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.
Performance
SHGTX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, SHGTX achieves a 22.96% return, which is significantly lower than SPY's 25.41% return. Over the past 10 years, SHGTX has underperformed SPY with an annualized return of 10.08%, while SPY has yielded a comparatively higher 13.07% annualized return.
SHGTX
22.96%
3.52%
8.80%
25.20%
11.84%
10.08%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| SHGTX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.16 | 2.62 |
| Sortino Ratio | 1.62 | 3.50 |
| Omega Ratio | 1.22 | 1.49 |
| Calmar Ratio | 1.09 | 3.78 |
| Martin Ratio | 5.86 | 17.00 |
| Ulcer Index | 4.12% | 1.87% |
| Daily Std Dev | 20.77% | 12.14% |
| Max Drawdown | -82.03% | -55.19% |
| Current Drawdown | -0.83% | -1.38% |
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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.
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.
Risk-Adjusted Performance
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 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHGTX Columbia Seligman Global Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 5.36% compared to SPDR S&P 500 ETF (SPY) at 4.09%. 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.