SHGTX vs. SPY
Compare and contrast key facts about Columbia Seligman Global Technology Fund (SHGTX) and SPDR S&P 500 ETF (SPY).
SHGTX is managed by Columbia Threadneedle. It was launched on May 22, 1994. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHGTX or SPY.
Correlation
The correlation between SHGTX and SPY is 0.77, 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.
Performance
SHGTX vs. SPY - Performance Comparison
Key characteristics
SHGTX:
-0.48
SPY:
0.30
SHGTX:
-0.46
SPY:
0.56
SHGTX:
0.93
SPY:
1.08
SHGTX:
-0.43
SPY:
0.31
SHGTX:
-1.28
SPY:
1.40
SHGTX:
11.81%
SPY:
4.18%
SHGTX:
31.77%
SPY:
19.64%
SHGTX:
-82.03%
SPY:
-55.19%
SHGTX:
-31.89%
SPY:
-13.86%
Returns By Period
In the year-to-date period, SHGTX achieves a -19.88% return, which is significantly lower than SPY's -9.91% return. Over the past 10 years, SHGTX has underperformed SPY with an annualized return of 6.55%, while SPY has yielded a comparatively higher 11.59% annualized return.
SHGTX
-19.88%
-13.49%
-25.32%
-12.90%
7.77%
6.55%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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SHGTX vs. SPY - Expense Ratio Comparison
SHGTX has a 1.29% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SHGTX vs. SPY — Risk-Adjusted Performance Rank
SHGTX
SPY
SHGTX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Global Technology Fund (SHGTX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
SHGTX vs. SPY - Dividend Comparison
SHGTX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHGTX Columbia Seligman Global Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SHGTX vs. SPY - Drawdown Comparison
The maximum SHGTX drawdown since its inception was -82.03%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SHGTX and SPY. For additional features, visit the drawdowns tool.
Volatility
SHGTX vs. SPY - Volatility Comparison
Columbia Seligman Global Technology Fund (SHGTX) has a higher volatility of 18.31% compared to SPDR S&P 500 ETF (SPY) at 14.52%. This indicates that SHGTX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.