CTCAX vs. SETMX
CTCAX (Columbia Global Technology Growth Fund Class A) and SETMX (Columbia Intermediate Municipal Bond Fund) are both mutual funds - CTCAX is a Technology Equities fund managed by Columbia, while SETMX is a Municipal Bonds fund managed by Columbia. Over the past 10 years, CTCAX returned 25.19%/yr vs 2.03%/yr for SETMX. At a correlation of -0.07, they often move in opposite directions. CTCAX charges 1.18%/yr vs 0.40%/yr for SETMX.
Performance
CTCAX vs. SETMX - Performance Comparison
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Returns By Period
In the year-to-date period, CTCAX achieves a 31.05% return, which is significantly higher than SETMX's 1.53% return. Over the past 10 years, CTCAX has outperformed SETMX with an annualized return of 25.19%, while SETMX has yielded a comparatively lower 2.03% annualized return.
CTCAX
- 1D
- 0.16%
- 1M
- 7.90%
- YTD
- 31.05%
- 6M
- 29.88%
- 1Y
- 57.54%
- 3Y*
- 35.16%
- 5Y*
- 19.49%
- 10Y*
- 25.19%
SETMX
- 1D
- 0.00%
- 1M
- 1.24%
- YTD
- 1.53%
- 6M
- 1.92%
- 1Y
- 5.79%
- 3Y*
- 4.20%
- 5Y*
- 1.33%
- 10Y*
- 2.03%
CTCAX vs. SETMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CTCAX Columbia Global Technology Growth Fund Class A | 31.05% | 24.78% | 31.39% | 56.46% | -34.81% | 22.73% | 49.46% | 43.91% | -1.48% | 42.99% |
SETMX Columbia Intermediate Municipal Bond Fund | 1.53% | 5.29% | 2.50% | 4.90% | -7.36% | 1.54% | 4.05% | 6.97% | 0.39% | 4.40% |
Correlation
The correlation between CTCAX and SETMX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2002 | -0.07 |
The correlation between CTCAX and SETMX shifts across timeframes, from -0.07 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CTCAX vs. SETMX — Risk / Return Rank
CTCAX
SETMX
CTCAX vs. SETMX - 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 Intermediate Municipal Bond Fund (SETMX). 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.
| CTCAX | SETMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.83 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 2.49 | +1.62 |
| Martin ratioReturn relative to average drawdown | 14.63 | 8.74 | +5.89 |
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Drawdowns
CTCAX vs. SETMX - Drawdown Comparison
The maximum CTCAX drawdown since its inception was -61.04%, which is greater than SETMX's maximum drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for CTCAX and SETMX.
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Drawdown Indicators
| CTCAX | SETMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.04% | -11.15% | -49.89% |
Max Drawdown (1Y)Largest decline over 1 year | -14.43% | -2.38% | -12.05% |
Max Drawdown (3Y)Largest decline over 3 years | -26.67% | -3.40% | -23.27% |
Max Drawdown (5Y)Largest decline over 5 years | -39.55% | -11.15% | -28.40% |
Max Drawdown (10Y)Largest decline over 10 years | -39.55% | -11.15% | -28.40% |
Current DrawdownCurrent decline from peak | -0.76% | -0.38% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -10.67% | -1.51% | -9.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 0.68% | +3.37% |
Volatility
CTCAX vs. SETMX - Volatility Comparison
Columbia Global Technology Growth Fund Class A (CTCAX) has a higher volatility of 11.61% compared to Columbia Intermediate Municipal Bond Fund (SETMX) at 0.56%. This indicates that CTCAX's price experiences larger fluctuations and is considered to be riskier than SETMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTCAX | SETMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.61% | 0.56% | +11.05% |
Volatility (6M)Calculated over the trailing 6-month period | 19.35% | 1.69% | +17.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.45% | 2.10% | +21.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.38% | 2.86% | +23.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.06% | 3.21% | +21.85% |
CTCAX vs. SETMX - Expense Ratio Comparison
CTCAX has a 1.18% expense ratio, which is higher than SETMX's 0.40% expense ratio.
Dividends
CTCAX vs. SETMX - Dividend Comparison
CTCAX's dividend yield for the trailing twelve months is around 2.51%, less than SETMX's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTCAX Columbia Global Technology Growth Fund Class A | 2.51% | 3.29% | 1.08% | 2.36% | 3.53% | 4.15% | 0.91% | 2.55% | 5.82% | 3.52% | 0.36% | 1.80% |
SETMX Columbia Intermediate Municipal Bond Fund | 3.38% | 4.47% | 3.42% | 3.05% | 2.98% | 3.07% | 3.28% | 3.74% | 3.00% | 3.16% | 3.25% | 3.37% |
Frequently Asked Questions
CTCAX and SETMX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTCAX has higher volatility (11.61%) compared to SETMX (0.56%). In terms of maximum drawdown, CTCAX dropped -61.04% vs SETMX's -11.15%.
SETMX currently has the higher Sharpe Ratio (2.83 vs 2.54), 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.
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