CMTFX vs. CLMPX
CMTFX (Columbia Global Technology Growth Fund) and CLMPX (Columbia Strategic California Municipal Income Fund) are both mutual funds - CMTFX is a Technology Equities fund managed by Columbia, while CLMPX is a Municipal Bonds fund managed by Columbia. Over the past 10 years, CMTFX returned 25.07%/yr vs 1.67%/yr for CLMPX. At a correlation of -0.08, they often move in opposite directions. CMTFX charges 0.92%/yr vs 0.73%/yr for CLMPX.
Performance
CMTFX vs. CLMPX - Performance Comparison
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Returns By Period
In the year-to-date period, CMTFX achieves a 30.99% return, which is significantly higher than CLMPX's 2.24% return. Over the past 10 years, CMTFX has outperformed CLMPX with an annualized return of 25.07%, while CLMPX has yielded a comparatively lower 1.67% annualized return.
CMTFX
- 1D
- 3.52%
- 1M
- 7.75%
- YTD
- 30.99%
- 6M
- 30.90%
- 1Y
- 59.18%
- 3Y*
- 34.53%
- 5Y*
- 20.15%
- 10Y*
- 25.07%
CLMPX
- 1D
- 0.07%
- 1M
- 2.25%
- YTD
- 2.24%
- 6M
- 2.74%
- 1Y
- 7.89%
- 3Y*
- 4.61%
- 5Y*
- 0.15%
- 10Y*
- 1.67%
CMTFX vs. CLMPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMTFX Columbia Global Technology Growth Fund | 30.99% | 25.10% | 31.72% | 56.85% | -34.63% | 23.04% | 49.65% | 44.21% | -1.26% | 43.38% |
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% |
Correlation
The correlation between CMTFX and CLMPX 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 Nov 9, 2000 | -0.08 |
The correlation between CMTFX and CLMPX shifts across timeframes, from -0.08 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CMTFX vs. CLMPX — Risk / Return Rank
CMTFX
CLMPX
CMTFX vs. CLMPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund (CMTFX) and Columbia Strategic California Municipal Income Fund (CLMPX). 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.
| CMTFX | CLMPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.55 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.46 | +1.61 |
| Martin ratioReturn relative to average drawdown | 14.50 | 8.50 | +6.00 |
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Drawdowns
CMTFX vs. CLMPX - Drawdown Comparison
The maximum CMTFX drawdown since its inception was -68.28%, which is greater than CLMPX's maximum drawdown of -20.64%. Use the drawdown chart below to compare losses from any high point for CMTFX and CLMPX.
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Drawdown Indicators
| CMTFX | CLMPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.28% | -20.64% | -47.64% |
Max Drawdown (1Y)Largest decline over 1 year | -14.35% | -3.22% | -11.13% |
Max Drawdown (3Y)Largest decline over 3 years | -26.63% | -8.26% | -18.37% |
Max Drawdown (5Y)Largest decline over 5 years | -39.42% | -20.64% | -18.78% |
Max Drawdown (10Y)Largest decline over 10 years | -39.42% | -20.64% | -18.78% |
Current DrawdownCurrent decline from peak | -0.91% | -0.27% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -2.83% | -13.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 0.93% | +3.09% |
Volatility
CMTFX vs. CLMPX - Volatility Comparison
Columbia Global Technology Growth Fund (CMTFX) has a higher volatility of 11.74% compared to Columbia Strategic California Municipal Income Fund (CLMPX) at 0.85%. This indicates that CMTFX's price experiences larger fluctuations and is considered to be riskier than CLMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMTFX | CLMPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.74% | 0.85% | +10.89% |
Volatility (6M)Calculated over the trailing 6-month period | 19.53% | 2.51% | +17.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.43% | 3.35% | +20.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.37% | 5.50% | +20.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.05% | 5.19% | +19.86% |
CMTFX vs. CLMPX - Expense Ratio Comparison
CMTFX has a 0.92% expense ratio, which is higher than CLMPX's 0.73% expense ratio.
Dividends
CMTFX vs. CLMPX - Dividend Comparison
CMTFX's dividend yield for the trailing twelve months is around 2.36%, less than CLMPX's 3.53% 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% |
CMTFX Columbia Global Technology Growth Fund | 2.36% | 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
CMTFX and CLMPX 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.
CMTFX has higher volatility (11.74%) compared to CLMPX (0.85%). In terms of maximum drawdown, CMTFX dropped -68.28% vs CLMPX's -20.64%.
CMTFX currently has the higher Sharpe Ratio (2.49 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.
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