FTCHX vs. CCOYX

Last updated Jun 25, 2026

FTCHX (Invesco Technology Fund) and CCOYX (Columbia Seligman Technology and Information Fund Institutional 3 Class) are both Technology Equities funds. Over the past 5 years, FTCHX returned 15.36%/yr vs 25.37%/yr for CCOYX. Their correlation of 0.90 suggests significant overlap in exposure. FTCHX charges 0.91%/yr vs 0.82%/yr for CCOYX.

Performance

FTCHX vs. CCOYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Technology Fund (FTCHX) and Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTCHX achieves a 39.42% return, which is significantly lower than CCOYX's 53.91% return.

FTCHX

• 1D: -5.62%
• 1M: 2.28%
• YTD: 39.42%
• 6M: 35.73%
• 1Y: 61.82%
• 3Y*: 36.93%
• 5Y*: 15.36%
• 10Y*: 20.93%

CCOYX

• 1D: -3.48%
• 1M: 4.63%
• YTD: 53.91%
• 6M: 51.06%
• 1Y: 108.11%
• 3Y*: 45.95%
• 5Y*: 25.37%
• 10Y*: —

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

FTCHX vs. CCOYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTCHX Invesco Technology Fund	39.42%	20.77%	34.49%	47.38%	-39.96%	13.00%	46.14%	35.62%	-0.88%	22.03%
CCOYX Columbia Seligman Technology and Information Fund Institutional 3 Class	53.91%	37.79%	27.11%	44.77%	-30.92%	39.45%	44.92%	54.68%	-7.78%	19.33%

Correlation

The correlation between FTCHX and CCOYX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Mar 1, 2017	0.90

The correlation between FTCHX and CCOYX has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

FTCHX vs. CCOYX — Risk / Return Rank

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

FTCHX

FTCHX Risk / Return Rank: 68
FTCHX Sharpe Ratio Rank: 65
FTCHX Sortino Ratio Rank: 46
FTCHX Omega Ratio Rank: 50
FTCHX Calmar Ratio Rank: 92
FTCHX Martin Ratio Rank: 88

CCOYX

CCOYX Risk / Return Rank: 96
CCOYX Sharpe Ratio Rank: 99
CCOYX Sortino Ratio Rank: 93
CCOYX Omega Ratio Rank: 90
CCOYX Calmar Ratio Rank: 99
CCOYX Martin Ratio Rank: 98

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.

FTCHX vs. CCOYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Technology Fund (FTCHX) and Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX). 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.

	FTCHX	CCOYX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	4.09	-1.95
Sortino ratio: Return per unit of downside risk	2.57	4.35	-1.78
Omega ratio: Gain probability vs. loss probability	1.35	1.59	-0.24
Calmar ratio: Return relative to maximum drawdown	4.58	9.29	-4.70
Martin ratio: Return relative to average drawdown	15.70	33.86	-18.16

FTCHX vs. CCOYX - Sharpe Ratio Comparison

The current FTCHX Sharpe Ratio is 2.14, which is lower than the CCOYX Sharpe Ratio of 4.09. The chart below compares the historical Sharpe Ratios of FTCHX and CCOYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTCHX vs. CCOYX - Drawdown Comparison

The maximum FTCHX drawdown since its inception was -87.78%, which is greater than CCOYX's maximum drawdown of -37.16%. Use the drawdown chart below to compare losses from any high point for FTCHX and CCOYX.

Drawdown Indicators

	FTCHX	CCOYX	Difference
Max Drawdown Largest peak-to-trough decline	-87.78%	-37.16%	-50.62%
Max Drawdown (1Y) Largest decline over 1 year	-14.29%	-12.31%	-1.98%
Max Drawdown (3Y) Largest decline over 3 years	-30.38%	-29.08%	-1.30%
Max Drawdown (5Y) Largest decline over 5 years	-47.89%	-37.16%	-10.73%
Max Drawdown (10Y) Largest decline over 10 years	-47.89%	—	—
Current Drawdown Current decline from peak	-5.62%	-3.48%	-2.14%
Average Drawdown Average peak-to-trough decline	-36.37%	-7.66%	-28.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.16%	3.36%	+0.80%

Volatility

FTCHX vs. CCOYX - Volatility Comparison

Invesco Technology Fund (FTCHX) has a higher volatility of 15.08% compared to Columbia Seligman Technology and Information Fund Institutional 3 Class (CCOYX) at 12.01%. This indicates that FTCHX's price experiences larger fluctuations and is considered to be riskier than CCOYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTCHX	CCOYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.08%	12.01%	+3.07%
Volatility (6M) Calculated over the trailing 6-month period	25.40%	21.88%	+3.52%
Volatility (1Y) Calculated over the trailing 1-year period	30.70%	28.00%	+2.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.43%	26.62%	+2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.71%	26.91%	-0.20%

FTCHX vs. CCOYX - Expense Ratio Comparison

FTCHX has a 0.91% expense ratio, which is higher than CCOYX's 0.82% expense ratio.

Dividends

FTCHX vs. CCOYX - Dividend Comparison

FTCHX's dividend yield for the trailing twelve months is around 19.05%, more than CCOYX's 5.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCOYX Columbia Seligman Technology and Information Fund Institutional 3 Class	5.25%	8.08%	12.32%	4.60%	8.17%	10.62%	9.52%	10.61%	11.42%	10.60%	0.00%	0.00%
FTCHX Invesco Technology Fund	19.05%	26.56%	13.59%	0.80%	1.60%	27.66%	7.06%	9.58%	9.01%	4.14%	6.98%	6.88%

Frequently Asked Questions

Can I hold both FTCHX and CCOYX in my portfolio?

With a correlation of 0.91, FTCHX and CCOYX 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, FTCHX or CCOYX?

FTCHX has higher volatility (15.08%) compared to CCOYX (12.01%). In terms of maximum drawdown, FTCHX dropped -87.78% vs CCOYX's -37.16%.

Which has better risk-adjusted returns?

CCOYX currently has the higher Sharpe Ratio (4.09 vs 2.14), 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.