CGIIX vs. CTSIX
CGIIX (Calamos Growth and Income Fund Class I) and CTSIX (Calamos Timpani Small Cap Growth Fund) are both mutual funds - CGIIX is a Diversified Portfolio fund actively managed by Calamos, while CTSIX is a Small Cap Growth Equities fund managed by Calamos. Over the past 5 years, CGIIX returned 10.91%/yr vs 9.68%/yr for CTSIX. Their correlation of 0.81 suggests significant overlap in exposure. CGIIX charges 1.32%/yr vs 1.05%/yr for CTSIX.
Performance
CGIIX vs. CTSIX - Performance Comparison
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Returns By Period
In the year-to-date period, CGIIX achieves a 9.96% return, which is significantly lower than CTSIX's 25.24% return.
CGIIX
- 1D
- -0.74%
- 1M
- -1.45%
- 6M
- 7.98%
- YTD
- 9.96%
- 1Y
- 19.56%
- 3Y*
- 17.67%
- 5Y*
- 10.91%
- 10Y*
- 12.92%
CTSIX
- 1D
- -2.98%
- 1M
- -8.40%
- 6M
- 22.70%
- YTD
- 25.24%
- 1Y
- 49.60%
- 3Y*
- 28.63%
- 5Y*
- 9.68%
- 10Y*
- —
CGIIX vs. CTSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CGIIX Calamos Growth and Income Fund Class I | 9.96% | 17.75% | 20.97% | 20.69% | -18.25% | 21.35% | 22.71% | 11.26% |
CTSIX Calamos Timpani Small Cap Growth Fund | 25.24% | 25.90% | 44.34% | 7.57% | -37.30% | 9.12% | 63.38% | 1.20% |
Correlation
The correlation between CGIIX and CTSIX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2019 | 0.81 |
The correlation between CGIIX and CTSIX has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.
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Return for Risk
CGIIX vs. CTSIX — Risk / Return Rank
CGIIX
CTSIX
CGIIX vs. CTSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Growth and Income Fund Class I (CGIIX) and Calamos Timpani Small Cap Growth Fund (CTSIX). 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.
| CGIIX | CTSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 4.10 | -1.92 |
| Martin ratioReturn relative to average drawdown | 9.38 | 14.71 | -5.32 |
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Drawdowns
CGIIX vs. CTSIX - Drawdown Comparison
The maximum CGIIX drawdown since its inception was -49.16%, roughly equal to the maximum CTSIX drawdown of -50.83%. Use the drawdown chart below to compare losses from any high point for CGIIX and CTSIX.
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Drawdown Indicators
| CGIIX | CTSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.16% | -50.83% | +1.67% |
Max Drawdown (1Y)Largest decline over 1 year | -9.09% | -12.38% | +3.29% |
Max Drawdown (3Y)Largest decline over 3 years | -16.42% | -28.40% | +11.98% |
Max Drawdown (5Y)Largest decline over 5 years | -23.16% | -50.60% | +27.44% |
Max Drawdown (10Y)Largest decline over 10 years | -28.21% | — | — |
Current DrawdownCurrent decline from peak | -1.94% | -10.67% | +8.73% |
Average DrawdownAverage peak-to-trough decline | -9.25% | -20.35% | +11.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 3.44% | -1.33% |
Volatility
CGIIX vs. CTSIX - Volatility Comparison
The current volatility for Calamos Growth and Income Fund Class I (CGIIX) is 3.69%, while Calamos Timpani Small Cap Growth Fund (CTSIX) has a volatility of 9.83%. This indicates that CGIIX experiences smaller price fluctuations and is considered to be less risky than CTSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGIIX | CTSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 9.83% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | 24.48% | -14.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 30.11% | -17.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.99% | 28.50% | -13.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.41% | 29.96% | -14.55% |
CGIIX vs. CTSIX - Expense Ratio Comparison
CGIIX has a 1.32% expense ratio, which is higher than CTSIX's 1.05% expense ratio.
Dividends
CGIIX vs. CTSIX - Dividend Comparison
CGIIX's dividend yield for the trailing twelve months is around 7.19%, while CTSIX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGIIX Calamos Growth and Income Fund Class I | 7.19% | 8.02% | 5.36% | 4.59% | 4.53% | 6.05% | 3.59% | 3.95% | 9.30% | 7.69% | 7.84% | 7.41% |
CTSIX Calamos Timpani Small Cap Growth Fund | 0.00% | 0.00% | 2.58% | 0.00% | 0.00% | 0.00% | 3.77% | 4.95% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CGIIX and CTSIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTSIX has higher volatility (9.83%) compared to CGIIX (3.69%). In terms of maximum drawdown, CGIIX dropped -49.16% vs CTSIX's -50.83%.
CTSIX currently has the higher Sharpe Ratio (1.69 vs 1.56), 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.
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