CISMX vs. CILGX

Last updated Jun 23, 2026

CISMX (Clarkston Partners Fund) and CILGX (Clarkston Fund) are both mutual funds - CISMX 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, CISMX returned -0.39%/yr vs 2.10%/yr for CILGX. Their correlation of 0.92 suggests significant overlap in exposure. CISMX charges 1.00%/yr vs 0.70%/yr for CILGX.

Performance

CISMX vs. CILGX - Performance Comparison

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

Returns By Period

CISMX

• 1D: 1.04%
• 1M: 2.60%
• YTD: 0.00%
• 6M: -1.41%
• 1Y: 1.97%
• 3Y*: -0.91%
• 5Y*: -0.39%
• 10Y*: 6.18%

CILGX

• 1D: -0.13%
• 1M: -0.67%
• YTD: -7.71%
• 6M: -8.39%
• 1Y: 0.66%
• 3Y*: 4.23%
• 5Y*: 2.10%
• 10Y*: —

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

CISMX vs. CILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CISMX Clarkston Partners Fund	0.00%	-8.37%	4.49%	6.41%	-0.40%	7.94%	17.42%	23.98%	-7.25%	12.84%
CILGX Clarkston Fund	-7.71%	8.29%	6.79%	17.86%	-8.60%	10.90%	16.93%	27.46%	-8.39%	9.33%

Correlation

The correlation between CISMX and CILGX is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.92

The correlation between CISMX and CILGX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

CISMX vs. CILGX — Risk / Return Rank

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

CISMX

CISMX Risk / Return Rank: 4
CISMX Sharpe Ratio Rank: 3
CISMX Sortino Ratio Rank: 4
CISMX Omega Ratio Rank: 3
CISMX Calmar Ratio Rank: 4
CISMX Martin Ratio Rank: 4

CILGX

CILGX Risk / Return Rank: 3
CILGX Sharpe Ratio Rank: 3
CILGX Sortino Ratio Rank: 3
CILGX Omega Ratio Rank: 3
CILGX Calmar Ratio Rank: 3
CILGX Martin Ratio Rank: 3

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.

CISMX vs. CILGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clarkston Partners Fund (CISMX) 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.

	CISMX	CILGX	Difference
Sharpe ratio: Return per unit of total volatility	0.12	0.05	+0.07
Sortino ratio: Return per unit of downside risk	0.31	0.19	+0.12
Omega ratio: Gain probability vs. loss probability	1.03	1.02	+0.01
Calmar ratio: Return relative to maximum drawdown	0.20	0.07	+0.14
Martin ratio: Return relative to average drawdown	0.45	0.15	+0.30

CISMX vs. CILGX - Sharpe Ratio Comparison

The current CISMX Sharpe Ratio is 0.12, which is higher than the CILGX Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of CISMX 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

CISMX vs. CILGX - Drawdown Comparison

The maximum CISMX drawdown since its inception was -33.80%, roughly equal to the maximum CILGX drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for CISMX and CILGX.

Drawdown Indicators

	CISMX	CILGX	Difference
Max Drawdown Largest peak-to-trough decline	-33.80%	-33.57%	-0.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.54%	-12.06%	+1.52%
Max Drawdown (3Y) Largest decline over 3 years	-21.19%	-15.60%	-5.59%
Max Drawdown (5Y) Largest decline over 5 years	-21.19%	-21.80%	+0.61%
Max Drawdown (10Y) Largest decline over 10 years	-33.80%	—	—
Current Drawdown Current decline from peak	-14.41%	-10.92%	-3.49%
Average Drawdown Average peak-to-trough decline	-6.72%	-5.83%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	5.39%	-0.60%

Volatility

CISMX vs. CILGX - Volatility Comparison

Clarkston Partners Fund (CISMX) has a higher volatility of 4.69% compared to Clarkston Fund (CILGX) at 4.35%. This indicates that CISMX's price experiences larger fluctuations and is considered to be riskier than CILGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CISMX	CILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	4.35%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	12.70%	11.66%	+1.04%
Volatility (1Y) Calculated over the trailing 1-year period	17.21%	15.59%	+1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.50%	16.81%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	17.93%	+0.38%

CISMX vs. CILGX - Expense Ratio Comparison

CISMX has a 1.00% expense ratio, which is higher than CILGX's 0.70% expense ratio.

Dividends

CISMX vs. CILGX - Dividend Comparison

CISMX's dividend yield for the trailing twelve months is around 4.65%, more than CILGX's 4.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CILGX Clarkston Fund	4.43%	4.09%	0.88%	3.44%	5.14%	3.16%	5.87%	5.93%	4.77%	0.00%	0.00%	0.00%
CISMX Clarkston Partners Fund	4.65%	4.65%	1.05%	3.76%	16.95%	0.81%	3.73%	3.79%	7.15%	1.30%	1.17%	0.09%

Frequently Asked Questions

Can I hold both CISMX and CILGX in my portfolio?

With a correlation of 0.92, CISMX 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, CISMX or CILGX?

CISMX has higher volatility (4.69%) compared to CILGX (4.35%). In terms of maximum drawdown, CISMX dropped -33.80% vs CILGX's -33.57%.

Which has better risk-adjusted returns?

CISMX currently has the higher Sharpe Ratio (0.12 vs 0.05), 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.