WFRPX vs. TLH
Compare and contrast key facts about Wealthfront Risk Parity Fund Class W (WFRPX) and iShares 10-20 Year Treasury Bond ETF (TLH).
WFRPX is managed by Wealthfront. It was launched on Jan 22, 2018. TLH is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 10-20 Year Treasury Bond Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFRPX or TLH.
Key characteristics
| WFRPX | TLH | |
|---|---|---|
| YTD Return | -2.38% | -7.45% |
| 1Y Return | 0.87% | -10.31% |
| 3Y Return (Ann) | -5.51% | -9.13% |
| 5Y Return (Ann) | -1.54% | -3.58% |
| Sharpe Ratio | 0.04 | -0.65 |
| Daily Std Dev | 11.32% | 13.93% |
| Max Drawdown | -42.76% | -41.14% |
| Current Drawdown | -24.17% | -35.99% |
Correlation
The correlation between WFRPX and TLH is 0.33, 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.
Performance
WFRPX vs. TLH - Performance Comparison
In the year-to-date period, WFRPX achieves a -2.38% return, which is significantly higher than TLH's -7.45% 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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WFRPX vs. TLH - Expense Ratio Comparison
WFRPX has a 0.25% expense ratio, which is higher than TLH's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
WFRPX vs. TLH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wealthfront Risk Parity Fund Class W (WFRPX) and iShares 10-20 Year Treasury Bond ETF (TLH). 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
WFRPX vs. TLH - Dividend Comparison
WFRPX's dividend yield for the trailing twelve months is around 4.98%, more than TLH's 4.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFRPX Wealthfront Risk Parity Fund Class W | 4.98% | 4.86% | 1.31% | 3.02% | 0.29% | 3.63% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLH iShares 10-20 Year Treasury Bond ETF | 4.23% | 3.83% | 2.78% | 1.50% | 2.65% | 2.31% | 2.17% | 1.83% | 1.91% | 2.13% | 2.12% | 2.41% |
Drawdowns
WFRPX vs. TLH - Drawdown Comparison
The maximum WFRPX drawdown since its inception was -42.76%, roughly equal to the maximum TLH drawdown of -41.14%. Use the drawdown chart below to compare losses from any high point for WFRPX and TLH. For additional features, visit the drawdowns tool.
Volatility
WFRPX vs. TLH - Volatility Comparison
Wealthfront Risk Parity Fund Class W (WFRPX) and iShares 10-20 Year Treasury Bond ETF (TLH) have volatilities of 3.74% and 3.68%, 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.