SMIDX vs. COTZX

Last updated Jun 5, 2026

SMIDX (SMI Dynamic Allocation Fund) and COTZX (Columbia Thermostat Fund) are both Tactical Allocation funds. Over the past 10 years, SMIDX returned 6.83%/yr vs 7.40%/yr for COTZX. A 0.62 correlation means they provide meaningful diversification when combined. SMIDX charges 1.19%/yr vs 0.24%/yr for COTZX.

Performance

SMIDX vs. COTZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SMI Dynamic Allocation Fund (SMIDX) and Columbia Thermostat Fund (COTZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMIDX achieves a 11.39% return, which is significantly higher than COTZX's 3.10% return. Over the past 10 years, SMIDX has underperformed COTZX with an annualized return of 6.83%, while COTZX has yielded a comparatively higher 7.40% annualized return.

SMIDX

• 1D: -0.67%
• 1M: 2.62%
• YTD: 11.39%
• 6M: 12.22%
• 1Y: 27.94%
• 3Y*: 15.85%
• 5Y*: 7.01%
• 10Y*: 6.83%

COTZX

• 1D: -0.38%
• 1M: 0.99%
• YTD: 3.10%
• 6M: 3.19%
• 1Y: 11.79%
• 3Y*: 10.73%
• 5Y*: 4.66%
• 10Y*: 7.40%

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

SMIDX vs. COTZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMIDX SMI Dynamic Allocation Fund	11.39%	22.50%	12.76%	8.39%	-19.12%	14.00%	9.64%	9.47%	-6.12%	14.11%
COTZX Columbia Thermostat Fund	3.10%	15.02%	7.98%	11.66%	-12.92%	6.44%	29.61%	15.15%	-1.17%	3.33%

Correlation

The correlation between SMIDX and COTZX is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Mar 4, 2013	0.62

The correlation between SMIDX and COTZX shifts across timeframes, from 0.61 (10 years) to 0.78 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SMIDX vs. COTZX — Risk / Return Rank

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

SMIDX

SMIDX Risk / Return Rank: 67
SMIDX Sharpe Ratio Rank: 67
SMIDX Sortino Ratio Rank: 57
SMIDX Omega Ratio Rank: 67
SMIDX Calmar Ratio Rank: 73
SMIDX Martin Ratio Rank: 71

COTZX

COTZX Risk / Return Rank: 71
COTZX Sharpe Ratio Rank: 70
COTZX Sortino Ratio Rank: 74
COTZX Omega Ratio Rank: 71
COTZX Calmar Ratio Rank: 64
COTZX Martin Ratio Rank: 78

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.

SMIDX vs. COTZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SMI Dynamic Allocation Fund (SMIDX) and Columbia Thermostat Fund (COTZX). 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.

	SMIDX	COTZX	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.43	-0.06
Sortino ratio: Return per unit of downside risk	3.14	3.61	-0.47
Omega ratio: Gain probability vs. loss probability	1.45	1.47	-0.02
Calmar ratio: Return relative to maximum drawdown	3.26	3.06	+0.20
Martin ratio: Return relative to average drawdown	13.36	14.41	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMIDX vs. COTZX - Sharpe Ratio Comparison

The current SMIDX Sharpe Ratio is 2.37, which is comparable to the COTZX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of SMIDX and COTZX, 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

	SMIDX	COTZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.43	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.64	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	1.00	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.64	-0.04

Drawdowns

SMIDX vs. COTZX - Drawdown Comparison

The maximum SMIDX drawdown since its inception was -21.99%, smaller than the maximum COTZX drawdown of -47.48%. Use the drawdown chart below to compare losses from any high point for SMIDX and COTZX.

Drawdown Indicators

	SMIDX	COTZX	Difference
Max Drawdown Largest peak-to-trough decline	-21.99%	-47.48%	+25.49%
Max Drawdown (1Y) Largest decline over 1 year	-8.73%	-4.02%	-4.71%
Max Drawdown (3Y) Largest decline over 3 years	-10.11%	-6.93%	-3.18%
Max Drawdown (5Y) Largest decline over 5 years	-21.99%	-17.80%	-4.19%
Max Drawdown (10Y) Largest decline over 10 years	-21.99%	-17.80%	-4.19%
Current Drawdown Current decline from peak	-0.67%	-0.38%	-0.29%
Average Drawdown Average peak-to-trough decline	-6.32%	-3.47%	-2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	0.85%	+1.28%

Volatility

SMIDX vs. COTZX - Volatility Comparison

SMI Dynamic Allocation Fund (SMIDX) has a higher volatility of 3.93% compared to Columbia Thermostat Fund (COTZX) at 1.62%. This indicates that SMIDX's price experiences larger fluctuations and is considered to be riskier than COTZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMIDX	COTZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	1.62%	+2.31%
Volatility (6M) Calculated over the trailing 6-month period	10.21%	3.96%	+6.25%
Volatility (1Y) Calculated over the trailing 1-year period	12.02%	5.07%	+6.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.70%	7.33%	+3.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.18%	7.39%	+2.79%

SMIDX vs. COTZX - Expense Ratio Comparison

SMIDX has a 1.19% expense ratio, which is higher than COTZX's 0.24% expense ratio.

Dividends

SMIDX vs. COTZX - Dividend Comparison

SMIDX's dividend yield for the trailing twelve months is around 10.62%, more than COTZX's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COTZX Columbia Thermostat Fund	3.27%	3.37%	3.55%	2.74%	3.28%	14.82%	6.92%	5.57%	4.45%	3.13%	2.66%	4.26%
SMIDX SMI Dynamic Allocation Fund	10.62%	11.83%	6.43%	0.19%	0.00%	7.91%	5.32%	1.22%	1.53%	0.92%	0.25%	1.27%

Frequently Asked Questions

Can I hold both SMIDX and COTZX in my portfolio?

SMIDX and COTZX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SMIDX or COTZX?

SMIDX has higher volatility (3.93%) compared to COTZX (1.62%). In terms of maximum drawdown, SMIDX dropped -21.99% vs COTZX's -47.48%.

Which has better risk-adjusted returns?

COTZX currently has the higher Sharpe Ratio (2.43 vs 2.37), 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.