KSOAX vs. LSHAX
Compare and contrast key facts about Kinetics Small Capital Opportunities Advisor Fund Class A (KSOAX) and Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX).
KSOAX is managed by Kinetics. It was launched on Dec 31, 2001. LSHAX is managed by Kinetics. It was launched on May 4, 2007.
Performance
KSOAX vs. LSHAX - Performance Comparison
Loading graphics...
KSOAX vs. LSHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KSOAX Kinetics Small Capital Opportunities Advisor Fund Class A | 29.65% | -8.89% | 68.00% | -14.98% | 31.64% | 49.94% | 2.04% | 26.72% | 0.00% | 25.94% |
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund | 50.22% | -19.53% | 82.16% | -19.74% | 39.45% | 42.75% | 5.23% | 31.30% | -8.18% | 15.65% |
Returns By Period
In the year-to-date period, KSOAX achieves a 29.65% return, which is significantly lower than LSHAX's 50.22% return. Over the past 10 years, KSOAX has outperformed LSHAX with an annualized return of 20.86%, while LSHAX has yielded a comparatively lower 19.52% annualized 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%
LSHAX
- 1D
- -7.12%
- 1M
- -9.27%
- YTD
- 50.22%
- 6M
- 41.09%
- 1Y
- 5.55%
- 3Y*
- 29.23%
- 5Y*
- 17.40%
- 10Y*
- 19.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KSOAX vs. LSHAX - Expense Ratio Comparison
KSOAX has a 1.89% expense ratio, which is higher than LSHAX's 1.68% expense ratio.
Return for Risk
KSOAX vs. LSHAX — Risk / Return Rank
KSOAX
LSHAX
KSOAX vs. LSHAX - 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 Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX). 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.
| KSOAX | LSHAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.30 | 0.17 | +0.13 |
Sortino ratioReturn per unit of downside risk | 0.61 | 0.53 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.07 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.27 | 0.12 | +0.14 |
Martin ratioReturn relative to average drawdown | 0.44 | 0.19 | +0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KSOAX | LSHAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | 0.17 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.52 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.65 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.35 | +0.21 |
Correlation
The correlation between KSOAX and LSHAX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
KSOAX vs. LSHAX - Dividend Comparison
KSOAX has not paid dividends to shareholders, while LSHAX's dividend yield for the trailing twelve months is around 7.71%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund | 7.71% | 11.59% | 4.66% | 9.40% | 1.76% | 0.11% | 0.53% | 0.00% | 4.85% | 3.94% | 1.84% |
Drawdowns
KSOAX vs. LSHAX - Drawdown Comparison
The maximum KSOAX drawdown since its inception was -70.21%, roughly equal to the maximum LSHAX drawdown of -69.03%. Use the drawdown chart below to compare losses from any high point for KSOAX and LSHAX.
Loading graphics...
Drawdown Indicators
| KSOAX | LSHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.21% | -69.03% | -1.18% |
Max Drawdown (1Y)Largest decline over 1 year | -24.40% | -37.04% | +12.64% |
Max Drawdown (5Y)Largest decline over 5 years | -33.28% | -45.79% | +12.51% |
Max Drawdown (10Y)Largest decline over 10 years | -47.11% | -50.78% | +3.67% |
Current DrawdownCurrent decline from peak | -11.30% | -15.53% | +4.23% |
Average DrawdownAverage peak-to-trough decline | -15.88% | -21.94% | +6.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.90% | 24.25% | -9.35% |
Volatility
KSOAX vs. LSHAX - Volatility Comparison
The current volatility for Kinetics Small Capital Opportunities Advisor Fund Class A (KSOAX) is 7.94%, while Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX) has a volatility of 9.76%. This indicates that KSOAX experiences smaller price fluctuations and is considered to be less risky than LSHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KSOAX | LSHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 9.76% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 19.48% | 27.25% | -7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.88% | 40.86% | -11.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.75% | 33.69% | -5.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.84% | 30.16% | -4.32% |