WCPB vs. BNDP

Last updated Jul 10, 2026

WCPB (Weitz Core Plus Bond ETF) and BNDP (Vanguard Core-Plus Bond Index ETF) are both Intermediate Core-Plus Bond funds. WCPB is actively managed, while BNDP is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. WCPB charges 0.45%/yr vs 0.05%/yr for BNDP.

Performance

WCPB vs. BNDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Core Plus Bond ETF (WCPB) and Vanguard Core-Plus Bond Index ETF (BNDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCPB achieves a 1.23% return, which is significantly higher than BNDP's 0.29% return.

WCPB

• 1D: 0.22%
• 1M: 0.50%
• 6M: 1.07%
• YTD: 1.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDP

• 1D: 0.16%
• 1M: 0.19%
• 6M: 0.28%
• YTD: 0.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WCPB vs. BNDP - Yearly Performance Comparison

	2026 (YTD)	2025
WCPB Weitz Core Plus Bond ETF	1.23%	0.15%
BNDP Vanguard Core-Plus Bond Index ETF	0.29%	0.08%

Correlation

The correlation between WCPB and BNDP is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.92

Return for Risk

WCPB vs. BNDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) and Vanguard Core-Plus Bond Index ETF (BNDP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

WCPB vs. BNDP - Drawdown Comparison

The maximum WCPB drawdown since its inception was -2.64%, roughly equal to the maximum BNDP drawdown of -2.60%. Use the drawdown chart below to compare losses from any high point for WCPB and BNDP.

Drawdown Indicators

	WCPB	BNDP	Difference
Max Drawdown Largest peak-to-trough decline	-2.64%	-2.60%	-0.04%
Current Drawdown Current decline from peak	-0.75%	-1.35%	+0.60%
Average Drawdown Average peak-to-trough decline	-0.56%	-0.90%	+0.34%

Volatility

Volatility by Period

	WCPB	BNDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.88%	3.67%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.88%	3.67%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.88%	3.67%	+0.21%

WCPB vs. BNDP - Expense Ratio Comparison

WCPB has a 0.45% expense ratio, which is higher than BNDP's 0.05% expense ratio.

Dividends

WCPB vs. BNDP - Dividend Comparison

WCPB's dividend yield for the trailing twelve months is around 3.58%, more than BNDP's 2.45% yield.

Position	TTM	2025
BNDP Vanguard Core-Plus Bond Index ETF	2.45%	0.24%
WCPB Weitz Core Plus Bond ETF	3.58%	1.19%

Frequently Asked Questions

Can I hold both WCPB and BNDP in my portfolio?

With a correlation of 0.92, WCPB and BNDP 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 ETF is better, WCPB or BNDP?

On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WCPB or BNDP?

BNDP is cheaper with a 0.05% expense ratio, compared with 0.45% for WCPB.

Which ETF pays a higher dividend yield, WCPB or BNDP?

WCPB has the higher dividend yield at 3.58%, compared with 2.45% for BNDP.

What is the main difference between WCPB and BNDP?

They also come from different issuers: Weitz and Vanguard. Their fees differ too: 0.45% for WCPB and 0.05% for BNDP.