SPUBX vs. WLDR

Last updated Aug 4, 2026

SPUBX (Symmetry Panoramic US Fixed Income Fund) and WLDR (Affinity World Leaders Equity ETF) are both funds - SPUBX is a Intermediate Core-Plus Bond fund managed by Symmetry Partners, while WLDR is a Global Equities fund tracking the Thomson Reuters StarMine Affinity World Leaders Index. Over the past 5 years, SPUBX returned 0.23%/yr vs 18.04%/yr for WLDR. Their 0.05 correlation means their historical movements had little consistent relationship. SPUBX charges 0.45%/yr vs 0.67%/yr for WLDR.

Performance

SPUBX vs. WLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic US Fixed Income Fund (SPUBX) and Affinity World Leaders Equity ETF (WLDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPUBX achieves a -0.96% return, which is significantly lower than WLDR's 29.98% return.

SPUBX

• 1D: -0.64%
• 1M: -1.48%
• 6M: -1.07%
• YTD: -0.96%
• 1Y: 1.56%
• 3Y*: 3.73%
• 5Y*: 0.23%
• 10Y*: —
• ALL TIME*: 1.76%

WLDR

• 1D: 1.15%
• 1M: 3.17%
• 6M: 21.17%
• YTD: 29.98%
• 1Y: 49.01%
• 3Y*: 30.33%
• 5Y*: 18.04%
• 10Y*: —
• ALL TIME*: 12.57%

*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)
SPUBX Symmetry Panoramic US Fixed Income Fund	$0.00	$0.00	$0.00
WLDR Affinity World Leaders Equity ETF	$1.08M	$815.02K	$665.85K

SPUBX vs. WLDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SPUBX Symmetry Panoramic US Fixed Income Fund	-0.96%	7.23%	1.15%	5.32%	-9.45%	-1.72%	5.63%	5.91%	1.56%
WLDR Affinity World Leaders Equity ETF	29.98%	31.24%	22.74%	18.93%	-10.44%	26.77%	-1.93%	21.54%	-11.93%

Correlation

The correlation between SPUBX and WLDR is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.33
Correlation (3Y) Balances recent behavior with more history.	0.22
Correlation (5Y) Shows whether the relationship held over a longer period.	0.16
Correlation (All Time) Calculated using the full available price history since Nov 12, 2018	0.05

Over the past year, SPUBX and WLDR have become more correlated (0.33) than their long-term average of 0.05, meaning their price movements have been converging.

Return for Risk

SPUBX vs. WLDR — Risk / Return Rank

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

SPUBX

SPUBX Risk / Return Rank: 15
SPUBX Sharpe Ratio Rank: 15
SPUBX Sortino Ratio Rank: 14
SPUBX Omega Ratio Rank: 14
SPUBX Calmar Ratio Rank: 16
SPUBX Martin Ratio Rank: 15

WLDR

WLDR Risk / Return Rank: 94
WLDR Sharpe Ratio Rank: 95
WLDR Sortino Ratio Rank: 94
WLDR Omega Ratio Rank: 92
WLDR Calmar Ratio Rank: 95
WLDR Martin Ratio Rank: 94

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.

SPUBX vs. WLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic US Fixed Income Fund (SPUBX) and Affinity World Leaders Equity ETF (WLDR). 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.

	SPUBX	WLDR	Difference
Sharpe ratio: Return per unit of total volatility	0.65	2.80	-2.15
Sortino ratio: Return per unit of downside risk	0.95	3.77	-2.81
Omega ratio: Gain probability vs. loss probability	1.12	1.47	-0.35
Calmar ratio: Return relative to maximum drawdown	0.87	5.56	-4.69
Martin ratio: Return relative to average drawdown	2.15	19.28	-17.14

SPUBX vs. WLDR - Sharpe Ratio Comparison

The current SPUBX Sharpe Ratio is 0.65, which is lower than the WLDR Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of SPUBX and WLDR, 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

SPUBX vs. WLDR - Drawdown Comparison

The maximum SPUBX drawdown since its inception was -13.72%, smaller than the maximum WLDR drawdown of -44.69%. Use the drawdown chart below to compare losses from any high point for SPUBX and WLDR.

Drawdown Indicators

	SPUBX	WLDR	Difference
Max Drawdown Largest peak-to-trough decline	-13.72%	-44.69%	+30.97%
Max Drawdown (1Y) Largest decline over 1 year	-2.78%	-8.86%	+6.08%
Max Drawdown (3Y) Largest decline over 3 years	-4.86%	-20.30%	+15.44%
Max Drawdown (5Y) Largest decline over 5 years	-13.17%	-23.77%	+10.60%
Current Drawdown Current decline from peak	-2.72%	-2.20%	-0.52%
Average Drawdown Average peak-to-trough decline	-3.84%	-8.52%	+4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	2.55%	-1.42%

Volatility

SPUBX vs. WLDR - Volatility Comparison

The current volatility for Symmetry Panoramic US Fixed Income Fund (SPUBX) is 1.12%, while Affinity World Leaders Equity ETF (WLDR) has a volatility of 6.61%. This indicates that SPUBX experiences smaller price fluctuations and is considered to be less risky than WLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPUBX	WLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	6.61%	-5.49%
Volatility (6M) Calculated over the trailing 6-month period	2.93%	14.90%	-11.97%
Volatility (1Y) Calculated over the trailing 1-year period	3.73%	17.59%	-13.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.78%	17.57%	-12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.14%	21.04%	-16.90%

SPUBX vs. WLDR - Expense Ratio Comparison

SPUBX has a 0.45% expense ratio, which is lower than WLDR's 0.67% expense ratio.

Dividends

SPUBX vs. WLDR - Dividend Comparison

SPUBX's dividend yield for the trailing twelve months is around 4.00%, less than WLDR's 7.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SPUBX Symmetry Panoramic US Fixed Income Fund	4.00%	4.31%	4.57%	2.52%	1.61%	1.16%	1.82%	2.14%	0.16%
WLDR Affinity World Leaders Equity ETF	7.16%	9.01%	13.99%	2.28%	2.10%	7.55%	1.80%	2.48%	2.82%

Frequently Asked Questions

Can I hold both SPUBX and WLDR in my portfolio?

SPUBX and WLDR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPUBX or WLDR?

WLDR has higher volatility (6.61%) compared to SPUBX (1.12%). In terms of maximum drawdown, SPUBX dropped -13.72% vs WLDR's -44.69%.

Which has better risk-adjusted returns?

WLDR currently has the higher Sharpe Ratio (2.80 vs 0.65), 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.