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Kinetics Paradigm Fund (WWNPX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

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.

Looking to diversify beyond WWNPX? The mutual funds below have the lowest correlation with WWNPX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from WWNPX.

Best Diversifiers for WWNPX

7 mutual funds have low correlation with WWNPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.20, down from 0.38 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FBGRX
Fidelity Blue Chip Growth Fund0.200.290.38
75
Large Cap Growth EquitiesWWNPX vs FBGRX
OEGAX
Invesco Discovery Mid Cap Growth Fund Class A0.240.370.44
56
Mid Cap Growth EquitiesWWNPX vs OEGAX
ETILX
Eventide Gilead Class I0.280.370.41
51
Mid Cap Growth EquitiesWWNPX vs ETILX
SWPPX
Schwab S&P 500 Index Fund0.290.370.45
74
Large Cap Blend Equities, S&P 500WWNPX vs SWPPX
FSGGX
Fidelity Global ex U.S. Index Fund0.300.360.43
59
Foreign Large Cap EquitiesWWNPX vs FSGGX
See all 18 diversifiers for WWNPX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from WWNPX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to WWNPX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.02, down from 0.22 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AAPL
Apple Inc0.020.090.22
90
Technology

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Diversification Analysis

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