WBREOX vs. TANDX

Last updated Apr 1, 2026

Compare and contrast key facts about CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and Castle Tandem Fund (TANDX).

WBREOX is a passively managed fund by BlackRock that tracks the performance of the S&P 500. It was launched on Jul 24, 2017. TANDX is managed by Castle Investment Management. It was launched on Mar 15, 2019.

Performance

WBREOX vs. TANDX - Performance Comparison

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

WBREOX vs. TANDX - Yearly Performance Comparison

	2026 (YTD)	2025
WBREOX CIT: BlackRock Equity Index Fund Class 1	-7.06%	16.64%
TANDX Castle Tandem Fund	-9.28%	3.62%

Returns By Period

In the year-to-date period, WBREOX achieves a -7.06% return, which is significantly higher than TANDX's -9.28% return.

WBREOX

• 1D: -0.39%
• 1M: -7.68%
• YTD: -7.06%
• 6M: -4.59%
• 1Y: 14.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TANDX

• 1D: 0.79%
• 1M: -6.24%
• YTD: -9.28%
• 6M: -10.00%
• 1Y: -10.50%
• 3Y*: 2.42%
• 5Y*: 3.29%
• 10Y*: —

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

WBREOX vs. TANDX - Expense Ratio Comparison

WBREOX has a 0.02% expense ratio, which is lower than TANDX's 1.59% expense ratio.

TANDX

Castle Tandem Fund

WBREOX

CIT: BlackRock Equity Index Fund Class 1

Return for Risk

WBREOX vs. TANDX — Risk / Return Rank

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

WBREOX

WBREOX Risk / Return Rank: 28
WBREOX Sharpe Ratio Rank: 33
WBREOX Sortino Ratio Rank: 41
WBREOX Omega Ratio Rank: 40
WBREOX Calmar Ratio Rank: 12
WBREOX Martin Ratio Rank: 13

TANDX

TANDX Risk / Return Rank: 0
TANDX Sharpe Ratio Rank: 1
TANDX Sortino Ratio Rank: 0
TANDX Omega Ratio Rank: 1
TANDX Calmar Ratio Rank: 0
TANDX Martin Ratio Rank: 0

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. TANDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and Castle Tandem Fund (TANDX). 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.

	WBREOX	TANDX	Difference
Sharpe ratio Return per unit of total volatility	0.78	-0.81	+1.59
Sortino ratio Return per unit of downside risk	1.31	-1.07	+2.38
Omega ratio Gain probability vs. loss probability	1.19	0.86	+0.32
Calmar ratio Return relative to maximum drawdown	0.30	-0.79	+1.09
Martin ratio Return relative to average drawdown	1.17	-2.33	+3.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WBREOX vs. TANDX - Sharpe Ratio Comparison

The current WBREOX Sharpe Ratio is 0.78, which is higher than the TANDX Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of WBREOX and TANDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WBREOX	TANDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	-0.81	+1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.01	+0.39

Correlation

The correlation between WBREOX and TANDX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WBREOX vs. TANDX - Dividend Comparison

WBREOX has not paid dividends to shareholders, while TANDX's dividend yield for the trailing twelve months is around 6.80%.

	TTM	2025	2024	2023	2022	2021	2020	2019
WBREOX CIT: BlackRock Equity Index Fund Class 1	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TANDX Castle Tandem Fund	6.80%	6.17%	3.71%	2.10%	1.48%	4.57%	0.33%	0.37%

Drawdowns

WBREOX vs. TANDX - Drawdown Comparison

The maximum WBREOX drawdown since its inception was -19.07%, smaller than the maximum TANDX drawdown of -95.17%. Use the drawdown chart below to compare losses from any high point for WBREOX and TANDX.

Drawdown Indicators

	WBREOX	TANDX	Difference
Max Drawdown Largest peak-to-trough decline	-19.07%	-95.17%	+76.10%
Max Drawdown (1Y) Largest decline over 1 year	-12.12%	-13.14%	+1.02%
Max Drawdown (5Y) Largest decline over 5 years	—	-95.17%	—
Current Drawdown Current decline from peak	-8.89%	-95.13%	+86.24%
Average Drawdown Average peak-to-trough decline	-2.86%	-18.89%	+16.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.97%	4.43%	+0.54%

Volatility

WBREOX vs. TANDX - Volatility Comparison

CIT: BlackRock Equity Index Fund Class 1 (WBREOX) has a higher volatility of 4.24% compared to Castle Tandem Fund (TANDX) at 3.00%. This indicates that WBREOX's price experiences larger fluctuations and is considered to be riskier than TANDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBREOX	TANDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	3.00%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	9.22%	7.28%	+1.94%
Volatility (1Y) Calculated over the trailing 1-year period	19.88%	12.04%	+7.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.36%	1,010.25%	-990.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.36%	852.68%	-833.32%