WCPB vs. FIXD
WCPB (Weitz Core Plus Bond ETF) and FIXD (First Trust Smith Opportunistic Fixed Income ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.93 means they have usually moved in the same direction. WCPB charges 0.45%/yr vs 0.65%/yr for FIXD.
Performance
WCPB vs. FIXD - Performance Comparison
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Returns By Period
In the year-to-date period, WCPB achieves a 0.71% return, which is significantly higher than FIXD's -0.75% return.
WCPB
- 1D
- -0.38%
- 1M
- -1.26%
- 6M
- 0.12%
- YTD
- 0.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FIXD
- 1D
- -0.46%
- 1M
- -1.83%
- 6M
- -0.92%
- YTD
- -0.75%
- 1Y
- 2.73%
- 3Y*
- 3.74%
- 5Y*
- -0.85%
- 10Y*
- —
- ALL TIME*
- 1.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.30M | $12.49M | $17.17M | |
| $2.08M | $1.78M | $1.23M |
WCPB vs. FIXD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WCPB Weitz Core Plus Bond ETF | 0.71% | 3.01% |
FIXD First Trust Smith Opportunistic Fixed Income ETF | -0.75% | 3.04% |
Correlation
The correlation between WCPB and FIXD is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025 | 0.93 |
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Return for Risk
WCPB vs. FIXD — Risk / Return Rank
WCPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIXD
WCPB vs. FIXD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) and First Trust Smith Opportunistic Fixed Income ETF (FIXD). 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 | FIXD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.85 | — |
| Martin ratioReturn relative to average drawdown | — | 2.20 | — |
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Drawdowns
WCPB vs. FIXD - Drawdown Comparison
The maximum WCPB drawdown since its inception was -2.64%, smaller than the maximum FIXD drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for WCPB and FIXD.
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Drawdown Indicators
| WCPB | FIXD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.64% | -20.44% | +17.80% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.21% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.44% | — |
Current DrawdownCurrent decline from peak | -1.26% | -4.43% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -0.58% | -5.47% | +4.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.24% | — |
Volatility
WCPB vs. FIXD - Volatility Comparison
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Volatility by Period
| WCPB | FIXD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.14% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 4.16% | -0.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.86% | 6.61% | -2.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.86% | 5.81% | -1.95% |
WCPB vs. FIXD - Expense Ratio Comparison
WCPB has a 0.45% expense ratio, which is lower than FIXD's 0.65% expense ratio.
Dividends
WCPB vs. FIXD - Dividend Comparison
WCPB's dividend yield for the trailing twelve months is around 3.60%, less than FIXD's 4.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FIXD First Trust Smith Opportunistic Fixed Income ETF | 4.80% | 4.50% | 4.56% | 3.93% | 3.07% | 1.74% | 3.14% | 5.10% | 2.81% | 1.95% |
WCPB Weitz Core Plus Bond ETF | 3.60% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, WCPB and FIXD 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 0.65% for FIXD.
FIXD has the higher dividend yield at 4.80%, compared with 3.60% for WCPB.
They also come from different issuers: Weitz and First Trust. Their fees differ too: 0.45% for WCPB and 0.65% for FIXD.
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