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WWNPX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WWNPX and FSELX is 0.68, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

WWNPX vs. FSELX - Performance Comparison

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

1,000.00%1,500.00%2,000.00%NovemberDecember2025FebruaryMarchApril
1,776.28%
775.61%
WWNPX
FSELX

Key characteristics

Sharpe Ratio

WWNPX:

2.08

FSELX:

-0.10

Sortino Ratio

WWNPX:

2.58

FSELX:

0.18

Omega Ratio

WWNPX:

1.38

FSELX:

1.02

Calmar Ratio

WWNPX:

2.66

FSELX:

-0.12

Martin Ratio

WWNPX:

6.24

FSELX:

-0.34

Ulcer Index

WWNPX:

14.31%

FSELX:

13.53%

Daily Std Dev

WWNPX:

43.13%

FSELX:

46.53%

Max Drawdown

WWNPX:

-68.12%

FSELX:

-81.70%

Current Drawdown

WWNPX:

-20.13%

FSELX:

-28.62%

Returns By Period

In the year-to-date period, WWNPX achieves a 15.68% return, which is significantly higher than FSELX's -22.29% return. Over the past 10 years, WWNPX has underperformed FSELX with an annualized return of 15.74%, while FSELX has yielded a comparatively higher 22.49% annualized return.


WWNPX

YTD

15.68%

1M

3.95%

6M

16.86%

1Y

87.68%

5Y*

29.00%

10Y*

15.74%

FSELX

YTD

-22.29%

1M

-6.00%

6M

-23.29%

1Y

-10.26%

5Y*

25.70%

10Y*

22.49%

*Annualized

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WWNPX vs. FSELX - Expense Ratio Comparison

WWNPX has a 1.64% expense ratio, which is higher than FSELX's 0.68% expense ratio.


Expense ratio chart for WWNPX: current value is 1.64%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
WWNPX: 1.64%
Expense ratio chart for FSELX: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSELX: 0.68%

Risk-Adjusted Performance

WWNPX vs. FSELX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WWNPX
The Risk-Adjusted Performance Rank of WWNPX is 9191
Overall Rank
The Sharpe Ratio Rank of WWNPX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of WWNPX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of WWNPX is 9090
Omega Ratio Rank
The Calmar Ratio Rank of WWNPX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of WWNPX is 8888
Martin Ratio Rank

FSELX
The Risk-Adjusted Performance Rank of FSELX is 2020
Overall Rank
The Sharpe Ratio Rank of FSELX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FSELX is 2626
Sortino Ratio Rank
The Omega Ratio Rank of FSELX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FSELX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FSELX is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WWNPX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


The chart of Sharpe ratio for WWNPX, currently valued at 2.08, compared to the broader market-1.000.001.002.003.00
WWNPX: 2.08
FSELX: -0.10
The chart of Sortino ratio for WWNPX, currently valued at 2.58, compared to the broader market-2.000.002.004.006.008.00
WWNPX: 2.58
FSELX: 0.18
The chart of Omega ratio for WWNPX, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.00
WWNPX: 1.38
FSELX: 1.02
The chart of Calmar ratio for WWNPX, currently valued at 2.66, compared to the broader market0.002.004.006.008.0010.00
WWNPX: 2.66
FSELX: -0.12
The chart of Martin ratio for WWNPX, currently valued at 6.24, compared to the broader market0.0010.0020.0030.0040.00
WWNPX: 6.24
FSELX: -0.34

The current WWNPX Sharpe Ratio is 2.08, which is higher than the FSELX Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of WWNPX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
2.08
-0.10
WWNPX
FSELX

Dividends

WWNPX vs. FSELX - Dividend Comparison

WWNPX's dividend yield for the trailing twelve months is around 0.06%, less than FSELX's 5.13% yield.


TTM20242023202220212020201920182017201620152014
WWNPX
Kinetics Paradigm Fund
0.06%0.07%0.00%0.00%0.00%0.32%0.01%0.00%0.00%0.00%0.00%0.00%
FSELX
Fidelity Select Semiconductors Portfolio
5.13%3.99%7.20%6.69%6.99%8.13%3.36%26.80%14.65%3.82%16.31%3.48%

Drawdowns

WWNPX vs. FSELX - Drawdown Comparison

The maximum WWNPX drawdown since its inception was -68.12%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for WWNPX and FSELX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-20.13%
-28.62%
WWNPX
FSELX

Volatility

WWNPX vs. FSELX - Volatility Comparison

The current volatility for Kinetics Paradigm Fund (WWNPX) is 21.06%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 26.45%. This indicates that WWNPX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
21.06%
26.45%
WWNPX
FSELX