CIMDX vs. CILGX

Last updated Aug 1, 2026

CIMDX (Clarkston Founders Fund) and CILGX (Clarkston Fund) are both mutual funds - CIMDX is a Mid Cap Value Equities fund managed by Clarkston Funds, while CILGX is a Large Cap Value Equities fund managed by Clarkston Funds. Over the past 5 years, CIMDX returned 4.18%/yr vs 4.89%/yr for CILGX. Their correlation of 0.95 means they have usually moved in the same direction. CIMDX charges 0.95%/yr vs 0.70%/yr for CILGX.

Performance

CIMDX vs. CILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clarkston Founders Fund (CIMDX) and Clarkston Fund (CILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIMDX achieves a 4.58% return, which is significantly higher than CILGX's 4.23% return.

CIMDX

• 1D: -3.66%
• 1M: 1.05%
• 6M: 3.52%
• YTD: 4.58%
• 1Y: 13.04%
• 3Y*: 6.58%
• 5Y*: 4.18%
• 10Y*: —
• ALL TIME*: 8.10%

CILGX

• 1D: -2.90%
• 1M: 3.01%
• 6M: 3.45%
• YTD: 4.23%
• 1Y: 14.28%
• 3Y*: 7.21%
• 5Y*: 4.89%
• 10Y*: —
• ALL TIME*: 8.33%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CILGX Clarkston Fund	$0.00	$0.00	$0.00
CIMDX Clarkston Founders Fund	$0.00	$0.00	$0.00

CIMDX vs. CILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CIMDX Clarkston Founders Fund	4.58%	7.35%	5.67%	10.38%	-3.67%	6.23%	23.21%	23.74%	-7.85%	11.25%
CILGX Clarkston Fund	4.23%	8.29%	6.79%	17.86%	-8.60%	10.90%	16.93%	27.46%	-8.39%	9.23%

Correlation

The correlation between CIMDX and CILGX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017	0.95

The correlation between CIMDX and CILGX has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.

Return for Risk

CIMDX vs. CILGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CIMDX

CIMDX Risk / Return Rank: 14
CIMDX Sharpe Ratio Rank: 12
CIMDX Sortino Ratio Rank: 13
CIMDX Omega Ratio Rank: 13
CIMDX Calmar Ratio Rank: 16
CIMDX Martin Ratio Rank: 13

CILGX

CILGX Risk / Return Rank: 14
CILGX Sharpe Ratio Rank: 13
CILGX Sortino Ratio Rank: 14
CILGX Omega Ratio Rank: 14
CILGX Calmar Ratio Rank: 15
CILGX Martin Ratio Rank: 12

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CIMDX vs. CILGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clarkston Founders Fund (CIMDX) and Clarkston Fund (CILGX). 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.

	CIMDX	CILGX	Difference
Sharpe ratio: Return per unit of total volatility	0.48	0.54	-0.05
Sortino ratio: Return per unit of downside risk	0.84	0.93	-0.09
Omega ratio: Gain probability vs. loss probability	1.10	1.11	-0.01
Calmar ratio: Return relative to maximum drawdown	0.77	0.79	-0.02
Martin ratio: Return relative to average drawdown	1.83	1.74	+0.08

CIMDX vs. CILGX - Sharpe Ratio Comparison

The current CIMDX Sharpe Ratio is 0.48, which is comparable to the CILGX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of CIMDX and CILGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CIMDX vs. CILGX - Drawdown Comparison

The maximum CIMDX drawdown since its inception was -31.86%, smaller than the maximum CILGX drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for CIMDX and CILGX.

Drawdown Indicators

	CIMDX	CILGX	Difference
Max Drawdown Largest peak-to-trough decline	-31.86%	-33.57%	+1.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.83%	-12.30%	+0.47%
Max Drawdown (3Y) Largest decline over 3 years	-14.82%	-15.60%	+0.78%
Max Drawdown (5Y) Largest decline over 5 years	-15.58%	-20.37%	+4.79%
Current Drawdown Current decline from peak	-3.66%	-2.90%	-0.76%
Average Drawdown Average peak-to-trough decline	-5.90%	-5.83%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	5.59%	-0.60%

Volatility

CIMDX vs. CILGX - Volatility Comparison

Clarkston Founders Fund (CIMDX) and Clarkston Fund (CILGX) have volatilities of 10.07% and 9.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIMDX	CILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.07%	9.77%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	15.88%	15.08%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	18.86%	18.18%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	17.32%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	18.14%	-0.39%

CIMDX vs. CILGX - Expense Ratio Comparison

CIMDX has a 0.95% expense ratio, which is higher than CILGX's 0.70% expense ratio.

Dividends

CIMDX vs. CILGX - Dividend Comparison

CIMDX's dividend yield for the trailing twelve months is around 3.10%, less than CILGX's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CILGX Clarkston Fund	3.93%	4.09%	0.88%	3.44%	5.14%	3.16%	5.87%	5.93%	4.77%	0.00%
CIMDX Clarkston Founders Fund	3.10%	3.24%	0.45%	1.62%	6.38%	0.44%	0.91%	3.32%	2.27%	0.41%

Frequently Asked Questions

Can I hold both CIMDX and CILGX in my portfolio?

With a correlation of 0.97, CIMDX and CILGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CIMDX or CILGX?

CIMDX has higher volatility (10.07%) compared to CILGX (9.77%). In terms of maximum drawdown, CIMDX dropped -31.86% vs CILGX's -33.57%.

Which has better risk-adjusted returns?

CILGX currently has the higher Sharpe Ratio (0.54 vs 0.48), 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.