SLMCX vs. SPY
Compare and contrast key facts about Columbia Seligman Technology and Information Fund (SLMCX) and SPDR S&P 500 ETF (SPY).
SLMCX is managed by Columbia Threadneedle. It was launched on Jun 22, 1983. 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: SLMCX or SPY.
Correlation
The correlation between SLMCX and SPY is 0.79, 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. SPY - Performance Comparison
Key characteristics
SLMCX:
0.17
SPY:
0.54
SLMCX:
0.42
SPY:
0.90
SLMCX:
1.06
SPY:
1.13
SLMCX:
0.16
SPY:
0.57
SLMCX:
0.51
SPY:
2.24
SLMCX:
9.19%
SPY:
4.82%
SLMCX:
28.59%
SPY:
20.02%
SLMCX:
-86.89%
SPY:
-55.19%
SLMCX:
-16.48%
SPY:
-7.53%
Returns By Period
In the year-to-date period, SLMCX achieves a -11.05% return, which is significantly lower than SPY's -3.30% return. Over the past 10 years, SLMCX has outperformed SPY with an annualized return of 17.51%, while SPY has yielded a comparatively lower 12.33% annualized return.
SLMCX
-11.05%
17.85%
-9.17%
4.78%
18.75%
17.51%
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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SLMCX vs. SPY - Expense Ratio Comparison
SLMCX has a 1.17% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SLMCX vs. SPY — Risk-Adjusted Performance Rank
SLMCX
SPY
SLMCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Technology and Information Fund (SLMCX) 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
SLMCX vs. SPY - Dividend Comparison
SLMCX's dividend yield for the trailing twelve months is around 16.05%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLMCX Columbia Seligman Technology and Information Fund | 16.05% | 14.27% | 5.16% | 9.42% | 11.75% | 10.40% | 11.44% | 12.33% | 11.15% | 8.19% | 10.79% | 12.70% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SLMCX vs. SPY - Drawdown Comparison
The maximum SLMCX drawdown since its inception was -86.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SLMCX and SPY. For additional features, visit the drawdowns tool.
Volatility
SLMCX vs. SPY - Volatility Comparison
Columbia Seligman Technology and Information Fund (SLMCX) has a higher volatility of 14.94% compared to SPDR S&P 500 ETF (SPY) at 12.36%. This indicates that SLMCX'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.