CLF.TO vs. WCPNX

Last updated Jun 9, 2026

CLF.TO (iShares 1-5 Year Laddered Government Bond Index ETF) and WCPNX (Weitz Core Plus Income Fund) are both funds - CLF.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD, while WCPNX is a Intermediate Core-Plus Bond fund managed by Weitz. Over the past 10 years, CLF.TO returned 1.57%/yr vs 4.02%/yr for WCPNX. At a 0.31 correlation, their price movements are largely independent. CLF.TO charges 0.17%/yr vs 0.89%/yr for WCPNX.

Performance

CLF.TO vs. WCPNX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares 1-5 Year Laddered Government Bond Index ETF (CLF.TO) and Weitz Core Plus Income Fund (WCPNX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLF.TO is traded in CAD, while WCPNX is traded in USD. To make them comparable, the WCPNX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLF.TO achieves a 0.71% return, which is significantly lower than WCPNX's 1.82% return. Over the past 10 years, CLF.TO has underperformed WCPNX with an annualized return of 1.57%, while WCPNX has yielded a comparatively higher 4.02% annualized return.

CLF.TO

• 1D: -0.06%
• 1M: 0.13%
• YTD: 0.71%
• 6M: 1.02%
• 1Y: 2.62%
• 3Y*: 4.23%
• 5Y*: 1.70%
• 10Y*: 1.57%

WCPNX

• 1D: -0.32%
• 1M: 1.38%
• YTD: 1.82%
• 6M: 1.41%
• 1Y: 7.49%
• 3Y*: 6.43%
• 5Y*: 4.71%
• 10Y*: 4.02%

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

CLF.TO vs. WCPNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLF.TO iShares 1-5 Year Laddered Government Bond Index ETF	0.71%	3.36%	4.82%	4.58%	-3.98%	-1.27%	4.82%	2.47%	1.68%	-0.49%
WCPNX Weitz Core Plus Income Fund	1.82%	2.97%	12.91%	4.46%	-4.21%	1.55%	7.57%	2.96%	10.02%	-4.13%

Correlation

The correlation between CLF.TO and WCPNX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Aug 4, 2014	0.31

The correlation between CLF.TO and WCPNX shifts across timeframes, from 0.31 (all time) to 0.46 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

CLF.TO vs. WCPNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLF.TO

CLF.TO Risk / Return Rank: 41
CLF.TO Sharpe Ratio Rank: 41
CLF.TO Sortino Ratio Rank: 39
CLF.TO Omega Ratio Rank: 42
CLF.TO Calmar Ratio Rank: 43
CLF.TO Martin Ratio Rank: 38

WCPNX

WCPNX Risk / Return Rank: 26
WCPNX Sharpe Ratio Rank: 26
WCPNX Sortino Ratio Rank: 26
WCPNX Omega Ratio Rank: 25
WCPNX Calmar Ratio Rank: 29
WCPNX Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLF.TO vs. WCPNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 1-5 Year Laddered Government Bond Index ETF (CLF.TO) and Weitz Core Plus Income Fund (WCPNX). 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.

	CLF.TO	WCPNX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.15	+0.16
Sortino ratio: Return per unit of downside risk	1.81	1.69	+0.12
Omega ratio: Gain probability vs. loss probability	1.25	1.20	+0.05
Calmar ratio: Return relative to maximum drawdown	1.94	1.78	+0.16
Martin ratio: Return relative to average drawdown	5.52	3.97	+1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLF.TO vs. WCPNX - Sharpe Ratio Comparison

The current CLF.TO Sharpe Ratio is 1.31, which is comparable to the WCPNX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of CLF.TO and WCPNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CLF.TO	WCPNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.15	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.60	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.53	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.70	-0.01

Drawdowns

CLF.TO vs. WCPNX - Drawdown Comparison

The maximum CLF.TO drawdown since its inception was -6.91%, smaller than the maximum WCPNX drawdown of -10.56%. Use the drawdown chart below to compare losses from any high point for CLF.TO and WCPNX.

Drawdown Indicators

	CLF.TO	WCPNX	Difference
Max Drawdown Largest peak-to-trough decline	-6.91%	-10.56%	+3.65%
Max Drawdown (1Y) Largest decline over 1 year	-1.35%	-3.85%	+2.50%
Max Drawdown (3Y) Largest decline over 3 years	-1.40%	-6.73%	+5.33%
Max Drawdown (5Y) Largest decline over 5 years	-6.80%	-10.56%	+3.76%
Max Drawdown (10Y) Largest decline over 10 years	-6.91%	-10.56%	+3.65%
Current Drawdown Current decline from peak	-0.46%	-0.97%	+0.51%
Average Drawdown Average peak-to-trough decline	-1.08%	-2.99%	+1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	1.73%	-1.25%

Volatility

CLF.TO vs. WCPNX - Volatility Comparison

The current volatility for iShares 1-5 Year Laddered Government Bond Index ETF (CLF.TO) is 0.71%, while Weitz Core Plus Income Fund (WCPNX) has a volatility of 1.47%. This indicates that CLF.TO experiences smaller price fluctuations and is considered to be less risky than WCPNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLF.TO	WCPNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.71%	1.47%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	1.61%	4.13%	-2.52%
Volatility (1Y) Calculated over the trailing 1-year period	2.02%	5.98%	-3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.99%	7.95%	-4.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.36%	7.61%	-4.25%

CLF.TO vs. WCPNX - Expense Ratio Comparison

CLF.TO has a 0.17% expense ratio, which is lower than WCPNX's 0.89% expense ratio.

Dividends

CLF.TO vs. WCPNX - Dividend Comparison

CLF.TO's dividend yield for the trailing twelve months is around 2.25%, less than WCPNX's 4.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLF.TO iShares 1-5 Year Laddered Government Bond Index ETF	2.25%	2.22%	2.22%	2.23%	2.10%	1.98%	2.15%	2.46%	2.67%	2.91%	3.12%	3.29%
WCPNX Weitz Core Plus Income Fund	4.92%	5.26%	6.15%	4.92%	3.04%	2.51%	5.07%	2.95%	2.55%	2.41%	3.72%	1.96%

Frequently Asked Questions

Can I hold both CLF.TO and WCPNX in my portfolio?

CLF.TO and WCPNX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.