SHGTX vs. CCSZX

Last updated Jun 4, 2026

SHGTX (Columbia Seligman Global Technology Fund) and CCSZX (Columbia Commodity Strategy Fund) are both mutual funds - SHGTX is a Technology Equities fund managed by Columbia, while CCSZX is a Commodities fund managed by Columbia. Over the past 10 years, SHGTX returned 27.87%/yr vs 7.81%/yr for CCSZX. At a 0.18 correlation, their price movements are largely independent. SHGTX charges 1.29%/yr vs 0.86%/yr for CCSZX.

Performance

SHGTX vs. CCSZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Global Technology Fund (SHGTX) and Columbia Commodity Strategy Fund (CCSZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHGTX achieves a 58.37% return, which is significantly higher than CCSZX's 29.96% return. Over the past 10 years, SHGTX has outperformed CCSZX with an annualized return of 27.87%, while CCSZX has yielded a comparatively lower 7.81% annualized return.

SHGTX

• 1D: 3.58%
• 1M: 16.12%
• YTD: 58.37%
• 6M: 55.67%
• 1Y: 121.45%
• 3Y*: 46.55%
• 5Y*: 26.25%
• 10Y*: 27.87%

CCSZX

• 1D: 0.31%
• 1M: -1.83%
• YTD: 29.96%
• 6M: 29.38%
• 1Y: 42.95%
• 3Y*: 18.18%
• 5Y*: 13.19%
• 10Y*: 7.81%

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

SHGTX vs. CCSZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHGTX Columbia Seligman Global Technology Fund	58.37%	35.09%	26.04%	45.28%	-31.70%	38.60%	45.56%	54.92%	-8.70%	34.52%
CCSZX Columbia Commodity Strategy Fund	29.96%	15.36%	7.11%	-6.90%	15.80%	31.34%	-1.17%	7.45%	-14.09%	1.71%

Correlation

The correlation between SHGTX and CCSZX is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jun 19, 2012	0.18

The correlation between SHGTX and CCSZX shifts across timeframes, from -0.02 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SHGTX vs. CCSZX — Risk / Return Rank

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

SHGTX

SHGTX Risk / Return Rank: 97
SHGTX Sharpe Ratio Rank: 99
SHGTX Sortino Ratio Rank: 95
SHGTX Omega Ratio Rank: 92
SHGTX Calmar Ratio Rank: 99
SHGTX Martin Ratio Rank: 98

CCSZX

CCSZX Risk / Return Rank: 79
CCSZX Sharpe Ratio Rank: 81
CCSZX Sortino Ratio Rank: 60
CCSZX Omega Ratio Rank: 70
CCSZX Calmar Ratio Rank: 96
CCSZX Martin Ratio Rank: 89

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.

SHGTX vs. CCSZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Global Technology Fund (SHGTX) and Columbia Commodity Strategy Fund (CCSZX). 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.

	SHGTX	CCSZX	Difference
Sharpe ratio: Return per unit of total volatility	4.85	2.64	+2.21
Sortino ratio: Return per unit of downside risk	5.10	3.26	+1.84
Omega ratio: Gain probability vs. loss probability	1.69	1.47	+0.22
Calmar ratio: Return relative to maximum drawdown	10.16	6.38	+3.77
Martin ratio: Return relative to average drawdown	38.70	17.57	+21.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHGTX vs. CCSZX - Sharpe Ratio Comparison

The current SHGTX Sharpe Ratio is 4.85, which is higher than the CCSZX Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of SHGTX and CCSZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SHGTX	CCSZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.85	2.64	+2.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	0.78	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.04	0.52	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.16	+0.50

Drawdowns

SHGTX vs. CCSZX - Drawdown Comparison

The maximum SHGTX drawdown since its inception was -77.47%, which is greater than CCSZX's maximum drawdown of -61.34%. Use the drawdown chart below to compare losses from any high point for SHGTX and CCSZX.

Drawdown Indicators

	SHGTX	CCSZX	Difference
Max Drawdown Largest peak-to-trough decline	-77.47%	-61.34%	-16.13%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-6.83%	-5.62%
Max Drawdown (3Y) Largest decline over 3 years	-28.90%	-11.17%	-17.73%
Max Drawdown (5Y) Largest decline over 5 years	-43.17%	-27.86%	-15.31%
Max Drawdown (10Y) Largest decline over 10 years	-43.17%	-34.16%	-9.01%
Current Drawdown Current decline from peak	0.00%	-3.31%	+3.31%
Average Drawdown Average peak-to-trough decline	-24.94%	-31.36%	+6.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	2.48%	+0.78%

Volatility

SHGTX vs. CCSZX - Volatility Comparison

Columbia Seligman Global Technology Fund (SHGTX) has a higher volatility of 7.24% compared to Columbia Commodity Strategy Fund (CCSZX) at 5.55%. This indicates that SHGTX's price experiences larger fluctuations and is considered to be riskier than CCSZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHGTX	CCSZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	5.55%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	20.14%	14.46%	+5.68%
Volatility (1Y) Calculated over the trailing 1-year period	26.07%	16.61%	+9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.43%	16.97%	+10.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.79%	14.93%	+11.86%

SHGTX vs. CCSZX - Expense Ratio Comparison

SHGTX has a 1.29% expense ratio, which is higher than CCSZX's 0.86% expense ratio.

Dividends

SHGTX vs. CCSZX - Dividend Comparison

SHGTX's dividend yield for the trailing twelve months is around 5.33%, more than CCSZX's 2.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCSZX Columbia Commodity Strategy Fund	2.31%	3.00%	8.84%	4.42%	94.73%	36.39%	0.13%	1.09%	18.52%	0.09%	0.00%	0.00%
SHGTX Columbia Seligman Global Technology Fund	5.33%	8.45%	14.04%	6.22%	3.94%	11.77%	9.92%	10.26%	12.75%	7.25%	8.13%	8.09%

Frequently Asked Questions

Can I hold both SHGTX and CCSZX in my portfolio?

SHGTX and CCSZX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHGTX or CCSZX?

SHGTX has higher volatility (7.24%) compared to CCSZX (5.55%). In terms of maximum drawdown, SHGTX dropped -77.47% vs CCSZX's -61.34%.

Which has better risk-adjusted returns?

SHGTX currently has the higher Sharpe Ratio (4.85 vs 2.64), 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.