CMTFX vs. USMV
CMTFX (Columbia Global Technology Growth Fund) and USMV (iShares MSCI USA Min Vol Factor ETF) are both funds - CMTFX is a Technology Equities fund managed by Columbia, while USMV is a Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility Index. Over the past 10 years, CMTFX returned 25.04%/yr vs 9.93%/yr for USMV. A 0.64 correlation means they provide meaningful diversification when combined. CMTFX charges 0.92%/yr vs 0.15%/yr for USMV.
Performance
CMTFX vs. USMV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CMTFX achieves a 32.19% return, which is significantly higher than USMV's 2.65% return. Over the past 10 years, CMTFX has outperformed USMV with an annualized return of 25.04%, while USMV has yielded a comparatively lower 9.93% annualized return.
CMTFX
- 1D
- 1.47%
- 1M
- 17.02%
- YTD
- 32.19%
- 6M
- 31.32%
- 1Y
- 62.23%
- 3Y*
- 36.42%
- 5Y*
- 21.26%
- 10Y*
- 25.04%
USMV
- 1D
- -0.69%
- 1M
- 2.01%
- YTD
- 2.65%
- 6M
- 2.61%
- 1Y
- 4.37%
- 3Y*
- 11.79%
- 5Y*
- 7.45%
- 10Y*
- 9.93%
CMTFX vs. USMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMTFX Columbia Global Technology Growth Fund | 32.19% | 25.10% | 31.72% | 56.85% | -34.63% | 23.04% | 49.65% | 44.21% | -1.26% | 43.38% |
USMV iShares MSCI USA Min Vol Factor ETF | 2.65% | 7.65% | 15.74% | 10.33% | -9.43% | 20.85% | 5.64% | 27.69% | 1.33% | 18.91% |
Correlation
The correlation between CMTFX and USMV is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011 | 0.64 |
Over the past year, the correlation between CMTFX and USMV has dropped to 0.22 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CMTFX vs. USMV — Risk / Return Rank
CMTFX
USMV
CMTFX vs. USMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund (CMTFX) and iShares MSCI USA Min Vol Factor ETF (USMV). 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.
| CMTFX | USMV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.09 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | 0.68 | +3.81 |
| Martin ratioReturn relative to average drawdown | 16.81 | 2.27 | +14.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CMTFX | USMV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 0.52 | +2.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.61 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.69 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.87 | -0.37 |
Drawdowns
CMTFX vs. USMV - Drawdown Comparison
The maximum CMTFX drawdown since its inception was -68.28%, which is greater than USMV's maximum drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for CMTFX and USMV.
Loading charts...
Drawdown Indicators
| CMTFX | USMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.28% | -33.10% | -35.18% |
Max Drawdown (1Y)Largest decline over 1 year | -14.35% | -6.46% | -7.89% |
Max Drawdown (3Y)Largest decline over 3 years | -26.63% | -9.36% | -17.27% |
Max Drawdown (5Y)Largest decline over 5 years | -39.42% | -17.93% | -21.49% |
Max Drawdown (10Y)Largest decline over 10 years | -39.42% | -33.10% | -6.32% |
Current DrawdownCurrent decline from peak | 0.00% | -1.18% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -16.29% | -2.88% | -13.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 1.93% | +1.89% |
Volatility
CMTFX vs. USMV - Volatility Comparison
Columbia Global Technology Growth Fund (CMTFX) has a higher volatility of 6.37% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 2.38%. This indicates that CMTFX's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CMTFX | USMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 2.38% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 16.72% | 5.91% | +10.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.06% | 8.50% | +12.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.98% | 12.35% | +13.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.84% | 14.51% | +10.33% |
CMTFX vs. USMV - Expense Ratio Comparison
CMTFX has a 0.92% expense ratio, which is higher than USMV's 0.15% expense ratio.
Dividends
CMTFX vs. USMV - Dividend Comparison
CMTFX's dividend yield for the trailing twelve months is around 2.34%, more than USMV's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMTFX Columbia Global Technology Growth Fund | 2.34% | 3.09% | 1.02% | 2.23% | 3.36% | 4.19% | 0.87% | 2.44% | 5.89% | 3.60% | 0.35% | 1.74% |
USMV iShares MSCI USA Min Vol Factor ETF | 1.53% | 1.49% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% |
Frequently Asked Questions
CMTFX and USMV have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMTFX has higher volatility (6.37%) compared to USMV (2.38%). In terms of maximum drawdown, CMTFX dropped -68.28% vs USMV's -33.10%.
CMTFX currently has the higher Sharpe Ratio (3.06 vs 0.52), 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.
Find the right allocation for CMTFX and USMV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer