KCIIX vs. CATH

Last updated Jun 23, 2026

KCIIX (Knights of Columbus International Equity Fund) and CATH (Global X S&P 500 Catholic Values ETF) are both funds - KCIIX is a Foreign Large Cap Equities fund managed by Catholic Investor, while CATH is a S&P 500 fund tracking the S&P 500 Catholic Values Index. Over the past 10 years, KCIIX returned 10.75%/yr vs 15.00%/yr for CATH. A 0.70 correlation means they provide meaningful diversification when combined. KCIIX charges 1.21%/yr vs 0.29%/yr for CATH.

Performance

KCIIX vs. CATH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knights of Columbus International Equity Fund (KCIIX) and Global X S&P 500 Catholic Values ETF (CATH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCIIX achieves a 18.54% return, which is significantly higher than CATH's 8.18% return. Over the past 10 years, KCIIX has underperformed CATH with an annualized return of 10.75%, while CATH has yielded a comparatively higher 15.00% annualized return.

KCIIX

• 1D: 1.56%
• 1M: 4.71%
• YTD: 18.54%
• 6M: 19.12%
• 1Y: 34.47%
• 3Y*: 19.25%
• 5Y*: 8.68%
• 10Y*: 10.75%

CATH

• 1D: -0.41%
• 1M: -0.16%
• YTD: 8.18%
• 6M: 7.60%
• 1Y: 23.54%
• 3Y*: 19.79%
• 5Y*: 12.20%
• 10Y*: 15.00%

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

KCIIX vs. CATH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KCIIX Knights of Columbus International Equity Fund	18.54%	29.20%	7.57%	13.59%	-19.07%	11.40%	13.80%	19.31%	-12.45%	29.87%
CATH Global X S&P 500 Catholic Values ETF	8.18%	17.08%	23.34%	26.15%	-19.96%	28.87%	18.80%	30.64%	-5.80%	22.83%

Correlation

The correlation between KCIIX and CATH is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Apr 19, 2016	0.70

The correlation between KCIIX and CATH has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.

Return for Risk

KCIIX vs. CATH — Risk / Return Rank

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

KCIIX

KCIIX Risk / Return Rank: 55
KCIIX Sharpe Ratio Rank: 59
KCIIX Sortino Ratio Rank: 52
KCIIX Omega Ratio Rank: 58
KCIIX Calmar Ratio Rank: 53
KCIIX Martin Ratio Rank: 52

CATH

CATH Risk / Return Rank: 56
CATH Sharpe Ratio Rank: 57
CATH Sortino Ratio Rank: 55
CATH Omega Ratio Rank: 56
CATH Calmar Ratio Rank: 52
CATH Martin Ratio Rank: 63

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.

KCIIX vs. CATH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus International Equity Fund (KCIIX) and Global X S&P 500 Catholic Values ETF (CATH). 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.

	KCIIX	CATH	Difference
Sharpe ratio: Return per unit of total volatility	2.07	1.87	+0.20
Sortino ratio: Return per unit of downside risk	2.77	2.55	+0.22
Omega ratio: Gain probability vs. loss probability	1.38	1.34	+0.05
Calmar ratio: Return relative to maximum drawdown	2.66	2.51	+0.15
Martin ratio: Return relative to average drawdown	10.04	10.92	-0.87

KCIIX vs. CATH - Sharpe Ratio Comparison

The current KCIIX Sharpe Ratio is 2.07, which is comparable to the CATH Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of KCIIX and CATH, 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

KCIIX vs. CATH - Drawdown Comparison

The maximum KCIIX drawdown since its inception was -35.81%, which is greater than CATH's maximum drawdown of -33.95%. Use the drawdown chart below to compare losses from any high point for KCIIX and CATH.

Drawdown Indicators

	KCIIX	CATH	Difference
Max Drawdown Largest peak-to-trough decline	-35.81%	-33.95%	-1.86%
Max Drawdown (1Y) Largest decline over 1 year	-12.66%	-9.42%	-3.24%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-19.34%	+6.20%
Max Drawdown (5Y) Largest decline over 5 years	-31.42%	-28.14%	-3.28%
Max Drawdown (10Y) Largest decline over 10 years	-35.81%	-33.95%	-1.86%
Current Drawdown Current decline from peak	0.00%	-1.78%	+1.78%
Average Drawdown Average peak-to-trough decline	-7.54%	-5.18%	-2.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	2.16%	+1.19%

Volatility

KCIIX vs. CATH - Volatility Comparison

Knights of Columbus International Equity Fund (KCIIX) has a higher volatility of 6.53% compared to Global X S&P 500 Catholic Values ETF (CATH) at 4.45%. This indicates that KCIIX's price experiences larger fluctuations and is considered to be riskier than CATH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KCIIX	CATH	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.53%	4.45%	+2.08%
Volatility (6M) Calculated over the trailing 6-month period	14.16%	9.84%	+4.32%
Volatility (1Y) Calculated over the trailing 1-year period	16.23%	12.65%	+3.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.79%	17.98%	-2.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.02%	18.64%	-2.62%

KCIIX vs. CATH - Expense Ratio Comparison

KCIIX has a 1.21% expense ratio, which is higher than CATH's 0.29% expense ratio.

Dividends

KCIIX vs. CATH - Dividend Comparison

KCIIX's dividend yield for the trailing twelve months is around 2.70%, more than CATH's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CATH Global X S&P 500 Catholic Values ETF	0.77%	0.84%	0.95%	1.16%	1.34%	1.03%	1.23%	0.68%	2.01%	1.27%	0.50%
KCIIX Knights of Columbus International Equity Fund	2.70%	3.40%	2.53%	1.97%	2.23%	10.06%	0.99%	2.96%	4.85%	0.67%	1.66%

Frequently Asked Questions

Can I hold both KCIIX and CATH in my portfolio?

KCIIX and CATH have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KCIIX or CATH?

KCIIX has higher volatility (6.53%) compared to CATH (4.45%). In terms of maximum drawdown, KCIIX dropped -35.81% vs CATH's -33.95%.

Which has better risk-adjusted returns?

KCIIX currently has the higher Sharpe Ratio (2.07 vs 1.87), 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.