WBREOX vs. SOPAX

Last updated Jul 17, 2026

WBREOX (CIT: BlackRock Equity Index Fund Class 1) and SOPAX (ClearBridge Dividend Strategy Fund) are both Large Cap Blend Equities funds. Over the past year, WBREOX returned 21.85% vs 16.29% for SOPAX. A 0.51 correlation means they provide meaningful diversification when combined. WBREOX charges 0.02%/yr vs 1.02%/yr for SOPAX.

Performance

WBREOX vs. SOPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and ClearBridge Dividend Strategy Fund (SOPAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBREOX achieves a 10.88% return, which is significantly higher than SOPAX's 9.14% return.

WBREOX

• 1D: 0.38%
• 1M: 0.49%
• 6M: 9.25%
• YTD: 10.88%
• 1Y: 21.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOPAX

• 1D: 0.32%
• 1M: 1.93%
• 6M: 7.37%
• YTD: 9.14%
• 1Y: 16.29%
• 3Y*: 14.42%
• 5Y*: 10.55%
• 10Y*: 11.97%

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

WBREOX vs. SOPAX - Yearly Performance Comparison

	2026 (YTD)	2025
WBREOX CIT: BlackRock Equity Index Fund Class 1	10.88%	16.64%
SOPAX ClearBridge Dividend Strategy Fund	9.14%	12.54%

Correlation

The correlation between WBREOX and SOPAX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.51

The correlation between WBREOX and SOPAX has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.

Return for Risk

WBREOX vs. SOPAX — Risk / Return Rank

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

WBREOX

WBREOX Risk / Return Rank: 74
WBREOX Sharpe Ratio Rank: 72
WBREOX Sortino Ratio Rank: 71
WBREOX Omega Ratio Rank: 67
WBREOX Calmar Ratio Rank: 75
WBREOX Martin Ratio Rank: 83

SOPAX

SOPAX Risk / Return Rank: 58
SOPAX Sharpe Ratio Rank: 65
SOPAX Sortino Ratio Rank: 67
SOPAX Omega Ratio Rank: 60
SOPAX Calmar Ratio Rank: 46
SOPAX Martin Ratio Rank: 51

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.

WBREOX vs. SOPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and ClearBridge Dividend Strategy Fund (SOPAX). 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.

	WBREOX	SOPAX	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.80	+0.10
Sortino ratio: Return per unit of downside risk	2.70	2.59	+0.11
Omega ratio: Gain probability vs. loss probability	1.34	1.32	+0.02
Calmar ratio: Return relative to maximum drawdown	2.75	2.11	+0.64
Martin ratio: Return relative to average drawdown	11.78	8.38	+3.40

WBREOX vs. SOPAX - Sharpe Ratio Comparison

The current WBREOX Sharpe Ratio is 1.90, which is comparable to the SOPAX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of WBREOX and SOPAX, 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

WBREOX vs. SOPAX - Drawdown Comparison

The maximum WBREOX drawdown since its inception was -19.07%, smaller than the maximum SOPAX drawdown of -46.78%. Use the drawdown chart below to compare losses from any high point for WBREOX and SOPAX.

Drawdown Indicators

	WBREOX	SOPAX	Difference
Max Drawdown Largest peak-to-trough decline	-19.07%	-46.78%	+27.71%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-8.04%	-0.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.72%	—
Current Drawdown Current decline from peak	-0.74%	0.00%	-0.74%
Average Drawdown Average peak-to-trough decline	-2.54%	-4.87%	+2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	2.02%	-0.05%

Volatility

WBREOX vs. SOPAX - Volatility Comparison

CIT: BlackRock Equity Index Fund Class 1 (WBREOX) has a higher volatility of 3.62% compared to ClearBridge Dividend Strategy Fund (SOPAX) at 2.65%. This indicates that WBREOX's price experiences larger fluctuations and is considered to be riskier than SOPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBREOX	SOPAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	2.65%	+0.97%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	7.18%	+2.74%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	9.49%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	14.23%	+4.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.37%	16.34%	+2.03%

WBREOX vs. SOPAX - Expense Ratio Comparison

WBREOX has a 0.02% expense ratio, which is lower than SOPAX's 1.02% expense ratio.

Dividends

WBREOX vs. SOPAX - Dividend Comparison

WBREOX has not paid dividends to shareholders, while SOPAX's dividend yield for the trailing twelve months is around 11.87%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOPAX ClearBridge Dividend Strategy Fund	11.87%	13.65%	9.54%	9.20%	5.68%	9.93%	1.76%	7.32%	6.56%	6.75%	3.03%	1.53%
WBREOX CIT: BlackRock Equity Index Fund Class 1	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WBREOX and SOPAX in my portfolio?

WBREOX and SOPAX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBREOX or SOPAX?

WBREOX has higher volatility (3.62%) compared to SOPAX (2.65%). In terms of maximum drawdown, WBREOX dropped -19.07% vs SOPAX's -46.78%.

Which has better risk-adjusted returns?

WBREOX currently has the higher Sharpe Ratio (1.90 vs 1.80), 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.