CMTFX vs. FAGIX

Last updated Aug 1, 2026

CMTFX (Columbia Global Technology Growth Fund) and FAGIX (Fidelity Capital & Income Fund) are both mutual funds - CMTFX is a Technology Equities fund managed by Columbia, while FAGIX is a High Yield Bonds fund actively managed by Fidelity. Over the past 10 years, CMTFX returned 23.12%/yr vs 7.47%/yr for FAGIX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. CMTFX charges 0.92%/yr vs 0.67%/yr for FAGIX.

Performance

CMTFX vs. FAGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Global Technology Growth Fund (CMTFX) and Fidelity Capital & Income Fund (FAGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMTFX achieves a 18.56% return, which is significantly higher than FAGIX's 5.47% return. Over the past 10 years, CMTFX has outperformed FAGIX with an annualized return of 23.12%, while FAGIX has yielded a comparatively lower 7.47% annualized return.

CMTFX

• 1D: 5.75%
• 1M: -3.70%
• 6M: 16.23%
• YTD: 18.56%
• 1Y: 33.21%
• 3Y*: 28.21%
• 5Y*: 16.54%
• 10Y*: 23.12%
• ALL TIME*: 12.43%

FAGIX

• 1D: 1.00%
• 1M: -1.59%
• 6M: 3.79%
• YTD: 5.47%
• 1Y: 11.22%
• 3Y*: 11.21%
• 5Y*: 6.17%
• 10Y*: 7.47%
• ALL TIME*: 6.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CMTFX Columbia Global Technology Growth Fund	$0.00	$0.00	$0.00
FAGIX Fidelity Capital & Income Fund	$0.00	$0.00	$0.00

CMTFX vs. FAGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CMTFX Columbia Global Technology Growth Fund	18.56%	25.10%	31.72%	56.85%	-34.63%	23.04%	49.65%	44.21%	-1.26%	43.38%
FAGIX Fidelity Capital & Income Fund	5.47%	12.38%	10.69%	13.02%	-11.50%	11.13%	9.95%	18.96%	-7.17%	11.66%

Correlation

The correlation between CMTFX and FAGIX is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (10Y) Provides a long-term view across more market conditions.	0.75
Correlation (All Time) Calculated using the full available price history since Nov 9, 2000	0.64

Over the past year, CMTFX and FAGIX have become more correlated (0.87) than their long-term average of 0.64, meaning their price movements have been converging.

Return for Risk

CMTFX vs. FAGIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CMTFX

CMTFX Risk / Return Rank: 43
CMTFX Sharpe Ratio Rank: 38
CMTFX Sortino Ratio Rank: 36
CMTFX Omega Ratio Rank: 36
CMTFX Calmar Ratio Rank: 58
CMTFX Martin Ratio Rank: 45

FAGIX

FAGIX Risk / Return Rank: 74
FAGIX Sharpe Ratio Rank: 69
FAGIX Sortino Ratio Rank: 66
FAGIX Omega Ratio Rank: 67
FAGIX Calmar Ratio Rank: 83
FAGIX Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CMTFX vs. FAGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund (CMTFX) and Fidelity Capital & Income Fund (FAGIX). 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	FAGIX	Difference
Sharpe ratio: Return per unit of total volatility	1.13	1.55	-0.42
Sortino ratio: Return per unit of downside risk	1.61	2.20	-0.60
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.08
Calmar ratio: Return relative to maximum drawdown	1.96	2.72	-0.75
Martin ratio: Return relative to average drawdown	6.29	10.26	-3.97

CMTFX vs. FAGIX - Sharpe Ratio Comparison

The current CMTFX Sharpe Ratio is 1.13, which is comparable to the FAGIX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of CMTFX and FAGIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CMTFX vs. FAGIX - Drawdown Comparison

The maximum CMTFX drawdown since its inception was -68.28%, which is greater than FAGIX's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for CMTFX and FAGIX.

Drawdown Indicators

	CMTFX	FAGIX	Difference
Max Drawdown Largest peak-to-trough decline	-68.28%	-37.97%	-30.31%
Max Drawdown (1Y) Largest decline over 1 year	-15.19%	-4.02%	-11.17%
Max Drawdown (3Y) Largest decline over 3 years	-26.63%	-7.26%	-19.37%
Max Drawdown (5Y) Largest decline over 5 years	-39.42%	-15.42%	-24.00%
Max Drawdown (10Y) Largest decline over 10 years	-39.42%	-28.45%	-10.97%
Current Drawdown Current decline from peak	-10.32%	-3.07%	-7.25%
Average Drawdown Average peak-to-trough decline	-16.23%	-6.97%	-9.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.74%	1.06%	+3.68%

Volatility

CMTFX vs. FAGIX - Volatility Comparison

Columbia Global Technology Growth Fund (CMTFX) has a higher volatility of 10.69% compared to Fidelity Capital & Income Fund (FAGIX) at 2.24%. This indicates that CMTFX's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMTFX	FAGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.69%	2.24%	+8.45%
Volatility (6M) Calculated over the trailing 6-month period	22.58%	5.94%	+16.64%
Volatility (1Y) Calculated over the trailing 1-year period	26.36%	7.04%	+19.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.92%	6.79%	+20.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.27%	7.84%	+17.43%

CMTFX vs. FAGIX - Expense Ratio Comparison

CMTFX has a 0.92% expense ratio, which is higher than FAGIX's 0.67% expense ratio.

Dividends

CMTFX vs. FAGIX - Dividend Comparison

CMTFX's dividend yield for the trailing twelve months is around 2.61%, less than FAGIX's 5.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMTFX Columbia Global Technology Growth Fund	2.61%	3.09%	1.02%	2.23%	3.36%	4.19%	0.87%	2.44%	5.89%	3.60%	0.35%	1.74%
FAGIX Fidelity Capital & Income Fund	5.05%	4.74%	5.02%	5.28%	10.25%	6.08%	4.59%	5.00%	5.67%	5.05%	4.57%	4.51%

Frequently Asked Questions

Can I hold both CMTFX and FAGIX in my portfolio?

CMTFX and FAGIX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CMTFX or FAGIX?

CMTFX has higher volatility (10.69%) compared to FAGIX (2.24%). In terms of maximum drawdown, CMTFX dropped -68.28% vs FAGIX's -37.97%.

Which has better risk-adjusted returns?

FAGIX currently has the higher Sharpe Ratio (1.55 vs 1.13), 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.