KCEIX vs. KCSIX

Last updated Jun 3, 2026

KCEIX (Knights of Columbus Long/Short Equity Fund) and KCSIX (Knights of Columbus Small Cap Fund) are both mutual funds - KCEIX is a Long-Short fund managed by Catholic Investor, while KCSIX is a Small Cap Blend Equities fund managed by Catholic Investor. Over the past 5 years, KCEIX returned 9.12%/yr vs 8.14%/yr for KCSIX. At a 0.35 correlation, their price movements are largely independent. KCEIX charges 1.50%/yr vs 1.05%/yr for KCSIX.

Performance

KCEIX vs. KCSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knights of Columbus Long/Short Equity Fund (KCEIX) and Knights of Columbus Small Cap Fund (KCSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCEIX achieves a 7.45% return, which is significantly lower than KCSIX's 15.93% return.

KCEIX

• 1D: 0.45%
• 1M: 3.72%
• YTD: 7.45%
• 6M: 8.25%
• 1Y: 12.68%
• 3Y*: 11.12%
• 5Y*: 9.12%
• 10Y*: —

KCSIX

• 1D: -0.46%
• 1M: 1.40%
• YTD: 15.93%
• 6M: 17.33%
• 1Y: 37.38%
• 3Y*: 18.44%
• 5Y*: 8.14%
• 10Y*: 10.43%

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

KCEIX vs. KCSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
KCEIX Knights of Columbus Long/Short Equity Fund	7.45%	5.51%	15.09%	2.84%	10.41%	16.74%	-11.05%	0.20%
KCSIX Knights of Columbus Small Cap Fund	15.93%	11.42%	15.38%	16.26%	-20.48%	23.97%	13.65%	2.60%

Correlation

The correlation between KCEIX and KCSIX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Dec 3, 2019	0.35

The correlation between KCEIX and KCSIX shifts across timeframes, from 0.24 (1 year) to 0.36 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

KCEIX vs. KCSIX — Risk / Return Rank

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

KCEIX

KCEIX Risk / Return Rank: 63
KCEIX Sharpe Ratio Rank: 52
KCEIX Sortino Ratio Rank: 57
KCEIX Omega Ratio Rank: 52
KCEIX Calmar Ratio Rank: 89
KCEIX Martin Ratio Rank: 64

KCSIX

KCSIX Risk / Return Rank: 65
KCSIX Sharpe Ratio Rank: 54
KCSIX Sortino Ratio Rank: 55
KCSIX Omega Ratio Rank: 46
KCSIX Calmar Ratio Rank: 87
KCSIX Martin Ratio Rank: 83

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.

KCEIX vs. KCSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus Long/Short Equity Fund (KCEIX) and Knights of Columbus Small Cap Fund (KCSIX). 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.

	KCEIX	KCSIX	Difference
Sharpe ratio Return per unit of total volatility	2.14	2.17	-0.03
Sortino ratio Return per unit of downside risk	3.19	3.13	+0.06
Omega ratio Gain probability vs. loss probability	1.40	1.37	+0.03
Calmar ratio Return relative to maximum drawdown	4.40	4.18	+0.22
Martin ratio Return relative to average drawdown	12.55	15.75	-3.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KCEIX vs. KCSIX - Sharpe Ratio Comparison

The current KCEIX Sharpe Ratio is 2.14, which is comparable to the KCSIX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of KCEIX and KCSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KCEIX	KCSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.17	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.33	0.39	+0.94
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.46	+0.40

Drawdowns

KCEIX vs. KCSIX - Drawdown Comparison

The maximum KCEIX drawdown since its inception was -16.07%, smaller than the maximum KCSIX drawdown of -45.52%. Use the drawdown chart below to compare losses from any high point for KCEIX and KCSIX.

Drawdown Indicators

	KCEIX	KCSIX	Difference
Max Drawdown Largest peak-to-trough decline	-16.07%	-45.52%	+29.45%
Max Drawdown (1Y) Largest decline over 1 year	-2.82%	-8.96%	+6.14%
Max Drawdown (3Y) Largest decline over 3 years	-6.12%	-26.20%	+20.08%
Max Drawdown (5Y) Largest decline over 5 years	-7.12%	-30.88%	+23.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.52%	—
Current Drawdown Current decline from peak	0.00%	-1.81%	+1.81%
Average Drawdown Average peak-to-trough decline	-3.48%	-9.10%	+5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	2.38%	-1.39%

Volatility

KCEIX vs. KCSIX - Volatility Comparison

The current volatility for Knights of Columbus Long/Short Equity Fund (KCEIX) is 2.78%, while Knights of Columbus Small Cap Fund (KCSIX) has a volatility of 5.20%. This indicates that KCEIX experiences smaller price fluctuations and is considered to be less risky than KCSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KCEIX	KCSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.78%	5.20%	-2.42%
Volatility (6M) Calculated over the trailing 6-month period	4.22%	12.81%	-8.59%
Volatility (1Y) Calculated over the trailing 1-year period	5.83%	17.45%	-11.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.91%	21.21%	-14.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.06%	22.82%	-14.76%

KCEIX vs. KCSIX - Expense Ratio Comparison

KCEIX has a 1.50% expense ratio, which is higher than KCSIX's 1.05% expense ratio.

Dividends

KCEIX vs. KCSIX - Dividend Comparison

KCEIX's dividend yield for the trailing twelve months is around 1.52%, less than KCSIX's 10.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
KCEIX Knights of Columbus Long/Short Equity Fund	1.52%	1.66%	2.35%	2.20%	7.60%	0.00%	0.14%	0.00%	0.00%	0.00%	0.00%
KCSIX Knights of Columbus Small Cap Fund	10.28%	11.81%	8.67%	2.07%	1.51%	11.42%	0.00%	0.25%	13.09%	4.91%	0.22%

Frequently Asked Questions

Can I hold both KCEIX and KCSIX in my portfolio?

KCEIX and KCSIX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KCEIX or KCSIX?

KCSIX has higher volatility (5.20%) compared to KCEIX (2.78%). In terms of maximum drawdown, KCEIX dropped -16.07% vs KCSIX's -45.52%.

Which has better risk-adjusted returns?

KCSIX currently has the higher Sharpe Ratio (2.17 vs 2.14), 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.