ESGB vs. WCPB

Last updated Jul 18, 2026

ESGB (IQ MacKay ESG Core Plus Bond ETF) and WCPB (Weitz Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. At a 0.12 correlation, their price movements are largely independent. ESGB charges 0.39%/yr vs 0.45%/yr for WCPB.

Performance

ESGB vs. WCPB - Performance Comparison

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

Returns By Period

ESGB

• 1D: —
• 1M: —
• 6M: —
• 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)

ESGB vs. WCPB - Yearly Performance Comparison

	2026 (YTD)
ESGB IQ MacKay ESG Core Plus Bond ETF	-0.18%
WCPB Weitz Core Plus Bond ETF	0.47%

Correlation

The correlation between ESGB and WCPB is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.12

Return for Risk

ESGB vs. WCPB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) 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

Drawdown Indicators

	ESGB	WCPB	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.64%	—
Current Drawdown Current decline from peak	—	-0.63%	—
Average Drawdown Average peak-to-trough decline	—	-0.57%	—

Volatility

Volatility by Period

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

ESGB vs. WCPB - Expense Ratio Comparison

ESGB has a 0.39% expense ratio, which is lower than WCPB's 0.45% expense ratio.

Dividends

ESGB vs. WCPB - Dividend Comparison

ESGB has not paid dividends to shareholders, while WCPB's dividend yield for the trailing twelve months is around 3.58%.

Position	TTM	2025
ESGB IQ MacKay ESG Core Plus Bond ETF	0.00%	0.00%
WCPB Weitz Core Plus Bond ETF	3.58%	1.19%

Frequently Asked Questions

Can I hold both ESGB and WCPB in my portfolio?

ESGB and WCPB have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGB or WCPB?

On fees, ESGB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGB or WCPB?

ESGB is cheaper with a 0.39% expense ratio, compared with 0.45% for WCPB.

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

WCPB has the higher dividend yield at 3.58%, compared with 0.00% for ESGB.

What is the main difference between ESGB and WCPB?

They also come from different issuers: IndexIQ and Weitz. Their fees differ too: 0.39% for ESGB and 0.45% for WCPB.