WBALX vs. NWQIX
Compare and contrast key facts about Weitz Balanced Fund (WBALX) and Nuveen Flexible Income Fund (NWQIX).
WBALX is managed by Weitz. It was launched on Sep 30, 2003. NWQIX is managed by Nuveen. It was launched on Dec 8, 2009.
Performance
WBALX vs. NWQIX - Performance Comparison
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WBALX vs. NWQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WBALX Weitz Balanced Fund | -3.90% | 3.77% | 6.85% | 9.27% | -9.95% | 13.11% | 8.13% | 17.94% | -1.79% | 11.16% |
NWQIX Nuveen Flexible Income Fund | -0.33% | 12.22% | 6.03% | 11.61% | -13.64% | 4.94% | 5.54% | 18.57% | -4.07% | 9.18% |
Returns By Period
In the year-to-date period, WBALX achieves a -3.90% return, which is significantly lower than NWQIX's -0.33% return. Both investments have delivered pretty close results over the past 10 years, with WBALX having a 5.36% annualized return and NWQIX not far ahead at 5.38%.
WBALX
- 1D
- 0.50%
- 1M
- -4.42%
- YTD
- -3.90%
- 6M
- -2.67%
- 1Y
- 0.01%
- 3Y*
- 4.37%
- 5Y*
- 2.73%
- 10Y*
- 5.36%
NWQIX
- 1D
- 0.00%
- 1M
- -2.94%
- YTD
- -0.33%
- 6M
- 2.27%
- 1Y
- 10.77%
- 3Y*
- 9.04%
- 5Y*
- 3.81%
- 10Y*
- 5.38%
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WBALX vs. NWQIX - Expense Ratio Comparison
WBALX has a 0.85% expense ratio, which is higher than NWQIX's 0.70% expense ratio.
Return for Risk
WBALX vs. NWQIX — Risk / Return Rank
WBALX
NWQIX
WBALX vs. NWQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Balanced Fund (WBALX) and Nuveen Flexible Income Fund (NWQIX). 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.
| WBALX | NWQIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.04 | 2.58 | -2.54 |
Sortino ratioReturn per unit of downside risk | 0.12 | 3.49 | -3.37 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.56 | -0.54 |
Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.91 | -2.97 |
Martin ratioReturn relative to average drawdown | -0.21 | 11.90 | -12.11 |
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
| WBALX | NWQIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.04 | 2.58 | -2.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.68 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.86 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.72 | -0.18 |
Correlation
The correlation between WBALX and NWQIX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
WBALX vs. NWQIX - Dividend Comparison
WBALX's dividend yield for the trailing twelve months is around 5.15%, less than NWQIX's 5.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WBALX Weitz Balanced Fund | 5.15% | 4.95% | 4.98% | 1.11% | 1.95% | 2.57% | 1.08% | 1.88% | 9.78% | 2.72% | 3.26% | 5.51% |
NWQIX Nuveen Flexible Income Fund | 5.75% | 6.52% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
Drawdowns
WBALX vs. NWQIX - Drawdown Comparison
The maximum WBALX drawdown since its inception was -43.04%, which is greater than NWQIX's maximum drawdown of -23.89%. Use the drawdown chart below to compare losses from any high point for WBALX and NWQIX.
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Drawdown Indicators
| WBALX | NWQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.04% | -23.89% | -19.15% |
Max Drawdown (1Y)Largest decline over 1 year | -6.02% | -3.75% | -2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -14.81% | -17.75% | +2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -15.93% | -23.89% | +7.96% |
Current DrawdownCurrent decline from peak | -5.55% | -2.94% | -2.61% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -3.04% | -1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 0.92% | +0.73% |
Volatility
WBALX vs. NWQIX - Volatility Comparison
Weitz Balanced Fund (WBALX) has a higher volatility of 2.09% compared to Nuveen Flexible Income Fund (NWQIX) at 1.50%. This indicates that WBALX's price experiences larger fluctuations and is considered to be riskier than NWQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WBALX | NWQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 1.50% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 4.41% | 2.76% | +1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.41% | 4.41% | +3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.33% | 5.64% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.68% | 6.31% | +1.37% |