WWNPX vs. ETGLX

Last updated Aug 1, 2026

WWNPX (Kinetics Paradigm Fund) and ETGLX (Eventide Gilead Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, WWNPX returned 18.31%/yr vs 13.01%/yr for ETGLX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. WWNPX charges 1.64%/yr vs 1.31%/yr for ETGLX.

Performance

WWNPX vs. ETGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinetics Paradigm Fund (WWNPX) and Eventide Gilead Fund (ETGLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WWNPX achieves a 21.61% return, which is significantly higher than ETGLX's 11.61% return. Over the past 10 years, WWNPX has outperformed ETGLX with an annualized return of 18.31%, while ETGLX has yielded a comparatively lower 13.01% annualized return.

WWNPX

• 1D: 1.12%
• 1M: -1.34%
• 6M: 6.16%
• YTD: 21.61%
• 1Y: 11.71%
• 3Y*: 27.61%
• 5Y*: 14.30%
• 10Y*: 18.31%
• ALL TIME*: 11.87%

ETGLX

• 1D: 2.80%
• 1M: -6.46%
• 6M: 9.56%
• YTD: 11.61%
• 1Y: 27.61%
• 3Y*: 11.03%
• 5Y*: 2.00%
• 10Y*: 13.01%
• ALL TIME*: 12.73%

*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)
ETGLX Eventide Gilead Fund	$0.00	$0.00	$0.00
WWNPX Kinetics Paradigm Fund	$0.00	$0.00	$0.00

WWNPX vs. ETGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WWNPX Kinetics Paradigm Fund	21.61%	-14.61%	88.34%	-16.97%	29.18%	38.14%	3.38%	30.47%	-5.24%	28.41%
ETGLX Eventide Gilead Fund	11.61%	23.50%	-0.23%	22.52%	-34.17%	11.22%	55.13%	33.84%	-2.56%	32.85%

Correlation

The correlation between WWNPX and ETGLX is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.37
Correlation (5Y) Shows whether the relationship held over a longer period.	0.41
Correlation (10Y) Provides a long-term view across more market conditions.	0.44
Correlation (All Time) Calculated using the full available price history since Jul 2, 2008	0.59

Over the past year, the correlation between WWNPX and ETGLX has dropped to 0.30 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Return for Risk

WWNPX vs. ETGLX — Risk / Return Rank

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

WWNPX

WWNPX Risk / Return Rank: 8
WWNPX Sharpe Ratio Rank: 8
WWNPX Sortino Ratio Rank: 9
WWNPX Omega Ratio Rank: 9
WWNPX Calmar Ratio Rank: 8
WWNPX Martin Ratio Rank: 7

ETGLX

ETGLX Risk / Return Rank: 51
ETGLX Sharpe Ratio Rank: 53
ETGLX Sortino Ratio Rank: 53
ETGLX Omega Ratio Rank: 48
ETGLX Calmar Ratio Rank: 51
ETGLX Martin Ratio Rank: 48

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.

WWNPX vs. ETGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and Eventide Gilead Fund (ETGLX). 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.

	WWNPX	ETGLX	Difference
Sharpe ratio: Return per unit of total volatility	0.21	1.35	-1.14
Sortino ratio: Return per unit of downside risk	0.53	1.94	-1.42
Omega ratio: Gain probability vs. loss probability	1.07	1.24	-0.17
Calmar ratio: Return relative to maximum drawdown	0.25	1.84	-1.58
Martin ratio: Return relative to average drawdown	0.58	6.55	-5.97

WWNPX vs. ETGLX - Sharpe Ratio Comparison

The current WWNPX Sharpe Ratio is 0.21, which is lower than the ETGLX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of WWNPX and ETGLX, 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

WWNPX vs. ETGLX - Drawdown Comparison

The maximum WWNPX drawdown since its inception was -67.87%, which is greater than ETGLX's maximum drawdown of -41.41%. Use the drawdown chart below to compare losses from any high point for WWNPX and ETGLX.

Drawdown Indicators

	WWNPX	ETGLX	Difference
Max Drawdown Largest peak-to-trough decline	-67.87%	-41.41%	-26.46%
Max Drawdown (1Y) Largest decline over 1 year	-27.71%	-14.44%	-13.27%
Max Drawdown (3Y) Largest decline over 3 years	-41.13%	-25.74%	-15.39%
Max Drawdown (5Y) Largest decline over 5 years	-41.13%	-41.41%	+0.28%
Max Drawdown (10Y) Largest decline over 10 years	-43.51%	-41.41%	-2.10%
Current Drawdown Current decline from peak	-26.29%	-9.04%	-17.25%
Average Drawdown Average peak-to-trough decline	-13.98%	-11.54%	-2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.28%	4.04%	+8.24%

Volatility

WWNPX vs. ETGLX - Volatility Comparison

Kinetics Paradigm Fund (WWNPX) has a higher volatility of 7.85% compared to Eventide Gilead Fund (ETGLX) at 6.00%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than ETGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WWNPX	ETGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	6.00%	+1.85%
Volatility (6M) Calculated over the trailing 6-month period	26.73%	16.44%	+10.29%
Volatility (1Y) Calculated over the trailing 1-year period	34.28%	19.64%	+14.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.11%	24.50%	+8.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.84%	23.45%	+5.39%

WWNPX vs. ETGLX - Expense Ratio Comparison

WWNPX has a 1.64% expense ratio, which is higher than ETGLX's 1.31% expense ratio.

Dividends

WWNPX vs. ETGLX - Dividend Comparison

WWNPX's dividend yield for the trailing twelve months is around 6.75%, less than ETGLX's 11.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETGLX Eventide Gilead Fund	11.28%	12.58%	1.29%	0.00%	5.53%	6.47%	0.81%	3.21%	5.41%	0.00%	0.00%	1.14%
WWNPX Kinetics Paradigm Fund	6.75%	8.21%	2.95%	5.65%	2.00%	1.67%	2.15%	1.00%	10.44%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WWNPX and ETGLX in my portfolio?

WWNPX and ETGLX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WWNPX or ETGLX?

WWNPX has higher volatility (7.85%) compared to ETGLX (6.00%). In terms of maximum drawdown, WWNPX dropped -67.87% vs ETGLX's -41.41%.

Which has better risk-adjusted returns?

ETGLX currently has the higher Sharpe Ratio (1.35 vs 0.21), 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.