UMMGX vs. SLMCX

Last updated Jun 5, 2026

UMMGX (Columbia Bond Fund) and SLMCX (Columbia Seligman Technology and Information Fund) are both mutual funds - UMMGX is a Intermediate Core Bond fund managed by Columbia, while SLMCX is a Technology Equities fund managed by Columbia. At a correlation of -0.04, they often move in opposite directions. UMMGX charges 0.52%/yr vs 1.17%/yr for SLMCX.

Performance

UMMGX vs. SLMCX - Performance Comparison

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

Returns By Period

UMMGX

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

SLMCX

• 1D: -0.95%
• 1M: 12.72%
• YTD: 57.15%
• 6M: 51.20%
• 1Y: 122.30%
• 3Y*: 47.15%
• 5Y*: 26.02%
• 10Y*: 27.88%

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

UMMGX vs. SLMCX - 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%
SLMCX Columbia Seligman Technology and Information Fund	57.15%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between UMMGX and SLMCX is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Jan 10, 1986	-0.04

The correlation between UMMGX and SLMCX shifts across timeframes, from -0.04 (all time) to 0.08 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

UMMGX vs. SLMCX — Risk / Return Rank

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

SLMCX

SLMCX Risk / Return Rank: 96
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 95
SLMCX Omega Ratio Rank: 91
SLMCX Calmar Ratio Rank: 99
SLMCX Martin Ratio Rank: 98

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. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Bond Fund (UMMGX) and Columbia Seligman Technology and Information Fund (SLMCX). 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	SLMCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.79	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.00	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.73	—

Drawdowns

Drawdown Indicators

	UMMGX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	—	-68.10%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.33%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.32%	—
Current Drawdown Current decline from peak	—	-0.95%	—
Average Drawdown Average peak-to-trough decline	—	-13.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.18%	—

Volatility

Volatility by Period

	UMMGX	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	26.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	26.22%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	26.13%	—

UMMGX vs. SLMCX - Expense Ratio Comparison

UMMGX has a 0.52% expense ratio, which is lower than SLMCX's 1.17% expense ratio.

Dividends

UMMGX vs. SLMCX - Dividend Comparison

UMMGX's dividend yield for the trailing twelve months is around 3.41%, less than SLMCX's 6.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SLMCX Columbia Seligman Technology and Information Fund	6.01%	9.45%	14.27%	5.16%	9.42%	11.75%	10.40%	11.44%	12.33%	11.15%	8.19%	10.79%
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 SLMCX in my portfolio?

UMMGX and SLMCX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.