SPLP vs. CMTFX
Compare and contrast key facts about Steel Partners Holdings L.P. (SPLP) and Columbia Global Technology Growth Fund (CMTFX).
CMTFX is managed by Columbia Threadneedle. It was launched on Nov 8, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPLP or CMTFX.
Key characteristics
| SPLP | CMTFX | |
|---|---|---|
| YTD Return | -0.00% | 31.82% |
| 1Y Return | 3.63% | 40.49% |
| 3Y Return (Ann) | 5.59% | 6.93% |
| 5Y Return (Ann) | 26.90% | 18.69% |
| 10Y Return (Ann) | 8.46% | 17.15% |
| Sharpe Ratio | 0.11 | 1.82 |
| Sortino Ratio | 0.41 | 2.40 |
| Omega Ratio | 1.06 | 1.32 |
| Calmar Ratio | 0.14 | 2.40 |
| Martin Ratio | 0.60 | 8.00 |
| Ulcer Index | 6.31% | 4.99% |
| Daily Std Dev | 35.00% | 21.93% |
| Max Drawdown | -78.35% | -68.25% |
| Current Drawdown | -16.60% | -0.59% |
Correlation
The correlation between SPLP and CMTFX is 0.11, 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.
Performance
SPLP vs. CMTFX - Performance Comparison
In the year-to-date period, SPLP achieves a -0.00% return, which is significantly lower than CMTFX's 31.82% return. Over the past 10 years, SPLP has underperformed CMTFX with an annualized return of 8.46%, while CMTFX has yielded a comparatively higher 17.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Dividends
SPLP vs. CMTFX - Dividend Comparison
Neither SPLP nor CMTFX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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.
Volatility
SPLP vs. CMTFX - Volatility Comparison
Steel Partners Holdings L.P. (SPLP) has a higher volatility of 18.59% compared to Columbia Global Technology Growth Fund (CMTFX) at 6.12%. 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.