UMMGX vs. CTCAX

Last updated Jun 5, 2026

UMMGX (Columbia Bond Fund) and CTCAX (Columbia Global Technology Growth Fund Class A) are both mutual funds - UMMGX is a Intermediate Core Bond fund managed by Columbia, while CTCAX is a Technology Equities fund managed by Columbia. At a correlation of -0.14, they often move in opposite directions. UMMGX charges 0.52%/yr vs 1.18%/yr for CTCAX.

Performance

UMMGX vs. CTCAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Bond Fund (UMMGX) and Columbia Global Technology Growth Fund Class A (CTCAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UMMGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTCAX

• 1D: -0.81%
• 1M: 14.21%
• YTD: 30.99%
• 6M: 29.92%
• 1Y: 59.47%
• 3Y*: 35.71%
• 5Y*: 20.33%
• 10Y*: 24.65%

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

UMMGX vs. CTCAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UMMGX Columbia Bond Fund	0.03%	8.03%	2.06%	6.73%	-15.66%	-0.79%	9.10%	9.23%	-0.50%	3.73%
CTCAX Columbia Global Technology Growth Fund Class A	30.99%	24.78%	31.39%	56.46%	-34.81%	22.73%	49.46%	43.91%	-1.48%	42.99%

Correlation

The correlation between UMMGX and CTCAX is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Nov 1, 2002	-0.14

The correlation between UMMGX and CTCAX shifts across timeframes, from -0.14 (all time) to 0.07 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

UMMGX vs. CTCAX — Risk / Return Rank

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

CTCAX

CTCAX Risk / Return Rank: 80
CTCAX Sharpe Ratio Rank: 88
CTCAX Sortino Ratio Rank: 72
CTCAX Omega Ratio Rank: 70
CTCAX Calmar Ratio Rank: 87
CTCAX Martin Ratio Rank: 84

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.

UMMGX vs. CTCAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Bond Fund (UMMGX) and Columbia Global Technology Growth Fund Class A (CTCAX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UMMGX	CTCAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.77	—

Drawdowns

Drawdown Indicators

	UMMGX	CTCAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-61.04%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-39.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.55%	—
Current Drawdown Current decline from peak	—	-0.81%	—
Average Drawdown Average peak-to-trough decline	—	-10.68%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.86%	—

Volatility

Volatility by Period

	UMMGX	CTCAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.07%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.98%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.84%	—

UMMGX vs. CTCAX - Expense Ratio Comparison

UMMGX has a 0.52% expense ratio, which is lower than CTCAX's 1.18% expense ratio.

Dividends

UMMGX vs. CTCAX - Dividend Comparison

UMMGX's dividend yield for the trailing twelve months is around 3.41%, more than CTCAX's 2.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTCAX Columbia Global Technology Growth Fund Class A	2.51%	3.29%	1.08%	2.36%	3.53%	4.15%	0.91%	2.55%	5.82%	3.52%	0.36%	1.80%
UMMGX Columbia Bond Fund	3.41%	4.20%	3.70%	3.73%	2.73%	1.76%	4.77%	4.21%	2.71%	1.88%	4.66%	3.56%

Frequently Asked Questions

Can I hold both UMMGX and CTCAX in my portfolio?

UMMGX and CTCAX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.