SCMIX vs. QQQ
Compare and contrast key facts about Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and Invesco QQQ (QQQ).
SCMIX is an actively managed fund by Columbia. It was launched on Nov 30, 2001. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCMIX or QQQ.
Correlation
The correlation between SCMIX and QQQ is 0.89, 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
SCMIX vs. QQQ - Performance Comparison
Key characteristics
SCMIX:
0.48
QQQ:
1.30
SCMIX:
0.74
QQQ:
1.78
SCMIX:
1.11
QQQ:
1.23
SCMIX:
0.63
QQQ:
1.76
SCMIX:
1.90
QQQ:
6.07
SCMIX:
6.08%
QQQ:
3.92%
SCMIX:
23.76%
QQQ:
18.29%
SCMIX:
-50.85%
QQQ:
-82.98%
SCMIX:
-10.11%
QQQ:
-0.26%
Returns By Period
In the year-to-date period, SCMIX achieves a 3.64% return, which is significantly lower than QQQ's 4.83% return. Over the past 10 years, SCMIX has underperformed QQQ with an annualized return of 9.63%, while QQQ has yielded a comparatively higher 18.46% annualized return.
SCMIX
3.64%
4.15%
2.59%
12.57%
10.22%
9.63%
QQQ
4.83%
6.10%
13.30%
24.44%
18.78%
18.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCMIX vs. QQQ - Expense Ratio Comparison
SCMIX has a 0.89% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SCMIX vs. QQQ — Risk-Adjusted Performance Rank
SCMIX
QQQ
SCMIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and Invesco QQQ (QQQ). 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.
Dividends
SCMIX vs. QQQ - Dividend Comparison
SCMIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SCMIX vs. QQQ - Drawdown Comparison
The maximum SCMIX drawdown since its inception was -50.85%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SCMIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SCMIX vs. QQQ - Volatility Comparison
Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) has a higher volatility of 7.43% compared to Invesco QQQ (QQQ) at 5.42%. This indicates that SCMIX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.