WABF vs. COMT

Last updated Jun 3, 2026

WABF (Western Asset Bond ETF) and COMT (iShares Commodities Select Strategy ETF) are both exchange-traded funds - WABF is a Intermediate Core-Plus Bond fund actively managed by Franklin Templeton, while COMT is a Commodities fund actively managed by iShares. Both are actively managed. Over the past year, WABF returned 6.00% vs 47.00% for COMT. At a correlation of -0.20, they often move in opposite directions. WABF charges 0.35%/yr vs 0.48%/yr for COMT.

Performance

WABF vs. COMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Western Asset Bond ETF (WABF) and iShares Commodities Select Strategy ETF (COMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WABF achieves a 0.32% return, which is significantly lower than COMT's 38.58% return.

WABF

• 1D: 0.03%
• 1M: 0.08%
• YTD: 0.32%
• 6M: 0.47%
• 1Y: 6.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COMT

• 1D: 0.61%
• 1M: -3.28%
• YTD: 38.58%
• 6M: 38.42%
• 1Y: 47.00%
• 3Y*: 16.55%
• 5Y*: 13.58%
• 10Y*: 9.01%

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

WABF vs. COMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WABF Western Asset Bond ETF	0.32%	7.92%	1.30%	6.81%
COMT iShares Commodities Select Strategy ETF	38.58%	6.07%	5.96%	-10.13%

Correlation

The correlation between WABF and COMT is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.34
Correlation (All Time) Calculated using the full available price history since Sep 22, 2023	-0.20

The correlation between WABF and COMT shifts across timeframes, from -0.34 (1 year) to -0.20 (all time), reflecting how their relationship changes across market environments.

WABF vs. COMT - Sectors Allocation Comparison

Sectors	WABF	COMT
Financial Services	3.9%	100.0%
Energy	1.5%	-
Communication Services	1.0%	-
Healthcare	0.6%	-
Technology	0.4%	-
Consumer Cyclical	0.2%	-
Consumer Defensive	0.2%	-
Industrials	0.2%	-
Utilities	0.2%	-
Basic Materials	0.1%	-
Real Estate	-	-

Return for Risk

WABF vs. COMT — Risk / Return Rank

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

WABF

WABF Risk / Return Rank: 42
WABF Sharpe Ratio Rank: 45
WABF Sortino Ratio Rank: 47
WABF Omega Ratio Rank: 45
WABF Calmar Ratio Rank: 38
WABF Martin Ratio Rank: 37

COMT

COMT Risk / Return Rank: 72
COMT Sharpe Ratio Rank: 66
COMT Sortino Ratio Rank: 60
COMT Omega Ratio Rank: 64
COMT Calmar Ratio Rank: 92
COMT Martin Ratio Rank: 77

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.

WABF vs. COMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Western Asset Bond ETF (WABF) and iShares Commodities Select Strategy ETF (COMT). 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.

	WABF	COMT	Difference
Sharpe ratio Return per unit of total volatility	1.57	2.22	-0.65
Sortino ratio Return per unit of downside risk	2.36	2.86	-0.50
Omega ratio Gain probability vs. loss probability	1.29	1.39	-0.11
Calmar ratio Return relative to maximum drawdown	1.90	6.26	-4.36
Martin ratio Return relative to average drawdown	5.88	14.93	-9.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WABF vs. COMT - Sharpe Ratio Comparison

The current WABF Sharpe Ratio is 1.57, which is comparable to the COMT Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of WABF and COMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WABF	COMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	2.22	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.20	+0.81

Drawdowns

WABF vs. COMT - Drawdown Comparison

The maximum WABF drawdown since its inception was -5.36%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for WABF and COMT.

Drawdown Indicators

	WABF	COMT	Difference
Max Drawdown Largest peak-to-trough decline	-5.36%	-51.89%	+46.53%
Max Drawdown (1Y) Largest decline over 1 year	-3.03%	-8.02%	+4.99%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.22%	—
Current Drawdown Current decline from peak	-1.50%	-5.56%	+4.06%
Average Drawdown Average peak-to-trough decline	-1.51%	-24.08%	+22.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	3.36%	-2.38%

Volatility

WABF vs. COMT - Volatility Comparison

The current volatility for Western Asset Bond ETF (WABF) is 1.12%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 7.60%. This indicates that WABF experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WABF	COMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	7.60%	-6.48%
Volatility (6M) Calculated over the trailing 6-month period	2.49%	18.80%	-16.31%
Volatility (1Y) Calculated over the trailing 1-year period	3.85%	21.38%	-17.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.02%	21.07%	-15.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.02%	18.89%	-12.87%

WABF vs. COMT - Expense Ratio Comparison

WABF has a 0.35% expense ratio, which is lower than COMT's 0.48% expense ratio.

Dividends

WABF vs. COMT - Dividend Comparison

WABF's dividend yield for the trailing twelve months is around 5.13%, less than COMT's 5.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COMT iShares Commodities Select Strategy ETF	5.59%	7.74%	4.90%	5.19%	29.79%	17.79%	0.36%	2.61%	11.65%	5.16%	0.52%	1.44%
WABF Western Asset Bond ETF	5.13%	5.67%	6.25%	1.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WABF and COMT in my portfolio?

WABF and COMT have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WABF or COMT?

COMT has higher volatility (7.60%) compared to WABF (1.12%). In terms of maximum drawdown, WABF dropped -5.36% vs COMT's -51.89%.

Which ETF is better, WABF or COMT?

On 1-year performance, COMT leads with 47.00% vs 6.00% for WABF. On fees, WABF is cheaper at 0.35% per year. On volatility, WABF has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WABF or COMT?

Over the 1-year period, COMT has performed better with a 47.00% return vs 6.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WABF or COMT?

WABF is cheaper with a 0.35% expense ratio, compared with 0.48% for COMT.

Which ETF pays a higher dividend yield, WABF or COMT?

COMT has the higher dividend yield at 5.59%, compared with 5.13% for WABF.

What is the main difference between WABF and COMT?

WABF is categorized as Intermediate Core-Plus Bond, while COMT is Commodities. They also come from different issuers: Franklin Templeton and iShares. Their fees differ too: 0.35% for WABF and 0.48% for COMT.

Which has better risk-adjusted returns?

COMT currently has the higher Sharpe Ratio (2.22 vs 1.57), 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.