SCMIX vs. SLMCX

Last updated Jun 23, 2026

SCMIX (Columbia Seligman Technology and Information Fund Institutional 2 Class) and SLMCX (Columbia Seligman Technology and Information Fund) are both Technology Equities funds from Columbia. Over the past 10 years, SCMIX returned 28.59%/yr vs 28.21%/yr for SLMCX. With a 1.00 correlation, they move nearly in lockstep. SCMIX charges 0.89%/yr vs 1.17%/yr for SLMCX.

Performance

SCMIX vs. SLMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and Columbia Seligman Technology and Information Fund (SLMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SCMIX having a 59.42% return and SLMCX slightly lower at 59.22%. Both investments have delivered pretty close results over the past 10 years, with SCMIX having a 28.59% annualized return and SLMCX not far behind at 28.21%.

SCMIX

• 1D: 3.72%
• 1M: 8.40%
• YTD: 59.42%
• 6M: 57.39%
• 1Y: 122.57%
• 3Y*: 46.22%
• 5Y*: 26.98%
• 10Y*: 28.59%

SLMCX

• 1D: 3.72%
• 1M: 8.37%
• YTD: 59.22%
• 6M: 57.18%
• 1Y: 121.94%
• 3Y*: 45.79%
• 5Y*: 26.62%
• 10Y*: 28.21%

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

SCMIX vs. SLMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class	59.42%	37.73%	27.06%	44.68%	-30.96%	39.37%	44.85%	54.60%	-7.81%	34.46%
SLMCX Columbia Seligman Technology and Information Fund	59.22%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between SCMIX and SLMCX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jan 2, 2002	1.00

The correlation between SCMIX and SLMCX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

SCMIX vs. SLMCX — Risk / Return Rank

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

SCMIX

SCMIX Risk / Return Rank: 96
SCMIX Sharpe Ratio Rank: 99
SCMIX Sortino Ratio Rank: 94
SCMIX Omega Ratio Rank: 91
SCMIX Calmar Ratio Rank: 99
SCMIX Martin Ratio Rank: 98

SLMCX

SLMCX Risk / Return Rank: 96
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 94
SLMCX Omega Ratio Rank: 91
SLMCX Calmar Ratio Rank: 99
SLMCX 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.

SCMIX vs. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and Columbia Seligman Technology and Information Fund (SLMCX). 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.

	SCMIX	SLMCX	Difference
Sharpe ratio: Return per unit of total volatility	4.40	4.37	+0.02
Sortino ratio: Return per unit of downside risk	4.61	4.60	+0.02
Omega ratio: Gain probability vs. loss probability	1.63	1.62	0.00
Calmar ratio: Return relative to maximum drawdown	9.88	9.82	+0.06
Martin ratio: Return relative to average drawdown	36.18	35.85	+0.34

SCMIX vs. SLMCX - Sharpe Ratio Comparison

The current SCMIX Sharpe Ratio is 4.40, which is comparable to the SLMCX Sharpe Ratio of 4.37. The chart below compares the historical Sharpe Ratios of SCMIX and SLMCX, 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

SCMIX vs. SLMCX - Drawdown Comparison

The maximum SCMIX drawdown since its inception was -50.85%, smaller than the maximum SLMCX drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for SCMIX and SLMCX.

Drawdown Indicators

	SCMIX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	-50.85%	-68.10%	+17.25%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-12.33%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-29.08%	-29.13%	+0.05%
Max Drawdown (5Y) Largest decline over 5 years	-37.18%	-37.32%	+0.14%
Max Drawdown (10Y) Largest decline over 10 years	-37.18%	-37.32%	+0.14%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.40%	-12.99%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	3.37%	-0.01%

Volatility

SCMIX vs. SLMCX - Volatility Comparison

Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and Columbia Seligman Technology and Information Fund (SLMCX) have volatilities of 11.52% and 11.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCMIX	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.52%	11.53%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	21.80%	21.80%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	27.71%	27.70%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.55%	26.55%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.30%	26.31%	-0.01%

SCMIX vs. SLMCX - Expense Ratio Comparison

SCMIX has a 0.89% expense ratio, which is lower than SLMCX's 1.17% expense ratio.

Dividends

SCMIX vs. SLMCX - Dividend Comparison

SCMIX's dividend yield for the trailing twelve months is around 4.98%, less than SLMCX's 5.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class	4.98%	7.93%	12.11%	4.52%	8.08%	10.45%	9.38%	10.47%	11.30%	10.48%	7.88%	10.40%
SLMCX Columbia Seligman Technology and Information Fund	5.94%	9.45%	14.27%	5.16%	9.42%	11.75%	10.40%	11.44%	12.33%	11.15%	8.19%	10.79%

Frequently Asked Questions

Can I hold both SCMIX and SLMCX in my portfolio?

With a correlation of 1.00, SCMIX and SLMCX 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, SCMIX or SLMCX?

SLMCX has higher volatility (11.53%) compared to SCMIX (11.52%). In terms of maximum drawdown, SCMIX dropped -50.85% vs SLMCX's -68.10%.

Which has better risk-adjusted returns?

SCMIX currently has the higher Sharpe Ratio (4.40 vs 4.37), 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.