WWNPX vs. SMH
Compare and contrast key facts about Kinetics Paradigm Fund (WWNPX) and VanEck Vectors Semiconductor ETF (SMH).
WWNPX is managed by Kinetics. It was launched on Dec 31, 1999. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWNPX or SMH.
Correlation
The correlation between WWNPX and SMH is 0.49, 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. SMH - Performance Comparison
Key characteristics
WWNPX:
3.80
SMH:
1.38
WWNPX:
4.41
SMH:
1.90
WWNPX:
1.67
SMH:
1.24
WWNPX:
3.76
SMH:
1.96
WWNPX:
15.08
SMH:
4.70
WWNPX:
8.67%
SMH:
10.32%
WWNPX:
34.42%
SMH:
35.08%
WWNPX:
-68.12%
SMH:
-83.29%
WWNPX:
-16.35%
SMH:
-7.78%
Returns By Period
In the year-to-date period, WWNPX achieves a 21.15% return, which is significantly higher than SMH's 6.64% return. Over the past 10 years, WWNPX has underperformed SMH with an annualized return of 17.31%, while SMH has yielded a comparatively higher 26.76% annualized return.
WWNPX
21.15%
16.97%
55.57%
130.19%
24.42%
17.31%
SMH
6.64%
7.19%
4.54%
43.86%
29.70%
26.76%
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WWNPX vs. SMH - Expense Ratio Comparison
WWNPX has a 1.64% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
WWNPX vs. SMH — Risk-Adjusted Performance Rank
WWNPX
SMH
WWNPX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and VanEck Vectors Semiconductor ETF (SMH). 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. SMH - Dividend Comparison
WWNPX's dividend yield for the trailing twelve months is around 0.06%, less than SMH's 0.41% 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% |
SMH VanEck Vectors Semiconductor ETF | 0.41% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
WWNPX vs. SMH - Drawdown Comparison
The maximum WWNPX drawdown since its inception was -68.12%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for WWNPX and SMH. For additional features, visit the drawdowns tool.
Volatility
WWNPX vs. SMH - Volatility Comparison
Kinetics Paradigm Fund (WWNPX) has a higher volatility of 12.14% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.78%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.