- ISIN
- US4946138058
- CUSIP
- 494613805
- Issuer
- Kinetics
- Inception Date
- Dec 30, 1999
- Category
- Diversified Portfolio
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
WWWEX Performance Chart
Kinetics The Global Fund (WWWEX) is up 5.0% since the beginning of the year. WWWEX is currently trading at $17 per share. Investors who bought $1,000 worth of WWWEX shares 5 years ago would now be looking at an investment worth $1,903.
Loading charts...
Returns By Period
Kinetics The Global Fund (WWWEX) has returned 4.98% so far this year and 1.91% over the past 12 months.
Kinetics The Global Fund
- 1D
- -0.18%
- 1M
- -4.96%
- YTD
- 4.98%
- 6M
- 4.43%
- 1Y
- 1.91%
- 3Y*
- 30.76%
- 5Y*
- 13.73%
- 10Y*
- 15.46%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WWWEX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1999, WWWEX's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 56% of months were positive and 44% were negative. The best month was Dec 2008 with a return of +37.0%, while the worst month was Apr 2000 at -29.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.
On a daily basis, WWWEX closed higher 48% of trading days. The best single day was Dec 30, 2008 with a return of +26.8%, while the worst single day was Apr 3, 2000 at -11.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.73% | 7.60% | -6.19% | 3.15% | -2.38% | -2.32% | 4.98% | ||||||
| 2025 | 6.18% | -1.53% | -1.91% | 2.86% | 0.83% | 1.06% | 0.70% | -0.40% | 1.51% | -1.03% | -4.73% | -0.29% | 2.89% |
| 2024 | 0.43% | 17.39% | 9.21% | -7.78% | 8.43% | -0.33% | 10.12% | -2.19% | 3.16% | 10.60% | 22.15% | -10.64% | 72.15% |
| 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% |
Benchmark Metrics
Kinetics The Global Fund has an annualized alpha of -15.13%, beta of 0.78, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since January 03, 2000.
- This fund captured 1.50% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -12.11%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.30 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -15.13%
- Beta
- 0.78
- R²
- 0.30
- Upside Capture
- 1.50%
- Downside Capture
- -12.11%
Expense Ratio
WWWEX has a high expense ratio of 1.39%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WWWEX ranks 3 for risk / return — in the bottom 3% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and compare them to S&P 500 Index.
| WWWEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.03 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | — | — |
| Martin ratioReturn relative to average drawdown | 0.24 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Kinetics The Global Fund provided a 2.46% dividend yield over the last twelve months, with an annual payout of $0.41 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.41 | $0.16 | $0.23 | $0.13 | $0.33 | $0.00 | $0.00 | $0.00 | $0.65 | $0.02 | $0.00 |
Dividend yield | 2.46% | 2.58% | 0.98% | 2.50% | 1.47% | 3.50% | 0.00% | 0.00% | 0.08% | 9.04% | 0.40% | 0.06% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 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 |
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.
Loading charts...
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 2302 trading sessions.
The current Kinetics The Global Fund drawdown is 9.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -82.60%Oct 2008 | 8y 7mo | 9y 1mo | 17y 9moMar 2000 - Dec 2017 |
Rate-hike selloffLate 2018 | -36.00%Dec 2018 | 1y 2d | 2y 10d | 3y 12dDec 2017 - Dec 2020 |
Bear market2022 | -26.94%Sep 2022 | 1y 5mo | 1y 5mo | 2y 10moApr 2021 - Feb 2024 |
2025 selloff2025 | -17.66%Apr 2025 | 4mo 14d | 10mo 18d | 1y 2moNov 2024 - Feb 2026 |
2021 correction2021 | -10.70%Jan 2021 | 19d | 12d | 1mo 1dJan 2021 - Feb 2021 |
Drawdown Indicators
| WWWEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.60% | -9.10% | -73.50% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.00% | — | — |
Current DrawdownCurrent decline from peak | -9.45% | -2.97% | -6.48% |
Average DrawdownAverage peak-to-trough decline | -41.30% | -1.13% | -40.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with WWWEX
Add Kinetics The Global Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with WWWEX