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KSOAX vs. CTSIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

KSOAX vs. CTSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinetics Small Capital Opportunities Advisor Fund Class A (KSOAX) and Calamos Timpani Small Cap Growth Fund (CTSIX). The values are adjusted to include any dividend payments, if applicable.

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KSOAX vs. CTSIX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
KSOAX
Kinetics Small Capital Opportunities Advisor Fund Class A
29.65%-8.89%68.00%-14.98%31.64%49.94%2.04%7.31%
CTSIX
Calamos Timpani Small Cap Growth Fund
-4.77%25.90%44.34%7.57%-37.30%9.12%63.38%1.20%

Returns By Period

In the year-to-date period, KSOAX achieves a 29.65% return, which is significantly higher than CTSIX's -4.77% return.


KSOAX

1D
-5.64%
1M
-8.67%
YTD
29.65%
6M
22.56%
1Y
7.86%
3Y*
25.48%
5Y*
15.73%
10Y*
20.86%

CTSIX

1D
-3.92%
1M
-9.84%
YTD
-4.77%
6M
-1.18%
1Y
36.02%
3Y*
20.88%
5Y*
2.96%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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KSOAX vs. CTSIX - Expense Ratio Comparison

KSOAX has a 1.89% expense ratio, which is higher than CTSIX's 1.05% expense ratio.


Return for Risk

KSOAX vs. CTSIX — Risk / Return Rank

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

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

CTSIX
CTSIX Risk / Return Rank: 7979
Overall Rank
CTSIX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
CTSIX Sortino Ratio Rank: 7474
Sortino Ratio Rank
CTSIX Omega Ratio Rank: 6363
Omega Ratio Rank
CTSIX Calmar Ratio Rank: 9292
Calmar Ratio Rank
CTSIX Martin Ratio Rank: 9191
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.

KSOAX vs. CTSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Small Capital Opportunities Advisor Fund Class A (KSOAX) and Calamos Timpani Small Cap Growth Fund (CTSIX). 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.


KSOAXCTSIXDifference

Sharpe ratio

Return per unit of total volatility

0.30

1.29

-0.99

Sortino ratio

Return per unit of downside risk

0.61

1.84

-1.22

Omega ratio

Gain probability vs. loss probability

1.08

1.24

-0.16

Calmar ratio

Return relative to maximum drawdown

0.27

2.78

-2.51

Martin ratio

Return relative to average drawdown

0.44

10.72

-10.28

KSOAX vs. CTSIX - Sharpe Ratio Comparison

The current KSOAX Sharpe Ratio is 0.30, which is lower than the CTSIX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of KSOAX and CTSIX, 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


KSOAXCTSIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.30

1.29

-0.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.11

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.39

+0.16

Correlation

The correlation between KSOAX and CTSIX is 0.52, 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

KSOAX vs. CTSIX - Dividend Comparison

Neither KSOAX nor CTSIX has paid dividends to shareholders.


TTM2025202420232022202120202019
KSOAX
Kinetics Small Capital Opportunities Advisor Fund Class A
0.00%0.00%3.52%6.72%0.00%1.41%0.00%0.00%
CTSIX
Calamos Timpani Small Cap Growth Fund
0.00%0.00%2.58%0.00%0.00%0.00%3.77%4.95%

Drawdowns

KSOAX vs. CTSIX - Drawdown Comparison

The maximum KSOAX drawdown since its inception was -70.21%, which is greater than CTSIX's maximum drawdown of -50.83%. Use the drawdown chart below to compare losses from any high point for KSOAX and CTSIX.


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Drawdown Indicators


KSOAXCTSIXDifference

Max Drawdown

Largest peak-to-trough decline

-70.21%

-50.83%

-19.38%

Max Drawdown (1Y)

Largest decline over 1 year

-24.40%

-12.38%

-12.02%

Max Drawdown (5Y)

Largest decline over 5 years

-33.28%

-50.60%

+17.32%

Max Drawdown (10Y)

Largest decline over 10 years

-47.11%

Current Drawdown

Current decline from peak

-11.30%

-12.38%

+1.08%

Average Drawdown

Average peak-to-trough decline

-15.88%

-21.13%

+5.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.90%

3.20%

+11.70%

Volatility

KSOAX vs. CTSIX - Volatility Comparison

The current volatility for Kinetics Small Capital Opportunities Advisor Fund Class A (KSOAX) is 7.94%, while Calamos Timpani Small Cap Growth Fund (CTSIX) has a volatility of 12.38%. This indicates that KSOAX experiences smaller price fluctuations and is considered to be less risky than CTSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


KSOAXCTSIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.94%

12.38%

-4.44%

Volatility (6M)

Calculated over the trailing 6-month period

19.48%

21.14%

-1.66%

Volatility (1Y)

Calculated over the trailing 1-year period

28.88%

29.23%

-0.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.75%

27.79%

-0.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.84%

29.69%

-3.85%