WACPX vs. FXAIX
Compare and contrast key facts about Western Asset Core Plus Bond Fund Class I (WACPX) and Fidelity 500 Index Fund (FXAIX).
WACPX is managed by Franklin Templeton. It was launched on Jul 8, 1998. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
WACPX vs. FXAIX - Performance Comparison
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WACPX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WACPX Western Asset Core Plus Bond Fund Class I | -0.86% | 7.99% | -0.77% | 7.51% | -18.79% | -2.24% | 9.42% | 12.29% | -1.47% | 7.10% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, WACPX achieves a -0.86% return, which is significantly higher than FXAIX's -4.34% return. Over the past 10 years, WACPX has underperformed FXAIX with an annualized return of 1.85%, while FXAIX has yielded a comparatively higher 14.08% annualized return.
WACPX
- 1D
- 0.33%
- 1M
- -2.23%
- YTD
- -0.86%
- 6M
- -0.01%
- 1Y
- 3.64%
- 3Y*
- 3.37%
- 5Y*
- -1.04%
- 10Y*
- 1.85%
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
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WACPX vs. FXAIX - Expense Ratio Comparison
WACPX has a 0.45% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
WACPX vs. FXAIX — Risk / Return Rank
WACPX
FXAIX
WACPX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Core Plus Bond Fund Class I (WACPX) and Fidelity 500 Index Fund (FXAIX). 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.
| WACPX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.97 | -0.15 |
Sortino ratioReturn per unit of downside risk | 1.20 | 1.49 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.23 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.22 | 1.52 | -0.30 |
Martin ratioReturn relative to average drawdown | 4.12 | 7.30 | -3.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WACPX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.97 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | 0.70 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.78 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.76 | +0.14 |
Correlation
The correlation between WACPX and FXAIX is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WACPX vs. FXAIX - Dividend Comparison
WACPX's dividend yield for the trailing twelve months is around 4.38%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WACPX Western Asset Core Plus Bond Fund Class I | 4.38% | 4.70% | 4.80% | 4.88% | 3.46% | 2.99% | 4.12% | 4.98% | 4.01% | 3.30% | 4.77% | 3.19% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
WACPX vs. FXAIX - Drawdown Comparison
The maximum WACPX drawdown since its inception was -25.86%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for WACPX and FXAIX.
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Drawdown Indicators
| WACPX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.86% | -33.79% | +7.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.60% | -12.13% | +8.53% |
Max Drawdown (5Y)Largest decline over 5 years | -25.46% | -24.50% | -0.96% |
Max Drawdown (10Y)Largest decline over 10 years | -25.86% | -33.79% | +7.93% |
Current DrawdownCurrent decline from peak | -9.33% | -6.23% | -3.10% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -3.83% | +0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 2.53% | -1.47% |
Volatility
WACPX vs. FXAIX - Volatility Comparison
The current volatility for Western Asset Core Plus Bond Fund Class I (WACPX) is 1.75%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 5.34%. This indicates that WACPX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WACPX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.75% | 5.34% | -3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 9.53% | -6.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.72% | 18.32% | -13.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.39% | 16.92% | -9.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.15% | 18.05% | -11.90% |