UBND vs. WCPNX
Compare and contrast key facts about VictoryShares Core Plus Intermediate Bond ETF (UBND) and Weitz Core Plus Income Fund (WCPNX).
UBND is an actively managed fund by VictoryShares. It was launched on Oct 4, 2021. WCPNX is managed by Weitz. It was launched on Jul 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UBND or WCPNX.
Key characteristics
| UBND | WCPNX | |
|---|---|---|
| YTD Return | 3.70% | 3.94% |
| 1Y Return | 10.06% | 9.35% |
| 3Y Return (Ann) | -0.83% | 0.05% |
| Sharpe Ratio | 1.75 | 1.57 |
| Sortino Ratio | 2.57 | 2.37 |
| Omega Ratio | 1.31 | 1.29 |
| Calmar Ratio | 0.81 | 0.97 |
| Martin Ratio | 6.96 | 6.60 |
| Ulcer Index | 1.36% | 1.29% |
| Daily Std Dev | 5.41% | 5.44% |
| Max Drawdown | -16.53% | -13.87% |
| Current Drawdown | -2.82% | -2.56% |
Correlation
The correlation between UBND and WCPNX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UBND vs. WCPNX - Performance Comparison
In the year-to-date period, UBND achieves a 3.70% return, which is significantly lower than WCPNX's 3.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UBND vs. WCPNX - Expense Ratio Comparison
UBND has a 0.40% expense ratio, which is lower than WCPNX's 0.89% expense ratio.
Risk-Adjusted Performance
UBND vs. WCPNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Plus Intermediate Bond ETF (UBND) 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.
Dividends
UBND vs. WCPNX - Dividend Comparison
UBND's dividend yield for the trailing twelve months is around 4.51%, less than WCPNX's 5.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
UBND VictoryShares Core Plus Intermediate Bond ETF | 4.51% | 4.37% | 3.28% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WCPNX Weitz Core Plus Income Fund | 5.22% | 5.73% | 2.93% | 2.23% | 3.31% | 2.72% | 2.55% | 2.11% | 2.43% | 1.78% | 0.58% |
Drawdowns
UBND vs. WCPNX - Drawdown Comparison
The maximum UBND drawdown since its inception was -16.53%, which is greater than WCPNX's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for UBND and WCPNX. For additional features, visit the drawdowns tool.
Volatility
UBND vs. WCPNX - Volatility Comparison
VictoryShares Core Plus Intermediate Bond ETF (UBND) and Weitz Core Plus Income Fund (WCPNX) have volatilities of 1.44% and 1.45%, 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.