CAMOX vs. CAMMX

Last updated Apr 1, 2026

Compare and contrast key facts about Cambiar Opportunity Portfolio (CAMOX) and Cambiar SMID Fund (CAMMX).

CAMOX is managed by Cambiar Funds. It was launched on Jun 30, 1998. CAMMX is managed by Cambiar Funds. It was launched on May 31, 2011.

Performance

CAMOX vs. CAMMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambiar Opportunity Portfolio (CAMOX) and Cambiar SMID Fund (CAMMX). The values are adjusted to include any dividend payments, if applicable.

CAMOX vs. CAMMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CAMOX Cambiar Opportunity Portfolio	-1.81%	13.51%	14.39%	16.84%	-6.99%	20.87%	16.61%	32.89%	-13.45%	14.86%
CAMMX Cambiar SMID Fund	0.30%	0.08%	-1.42%	12.93%	-6.07%	23.32%	9.60%	31.00%	-2.68%	11.77%

Returns By Period

In the year-to-date period, CAMOX achieves a -1.81% return, which is significantly lower than CAMMX's 0.30% return. Over the past 10 years, CAMOX has outperformed CAMMX with an annualized return of 11.47%, while CAMMX has yielded a comparatively lower 8.91% annualized return.

CAMOX

• 1D: -0.60%
• 1M: -9.28%
• YTD: -1.81%
• 6M: 3.50%
• 1Y: 11.01%
• 3Y*: 13.50%
• 5Y*: 8.64%
• 10Y*: 11.47%

CAMMX

• 1D: -0.36%
• 1M: -7.24%
• YTD: 0.30%
• 6M: 1.97%
• 1Y: 2.30%
• 3Y*: 2.62%
• 5Y*: 2.22%
• 10Y*: 8.91%

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

CAMOX vs. CAMMX - Expense Ratio Comparison

CAMOX has a 0.85% expense ratio, which is lower than CAMMX's 0.93% expense ratio.

CAMMX

Cambiar SMID Fund

CAMOX

Cambiar Opportunity Portfolio

Return for Risk

CAMOX vs. CAMMX — Risk / Return Rank

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

CAMOX

CAMOX Risk / Return Rank: 33
CAMOX Sharpe Ratio Rank: 32
CAMOX Sortino Ratio Rank: 33
CAMOX Omega Ratio Rank: 31
CAMOX Calmar Ratio Rank: 35
CAMOX Martin Ratio Rank: 32

CAMMX

CAMMX Risk / Return Rank: 7
CAMMX Sharpe Ratio Rank: 7
CAMMX Sortino Ratio Rank: 7
CAMMX Omega Ratio Rank: 7
CAMMX Calmar Ratio Rank: 8
CAMMX Martin Ratio Rank: 8

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.

CAMOX vs. CAMMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambiar Opportunity Portfolio (CAMOX) and Cambiar SMID Fund (CAMMX). 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.

	CAMOX	CAMMX	Difference
Sharpe ratio Return per unit of total volatility	0.74	0.12	+0.62
Sortino ratio Return per unit of downside risk	1.13	0.32	+0.81
Omega ratio Gain probability vs. loss probability	1.16	1.04	+0.12
Calmar ratio Return relative to maximum drawdown	0.95	0.09	+0.86
Martin ratio Return relative to average drawdown	3.46	0.28	+3.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAMOX vs. CAMMX - Sharpe Ratio Comparison

The current CAMOX Sharpe Ratio is 0.74, which is higher than the CAMMX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of CAMOX and CAMMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CAMOX	CAMMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	0.12	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.13	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.48	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.44	+0.02

Correlation

The correlation between CAMOX and CAMMX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CAMOX vs. CAMMX - Dividend Comparison

CAMOX's dividend yield for the trailing twelve months is around 22.94%, less than CAMMX's 34.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAMOX Cambiar Opportunity Portfolio	22.94%	22.53%	8.98%	9.06%	6.05%	7.62%	4.01%	9.56%	13.12%	13.91%	8.21%	13.23%
CAMMX Cambiar SMID Fund	34.45%	34.55%	6.10%	0.70%	0.95%	11.52%	0.61%	4.08%	6.83%	0.39%	0.53%	0.31%

Drawdowns

CAMOX vs. CAMMX - Drawdown Comparison

The maximum CAMOX drawdown since its inception was -59.14%, which is greater than CAMMX's maximum drawdown of -41.94%. Use the drawdown chart below to compare losses from any high point for CAMOX and CAMMX.

Drawdown Indicators

	CAMOX	CAMMX	Difference
Max Drawdown Largest peak-to-trough decline	-59.14%	-41.94%	-17.20%
Max Drawdown (1Y) Largest decline over 1 year	-10.94%	-13.63%	+2.69%
Max Drawdown (5Y) Largest decline over 5 years	-18.61%	-21.75%	+3.14%
Max Drawdown (10Y) Largest decline over 10 years	-34.18%	-41.94%	+7.76%
Current Drawdown Current decline from peak	-10.29%	-9.49%	-0.80%
Average Drawdown Average peak-to-trough decline	-8.14%	-6.02%	-2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	4.20%	-1.19%

Volatility

CAMOX vs. CAMMX - Volatility Comparison

The current volatility for Cambiar Opportunity Portfolio (CAMOX) is 4.42%, while Cambiar SMID Fund (CAMMX) has a volatility of 4.73%. This indicates that CAMOX experiences smaller price fluctuations and is considered to be less risky than CAMMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAMOX	CAMMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	4.73%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	8.94%	10.61%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	16.46%	19.28%	-2.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.37%	16.92%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	18.78%	-1.16%