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KSCOX vs. OBMCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

KSCOX vs. OBMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinetics Small Cap Opportunities Fund (KSCOX) and Oberweis Micro Cap Fund (OBMCX). The values are adjusted to include any dividend payments, if applicable.

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KSCOX vs. OBMCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
KSCOX
Kinetics Small Cap Opportunities Fund
29.72%-8.66%68.42%-14.77%31.96%50.32%2.30%27.06%0.29%26.23%
OBMCX
Oberweis Micro Cap Fund
8.96%14.70%22.82%18.87%-10.57%53.20%29.91%21.94%-12.04%27.90%

Returns By Period

In the year-to-date period, KSCOX achieves a 29.72% return, which is significantly higher than OBMCX's 8.96% return. Over the past 10 years, KSCOX has outperformed OBMCX with an annualized return of 21.17%, while OBMCX has yielded a comparatively lower 18.72% annualized return.


KSCOX

1D
-5.64%
1M
-8.65%
YTD
29.72%
6M
22.71%
1Y
8.12%
3Y*
25.79%
5Y*
16.02%
10Y*
21.17%

OBMCX

1D
-3.56%
1M
-5.54%
YTD
8.96%
6M
7.64%
1Y
43.65%
3Y*
18.71%
5Y*
14.63%
10Y*
18.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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KSCOX vs. OBMCX - Expense Ratio Comparison

KSCOX has a 1.64% expense ratio, which is higher than OBMCX's 1.48% expense ratio.


Return for Risk

KSCOX vs. OBMCX — Risk / Return Rank

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

KSCOX
KSCOX Risk / Return Rank: 1212
Overall Rank
KSCOX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
KSCOX Sortino Ratio Rank: 1414
Sortino Ratio Rank
KSCOX Omega Ratio Rank: 1414
Omega Ratio Rank
KSCOX Calmar Ratio Rank: 1111
Calmar Ratio Rank
KSCOX Martin Ratio Rank: 99
Martin Ratio Rank

OBMCX
OBMCX Risk / Return Rank: 8686
Overall Rank
OBMCX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
OBMCX Sortino Ratio Rank: 8484
Sortino Ratio Rank
OBMCX Omega Ratio Rank: 7777
Omega Ratio Rank
OBMCX Calmar Ratio Rank: 9494
Calmar Ratio Rank
OBMCX Martin Ratio Rank: 9292
Martin Ratio Rank
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.

KSCOX vs. OBMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Small Cap Opportunities Fund (KSCOX) and Oberweis Micro Cap Fund (OBMCX). 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.


KSCOXOBMCXDifference

Sharpe ratio

Return per unit of total volatility

0.31

1.57

-1.26

Sortino ratio

Return per unit of downside risk

0.63

2.15

-1.52

Omega ratio

Gain probability vs. loss probability

1.08

1.29

-0.21

Calmar ratio

Return relative to maximum drawdown

0.28

3.08

-2.80

Martin ratio

Return relative to average drawdown

0.46

11.08

-10.63

KSCOX vs. OBMCX - Sharpe Ratio Comparison

The current KSCOX Sharpe Ratio is 0.31, which is lower than the OBMCX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of KSCOX and OBMCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


KSCOXOBMCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.31

1.57

-1.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.56

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

0.73

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.41

+0.20

Correlation

The correlation between KSCOX and OBMCX is 0.64, 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

KSCOX vs. OBMCX - Dividend Comparison

KSCOX's dividend yield for the trailing twelve months is around 0.14%, less than OBMCX's 1.29% yield.


TTM20252024202320222021202020192018201720162015
KSCOX
Kinetics Small Cap Opportunities Fund
0.14%0.18%3.58%6.71%0.00%1.67%0.00%0.00%0.00%0.00%0.00%0.00%
OBMCX
Oberweis Micro Cap Fund
1.29%1.41%2.53%0.00%1.37%24.35%0.00%0.00%19.67%11.76%0.05%3.07%

Drawdowns

KSCOX vs. OBMCX - Drawdown Comparison

The maximum KSCOX drawdown since its inception was -70.09%, roughly equal to the maximum OBMCX drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for KSCOX and OBMCX.


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Drawdown Indicators


KSCOXOBMCXDifference

Max Drawdown

Largest peak-to-trough decline

-70.09%

-68.24%

-1.85%

Max Drawdown (1Y)

Largest decline over 1 year

-24.29%

-12.68%

-11.61%

Max Drawdown (5Y)

Largest decline over 5 years

-33.10%

-28.11%

-4.99%

Max Drawdown (10Y)

Largest decline over 10 years

-47.09%

-50.04%

+2.95%

Current Drawdown

Current decline from peak

-11.01%

-8.84%

-2.17%

Average Drawdown

Average peak-to-trough decline

-14.89%

-16.51%

+1.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.84%

3.53%

+11.31%

Volatility

KSCOX vs. OBMCX - Volatility Comparison

The current volatility for Kinetics Small Cap Opportunities Fund (KSCOX) is 7.94%, while Oberweis Micro Cap Fund (OBMCX) has a volatility of 11.54%. This indicates that KSCOX experiences smaller price fluctuations and is considered to be less risky than OBMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


KSCOXOBMCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.94%

11.54%

-3.60%

Volatility (6M)

Calculated over the trailing 6-month period

19.48%

18.92%

+0.56%

Volatility (1Y)

Calculated over the trailing 1-year period

28.88%

27.25%

+1.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.74%

26.10%

+1.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.84%

25.70%

+0.14%