KCSIX vs. IPSIX

Last updated Jun 5, 2026

KCSIX (Knights of Columbus Small Cap Fund) and IPSIX (Voya Index Plus SmallCap Portfolio) are both Small Cap Blend Equities funds. Over the past 10 years, KCSIX returned 10.41%/yr vs 10.13%/yr for IPSIX. Their correlation of 0.94 suggests significant overlap in exposure. KCSIX charges 1.05%/yr vs 0.60%/yr for IPSIX.

Performance

KCSIX vs. IPSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knights of Columbus Small Cap Fund (KCSIX) and Voya Index Plus SmallCap Portfolio (IPSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCSIX achieves a 15.78% return, which is significantly lower than IPSIX's 16.61% return. Both investments have delivered pretty close results over the past 10 years, with KCSIX having a 10.41% annualized return and IPSIX not far behind at 10.13%.

KCSIX

• 1D: -0.91%
• 1M: -1.23%
• YTD: 15.78%
• 6M: 15.18%
• 1Y: 36.75%
• 3Y*: 18.38%
• 5Y*: 8.07%
• 10Y*: 10.41%

IPSIX

• 1D: -1.09%
• 1M: 0.88%
• YTD: 16.61%
• 6M: 16.30%
• 1Y: 35.36%
• 3Y*: 16.41%
• 5Y*: 7.68%
• 10Y*: 10.13%

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

KCSIX vs. IPSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KCSIX Knights of Columbus Small Cap Fund	15.78%	11.42%	15.38%	16.26%	-20.48%	23.97%	13.65%	24.47%	-15.84%	15.41%
IPSIX Voya Index Plus SmallCap Portfolio	16.61%	8.46%	8.64%	18.17%	-13.82%	28.42%	5.25%	21.07%	-12.34%	9.94%

Correlation

The correlation between KCSIX and IPSIX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.94

The correlation between KCSIX and IPSIX shifts across timeframes, from 0.81 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KCSIX vs. IPSIX — Risk / Return Rank

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

KCSIX

KCSIX Risk / Return Rank: 62
KCSIX Sharpe Ratio Rank: 50
KCSIX Sortino Ratio Rank: 51
KCSIX Omega Ratio Rank: 43
KCSIX Calmar Ratio Rank: 85
KCSIX Martin Ratio Rank: 82

IPSIX

IPSIX Risk / Return Rank: 72
IPSIX Sharpe Ratio Rank: 62
IPSIX Sortino Ratio Rank: 65
IPSIX Omega Ratio Rank: 50
IPSIX Calmar Ratio Rank: 93
IPSIX Martin Ratio Rank: 89

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.

KCSIX vs. IPSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus Small Cap Fund (KCSIX) and Voya Index Plus SmallCap Portfolio (IPSIX). 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.

	KCSIX	IPSIX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.27	-0.21
Sortino ratio: Return per unit of downside risk	2.99	3.31	-0.32
Omega ratio: Gain probability vs. loss probability	1.35	1.38	-0.03
Calmar ratio: Return relative to maximum drawdown	4.01	5.18	-1.17
Martin ratio: Return relative to average drawdown	15.04	17.01	-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.

KCSIX vs. IPSIX - Sharpe Ratio Comparison

The current KCSIX Sharpe Ratio is 2.06, which is comparable to the IPSIX Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of KCSIX and IPSIX, 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

	KCSIX	IPSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.27	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.36	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.43	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.36	+0.10

Drawdowns

KCSIX vs. IPSIX - Drawdown Comparison

The maximum KCSIX drawdown since its inception was -45.52%, smaller than the maximum IPSIX drawdown of -58.01%. Use the drawdown chart below to compare losses from any high point for KCSIX and IPSIX.

Drawdown Indicators

	KCSIX	IPSIX	Difference
Max Drawdown Largest peak-to-trough decline	-45.52%	-58.01%	+12.49%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	-7.63%	-1.33%
Max Drawdown (3Y) Largest decline over 3 years	-26.20%	-26.60%	+0.40%
Max Drawdown (5Y) Largest decline over 5 years	-30.88%	-26.60%	-4.28%
Max Drawdown (10Y) Largest decline over 10 years	-45.52%	-47.92%	+2.40%
Current Drawdown Current decline from peak	-1.93%	-1.09%	-0.84%
Average Drawdown Average peak-to-trough decline	-9.10%	-9.71%	+0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	2.26%	+0.12%

Volatility

KCSIX vs. IPSIX - Volatility Comparison

Knights of Columbus Small Cap Fund (KCSIX) has a higher volatility of 5.32% compared to Voya Index Plus SmallCap Portfolio (IPSIX) at 4.38%. This indicates that KCSIX's price experiences larger fluctuations and is considered to be riskier than IPSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KCSIX	IPSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	4.38%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	12.82%	11.47%	+1.35%
Volatility (1Y) Calculated over the trailing 1-year period	17.45%	17.45%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	22.02%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.82%	23.74%	-0.92%

KCSIX vs. IPSIX - Expense Ratio Comparison

KCSIX has a 1.05% expense ratio, which is higher than IPSIX's 0.60% expense ratio.

Dividends

KCSIX vs. IPSIX - Dividend Comparison

KCSIX's dividend yield for the trailing twelve months is around 10.29%, more than IPSIX's 9.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPSIX Voya Index Plus SmallCap Portfolio	9.37%	5.72%	4.44%	4.20%	19.88%	0.65%	1.98%	16.87%	18.12%	9.69%	3.19%	0.93%
KCSIX Knights of Columbus Small Cap Fund	10.29%	11.81%	8.67%	2.07%	1.51%	11.42%	0.00%	0.25%	13.09%	4.91%	0.22%	0.00%

Frequently Asked Questions

Can I hold both KCSIX and IPSIX in my portfolio?

KCSIX and IPSIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KCSIX or IPSIX?

KCSIX has higher volatility (5.32%) compared to IPSIX (4.38%). In terms of maximum drawdown, KCSIX dropped -45.52% vs IPSIX's -58.01%.

Which has better risk-adjusted returns?

IPSIX currently has the higher Sharpe Ratio (2.27 vs 2.06), 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.