INUTX vs. SMGIX

Last updated Aug 5, 2026

INUTX (Columbia Dividend Opportunity Fund) and SMGIX (Columbia Contrarian Core Fund) are both mutual funds - INUTX is a Large Cap Value Equities fund managed by Columbia, while SMGIX is a Large Cap Blend Equities fund managed by Columbia. Over the past 10 years, INUTX returned 10.56%/yr vs 14.47%/yr for SMGIX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. INUTX charges 1.06%/yr vs 0.75%/yr for SMGIX.

Performance

INUTX vs. SMGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Dividend Opportunity Fund (INUTX) and Columbia Contrarian Core Fund (SMGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INUTX achieves a 16.94% return, which is significantly higher than SMGIX's 11.44% return. Over the past 10 years, INUTX has underperformed SMGIX with an annualized return of 10.56%, while SMGIX has yielded a comparatively higher 14.47% annualized return.

INUTX

• 1D: 0.54%
• 1M: 2.05%
• 6M: 8.72%
• YTD: 16.94%
• 1Y: 27.65%
• 3Y*: 16.93%
• 5Y*: 11.58%
• 10Y*: 10.56%
• ALL TIME*: 9.42%

SMGIX

• 1D: 1.58%
• 1M: 2.11%
• 6M: 11.88%
• YTD: 11.44%
• 1Y: 18.93%
• 3Y*: 20.59%
• 5Y*: 12.82%
• 10Y*: 14.47%
• ALL TIME*: 13.20%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
INUTX Columbia Dividend Opportunity Fund	$0.00	$0.00	$0.00
SMGIX Columbia Contrarian Core Fund	$0.00	$0.00	$0.00

INUTX vs. SMGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INUTX Columbia Dividend Opportunity Fund	16.94%	15.64%	14.41%	4.88%	-1.68%	26.09%	0.76%	23.31%	-5.32%	12.93%
SMGIX Columbia Contrarian Core Fund	11.44%	17.35%	23.33%	32.12%	-18.64%	24.18%	22.21%	32.95%	-8.95%	20.57%

Correlation

The correlation between INUTX and SMGIX is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.59
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (10Y) Provides a long-term view across more market conditions.	0.76
Correlation (All Time) Calculated using the full available price history since Jan 4, 1993	0.79

Over the past year, the correlation between INUTX and SMGIX has dropped to 0.49 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

INUTX vs. SMGIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

INUTX

INUTX Risk / Return Rank: 94
INUTX Sharpe Ratio Rank: 96
INUTX Sortino Ratio Rank: 96
INUTX Omega Ratio Rank: 94
INUTX Calmar Ratio Rank: 91
INUTX Martin Ratio Rank: 92

SMGIX

SMGIX Risk / Return Rank: 52
SMGIX Sharpe Ratio Rank: 54
SMGIX Sortino Ratio Rank: 50
SMGIX Omega Ratio Rank: 50
SMGIX Calmar Ratio Rank: 52
SMGIX Martin Ratio Rank: 55

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

INUTX vs. SMGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Opportunity Fund (INUTX) and Columbia Contrarian Core Fund (SMGIX). 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.

	INUTX	SMGIX	Difference
Sharpe ratio: Return per unit of total volatility	2.82	1.56	+1.26
Sortino ratio: Return per unit of downside risk	4.11	2.16	+1.95
Omega ratio: Gain probability vs. loss probability	1.53	1.28	+0.25
Calmar ratio: Return relative to maximum drawdown	3.84	2.09	+1.75
Martin ratio: Return relative to average drawdown	14.42	8.09	+6.33

INUTX vs. SMGIX - Sharpe Ratio Comparison

The current INUTX Sharpe Ratio is 2.82, which is higher than the SMGIX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of INUTX and SMGIX, 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

INUTX vs. SMGIX - Drawdown Comparison

The maximum INUTX drawdown since its inception was -55.57%, which is greater than SMGIX's maximum drawdown of -50.62%. Use the drawdown chart below to compare losses from any high point for INUTX and SMGIX.

Drawdown Indicators

	INUTX	SMGIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.57%	-50.62%	-4.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.60%	-9.99%	+2.39%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-19.92%	+5.75%
Max Drawdown (5Y) Largest decline over 5 years	-16.15%	-32.20%	+16.05%
Max Drawdown (10Y) Largest decline over 10 years	-34.77%	-32.45%	-2.32%
Current Drawdown Current decline from peak	-0.77%	0.00%	-0.77%
Average Drawdown Average peak-to-trough decline	-7.64%	-6.71%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.58%	-0.56%

Volatility

INUTX vs. SMGIX - Volatility Comparison

The current volatility for Columbia Dividend Opportunity Fund (INUTX) is 2.74%, while Columbia Contrarian Core Fund (SMGIX) has a volatility of 4.18%. This indicates that INUTX experiences smaller price fluctuations and is considered to be less risky than SMGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INUTX	SMGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.74%	4.18%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	7.73%	10.59%	-2.86%
Volatility (1Y) Calculated over the trailing 1-year period	10.37%	13.41%	-3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.57%	19.12%	-5.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.84%	19.00%	-3.16%

INUTX vs. SMGIX - Expense Ratio Comparison

INUTX has a 1.06% expense ratio, which is higher than SMGIX's 0.75% expense ratio.

Dividends

INUTX vs. SMGIX - Dividend Comparison

INUTX's dividend yield for the trailing twelve months is around 6.86%, more than SMGIX's 6.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INUTX Columbia Dividend Opportunity Fund	6.86%	8.05%	7.27%	3.76%	7.82%	12.77%	4.22%	12.47%	12.99%	10.68%	3.84%	5.80%
SMGIX Columbia Contrarian Core Fund	6.63%	7.39%	9.69%	3.08%	10.61%	13.70%	7.69%	5.87%	10.17%	4.89%	0.76%	5.86%

Frequently Asked Questions

Can I hold both INUTX and SMGIX in my portfolio?

INUTX and SMGIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INUTX or SMGIX?

SMGIX has higher volatility (4.18%) compared to INUTX (2.74%). In terms of maximum drawdown, INUTX dropped -55.57% vs SMGIX's -50.62%.

Which has better risk-adjusted returns?

INUTX currently has the higher Sharpe Ratio (2.82 vs 1.56), 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.