WCPB vs. TPLS
WCPB (Weitz Core Plus Bond ETF) and TPLS (Thornburg Core Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.91 means they have usually moved in the same direction. Both charge a 0.45% expense ratio.
Performance
WCPB vs. TPLS - 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 TPLS's -0.40% return.
WCPB
- 1D
- -0.38%
- 1M
- -1.26%
- 6M
- 0.12%
- YTD
- 0.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TPLS
- 1D
- -0.57%
- 1M
- -1.71%
- 6M
- -0.65%
- YTD
- -0.40%
- 1Y
- 2.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.90K | $305.46K | $136.35K | |
| $2.08M | $1.78M | $1.23M |
WCPB vs. TPLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WCPB Weitz Core Plus Bond ETF | 0.71% | 3.01% |
TPLS Thornburg Core Plus Bond ETF | -0.40% | 2.76% |
Correlation
The correlation between WCPB and TPLS is 0.91, 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 | 0.91 |
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Return for Risk
WCPB vs. TPLS — Risk / Return Rank
WCPB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TPLS
WCPB vs. TPLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) and Thornburg Core Plus Bond ETF (TPLS). 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 | TPLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.13 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.90 | — |
| Martin ratioReturn relative to average drawdown | — | 2.25 | — |
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Drawdowns
WCPB vs. TPLS - Drawdown Comparison
The maximum WCPB drawdown since its inception was -2.64%, smaller than the maximum TPLS drawdown of -3.04%. Use the drawdown chart below to compare losses from any high point for WCPB and TPLS.
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Drawdown Indicators
| WCPB | TPLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.64% | -3.04% | +0.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.04% | — |
Current DrawdownCurrent decline from peak | -1.26% | -2.38% | +1.12% |
Average DrawdownAverage peak-to-trough decline | -0.58% | -0.97% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.22% | — |
Volatility
WCPB vs. TPLS - Volatility Comparison
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Volatility by Period
| WCPB | TPLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.99% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.93% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 3.84% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.86% | 4.46% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.86% | 4.46% | -0.60% |
WCPB vs. TPLS - Expense Ratio Comparison
Both WCPB and TPLS have an expense ratio of 0.45%.
Dividends
WCPB vs. TPLS - Dividend Comparison
WCPB's dividend yield for the trailing twelve months is around 3.60%, less than TPLS's 4.72% yield.
| Position | TTM | 2025 |
|---|---|---|
TPLS Thornburg Core Plus Bond ETF | 4.72% | 4.28% |
WCPB Weitz Core Plus Bond ETF | 3.60% | 1.19% |
Frequently Asked Questions
With a correlation of 0.91, WCPB and TPLS 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.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WCPB and TPLS have the same expense ratio: 0.45% per year.
TPLS has the higher dividend yield at 4.72%, compared with 3.60% for WCPB.
They also come from different issuers: Weitz and Thornburg.
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