CMNWX vs. SMGIX
Compare and contrast key facts about Principal Capital Appreciation Fund (CMNWX) and Columbia Contrarian Core Fund (SMGIX).
CMNWX is managed by Principal. It was launched on Nov 24, 1986. SMGIX is managed by Columbia Threadneedle. It was launched on Dec 14, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMNWX or SMGIX.
Key characteristics
| CMNWX | SMGIX | |
|---|---|---|
| YTD Return | 28.70% | 24.79% |
| 1Y Return | 41.63% | 37.29% |
| 3Y Return (Ann) | 7.69% | 10.52% |
| 5Y Return (Ann) | 11.65% | 16.37% |
| 10Y Return (Ann) | 4.65% | 13.05% |
| Sharpe Ratio | 3.24 | 2.94 |
| Sortino Ratio | 4.36 | 3.91 |
| Omega Ratio | 1.61 | 1.55 |
| Calmar Ratio | 3.24 | 4.11 |
| Martin Ratio | 21.65 | 18.66 |
| Ulcer Index | 1.88% | 1.95% |
| Daily Std Dev | 12.53% | 12.38% |
| Max Drawdown | -57.43% | -50.62% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between CMNWX and SMGIX is 0.89, 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.
Performance
CMNWX vs. SMGIX - Performance Comparison
In the year-to-date period, CMNWX achieves a 28.70% return, which is significantly higher than SMGIX's 24.79% return. Over the past 10 years, CMNWX has underperformed SMGIX with an annualized return of 4.65%, while SMGIX has yielded a comparatively higher 13.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CMNWX vs. SMGIX - Expense Ratio Comparison
CMNWX has a 0.80% expense ratio, which is higher than SMGIX's 0.75% expense ratio.
Risk-Adjusted Performance
CMNWX vs. SMGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Capital Appreciation Fund (CMNWX) and Columbia Contrarian Core Fund (SMGIX). 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
CMNWX vs. SMGIX - Dividend Comparison
CMNWX's dividend yield for the trailing twelve months is around 0.55%, more than SMGIX's 0.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMNWX Principal Capital Appreciation Fund | 0.55% | 0.71% | 0.69% | 0.43% | 0.78% | 0.93% | 1.62% | 1.01% | 1.07% | 1.19% | 0.92% | 0.76% |
SMGIX Columbia Contrarian Core Fund | 0.47% | 0.58% | 0.57% | 0.49% | 0.78% | 1.08% | 1.35% | 0.95% | 0.91% | 2.86% | 0.74% | 0.75% |
Drawdowns
CMNWX vs. SMGIX - Drawdown Comparison
The maximum CMNWX drawdown since its inception was -57.43%, which is greater than SMGIX's maximum drawdown of -50.62%. Use the drawdown chart below to compare losses from any high point for CMNWX and SMGIX. For additional features, visit the drawdowns tool.
Volatility
CMNWX vs. SMGIX - Volatility Comparison
Principal Capital Appreciation Fund (CMNWX) and Columbia Contrarian Core Fund (SMGIX) have volatilities of 4.11% and 4.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.