Kinetics Paradigm Fund (WWNPX)
The fund is a non-diversified fund that invests all of its investable assets in the Paradigm Portfolio, a series of Kinetics Portfolios Trust. The Paradigm Portfolio invests at least 65% of its net assets in common stocks, ETFs, convertible securities, warrants, and other equity securities having the characteristics of common stocks (such as American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs") and International Depositary Receipts ("IDRs")) of U.S. and foreign companies that the Investment Adviser believes are undervalued. The fund is non-diversified.
Fund Info
US4946136078
494613607
Dec 31, 1999
$2,500
Mid-Cap
Growth
Expense Ratio
WWNPX has a high expense ratio of 1.64%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Kinetics Paradigm Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Kinetics Paradigm Fund had a return of 21.15% year-to-date (YTD) and 130.19% in the last 12 months. Over the past 10 years, Kinetics Paradigm Fund had an annualized return of 17.31%, outperforming the S&P 500 benchmark which had an annualized return of 11.46%.
WWNPX
21.15%
16.97%
55.57%
130.19%
24.42%
17.31%
^GSPC (Benchmark)
1.96%
2.21%
8.93%
23.90%
12.52%
11.46%
Monthly Returns
The table below presents the monthly returns of WWNPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.80% | 9.35% | 8.06% | -3.85% | 6.62% | 9.79% | 14.79% | 1.28% | 3.04% | 23.97% | 31.58% | -26.73% | 83.19% |
| 2023 | -7.62% | -8.70% | -2.09% | -8.25% | -8.86% | 4.29% | 8.51% | 13.75% | -2.97% | 1.20% | -3.74% | -6.30% | -21.29% |
| 2022 | -10.92% | 6.82% | 8.03% | -3.21% | 5.51% | -7.14% | 16.78% | -1.65% | -5.08% | 20.63% | 9.47% | -9.78% | 26.63% |
| 2021 | 5.43% | 18.96% | 23.11% | -0.98% | -5.29% | 5.26% | -2.53% | -3.79% | -7.79% | 8.28% | -4.37% | -0.40% | 35.90% |
| 2020 | -0.09% | -6.38% | -27.54% | 20.29% | 2.27% | -1.24% | -0.84% | 1.45% | -7.62% | 0.05% | 21.09% | 9.45% | 1.47% |
| 2019 | 15.73% | 3.64% | 1.72% | 3.53% | -4.29% | 6.65% | 1.86% | -7.98% | -0.62% | -3.59% | 5.71% | 5.57% | 29.20% |
| 2018 | 5.98% | -2.13% | -3.17% | 3.30% | 9.10% | 0.05% | 3.53% | 4.18% | 0.31% | -7.72% | -9.39% | -16.53% | -14.49% |
| 2017 | 2.60% | -0.13% | -1.04% | 3.59% | 0.56% | 1.21% | 5.34% | 6.51% | -0.71% | 0.65% | 1.91% | 5.11% | 28.41% |
| 2016 | -7.91% | 2.26% | 5.95% | 2.37% | 1.88% | 0.43% | 2.39% | -0.15% | 5.93% | 0.48% | 5.49% | 0.40% | 20.45% |
| 2015 | -1.73% | 7.38% | 0.11% | -0.44% | 1.06% | -2.87% | -3.10% | -6.57% | -2.83% | 6.56% | 0.03% | -5.30% | -8.33% |
| 2014 | -2.68% | 6.01% | -1.86% | -1.90% | 3.31% | 1.99% | -2.92% | 4.30% | -3.43% | -0.23% | 2.14% | -4.86% | -0.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, WWNPX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Kinetics Paradigm Fund provided a 0.06% dividend yield over the last twelve months, with an annual payout of $0.09 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.09 | $0.09 | $0.00 | $0.00 | $0.00 | $0.18 | $0.01 |
Dividend yield | 0.06% | 0.07% | 0.00% | 0.00% | 0.00% | 0.32% | 0.01% |
Monthly Dividends
The table displays the monthly dividend distributions for Kinetics Paradigm Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2019 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Kinetics Paradigm Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Kinetics Paradigm Fund was 68.12%, occurring on Mar 9, 2009. Recovery took 1160 trading sessions.
The current Kinetics Paradigm Fund drawdown is 16.35%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.12% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1160 | Oct 16, 2013 | 1498 |
| -47.42% | Aug 28, 2018 | 394 | Mar 23, 2020 | 204 | Jan 12, 2021 | 598 |
| -39.34% | Nov 16, 2022 | 134 | May 31, 2023 | 293 | Jul 31, 2024 | 427 |
| -30.96% | Nov 25, 2024 | 25 | Dec 31, 2024 | — | — | — |
| -30.41% | May 10, 2021 | 183 | Jan 27, 2022 | 186 | Oct 24, 2022 | 369 |
Volatility
Volatility Chart
The current Kinetics Paradigm Fund volatility is 12.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.