WWNPX vs. SPY
Compare and contrast key facts about Kinetics Paradigm Fund (WWNPX) and State Street SPDR S&P 500 ETF (SPY).
WWNPX is managed by Kinetics. It was launched on Dec 31, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
WWNPX vs. SPY - Performance Comparison
Loading graphics...
WWNPX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WWNPX Kinetics Paradigm Fund | 36.66% | -14.61% | 88.34% | -16.97% | 29.18% | 38.14% | 3.38% | 30.47% | -5.24% | 28.41% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, WWNPX achieves a 36.66% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, WWNPX has outperformed SPY with an annualized return of 20.54%, while SPY has yielded a comparatively lower 13.98% annualized return.
WWNPX
- 1D
- -6.34%
- 1M
- -9.27%
- YTD
- 36.66%
- 6M
- 24.06%
- 1Y
- 3.73%
- 3Y*
- 30.25%
- 5Y*
- 16.10%
- 10Y*
- 20.54%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WWNPX vs. SPY - Expense Ratio Comparison
WWNPX has a 1.64% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
WWNPX vs. SPY — Risk / Return Rank
WWNPX
SPY
WWNPX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics Paradigm Fund (WWNPX) and State Street SPDR S&P 500 ETF (SPY). 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 | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.13 | 0.93 | -0.79 |
Sortino ratioReturn per unit of downside risk | 0.45 | 1.45 | -1.01 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.22 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.07 | 1.53 | -1.45 |
Martin ratioReturn relative to average drawdown | 0.12 | 7.30 | -7.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WWNPX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 0.93 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.69 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.78 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.56 | -0.01 |
Correlation
The correlation between WWNPX and SPY is 0.67, 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. SPY - Dividend Comparison
WWNPX's dividend yield for the trailing twelve months is around 6.01%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WWNPX Kinetics Paradigm Fund | 6.01% | 8.21% | 2.95% | 5.65% | 2.00% | 1.67% | 2.15% | 1.00% | 10.44% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
WWNPX vs. SPY - Drawdown Comparison
The maximum WWNPX drawdown since its inception was -67.87%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WWNPX and SPY.
Loading graphics...
Drawdown Indicators
| WWNPX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.87% | -55.19% | -12.68% |
Max Drawdown (1Y)Largest decline over 1 year | -32.61% | -12.05% | -20.56% |
Max Drawdown (5Y)Largest decline over 5 years | -41.13% | -24.50% | -16.63% |
Max Drawdown (10Y)Largest decline over 10 years | -43.51% | -33.72% | -9.79% |
Current DrawdownCurrent decline from peak | -17.17% | -6.24% | -10.93% |
Average DrawdownAverage peak-to-trough decline | -13.85% | -9.09% | -4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.15% | 2.52% | +17.63% |
Volatility
WWNPX vs. SPY - Volatility Comparison
Kinetics Paradigm Fund (WWNPX) has a higher volatility of 9.21% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that WWNPX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| WWNPX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.21% | 5.31% | +3.90% |
Volatility (6M)Calculated over the trailing 6-month period | 24.60% | 9.47% | +15.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.52% | 19.05% | +17.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.56% | 17.06% | +15.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.17% | 17.92% | +10.25% |