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SASMX vs. KSCOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SASMX vs. KSCOX - Performance Comparison

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

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SASMX vs. KSCOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SASMX
ClearBridge Small Cap Growth Fund
-5.57%9.52%12.95%8.64%-28.82%12.11%43.54%25.31%3.77%24.98%
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%

Returns By Period

In the year-to-date period, SASMX achieves a -5.57% return, which is significantly lower than KSCOX's 29.72% return. Over the past 10 years, SASMX has underperformed KSCOX with an annualized return of 10.53%, while KSCOX has yielded a comparatively higher 21.17% annualized return.


SASMX

1D
-1.99%
1M
-10.34%
YTD
-5.57%
6M
-7.76%
1Y
12.39%
3Y*
6.02%
5Y*
-0.59%
10Y*
10.53%

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

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SASMX vs. KSCOX - Expense Ratio Comparison

SASMX has a 1.16% expense ratio, which is lower than KSCOX's 1.64% expense ratio.


Return for Risk

SASMX vs. KSCOX — Risk / Return Rank

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

SASMX
SASMX Risk / Return Rank: 1818
Overall Rank
SASMX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
SASMX Sortino Ratio Rank: 1818
Sortino Ratio Rank
SASMX Omega Ratio Rank: 1717
Omega Ratio Rank
SASMX Calmar Ratio Rank: 2020
Calmar Ratio Rank
SASMX Martin Ratio Rank: 1919
Martin Ratio Rank

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
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.

SASMX vs. KSCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Small Cap Growth Fund (SASMX) and Kinetics Small Cap Opportunities Fund (KSCOX). 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.


SASMXKSCOXDifference

Sharpe ratio

Return per unit of total volatility

0.43

0.31

+0.12

Sortino ratio

Return per unit of downside risk

0.78

0.63

+0.15

Omega ratio

Gain probability vs. loss probability

1.10

1.08

+0.02

Calmar ratio

Return relative to maximum drawdown

0.60

0.28

+0.32

Martin ratio

Return relative to average drawdown

1.99

0.46

+1.54

SASMX vs. KSCOX - Sharpe Ratio Comparison

The current SASMX Sharpe Ratio is 0.43, which is higher than the KSCOX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of SASMX and KSCOX, 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


SASMXKSCOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.43

0.31

+0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.02

0.58

-0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

0.82

-0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.61

-0.21

Correlation

The correlation between SASMX and KSCOX is 0.65, 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

SASMX vs. KSCOX - Dividend Comparison

SASMX's dividend yield for the trailing twelve months is around 21.50%, more than KSCOX's 0.14% yield.


TTM20252024202320222021202020192018201720162015
SASMX
ClearBridge Small Cap Growth Fund
21.50%20.31%17.01%0.43%0.00%11.84%7.04%7.62%15.70%3.55%3.01%1.26%
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%

Drawdowns

SASMX vs. KSCOX - Drawdown Comparison

The maximum SASMX drawdown since its inception was -54.81%, smaller than the maximum KSCOX drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for SASMX and KSCOX.


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Drawdown Indicators


SASMXKSCOXDifference

Max Drawdown

Largest peak-to-trough decline

-54.81%

-70.09%

+15.28%

Max Drawdown (1Y)

Largest decline over 1 year

-13.92%

-24.29%

+10.37%

Max Drawdown (5Y)

Largest decline over 5 years

-42.19%

-33.10%

-9.09%

Max Drawdown (10Y)

Largest decline over 10 years

-42.19%

-47.09%

+4.90%

Current Drawdown

Current decline from peak

-16.62%

-11.01%

-5.61%

Average Drawdown

Average peak-to-trough decline

-14.15%

-14.89%

+0.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.16%

14.84%

-10.68%

Volatility

SASMX vs. KSCOX - Volatility Comparison

ClearBridge Small Cap Growth Fund (SASMX) and Kinetics Small Cap Opportunities Fund (KSCOX) have volatilities of 8.22% and 7.94%, 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


SASMXKSCOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.22%

7.94%

+0.28%

Volatility (6M)

Calculated over the trailing 6-month period

15.62%

19.48%

-3.86%

Volatility (1Y)

Calculated over the trailing 1-year period

24.94%

28.88%

-3.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.53%

27.74%

-3.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.77%

25.84%

-2.07%