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WEFIX vs. FCNVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WEFIX and FCNVX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

WEFIX vs. FCNVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Short Duration Income Fund (WEFIX) and Fidelity Conservative Income Bond Institutional Class (FCNVX). The values are adjusted to include any dividend payments, if applicable.

30.00%35.00%40.00%AugustSeptemberOctoberNovemberDecember2025
43.82%
31.42%
WEFIX
FCNVX

Key characteristics

Sharpe Ratio

WEFIX:

3.56

FCNVX:

4.19

Sortino Ratio

WEFIX:

8.15

FCNVX:

20.20

Omega Ratio

WEFIX:

2.09

FCNVX:

6.83

Calmar Ratio

WEFIX:

9.97

FCNVX:

71.74

Martin Ratio

WEFIX:

28.34

FCNVX:

152.24

Ulcer Index

WEFIX:

0.26%

FCNVX:

0.05%

Daily Std Dev

WEFIX:

2.09%

FCNVX:

1.70%

Max Drawdown

WEFIX:

-5.98%

FCNVX:

-2.19%

Current Drawdown

WEFIX:

0.00%

FCNVX:

-0.00%

Returns By Period

In the year-to-date period, WEFIX achieves a 0.00% return, which is significantly higher than FCNVX's -0.00% return. Over the past 10 years, WEFIX has outperformed FCNVX with an annualized return of 2.83%, while FCNVX has yielded a comparatively lower 2.50% annualized return.


WEFIX

YTD

0.00%

1M

0.47%

6M

2.84%

1Y

7.43%

5Y*

3.74%

10Y*

2.83%

FCNVX

YTD

-0.00%

1M

0.40%

6M

3.51%

1Y

7.19%

5Y*

3.40%

10Y*

2.50%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


WEFIX vs. FCNVX - Expense Ratio Comparison

WEFIX has a 0.48% expense ratio, which is higher than FCNVX's 0.25% expense ratio.


WEFIX
Weitz Short Duration Income Fund
Expense ratio chart for WEFIX: current value at 0.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.48%
Expense ratio chart for FCNVX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

WEFIX vs. FCNVX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WEFIX
The Risk-Adjusted Performance Rank of WEFIX is 9797
Overall Rank
The Sharpe Ratio Rank of WEFIX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of WEFIX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of WEFIX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of WEFIX is 9797
Calmar Ratio Rank
The Martin Ratio Rank of WEFIX is 9696
Martin Ratio Rank

FCNVX
The Risk-Adjusted Performance Rank of FCNVX is 9999
Overall Rank
The Sharpe Ratio Rank of FCNVX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of FCNVX is 100100
Sortino Ratio Rank
The Omega Ratio Rank of FCNVX is 9999
Omega Ratio Rank
The Calmar Ratio Rank of FCNVX is 100100
Calmar Ratio Rank
The Martin Ratio Rank of FCNVX is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WEFIX vs. FCNVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Short Duration Income Fund (WEFIX) and Fidelity Conservative Income Bond Institutional Class (FCNVX). 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.


Sharpe ratio
The chart of Sharpe ratio for WEFIX, currently valued at 3.56, compared to the broader market-1.000.001.002.003.004.003.564.19
The chart of Sortino ratio for WEFIX, currently valued at 8.15, compared to the broader market0.005.0010.008.1520.20
The chart of Omega ratio for WEFIX, currently valued at 2.09, compared to the broader market1.002.003.004.002.096.83
The chart of Calmar ratio for WEFIX, currently valued at 9.97, compared to the broader market0.005.0010.0015.0020.009.9771.74
The chart of Martin ratio for WEFIX, currently valued at 28.34, compared to the broader market0.0020.0040.0060.0080.0028.34152.24
WEFIX
FCNVX

The current WEFIX Sharpe Ratio is 3.56, which is comparable to the FCNVX Sharpe Ratio of 4.19. The chart below compares the historical Sharpe Ratios of WEFIX and FCNVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio3.504.004.505.00AugustSeptemberOctoberNovemberDecember2025
3.56
4.19
WEFIX
FCNVX

Dividends

WEFIX vs. FCNVX - Dividend Comparison

WEFIX's dividend yield for the trailing twelve months is around 6.20%, less than FCNVX's 6.82% yield.


TTM20242023202220212020201920182017201620152014
WEFIX
Weitz Short Duration Income Fund
6.20%6.62%7.90%2.47%1.70%2.38%2.49%2.41%2.11%2.13%2.05%1.95%
FCNVX
Fidelity Conservative Income Bond Institutional Class
6.82%6.82%6.25%2.15%0.29%1.01%2.46%2.55%1.30%0.93%0.54%0.39%

Drawdowns

WEFIX vs. FCNVX - Drawdown Comparison

The maximum WEFIX drawdown since its inception was -5.98%, which is greater than FCNVX's maximum drawdown of -2.19%. Use the drawdown chart below to compare losses from any high point for WEFIX and FCNVX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%AugustSeptemberOctoberNovemberDecember20250
-0.00%
WEFIX
FCNVX

Volatility

WEFIX vs. FCNVX - Volatility Comparison

Weitz Short Duration Income Fund (WEFIX) has a higher volatility of 0.54% compared to Fidelity Conservative Income Bond Institutional Class (FCNVX) at 0.42%. This indicates that WEFIX's price experiences larger fluctuations and is considered to be riskier than FCNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%0.60%0.70%0.80%AugustSeptemberOctoberNovemberDecember2025
0.54%
0.42%
WEFIX
FCNVX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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