QIBGX vs. WWWEX
QIBGX (Federated Hermes MDT Balanced Fund) and WWWEX (Kinetics The Global Fund) are both Diversified Portfolio funds. Over the past 10 years, QIBGX returned 10.95%/yr vs 15.16%/yr for WWWEX. Their 0.55 correlation means they have sometimes moved together and sometimes differently. QIBGX charges 1.06%/yr vs 1.39%/yr for WWWEX.
Performance
QIBGX vs. WWWEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QIBGX achieves a 5.62% return, which is significantly higher than WWWEX's 4.79% return. Over the past 10 years, QIBGX has underperformed WWWEX with an annualized return of 10.95%, while WWWEX has yielded a comparatively higher 15.16% annualized return.
QIBGX
- 1D
- 1.02%
- 1M
- 0.17%
- 6M
- 5.01%
- YTD
- 5.62%
- 1Y
- 11.73%
- 3Y*
- 17.53%
- 5Y*
- 10.03%
- 10Y*
- 10.95%
- ALL TIME*
- 8.55%
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 |
QIBGX vs. WWWEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QIBGX Federated Hermes MDT Balanced Fund | 5.62% | 14.68% | 28.30% | 14.26% | -13.54% | 17.43% | 16.17% | 19.00% | -2.96% | 14.12% |
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 QIBGX and WWWEX is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2003 | 0.55 |
Over the past year, the correlation between QIBGX and WWWEX has dropped to 0.20 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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
QIBGX vs. WWWEX — Risk / Return Rank
QIBGX
WWWEX
QIBGX vs. WWWEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Balanced Fund (QIBGX) 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.
| QIBGX | WWWEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.00 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | -0.07 | +1.08 |
| Martin ratioReturn relative to average drawdown | 2.59 | -0.15 | +2.74 |
Loading charts...
Drawdowns
QIBGX vs. WWWEX - Drawdown Comparison
The maximum QIBGX drawdown since its inception was -42.95%, smaller than the maximum WWWEX drawdown of -82.60%. Use the drawdown chart below to compare losses from any high point for QIBGX and WWWEX.
Loading charts...
Drawdown Indicators
| QIBGX | WWWEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.95% | -82.60% | +39.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -13.86% | +2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -17.66% | -0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -19.32% | -26.62% | +7.30% |
Max Drawdown (10Y)Largest decline over 10 years | -25.97% | -36.00% | +10.03% |
Current DrawdownCurrent decline from peak | -1.34% | -9.61% | +8.27% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -41.12% | +35.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.31% | 6.63% | -2.32% |
Volatility
QIBGX vs. WWWEX - Volatility Comparison
The current volatility for Federated Hermes MDT Balanced Fund (QIBGX) is 2.30%, while Kinetics The Global Fund (WWWEX) has a volatility of 3.67%. This indicates that QIBGX 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
| QIBGX | WWWEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 3.67% | -1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 7.26% | 13.30% | -6.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.07% | 17.34% | -3.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 19.41% | -3.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.21% | 19.24% | -5.03% |
QIBGX vs. WWWEX - Expense Ratio Comparison
QIBGX has a 1.06% expense ratio, which is lower than WWWEX's 1.39% expense ratio.
Dividends
QIBGX vs. WWWEX - Dividend Comparison
QIBGX's dividend yield for the trailing twelve months is around 8.39%, more than WWWEX's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QIBGX Federated Hermes MDT Balanced Fund | 8.39% | 8.86% | 20.13% | 1.82% | 6.92% | 9.99% | 4.36% | 4.33% | 10.60% | 1.59% | 1.86% | 1.75% |
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
QIBGX and WWWEX have a correlation of 0.20, 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 QIBGX (2.30%). In terms of maximum drawdown, QIBGX dropped -42.95% vs WWWEX's -82.60%.
QIBGX currently has the higher Sharpe Ratio (0.80 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 QIBGX 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