CCMMX vs. LSHAX

Last updated Apr 1, 2026

Compare and contrast key facts about Conestoga Mid Cap Fund (CCMMX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX).

CCMMX is managed by Conestoga Capital Advisors. It was launched on Jun 28, 2021. LSHAX is managed by Kinetics. It was launched on May 4, 2007.

Performance

CCMMX vs. LSHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Conestoga Mid Cap Fund (CCMMX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX). The values are adjusted to include any dividend payments, if applicable.

CCMMX vs. LSHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CCMMX Conestoga Mid Cap Fund	0.14%	-2.22%	3.84%	22.45%	-30.34%	6.80%
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund	50.22%	-19.53%	82.16%	-19.74%	39.45%	-12.19%

Returns By Period

CCMMX

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

LSHAX

• 1D: -7.12%
• 1M: -9.27%
• YTD: 50.22%
• 6M: 41.09%
• 1Y: 5.55%
• 3Y*: 29.23%
• 5Y*: 17.40%
• 10Y*: 19.52%

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

CCMMX vs. LSHAX - Expense Ratio Comparison

CCMMX has a 1.05% expense ratio, which is lower than LSHAX's 1.68% expense ratio.

LSHAX

Kinetics Spin-Off and Corporate Restructuring Fund

CCMMX

Conestoga Mid Cap Fund

Return for Risk

CCMMX vs. LSHAX — Risk / Return Rank

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

LSHAX

LSHAX Risk / Return Rank: 9
LSHAX Sharpe Ratio Rank: 9
LSHAX Sortino Ratio Rank: 12
LSHAX Omega Ratio Rank: 11
LSHAX Calmar Ratio Rank: 8
LSHAX Martin Ratio Rank: 7

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.

CCMMX vs. LSHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Conestoga Mid Cap Fund (CCMMX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX). 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

	CCMMX	LSHAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.17	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.35	—

Correlation

The correlation between CCMMX and LSHAX is 0.34, 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.

Dividends

CCMMX vs. LSHAX - Dividend Comparison

CCMMX's dividend yield for the trailing twelve months is around 0.36%, less than LSHAX's 7.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CCMMX Conestoga Mid Cap Fund	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund	7.71%	11.59%	4.66%	9.40%	1.76%	0.11%	0.53%	0.00%	4.85%	3.94%	1.84%

Drawdowns

Drawdown Indicators

	CCMMX	LSHAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-69.03%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-37.04%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.78%	—
Current Drawdown Current decline from peak	—	-15.53%	—
Average Drawdown Average peak-to-trough decline	—	-21.94%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.25%	—

Volatility

Volatility by Period

	CCMMX	LSHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	40.86%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	33.69%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.16%	—