CTCAX vs. CMTFX

Last updated Jun 3, 2026

CTCAX (Columbia Global Technology Growth Fund Class A) and CMTFX (Columbia Global Technology Growth Fund) are both Technology Equities funds from Columbia. Over the past 10 years, CTCAX returned 24.56%/yr vs 24.85%/yr for CMTFX. With a 1.00 correlation, they move nearly in lockstep. CTCAX charges 1.18%/yr vs 0.92%/yr for CMTFX.

Performance

CTCAX vs. CMTFX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with CTCAX having a 30.14% return and CMTFX slightly higher at 30.27%. Both investments have delivered pretty close results over the past 10 years, with CTCAX having a 24.56% annualized return and CMTFX not far ahead at 24.85%.

CTCAX

• 1D: 2.50%
• 1M: 15.65%
• YTD: 30.14%
• 6M: 29.40%
• 1Y: 61.29%
• 3Y*: 35.41%
• 5Y*: 20.29%
• 10Y*: 24.56%

CMTFX

• 1D: 2.50%
• 1M: 15.69%
• YTD: 30.27%
• 6M: 29.58%
• 1Y: 61.69%
• 3Y*: 35.75%
• 5Y*: 20.59%
• 10Y*: 24.85%

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

CTCAX vs. CMTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CTCAX Columbia Global Technology Growth Fund Class A	30.14%	24.78%	31.39%	56.46%	-34.81%	22.73%	49.46%	43.91%	-1.48%	42.99%
CMTFX Columbia Global Technology Growth Fund	30.27%	25.10%	31.72%	56.85%	-34.63%	23.04%	49.65%	44.21%	-1.26%	43.38%

Correlation

The correlation between CTCAX and CMTFX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Nov 1, 2002	1.00

The correlation between CTCAX and CMTFX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

CTCAX vs. CMTFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CTCAX

CTCAX Risk / Return Rank: 82
CTCAX Sharpe Ratio Rank: 91
CTCAX Sortino Ratio Rank: 76
CTCAX Omega Ratio Rank: 74
CTCAX Calmar Ratio Rank: 88
CTCAX Martin Ratio Rank: 85

CMTFX

CMTFX Risk / Return Rank: 83
CMTFX Sharpe Ratio Rank: 91
CMTFX Sortino Ratio Rank: 76
CMTFX Omega Ratio Rank: 74
CMTFX Calmar Ratio Rank: 88
CMTFX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CTCAX vs. CMTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund Class A (CTCAX) and Columbia Global Technology Growth Fund (CMTFX). 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.

	CTCAX	CMTFX	Difference
Sharpe ratio Return per unit of total volatility	3.00	3.02	-0.02
Sortino ratio Return per unit of downside risk	3.64	3.66	-0.02
Omega ratio Gain probability vs. loss probability	1.48	1.49	0.00
Calmar ratio Return relative to maximum drawdown	4.30	4.36	-0.06
Martin ratio Return relative to average drawdown	16.11	16.36	-0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CTCAX vs. CMTFX - Sharpe Ratio Comparison

The current CTCAX Sharpe Ratio is 3.00, which is comparable to the CMTFX Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of CTCAX and CMTFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CTCAX	CMTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	3.02	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.80	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.99	1.00	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.50	+0.28

Drawdowns

CTCAX vs. CMTFX - Drawdown Comparison

The maximum CTCAX drawdown since its inception was -61.04%, smaller than the maximum CMTFX drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for CTCAX and CMTFX.

Drawdown Indicators

	CTCAX	CMTFX	Difference
Max Drawdown Largest peak-to-trough decline	-61.04%	-68.28%	+7.24%
Max Drawdown (1Y) Largest decline over 1 year	-14.43%	-14.35%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	-26.67%	-26.63%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-39.55%	-39.42%	-0.13%
Max Drawdown (10Y) Largest decline over 10 years	-39.55%	-39.42%	-0.13%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.68%	-16.30%	+5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.86%	3.82%	+0.04%

Volatility

CTCAX vs. CMTFX - Volatility Comparison

Columbia Global Technology Growth Fund Class A (CTCAX) and Columbia Global Technology Growth Fund (CMTFX) have volatilities of 6.33% and 6.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CTCAX	CMTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	6.33%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	16.68%	16.68%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	21.06%	21.07%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.98%	25.98%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.84%	24.84%	0.00%

CTCAX vs. CMTFX - Expense Ratio Comparison

CTCAX has a 1.18% expense ratio, which is higher than CMTFX's 0.92% expense ratio.

Dividends

CTCAX vs. CMTFX - Dividend Comparison

CTCAX's dividend yield for the trailing twelve months is around 2.53%, more than CMTFX's 2.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMTFX Columbia Global Technology Growth Fund	2.37%	3.09%	1.02%	2.23%	3.36%	4.19%	0.87%	2.44%	5.89%	3.60%	0.35%	1.74%
CTCAX Columbia Global Technology Growth Fund Class A	2.53%	3.29%	1.08%	2.36%	3.53%	4.15%	0.91%	2.55%	5.82%	3.52%	0.36%	1.80%

Frequently Asked Questions

Can I hold both CTCAX and CMTFX in my portfolio?

With a correlation of 1.00, CTCAX and CMTFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CTCAX or CMTFX?

CMTFX has higher volatility (6.33%) compared to CTCAX (6.33%). In terms of maximum drawdown, CTCAX dropped -61.04% vs CMTFX's -68.28%.

Which has better risk-adjusted returns?

CMTFX currently has the higher Sharpe Ratio (3.02 vs 3.00), 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.