Kinetics The Global Fund (WWWEX)
The fund is a diversified fund that invests all of its investable assets in the Global Portfolio, a series of Kinetics Portfolios Trust. The Global Portfolio invests at least 65% of its net assets plus any borrowings for investment purposes in common stocks, ETFs, convertible securities, warrants and other equity securities having the characteristics of common stocks of foreign and U.S. companies listed on publicly traded exchanges.
Fund Info
| ISIN | US4946138058 |
|---|---|
| CUSIP | 494613805 |
| Issuer | Kinetics |
| Inception Date | Dec 30, 1999 |
| Category | Diversified Portfolio |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
WWWEX has a high expense ratio of 1.39%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: WWWEX vs. GQRPX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Kinetics The Global 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 The Global Fund had a return of 37.06% year-to-date (YTD) and 52.04% in the last 12 months. Over the past 10 years, Kinetics The Global Fund had an annualized return of 9.76%, while the S&P 500 had an annualized return of 10.88%, indicating that Kinetics The Global Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 37.06% | 18.13% |
| 1 month | 0.86% | 1.45% |
| 6 months | 10.66% | 8.81% |
| 1 year | 52.04% | 26.52% |
| 5 years (annualized) | 15.77% | 13.43% |
| 10 years (annualized) | 9.76% | 10.88% |
Monthly Returns
The table below presents the monthly returns of WWWEX, 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 | 0.43% | 17.39% | 9.21% | -7.78% | 8.43% | -0.33% | 10.12% | -2.19% | 37.06% | ||||
| 2023 | -0.23% | -3.15% | 1.81% | -2.48% | -3.64% | 3.90% | 2.91% | 2.82% | -1.14% | 5.79% | 1.64% | 3.53% | 11.83% |
| 2022 | -7.93% | 4.07% | 4.14% | -4.73% | -1.58% | -7.56% | 7.93% | -2.76% | -3.78% | 7.73% | 1.71% | -2.26% | -6.45% |
| 2021 | 2.29% | 11.90% | 13.37% | 0.28% | -9.63% | 1.13% | 1.72% | -0.20% | -5.09% | 12.93% | -4.10% | -6.29% | 16.29% |
| 2020 | 3.46% | -4.22% | -13.53% | 12.30% | 1.72% | -1.85% | 4.23% | 1.80% | -6.20% | 3.31% | 14.18% | 10.82% | 25.00% |
| 2019 | 8.61% | 2.70% | 0.33% | 3.60% | 3.00% | 7.21% | -1.00% | -4.48% | -1.66% | -0.62% | 0.46% | 2.31% | 21.61% |
| 2018 | -3.50% | 1.45% | -7.57% | 6.18% | 1.02% | -4.04% | 1.95% | 0.15% | -1.62% | -6.58% | -8.16% | -4.80% | -23.57% |
| 2017 | 2.10% | -0.56% | -0.57% | 2.08% | 6.31% | -0.52% | 3.16% | 13.94% | -4.33% | 1.87% | 9.80% | 8.64% | 48.93% |
| 2016 | -5.67% | 3.24% | 4.92% | 2.56% | -1.04% | 3.15% | 2.04% | -0.60% | 4.02% | -0.58% | 1.17% | 0.79% | 14.40% |
| 2015 | -3.00% | 8.90% | -1.42% | 1.80% | -0.35% | -2.67% | -4.20% | -4.76% | -5.40% | 4.02% | -2.03% | -4.72% | -13.84% |
| 2014 | -4.79% | 5.03% | -1.32% | -0.34% | 2.52% | 1.97% | -4.02% | 3.35% | -6.16% | -2.07% | 0.18% | -6.15% | -11.89% |
| 2013 | 6.79% | 0.40% | 0.79% | 3.93% | 1.13% | -3.74% | 4.66% | -2.23% | 7.40% | 4.59% | 2.20% | 0.11% | 28.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of WWWEX is 81, placing it in the top 19% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Kinetics The Global Fund granted a 1.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $0.13 | $0.33 | $0.00 | $0.00 | $0.00 | $0.65 | $0.02 | $0.00 | $0.00 | $0.01 |
Dividend yield | 1.82% | 2.50% | 1.47% | 3.50% | 0.00% | 0.00% | 0.08% | 9.04% | 0.40% | 0.06% | 0.01% | 0.11% |
Monthly Dividends
The table displays the monthly dividend distributions for Kinetics The Global 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2020 | $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 |
| 2019 | $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 |
| 2018 | $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 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2015 | $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 |
| 2014 | $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 |
| 2013 | $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 The Global 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 The Global Fund was 82.60%, occurring on Oct 27, 2008. Recovery took 2301 trading sessions.
The current Kinetics The Global Fund drawdown is 3.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -82.6% | Mar 13, 2000 | 2163 | Oct 27, 2008 | 2301 | Dec 18, 2017 | 4464 |
| -36% | Dec 19, 2017 | 254 | Dec 21, 2018 | 509 | Dec 30, 2020 | 763 |
| -26.94% | Apr 14, 2021 | 367 | Sep 26, 2022 | 356 | Feb 27, 2024 | 723 |
| -10.7% | Jan 8, 2021 | 13 | Jan 27, 2021 | 8 | Feb 8, 2021 | 21 |
| -10.25% | Apr 9, 2024 | 17 | May 1, 2024 | 13 | May 20, 2024 | 30 |
Volatility
Volatility Chart
The current Kinetics The Global Fund volatility is 5.43%, 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.