IMRFX vs. CMTFX
IMRFX (Columbia Global Opportunities Fund) and CMTFX (Columbia Global Technology Growth Fund) are both mutual funds - IMRFX is a Global Allocation fund managed by Columbia, while CMTFX is a Technology Equities fund managed by Columbia. Over the past 10 years, IMRFX returned 5.62%/yr vs 23.12%/yr for CMTFX. Their correlation of 0.81 means they have usually moved in the same direction. IMRFX charges 1.15%/yr vs 0.92%/yr for CMTFX.
Performance
IMRFX vs. CMTFX - Performance Comparison
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Returns By Period
In the year-to-date period, IMRFX achieves a 5.13% return, which is significantly lower than CMTFX's 18.56% return. Over the past 10 years, IMRFX has underperformed CMTFX with an annualized return of 5.62%, while CMTFX has yielded a comparatively higher 23.12% annualized return.
IMRFX
- 1D
- 1.38%
- 1M
- -0.43%
- 6M
- 2.80%
- YTD
- 5.13%
- 1Y
- 13.50%
- 3Y*
- 10.31%
- 5Y*
- 2.90%
- 10Y*
- 5.62%
- ALL TIME*
- 7.68%
CMTFX
- 1D
- 5.75%
- 1M
- -3.70%
- 6M
- 16.23%
- YTD
- 18.56%
- 1Y
- 33.21%
- 3Y*
- 28.21%
- 5Y*
- 16.54%
- 10Y*
- 23.12%
- ALL TIME*
- 12.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
IMRFX vs. CMTFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMRFX Columbia Global Opportunities Fund | 5.13% | 15.88% | 7.46% | 11.29% | -21.02% | 6.25% | 12.55% | 15.62% | -7.03% | 18.17% |
CMTFX Columbia Global Technology Growth Fund | 18.56% | 25.10% | 31.72% | 56.85% | -34.63% | 23.04% | 49.65% | 44.21% | -1.26% | 43.38% |
Correlation
The correlation between IMRFX and CMTFX is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.81 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2000 | 0.81 |
The correlation between IMRFX and CMTFX has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.
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Return for Risk
IMRFX vs. CMTFX — Risk / Return Rank
IMRFX
CMTFX
IMRFX vs. CMTFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Opportunities Fund (IMRFX) 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.
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.
| IMRFX | CMTFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.96 | -0.38 |
| Martin ratioReturn relative to average drawdown | 6.45 | 6.29 | +0.16 |
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Drawdowns
IMRFX vs. CMTFX - Drawdown Comparison
The maximum IMRFX drawdown since its inception was -45.67%, smaller than the maximum CMTFX drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for IMRFX and CMTFX.
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Drawdown Indicators
| IMRFX | CMTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.67% | -68.28% | +22.61% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -15.19% | +7.12% |
Max Drawdown (3Y)Largest decline over 3 years | -10.19% | -26.63% | +16.44% |
Max Drawdown (5Y)Largest decline over 5 years | -28.77% | -39.42% | +10.65% |
Max Drawdown (10Y)Largest decline over 10 years | -28.77% | -39.42% | +10.65% |
Current DrawdownCurrent decline from peak | -1.90% | -10.32% | +8.42% |
Average DrawdownAverage peak-to-trough decline | -7.30% | -16.23% | +8.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 4.74% | -2.76% |
Volatility
IMRFX vs. CMTFX - Volatility Comparison
The current volatility for Columbia Global Opportunities Fund (IMRFX) is 2.81%, while Columbia Global Technology Growth Fund (CMTFX) has a volatility of 10.69%. This indicates that IMRFX experiences smaller price fluctuations and is considered to be less risky than CMTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMRFX | CMTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 10.69% | -7.88% |
Volatility (6M)Calculated over the trailing 6-month period | 8.61% | 22.58% | -13.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.13% | 26.36% | -16.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.03% | 26.92% | -15.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.42% | 25.27% | -14.85% |
IMRFX vs. CMTFX - Expense Ratio Comparison
IMRFX has a 1.15% expense ratio, which is higher than CMTFX's 0.92% expense ratio.
Dividends
IMRFX vs. CMTFX - Dividend Comparison
IMRFX's dividend yield for the trailing twelve months is around 17.00%, more than CMTFX's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMTFX Columbia Global Technology Growth Fund | 2.61% | 3.09% | 1.02% | 2.23% | 3.36% | 4.19% | 0.87% | 2.44% | 5.89% | 3.60% | 0.35% | 1.74% |
IMRFX Columbia Global Opportunities Fund | 17.00% | 17.87% | 0.47% | 0.00% | 6.62% | 7.92% | 4.40% | 1.75% | 0.35% | 0.00% | 2.77% | 0.00% |
Frequently Asked Questions
IMRFX and CMTFX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMTFX has higher volatility (10.69%) compared to IMRFX (2.81%). In terms of maximum drawdown, IMRFX dropped -45.67% vs CMTFX's -68.28%.
IMRFX currently has the higher Sharpe Ratio (1.26 vs 1.13), 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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