WWWEX vs. CEFS
Compare and contrast key facts about Kinetics The Global Fund (WWWEX) and Saba Closed-End Funds ETF (CEFS).
WWWEX is managed by Kinetics. It was launched on Dec 30, 1999. CEFS is an actively managed fund by Exchange Traded Concepts. It was launched on Mar 21, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWWEX or CEFS.
Correlation
The correlation between WWWEX and CEFS is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WWWEX vs. CEFS - Performance Comparison
Key characteristics
WWWEX:
2.76
CEFS:
2.24
WWWEX:
3.53
CEFS:
3.04
WWWEX:
1.46
CEFS:
1.39
WWWEX:
5.35
CEFS:
3.93
WWWEX:
14.26
CEFS:
12.53
WWWEX:
4.81%
CEFS:
1.86%
WWWEX:
24.87%
CEFS:
10.46%
WWWEX:
-82.50%
CEFS:
-38.99%
WWWEX:
-7.64%
CEFS:
-1.64%
Returns By Period
In the year-to-date period, WWWEX achieves a 5.93% return, which is significantly higher than CEFS's 4.44% return.
WWWEX
5.93%
-3.20%
28.94%
66.90%
20.74%
12.50%
CEFS
4.44%
0.46%
7.29%
21.67%
11.42%
N/A
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WWWEX vs. CEFS - Expense Ratio Comparison
WWWEX has a 1.39% expense ratio, which is lower than CEFS's 3.80% expense ratio.
Risk-Adjusted Performance
WWWEX vs. CEFS — Risk-Adjusted Performance Rank
WWWEX
CEFS
WWWEX vs. CEFS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and Saba Closed-End Funds ETF (CEFS). 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
WWWEX vs. CEFS - Dividend Comparison
WWWEX's dividend yield for the trailing twelve months is around 0.92%, less than CEFS's 9.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
WWWEX Kinetics The Global Fund | 0.92% | 0.97% | 2.49% | 0.00% | 3.13% | 0.00% | 0.00% | 0.00% | 1.34% |
CEFS Saba Closed-End Funds ETF | 9.46% | 9.81% | 9.20% | 11.32% | 10.73% | 8.61% | 7.56% | 9.84% | 6.28% |
Drawdowns
WWWEX vs. CEFS - Drawdown Comparison
The maximum WWWEX drawdown since its inception was -82.50%, which is greater than CEFS's maximum drawdown of -38.99%. Use the drawdown chart below to compare losses from any high point for WWWEX and CEFS. For additional features, visit the drawdowns tool.
Volatility
WWWEX vs. CEFS - Volatility Comparison
Kinetics The Global Fund (WWWEX) has a higher volatility of 5.30% compared to Saba Closed-End Funds ETF (CEFS) at 2.90%. This indicates that WWWEX's price experiences larger fluctuations and is considered to be riskier than CEFS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.