DFABX vs. WNTFX

Last updated Jun 3, 2026

DFABX (DFA Short-Term Selective State Municipal Bond Portfolio) and WNTFX (Weitz Nebraska Tax-Free Income Fund) are both Municipal Bonds funds. At a 0.44 correlation, their price movements are largely independent. DFABX charges 0.25%/yr vs 0.45%/yr for WNTFX.

Performance

DFABX vs. WNTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Short-Term Selective State Municipal Bond Portfolio (DFABX) and Weitz Nebraska Tax-Free Income Fund (WNTFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DFABX

• 1D: 0.00%
• 1M: 0.20%
• YTD: 0.98%
• 6M: 1.20%
• 1Y: 2.66%
• 3Y*: 2.82%
• 5Y*: —
• 10Y*: —

WNTFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFABX vs. WNTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DFABX DFA Short-Term Selective State Municipal Bond Portfolio	0.98%	2.46%	2.90%	2.87%	0.55%
WNTFX Weitz Nebraska Tax-Free Income Fund	0.67%	4.56%	1.19%	3.79%	0.21%

Correlation

The correlation between DFABX and WNTFX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Apr 18, 2022	0.44

Over the past year, the correlation between DFABX and WNTFX has dropped to 0.13 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

Return for Risk

DFABX vs. WNTFX — Risk / Return Rank

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

DFABX

DFABX Risk / Return Rank: 100
DFABX Sharpe Ratio Rank: 99
DFABX Sortino Ratio Rank: 100
DFABX Omega Ratio Rank: 100
DFABX Calmar Ratio Rank: 100
DFABX Martin Ratio Rank: 100

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.

DFABX vs. WNTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Short-Term Selective State Municipal Bond Portfolio (DFABX) and Weitz Nebraska Tax-Free Income Fund (WNTFX). 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.

	DFABX	WNTFX	Difference
Sharpe ratio Return per unit of total volatility	4.77	—	—
Sortino ratio Return per unit of downside risk	12.57	—	—
Omega ratio Gain probability vs. loss probability	6.47	—	—
Calmar ratio Return relative to maximum drawdown	24.98	—	—
Martin ratio Return relative to average drawdown	108.37	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DFABX	WNTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.48	—	—

Drawdowns

Drawdown Indicators

	DFABX	WNTFX	Difference
Max Drawdown Largest peak-to-trough decline	-2.46%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.11%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.60%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.24%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	—	—

Volatility

Volatility by Period

	DFABX	WNTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.56%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.96%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.96%	—	—

DFABX vs. WNTFX - Expense Ratio Comparison

DFABX has a 0.25% expense ratio, which is lower than WNTFX's 0.45% expense ratio.

Dividends

DFABX vs. WNTFX - Dividend Comparison

DFABX's dividend yield for the trailing twelve months is around 2.63%, more than WNTFX's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFABX DFA Short-Term Selective State Municipal Bond Portfolio	2.63%	2.33%	2.86%	2.52%	1.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WNTFX Weitz Nebraska Tax-Free Income Fund	2.55%	2.27%	2.03%	2.02%	1.97%	1.14%	1.60%	1.24%	1.48%	1.41%	1.72%	1.95%

Frequently Asked Questions

Can I hold both DFABX and WNTFX in my portfolio?

DFABX and WNTFX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.