WDI vs. BLW
WDI (Western Asset Diversified Income Fund) is Multisector Bonds fund managed by Franklin Templeton, while BLW (BlackRock Limited Duration Income Trust) is a stock. Over the past 5 years, WDI returned 2.57%/yr vs 2.59%/yr for BLW. Their 0.45 correlation means their historical movements had little consistent relationship.
Performance
WDI vs. BLW - Performance Comparison
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Returns By Period
In the year-to-date period, WDI achieves a 0.85% return, which is significantly higher than BLW's -3.06% return.
WDI
- 1D
- -0.46%
- 1M
- -3.68%
- 6M
- -0.09%
- YTD
- 0.85%
- 1Y
- -0.88%
- 3Y*
- 10.92%
- 5Y*
- 2.57%
- 10Y*
- —
- ALL TIME*
- 2.79%
BLW
- 1D
- -0.08%
- 1M
- 0.90%
- 6M
- -3.79%
- YTD
- -3.06%
- 1Y
- -1.77%
- 3Y*
- 8.34%
- 5Y*
- 2.59%
- 10Y*
- 6.19%
- ALL TIME*
- 6.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.22M | $2.31M | $1.95M | |
| $2.79M | $2.54M | $2.49M |
WDI vs. BLW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WDI Western Asset Diversified Income Fund | 0.85% | 10.64% | 13.88% | 25.11% | -23.30% | -5.61% |
BLW BlackRock Limited Duration Income Trust | -3.06% | 7.17% | 11.06% | 17.29% | -15.92% | 3.19% |
Correlation
The correlation between WDI and BLW is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021 | 0.45 |
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Return for Risk
WDI vs. BLW — Risk / Return Rank
WDI
BLW
WDI vs. BLW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Diversified Income Fund (WDI) and BlackRock Limited Duration Income Trust (BLW). 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.
| WDI | BLW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.97 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | -0.16 | +0.05 |
| Martin ratioReturn relative to average drawdown | -0.25 | -0.41 | +0.16 |
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Drawdowns
WDI vs. BLW - Drawdown Comparison
The maximum WDI drawdown since its inception was -32.45%, smaller than the maximum BLW drawdown of -44.13%. Use the drawdown chart below to compare losses from any high point for WDI and BLW.
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Drawdown Indicators
| WDI | BLW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.45% | -44.13% | +11.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -11.19% | +2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -14.14% | -11.19% | -2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -32.45% | -26.30% | -6.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.85% | — |
Current DrawdownCurrent decline from peak | -4.31% | -5.13% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -10.16% | -6.04% | -4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 4.31% | -0.77% |
Volatility
WDI vs. BLW - Volatility Comparison
Western Asset Diversified Income Fund (WDI) has a higher volatility of 2.96% compared to BlackRock Limited Duration Income Trust (BLW) at 1.94%. This indicates that WDI's price experiences larger fluctuations and is considered to be riskier than BLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDI | BLW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.96% | 1.94% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.95% | 7.23% | +0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.75% | 8.21% | +1.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.99% | 12.32% | +0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.88% | 14.58% | -1.70% |
Dividends
WDI vs. BLW - Dividend Comparison
WDI's dividend yield for the trailing twelve months is around 13.67%, more than BLW's 10.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLW BlackRock Limited Duration Income Trust | 10.84% | 9.89% | 9.39% | 8.63% | 8.26% | 6.99% | 7.39% | 6.27% | 7.14% | 6.24% | 9.68% | 8.26% |
WDI Western Asset Diversified Income Fund | 13.67% | 13.98% | 12.32% | 11.45% | 11.40% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WDI and BLW have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDI has higher volatility (2.96%) compared to BLW (1.94%). In terms of maximum drawdown, WDI dropped -32.45% vs BLW's -44.13%.
WDI currently has the higher Sharpe Ratio (-0.09 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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