MGPIX vs. WWNPX
MGPIX (ProFunds Mid Cap Growth Fund) and WWNPX (Kinetics Paradigm Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, MGPIX returned 6.91%/yr vs 18.39%/yr for WWNPX. A 0.70 correlation means they provide meaningful diversification when combined. MGPIX charges 1.69%/yr vs 1.64%/yr for WWNPX.
Performance
MGPIX vs. WWNPX - Performance Comparison
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Returns By Period
In the year-to-date period, MGPIX achieves a 17.07% return, which is significantly lower than WWNPX's 22.16% return. Over the past 10 years, MGPIX has underperformed WWNPX with an annualized return of 6.91%, while WWNPX has yielded a comparatively higher 18.39% annualized return.
MGPIX
- 1D
- -0.54%
- 1M
- -0.76%
- 6M
- 11.39%
- YTD
- 17.07%
- 1Y
- 22.58%
- 3Y*
- 13.47%
- 5Y*
- 1.54%
- 10Y*
- 6.91%
WWNPX
- 1D
- 1.26%
- 1M
- 3.48%
- 6M
- 13.93%
- YTD
- 22.16%
- 1Y
- 3.50%
- 3Y*
- 29.56%
- 5Y*
- 14.63%
- 10Y*
- 18.39%
MGPIX vs. WWNPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGPIX ProFunds Mid Cap Growth Fund | 17.07% | 5.56% | 13.77% | 15.40% | -20.47% | -6.46% | 20.28% | 24.09% | -12.06% | 18.08% |
WWNPX Kinetics Paradigm Fund | 22.16% | -14.61% | 88.34% | -16.97% | 29.18% | 38.14% | 3.38% | 30.47% | -5.24% | 28.41% |
Correlation
The correlation between MGPIX 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 | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2001 | 0.70 |
Over the past year, the correlation between MGPIX and WWNPX has dropped to 0.37 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.
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Return for Risk
MGPIX vs. WWNPX — Risk / Return Rank
MGPIX
WWNPX
MGPIX vs. WWNPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Mid Cap Growth Fund (MGPIX) 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.
| MGPIX | WWNPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.05 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 0.13 | +2.04 |
| Martin ratioReturn relative to average drawdown | 8.35 | 0.29 | +8.06 |
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Drawdowns
MGPIX vs. WWNPX - Drawdown Comparison
The maximum MGPIX drawdown since its inception was -54.61%, smaller than the maximum WWNPX drawdown of -67.87%. Use the drawdown chart below to compare losses from any high point for MGPIX and WWNPX.
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Drawdown Indicators
| MGPIX | WWNPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.61% | -67.87% | +13.26% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -27.71% | +17.79% |
Max Drawdown (3Y)Largest decline over 3 years | -25.86% | -41.13% | +15.27% |
Max Drawdown (5Y)Largest decline over 5 years | -43.84% | -41.13% | -2.71% |
Max Drawdown (10Y)Largest decline over 10 years | -43.84% | -43.51% | -0.33% |
Current DrawdownCurrent decline from peak | -2.94% | -25.96% | +23.02% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -13.95% | +2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 12.21% | -9.64% |
Volatility
MGPIX vs. WWNPX - Volatility Comparison
The current volatility for ProFunds Mid Cap Growth Fund (MGPIX) is 5.73%, while Kinetics Paradigm Fund (WWNPX) has a volatility of 9.28%. This indicates that MGPIX 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
| MGPIX | WWNPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | 9.28% | -3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 13.74% | 27.39% | -13.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.57% | 34.20% | -16.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.35% | 33.12% | -10.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.24% | 28.77% | -7.53% |
MGPIX vs. WWNPX - Expense Ratio Comparison
MGPIX has a 1.69% expense ratio, which is higher than WWNPX's 1.64% expense ratio.
Dividends
MGPIX vs. WWNPX - Dividend Comparison
MGPIX's dividend yield for the trailing twelve months is around 2.92%, less than WWNPX's 6.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
MGPIX ProFunds Mid Cap Growth Fund | 2.92% | 3.42% | 0.91% | 0.00% | 3.26% | 1.47% | 2.69% | 0.00% | 0.00% |
WWNPX Kinetics Paradigm Fund | 6.72% | 8.21% | 2.95% | 5.65% | 2.00% | 1.67% | 2.15% | 1.00% | 10.44% |
Frequently Asked Questions
MGPIX 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 (9.28%) compared to MGPIX (5.73%). In terms of maximum drawdown, MGPIX dropped -54.61% vs WWNPX's -67.87%.
MGPIX currently has the higher Sharpe Ratio (1.22 vs 0.10), 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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