BNDP vs. WCPB

Last updated Jul 18, 2026

BNDP (Vanguard Core-Plus Bond Index ETF) and WCPB (Weitz Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. BNDP is passively managed, while WCPB is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. BNDP charges 0.05%/yr vs 0.45%/yr for WCPB.

Performance

BNDP vs. WCPB - Performance Comparison

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

Returns By Period

In the year-to-date period, BNDP achieves a 0.31% return, which is significantly lower than WCPB's 1.35% return.

BNDP

• 1D: 0.05%
• 1M: -0.13%
• 6M: 0.17%
• YTD: 0.31%
• 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)

BNDP vs. WCPB - Yearly Performance Comparison

	2026 (YTD)	2025
BNDP Vanguard Core-Plus Bond Index ETF	0.31%	0.08%
WCPB Weitz Core Plus Bond ETF	1.35%	0.15%

Correlation

The correlation between BNDP and WCPB is 0.92, 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 Dec 4, 2025	0.92

Return for Risk

BNDP vs. WCPB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond Index ETF (BNDP) 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

BNDP vs. WCPB - Drawdown Comparison

The maximum BNDP drawdown since its inception was -2.60%, roughly equal to the maximum WCPB drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for BNDP and WCPB.

Drawdown Indicators

	BNDP	WCPB	Difference
Max Drawdown Largest peak-to-trough decline	-2.60%	-2.64%	+0.04%
Current Drawdown Current decline from peak	-1.34%	-0.63%	-0.71%
Average Drawdown Average peak-to-trough decline	-0.92%	-0.57%	-0.35%

Volatility

Volatility by Period

	BNDP	WCPB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	3.85%	-0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.67%	3.85%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.67%	3.85%	-0.18%

BNDP vs. WCPB - Expense Ratio Comparison

BNDP has a 0.05% expense ratio, which is lower than WCPB's 0.45% expense ratio.

Dividends

BNDP vs. WCPB - Dividend Comparison

BNDP's dividend yield for the trailing twelve months is around 2.45%, less than WCPB's 3.58% yield.

Position	TTM	2025
BNDP Vanguard Core-Plus Bond Index ETF	2.45%	0.24%
WCPB Weitz Core Plus Bond ETF	3.58%	1.19%

Frequently Asked Questions

Can I hold both BNDP and WCPB in my portfolio?

With a correlation of 0.92, BNDP and WCPB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BNDP or WCPB?

On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BNDP or WCPB?

BNDP is cheaper with a 0.05% expense ratio, compared with 0.45% for WCPB.

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

WCPB has the higher dividend yield at 3.58%, compared with 2.45% for BNDP.

What is the main difference between BNDP and WCPB?

They also come from different issuers: Vanguard and Weitz. Their fees differ too: 0.05% for BNDP and 0.45% for WCPB.