SHGTX vs. CMTFX

Last updated Jun 23, 2026

SHGTX (Columbia Seligman Global Technology Fund) and CMTFX (Columbia Global Technology Growth Fund) are both Technology Equities funds from Columbia. Over the past 10 years, SHGTX returned 27.99%/yr vs 25.07%/yr for CMTFX. Their correlation of 0.92 suggests significant overlap in exposure. SHGTX charges 1.29%/yr vs 0.92%/yr for CMTFX.

Performance

SHGTX vs. CMTFX - Performance Comparison

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

Returns By Period

In the year-to-date period, SHGTX achieves a 58.24% return, which is significantly higher than CMTFX's 30.99% return. Over the past 10 years, SHGTX has outperformed CMTFX with an annualized return of 27.99%, while CMTFX has yielded a comparatively lower 25.07% annualized return.

SHGTX

• 1D: 3.81%
• 1M: 8.06%
• YTD: 58.24%
• 6M: 56.21%
• 1Y: 116.33%
• 3Y*: 44.50%
• 5Y*: 25.92%
• 10Y*: 27.99%

CMTFX

• 1D: 3.52%
• 1M: 7.75%
• YTD: 30.99%
• 6M: 30.90%
• 1Y: 59.18%
• 3Y*: 34.53%
• 5Y*: 20.15%
• 10Y*: 25.07%

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

SHGTX vs. CMTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHGTX Columbia Seligman Global Technology Fund	58.24%	35.09%	26.04%	45.28%	-31.70%	38.60%	45.56%	54.92%	-8.70%	34.52%
CMTFX Columbia Global Technology Growth Fund	30.99%	25.10%	31.72%	56.85%	-34.63%	23.04%	49.65%	44.21%	-1.26%	43.38%

Correlation

The correlation between SHGTX and CMTFX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Nov 9, 2000	0.92

The correlation between SHGTX and CMTFX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

SHGTX vs. CMTFX — Risk / Return Rank

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

SHGTX

SHGTX Risk / Return Rank: 96
SHGTX Sharpe Ratio Rank: 99
SHGTX Sortino Ratio Rank: 93
SHGTX Omega Ratio Rank: 89
SHGTX Calmar Ratio Rank: 98
SHGTX Martin Ratio Rank: 98

CMTFX

CMTFX Risk / Return Rank: 77
CMTFX Sharpe Ratio Rank: 83
CMTFX Sortino Ratio Rank: 65
CMTFX Omega Ratio Rank: 67
CMTFX Calmar Ratio Rank: 88
CMTFX Martin Ratio Rank: 84

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. CMTFX - Risk-Adjusted Trends Comparison

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

	SHGTX	CMTFX	Difference
Sharpe ratio: Return per unit of total volatility	4.17	2.49	+1.68
Sortino ratio: Return per unit of downside risk	4.44	3.05	+1.38
Omega ratio: Gain probability vs. loss probability	1.60	1.41	+0.19
Calmar ratio: Return relative to maximum drawdown	9.28	4.07	+5.21
Martin ratio: Return relative to average drawdown	33.22	14.50	+18.72

SHGTX vs. CMTFX - Sharpe Ratio Comparison

The current SHGTX Sharpe Ratio is 4.17, which is higher than the CMTFX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of SHGTX and CMTFX, 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

SHGTX vs. CMTFX - Drawdown Comparison

The maximum SHGTX drawdown since its inception was -77.47%, which is greater than CMTFX's maximum drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for SHGTX and CMTFX.

Drawdown Indicators

	SHGTX	CMTFX	Difference
Max Drawdown Largest peak-to-trough decline	-77.47%	-68.28%	-9.19%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-14.35%	+1.90%
Max Drawdown (3Y) Largest decline over 3 years	-28.90%	-26.63%	-2.27%
Max Drawdown (5Y) Largest decline over 5 years	-43.17%	-39.42%	-3.75%
Max Drawdown (10Y) Largest decline over 10 years	-43.17%	-39.42%	-3.75%
Current Drawdown Current decline from peak	-0.08%	-0.91%	+0.83%
Average Drawdown Average peak-to-trough decline	-24.90%	-16.27%	-8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	4.02%	-0.55%

Volatility

SHGTX vs. CMTFX - Volatility Comparison

Columbia Seligman Global Technology Fund (SHGTX) and Columbia Global Technology Growth Fund (CMTFX) have volatilities of 11.69% and 11.74%, 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

	SHGTX	CMTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.69%	11.74%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	21.95%	19.53%	+2.42%
Volatility (1Y) Calculated over the trailing 1-year period	27.74%	23.43%	+4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.77%	26.37%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.96%	25.05%	+1.91%

SHGTX vs. CMTFX - Expense Ratio Comparison

SHGTX has a 1.29% expense ratio, which is higher than CMTFX's 0.92% expense ratio.

Dividends

SHGTX vs. CMTFX - Dividend Comparison

SHGTX's dividend yield for the trailing twelve months is around 5.34%, 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%
SHGTX Columbia Seligman Global Technology Fund	5.34%	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 CMTFX in my portfolio?

With a correlation of 0.90, SHGTX and CMTFX 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, SHGTX or CMTFX?

CMTFX has higher volatility (11.74%) compared to SHGTX (11.69%). In terms of maximum drawdown, SHGTX dropped -77.47% vs CMTFX's -68.28%.

Which has better risk-adjusted returns?

SHGTX currently has the higher Sharpe Ratio (4.17 vs 2.49), 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.