KMKNX vs. RIPIX
Compare and contrast key facts about Kinetics Market Opportunities Fund No Load Class (KMKNX) and Royce International Premier Fund Institutional Class (RIPIX).
KMKNX is an actively managed fund by Kinetics. It was launched on Jan 31, 2006. RIPIX is managed by Royce Investment Partners.
Performance
KMKNX vs. RIPIX - Performance Comparison
Loading graphics...
KMKNX vs. RIPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KMKNX Kinetics Market Opportunities Fund No Load Class | 20.82% | -3.09% | 84.05% | -7.34% | 14.98% | 28.03% | 19.56% | 22.76% | -15.18% |
RIPIX Royce International Premier Fund Institutional Class | -9.90% | 9.89% | -7.04% | 8.14% | -26.99% | 6.22% | 16.11% | 34.69% | -12.52% |
Returns By Period
In the year-to-date period, KMKNX achieves a 20.82% return, which is significantly higher than RIPIX's -9.90% return.
KMKNX
- 1D
- -4.58%
- 1M
- -7.37%
- YTD
- 20.82%
- 6M
- 11.56%
- 1Y
- 6.42%
- 3Y*
- 31.78%
- 5Y*
- 15.03%
- 10Y*
- 20.93%
RIPIX
- 1D
- -0.44%
- 1M
- -10.68%
- YTD
- -9.90%
- 6M
- -12.89%
- 1Y
- -0.99%
- 3Y*
- -2.49%
- 5Y*
- -4.59%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KMKNX vs. RIPIX - Expense Ratio Comparison
KMKNX has a 1.40% expense ratio, which is higher than RIPIX's 1.04% expense ratio.
Return for Risk
KMKNX vs. RIPIX — Risk / Return Rank
KMKNX
RIPIX
KMKNX vs. RIPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics Market Opportunities Fund No Load Class (KMKNX) and Royce International Premier Fund Institutional Class (RIPIX). 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.
| KMKNX | RIPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.28 | -0.14 | +0.42 |
Sortino ratioReturn per unit of downside risk | 0.56 | -0.09 | +0.65 |
Omega ratioGain probability vs. loss probability | 1.07 | 0.99 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.26 | -0.19 | +0.45 |
Martin ratioReturn relative to average drawdown | 0.48 | -0.51 | +0.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KMKNX | RIPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | -0.14 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | -0.30 | +0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.04 | +0.53 |
Correlation
The correlation between KMKNX and RIPIX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
KMKNX vs. RIPIX - Dividend Comparison
KMKNX's dividend yield for the trailing twelve months is around 0.55%, less than RIPIX's 1.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KMKNX Kinetics Market Opportunities Fund No Load Class | 0.55% | 0.66% | 0.81% | 0.87% | 1.36% | 1.56% | 0.26% | 0.33% | 9.13% | 0.64% |
RIPIX Royce International Premier Fund Institutional Class | 1.62% | 1.46% | 5.66% | 3.09% | 3.87% | 5.02% | 0.36% | 0.58% | 0.54% | 0.00% |
Drawdowns
KMKNX vs. RIPIX - Drawdown Comparison
The maximum KMKNX drawdown since its inception was -65.47%, which is greater than RIPIX's maximum drawdown of -41.89%. Use the drawdown chart below to compare losses from any high point for KMKNX and RIPIX.
Loading graphics...
Drawdown Indicators
| KMKNX | RIPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.47% | -41.89% | -23.58% |
Max Drawdown (1Y)Largest decline over 1 year | -19.52% | -16.38% | -3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -31.47% | -41.89% | +10.42% |
Max Drawdown (10Y)Largest decline over 10 years | -31.47% | — | — |
Current DrawdownCurrent decline from peak | -11.40% | -33.58% | +22.18% |
Average DrawdownAverage peak-to-trough decline | -15.30% | -17.83% | +2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.57% | 6.03% | +4.54% |
Volatility
KMKNX vs. RIPIX - Volatility Comparison
Kinetics Market Opportunities Fund No Load Class (KMKNX) has a higher volatility of 7.15% compared to Royce International Premier Fund Institutional Class (RIPIX) at 5.45%. This indicates that KMKNX's price experiences larger fluctuations and is considered to be riskier than RIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KMKNX | RIPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.15% | 5.45% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 17.83% | 9.22% | +8.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.62% | 13.61% | +11.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.44% | 15.26% | +11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.39% | 16.14% | +7.25% |