CHCLX vs. WWNPX
CHCLX (AB Discovery Growth Fund) and WWNPX (Kinetics Paradigm Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, CHCLX returned 14.01%/yr vs 18.11%/yr for WWNPX. A 0.65 correlation means they provide meaningful diversification when combined. CHCLX charges 0.91%/yr vs 1.64%/yr for WWNPX.
Performance
CHCLX vs. WWNPX - Performance Comparison
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Returns By Period
In the year-to-date period, CHCLX achieves a 17.32% return, which is significantly higher than WWNPX's 15.12% return. Over the past 10 years, CHCLX has underperformed WWNPX with an annualized return of 14.01%, while WWNPX has yielded a comparatively higher 18.11% annualized return.
CHCLX
- 1D
- -0.15%
- 1M
- 0.92%
- YTD
- 17.32%
- 6M
- 14.17%
- 1Y
- 28.87%
- 3Y*
- 16.70%
- 5Y*
- 3.22%
- 10Y*
- 14.01%
WWNPX
- 1D
- 0.67%
- 1M
- -8.97%
- YTD
- 15.12%
- 6M
- 12.35%
- 1Y
- -0.67%
- 3Y*
- 29.92%
- 5Y*
- 12.64%
- 10Y*
- 18.11%
CHCLX vs. WWNPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHCLX AB Discovery Growth Fund | 17.32% | 6.67% | 17.37% | 18.72% | -36.11% | 11.63% | 52.90% | 39.99% | -4.56% | 32.58% |
WWNPX Kinetics Paradigm Fund | 15.12% | -14.61% | 88.34% | -16.97% | 29.18% | 38.14% | 3.38% | 30.47% | -5.24% | 28.41% |
Correlation
The correlation between CHCLX and WWNPX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1999 | 0.65 |
Over the past year, the correlation between CHCLX and WWNPX has dropped to 0.37 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.
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Return for Risk
CHCLX vs. WWNPX — Risk / Return Rank
CHCLX
WWNPX
CHCLX vs. WWNPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Discovery Growth Fund (CHCLX) and Kinetics Paradigm Fund (WWNPX). 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.
| CHCLX | WWNPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.02 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | -0.08 | +1.87 |
| Martin ratioReturn relative to average drawdown | 6.62 | -0.19 | +6.81 |
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Drawdowns
CHCLX vs. WWNPX - Drawdown Comparison
The maximum CHCLX drawdown since its inception was -63.85%, smaller than the maximum WWNPX drawdown of -67.87%. Use the drawdown chart below to compare losses from any high point for CHCLX and WWNPX.
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Drawdown Indicators
| CHCLX | WWNPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.85% | -67.87% | +4.02% |
Max Drawdown (1Y)Largest decline over 1 year | -15.70% | -27.71% | +12.01% |
Max Drawdown (3Y)Largest decline over 3 years | -30.36% | -41.13% | +10.77% |
Max Drawdown (5Y)Largest decline over 5 years | -44.63% | -41.13% | -3.50% |
Max Drawdown (10Y)Largest decline over 10 years | -44.63% | -43.51% | -1.12% |
Current DrawdownCurrent decline from peak | -2.51% | -30.22% | +27.71% |
Average DrawdownAverage peak-to-trough decline | -14.17% | -13.93% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.24% | 11.99% | -7.75% |
Volatility
CHCLX vs. WWNPX - Volatility Comparison
The current volatility for AB Discovery Growth Fund (CHCLX) is 8.55%, while Kinetics Paradigm Fund (WWNPX) has a volatility of 9.90%. This indicates that CHCLX experiences smaller price fluctuations and is considered to be less risky than WWNPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHCLX | WWNPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.55% | 9.90% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 19.10% | 26.89% | -7.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.66% | 33.65% | -9.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.95% | 33.01% | -7.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.03% | 28.70% | -3.67% |
CHCLX vs. WWNPX - Expense Ratio Comparison
CHCLX has a 0.91% expense ratio, which is lower than WWNPX's 1.64% expense ratio.
Dividends
CHCLX vs. WWNPX - Dividend Comparison
CHCLX's dividend yield for the trailing twelve months is around 9.89%, more than WWNPX's 7.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHCLX AB Discovery Growth Fund | 9.89% | 11.60% | 0.00% | 0.00% | 0.00% | 17.54% | 15.15% | 13.36% | 20.33% | 6.74% | 0.00% | 6.08% |
WWNPX Kinetics Paradigm Fund | 7.13% | 8.21% | 2.95% | 5.65% | 2.00% | 1.67% | 2.15% | 1.00% | 10.44% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CHCLX and WWNPX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WWNPX has higher volatility (9.90%) compared to CHCLX (8.55%). In terms of maximum drawdown, CHCLX dropped -63.85% vs WWNPX's -67.87%.
CHCLX currently has the higher Sharpe Ratio (1.19 vs -0.07), 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.
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