CMTFX vs. FDFIX
Compare and contrast key facts about Columbia Global Technology Growth Fund (CMTFX) and Fidelity Flex 500 Index Fund (FDFIX).
CMTFX is managed by Columbia Threadneedle. It was launched on Nov 8, 2000. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMTFX or FDFIX.
Key characteristics
| CMTFX | FDFIX | |
|---|---|---|
| YTD Return | 31.27% | 26.98% |
| 1Y Return | 36.72% | 34.99% |
| 3Y Return (Ann) | 6.77% | 10.21% |
| 5Y Return (Ann) | 18.37% | 15.78% |
| Sharpe Ratio | 1.82 | 3.06 |
| Sortino Ratio | 2.39 | 4.06 |
| Omega Ratio | 1.32 | 1.58 |
| Calmar Ratio | 2.40 | 4.46 |
| Martin Ratio | 7.99 | 20.21 |
| Ulcer Index | 4.99% | 1.86% |
| Daily Std Dev | 21.93% | 12.31% |
| Max Drawdown | -68.25% | -33.77% |
| Current Drawdown | -1.01% | -0.27% |
Correlation
The correlation between CMTFX and FDFIX is 0.88, 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
CMTFX vs. FDFIX - Performance Comparison
In the year-to-date period, CMTFX achieves a 31.27% return, which is significantly higher than FDFIX's 26.98% 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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CMTFX vs. FDFIX - Expense Ratio Comparison
CMTFX has a 0.92% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
CMTFX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund (CMTFX) and Fidelity Flex 500 Index Fund (FDFIX). 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. FDFIX - Dividend Comparison
CMTFX has not paid dividends to shareholders, while FDFIX's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FDFIX Fidelity Flex 500 Index Fund | 1.22% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% | 0.00% | 0.00% | 0.00% |
Drawdowns
CMTFX vs. FDFIX - Drawdown Comparison
The maximum CMTFX drawdown since its inception was -68.25%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for CMTFX and FDFIX. For additional features, visit the drawdowns tool.
Volatility
CMTFX vs. FDFIX - Volatility Comparison
Columbia Global Technology Growth Fund (CMTFX) has a higher volatility of 5.51% compared to Fidelity Flex 500 Index Fund (FDFIX) at 3.74%. This indicates that CMTFX's price experiences larger fluctuations and is considered to be riskier than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.