BCPL vs. WCPB

Last updated Jul 18, 2026

BCPL (BNY Mellon Core Plus ETF) and WCPB (Weitz Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. BCPL charges 0.40%/yr vs 0.45%/yr for WCPB.

Performance

BCPL vs. WCPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Core Plus ETF (BCPL) and Weitz Core Plus Bond ETF (WCPB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCPL

• 1D: 0.08%
• 1M: -0.25%
• 6M: 0.45%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WCPB

• 1D: 0.04%
• 1M: -0.07%
• 6M: 0.80%
• YTD: 1.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCPL vs. WCPB - Yearly Performance Comparison

	2026 (YTD)
BCPL BNY Mellon Core Plus ETF	0.27%
WCPB Weitz Core Plus Bond ETF	0.88%

Correlation

The correlation between BCPL and WCPB is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 12, 2026	0.87

Return for Risk

BCPL vs. WCPB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Core Plus ETF (BCPL) and Weitz Core Plus Bond ETF (WCPB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BCPL vs. WCPB - Drawdown Comparison

The maximum BCPL drawdown since its inception was -2.95%, which is greater than WCPB's maximum drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for BCPL and WCPB.

Drawdown Indicators

	BCPL	WCPB	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-2.64%	-0.31%
Current Drawdown Current decline from peak	-1.28%	-0.63%	-0.65%
Average Drawdown Average peak-to-trough decline	-1.03%	-0.57%	-0.46%

Volatility

Volatility by Period

	BCPL	WCPB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.98%	3.85%	+0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.98%	3.85%	+0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.98%	3.85%	+0.13%

BCPL vs. WCPB - Expense Ratio Comparison

BCPL has a 0.40% expense ratio, which is lower than WCPB's 0.45% expense ratio.

Dividends

BCPL vs. WCPB - Dividend Comparison

BCPL's dividend yield for the trailing twelve months is around 1.94%, less than WCPB's 3.58% yield.

Position	TTM	2025
BCPL BNY Mellon Core Plus ETF	1.94%	0.00%
WCPB Weitz Core Plus Bond ETF	3.58%	1.19%

Frequently Asked Questions

Can I hold both BCPL and WCPB in my portfolio?

BCPL and WCPB have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCPL or WCPB?

On fees, BCPL is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCPL or WCPB?

BCPL is cheaper with a 0.40% expense ratio, compared with 0.45% for WCPB.

Which ETF pays a higher dividend yield, BCPL or WCPB?

WCPB has the higher dividend yield at 3.58%, compared with 1.94% for BCPL.

What is the main difference between BCPL and WCPB?

They also come from different issuers: BNY Mellon and Weitz. Their fees differ too: 0.40% for BCPL and 0.45% for WCPB.