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

Correlation

The correlation between WWNPX and FSHOX 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. FSHOX - Performance Comparison

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

1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%NovemberDecember2025FebruaryMarchApril
2,373.13%
965.81%
WWNPX
FSHOX

Key characteristics

Sharpe Ratio

WWNPX:

2.15

FSHOX:

-0.10

Sortino Ratio

WWNPX:

2.66

FSHOX:

0.02

Omega Ratio

WWNPX:

1.39

FSHOX:

1.00

Calmar Ratio

WWNPX:

2.90

FSHOX:

-0.08

Martin Ratio

WWNPX:

6.96

FSHOX:

-0.22

Ulcer Index

WWNPX:

13.20%

FSHOX:

9.76%

Daily Std Dev

WWNPX:

42.79%

FSHOX:

22.19%

Max Drawdown

WWNPX:

-67.87%

FSHOX:

-60.78%

Current Drawdown

WWNPX:

-18.62%

FSHOX:

-20.41%

Returns By Period

In the year-to-date period, WWNPX achieves a 14.65% return, which is significantly higher than FSHOX's -7.96% return. Over the past 10 years, WWNPX has outperformed FSHOX with an annualized return of 18.68%, while FSHOX has yielded a comparatively lower 7.60% annualized return.


WWNPX

YTD

14.65%

1M

3.03%

6M

19.24%

1Y

91.24%

5Y*

33.45%

10Y*

18.68%

FSHOX

YTD

-7.96%

1M

-1.20%

6M

-14.50%

1Y

-2.78%

5Y*

17.92%

10Y*

7.60%

*Annualized

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WWNPX vs. FSHOX - Expense Ratio Comparison

WWNPX has a 1.64% expense ratio, which is higher than FSHOX's 0.76% 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 FSHOX: current value is 0.76%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSHOX: 0.76%

Risk-Adjusted Performance

WWNPX vs. FSHOX — 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 9292
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 9090
Martin Ratio Rank

FSHOX
The Risk-Adjusted Performance Rank of FSHOX is 1919
Overall Rank
The Sharpe Ratio Rank of FSHOX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FSHOX is 1919
Sortino Ratio Rank
The Omega Ratio Rank of FSHOX is 1919
Omega Ratio Rank
The Calmar Ratio Rank of FSHOX is 1717
Calmar Ratio Rank
The Martin Ratio Rank of FSHOX is 1919
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. FSHOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and Fidelity Select Construction & Housing Portfolio (FSHOX). 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 2.15, compared to the broader market-1.000.001.002.003.00
WWNPX: 2.15
FSHOX: -0.10
The chart of Sortino ratio for WWNPX, currently valued at 2.66, compared to the broader market-2.000.002.004.006.008.00
WWNPX: 2.66
FSHOX: 0.02
The chart of Omega ratio for WWNPX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.00
WWNPX: 1.39
FSHOX: 1.00
The chart of Calmar ratio for WWNPX, currently valued at 2.90, compared to the broader market0.002.004.006.008.0010.00
WWNPX: 2.90
FSHOX: -0.08
The chart of Martin ratio for WWNPX, currently valued at 6.96, compared to the broader market0.0010.0020.0030.0040.0050.00
WWNPX: 6.96
FSHOX: -0.22

The current WWNPX Sharpe Ratio is 2.15, which is higher than the FSHOX Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of WWNPX and FSHOX, 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
2.15
-0.10
WWNPX
FSHOX

Dividends

WWNPX vs. FSHOX - Dividend Comparison

WWNPX's dividend yield for the trailing twelve months is around 2.58%, more than FSHOX's 0.78% yield.


TTM20242023202220212020201920182017201620152014
WWNPX
Kinetics Paradigm Fund
2.58%2.95%5.65%2.00%1.67%2.15%1.00%10.44%0.00%0.00%0.00%0.00%
FSHOX
Fidelity Select Construction & Housing Portfolio
0.78%0.71%0.82%0.80%0.49%0.84%0.96%1.16%0.47%0.77%2.07%4.92%

Drawdowns

WWNPX vs. FSHOX - Drawdown Comparison

The maximum WWNPX drawdown since its inception was -67.87%, which is greater than FSHOX's maximum drawdown of -60.78%. Use the drawdown chart below to compare losses from any high point for WWNPX and FSHOX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-18.62%
-20.41%
WWNPX
FSHOX

Volatility

WWNPX vs. FSHOX - Volatility Comparison

Kinetics Paradigm Fund (WWNPX) has a higher volatility of 21.08% compared to Fidelity Select Construction & Housing Portfolio (FSHOX) at 12.10%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than FSHOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
21.08%
12.10%
WWNPX
FSHOX