WCPNX vs. FBND
Compare and contrast key facts about Weitz Core Plus Income Fund (WCPNX) and Fidelity Total Bond ETF (FBND).
WCPNX is managed by Weitz. It was launched on Jul 31, 2014. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCPNX or FBND.
Correlation
The correlation between WCPNX and FBND is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WCPNX vs. FBND - Performance Comparison
Key characteristics
WCPNX:
1.21
FBND:
0.62
WCPNX:
1.81
FBND:
0.90
WCPNX:
1.22
FBND:
1.11
WCPNX:
1.58
FBND:
0.32
WCPNX:
3.76
FBND:
1.70
WCPNX:
1.68%
FBND:
1.99%
WCPNX:
5.23%
FBND:
5.48%
WCPNX:
-13.87%
FBND:
-17.25%
WCPNX:
-2.46%
FBND:
-5.09%
Returns By Period
In the year-to-date period, WCPNX achieves a 0.42% return, which is significantly lower than FBND's 0.47% return. Over the past 10 years, WCPNX has outperformed FBND with an annualized return of 3.10%, while FBND has yielded a comparatively lower 2.05% annualized return.
WCPNX
0.42%
0.42%
0.20%
5.32%
2.84%
3.10%
FBND
0.47%
0.47%
0.01%
2.89%
0.53%
2.05%
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WCPNX vs. FBND - Expense Ratio Comparison
WCPNX has a 0.89% expense ratio, which is higher than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
WCPNX vs. FBND — Risk-Adjusted Performance Rank
WCPNX
FBND
WCPNX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Income Fund (WCPNX) and Fidelity Total Bond ETF (FBND). 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.
Dividends
WCPNX vs. FBND - Dividend Comparison
WCPNX's dividend yield for the trailing twelve months is around 6.51%, more than FBND's 4.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WCPNX Weitz Core Plus Income Fund | 6.51% | 7.42% | 9.41% | 2.93% | 2.23% | 3.31% | 2.72% | 2.55% | 2.11% | 2.43% | 1.78% | 0.58% |
FBND Fidelity Total Bond ETF | 4.32% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
WCPNX vs. FBND - Drawdown Comparison
The maximum WCPNX drawdown since its inception was -13.87%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for WCPNX and FBND. For additional features, visit the drawdowns tool.
Volatility
WCPNX vs. FBND - Volatility Comparison
The current volatility for Weitz Core Plus Income Fund (WCPNX) is 1.35%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.47%. This indicates that WCPNX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.