SLMCX vs. SCMIX
SLMCX (Columbia Seligman Technology and Information Fund) and SCMIX (Columbia Seligman Technology and Information Fund Institutional 2 Class) are both Technology Equities funds from Columbia. Over the past 10 years, SLMCX returned 28.01%/yr vs 28.38%/yr for SCMIX. With a 1.00 correlation, they move nearly in lockstep. SLMCX charges 1.17%/yr vs 0.89%/yr for SCMIX.
Performance
SLMCX vs. SCMIX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SLMCX having a 58.65% return and SCMIX slightly higher at 58.84%. Both investments have delivered pretty close results over the past 10 years, with SLMCX having a 28.01% annualized return and SCMIX not far ahead at 28.38%.
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%
SCMIX
- 1D
- 3.67%
- 1M
- 15.59%
- YTD
- 58.84%
- 6M
- 55.57%
- 1Y
- 126.94%
- 3Y*
- 48.05%
- 5Y*
- 27.17%
- 10Y*
- 28.38%
SLMCX vs. SCMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 58.84% | 37.73% | 27.06% | 44.68% | -30.96% | 39.37% | 44.85% | 54.60% | -7.81% | 34.46% |
Correlation
The correlation between SLMCX and SCMIX 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 | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2002 | 1.00 |
The correlation between SLMCX and SCMIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
SLMCX vs. SCMIX — Risk / Return Rank
SLMCX
SCMIX
SLMCX vs. SCMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund (SLMCX) and Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX). 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.
| SLMCX | SCMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.71 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 10.65 | 10.71 | -0.06 |
| Martin ratioReturn relative to average drawdown | 41.17 | 41.57 | -0.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SLMCX | SCMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.03 | 5.06 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 1.04 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 1.09 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.69 | +0.04 |
Drawdowns
SLMCX vs. SCMIX - Drawdown Comparison
The maximum SLMCX drawdown since its inception was -68.10%, which is greater than SCMIX's maximum drawdown of -50.85%. Use the drawdown chart below to compare losses from any high point for SLMCX and SCMIX.
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Drawdown Indicators
| SLMCX | SCMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.10% | -50.85% | -17.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -12.32% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -29.13% | -29.08% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -37.32% | -37.18% | -0.14% |
Max Drawdown (10Y)Largest decline over 10 years | -37.32% | -37.18% | -0.14% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -13.00% | -9.41% | -3.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 3.17% | +0.01% |
Volatility
SLMCX vs. SCMIX - Volatility Comparison
Columbia Seligman Technology and Information Fund (SLMCX) and Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) have volatilities of 7.25% 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.
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Volatility by Period
| SLMCX | SCMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.25% | 7.25% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 20.07% | 20.07% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.09% | 26.09% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.21% | 26.21% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.14% | 26.14% | 0.00% |
SLMCX vs. SCMIX - Expense Ratio Comparison
SLMCX has a 1.17% expense ratio, which is higher than SCMIX's 0.89% expense ratio.
Dividends
SLMCX vs. SCMIX - Dividend Comparison
SLMCX's dividend yield for the trailing twelve months is around 5.96%, more than SCMIX's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 4.99% | 7.93% | 12.11% | 4.52% | 8.08% | 10.45% | 9.38% | 10.47% | 11.30% | 10.48% | 7.88% | 10.40% |
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
With a correlation of 1.00, SLMCX and SCMIX 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.
SCMIX has higher volatility (7.25%) compared to SLMCX (7.25%). In terms of maximum drawdown, SLMCX dropped -68.10% vs SCMIX's -50.85%.
SCMIX currently has the higher Sharpe Ratio (5.06 vs 5.03), 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.
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