WMBLX vs. WMKMX
WMBLX (WesMark Balanced Fund) and WMKMX (WesMark West Virginia Municipal Bond Fund) are both mutual funds - WMBLX is a Diversified Portfolio fund managed by WesMark, while WMKMX is a Municipal Bonds fund managed by WesMark. Over the past 10 years, WMBLX returned 7.43%/yr vs 1.19%/yr for WMKMX. At a correlation of -0.03, they often move in opposite directions. WMBLX charges 1.24%/yr vs 1.10%/yr for WMKMX.
Performance
WMBLX vs. WMKMX - Performance Comparison
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Returns By Period
In the year-to-date period, WMBLX achieves a 8.91% return, which is significantly higher than WMKMX's 1.20% return. Over the past 10 years, WMBLX has outperformed WMKMX with an annualized return of 7.43%, while WMKMX has yielded a comparatively lower 1.19% annualized return.
WMBLX
- 1D
- 0.41%
- 1M
- 0.76%
- YTD
- 8.91%
- 6M
- 8.74%
- 1Y
- 19.96%
- 3Y*
- 11.18%
- 5Y*
- 6.68%
- 10Y*
- 7.43%
WMKMX
- 1D
- 0.10%
- 1M
- 1.63%
- YTD
- 1.20%
- 6M
- 1.51%
- 1Y
- 7.32%
- 3Y*
- 3.22%
- 5Y*
- 0.40%
- 10Y*
- 1.19%
WMBLX vs. WMKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMBLX WesMark Balanced Fund | 8.91% | 10.81% | 9.28% | 4.97% | -7.22% | 15.85% | 2.82% | 20.32% | -4.61% | 10.77% |
WMKMX WesMark West Virginia Municipal Bond Fund | 1.20% | 5.50% | -0.01% | 4.08% | -8.45% | 0.17% | 3.56% | 4.83% | 0.32% | 3.97% |
Correlation
The correlation between WMBLX and WMKMX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 1998 | -0.03 |
The correlation between WMBLX and WMKMX shifts across timeframes, from -0.03 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WMBLX vs. WMKMX — Risk / Return Rank
WMBLX
WMKMX
WMBLX vs. WMKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WesMark Balanced Fund (WMBLX) and WesMark West Virginia Municipal Bond Fund (WMKMX). 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.
| WMBLX | WMKMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.58 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 2.16 | +1.89 |
| Martin ratioReturn relative to average drawdown | 16.36 | 7.00 | +9.36 |
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Drawdowns
WMBLX vs. WMKMX - Drawdown Comparison
The maximum WMBLX drawdown since its inception was -35.88%, which is greater than WMKMX's maximum drawdown of -14.06%. Use the drawdown chart below to compare losses from any high point for WMBLX and WMKMX.
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Drawdown Indicators
| WMBLX | WMKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.88% | -14.06% | -21.82% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -3.35% | -1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -11.57% | -7.26% | -4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -17.77% | -14.06% | -3.71% |
Max Drawdown (10Y)Largest decline over 10 years | -23.30% | -14.06% | -9.24% |
Current DrawdownCurrent decline from peak | -1.15% | -0.87% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -6.37% | -1.66% | -4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.03% | +0.20% |
Volatility
WMBLX vs. WMKMX - Volatility Comparison
WesMark Balanced Fund (WMBLX) has a higher volatility of 2.93% compared to WesMark West Virginia Municipal Bond Fund (WMKMX) at 0.76%. This indicates that WMBLX's price experiences larger fluctuations and is considered to be riskier than WMKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMBLX | WMKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 0.76% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | 2.24% | +3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.41% | 2.95% | +4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.26% | 4.26% | +6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.85% | 3.62% | +7.23% |
WMBLX vs. WMKMX - Expense Ratio Comparison
WMBLX has a 1.24% expense ratio, which is higher than WMKMX's 1.10% expense ratio.
Dividends
WMBLX vs. WMKMX - Dividend Comparison
WMBLX's dividend yield for the trailing twelve months is around 6.89%, more than WMKMX's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMBLX WesMark Balanced Fund | 6.89% | 7.70% | 9.82% | 4.70% | 3.78% | 6.03% | 1.63% | 6.20% | 5.83% | 4.32% | 3.80% | 6.73% |
WMKMX WesMark West Virginia Municipal Bond Fund | 2.32% | 2.24% | 2.04% | 1.80% | 1.22% | 1.57% | 1.91% | 1.95% | 1.84% | 2.16% | 2.12% | 2.02% |
Frequently Asked Questions
WMBLX and WMKMX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMBLX has higher volatility (2.93%) compared to WMKMX (0.76%). In terms of maximum drawdown, WMBLX dropped -35.88% vs WMKMX's -14.06%.
WMBLX currently has the higher Sharpe Ratio (2.72 vs 2.45), 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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