NSTMX vs. CMTFX
NSTMX (Columbia Short Term Bond Fund) and CMTFX (Columbia Global Technology Growth Fund) are both mutual funds - NSTMX is a Short-Term Bond fund managed by Columbia, while CMTFX is a Technology Equities fund managed by Columbia. Over the past 10 years, NSTMX returned 2.51%/yr vs 25.48%/yr for CMTFX. At a correlation of -0.09, they often move in opposite directions. NSTMX charges 0.46%/yr vs 0.92%/yr for CMTFX.
Performance
NSTMX vs. CMTFX - Performance Comparison
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Returns By Period
In the year-to-date period, NSTMX achieves a 1.01% return, which is significantly lower than CMTFX's 31.20% return. Over the past 10 years, NSTMX has underperformed CMTFX with an annualized return of 2.51%, while CMTFX has yielded a comparatively higher 25.48% annualized return.
NSTMX
- 1D
- -0.10%
- 1M
- 0.27%
- YTD
- 1.01%
- 6M
- 1.40%
- 1Y
- 4.46%
- 3Y*
- 5.68%
- 5Y*
- 2.82%
- 10Y*
- 2.51%
CMTFX
- 1D
- 0.17%
- 1M
- 7.93%
- YTD
- 31.20%
- 6M
- 30.04%
- 1Y
- 57.93%
- 3Y*
- 35.50%
- 5Y*
- 19.79%
- 10Y*
- 25.48%
NSTMX vs. CMTFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NSTMX Columbia Short Term Bond Fund | 1.01% | 5.95% | 5.45% | 6.97% | -4.82% | 0.73% | 3.42% | 5.20% | 0.62% | 1.04% |
CMTFX Columbia Global Technology Growth Fund | 31.20% | 25.10% | 31.72% | 56.85% | -34.63% | 23.04% | 49.65% | 44.21% | -1.26% | 43.38% |
Correlation
The correlation between NSTMX and CMTFX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2000 | -0.09 |
The correlation between NSTMX and CMTFX shifts across timeframes, from -0.09 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NSTMX vs. CMTFX — Risk / Return Rank
NSTMX
CMTFX
NSTMX vs. CMTFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Short Term Bond Fund (NSTMX) 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.
| NSTMX | CMTFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.42 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.91 | 4.16 | +0.74 |
| Martin ratioReturn relative to average drawdown | 21.30 | 14.84 | +6.46 |
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Drawdowns
NSTMX vs. CMTFX - Drawdown Comparison
The maximum NSTMX drawdown since its inception was -9.50%, smaller than the maximum CMTFX drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for NSTMX and CMTFX.
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Drawdown Indicators
| NSTMX | CMTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.50% | -68.28% | +58.78% |
Max Drawdown (1Y)Largest decline over 1 year | -0.91% | -14.35% | +13.44% |
Max Drawdown (3Y)Largest decline over 3 years | -0.91% | -26.63% | +25.72% |
Max Drawdown (5Y)Largest decline over 5 years | -7.06% | -39.42% | +32.36% |
Max Drawdown (10Y)Largest decline over 10 years | -9.50% | -39.42% | +29.92% |
Current DrawdownCurrent decline from peak | -0.31% | -0.75% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -16.27% | +15.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 4.02% | -3.81% |
Volatility
NSTMX vs. CMTFX - Volatility Comparison
The current volatility for Columbia Short Term Bond Fund (NSTMX) is 0.53%, while Columbia Global Technology Growth Fund (CMTFX) has a volatility of 11.62%. This indicates that NSTMX 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
| NSTMX | CMTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 11.62% | -11.09% |
Volatility (6M)Calculated over the trailing 6-month period | 1.24% | 19.35% | -18.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.75% | 23.46% | -21.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.21% | 26.38% | -24.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.14% | 25.06% | -22.92% |
NSTMX vs. CMTFX - Expense Ratio Comparison
NSTMX has a 0.46% expense ratio, which is lower than CMTFX's 0.92% expense ratio.
Dividends
NSTMX vs. CMTFX - Dividend Comparison
NSTMX's dividend yield for the trailing twelve months is around 4.58%, more than CMTFX's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMTFX Columbia Global Technology Growth Fund | 2.36% | 3.09% | 1.02% | 2.23% | 3.36% | 4.19% | 0.87% | 2.44% | 5.89% | 3.60% | 0.35% | 1.74% |
NSTMX Columbia Short Term Bond Fund | 4.58% | 4.73% | 3.84% | 3.71% | 2.11% | 1.53% | 2.32% | 3.45% | 1.42% | 1.44% | 0.89% | 0.84% |
Frequently Asked Questions
NSTMX and CMTFX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMTFX has higher volatility (11.62%) compared to NSTMX (0.53%). In terms of maximum drawdown, NSTMX dropped -9.50% vs CMTFX's -68.28%.
NSTMX currently has the higher Sharpe Ratio (2.56 vs 2.55), 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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