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OKMUX vs. KSMUX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

OKMUX vs. KSMUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oklahoma Municipal Fund (OKMUX) and Kansas Municipal Fund (KSMUX). The values are adjusted to include any dividend payments, if applicable.

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OKMUX vs. KSMUX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
OKMUX
Oklahoma Municipal Fund
-0.81%4.78%-0.51%4.94%-10.69%0.90%3.74%6.00%0.53%3.93%
KSMUX
Kansas Municipal Fund
-0.42%3.35%-1.06%4.53%-9.55%0.19%4.69%5.59%0.79%3.65%

Returns By Period

In the year-to-date period, OKMUX achieves a -0.81% return, which is significantly lower than KSMUX's -0.42% return. Over the past 10 years, OKMUX has outperformed KSMUX with an annualized return of 1.01%, while KSMUX has yielded a comparatively lower 0.95% annualized return.


OKMUX

1D
0.19%
1M
-2.70%
YTD
-0.81%
6M
1.45%
1Y
4.42%
3Y*
1.94%
5Y*
-0.18%
10Y*
1.01%

KSMUX

1D
0.21%
1M
-2.47%
YTD
-0.42%
6M
1.57%
1Y
3.99%
3Y*
1.36%
5Y*
-0.46%
10Y*
0.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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OKMUX vs. KSMUX - Expense Ratio Comparison

Both OKMUX and KSMUX have an expense ratio of 0.98%.


Return for Risk

OKMUX vs. KSMUX — Risk / Return Rank

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

OKMUX
OKMUX Risk / Return Rank: 4141
Overall Rank
OKMUX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
OKMUX Sortino Ratio Rank: 3333
Sortino Ratio Rank
OKMUX Omega Ratio Rank: 8080
Omega Ratio Rank
OKMUX Calmar Ratio Rank: 2929
Calmar Ratio Rank
OKMUX Martin Ratio Rank: 2929
Martin Ratio Rank

KSMUX
KSMUX Risk / Return Rank: 3838
Overall Rank
KSMUX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
KSMUX Sortino Ratio Rank: 3030
Sortino Ratio Rank
KSMUX Omega Ratio Rank: 7474
Omega Ratio Rank
KSMUX Calmar Ratio Rank: 2727
Calmar Ratio Rank
KSMUX Martin Ratio Rank: 2626
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.

OKMUX vs. KSMUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oklahoma Municipal Fund (OKMUX) and Kansas Municipal Fund (KSMUX). 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.


OKMUXKSMUXDifference

Sharpe ratio

Return per unit of total volatility

0.80

0.76

+0.04

Sortino ratio

Return per unit of downside risk

1.15

1.10

+0.05

Omega ratio

Gain probability vs. loss probability

1.31

1.28

+0.03

Calmar ratio

Return relative to maximum drawdown

0.84

0.80

+0.03

Martin ratio

Return relative to average drawdown

3.16

2.77

+0.38

OKMUX vs. KSMUX - Sharpe Ratio Comparison

The current OKMUX Sharpe Ratio is 0.80, which is comparable to the KSMUX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of OKMUX and KSMUX, 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


OKMUXKSMUXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.80

0.76

+0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.04

-0.11

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.24

0.24

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.60

+0.01

Correlation

The correlation between OKMUX and KSMUX is 0.82, 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

OKMUX vs. KSMUX - Dividend Comparison

OKMUX's dividend yield for the trailing twelve months is around 2.96%, which matches KSMUX's 2.94% yield.


TTM20252024202320222021202020192018201720162015
OKMUX
Oklahoma Municipal Fund
2.96%3.18%3.01%2.32%1.85%1.39%1.73%2.55%2.41%2.47%2.43%2.22%
KSMUX
Kansas Municipal Fund
2.94%3.13%2.76%2.33%2.00%1.64%1.83%2.70%2.75%2.93%2.88%2.57%

Drawdowns

OKMUX vs. KSMUX - Drawdown Comparison

The maximum OKMUX drawdown since its inception was -16.68%, which is greater than KSMUX's maximum drawdown of -14.61%. Use the drawdown chart below to compare losses from any high point for OKMUX and KSMUX.


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Drawdown Indicators


OKMUXKSMUXDifference

Max Drawdown

Largest peak-to-trough decline

-16.68%

-14.61%

-2.07%

Max Drawdown (1Y)

Largest decline over 1 year

-6.10%

-5.86%

-0.24%

Max Drawdown (5Y)

Largest decline over 5 years

-15.39%

-13.96%

-1.43%

Max Drawdown (10Y)

Largest decline over 10 years

-15.39%

-13.96%

-1.43%

Current Drawdown

Current decline from peak

-3.48%

-4.08%

+0.60%

Average Drawdown

Average peak-to-trough decline

-2.53%

-2.98%

+0.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.62%

1.70%

-0.08%

Volatility

OKMUX vs. KSMUX - Volatility Comparison

Oklahoma Municipal Fund (OKMUX) and Kansas Municipal Fund (KSMUX) have volatilities of 1.01% and 1.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


OKMUXKSMUXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.01%

1.00%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

1.64%

1.71%

-0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

6.30%

6.07%

+0.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.46%

4.20%

+0.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.13%

3.95%

+0.18%