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SPLP vs. CMTFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPLP and CMTFX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

SPLP vs. CMTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Steel Partners Holdings L.P. (SPLP) and Columbia Global Technology Growth Fund (CMTFX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.81%
8.47%
SPLP
CMTFX

Key characteristics

Sharpe Ratio

SPLP:

0.26

CMTFX:

1.51

Sortino Ratio

SPLP:

0.63

CMTFX:

2.03

Omega Ratio

SPLP:

1.10

CMTFX:

1.27

Calmar Ratio

SPLP:

0.35

CMTFX:

2.02

Martin Ratio

SPLP:

1.47

CMTFX:

6.70

Ulcer Index

SPLP:

6.49%

CMTFX:

5.03%

Daily Std Dev

SPLP:

37.14%

CMTFX:

22.41%

Max Drawdown

SPLP:

-78.35%

CMTFX:

-68.25%

Current Drawdown

SPLP:

-12.07%

CMTFX:

-1.70%

Returns By Period

In the year-to-date period, SPLP achieves a 5.42% return, which is significantly lower than CMTFX's 33.63% return. Over the past 10 years, SPLP has underperformed CMTFX with an annualized return of 9.29%, while CMTFX has yielded a comparatively higher 17.40% annualized return.


SPLP

YTD

5.42%

1M

2.73%

6M

13.80%

1Y

9.53%

5Y*

27.67%

10Y*

9.29%

CMTFX

YTD

33.63%

1M

2.68%

6M

8.47%

1Y

33.79%

5Y*

17.96%

10Y*

17.40%

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Risk-Adjusted Performance

SPLP vs. CMTFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Steel Partners Holdings L.P. (SPLP) and Columbia Global Technology Growth Fund (CMTFX). 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.


Sharpe ratio
The chart of Sharpe ratio for SPLP, currently valued at 0.26, compared to the broader market-4.00-2.000.002.000.261.51
The chart of Sortino ratio for SPLP, currently valued at 0.63, compared to the broader market-4.00-2.000.002.004.000.632.03
The chart of Omega ratio for SPLP, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.27
The chart of Calmar ratio for SPLP, currently valued at 0.35, compared to the broader market0.002.004.006.000.352.02
The chart of Martin ratio for SPLP, currently valued at 1.47, compared to the broader market-5.000.005.0010.0015.0020.0025.001.476.70
SPLP
CMTFX

The current SPLP Sharpe Ratio is 0.26, which is lower than the CMTFX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of SPLP and CMTFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.26
1.51
SPLP
CMTFX

Dividends

SPLP vs. CMTFX - Dividend Comparison

Neither SPLP nor CMTFX has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
SPLP
Steel Partners Holdings L.P.
0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%
CMTFX
Columbia Global Technology Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.52%

Drawdowns

SPLP vs. CMTFX - Drawdown Comparison

The maximum SPLP drawdown since its inception was -78.35%, which is greater than CMTFX's maximum drawdown of -68.25%. Use the drawdown chart below to compare losses from any high point for SPLP and CMTFX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.07%
-1.70%
SPLP
CMTFX

Volatility

SPLP vs. CMTFX - Volatility Comparison

Steel Partners Holdings L.P. (SPLP) has a higher volatility of 13.64% compared to Columbia Global Technology Growth Fund (CMTFX) at 5.84%. This indicates that SPLP's price experiences larger fluctuations and is considered to be riskier than CMTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.64%
5.84%
SPLP
CMTFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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