WWWEX vs. KSCOX
Compare and contrast key facts about Kinetics The Global Fund (WWWEX) and Kinetics Small Cap Opportunities Fund (KSCOX).
WWWEX is managed by Kinetics. It was launched on Dec 30, 1999. KSCOX is managed by Kinetics. It was launched on Mar 20, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WWWEX or KSCOX.
Key characteristics
| WWWEX | KSCOX | |
|---|---|---|
| YTD Return | 78.49% | 94.27% |
| 1Y Return | 89.05% | 82.58% |
| 3Y Return (Ann) | 17.22% | 25.61% |
| 5Y Return (Ann) | 22.18% | 28.11% |
| 10Y Return (Ann) | 12.26% | 18.10% |
| Sharpe Ratio | 3.75 | 3.56 |
| Sortino Ratio | 4.60 | 4.67 |
| Omega Ratio | 1.60 | 1.69 |
| Calmar Ratio | 5.09 | 2.99 |
| Martin Ratio | 29.22 | 18.82 |
| Ulcer Index | 3.06% | 4.58% |
| Daily Std Dev | 23.82% | 24.22% |
| Max Drawdown | -82.50% | -70.78% |
| Current Drawdown | -0.71% | -2.03% |
Correlation
The correlation between WWWEX and KSCOX is 0.72, 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.
Performance
WWWEX vs. KSCOX - Performance Comparison
In the year-to-date period, WWWEX achieves a 78.49% return, which is significantly lower than KSCOX's 94.27% return. Over the past 10 years, WWWEX has underperformed KSCOX with an annualized return of 12.26%, while KSCOX has yielded a comparatively higher 18.10% 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. KSCOX - Expense Ratio Comparison
WWWEX has a 1.39% expense ratio, which is lower than KSCOX's 1.64% expense ratio.
Risk-Adjusted Performance
WWWEX vs. KSCOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics The Global Fund (WWWEX) and Kinetics Small Cap Opportunities Fund (KSCOX). 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. KSCOX - Dividend Comparison
WWWEX's dividend yield for the trailing twelve months is around 1.40%, more than KSCOX's 0.64% 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% |
KSCOX Kinetics Small Cap Opportunities Fund | 0.64% | 1.25% | 0.00% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WWWEX vs. KSCOX - Drawdown Comparison
The maximum WWWEX drawdown since its inception was -82.50%, which is greater than KSCOX's maximum drawdown of -70.78%. Use the drawdown chart below to compare losses from any high point for WWWEX and KSCOX. For additional features, visit the drawdowns tool.
Volatility
WWWEX vs. KSCOX - Volatility Comparison
Kinetics The Global Fund (WWWEX) and Kinetics Small Cap Opportunities Fund (KSCOX) have volatilities of 6.13% and 6.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.