SHGTX vs. COSYX

Last updated Jun 25, 2026

SHGTX (Columbia Seligman Global Technology Fund) and COSYX (Columbia Overseas Value Fund Institutional 3 Class) are both mutual funds - SHGTX is a Technology Equities fund managed by Columbia, while COSYX is a Foreign Large Cap Equities fund managed by Columbia. Over the past 10 years, SHGTX returned 28.01%/yr vs 10.50%/yr for COSYX. A 0.60 correlation means they provide meaningful diversification when combined. SHGTX charges 1.29%/yr vs 0.77%/yr for COSYX.

Performance

SHGTX vs. COSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Global Technology Fund (SHGTX) and Columbia Overseas Value Fund Institutional 3 Class (COSYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHGTX achieves a 52.60% return, which is significantly higher than COSYX's -0.35% return. Over the past 10 years, SHGTX has outperformed COSYX with an annualized return of 28.01%, while COSYX has yielded a comparatively lower 10.50% annualized return.

SHGTX

• 1D: -3.56%
• 1M: 4.21%
• YTD: 52.60%
• 6M: 49.84%
• 1Y: 102.06%
• 3Y*: 44.15%
• 5Y*: 24.24%
• 10Y*: 28.01%

COSYX

• 1D: -1.40%
• 1M: -7.37%
• YTD: -0.35%
• 6M: -0.98%
• 1Y: 16.79%
• 3Y*: 18.91%
• 5Y*: 10.56%
• 10Y*: 10.50%

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

SHGTX vs. COSYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHGTX Columbia Seligman Global Technology Fund	52.60%	35.09%	26.04%	45.28%	-31.70%	38.60%	45.56%	54.92%	-8.70%	34.52%
COSYX Columbia Overseas Value Fund Institutional 3 Class	-0.35%	45.97%	4.87%	16.28%	-5.91%	10.98%	-0.05%	22.64%	-16.64%	27.80%

Correlation

The correlation between SHGTX and COSYX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.60

The correlation between SHGTX and COSYX has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

Return for Risk

SHGTX vs. COSYX — Risk / Return Rank

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

SHGTX

SHGTX Risk / Return Rank: 95
SHGTX Sharpe Ratio Rank: 99
SHGTX Sortino Ratio Rank: 91
SHGTX Omega Ratio Rank: 87
SHGTX Calmar Ratio Rank: 98
SHGTX Martin Ratio Rank: 98

COSYX

COSYX Risk / Return Rank: 23
COSYX Sharpe Ratio Rank: 24
COSYX Sortino Ratio Rank: 21
COSYX Omega Ratio Rank: 25
COSYX Calmar Ratio Rank: 23
COSYX Martin Ratio Rank: 23

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. COSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Global Technology Fund (SHGTX) and Columbia Overseas Value Fund Institutional 3 Class (COSYX). 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	COSYX	Difference
Sharpe ratio: Return per unit of total volatility	3.85	1.22	+2.63
Sortino ratio: Return per unit of downside risk	4.16	1.68	+2.47
Omega ratio: Gain probability vs. loss probability	1.56	1.23	+0.33
Calmar ratio: Return relative to maximum drawdown	8.67	1.54	+7.13
Martin ratio: Return relative to average drawdown	30.91	4.88	+26.02

SHGTX vs. COSYX - Sharpe Ratio Comparison

The current SHGTX Sharpe Ratio is 3.85, which is higher than the COSYX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of SHGTX and COSYX, 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. COSYX - Drawdown Comparison

The maximum SHGTX drawdown since its inception was -77.47%, which is greater than COSYX's maximum drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for SHGTX and COSYX.

Drawdown Indicators

	SHGTX	COSYX	Difference
Max Drawdown Largest peak-to-trough decline	-77.47%	-43.16%	-34.31%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-11.76%	-0.69%
Max Drawdown (3Y) Largest decline over 3 years	-28.90%	-13.32%	-15.58%
Max Drawdown (5Y) Largest decline over 5 years	-43.17%	-25.80%	-17.37%
Max Drawdown (10Y) Largest decline over 10 years	-43.17%	-43.16%	-0.01%
Current Drawdown Current decline from peak	-3.64%	-11.45%	+7.81%
Average Drawdown Average peak-to-trough decline	-24.90%	-7.10%	-17.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	3.71%	-0.23%

Volatility

SHGTX vs. COSYX - Volatility Comparison

Columbia Seligman Global Technology Fund (SHGTX) has a higher volatility of 12.17% compared to Columbia Overseas Value Fund Institutional 3 Class (COSYX) at 6.32%. This indicates that SHGTX's price experiences larger fluctuations and is considered to be riskier than COSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHGTX	COSYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.17%	6.32%	+5.85%
Volatility (6M) Calculated over the trailing 6-month period	22.03%	12.48%	+9.55%
Volatility (1Y) Calculated over the trailing 1-year period	28.04%	14.91%	+13.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.83%	16.03%	+11.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.94%	17.19%	+9.75%

SHGTX vs. COSYX - Expense Ratio Comparison

SHGTX has a 1.29% expense ratio, which is higher than COSYX's 0.77% expense ratio.

Dividends

SHGTX vs. COSYX - Dividend Comparison

SHGTX's dividend yield for the trailing twelve months is around 5.54%, less than COSYX's 8.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COSYX Columbia Overseas Value Fund Institutional 3 Class	8.08%	8.05%	5.55%	4.11%	2.00%	3.75%	1.82%	3.97%	3.75%	1.71%	2.20%	0.00%
SHGTX Columbia Seligman Global Technology Fund	5.54%	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 COSYX in my portfolio?

SHGTX and COSYX have a correlation of 0.52, 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 COSYX?

SHGTX has higher volatility (12.17%) compared to COSYX (6.32%). In terms of maximum drawdown, SHGTX dropped -77.47% vs COSYX's -43.16%.

Which has better risk-adjusted returns?

SHGTX currently has the higher Sharpe Ratio (3.85 vs 1.22), 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.