WBALX vs. VWIAX
Compare and contrast key facts about Weitz Balanced Fund (WBALX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX).
WBALX is managed by Weitz. It was launched on Sep 30, 2003. VWIAX is managed by Vanguard. It was launched on May 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WBALX or VWIAX.
Key characteristics
| WBALX | VWIAX | |
|---|---|---|
| YTD Return | 9.19% | 8.27% |
| 1Y Return | 14.05% | 18.56% |
| 3Y Return (Ann) | 1.63% | -0.46% |
| 5Y Return (Ann) | 5.12% | 2.90% |
| 10Y Return (Ann) | 3.08% | 3.48% |
| Sharpe Ratio | 2.54 | 2.62 |
| Sortino Ratio | 3.79 | 4.05 |
| Omega Ratio | 1.48 | 1.55 |
| Calmar Ratio | 1.67 | 1.05 |
| Martin Ratio | 16.73 | 17.33 |
| Ulcer Index | 0.81% | 1.02% |
| Daily Std Dev | 5.36% | 6.74% |
| Max Drawdown | -45.38% | -23.93% |
| Current Drawdown | 0.00% | -1.38% |
Correlation
The correlation between WBALX and VWIAX is 0.72, 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
WBALX vs. VWIAX - Performance Comparison
In the year-to-date period, WBALX achieves a 9.19% return, which is significantly higher than VWIAX's 8.27% return. Over the past 10 years, WBALX has underperformed VWIAX with an annualized return of 3.08%, while VWIAX has yielded a comparatively higher 3.48% annualized 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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WBALX vs. VWIAX - Expense Ratio Comparison
WBALX has a 0.85% expense ratio, which is higher than VWIAX's 0.16% expense ratio.
Risk-Adjusted Performance
WBALX vs. VWIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Balanced Fund (WBALX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX). 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
WBALX vs. VWIAX - Dividend Comparison
WBALX's dividend yield for the trailing twelve months is around 1.69%, less than VWIAX's 5.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WBALX Weitz Balanced Fund | 1.69% | 1.61% | 0.95% | 0.21% | 0.53% | 0.99% | 1.01% | 0.37% | 0.27% | 0.00% | 0.00% | 0.02% |
VWIAX Vanguard Wellesley Income Fund Admiral Shares | 5.81% | 5.80% | 3.25% | 2.55% | 2.72% | 2.97% | 3.38% | 2.92% | 3.02% | 3.18% | 3.23% | 3.13% |
Drawdowns
WBALX vs. VWIAX - Drawdown Comparison
The maximum WBALX drawdown since its inception was -45.38%, which is greater than VWIAX's maximum drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for WBALX and VWIAX. For additional features, visit the drawdowns tool.
Volatility
WBALX vs. VWIAX - Volatility Comparison
Weitz Balanced Fund (WBALX) has a higher volatility of 1.68% compared to Vanguard Wellesley Income Fund Admiral Shares (VWIAX) at 1.53%. This indicates that WBALX's price experiences larger fluctuations and is considered to be riskier than VWIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.