3.49% | 3.13% | 3.02% | 2.59% | 2.85% | 4.33% | 3.51% | 3.77% | 4.48% | 4.34% |
CTCAX Columbia Global Technology Growth Fund Class A | 2.51% | 3.29% | 1.08% | 2.36% | 3.53% | 4.15% | 0.91% | 2.55% | 5.82% | 3.52% | 0.36% | 1.80% |
Frequently Asked Questions
CLMPX and CTCAX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTCAX has higher volatility (11.61%) compared to CLMPX (0.85%). In terms of maximum drawdown, CLMPX dropped -20.64% vs CTCAX's -61.04%.
CTCAX currently has the higher Sharpe Ratio (2.54 vs 2.36), 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.
Find the right allocation for CLMPX and CTCAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer