WCPNX vs. TLT
Compare and contrast key facts about Weitz Core Plus Income Fund (WCPNX) and iShares 20+ Year Treasury Bond ETF (TLT).
WCPNX is managed by Weitz. It was launched on Jul 31, 2014. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCPNX or TLT.
Key characteristics
WCPNX | TLT | |
---|---|---|
YTD Return | 6.13% | 3.41% |
1Y Return | 10.86% | 11.62% |
3Y Return (Ann) | 0.86% | -10.00% |
5Y Return (Ann) | 3.00% | -4.57% |
10Y Return (Ann) | 3.46% | 1.08% |
Sharpe Ratio | 1.78 | 0.65 |
Daily Std Dev | 5.96% | 16.74% |
Max Drawdown | -13.61% | -48.35% |
Current Drawdown | -0.50% | -35.57% |
Correlation
The correlation between WCPNX and TLT 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. TLT - Performance Comparison
In the year-to-date period, WCPNX achieves a 6.13% return, which is significantly higher than TLT's 3.41% return. Over the past 10 years, WCPNX has outperformed TLT with an annualized return of 3.46%, while TLT has yielded a comparatively lower 1.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WCPNX vs. TLT - Expense Ratio Comparison
WCPNX has a 0.89% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
WCPNX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Income Fund (WCPNX) and iShares 20+ Year Treasury Bond ETF (TLT). 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. TLT - Dividend Comparison
WCPNX's dividend yield for the trailing twelve months is around 5.13%, more than TLT's 3.63% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Weitz Core Plus Income Fund | 5.13% | 5.73% | 3.07% | 2.52% | 5.07% | 2.95% | 2.55% | 2.41% | 3.72% | 1.96% | 0.58% | 0.00% |
iShares 20+ Year Treasury Bond ETF | 3.63% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
WCPNX vs. TLT - Drawdown Comparison
The maximum WCPNX drawdown since its inception was -13.61%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for WCPNX and TLT. For additional features, visit the drawdowns tool.
Volatility
WCPNX vs. TLT - Volatility Comparison
The current volatility for Weitz Core Plus Income Fund (WCPNX) is 1.08%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.46%. This indicates that WCPNX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.