WWWEX vs. FSELX
Compare and contrast key facts about Kinetics The Global Fund (WWWEX) and Fidelity Select Semiconductors Portfolio (FSELX).
WWWEX is managed by Kinetics. It was launched on Dec 30, 1999. FSELX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWWEX or FSELX.
Key characteristics
| WWWEX | FSELX | |
|---|---|---|
| YTD Return | 78.49% | 42.68% |
| 1Y Return | 89.05% | 46.01% |
| 3Y Return (Ann) | 17.22% | 13.58% |
| 5Y Return (Ann) | 22.18% | 23.63% |
| 10Y Return (Ann) | 12.26% | 18.55% |
| Sharpe Ratio | 3.75 | 1.44 |
| Sortino Ratio | 4.60 | 1.96 |
| Omega Ratio | 1.60 | 1.25 |
| Calmar Ratio | 5.09 | 2.13 |
| Martin Ratio | 29.22 | 6.08 |
| Ulcer Index | 3.06% | 8.52% |
| Daily Std Dev | 23.82% | 36.09% |
| Max Drawdown | -82.50% | -81.70% |
| Current Drawdown | -0.71% | -8.59% |
Correlation
The correlation between WWWEX and FSELX is 0.51, 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
WWWEX vs. FSELX - Performance Comparison
In the year-to-date period, WWWEX achieves a 78.49% return, which is significantly higher than FSELX's 42.68% return. Over the past 10 years, WWWEX has underperformed FSELX with an annualized return of 12.26%, while FSELX has yielded a comparatively higher 18.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WWWEX vs. FSELX - Expense Ratio Comparison
WWWEX has a 1.39% expense ratio, which is higher than FSELX's 0.68% expense ratio.
Risk-Adjusted Performance
WWWEX vs. FSELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and Fidelity Select Semiconductors Portfolio (FSELX). 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. FSELX - Dividend Comparison
WWWEX's dividend yield for the trailing twelve months is around 1.40%, more than FSELX's 0.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WWWEX Kinetics The Global Fund | 1.40% | 2.49% | 0.00% | 3.13% | 0.00% | 0.00% | 0.00% | 1.34% | 0.00% | 0.00% | 0.00% | 0.10% |
FSELX Fidelity Select Semiconductors Portfolio | 0.07% | 0.10% | 0.18% | 0.04% | 0.51% | 0.76% | 0.76% | 1.04% | 0.71% | 16.31% | 3.48% | 0.61% |
Drawdowns
WWWEX vs. FSELX - Drawdown Comparison
The maximum WWWEX drawdown since its inception was -82.50%, roughly equal to the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for WWWEX and FSELX. For additional features, visit the drawdowns tool.
Volatility
WWWEX vs. FSELX - Volatility Comparison
The current volatility for Kinetics The Global Fund (WWWEX) is 6.13%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 8.94%. This indicates that WWWEX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.