HAVLX vs. WBREOX

Last updated Aug 4, 2026

HAVLX (Harbor Large Cap Value Fund) and WBREOX (CIT: BlackRock Equity Index Fund Class 1) are both Large Cap Blend Equities funds. Over the past year, HAVLX returned 9.78% vs 18.70% for WBREOX. Their 0.50 correlation means their historical movements had little consistent relationship. HAVLX charges 0.69%/yr vs 0.02%/yr for WBREOX.

Performance

HAVLX vs. WBREOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Large Cap Value Fund (HAVLX) and CIT: BlackRock Equity Index Fund Class 1 (WBREOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAVLX achieves a 4.65% return, which is significantly lower than WBREOX's 9.35% return.

HAVLX

• 1D: -0.05%
• 1M: 0.64%
• 6M: 1.63%
• YTD: 4.65%
• 1Y: 9.78%
• 3Y*: 12.54%
• 5Y*: 7.45%
• 10Y*: 12.04%
• ALL TIME*: 10.03%

WBREOX

• 1D: 1.66%
• 1M: -0.56%
• 6M: 7.21%
• YTD: 9.35%
• 1Y: 18.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HAVLX Harbor Large Cap Value Fund	$0.00	$0.00	$0.00
WBREOX CIT: BlackRock Equity Index Fund Class 1	$0.00	$0.00	$0.00

HAVLX vs. WBREOX - Yearly Performance Comparison

	2026 (YTD)	2025
HAVLX Harbor Large Cap Value Fund	4.65%	11.65%
WBREOX CIT: BlackRock Equity Index Fund Class 1	9.35%	16.64%

Correlation

The correlation between HAVLX and WBREOX is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.50

The correlation between HAVLX and WBREOX has been stable across timeframes, ranging from 0.50 to 0.53 - a consistent structural relationship.

Return for Risk

HAVLX vs. WBREOX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HAVLX

HAVLX Risk / Return Rank: 19
HAVLX Sharpe Ratio Rank: 19
HAVLX Sortino Ratio Rank: 20
HAVLX Omega Ratio Rank: 18
HAVLX Calmar Ratio Rank: 20
HAVLX Martin Ratio Rank: 19

WBREOX

WBREOX Risk / Return Rank: 61
WBREOX Sharpe Ratio Rank: 57
WBREOX Sortino Ratio Rank: 57
WBREOX Omega Ratio Rank: 53
WBREOX Calmar Ratio Rank: 65
WBREOX Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HAVLX vs. WBREOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Large Cap Value Fund (HAVLX) and CIT: BlackRock Equity Index Fund Class 1 (WBREOX). 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.

	HAVLX	WBREOX	Difference
Sharpe ratio: Return per unit of total volatility	0.77	1.55	-0.77
Sortino ratio: Return per unit of downside risk	1.20	2.23	-1.03
Omega ratio: Gain probability vs. loss probability	1.14	1.28	-0.14
Calmar ratio: Return relative to maximum drawdown	1.02	2.29	-1.27
Martin ratio: Return relative to average drawdown	2.92	9.64	-6.73

HAVLX vs. WBREOX - Sharpe Ratio Comparison

The current HAVLX Sharpe Ratio is 0.77, which is lower than the WBREOX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of HAVLX and WBREOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HAVLX vs. WBREOX - Drawdown Comparison

The maximum HAVLX drawdown since its inception was -53.23%, which is greater than WBREOX's maximum drawdown of -19.07%. Use the drawdown chart below to compare losses from any high point for HAVLX and WBREOX.

Drawdown Indicators

	HAVLX	WBREOX	Difference
Max Drawdown Largest peak-to-trough decline	-53.23%	-19.07%	-34.16%
Max Drawdown (1Y) Largest decline over 1 year	-8.83%	-8.89%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	-15.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.69%	—	—
Current Drawdown Current decline from peak	-0.97%	-2.11%	+1.14%
Average Drawdown Average peak-to-trough decline	-6.73%	-2.52%	-4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.02%	+1.06%

Volatility

HAVLX vs. WBREOX - Volatility Comparison

Harbor Large Cap Value Fund (HAVLX) and CIT: BlackRock Equity Index Fund Class 1 (WBREOX) have volatilities of 3.55% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAVLX	WBREOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	3.55%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	8.40%	10.02%	-1.62%
Volatility (1Y) Calculated over the trailing 1-year period	11.68%	13.19%	-1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	18.26%	-1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.55%	18.26%	+0.29%

HAVLX vs. WBREOX - Expense Ratio Comparison

HAVLX has a 0.69% expense ratio, which is higher than WBREOX's 0.02% expense ratio.

Dividends

HAVLX vs. WBREOX - Dividend Comparison

HAVLX's dividend yield for the trailing twelve months is around 20.71%, while WBREOX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAVLX Harbor Large Cap Value Fund	20.71%	21.82%	14.78%	4.06%	5.13%	3.33%	3.46%	0.88%	2.84%	3.57%	4.41%	5.74%
WBREOX CIT: BlackRock Equity Index Fund Class 1	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HAVLX and WBREOX in my portfolio?

HAVLX and WBREOX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAVLX or WBREOX?

WBREOX has higher volatility (3.55%) compared to HAVLX (3.55%). In terms of maximum drawdown, HAVLX dropped -53.23% vs WBREOX's -19.07%.

Which has better risk-adjusted returns?

WBREOX currently has the higher Sharpe Ratio (1.55 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.