WCPNX vs. FTBFX
Compare and contrast key facts about Weitz Core Plus Income Fund (WCPNX) and Fidelity Total Bond Fund (FTBFX).
WCPNX is managed by Weitz. It was launched on Jul 31, 2014. FTBFX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCPNX or FTBFX.
Performance
WCPNX vs. FTBFX - Performance Comparison
Returns By Period
In the year-to-date period, WCPNX achieves a 4.16% return, which is significantly higher than FTBFX's 3.89% return. Over the past 10 years, WCPNX has outperformed FTBFX with an annualized return of 2.67%, while FTBFX has yielded a comparatively lower 2.00% annualized return.
WCPNX
4.16%
0.51%
4.46%
7.95%
2.03%
2.67%
FTBFX
3.89%
0.37%
4.85%
8.49%
0.64%
2.00%
Key characteristics
| WCPNX | FTBFX | |
|---|---|---|
| Sharpe Ratio | 1.50 | 1.22 |
| Sortino Ratio | 2.27 | 1.83 |
| Omega Ratio | 1.27 | 1.22 |
| Calmar Ratio | 1.10 | 0.60 |
| Martin Ratio | 5.55 | 4.40 |
| Ulcer Index | 1.43% | 1.52% |
| Daily Std Dev | 5.32% | 5.56% |
| Max Drawdown | -13.87% | -18.19% |
| Current Drawdown | -2.35% | -4.87% |
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WCPNX vs. FTBFX - Expense Ratio Comparison
WCPNX has a 0.89% expense ratio, which is higher than FTBFX's 0.45% expense ratio.
Correlation
The correlation between WCPNX and FTBFX is 0.87, 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.
Risk-Adjusted Performance
WCPNX vs. FTBFX - 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 Fund (FTBFX). 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. FTBFX - Dividend Comparison
WCPNX's dividend yield for the trailing twelve months is around 5.21%, more than FTBFX's 4.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WCPNX Weitz Core Plus Income Fund | 5.21% | 5.73% | 2.93% | 2.23% | 3.31% | 2.72% | 2.55% | 2.11% | 2.43% | 1.78% | 0.58% | 0.00% |
FTBFX Fidelity Total Bond Fund | 4.59% | 4.15% | 3.34% | 2.19% | 2.53% | 2.95% | 3.19% | 2.74% | 2.95% | 3.71% | 2.99% | 3.91% |
Drawdowns
WCPNX vs. FTBFX - Drawdown Comparison
The maximum WCPNX drawdown since its inception was -13.87%, smaller than the maximum FTBFX drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for WCPNX and FTBFX. For additional features, visit the drawdowns tool.
Volatility
WCPNX vs. FTBFX - Volatility Comparison
Weitz Core Plus Income Fund (WCPNX) and Fidelity Total Bond Fund (FTBFX) have volatilities of 1.56% and 1.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.