TSCGX vs. CTSIX

Last updated Apr 1, 2026

Compare and contrast key facts about Thrivent Small Cap Growth Fund (TSCGX) and Calamos Timpani Small Cap Growth Fund (CTSIX).

TSCGX is managed by Thrivent. It was launched on Feb 28, 2018. CTSIX is managed by Calamos. It was launched on Mar 23, 2011.

Performance

TSCGX vs. CTSIX - Performance Comparison

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

TSCGX vs. CTSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TSCGX Thrivent Small Cap Growth Fund	-4.40%	1.84%	10.83%	9.90%	-22.54%	11.30%	55.07%	6.32%
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, TSCGX achieves a -4.40% return, which is significantly higher than CTSIX's -4.77% return.

TSCGX

• 1D: -1.73%
• 1M: -9.85%
• YTD: -4.40%
• 6M: -4.43%
• 1Y: 9.10%
• 3Y*: 4.05%
• 5Y*: -0.24%
• 10Y*: —

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)

TSCGX vs. CTSIX - Expense Ratio Comparison

TSCGX has a 1.21% expense ratio, which is higher than CTSIX's 1.05% expense ratio.

TSCGX

Thrivent Small Cap Growth Fund

CTSIX

Calamos Timpani Small Cap Growth Fund

Return for Risk

TSCGX vs. CTSIX — Risk / Return Rank

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

TSCGX

TSCGX Risk / Return Rank: 15
TSCGX Sharpe Ratio Rank: 14
TSCGX Sortino Ratio Rank: 16
TSCGX Omega Ratio Rank: 14
TSCGX Calmar Ratio Rank: 16
TSCGX Martin Ratio Rank: 17

CTSIX

CTSIX Risk / Return Rank: 79
CTSIX Sharpe Ratio Rank: 73
CTSIX Sortino Ratio Rank: 74
CTSIX Omega Ratio Rank: 63
CTSIX Calmar Ratio Rank: 92
CTSIX Martin Ratio Rank: 91

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.

TSCGX vs. CTSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Small Cap Growth Fund (TSCGX) 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.

	TSCGX	CTSIX	Difference
Sharpe ratio Return per unit of total volatility	0.39	1.29	-0.90
Sortino ratio Return per unit of downside risk	0.71	1.84	-1.12
Omega ratio Gain probability vs. loss probability	1.09	1.24	-0.15
Calmar ratio Return relative to maximum drawdown	0.47	2.78	-2.31
Martin ratio Return relative to average drawdown	1.68	10.72	-9.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSCGX vs. CTSIX - Sharpe Ratio Comparison

The current TSCGX Sharpe Ratio is 0.39, which is lower than the CTSIX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of TSCGX 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.

Sharpe Ratios by Period

	TSCGX	CTSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	1.29	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.11	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.39	-0.07

Correlation

The correlation between TSCGX and CTSIX is 0.90, 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

TSCGX vs. CTSIX - Dividend Comparison

TSCGX's dividend yield for the trailing twelve months is around 0.91%, while CTSIX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
TSCGX Thrivent Small Cap Growth Fund	0.91%	0.87%	0.00%	0.00%	0.00%	2.39%	2.20%	0.50%	2.27%
CTSIX Calamos Timpani Small Cap Growth Fund	0.00%	0.00%	2.58%	0.00%	0.00%	0.00%	3.77%	4.95%	0.00%

Drawdowns

TSCGX vs. CTSIX - Drawdown Comparison

The maximum TSCGX drawdown since its inception was -38.84%, smaller than the maximum CTSIX drawdown of -50.83%. Use the drawdown chart below to compare losses from any high point for TSCGX and CTSIX.

Drawdown Indicators

	TSCGX	CTSIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.84%	-50.83%	+11.99%
Max Drawdown (1Y) Largest decline over 1 year	-13.48%	-12.38%	-1.10%
Max Drawdown (5Y) Largest decline over 5 years	-38.84%	-50.60%	+11.76%
Current Drawdown Current decline from peak	-15.75%	-12.38%	-3.37%
Average Drawdown Average peak-to-trough decline	-13.28%	-21.13%	+7.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	3.20%	+0.55%

Volatility

TSCGX vs. CTSIX - Volatility Comparison

The current volatility for Thrivent Small Cap Growth Fund (TSCGX) is 7.62%, while Calamos Timpani Small Cap Growth Fund (CTSIX) has a volatility of 12.38%. This indicates that TSCGX 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.

Volatility by Period

	TSCGX	CTSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.62%	12.38%	-4.76%
Volatility (6M) Calculated over the trailing 6-month period	14.06%	21.14%	-7.08%
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	29.23%	-6.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.69%	27.79%	-4.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.48%	29.69%	-5.21%