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SHGTX vs. PRWAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SHGTX vs. PRWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Global Technology Fund (SHGTX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.80%
11.22%
SHGTX
PRWAX

Returns By Period

In the year-to-date period, SHGTX achieves a 24.68% return, which is significantly lower than PRWAX's 27.87% return. Over the past 10 years, SHGTX has outperformed PRWAX with an annualized return of 10.11%, while PRWAX has yielded a comparatively lower 5.39% annualized return.


SHGTX

YTD

24.68%

1M

6.51%

6M

9.80%

1Y

25.64%

5Y (annualized)

12.13%

10Y (annualized)

10.11%

PRWAX

YTD

27.87%

1M

3.38%

6M

11.22%

1Y

26.83%

5Y (annualized)

7.94%

10Y (annualized)

5.39%

Key characteristics


SHGTXPRWAX
Sharpe Ratio1.241.95
Sortino Ratio1.712.54
Omega Ratio1.231.37
Calmar Ratio1.151.01
Martin Ratio6.2310.98
Ulcer Index4.12%2.44%
Daily Std Dev20.74%13.79%
Max Drawdown-82.03%-70.45%
Current Drawdown0.00%-4.22%

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SHGTX vs. PRWAX - Expense Ratio Comparison

SHGTX has a 1.29% expense ratio, which is higher than PRWAX's 0.76% expense ratio.


SHGTX
Columbia Seligman Global Technology Fund
Expense ratio chart for SHGTX: current value at 1.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.29%
Expense ratio chart for PRWAX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Correlation

-0.50.00.51.00.8

The correlation between SHGTX and PRWAX is 0.82, 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.

Risk-Adjusted Performance

SHGTX vs. PRWAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Global Technology Fund (SHGTX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.


Sharpe ratio
The chart of Sharpe ratio for SHGTX, currently valued at 1.24, compared to the broader market-1.000.001.002.003.004.005.001.241.95
The chart of Sortino ratio for SHGTX, currently valued at 1.71, compared to the broader market0.005.0010.001.712.54
The chart of Omega ratio for SHGTX, currently valued at 1.23, compared to the broader market1.002.003.004.001.231.37
The chart of Calmar ratio for SHGTX, currently valued at 1.15, compared to the broader market0.005.0010.0015.0020.001.151.01
The chart of Martin ratio for SHGTX, currently valued at 6.23, compared to the broader market0.0020.0040.0060.0080.00100.006.2310.98
SHGTX
PRWAX

The current SHGTX Sharpe Ratio is 1.24, which is lower than the PRWAX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of SHGTX and PRWAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.24
1.95
SHGTX
PRWAX

Dividends

SHGTX vs. PRWAX - Dividend Comparison

SHGTX has not paid dividends to shareholders, while PRWAX's dividend yield for the trailing twelve months is around 0.16%.


TTM20232022202120202019201820172016
SHGTX
Columbia Seligman Global Technology Fund
0.00%0.00%0.00%0.00%0.27%0.00%0.00%0.00%0.00%
PRWAX
T. Rowe Price All-Cap Opportunities Fund
0.16%0.20%0.00%0.00%0.03%0.40%0.23%0.17%0.05%

Drawdowns

SHGTX vs. PRWAX - Drawdown Comparison

The maximum SHGTX drawdown since its inception was -82.03%, which is greater than PRWAX's maximum drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for SHGTX and PRWAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-4.22%
SHGTX
PRWAX

Volatility

SHGTX vs. PRWAX - Volatility Comparison

Columbia Seligman Global Technology Fund (SHGTX) has a higher volatility of 5.18% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 3.95%. This indicates that SHGTX's price experiences larger fluctuations and is considered to be riskier than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.18%
3.95%
SHGTX
PRWAX