SHGTX vs. SLMCX

Last updated Jun 4, 2026

SHGTX (Columbia Seligman Global Technology Fund) and SLMCX (Columbia Seligman Technology and Information Fund) are both Technology Equities funds from Columbia. Over the past 10 years, SHGTX returned 27.87%/yr vs 28.01%/yr for SLMCX. With a 0.96 correlation, they move nearly in lockstep. SHGTX charges 1.29%/yr vs 1.17%/yr for SLMCX.

Performance

SHGTX vs. SLMCX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with SHGTX having a 58.37% return and SLMCX slightly higher at 58.65%. Both investments have delivered pretty close results over the past 10 years, with SHGTX having a 27.87% annualized return and SLMCX not far ahead at 28.01%.

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%

SLMCX

• 1D: 3.67%
• 1M: 15.56%
• YTD: 58.65%
• 6M: 55.34%
• 1Y: 126.30%
• 3Y*: 47.62%
• 5Y*: 26.81%
• 10Y*: 28.01%

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

SHGTX vs. SLMCX - 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%
SLMCX Columbia Seligman Technology and Information Fund	58.65%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between SHGTX and SLMCX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since May 24, 1994	0.96

The correlation between SHGTX and SLMCX has been stable across timeframes, ranging from 0.96 to 1.00 - a consistent structural relationship.

Return for Risk

SHGTX vs. SLMCX — 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

SLMCX

SLMCX Risk / Return Rank: 97
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 96
SLMCX Omega Ratio Rank: 93
SLMCX Calmar Ratio Rank: 99
SLMCX Martin Ratio Rank: 99

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. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Global Technology Fund (SHGTX) and Columbia Seligman Technology and Information Fund (SLMCX). 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	SLMCX	Difference
Sharpe ratio: Return per unit of total volatility	4.85	5.03	-0.18
Sortino ratio: Return per unit of downside risk	5.10	5.23	-0.13
Omega ratio: Gain probability vs. loss probability	1.69	1.71	-0.02
Calmar ratio: Return relative to maximum drawdown	10.16	10.65	-0.49
Martin ratio: Return relative to average drawdown	38.70	41.17	-2.47
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. SLMCX - Sharpe Ratio Comparison

The current SHGTX Sharpe Ratio is 4.85, which is comparable to the SLMCX Sharpe Ratio of 5.03. The chart below compares the historical Sharpe Ratios of SHGTX and SLMCX, 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	SLMCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.85	5.03	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	1.03	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.04	1.08	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.73	-0.07

Drawdowns

SHGTX vs. SLMCX - Drawdown Comparison

The maximum SHGTX drawdown since its inception was -77.47%, which is greater than SLMCX's maximum drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for SHGTX and SLMCX.

Drawdown Indicators

	SHGTX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	-77.47%	-68.10%	-9.37%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-12.33%	-0.12%
Max Drawdown (3Y) Largest decline over 3 years	-28.90%	-29.13%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	-43.17%	-37.32%	-5.85%
Max Drawdown (10Y) Largest decline over 10 years	-43.17%	-37.32%	-5.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-24.94%	-13.00%	-11.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	3.18%	+0.08%

Volatility

SHGTX vs. SLMCX - Volatility Comparison

Columbia Seligman Global Technology Fund (SHGTX) and Columbia Seligman Technology and Information Fund (SLMCX) have volatilities of 7.24% and 7.25%, 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	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	7.25%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	20.14%	20.07%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	26.07%	26.09%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.43%	26.21%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.79%	26.14%	+0.65%

SHGTX vs. SLMCX - Expense Ratio Comparison

SHGTX has a 1.29% expense ratio, which is higher than SLMCX's 1.17% expense ratio.

Dividends

SHGTX vs. SLMCX - Dividend Comparison

SHGTX's dividend yield for the trailing twelve months is around 5.33%, less than SLMCX's 5.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SLMCX Columbia Seligman Technology and Information Fund	5.96%	9.45%	14.27%	5.16%	9.42%	11.75%	10.40%	11.44%	12.33%	11.15%	8.19%	10.79%

Frequently Asked Questions

Can I hold both SHGTX and SLMCX in my portfolio?

With a correlation of 1.00, SHGTX and SLMCX 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 SLMCX?

SLMCX has higher volatility (7.25%) compared to SHGTX (7.24%). In terms of maximum drawdown, SHGTX dropped -77.47% vs SLMCX's -68.10%.

Which has better risk-adjusted returns?

SLMCX currently has the higher Sharpe Ratio (5.03 vs 4.85), 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.