WWNPX vs. LCLAX

Last updated Apr 2, 2026

Compare and contrast key facts about Kinetics Paradigm Fund (WWNPX) and ClearBridge Select Fund Class A (LCLAX).

WWNPX is managed by Kinetics. It was launched on Dec 31, 1999. LCLAX is managed by Franklin Templeton. It was launched on Sep 23, 2013.

Performance

WWNPX vs. LCLAX - Performance Comparison

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

WWNPX vs. LCLAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WWNPX Kinetics Paradigm Fund	38.76%	-14.61%	88.34%	-16.97%	29.18%	38.14%	3.38%	30.47%	-5.24%	28.41%
LCLAX ClearBridge Select Fund Class A	-7.91%	6.87%	21.13%	23.82%	-33.28%	19.86%	58.29%	33.03%	10.18%	38.69%

Returns By Period

In the year-to-date period, WWNPX achieves a 38.76% return, which is significantly higher than LCLAX's -7.91% return. Over the past 10 years, WWNPX has outperformed LCLAX with an annualized return of 20.72%, while LCLAX has yielded a comparatively lower 15.63% annualized return.

WWNPX

• 1D: 1.54%
• 1M: -9.22%
• YTD: 38.76%
• 6M: 23.34%
• 1Y: 3.39%
• 3Y*: 30.92%
• 5Y*: 16.21%
• 10Y*: 20.72%

LCLAX

• 1D: 3.17%
• 1M: -5.93%
• YTD: -7.91%
• 6M: -9.68%
• 1Y: 7.46%
• 3Y*: 10.88%
• 5Y*: 1.87%
• 10Y*: 15.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WWNPX vs. LCLAX - Expense Ratio Comparison

WWNPX has a 1.64% expense ratio, which is higher than LCLAX's 1.10% expense ratio.

WWNPX

Kinetics Paradigm Fund

LCLAX

ClearBridge Select Fund Class A

Return for Risk

WWNPX vs. LCLAX — Risk / Return Rank

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

WWNPX

WWNPX Risk / Return Rank: 8
WWNPX Sharpe Ratio Rank: 7
WWNPX Sortino Ratio Rank: 9
WWNPX Omega Ratio Rank: 8
WWNPX Calmar Ratio Rank: 9
WWNPX Martin Ratio Rank: 7

LCLAX

LCLAX Risk / Return Rank: 12
LCLAX Sharpe Ratio Rank: 11
LCLAX Sortino Ratio Rank: 12
LCLAX Omega Ratio Rank: 11
LCLAX Calmar Ratio Rank: 13
LCLAX Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WWNPX vs. LCLAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and ClearBridge Select Fund Class A (LCLAX). 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.

	WWNPX	LCLAX	Difference
Sharpe ratio Return per unit of total volatility	0.15	0.40	-0.26
Sortino ratio Return per unit of downside risk	0.46	0.72	-0.26
Omega ratio Gain probability vs. loss probability	1.06	1.10	-0.04
Calmar ratio Return relative to maximum drawdown	0.20	0.55	-0.36
Martin ratio Return relative to average drawdown	0.32	1.79	-1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WWNPX vs. LCLAX - Sharpe Ratio Comparison

The current WWNPX Sharpe Ratio is 0.15, which is lower than the LCLAX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of WWNPX and LCLAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WWNPX	LCLAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.40	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.09	+0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.72	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.60	-0.05

Correlation

The correlation between WWNPX and LCLAX is 0.53, 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.

Dividends

WWNPX vs. LCLAX - Dividend Comparison

WWNPX's dividend yield for the trailing twelve months is around 5.92%, while LCLAX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WWNPX Kinetics Paradigm Fund	5.92%	8.21%	2.95%	5.65%	2.00%	1.67%	2.15%	1.00%	10.44%	0.00%	0.00%	0.00%
LCLAX ClearBridge Select Fund Class A	0.00%	0.00%	0.00%	0.00%	0.01%	3.38%	0.00%	0.00%	1.31%	2.15%	1.13%	5.31%

Drawdowns

WWNPX vs. LCLAX - Drawdown Comparison

The maximum WWNPX drawdown since its inception was -67.87%, which is greater than LCLAX's maximum drawdown of -43.64%. Use the drawdown chart below to compare losses from any high point for WWNPX and LCLAX.

Drawdown Indicators

	WWNPX	LCLAX	Difference
Max Drawdown Largest peak-to-trough decline	-67.87%	-43.64%	-24.23%
Max Drawdown (1Y) Largest decline over 1 year	-32.61%	-14.36%	-18.25%
Max Drawdown (5Y) Largest decline over 5 years	-41.13%	-43.64%	+2.51%
Max Drawdown (10Y) Largest decline over 10 years	-43.51%	-43.64%	+0.13%
Current Drawdown Current decline from peak	-15.90%	-11.64%	-4.26%
Average Drawdown Average peak-to-trough decline	-13.85%	-10.17%	-3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.16%	4.45%	+15.71%

Volatility

WWNPX vs. LCLAX - Volatility Comparison

Kinetics Paradigm Fund (WWNPX) has a higher volatility of 9.22% compared to ClearBridge Select Fund Class A (LCLAX) at 6.54%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than LCLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WWNPX	LCLAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.22%	6.54%	+2.68%
Volatility (6M) Calculated over the trailing 6-month period	24.58%	11.80%	+12.78%
Volatility (1Y) Calculated over the trailing 1-year period	36.48%	20.52%	+15.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.56%	21.86%	+10.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.17%	21.92%	+6.25%