SCMIX vs. WIREX
Compare and contrast key facts about Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) and Wireless Fund (WIREX).
SCMIX is an actively managed fund by Columbia. It was launched on Nov 30, 2001. WIREX is managed by Wireless. It was launched on Apr 3, 2000.
Performance
SCMIX vs. WIREX - Performance Comparison
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SCMIX vs. WIREX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 0.24% | 37.73% | 27.06% | 44.68% | -30.96% | 39.37% | 44.85% | 54.60% | -7.81% | 34.46% |
WIREX Wireless Fund | -11.18% | 26.45% | 38.24% | 57.70% | -34.76% | 23.22% | 41.12% | 37.03% | -4.60% | 29.76% |
Returns By Period
In the year-to-date period, SCMIX achieves a 0.24% return, which is significantly higher than WIREX's -11.18% return. Over the past 10 years, SCMIX has outperformed WIREX with an annualized return of 22.57%, while WIREX has yielded a comparatively lower 17.28% annualized return.
SCMIX
- 1D
- -2.98%
- 1M
- -9.31%
- YTD
- 0.24%
- 6M
- 5.30%
- 1Y
- 58.63%
- 3Y*
- 29.65%
- 5Y*
- 16.87%
- 10Y*
- 22.57%
WIREX
- 1D
- -1.51%
- 1M
- -9.44%
- YTD
- -11.18%
- 6M
- -9.46%
- 1Y
- 28.92%
- 3Y*
- 26.56%
- 5Y*
- 14.08%
- 10Y*
- 17.28%
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SCMIX vs. WIREX - Expense Ratio Comparison
SCMIX has a 0.89% expense ratio, which is lower than WIREX's 1.95% expense ratio.
Return for Risk
SCMIX vs. WIREX — Risk / Return Rank
SCMIX
WIREX
SCMIX vs. WIREX - 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 Wireless Fund (WIREX). 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.
| SCMIX | WIREX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 1.09 | +0.82 |
Sortino ratioReturn per unit of downside risk | 2.48 | 1.65 | +0.83 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.23 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.58 | 1.57 | +2.01 |
Martin ratioReturn relative to average drawdown | 13.59 | 5.25 | +8.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCMIX | WIREX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 1.09 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.01 | +0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 0.01 | +0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.00 | +0.60 |
Correlation
The correlation between SCMIX and WIREX is 0.86, 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.
Dividends
SCMIX vs. WIREX - Dividend Comparison
SCMIX's dividend yield for the trailing twelve months is around 7.91%, more than WIREX's 3.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 7.91% | 7.93% | 12.11% | 4.52% | 8.08% | 10.45% | 9.38% | 10.47% | 11.30% | 10.48% | 7.88% | 10.40% |
WIREX Wireless Fund | 3.83% | 3.41% | 1.95% | 0.45% | 6.80% | 16.58% | 11.36% | 21.52% | 5.51% | 0.00% | 0.00% | 0.00% |
Drawdowns
SCMIX vs. WIREX - Drawdown Comparison
The maximum SCMIX drawdown since its inception was -50.85%, smaller than the maximum WIREX drawdown of -98.24%. Use the drawdown chart below to compare losses from any high point for SCMIX and WIREX.
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Drawdown Indicators
| SCMIX | WIREX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.85% | -98.24% | +47.39% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -16.20% | +1.32% |
Max Drawdown (5Y)Largest decline over 5 years | -37.18% | -98.24% | +61.06% |
Max Drawdown (10Y)Largest decline over 10 years | -37.18% | -98.24% | +61.06% |
Current DrawdownCurrent decline from peak | -11.91% | -97.44% | +85.53% |
Average DrawdownAverage peak-to-trough decline | -9.47% | -60.77% | +51.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.91% | 4.84% | -0.93% |
Volatility
SCMIX vs. WIREX - Volatility Comparison
Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) has a higher volatility of 9.50% compared to Wireless Fund (WIREX) at 7.08%. This indicates that SCMIX's price experiences larger fluctuations and is considered to be riskier than WIREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCMIX | WIREX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 7.08% | +2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 21.01% | 16.19% | +4.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.59% | 26.56% | +4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.96% | 2,245.99% | -2,220.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.93% | 1,588.19% | -1,562.26% |