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CTCAX vs. USNQX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CTCAX and USNQX is 0.85, 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

CTCAX vs. USNQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Global Technology Growth Fund Class A (CTCAX) and USAA Nasdaq 100 Index Fund (USNQX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CTCAX:

0.38

USNQX:

0.56

Sortino Ratio

CTCAX:

0.77

USNQX:

0.93

Omega Ratio

CTCAX:

1.10

USNQX:

1.13

Calmar Ratio

CTCAX:

0.46

USNQX:

0.60

Martin Ratio

CTCAX:

1.39

USNQX:

1.97

Ulcer Index

CTCAX:

8.83%

USNQX:

7.03%

Daily Std Dev

CTCAX:

30.49%

USNQX:

25.58%

Max Drawdown

CTCAX:

-62.92%

USNQX:

-74.36%

Current Drawdown

CTCAX:

-5.06%

USNQX:

-3.17%

Returns By Period

In the year-to-date period, CTCAX achieves a 0.10% return, which is significantly lower than USNQX's 2.21% return. Both investments have delivered pretty close results over the past 10 years, with CTCAX having a 16.07% annualized return and USNQX not far behind at 15.49%.


CTCAX

YTD

0.10%

1M

21.03%

6M

0.75%

1Y

11.43%

3Y*

20.63%

5Y*

15.79%

10Y*

16.07%

USNQX

YTD

2.21%

1M

17.51%

6M

2.12%

1Y

13.34%

3Y*

19.47%

5Y*

15.20%

10Y*

15.49%

*Annualized

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USAA Nasdaq 100 Index Fund

CTCAX vs. USNQX - Expense Ratio Comparison

CTCAX has a 1.18% expense ratio, which is higher than USNQX's 0.42% expense ratio.


Risk-Adjusted Performance

CTCAX vs. USNQX — Risk-Adjusted Performance Rank

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

CTCAX
The Risk-Adjusted Performance Rank of CTCAX is 4848
Overall Rank
The Sharpe Ratio Rank of CTCAX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of CTCAX is 4848
Sortino Ratio Rank
The Omega Ratio Rank of CTCAX is 4848
Omega Ratio Rank
The Calmar Ratio Rank of CTCAX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of CTCAX is 4545
Martin Ratio Rank

USNQX
The Risk-Adjusted Performance Rank of USNQX is 5959
Overall Rank
The Sharpe Ratio Rank of USNQX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of USNQX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of USNQX is 5858
Omega Ratio Rank
The Calmar Ratio Rank of USNQX is 6767
Calmar Ratio Rank
The Martin Ratio Rank of USNQX is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CTCAX vs. USNQX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund Class A (CTCAX) and USAA Nasdaq 100 Index Fund (USNQX). 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.


The current CTCAX Sharpe Ratio is 0.38, which is lower than the USNQX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of CTCAX and USNQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CTCAX vs. USNQX - Dividend Comparison

CTCAX has not paid dividends to shareholders, while USNQX's dividend yield for the trailing twelve months is around 0.39%.


TTM20242023202220212020201920182017201620152014
CTCAX
Columbia Global Technology Growth Fund Class A
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.46%
USNQX
USAA Nasdaq 100 Index Fund
0.39%0.40%0.58%0.28%0.24%0.37%0.55%0.65%0.46%0.50%0.62%0.21%

Drawdowns

CTCAX vs. USNQX - Drawdown Comparison

The maximum CTCAX drawdown since its inception was -62.92%, smaller than the maximum USNQX drawdown of -74.36%. Use the drawdown chart below to compare losses from any high point for CTCAX and USNQX. For additional features, visit the drawdowns tool.


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Volatility

CTCAX vs. USNQX - Volatility Comparison

Columbia Global Technology Growth Fund Class A (CTCAX) and USAA Nasdaq 100 Index Fund (USNQX) have volatilities of 6.70% and 6.45%, 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.


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