Correlation
The correlation between WACPX and MWTRX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
WACPX vs. MWTRX
Compare and contrast key facts about Western Asset Core Plus Bond Fund Class I (WACPX) and Metropolitan West Total Return Bond Fund (MWTRX).
WACPX is managed by Franklin Templeton. It was launched on Jul 8, 1998. MWTRX is managed by Metropolitan West Funds. It was launched on Mar 31, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WACPX or MWTRX.
Performance
WACPX vs. MWTRX - Performance Comparison
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Key characteristics
WACPX:
0.61
MWTRX:
0.73
WACPX:
0.76
MWTRX:
0.93
WACPX:
1.09
MWTRX:
1.11
WACPX:
0.16
MWTRX:
0.28
WACPX:
1.07
MWTRX:
1.46
WACPX:
2.73%
MWTRX:
2.68%
WACPX:
5.82%
MWTRX:
6.25%
WACPX:
-25.58%
MWTRX:
-20.08%
WACPX:
-14.30%
MWTRX:
-9.43%
Returns By Period
In the year-to-date period, WACPX achieves a 1.47% return, which is significantly higher than MWTRX's 1.22% return. Over the past 10 years, WACPX has outperformed MWTRX with an annualized return of 1.53%, while MWTRX has yielded a comparatively lower 1.21% annualized return.
WACPX
1.47%
-0.81%
0.97%
3.50%
0.40%
-1.66%
1.53%
MWTRX
1.22%
-1.01%
1.07%
4.37%
0.62%
-1.24%
1.21%
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WACPX vs. MWTRX - Expense Ratio Comparison
WACPX has a 0.45% expense ratio, which is lower than MWTRX's 0.65% expense ratio.
Risk-Adjusted Performance
WACPX vs. MWTRX — Risk-Adjusted Performance Rank
WACPX
MWTRX
WACPX vs. MWTRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Core Plus Bond Fund Class I (WACPX) and Metropolitan West Total Return Bond Fund (MWTRX). 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.
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Dividends
WACPX vs. MWTRX - Dividend Comparison
WACPX's dividend yield for the trailing twelve months is around 4.85%, more than MWTRX's 4.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WACPX Western Asset Core Plus Bond Fund Class I | 4.85% | 4.81% | 4.23% | 3.48% | 3.35% | 4.12% | 5.01% | 4.04% | 3.31% | 4.77% | 3.18% | 3.45% |
MWTRX Metropolitan West Total Return Bond Fund | 4.24% | 4.45% | 3.88% | 2.68% | 1.10% | 6.48% | 3.39% | 2.51% | 1.90% | 3.10% | 2.69% | 2.29% |
Drawdowns
WACPX vs. MWTRX - Drawdown Comparison
The maximum WACPX drawdown since its inception was -25.58%, which is greater than MWTRX's maximum drawdown of -20.08%. Use the drawdown chart below to compare losses from any high point for WACPX and MWTRX.
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Volatility
WACPX vs. MWTRX - Volatility Comparison
The current volatility for Western Asset Core Plus Bond Fund Class I (WACPX) is 1.50%, while Metropolitan West Total Return Bond Fund (MWTRX) has a volatility of 1.76%. This indicates that WACPX experiences smaller price fluctuations and is considered to be less risky than MWTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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