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

Correlation

The correlation between WWNPX and KSCOX is 0.64, 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. KSCOX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

WWNPX:

1.56

KSCOX:

1.54

Sortino Ratio

WWNPX:

2.09

KSCOX:

2.09

Omega Ratio

WWNPX:

1.29

KSCOX:

1.29

Calmar Ratio

WWNPX:

2.09

KSCOX:

1.96

Martin Ratio

WWNPX:

4.62

KSCOX:

4.27

Ulcer Index

WWNPX:

14.35%

KSCOX:

12.60%

Daily Std Dev

WWNPX:

43.20%

KSCOX:

35.58%

Max Drawdown

WWNPX:

-67.87%

KSCOX:

-70.09%

Current Drawdown

WWNPX:

-26.70%

KSCOX:

-23.15%

Returns By Period

In the year-to-date period, WWNPX achieves a 3.27% return, which is significantly higher than KSCOX's 2.32% return. Both investments have delivered pretty close results over the past 10 years, with WWNPX having a 17.29% annualized return and KSCOX not far behind at 17.23%.


WWNPX

YTD

3.27%

1M

-7.74%

6M

-22.21%

1Y

66.79%

3Y*

25.72%

5Y*

29.00%

10Y*

17.29%

KSCOX

YTD

2.32%

1M

-5.83%

6M

-19.13%

1Y

54.52%

3Y*

20.46%

5Y*

29.92%

10Y*

17.23%

*Annualized

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Kinetics Paradigm Fund

WWNPX vs. KSCOX - Expense Ratio Comparison

Both WWNPX and KSCOX have an expense ratio of 1.64%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

WWNPX vs. KSCOX — 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 8787
Overall Rank
The Sharpe Ratio Rank of WWNPX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of WWNPX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of WWNPX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of WWNPX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of WWNPX is 8282
Martin Ratio Rank

KSCOX
The Risk-Adjusted Performance Rank of KSCOX is 8686
Overall Rank
The Sharpe Ratio Rank of KSCOX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of KSCOX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of KSCOX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of KSCOX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of KSCOX is 8080
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. KSCOX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and Kinetics Small Cap Opportunities Fund (KSCOX). 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 current WWNPX Sharpe Ratio is 1.56, which is comparable to the KSCOX Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of WWNPX and KSCOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

WWNPX vs. KSCOX - Dividend Comparison

WWNPX's dividend yield for the trailing twelve months is around 2.86%, less than KSCOX's 3.50% yield.


TTM2024202320222021202020192018
WWNPX
Kinetics Paradigm Fund
2.86%2.95%5.65%2.00%1.67%2.15%1.00%10.44%
KSCOX
Kinetics Small Cap Opportunities Fund
3.50%3.58%6.71%0.00%1.67%0.00%0.00%0.00%

Drawdowns

WWNPX vs. KSCOX - Drawdown Comparison

The maximum WWNPX drawdown since its inception was -67.87%, roughly equal to the maximum KSCOX drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for WWNPX and KSCOX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

WWNPX vs. KSCOX - Volatility Comparison

Kinetics Paradigm Fund (WWNPX) has a higher volatility of 9.37% compared to Kinetics Small Cap Opportunities Fund (KSCOX) at 7.63%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than KSCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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