CMTFX vs. CQQQ
Compare and contrast key facts about Columbia Global Technology Growth Fund (CMTFX) and Invesco China Technology ETF (CQQQ).
CMTFX is managed by Columbia Threadneedle. It was launched on Nov 8, 2000. CQQQ is a passively managed fund by Invesco that tracks the performance of the AlphaShares China Technology Index. It was launched on Dec 8, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMTFX or CQQQ.
Key characteristics
| CMTFX | CQQQ | |
|---|---|---|
| YTD Return | 31.82% | 16.19% |
| 1Y Return | 40.49% | 14.13% |
| 3Y Return (Ann) | 6.93% | -16.82% |
| 5Y Return (Ann) | 18.69% | -2.73% |
| 10Y Return (Ann) | 17.15% | 1.58% |
| Sharpe Ratio | 1.82 | 0.42 |
| Sortino Ratio | 2.40 | 0.91 |
| Omega Ratio | 1.32 | 1.11 |
| Calmar Ratio | 2.40 | 0.22 |
| Martin Ratio | 8.00 | 1.17 |
| Ulcer Index | 4.99% | 13.64% |
| Daily Std Dev | 21.93% | 38.56% |
| Max Drawdown | -68.25% | -73.99% |
| Current Drawdown | -0.59% | -61.12% |
Correlation
The correlation between CMTFX and CQQQ is 0.62, 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
CMTFX vs. CQQQ - Performance Comparison
In the year-to-date period, CMTFX achieves a 31.82% return, which is significantly higher than CQQQ's 16.19% return. Over the past 10 years, CMTFX has outperformed CQQQ with an annualized return of 17.15%, while CQQQ has yielded a comparatively lower 1.58% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CMTFX vs. CQQQ - Expense Ratio Comparison
CMTFX has a 0.92% expense ratio, which is higher than CQQQ's 0.70% expense ratio.
Risk-Adjusted Performance
CMTFX vs. CQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund (CMTFX) and Invesco China Technology ETF (CQQQ). 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
CMTFX vs. CQQQ - Dividend Comparison
CMTFX has not paid dividends to shareholders, while CQQQ's dividend yield for the trailing twelve months is around 0.47%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMTFX Columbia Global Technology Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.52% | 0.00% |
CQQQ Invesco China Technology ETF | 0.47% | 0.55% | 0.08% | 0.00% | 0.47% | 0.01% | 0.43% | 1.42% | 1.69% | 1.77% | 1.00% | 0.79% |
Drawdowns
CMTFX vs. CQQQ - Drawdown Comparison
The maximum CMTFX drawdown since its inception was -68.25%, smaller than the maximum CQQQ drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for CMTFX and CQQQ. For additional features, visit the drawdowns tool.
Volatility
CMTFX vs. CQQQ - Volatility Comparison
The current volatility for Columbia Global Technology Growth Fund (CMTFX) is 6.12%, while Invesco China Technology ETF (CQQQ) has a volatility of 14.92%. This indicates that CMTFX experiences smaller price fluctuations and is considered to be less risky than CQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.