STK vs. HLI

Last updated Jun 13, 2026

STK (Columbia Seligman Premium Technology Growth Closed Fund) is Technology Equities fund actively managed by Aberdeen, while HLI (Houlihan Lokey, Inc.) is a stock. Over the past 10 years, STK returned 23.66%/yr vs 21.76%/yr for HLI. At a 0.37 correlation, their price movements are largely independent.

Performance

STK vs. HLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Seligman Premium Technology Growth Closed Fund (STK) and Houlihan Lokey, Inc. (HLI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STK achieves a 44.26% return, which is significantly higher than HLI's -20.15% return. Over the past 10 years, STK has outperformed HLI with an annualized return of 23.66%, while HLI has yielded a comparatively lower 21.76% annualized return.

STK

• 1D: 2.32%
• 1M: 4.91%
• YTD: 44.26%
• 6M: 47.42%
• 1Y: 90.64%
• 3Y*: 30.83%
• 5Y*: 19.37%
• 10Y*: 23.66%

HLI

• 1D: 1.67%
• 1M: -8.19%
• YTD: -20.15%
• 6M: -22.50%
• 1Y: -18.32%
• 3Y*: 16.18%
• 5Y*: 13.63%
• 10Y*: 21.76%

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

STK vs. HLI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STK Columbia Seligman Premium Technology Growth Closed Fund	44.26%	24.85%	17.74%	46.60%	-30.36%	48.63%	25.39%	52.73%	-14.91%	33.52%
HLI Houlihan Lokey, Inc.	-20.15%	1.64%	47.04%	40.67%	-13.88%	57.04%	40.61%	36.33%	-17.20%	49.30%

Correlation

The correlation between STK and HLI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Aug 13, 2015	0.37

The correlation between STK and HLI shifts across timeframes, from 0.23 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

STK vs. HLI — Risk / Return Rank

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

STK

STK Risk / Return Rank: 94
STK Sharpe Ratio Rank: 98
STK Sortino Ratio Rank: 89
STK Omega Ratio Rank: 89
STK Calmar Ratio Rank: 96
STK Martin Ratio Rank: 97

HLI

HLI Risk / Return Rank: 15
HLI Sharpe Ratio Rank: 11
HLI Sortino Ratio Rank: 13
HLI Omega Ratio Rank: 13
HLI Calmar Ratio Rank: 21
HLI Martin Ratio Rank: 18

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.

STK vs. HLI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Seligman Premium Technology Growth Closed Fund (STK) and Houlihan Lokey, Inc. (HLI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	STK	HLI	Difference
Sharpe ratio: Return per unit of total volatility	3.44	-0.78	+4.22
Sortino ratio: Return per unit of downside risk	3.88	-0.94	+4.82
Omega ratio: Gain probability vs. loss probability	1.57	0.88	+0.69
Calmar ratio: Return relative to maximum drawdown	5.57	-0.59	+6.16
Martin ratio: Return relative to average drawdown	24.83	-1.12	+25.95

STK vs. HLI - Sharpe Ratio Comparison

The current STK Sharpe Ratio is 3.44, which is higher than the HLI Sharpe Ratio of -0.78. The chart below compares the historical Sharpe Ratios of STK and HLI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STK vs. HLI - Drawdown Comparison

The maximum STK drawdown since its inception was -41.74%, which is greater than HLI's maximum drawdown of -36.57%. Use the drawdown chart below to compare losses from any high point for STK and HLI.

Drawdown Indicators

	STK	HLI	Difference
Max Drawdown Largest peak-to-trough decline	-41.74%	-36.57%	-5.17%
Max Drawdown (1Y) Largest decline over 1 year	-16.05%	-34.38%	+18.33%
Max Drawdown (3Y) Largest decline over 3 years	-26.59%	-34.38%	+7.79%
Max Drawdown (5Y) Largest decline over 5 years	-36.27%	-36.57%	+0.30%
Max Drawdown (10Y) Largest decline over 10 years	-41.74%	-36.57%	-5.17%
Current Drawdown Current decline from peak	-9.90%	-33.28%	+23.38%
Average Drawdown Average peak-to-trough decline	-7.41%	-9.59%	+2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	18.07%	-14.47%

Volatility

STK vs. HLI - Volatility Comparison

Columbia Seligman Premium Technology Growth Closed Fund (STK) has a higher volatility of 15.03% compared to Houlihan Lokey, Inc. (HLI) at 8.26%. This indicates that STK's price experiences larger fluctuations and is considered to be riskier than HLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STK	HLI	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.03%	8.26%	+6.77%
Volatility (6M) Calculated over the trailing 6-month period	22.75%	19.38%	+3.37%
Volatility (1Y) Calculated over the trailing 1-year period	26.01%	26.11%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.66%	27.97%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.40%	26.89%	-0.49%

Dividends

STK vs. HLI - Dividend Comparison

STK's dividend yield for the trailing twelve months is around 5.23%, more than HLI's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HLI Houlihan Lokey, Inc.	1.81%	1.36%	1.30%	1.82%	2.32%	1.56%	1.90%	2.46%	2.74%	1.76%	2.12%	0.57%
STK Columbia Seligman Premium Technology Growth Closed Fund	5.23%	7.38%	16.02%	6.70%	12.62%	8.48%	6.79%	7.86%	14.88%	11.82%	9.87%	10.32%

Frequently Asked Questions

Can I hold both STK and HLI in my portfolio?

STK and HLI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STK or HLI?

STK has higher volatility (15.03%) compared to HLI (8.26%). In terms of maximum drawdown, STK dropped -41.74% vs HLI's -36.57%.

Which has better risk-adjusted returns?

STK currently has the higher Sharpe Ratio (3.44 vs -0.78), 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.