WWWEX vs. AVEFX
WWWEX (Kinetics The Global Fund) and AVEFX (Ave Maria Bond Fund) are both Diversified Portfolio funds. Over the past 10 years, WWWEX returned 15.19%/yr vs 3.78%/yr for AVEFX. Their 0.40 correlation means their historical movements had little consistent relationship. WWWEX charges 1.39%/yr vs 0.41%/yr for AVEFX.
Performance
WWWEX vs. AVEFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WWWEX achieves a 4.86% return, which is significantly higher than AVEFX's 1.67% return. Over the past 10 years, WWWEX has outperformed AVEFX with an annualized return of 15.19%, while AVEFX has yielded a comparatively lower 3.78% annualized return.
WWWEX
- 1D
- 0.06%
- 1M
- 1.08%
- 6M
- 1.32%
- YTD
- 4.86%
- 1Y
- 0.89%
- 3Y*
- 28.29%
- 5Y*
- 13.31%
- 10Y*
- 15.19%
- ALL TIME*
- 4.62%
AVEFX
- 1D
- -0.65%
- 1M
- -0.16%
- 6M
- -0.16%
- YTD
- 1.67%
- 1Y
- 3.49%
- 3Y*
- 5.60%
- 5Y*
- 2.91%
- 10Y*
- 3.78%
- ALL TIME*
- 4.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AVEFX Ave Maria Bond Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
WWWEX vs. AVEFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WWWEX Kinetics The Global Fund | 4.86% | 2.89% | 72.15% | 11.83% | -6.45% | 16.29% | 25.00% | 21.61% | -23.57% | 48.93% |
AVEFX Ave Maria Bond Fund | 1.67% | 5.63% | 5.71% | 5.16% | -2.84% | 4.38% | 5.60% | 8.30% | 0.41% | 4.16% |
Correlation
The correlation between WWWEX and AVEFX is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since May 6, 2003 | 0.40 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WWWEX vs. AVEFX — Risk / Return Rank
WWWEX
AVEFX
WWWEX vs. AVEFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and Ave Maria Bond Fund (AVEFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WWWEX | AVEFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.22 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.33 | -1.35 |
| Martin ratioReturn relative to average drawdown | -0.05 | 3.02 | -3.07 |
Loading charts...
Drawdowns
WWWEX vs. AVEFX - Drawdown Comparison
The maximum WWWEX drawdown since its inception was -82.60%, which is greater than AVEFX's maximum drawdown of -10.24%. Use the drawdown chart below to compare losses from any high point for WWWEX and AVEFX.
Loading charts...
Drawdown Indicators
| WWWEX | AVEFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.60% | -10.24% | -72.36% |
Max Drawdown (1Y)Largest decline over 1 year | -13.86% | -2.83% | -11.03% |
Max Drawdown (3Y)Largest decline over 3 years | -17.66% | -2.83% | -14.83% |
Max Drawdown (5Y)Largest decline over 5 years | -26.62% | -7.57% | -19.05% |
Max Drawdown (10Y)Largest decline over 10 years | -36.00% | -10.24% | -25.76% |
Current DrawdownCurrent decline from peak | -9.56% | -1.90% | -7.66% |
Average DrawdownAverage peak-to-trough decline | -41.12% | -0.98% | -40.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.66% | 1.24% | +5.42% |
Volatility
WWWEX vs. AVEFX - Volatility Comparison
Kinetics The Global Fund (WWWEX) has a higher volatility of 3.33% compared to Ave Maria Bond Fund (AVEFX) at 1.08%. This indicates that WWWEX's price experiences larger fluctuations and is considered to be riskier than AVEFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WWWEX | AVEFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 1.08% | +2.25% |
Volatility (6M)Calculated over the trailing 6-month period | 13.23% | 2.40% | +10.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.33% | 3.05% | +14.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 4.14% | +15.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.24% | 4.03% | +15.21% |
WWWEX vs. AVEFX - Expense Ratio Comparison
WWWEX has a 1.39% expense ratio, which is higher than AVEFX's 0.41% expense ratio.
Dividends
WWWEX vs. AVEFX - Dividend Comparison
WWWEX's dividend yield for the trailing twelve months is around 2.46%, less than AVEFX's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEFX Ave Maria Bond Fund | 3.38% | 3.51% | 2.94% | 2.47% | 3.59% | 2.32% | 2.43% | 3.31% | 3.21% | 2.04% | 2.94% | 1.89% |
WWWEX Kinetics The Global Fund | 2.46% | 2.58% | 0.98% | 2.50% | 1.47% | 3.50% | 0.00% | 0.00% | 0.08% | 9.04% | 0.40% | 0.06% |
Frequently Asked Questions
WWWEX and AVEFX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WWWEX has higher volatility (3.33%) compared to AVEFX (1.08%). In terms of maximum drawdown, WWWEX dropped -82.60% vs AVEFX's -10.24%.
AVEFX currently has the higher Sharpe Ratio (1.23 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for WWWEX and AVEFX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer