CLMVX vs. MTGDX
Compare and contrast key facts about Columbia Mortgage Opportunities Fund (CLMVX) and Morgan Stanley Mortgage Securities Trust (MTGDX).
CLMVX is managed by Columbia. It was launched on Apr 29, 2014. MTGDX is managed by Morgan Stanley. It was launched on Jul 28, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLMVX or MTGDX.
Correlation
The correlation between CLMVX and MTGDX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CLMVX vs. MTGDX - Performance Comparison
Key characteristics
CLMVX:
1.83
MTGDX:
2.87
CLMVX:
2.70
MTGDX:
4.26
CLMVX:
1.34
MTGDX:
1.57
CLMVX:
0.75
MTGDX:
5.67
CLMVX:
4.51
MTGDX:
14.70
CLMVX:
2.71%
MTGDX:
0.92%
CLMVX:
6.69%
MTGDX:
4.72%
CLMVX:
-22.58%
MTGDX:
-12.97%
CLMVX:
-4.46%
MTGDX:
0.00%
Returns By Period
In the year-to-date period, CLMVX achieves a 3.95% return, which is significantly higher than MTGDX's 2.24% return. Over the past 10 years, CLMVX has underperformed MTGDX with an annualized return of 2.98%, while MTGDX has yielded a comparatively higher 4.27% annualized return.
CLMVX
3.95%
2.84%
2.79%
10.67%
1.51%
2.98%
MTGDX
2.24%
1.84%
3.70%
12.60%
3.87%
4.27%
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CLMVX vs. MTGDX - Expense Ratio Comparison
CLMVX has a 0.70% expense ratio, which is lower than MTGDX's 0.72% expense ratio.
Risk-Adjusted Performance
CLMVX vs. MTGDX — Risk-Adjusted Performance Rank
CLMVX
MTGDX
CLMVX vs. MTGDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Mortgage Opportunities Fund (CLMVX) and Morgan Stanley Mortgage Securities Trust (MTGDX). 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.
Dividends
CLMVX vs. MTGDX - Dividend Comparison
CLMVX's dividend yield for the trailing twelve months is around 5.64%, less than MTGDX's 8.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLMVX Columbia Mortgage Opportunities Fund | 5.64% | 6.36% | 6.64% | 6.91% | 3.85% | 4.36% | 3.54% | 4.19% | 4.38% | 3.69% | 4.07% | 2.27% |
MTGDX Morgan Stanley Mortgage Securities Trust | 8.01% | 8.82% | 6.83% | 6.30% | 3.47% | 3.83% | 3.94% | 4.13% | 4.69% | 4.06% | 5.05% | 7.26% |
Drawdowns
CLMVX vs. MTGDX - Drawdown Comparison
The maximum CLMVX drawdown since its inception was -22.58%, which is greater than MTGDX's maximum drawdown of -12.97%. Use the drawdown chart below to compare losses from any high point for CLMVX and MTGDX. For additional features, visit the drawdowns tool.
Volatility
CLMVX vs. MTGDX - Volatility Comparison
Columbia Mortgage Opportunities Fund (CLMVX) has a higher volatility of 1.94% compared to Morgan Stanley Mortgage Securities Trust (MTGDX) at 1.15%. This indicates that CLMVX's price experiences larger fluctuations and is considered to be riskier than MTGDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.