WWNPX vs. FLCNX
Compare and contrast key facts about Kinetics Paradigm Fund (WWNPX) and Fidelity Contrafund K6 (FLCNX).
WWNPX is managed by Kinetics. It was launched on Dec 31, 1999. FLCNX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWNPX or FLCNX.
Correlation
The correlation between WWNPX and FLCNX is 0.45, 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.
Performance
WWNPX vs. FLCNX - Performance Comparison
Key characteristics
WWNPX:
3.43
FLCNX:
2.23
WWNPX:
4.11
FLCNX:
2.99
WWNPX:
1.61
FLCNX:
1.40
WWNPX:
3.40
FLCNX:
3.26
WWNPX:
13.86
FLCNX:
13.60
WWNPX:
8.55%
FLCNX:
2.63%
WWNPX:
34.51%
FLCNX:
16.07%
WWNPX:
-68.12%
FLCNX:
-32.07%
WWNPX:
-18.56%
FLCNX:
-1.97%
Returns By Period
In the year-to-date period, WWNPX achieves a 18.04% return, which is significantly higher than FLCNX's 2.28% return.
WWNPX
18.04%
5.54%
51.53%
123.62%
23.80%
16.90%
FLCNX
2.28%
-1.21%
10.40%
36.28%
16.62%
N/A
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WWNPX vs. FLCNX - Expense Ratio Comparison
WWNPX has a 1.64% expense ratio, which is higher than FLCNX's 0.45% expense ratio.
Risk-Adjusted Performance
WWNPX vs. FLCNX — Risk-Adjusted Performance Rank
WWNPX
FLCNX
WWNPX vs. FLCNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and Fidelity Contrafund K6 (FLCNX). 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.
Dividends
WWNPX vs. FLCNX - Dividend Comparison
WWNPX has not paid dividends to shareholders, while FLCNX's dividend yield for the trailing twelve months is around 0.35%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
WWNPX Kinetics Paradigm Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.01% | 0.00% | 0.00% |
FLCNX Fidelity Contrafund K6 | 0.35% | 0.36% | 0.49% | 1.18% | 0.46% | 0.21% | 0.30% | 0.33% | 0.15% |
Drawdowns
WWNPX vs. FLCNX - Drawdown Comparison
The maximum WWNPX drawdown since its inception was -68.12%, which is greater than FLCNX's maximum drawdown of -32.07%. Use the drawdown chart below to compare losses from any high point for WWNPX and FLCNX. For additional features, visit the drawdowns tool.
Volatility
WWNPX vs. FLCNX - Volatility Comparison
Kinetics Paradigm Fund (WWNPX) has a higher volatility of 12.12% compared to Fidelity Contrafund K6 (FLCNX) at 5.44%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than FLCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.