SLMCX vs. QQQ
Compare and contrast key facts about Columbia Seligman Technology and Information Fund (SLMCX) and Invesco QQQ (QQQ).
SLMCX is managed by Columbia Threadneedle. It was launched on Jun 22, 1983. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLMCX or QQQ.
Correlation
The correlation between SLMCX and QQQ is 0.88, 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
SLMCX vs. QQQ - Performance Comparison
Key characteristics
SLMCX:
0.41
QQQ:
1.28
SLMCX:
0.65
QQQ:
1.76
SLMCX:
1.10
QQQ:
1.23
SLMCX:
0.48
QQQ:
1.74
SLMCX:
1.66
QQQ:
6.05
SLMCX:
6.14%
QQQ:
3.91%
SLMCX:
24.77%
QQQ:
18.45%
SLMCX:
-77.96%
QQQ:
-82.98%
SLMCX:
-13.26%
QQQ:
-3.07%
Returns By Period
The year-to-date returns for both stocks are quite close, with SLMCX having a 1.91% return and QQQ slightly lower at 1.88%. Over the past 10 years, SLMCX has underperformed QQQ with an annualized return of 8.73%, while QQQ has yielded a comparatively higher 18.80% annualized return.
SLMCX
1.91%
1.28%
-1.71%
10.05%
9.73%
8.73%
QQQ
1.88%
1.01%
10.90%
23.19%
19.76%
18.80%
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SLMCX vs. QQQ - Expense Ratio Comparison
SLMCX has a 1.17% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SLMCX vs. QQQ — Risk-Adjusted Performance Rank
SLMCX
QQQ
SLMCX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund (SLMCX) and Invesco QQQ (QQQ). 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
SLMCX vs. QQQ - Dividend Comparison
SLMCX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLMCX Columbia Seligman Technology and Information Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SLMCX vs. QQQ - Drawdown Comparison
The maximum SLMCX drawdown since its inception was -77.96%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SLMCX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SLMCX vs. QQQ - Volatility Comparison
Columbia Seligman Technology and Information Fund (SLMCX) has a higher volatility of 8.24% compared to Invesco QQQ (QQQ) at 6.12%. This indicates that SLMCX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.