CMCMX vs. CCMMX

Last updated Apr 1, 2026

Compare and contrast key facts about Conestoga Micro Cap Fund (CMCMX) and Conestoga Mid Cap Fund (CCMMX).

CMCMX is managed by Conestoga Capital Advisors. It was launched on Dec 17, 2021. CCMMX is managed by Conestoga Capital Advisors. It was launched on Jun 28, 2021.

Performance

CMCMX vs. CCMMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Conestoga Micro Cap Fund (CMCMX) and Conestoga Mid Cap Fund (CCMMX). The values are adjusted to include any dividend payments, if applicable.

CMCMX vs. CCMMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CMCMX Conestoga Micro Cap Fund	-10.23%	16.41%	13.03%	-2.75%	3.42%
CCMMX Conestoga Mid Cap Fund	0.14%	-2.22%	3.84%	22.45%	-2.36%

Returns By Period

CMCMX

• 1D: -0.84%
• 1M: -8.94%
• YTD: -10.23%
• 6M: -11.85%
• 1Y: 13.92%
• 3Y*: 3.78%
• 5Y*: —
• 10Y*: —

CCMMX

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

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

CMCMX vs. CCMMX - Expense Ratio Comparison

CMCMX has a 1.50% expense ratio, which is higher than CCMMX's 1.05% expense ratio.

CMCMX

Conestoga Micro Cap Fund

CCMMX

Conestoga Mid Cap Fund

Return for Risk

CMCMX vs. CCMMX — Risk / Return Rank

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

CMCMX

CMCMX Risk / Return Rank: 21
CMCMX Sharpe Ratio Rank: 20
CMCMX Sortino Ratio Rank: 25
CMCMX Omega Ratio Rank: 17
CMCMX Calmar Ratio Rank: 22
CMCMX Martin Ratio Rank: 19

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.

CMCMX vs. CCMMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Conestoga Micro Cap Fund (CMCMX) and Conestoga Mid Cap Fund (CCMMX). 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.

	CMCMX	CCMMX	Difference
Sharpe ratio Return per unit of total volatility	0.54	—	—
Sortino ratio Return per unit of downside risk	1.00	—	—
Omega ratio Gain probability vs. loss probability	1.11	—	—
Calmar ratio Return relative to maximum drawdown	0.65	—	—
Martin ratio Return relative to average drawdown	1.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CMCMX	CCMMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	—	—

Correlation

The correlation between CMCMX and CCMMX is 0.74, 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

CMCMX vs. CCMMX - Dividend Comparison

CMCMX's dividend yield for the trailing twelve months is around 1.15%, more than CCMMX's 0.36% yield.

	TTM	2025
CMCMX Conestoga Micro Cap Fund	1.15%	1.03%
CCMMX Conestoga Mid Cap Fund	0.36%	0.00%

Drawdowns

Drawdown Indicators

	CMCMX	CCMMX	Difference
Max Drawdown Largest peak-to-trough decline	-35.11%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.58%	—	—
Current Drawdown Current decline from peak	-16.58%	—	—
Average Drawdown Average peak-to-trough decline	-12.10%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.46%	—	—

Volatility

Volatility by Period

	CMCMX	CCMMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.34%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.49%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.49%	—	—