WCPB vs. BOND
WCPB (Weitz Core Plus Bond ETF) and BOND (PIMCO Active Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. WCPB charges 0.45%/yr vs 0.54%/yr for BOND.
Performance
WCPB vs. BOND - Performance Comparison
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Returns By Period
In the year-to-date period, WCPB achieves a 1.31% return, which is significantly higher than BOND's 0.71% return.
WCPB
- 1D
- 0.04%
- 1M
- -0.18%
- 6M
- 0.60%
- YTD
- 1.31%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BOND
- 1D
- -0.02%
- 1M
- -0.45%
- 6M
- 0.06%
- YTD
- 0.71%
- 1Y
- 5.71%
- 3Y*
- 4.98%
- 5Y*
- 0.27%
- 10Y*
- 2.08%
WCPB vs. BOND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WCPB Weitz Core Plus Bond ETF | 1.31% | 3.01% |
BOND PIMCO Active Bond ETF | 0.71% | 3.36% |
Correlation
The correlation between WCPB and BOND 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 Aug 13, 2025 | 0.92 |
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Return for Risk
WCPB vs. BOND — Risk / Return Rank
WCPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BOND
WCPB vs. BOND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) and PIMCO Active Bond ETF (BOND). 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.
| WCPB | BOND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.90 | — |
| Martin ratioReturn relative to average drawdown | — | 5.56 | — |
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Drawdowns
WCPB vs. BOND - Drawdown Comparison
The maximum WCPB drawdown since its inception was -2.64%, smaller than the maximum BOND drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for WCPB and BOND.
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Drawdown Indicators
| WCPB | BOND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.64% | -19.71% | +17.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.01% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.71% | — |
Current DrawdownCurrent decline from peak | -0.67% | -1.35% | +0.68% |
Average DrawdownAverage peak-to-trough decline | -0.57% | -3.49% | +2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.03% | — |
Volatility
WCPB vs. BOND - Volatility Comparison
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Volatility by Period
| WCPB | BOND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.34% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.16% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 3.99% | -0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.86% | 5.79% | -1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.86% | 5.10% | -1.24% |
WCPB vs. BOND - Expense Ratio Comparison
WCPB has a 0.45% expense ratio, which is lower than BOND's 0.54% expense ratio.
Dividends
WCPB vs. BOND - Dividend Comparison
WCPB's dividend yield for the trailing twelve months is around 3.58%, less than BOND's 5.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOND PIMCO Active Bond ETF | 5.20% | 5.11% | 5.02% | 4.06% | 3.44% | 2.58% | 2.66% | 3.38% | 3.18% | 2.87% | 2.85% | 4.14% |
WCPB Weitz Core Plus Bond ETF | 3.58% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, WCPB and BOND 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.
On fees, WCPB is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WCPB is cheaper with a 0.45% expense ratio, compared with 0.54% for BOND.
BOND has the higher dividend yield at 5.20%, compared with 3.58% for WCPB.
They also come from different issuers: Weitz and PIMCO. Their fees differ too: 0.45% for WCPB and 0.54% for BOND.
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