WBALX vs. WVALX

Last updated Jun 24, 2026

WBALX (Weitz Balanced Fund) and WVALX (Weitz Value Fund) are both mutual funds - WBALX is a Diversified Portfolio fund managed by Weitz, while WVALX is a Large Cap Blend Equities fund managed by Weitz. Over the past 10 years, WBALX returned 5.63%/yr vs 9.22%/yr for WVALX. Their correlation of 0.94 suggests significant overlap in exposure. WBALX charges 0.85%/yr vs 1.04%/yr for WVALX.

Performance

WBALX vs. WVALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Balanced Fund (WBALX) and Weitz Value Fund (WVALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBALX achieves a -1.10% return, which is significantly higher than WVALX's -8.15% return. Over the past 10 years, WBALX has underperformed WVALX with an annualized return of 5.63%, while WVALX has yielded a comparatively higher 9.22% annualized return.

WBALX

• 1D: -0.25%
• 1M: 0.65%
• YTD: -1.10%
• 6M: -1.46%
• 1Y: 2.01%
• 3Y*: 4.58%
• 5Y*: 2.65%
• 10Y*: 5.63%

WVALX

• 1D: -1.28%
• 1M: -1.13%
• YTD: -8.15%
• 6M: -8.89%
• 1Y: -5.77%
• 3Y*: 4.93%
• 5Y*: 2.52%
• 10Y*: 9.22%

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

WBALX vs. WVALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WBALX Weitz Balanced Fund	-1.10%	3.77%	6.85%	9.27%	-9.95%	13.11%	8.13%	17.94%	-1.79%	11.16%
WVALX Weitz Value Fund	-8.15%	-0.21%	12.76%	29.72%	-22.89%	26.86%	18.41%	34.16%	-4.88%	15.60%

Correlation

The correlation between WBALX and WVALX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 1, 2003	0.94

The correlation between WBALX and WVALX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

WBALX vs. WVALX — Risk / Return Rank

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

WBALX

WBALX Risk / Return Rank: 6
WBALX Sharpe Ratio Rank: 6
WBALX Sortino Ratio Rank: 6
WBALX Omega Ratio Rank: 5
WBALX Calmar Ratio Rank: 6
WBALX Martin Ratio Rank: 6

WVALX

WVALX Risk / Return Rank: 1
WVALX Sharpe Ratio Rank: 1
WVALX Sortino Ratio Rank: 1
WVALX Omega Ratio Rank: 1
WVALX Calmar Ratio Rank: 1
WVALX Martin Ratio Rank: 1

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.

WBALX vs. WVALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Balanced Fund (WBALX) and Weitz Value Fund (WVALX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WBALX	WVALX	Difference
Sharpe ratio: Return per unit of total volatility	0.42	-0.35	+0.77
Sortino ratio: Return per unit of downside risk	0.66	-0.39	+1.05
Omega ratio: Gain probability vs. loss probability	1.07	0.95	+0.12
Calmar ratio: Return relative to maximum drawdown	0.43	-0.29	+0.72
Martin ratio: Return relative to average drawdown	1.26	-0.76	+2.02

WBALX vs. WVALX - Sharpe Ratio Comparison

The current WBALX Sharpe Ratio is 0.42, which is higher than the WVALX Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of WBALX and WVALX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WBALX vs. WVALX - Drawdown Comparison

The maximum WBALX drawdown since its inception was -43.04%, smaller than the maximum WVALX drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for WBALX and WVALX.

Drawdown Indicators

	WBALX	WVALX	Difference
Max Drawdown Largest peak-to-trough decline	-43.04%	-61.96%	+18.92%
Max Drawdown (1Y) Largest decline over 1 year	-6.02%	-17.45%	+11.43%
Max Drawdown (3Y) Largest decline over 3 years	-6.82%	-19.92%	+13.10%
Max Drawdown (5Y) Largest decline over 5 years	-14.81%	-29.36%	+14.55%
Max Drawdown (10Y) Largest decline over 10 years	-15.93%	-32.57%	+16.64%
Current Drawdown Current decline from peak	-2.80%	-13.33%	+10.53%
Average Drawdown Average peak-to-trough decline	-4.11%	-7.74%	+3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	6.64%	-4.60%

Volatility

WBALX vs. WVALX - Volatility Comparison

The current volatility for Weitz Balanced Fund (WBALX) is 2.13%, while Weitz Value Fund (WVALX) has a volatility of 4.90%. This indicates that WBALX experiences smaller price fluctuations and is considered to be less risky than WVALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBALX	WVALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.13%	4.90%	-2.77%
Volatility (6M) Calculated over the trailing 6-month period	4.89%	11.49%	-6.60%
Volatility (1Y) Calculated over the trailing 1-year period	6.17%	14.54%	-8.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.38%	18.27%	-10.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.71%	18.28%	-10.57%

WBALX vs. WVALX - Expense Ratio Comparison

WBALX has a 0.85% expense ratio, which is lower than WVALX's 1.04% expense ratio.

Dividends

WBALX vs. WVALX - Dividend Comparison

WBALX's dividend yield for the trailing twelve months is around 6.66%, less than WVALX's 23.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WBALX Weitz Balanced Fund	6.66%	4.95%	4.98%	1.11%	1.95%	2.57%	1.08%	1.88%	9.78%	2.72%	3.26%	5.51%
WVALX Weitz Value Fund	23.76%	21.83%	11.03%	5.38%	14.15%	3.77%	9.12%	4.70%	10.95%	7.16%	0.00%	12.93%

Frequently Asked Questions

Can I hold both WBALX and WVALX in my portfolio?

With a correlation of 0.90, WBALX and WVALX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WBALX or WVALX?

WVALX has higher volatility (4.90%) compared to WBALX (2.13%). In terms of maximum drawdown, WBALX dropped -43.04% vs WVALX's -61.96%.

Which has better risk-adjusted returns?

WBALX currently has the higher Sharpe Ratio (0.42 vs -0.35), 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.