KCXIX vs. KCEIX

Last updated Aug 1, 2026

KCXIX (Knights of Columbus U.S. All Cap Index Fund) and KCEIX (Knights of Columbus Long/Short Equity Fund) are both mutual funds - KCXIX is a Large Cap Blend Equities fund managed by Catholic Investor, while KCEIX is a Long-Short fund managed by Catholic Investor. Over the past 5 years, KCXIX returned 11.93%/yr vs 10.57%/yr for KCEIX. Their 0.29 correlation means their historical movements had little consistent relationship. KCXIX charges 0.92%/yr vs 1.50%/yr for KCEIX.

Performance

KCXIX vs. KCEIX - Performance Comparison

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

Returns By Period

In the year-to-date period, KCXIX achieves a 9.57% return, which is significantly lower than KCEIX's 11.56% return.

KCXIX

• 1D: 1.92%
• 1M: -0.71%
• 6M: 8.14%
• YTD: 9.57%
• 1Y: 19.64%
• 3Y*: 18.89%
• 5Y*: 11.93%
• 10Y*: —
• ALL TIME*: 15.13%

KCEIX

• 1D: -1.14%
• 1M: 3.13%
• 6M: 10.85%
• YTD: 11.56%
• 1Y: 16.72%
• 3Y*: 11.38%
• 5Y*: 10.57%
• 10Y*: —
• ALL TIME*: 7.32%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KCEIX Knights of Columbus Long/Short Equity Fund	$0.00	$0.00	$0.00
KCXIX Knights of Columbus U.S. All Cap Index Fund	$0.00	$0.00	$0.00

KCXIX vs. KCEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
KCXIX Knights of Columbus U.S. All Cap Index Fund	9.57%	17.20%	25.06%	29.05%	-21.06%	27.05%	21.54%	0.00%
KCEIX Knights of Columbus Long/Short Equity Fund	11.56%	5.51%	15.09%	2.84%	10.41%	16.74%	-11.05%	-0.20%

Correlation

The correlation between KCXIX and KCEIX is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.06
Correlation (3Y) Balances recent behavior with more history.	0.28
Correlation (5Y) Shows whether the relationship held over a longer period.	0.22
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019	0.29

The correlation between KCXIX and KCEIX shifts across timeframes, from -0.06 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KCXIX vs. KCEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KCXIX

KCXIX Risk / Return Rank: 50
KCXIX Sharpe Ratio Rank: 46
KCXIX Sortino Ratio Rank: 44
KCXIX Omega Ratio Rank: 43
KCXIX Calmar Ratio Rank: 55
KCXIX Martin Ratio Rank: 59

KCEIX

KCEIX Risk / Return Rank: 96
KCEIX Sharpe Ratio Rank: 96
KCEIX Sortino Ratio Rank: 96
KCEIX Omega Ratio Rank: 92
KCEIX Calmar Ratio Rank: 98
KCEIX Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KCXIX vs. KCEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus U.S. All Cap Index Fund (KCXIX) and Knights of Columbus Long/Short Equity Fund (KCEIX). 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.

	KCXIX	KCEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.26	2.72	-1.45
Sortino ratio: Return per unit of downside risk	1.79	4.11	-2.32
Omega ratio: Gain probability vs. loss probability	1.23	1.52	-0.29
Calmar ratio: Return relative to maximum drawdown	1.92	6.27	-4.35
Martin ratio: Return relative to average drawdown	7.60	19.56	-11.96

KCXIX vs. KCEIX - Sharpe Ratio Comparison

The current KCXIX Sharpe Ratio is 1.26, which is lower than the KCEIX Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of KCXIX and KCEIX, 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

KCXIX vs. KCEIX - Drawdown Comparison

The maximum KCXIX drawdown since its inception was -35.77%, which is greater than KCEIX's maximum drawdown of -16.07%. Use the drawdown chart below to compare losses from any high point for KCXIX and KCEIX.

Drawdown Indicators

	KCXIX	KCEIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.77%	-16.07%	-19.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-2.82%	-6.29%
Max Drawdown (3Y) Largest decline over 3 years	-20.49%	-6.12%	-14.37%
Max Drawdown (5Y) Largest decline over 5 years	-26.99%	-7.12%	-19.87%
Current Drawdown Current decline from peak	-2.93%	-1.14%	-1.79%
Average Drawdown Average peak-to-trough decline	-6.23%	-3.40%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	0.90%	+1.40%

Volatility

KCXIX vs. KCEIX - Volatility Comparison

Knights of Columbus U.S. All Cap Index Fund (KCXIX) has a higher volatility of 3.95% compared to Knights of Columbus Long/Short Equity Fund (KCEIX) at 2.84%. This indicates that KCXIX's price experiences larger fluctuations and is considered to be riskier than KCEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KCXIX	KCEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	2.84%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	10.95%	5.42%	+5.53%
Volatility (1Y) Calculated over the trailing 1-year period	13.87%	6.62%	+7.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.44%	6.90%	+11.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.73%	8.09%	+13.64%

KCXIX vs. KCEIX - Expense Ratio Comparison

KCXIX has a 0.92% expense ratio, which is lower than KCEIX's 1.50% expense ratio.

Dividends

KCXIX vs. KCEIX - Dividend Comparison

KCXIX's dividend yield for the trailing twelve months is around 2.58%, more than KCEIX's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
KCEIX Knights of Columbus Long/Short Equity Fund	1.48%	1.66%	2.35%	2.20%	7.60%	0.00%	0.14%
KCXIX Knights of Columbus U.S. All Cap Index Fund	2.58%	2.81%	2.61%	1.85%	1.41%	1.48%	1.28%

Frequently Asked Questions

Can I hold both KCXIX and KCEIX in my portfolio?

KCXIX and KCEIX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KCXIX or KCEIX?

KCXIX has higher volatility (3.95%) compared to KCEIX (2.84%). In terms of maximum drawdown, KCXIX dropped -35.77% vs KCEIX's -16.07%.

Which has better risk-adjusted returns?

KCEIX currently has the higher Sharpe Ratio (2.72 vs 1.26), 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.