CMTFX vs. SPLP
Compare and contrast key facts about Columbia Global Technology Growth Fund (CMTFX) and Steel Partners Holdings L.P. (SPLP).
CMTFX is managed by Columbia Threadneedle. It was launched on Nov 8, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMTFX or SPLP.
Key characteristics
| CMTFX | SPLP | |
|---|---|---|
| YTD Return | 32.08% | -9.70% |
| 1Y Return | 43.85% | -4.95% |
| 3Y Return (Ann) | 7.02% | 4.96% |
| 5Y Return (Ann) | 18.81% | 24.23% |
| 10Y Return (Ann) | 17.28% | 7.35% |
| Sharpe Ratio | 1.95 | -0.12 |
| Sortino Ratio | 2.54 | 0.05 |
| Omega Ratio | 1.34 | 1.01 |
| Calmar Ratio | 2.59 | -0.15 |
| Martin Ratio | 8.63 | -0.62 |
| Ulcer Index | 4.99% | 6.30% |
| Daily Std Dev | 22.06% | 32.33% |
| Max Drawdown | -68.25% | -78.35% |
| Current Drawdown | -0.40% | -24.69% |
Correlation
The correlation between CMTFX and SPLP is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CMTFX vs. SPLP - Performance Comparison
In the year-to-date period, CMTFX achieves a 32.08% return, which is significantly higher than SPLP's -9.70% return. Over the past 10 years, CMTFX has outperformed SPLP with an annualized return of 17.28%, while SPLP has yielded a comparatively lower 7.35% annualized 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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Risk-Adjusted Performance
CMTFX vs. SPLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund (CMTFX) and Steel Partners Holdings L.P. (SPLP). 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. SPLP - Dividend Comparison
Neither CMTFX nor SPLP has paid dividends to shareholders.
| 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% |
SPLP Steel Partners Holdings L.P. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CMTFX vs. SPLP - Drawdown Comparison
The maximum CMTFX drawdown since its inception was -68.25%, smaller than the maximum SPLP drawdown of -78.35%. Use the drawdown chart below to compare losses from any high point for CMTFX and SPLP. For additional features, visit the drawdowns tool.
Volatility
CMTFX vs. SPLP - Volatility Comparison
The current volatility for Columbia Global Technology Growth Fund (CMTFX) is 6.17%, while Steel Partners Holdings L.P. (SPLP) has a volatility of 13.18%. This indicates that CMTFX experiences smaller price fluctuations and is considered to be less risky than SPLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.