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CTSIX vs. CHY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CTSIX vs. CHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Timpani Small Cap Growth Fund (CTSIX) and Calamos Convertible and High Income Closed Fund (CHY). The values are adjusted to include any dividend payments, if applicable.

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CTSIX vs. CHY - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
CTSIX
Calamos Timpani Small Cap Growth Fund
-4.77%25.90%44.34%7.57%-37.30%9.12%63.38%1.20%
CHY
Calamos Convertible and High Income Closed Fund
-2.05%3.97%17.24%20.78%-28.05%22.17%36.75%13.05%

Returns By Period

In the year-to-date period, CTSIX achieves a -4.77% return, which is significantly lower than CHY's -2.05% return.


CTSIX

1D
-3.92%
1M
-9.84%
YTD
-4.77%
6M
-1.18%
1Y
36.02%
3Y*
20.88%
5Y*
2.96%
10Y*

CHY

1D
2.83%
1M
-8.38%
YTD
-2.05%
6M
2.23%
1Y
20.16%
3Y*
11.08%
5Y*
3.48%
10Y*
10.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CTSIX vs. CHY - Expense Ratio Comparison

CTSIX has a 1.05% expense ratio, which is lower than CHY's 2.64% expense ratio.


Return for Risk

CTSIX vs. CHY — Risk / Return Rank

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

CTSIX
CTSIX Risk / Return Rank: 7979
Overall Rank
CTSIX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
CTSIX Sortino Ratio Rank: 7474
Sortino Ratio Rank
CTSIX Omega Ratio Rank: 6363
Omega Ratio Rank
CTSIX Calmar Ratio Rank: 9292
Calmar Ratio Rank
CTSIX Martin Ratio Rank: 9191
Martin Ratio Rank

CHY
CHY Risk / Return Rank: 6969
Overall Rank
CHY Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
CHY Sortino Ratio Rank: 6767
Sortino Ratio Rank
CHY Omega Ratio Rank: 6363
Omega Ratio Rank
CHY Calmar Ratio Rank: 7171
Calmar Ratio Rank
CHY Martin Ratio Rank: 8080
Martin Ratio Rank
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.

CTSIX vs. CHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Timpani Small Cap Growth Fund (CTSIX) and Calamos Convertible and High Income Closed Fund (CHY). 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.


CTSIXCHYDifference

Sharpe ratio

Return per unit of total volatility

1.29

1.18

+0.12

Sortino ratio

Return per unit of downside risk

1.84

1.67

+0.16

Omega ratio

Gain probability vs. loss probability

1.24

1.24

0.00

Calmar ratio

Return relative to maximum drawdown

2.78

1.62

+1.15

Martin ratio

Return relative to average drawdown

10.72

7.75

+2.97

CTSIX vs. CHY - Sharpe Ratio Comparison

The current CTSIX Sharpe Ratio is 1.29, which is comparable to the CHY Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of CTSIX and CHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CTSIXCHYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.29

1.18

+0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.18

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.36

+0.03

Correlation

The correlation between CTSIX and CHY is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

CTSIX vs. CHY - Dividend Comparison

CTSIX has not paid dividends to shareholders, while CHY's dividend yield for the trailing twelve months is around 11.02%.


TTM20252024202320222021202020192018201720162015
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%
CHY
Calamos Convertible and High Income Closed Fund
11.02%10.61%9.88%10.46%11.37%7.42%7.14%8.72%12.13%10.13%11.37%11.42%

Drawdowns

CTSIX vs. CHY - Drawdown Comparison

The maximum CTSIX drawdown since its inception was -50.83%, smaller than the maximum CHY drawdown of -60.53%. Use the drawdown chart below to compare losses from any high point for CTSIX and CHY.


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Drawdown Indicators


CTSIXCHYDifference

Max Drawdown

Largest peak-to-trough decline

-50.83%

-60.53%

+9.70%

Max Drawdown (1Y)

Largest decline over 1 year

-12.38%

-11.42%

-0.96%

Max Drawdown (5Y)

Largest decline over 5 years

-50.60%

-35.99%

-14.61%

Max Drawdown (10Y)

Largest decline over 10 years

-50.41%

Current Drawdown

Current decline from peak

-12.38%

-8.91%

-3.47%

Average Drawdown

Average peak-to-trough decline

-21.13%

-9.16%

-11.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

2.39%

+0.81%

Volatility

CTSIX vs. CHY - Volatility Comparison

Calamos Timpani Small Cap Growth Fund (CTSIX) has a higher volatility of 12.38% compared to Calamos Convertible and High Income Closed Fund (CHY) at 7.72%. This indicates that CTSIX's price experiences larger fluctuations and is considered to be riskier than CHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CTSIXCHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.38%

7.72%

+4.66%

Volatility (6M)

Calculated over the trailing 6-month period

21.14%

11.93%

+9.21%

Volatility (1Y)

Calculated over the trailing 1-year period

29.23%

17.29%

+11.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.79%

19.15%

+8.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.69%

23.13%

+6.56%