IMSIX vs. IMSCX

Last updated Apr 1, 2026

Compare and contrast key facts about IMS Strategic Income Fund (IMSIX) and IMS Capital Value Fund (IMSCX).

IMSIX is managed by IMS. It was launched on Nov 4, 2002. IMSCX is managed by IMS. It was launched on Aug 5, 1996.

Performance

IMSIX vs. IMSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IMS Strategic Income Fund (IMSIX) and IMS Capital Value Fund (IMSCX). The values are adjusted to include any dividend payments, if applicable.

IMSIX vs. IMSCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IMSIX IMS Strategic Income Fund	-2.05%	8.83%	0.41%	10.14%	-17.29%	11.84%	4.01%	15.97%	-9.31%	-5.36%
IMSCX IMS Capital Value Fund	-9.29%	16.99%	21.40%	47.43%	-30.11%	12.87%	13.86%	39.69%	-12.02%	11.89%

Returns By Period

In the year-to-date period, IMSIX achieves a -2.05% return, which is significantly higher than IMSCX's -9.29% return. Over the past 10 years, IMSIX has underperformed IMSCX with an annualized return of 1.68%, while IMSCX has yielded a comparatively higher 9.65% annualized return.

IMSIX

• 1D: 0.00%
• 1M: -3.49%
• YTD: -2.05%
• 6M: -2.03%
• 1Y: 3.48%
• 3Y*: 4.80%
• 5Y*: -0.30%
• 10Y*: 1.68%

IMSCX

• 1D: -0.55%
• 1M: -8.34%
• YTD: -9.29%
• 6M: -6.66%
• 1Y: 12.51%
• 3Y*: 18.71%
• 5Y*: 6.75%
• 10Y*: 9.65%

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

IMSIX vs. IMSCX - Expense Ratio Comparison

IMSIX has a 1.95% expense ratio, which is higher than IMSCX's 1.82% expense ratio.

IMSIX

IMS Strategic Income Fund

IMSCX

IMS Capital Value Fund

Return for Risk

IMSIX vs. IMSCX — Risk / Return Rank

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

IMSIX

IMSIX Risk / Return Rank: 17
IMSIX Sharpe Ratio Rank: 16
IMSIX Sortino Ratio Rank: 13
IMSIX Omega Ratio Rank: 14
IMSIX Calmar Ratio Rank: 24
IMSIX Martin Ratio Rank: 19

IMSCX

IMSCX Risk / Return Rank: 25
IMSCX Sharpe Ratio Rank: 24
IMSCX Sortino Ratio Rank: 24
IMSCX Omega Ratio Rank: 25
IMSCX Calmar Ratio Rank: 27
IMSCX Martin Ratio Rank: 25

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.

IMSIX vs. IMSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IMS Strategic Income Fund (IMSIX) and IMS Capital Value Fund (IMSCX). 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.

	IMSIX	IMSCX	Difference
Sharpe ratio Return per unit of total volatility	0.43	0.59	-0.16
Sortino ratio Return per unit of downside risk	0.63	0.95	-0.32
Omega ratio Gain probability vs. loss probability	1.10	1.14	-0.04
Calmar ratio Return relative to maximum drawdown	0.70	0.78	-0.08
Martin ratio Return relative to average drawdown	2.00	2.75	-0.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMSIX vs. IMSCX - Sharpe Ratio Comparison

The current IMSIX Sharpe Ratio is 0.43, which is comparable to the IMSCX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of IMSIX and IMSCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IMSIX	IMSCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.43	0.59	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.32	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.49	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.37	-0.28

Correlation

The correlation between IMSIX and IMSCX is 0.57, 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

IMSIX vs. IMSCX - Dividend Comparison

IMSIX's dividend yield for the trailing twelve months is around 8.81%, more than IMSCX's 3.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMSIX IMS Strategic Income Fund	8.81%	7.96%	7.00%	5.16%	7.84%	6.79%	5.93%	5.02%	6.38%	7.27%	9.32%	11.40%
IMSCX IMS Capital Value Fund	3.92%	3.55%	5.63%	0.00%	0.00%	4.09%	2.09%	10.15%	13.04%	2.08%	0.00%	0.00%

Drawdowns

IMSIX vs. IMSCX - Drawdown Comparison

The maximum IMSIX drawdown since its inception was -51.80%, smaller than the maximum IMSCX drawdown of -56.63%. Use the drawdown chart below to compare losses from any high point for IMSIX and IMSCX.

Drawdown Indicators

	IMSIX	IMSCX	Difference
Max Drawdown Largest peak-to-trough decline	-51.80%	-56.63%	+4.83%
Max Drawdown (1Y) Largest decline over 1 year	-4.93%	-12.91%	+7.98%
Max Drawdown (5Y) Largest decline over 5 years	-26.09%	-40.18%	+14.09%
Max Drawdown (10Y) Largest decline over 10 years	-27.23%	-40.18%	+12.95%
Current Drawdown Current decline from peak	-26.17%	-11.90%	-14.27%
Average Drawdown Average peak-to-trough decline	-20.81%	-10.21%	-10.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	3.67%	-1.94%

Volatility

IMSIX vs. IMSCX - Volatility Comparison

The current volatility for IMS Strategic Income Fund (IMSIX) is 2.26%, while IMS Capital Value Fund (IMSCX) has a volatility of 5.32%. This indicates that IMSIX experiences smaller price fluctuations and is considered to be less risky than IMSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMSIX	IMSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.26%	5.32%	-3.06%
Volatility (6M) Calculated over the trailing 6-month period	4.51%	12.78%	-8.27%
Volatility (1Y) Calculated over the trailing 1-year period	6.93%	21.71%	-14.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.78%	21.05%	-12.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.22%	19.56%	-10.34%