CAAMX vs. WWWEX
CAAMX (Invesco Select Risk: Moderately Conservative Investor Fund) and WWWEX (Kinetics The Global Fund) are both Diversified Portfolio funds. Over the past 10 years, CAAMX returned 4.70%/yr vs 15.16%/yr for WWWEX. Their 0.58 correlation means they have sometimes moved together and sometimes differently. CAAMX charges 0.44%/yr vs 1.39%/yr for WWWEX.
Performance
CAAMX vs. WWWEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CAAMX achieves a 5.72% return, which is significantly higher than WWWEX's 4.79% return. Over the past 10 years, CAAMX has underperformed WWWEX with an annualized return of 4.70%, while WWWEX has yielded a comparatively higher 15.16% annualized return.
CAAMX
- 1D
- 0.76%
- 1M
- -0.50%
- 6M
- 4.08%
- YTD
- 5.72%
- 1Y
- 11.82%
- 3Y*
- 8.63%
- 5Y*
- 2.87%
- 10Y*
- 4.70%
- ALL TIME*
- 4.50%
WWWEX
- 1D
- 1.26%
- 1M
- 1.02%
- 6M
- -0.88%
- YTD
- 4.79%
- 1Y
- 0.83%
- 3Y*
- 28.06%
- 5Y*
- 13.30%
- 10Y*
- 15.16%
- ALL TIME*
- 4.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CAAMX vs. WWWEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAAMX Invesco Select Risk: Moderately Conservative Investor Fund | 5.72% | 11.19% | 6.17% | 9.83% | -16.68% | 7.30% | 10.23% | 14.41% | -4.51% | 6.31% |
WWWEX Kinetics The Global Fund | 4.79% | 2.89% | 72.15% | 11.83% | -6.45% | 16.29% | 25.00% | 21.61% | -23.57% | 48.93% |
Correlation
The correlation between CAAMX and WWWEX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2005 | 0.58 |
The correlation between CAAMX and WWWEX has been stable across timeframes, ranging from 0.48 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CAAMX vs. WWWEX — Risk / Return Rank
CAAMX
WWWEX
CAAMX vs. WWWEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Select Risk: Moderately Conservative Investor Fund (CAAMX) and Kinetics The Global Fund (WWWEX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CAAMX | WWWEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.00 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | -0.07 | +2.48 |
| Martin ratioReturn relative to average drawdown | 9.44 | -0.15 | +9.59 |
Loading charts...
Drawdowns
CAAMX vs. WWWEX - Drawdown Comparison
The maximum CAAMX drawdown since its inception was -29.13%, smaller than the maximum WWWEX drawdown of -82.60%. Use the drawdown chart below to compare losses from any high point for CAAMX and WWWEX.
Loading charts...
Drawdown Indicators
| CAAMX | WWWEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.13% | -82.60% | +53.47% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -13.86% | +9.18% |
Max Drawdown (3Y)Largest decline over 3 years | -7.67% | -17.66% | +9.99% |
Max Drawdown (5Y)Largest decline over 5 years | -22.18% | -26.62% | +4.44% |
Max Drawdown (10Y)Largest decline over 10 years | -22.18% | -36.00% | +13.82% |
Current DrawdownCurrent decline from peak | -1.35% | -9.61% | +8.26% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -41.12% | +36.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 6.63% | -5.44% |
Volatility
CAAMX vs. WWWEX - Volatility Comparison
The current volatility for Invesco Select Risk: Moderately Conservative Investor Fund (CAAMX) is 1.84%, while Kinetics The Global Fund (WWWEX) has a volatility of 3.67%. This indicates that CAAMX experiences smaller price fluctuations and is considered to be less risky than WWWEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CAAMX | WWWEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.84% | 3.67% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | 13.30% | -7.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.18% | 17.34% | -10.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.93% | 19.41% | -11.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 19.24% | -11.63% |
CAAMX vs. WWWEX - Expense Ratio Comparison
CAAMX has a 0.44% expense ratio, which is lower than WWWEX's 1.39% expense ratio.
Dividends
CAAMX vs. WWWEX - Dividend Comparison
CAAMX's dividend yield for the trailing twelve months is around 2.88%, more than WWWEX's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAAMX Invesco Select Risk: Moderately Conservative Investor Fund | 2.88% | 2.90% | 2.44% | 1.73% | 4.57% | 5.03% | 7.84% | 6.43% | 4.05% | 1.71% | 2.46% | 2.77% |
WWWEX Kinetics The Global Fund | 2.46% | 2.58% | 0.98% | 2.50% | 1.47% | 3.50% | 0.00% | 0.00% | 0.08% | 9.04% | 0.40% | 0.06% |
Frequently Asked Questions
CAAMX and WWWEX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WWWEX has higher volatility (3.67%) compared to CAAMX (1.84%). In terms of maximum drawdown, CAAMX dropped -29.13% vs WWWEX's -82.60%.
CAAMX currently has the higher Sharpe Ratio (1.58 vs -0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CAAMX and WWWEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer