WCPB vs. WMSB

Last updated Jul 30, 2026

WCPB (Weitz Core Plus Bond ETF) and WMSB (Weitz Multisector Bond ETF) are both exchange-traded funds - WCPB is a Intermediate Core-Plus Bond fund actively managed by Weitz, while WMSB is a Multisector Bonds fund actively managed by Weitz. Both are actively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. WCPB charges 0.45%/yr vs 0.65%/yr for WMSB.

Performance

WCPB vs. WMSB - Performance Comparison

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

Returns By Period

In the year-to-date period, WCPB achieves a 0.71% return, which is significantly lower than WMSB's 1.62% return.

WCPB

• 1D: -0.38%
• 1M: -1.26%
• 6M: 0.12%
• YTD: 0.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

WMSB

• 1D: -0.19%
• 1M: -0.52%
• 6M: 0.48%
• YTD: 1.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
WCPB Weitz Core Plus Bond ETF	$2.08M	$1.78M	$1.23M
WMSB Weitz Multisector Bond ETF	$4.84K	$566.91K	$206.74K

WCPB vs. WMSB - Yearly Performance Comparison

	2026 (YTD)	2025
WCPB Weitz Core Plus Bond ETF	0.71%	0.46%
WMSB Weitz Multisector Bond ETF	1.62%	1.47%

Correlation

The correlation between WCPB and WMSB is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.76

Return for Risk

WCPB vs. WMSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) and Weitz Multisector Bond ETF (WMSB). 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. WMSB - Drawdown Comparison

The maximum WCPB drawdown since its inception was -2.64%, which is greater than WMSB's maximum drawdown of -1.89%. Use the drawdown chart below to compare losses from any high point for WCPB and WMSB.

Drawdown Indicators

	WCPB	WMSB	Difference
Max Drawdown Largest peak-to-trough decline	-2.64%	-1.89%	-0.75%
Current Drawdown Current decline from peak	-1.26%	-0.56%	-0.70%
Average Drawdown Average peak-to-trough decline	-0.58%	-0.31%	-0.27%

Volatility

Volatility by Period

	WCPB	WMSB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.86%	2.77%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.86%	2.77%	+1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.86%	2.77%	+1.09%

WCPB vs. WMSB - Expense Ratio Comparison

WCPB has a 0.45% expense ratio, which is lower than WMSB's 0.65% expense ratio.

Dividends

WCPB vs. WMSB - Dividend Comparison

WCPB's dividend yield for the trailing twelve months is around 3.60%, more than WMSB's 3.32% yield.

Position	TTM	2025
WCPB Weitz Core Plus Bond ETF	3.60%	1.19%
WMSB Weitz Multisector Bond ETF	3.32%	0.64%

Frequently Asked Questions

Can I hold both WCPB and WMSB in my portfolio?

WCPB and WMSB have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WCPB or WMSB?

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.

Which ETF is cheaper, WCPB or WMSB?

WCPB is cheaper with a 0.45% expense ratio, compared with 0.65% for WMSB.

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

WCPB has the higher dividend yield at 3.60%, compared with 3.32% for WMSB.

What is the main difference between WCPB and WMSB?

WCPB is categorized as Intermediate Core-Plus Bond, while WMSB is Multisector Bonds. Their fees differ too: 0.45% for WCPB and 0.65% for WMSB.