WWWEX vs. KMKNX
Compare and contrast key facts about Kinetics The Global Fund (WWWEX) and Kinetics Market Opportunities Fund No Load Class (KMKNX).
WWWEX is managed by Kinetics. It was launched on Dec 30, 1999. KMKNX is an actively managed fund by Kinetics. It was launched on Jan 31, 2006.
Performance
WWWEX vs. KMKNX - Performance Comparison
Loading graphics...
WWWEX vs. KMKNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WWWEX Kinetics The Global Fund | 6.72% | 2.89% | 72.15% | 11.83% | -6.45% | 16.29% | 25.00% | 21.61% | -23.57% | 48.93% |
KMKNX Kinetics Market Opportunities Fund No Load Class | 22.52% | -3.09% | 84.05% | -7.34% | 14.98% | 28.03% | 19.56% | 22.76% | -10.68% | 47.26% |
Returns By Period
In the year-to-date period, WWWEX achieves a 6.72% return, which is significantly lower than KMKNX's 22.52% return. Over the past 10 years, WWWEX has underperformed KMKNX with an annualized return of 16.19%, while KMKNX has yielded a comparatively higher 21.10% annualized return.
WWWEX
- 1D
- 1.48%
- 1M
- -7.55%
- YTD
- 6.72%
- 6M
- -1.01%
- 1Y
- 6.03%
- 3Y*
- 29.05%
- 5Y*
- 11.92%
- 10Y*
- 16.19%
KMKNX
- 1D
- 1.41%
- 1M
- -7.64%
- YTD
- 22.52%
- 6M
- 11.44%
- 1Y
- 6.51%
- 3Y*
- 32.40%
- 5Y*
- 15.19%
- 10Y*
- 21.10%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WWWEX vs. KMKNX - Expense Ratio Comparison
WWWEX has a 1.39% expense ratio, which is lower than KMKNX's 1.40% expense ratio.
Return for Risk
WWWEX vs. KMKNX — Risk / Return Rank
WWWEX
KMKNX
WWWEX vs. KMKNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and Kinetics Market Opportunities Fund No Load Class (KMKNX). 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.
| WWWEX | KMKNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.39 | 0.32 | +0.06 |
Sortino ratioReturn per unit of downside risk | 0.65 | 0.62 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.57 | 0.43 | +0.14 |
Martin ratioReturn relative to average drawdown | 1.42 | 0.79 | +0.63 |
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
| WWWEX | KMKNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 0.32 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.58 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.90 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.58 | -0.34 |
Correlation
The correlation between WWWEX and KMKNX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
WWWEX vs. KMKNX - Dividend Comparison
WWWEX's dividend yield for the trailing twelve months is around 2.42%, more than KMKNX's 0.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WWWEX Kinetics The Global Fund | 2.42% | 2.58% | 0.98% | 2.50% | 1.47% | 3.50% | 0.00% | 0.00% | 0.08% | 9.04% | 0.40% | 0.06% |
KMKNX Kinetics Market Opportunities Fund No Load Class | 0.54% | 0.66% | 0.81% | 0.87% | 1.36% | 1.56% | 0.26% | 0.33% | 9.13% | 0.64% | 0.00% | 0.00% |
Drawdowns
WWWEX vs. KMKNX - Drawdown Comparison
The maximum WWWEX drawdown since its inception was -82.60%, which is greater than KMKNX's maximum drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for WWWEX and KMKNX.
Loading graphics...
Drawdown Indicators
| WWWEX | KMKNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.60% | -65.47% | -17.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -19.52% | +7.38% |
Max Drawdown (5Y)Largest decline over 5 years | -26.94% | -31.47% | +4.53% |
Max Drawdown (10Y)Largest decline over 10 years | -36.00% | -31.47% | -4.53% |
Current DrawdownCurrent decline from peak | -7.95% | -10.15% | +2.20% |
Average DrawdownAverage peak-to-trough decline | -41.54% | -15.29% | -26.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.88% | 10.58% | -5.70% |
Volatility
WWWEX vs. KMKNX - Volatility Comparison
The current volatility for Kinetics The Global Fund (WWWEX) is 5.99%, while Kinetics Market Opportunities Fund No Load Class (KMKNX) has a volatility of 7.07%. This indicates that WWWEX experiences smaller price fluctuations and is considered to be less risky than KMKNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| WWWEX | KMKNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 7.07% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 14.24% | 17.87% | -3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 24.61% | -6.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.91% | 26.44% | -6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 23.39% | -4.27% |