CMSCX vs. ISGLX

Last updated Jun 4, 2026

CMSCX (Columbia Small Cap Growth Fund) and ISGLX (Columbia Integrated Small Cap Growth Fund) are both Small Cap Growth Equities funds from Columbia. A 0.75 correlation means they provide meaningful diversification when combined. CMSCX charges 0.96%/yr vs 0.98%/yr for ISGLX.

Performance

CMSCX vs. ISGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Small Cap Growth Fund (CMSCX) and Columbia Integrated Small Cap Growth Fund (ISGLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CMSCX

• 1D: 1.87%
• 1M: 10.84%
• YTD: 25.06%
• 6M: 22.98%
• 1Y: 58.39%
• 3Y*: 27.58%
• 5Y*: 7.79%
• 10Y*: 17.37%

ISGLX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CMSCX vs. ISGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CMSCX Columbia Small Cap Growth Fund	25.06%	21.68%	24.27%	26.17%	-27.70%
ISGLX Columbia Integrated Small Cap Growth Fund	0.00%	0.00%	20.26%	17.89%	-19.47%

Correlation

The correlation between CMSCX and ISGLX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.75

The correlation between CMSCX and ISGLX shifts across timeframes, from 0.59 (3 years) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CMSCX vs. ISGLX — Risk / Return Rank

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

CMSCX

CMSCX Risk / Return Rank: 67
CMSCX Sharpe Ratio Rank: 73
CMSCX Sortino Ratio Rank: 56
CMSCX Omega Ratio Rank: 52
CMSCX Calmar Ratio Rank: 77
CMSCX Martin Ratio Rank: 75

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.

CMSCX vs. ISGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Small Cap Growth Fund (CMSCX) and Columbia Integrated Small Cap Growth Fund (ISGLX). 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.

	CMSCX	ISGLX	Difference
Sharpe ratio: Return per unit of total volatility	2.49	—	—
Sortino ratio: Return per unit of downside risk	3.16	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.47	—	—
Martin ratio: Return relative to average drawdown	14.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CMSCX	ISGLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	—	—

Drawdowns

Drawdown Indicators

	CMSCX	ISGLX	Difference
Max Drawdown Largest peak-to-trough decline	-55.64%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.44%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-15.95%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	—	—

Volatility

Volatility by Period

	CMSCX	ISGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.07%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.91%	—	—

CMSCX vs. ISGLX - Expense Ratio Comparison

CMSCX has a 0.96% expense ratio, which is lower than ISGLX's 0.98% expense ratio.

Dividends

CMSCX vs. ISGLX - Dividend Comparison

CMSCX's dividend yield for the trailing twelve months is around 3.94%, while ISGLX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMSCX Columbia Small Cap Growth Fund	3.94%	4.93%	0.00%	0.00%	0.00%	10.28%	6.90%	8.86%	21.17%	16.48%	8.67%	60.38%
ISGLX Columbia Integrated Small Cap Growth Fund	0.00%	0.00%	0.00%	0.00%	5.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CMSCX and ISGLX in my portfolio?

CMSCX and ISGLX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.