SLVAX vs. SLMCX

Last updated Jun 5, 2026

SLVAX (Columbia Select Large Cap Value Fund) and SLMCX (Columbia Seligman Technology and Information Fund) are both mutual funds - SLVAX is a Large Cap Value Equities fund managed by Columbia, while SLMCX is a Technology Equities fund managed by Columbia. Over the past 10 years, SLVAX returned 13.02%/yr vs 27.88%/yr for SLMCX. A 0.69 correlation means they provide meaningful diversification when combined. SLVAX charges 0.80%/yr vs 1.17%/yr for SLMCX.

Performance

SLVAX vs. SLMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Large Cap Value Fund (SLVAX) and Columbia Seligman Technology and Information Fund (SLMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLVAX achieves a 12.32% return, which is significantly lower than SLMCX's 57.15% return. Over the past 10 years, SLVAX has underperformed SLMCX with an annualized return of 13.02%, while SLMCX has yielded a comparatively higher 27.88% annualized return.

SLVAX

• 1D: -0.96%
• 1M: 3.28%
• YTD: 12.32%
• 6M: 14.93%
• 1Y: 36.18%
• 3Y*: 20.34%
• 5Y*: 11.19%
• 10Y*: 13.02%

SLMCX

• 1D: -0.95%
• 1M: 12.72%
• YTD: 57.15%
• 6M: 51.20%
• 1Y: 122.30%
• 3Y*: 47.15%
• 5Y*: 26.02%
• 10Y*: 27.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SLVAX vs. SLMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLVAX Columbia Select Large Cap Value Fund	12.32%	27.60%	12.53%	5.56%	-1.09%	26.34%	6.12%	26.57%	-12.32%	18.98%
SLMCX Columbia Seligman Technology and Information Fund	57.15%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between SLVAX and SLMCX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jan 5, 1998	0.69

The correlation between SLVAX and SLMCX has been stable across timeframes, ranging from 0.60 to 0.69 - a consistent structural relationship.

Return for Risk

SLVAX vs. SLMCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SLVAX

SLVAX Risk / Return Rank: 87
SLVAX Sharpe Ratio Rank: 91
SLVAX Sortino Ratio Rank: 88
SLVAX Omega Ratio Rank: 81
SLVAX Calmar Ratio Rank: 85
SLVAX Martin Ratio Rank: 88

SLMCX

SLMCX Risk / Return Rank: 96
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 95
SLMCX Omega Ratio Rank: 91
SLMCX Calmar Ratio Rank: 99
SLMCX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SLVAX vs. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Large Cap Value Fund (SLVAX) and Columbia Seligman Technology and Information Fund (SLMCX). 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.

	SLVAX	SLMCX	Difference
Sharpe ratio: Return per unit of total volatility	3.02	4.79	-1.77
Sortino ratio: Return per unit of downside risk	4.21	5.05	-0.84
Omega ratio: Gain probability vs. loss probability	1.53	1.68	-0.15
Calmar ratio: Return relative to maximum drawdown	3.96	10.13	-6.17
Martin ratio: Return relative to average drawdown	16.25	39.17	-22.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLVAX vs. SLMCX - Sharpe Ratio Comparison

The current SLVAX Sharpe Ratio is 3.02, which is lower than the SLMCX Sharpe Ratio of 4.79. The chart below compares the historical Sharpe Ratios of SLVAX and SLMCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SLVAX	SLMCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	4.79	-1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	1.00	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	1.07	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.73	-0.31

Drawdowns

SLVAX vs. SLMCX - Drawdown Comparison

The maximum SLVAX drawdown since its inception was -60.01%, smaller than the maximum SLMCX drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for SLVAX and SLMCX.

Drawdown Indicators

	SLVAX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	-60.01%	-68.10%	+8.09%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-12.33%	+3.30%
Max Drawdown (3Y) Largest decline over 3 years	-14.83%	-29.13%	+14.30%
Max Drawdown (5Y) Largest decline over 5 years	-18.44%	-37.32%	+18.88%
Max Drawdown (10Y) Largest decline over 10 years	-41.50%	-37.32%	-4.18%
Current Drawdown Current decline from peak	-0.96%	-0.95%	-0.01%
Average Drawdown Average peak-to-trough decline	-9.31%	-13.00%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	3.18%	-0.99%

Volatility

SLVAX vs. SLMCX - Volatility Comparison

The current volatility for Columbia Select Large Cap Value Fund (SLVAX) is 3.31%, while Columbia Seligman Technology and Information Fund (SLMCX) has a volatility of 7.41%. This indicates that SLVAX experiences smaller price fluctuations and is considered to be less risky than SLMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVAX	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	7.41%	-4.10%
Volatility (6M) Calculated over the trailing 6-month period	8.89%	20.05%	-11.16%
Volatility (1Y) Calculated over the trailing 1-year period	11.83%	26.12%	-14.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.91%	26.22%	-10.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	26.13%	-7.45%

SLVAX vs. SLMCX - Expense Ratio Comparison

SLVAX has a 0.80% expense ratio, which is lower than SLMCX's 1.17% expense ratio.

Dividends

SLVAX vs. SLMCX - Dividend Comparison

SLVAX's dividend yield for the trailing twelve months is around 7.60%, more than SLMCX's 6.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SLMCX Columbia Seligman Technology and Information Fund	6.01%	9.45%	14.27%	5.16%	9.42%	11.75%	10.40%	11.44%	12.33%	11.15%	8.19%	10.79%
SLVAX Columbia Select Large Cap Value Fund	7.60%	8.54%	3.46%	3.60%	1.38%	5.91%	7.52%	6.96%	4.83%	3.86%	7.19%	4.49%

Frequently Asked Questions

Can I hold both SLVAX and SLMCX in my portfolio?

SLVAX and SLMCX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLVAX or SLMCX?

SLMCX has higher volatility (7.41%) compared to SLVAX (3.31%). In terms of maximum drawdown, SLVAX dropped -60.01% vs SLMCX's -68.10%.

Which has better risk-adjusted returns?

SLMCX currently has the higher Sharpe Ratio (4.79 vs 3.02), 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.