VMGRX vs. KMKNX
Compare and contrast key facts about Vanguard Mid-Cap Growth Fund (VMGRX) and Kinetics Market Opportunities Fund No Load Class (KMKNX).
VMGRX is managed by Vanguard. It was launched on Dec 31, 1997. KMKNX is an actively managed fund by Kinetics. It was launched on Jan 31, 2006.
Performance
VMGRX vs. KMKNX - Performance Comparison
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VMGRX vs. KMKNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VMGRX Vanguard Mid-Cap Growth Fund | -12.52% | 8.80% | 17.73% | 24.15% | -30.13% | 9.21% | 33.40% | 32.06% | -3.52% | 21.60% |
KMKNX Kinetics Market Opportunities Fund No Load Class | 22.52% | -3.09% | 84.05% | -7.34% | 14.98% | 28.03% | 19.56% | 22.76% | -10.68% | 47.26% |
Returns By Period
In the year-to-date period, VMGRX achieves a -12.52% return, which is significantly lower than KMKNX's 22.52% return. Over the past 10 years, VMGRX has underperformed KMKNX with an annualized return of 8.45%, while KMKNX has yielded a comparatively higher 21.10% annualized return.
VMGRX
- 1D
- 4.07%
- 1M
- -8.39%
- YTD
- -12.52%
- 6M
- -12.25%
- 1Y
- 4.80%
- 3Y*
- 8.28%
- 5Y*
- 0.70%
- 10Y*
- 8.45%
KMKNX
- 1D
- 1.41%
- 1M
- -7.64%
- YTD
- 22.52%
- 6M
- 11.44%
- 1Y
- 6.51%
- 3Y*
- 32.40%
- 5Y*
- 15.19%
- 10Y*
- 21.10%
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VMGRX vs. KMKNX - Expense Ratio Comparison
VMGRX has a 0.33% expense ratio, which is lower than KMKNX's 1.40% expense ratio.
Return for Risk
VMGRX vs. KMKNX — Risk / Return Rank
VMGRX
KMKNX
VMGRX vs. KMKNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth Fund (VMGRX) and Kinetics Market Opportunities Fund No Load Class (KMKNX). 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.
| VMGRX | KMKNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.23 | 0.32 | -0.10 |
Sortino ratioReturn per unit of downside risk | 0.49 | 0.62 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.08 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.27 | 0.43 | -0.16 |
Martin ratioReturn relative to average drawdown | 0.93 | 0.79 | +0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VMGRX | KMKNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.32 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.58 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.90 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.58 | -0.24 |
Correlation
The correlation between VMGRX and KMKNX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VMGRX vs. KMKNX - Dividend Comparison
VMGRX's dividend yield for the trailing twelve months is around 20.28%, more than KMKNX's 0.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGRX Vanguard Mid-Cap Growth Fund | 20.28% | 17.74% | 1.80% | 0.39% | 0.26% | 34.53% | 6.30% | 10.43% | 14.53% | 3.13% | 0.67% | 8.20% |
KMKNX Kinetics Market Opportunities Fund No Load Class | 0.54% | 0.66% | 0.81% | 0.87% | 1.36% | 1.56% | 0.26% | 0.33% | 9.13% | 0.64% | 0.00% | 0.00% |
Drawdowns
VMGRX vs. KMKNX - Drawdown Comparison
The maximum VMGRX drawdown since its inception was -71.74%, which is greater than KMKNX's maximum drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for VMGRX and KMKNX.
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Drawdown Indicators
| VMGRX | KMKNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.74% | -65.47% | -6.27% |
Max Drawdown (1Y)Largest decline over 1 year | -19.09% | -19.52% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -39.71% | -31.47% | -8.24% |
Max Drawdown (10Y)Largest decline over 10 years | -39.71% | -31.47% | -8.24% |
Current DrawdownCurrent decline from peak | -15.80% | -10.15% | -5.65% |
Average DrawdownAverage peak-to-trough decline | -24.60% | -15.29% | -9.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 10.58% | -4.98% |
Volatility
VMGRX vs. KMKNX - Volatility Comparison
Vanguard Mid-Cap Growth Fund (VMGRX) has a higher volatility of 8.29% compared to Kinetics Market Opportunities Fund No Load Class (KMKNX) at 7.07%. This indicates that VMGRX's price experiences larger fluctuations and is considered to be riskier than KMKNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VMGRX | KMKNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.29% | 7.07% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 15.22% | 17.87% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 24.61% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.23% | 26.44% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 23.39% | -1.16% |