WWNPX vs. FSHOX
Compare and contrast key facts about Kinetics Paradigm Fund (WWNPX) and Fidelity Select Construction & Housing Portfolio (FSHOX).
WWNPX is managed by Kinetics. It was launched on Dec 31, 1999. FSHOX is managed by Fidelity Investments. It was launched on Sep 28, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWNPX or FSHOX.
Correlation
The correlation between WWNPX and FSHOX 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.
Performance
WWNPX vs. FSHOX - Performance Comparison
Key characteristics
WWNPX:
3.80
FSHOX:
1.04
WWNPX:
4.41
FSHOX:
1.53
WWNPX:
1.67
FSHOX:
1.18
WWNPX:
3.76
FSHOX:
1.37
WWNPX:
15.08
FSHOX:
3.39
WWNPX:
8.67%
FSHOX:
5.75%
WWNPX:
34.42%
FSHOX:
18.84%
WWNPX:
-68.12%
FSHOX:
-60.35%
WWNPX:
-16.35%
FSHOX:
-9.03%
Returns By Period
In the year-to-date period, WWNPX achieves a 21.15% return, which is significantly higher than FSHOX's 5.19% return. Over the past 10 years, WWNPX has outperformed FSHOX with an annualized return of 17.31%, while FSHOX has yielded a comparatively lower 9.62% annualized return.
WWNPX
21.15%
16.97%
55.57%
130.19%
24.42%
17.31%
FSHOX
5.19%
1.52%
6.06%
18.84%
15.14%
9.62%
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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.
Risk-Adjusted Performance
WWNPX vs. FSHOX — Risk-Adjusted Performance Rank
WWNPX
FSHOX
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.
Dividends
WWNPX vs. FSHOX - Dividend Comparison
WWNPX's dividend yield for the trailing twelve months is around 0.06%, less than FSHOX's 0.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FSHOX Fidelity Select Construction & Housing Portfolio | 0.68% | 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 -68.12%, which is greater than FSHOX's maximum drawdown of -60.35%. Use the drawdown chart below to compare losses from any high point for WWNPX and FSHOX. For additional features, visit the drawdowns tool.
Volatility
WWNPX vs. FSHOX - Volatility Comparison
Kinetics Paradigm Fund (WWNPX) has a higher volatility of 12.14% compared to Fidelity Select Construction & Housing Portfolio (FSHOX) at 6.56%. 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.