RLIIX vs. WWWEX

Last updated Aug 4, 2026

RLIIX (RiverFront Asset Allocation Growth & Income) and WWWEX (Kinetics The Global Fund) are both Diversified Portfolio funds. Over the past 10 years, RLIIX returned 6.98%/yr vs 15.19%/yr for WWWEX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. RLIIX charges 0.25%/yr vs 1.39%/yr for WWWEX.

Performance

RLIIX vs. WWWEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverFront Asset Allocation Growth & Income (RLIIX) and Kinetics The Global Fund (WWWEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RLIIX achieves a 8.16% return, which is significantly higher than WWWEX's 4.86% return. Over the past 10 years, RLIIX has underperformed WWWEX with an annualized return of 6.98%, while WWWEX has yielded a comparatively higher 15.19% annualized return.

RLIIX

• 1D: 0.06%
• 1M: 0.32%
• 6M: 4.97%
• YTD: 8.16%
• 1Y: 16.97%
• 3Y*: 11.58%
• 5Y*: 5.76%
• 10Y*: 6.98%
• ALL TIME*: 6.28%

WWWEX

• 1D: 0.06%
• 1M: 1.08%
• 6M: 1.32%
• YTD: 4.86%
• 1Y: 0.89%
• 3Y*: 28.29%
• 5Y*: 13.31%
• 10Y*: 15.19%
• ALL TIME*: 4.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RLIIX RiverFront Asset Allocation Growth & Income	$0.00	$0.00	$0.00
WWWEX Kinetics The Global Fund	$0.00	$0.00	$0.00

RLIIX vs. WWWEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RLIIX RiverFront Asset Allocation Growth & Income	8.16%	13.74%	8.77%	13.37%	-14.99%	13.57%	7.10%	18.51%	-11.07%	15.00%
WWWEX Kinetics The Global Fund	4.86%	2.89%	72.15%	11.83%	-6.45%	16.29%	25.00%	21.61%	-23.57%	48.93%

Correlation

The correlation between RLIIX and WWWEX is 0.57, 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.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (5Y) Shows whether the relationship held over a longer period.	0.56
Correlation (10Y) Provides a long-term view across more market conditions.	0.51
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.59

The correlation between RLIIX and WWWEX has been stable across timeframes, ranging from 0.51 to 0.59 - a consistent structural relationship.

Return for Risk

RLIIX vs. WWWEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RLIIX

RLIIX Risk / Return Rank: 75
RLIIX Sharpe Ratio Rank: 74
RLIIX Sortino Ratio Rank: 72
RLIIX Omega Ratio Rank: 72
RLIIX Calmar Ratio Rank: 74
RLIIX Martin Ratio Rank: 83

WWWEX

WWWEX Risk / Return Rank: 4
WWWEX Sharpe Ratio Rank: 4
WWWEX Sortino Ratio Rank: 4
WWWEX Omega Ratio Rank: 4
WWWEX Calmar Ratio Rank: 4
WWWEX Martin Ratio Rank: 4

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RLIIX vs. WWWEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverFront Asset Allocation Growth & Income (RLIIX) 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.

	RLIIX	WWWEX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	-0.02	+1.83
Sortino ratio: Return per unit of downside risk	2.55	0.09	+2.45
Omega ratio: Gain probability vs. loss probability	1.33	1.01	+0.32
Calmar ratio: Return relative to maximum drawdown	2.54	-0.02	+2.56
Martin ratio: Return relative to average drawdown	10.88	-0.05	+10.93

RLIIX vs. WWWEX - Sharpe Ratio Comparison

The current RLIIX Sharpe Ratio is 1.81, which is higher than the WWWEX Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of RLIIX and WWWEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RLIIX vs. WWWEX - Drawdown Comparison

The maximum RLIIX drawdown since its inception was -27.35%, smaller than the maximum WWWEX drawdown of -82.60%. Use the drawdown chart below to compare losses from any high point for RLIIX and WWWEX.

Drawdown Indicators

	RLIIX	WWWEX	Difference
Max Drawdown Largest peak-to-trough decline	-27.35%	-82.60%	+55.25%
Max Drawdown (1Y) Largest decline over 1 year	-6.43%	-13.86%	+7.43%
Max Drawdown (3Y) Largest decline over 3 years	-12.90%	-17.66%	+4.76%
Max Drawdown (5Y) Largest decline over 5 years	-21.19%	-26.62%	+5.43%
Max Drawdown (10Y) Largest decline over 10 years	-27.35%	-36.00%	+8.65%
Current Drawdown Current decline from peak	-0.07%	-9.56%	+9.49%
Average Drawdown Average peak-to-trough decline	-4.56%	-41.12%	+36.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	6.66%	-5.16%

Volatility

RLIIX vs. WWWEX - Volatility Comparison

The current volatility for RiverFront Asset Allocation Growth & Income (RLIIX) is 2.03%, while Kinetics The Global Fund (WWWEX) has a volatility of 3.33%. This indicates that RLIIX 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.

Volatility by Period

	RLIIX	WWWEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.03%	3.33%	-1.30%
Volatility (6M) Calculated over the trailing 6-month period	7.17%	13.23%	-6.06%
Volatility (1Y) Calculated over the trailing 1-year period	9.03%	17.33%	-8.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.83%	19.40%	-8.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.94%	19.24%	-7.30%

RLIIX vs. WWWEX - Expense Ratio Comparison

RLIIX has a 0.25% expense ratio, which is lower than WWWEX's 1.39% expense ratio.

Dividends

RLIIX vs. WWWEX - Dividend Comparison

RLIIX's dividend yield for the trailing twelve months is around 5.75%, more than WWWEX's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RLIIX RiverFront Asset Allocation Growth & Income	5.75%	6.23%	1.29%	2.29%	6.66%	1.40%	1.42%	2.07%	18.88%	1.37%	1.66%	3.72%
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

Can I hold both RLIIX and WWWEX in my portfolio?

RLIIX and WWWEX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RLIIX or WWWEX?

WWWEX has higher volatility (3.33%) compared to RLIIX (2.03%). In terms of maximum drawdown, RLIIX dropped -27.35% vs WWWEX's -82.60%.

Which has better risk-adjusted returns?

RLIIX currently has the higher Sharpe Ratio (1.81 vs -0.02), 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.