WMKMX vs. DNYMX
WMKMX (WesMark West Virginia Municipal Bond Fund) and DNYMX (DFA NY Municipal Bond Portfolio) are both Municipal Bonds funds. Over the past 10 years, WMKMX returned 1.23%/yr vs 1.34%/yr for DNYMX. At a 0.44 correlation, their price movements are largely independent. WMKMX charges 1.10%/yr vs 0.25%/yr for DNYMX.
Performance
WMKMX vs. DNYMX - Performance Comparison
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Returns By Period
In the year-to-date period, WMKMX achieves a 1.09% return, which is significantly higher than DNYMX's 0.98% return. Over the past 10 years, WMKMX has underperformed DNYMX with an annualized return of 1.23%, while DNYMX has yielded a comparatively higher 1.34% annualized return.
WMKMX
- 1D
- 0.20%
- 1M
- 0.61%
- YTD
- 1.09%
- 6M
- 1.51%
- 1Y
- 7.90%
- 3Y*
- 3.29%
- 5Y*
- 0.39%
- 10Y*
- 1.23%
DNYMX
- 1D
- 0.00%
- 1M
- 0.20%
- YTD
- 0.98%
- 6M
- 1.21%
- 1Y
- 2.99%
- 3Y*
- 2.82%
- 5Y*
- 1.59%
- 10Y*
- 1.34%
WMKMX vs. DNYMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMKMX WesMark West Virginia Municipal Bond Fund | 1.09% | 5.50% | -0.01% | 4.08% | -8.45% | 0.17% | 3.56% | 4.83% | 0.32% | 3.97% |
DNYMX DFA NY Municipal Bond Portfolio | 0.98% | 2.69% | 2.87% | 2.76% | -1.17% | -0.10% | 1.26% | 2.42% | 1.02% | 1.74% |
Correlation
The correlation between WMKMX and DNYMX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.44 |
Over the past year, the correlation between WMKMX and DNYMX has dropped to 0.19 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
WMKMX vs. DNYMX — Risk / Return Rank
WMKMX
DNYMX
WMKMX vs. DNYMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WesMark West Virginia Municipal Bond Fund (WMKMX) and DFA NY Municipal Bond Portfolio (DNYMX). 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.
| WMKMX | DNYMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -6.44 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 4.18 | -2.55 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 12.55 | -10.22 |
| Martin ratioReturn relative to average drawdown | 7.74 | 56.41 | -48.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WMKMX | DNYMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 4.63 | -2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 1.82 | -1.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 1.28 | -0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 1.33 | -0.33 |
Drawdowns
WMKMX vs. DNYMX - Drawdown Comparison
The maximum WMKMX drawdown since its inception was -14.06%, which is greater than DNYMX's maximum drawdown of -3.19%. Use the drawdown chart below to compare losses from any high point for WMKMX and DNYMX.
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Drawdown Indicators
| WMKMX | DNYMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.06% | -3.19% | -10.87% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -0.24% | -3.11% |
Max Drawdown (3Y)Largest decline over 3 years | -7.26% | -0.98% | -6.28% |
Max Drawdown (5Y)Largest decline over 5 years | -14.06% | -2.53% | -11.53% |
Max Drawdown (10Y)Largest decline over 10 years | -14.06% | -3.19% | -10.87% |
Current DrawdownCurrent decline from peak | -0.97% | 0.00% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -1.66% | -0.42% | -1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.05% | +0.96% |
Volatility
WMKMX vs. DNYMX - Volatility Comparison
WesMark West Virginia Municipal Bond Fund (WMKMX) has a higher volatility of 1.16% compared to DFA NY Municipal Bond Portfolio (DNYMX) at 0.20%. This indicates that WMKMX's price experiences larger fluctuations and is considered to be riskier than DNYMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMKMX | DNYMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 0.20% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 0.49% | +1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.98% | 0.65% | +2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.26% | 0.88% | +3.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.62% | 1.05% | +2.57% |
WMKMX vs. DNYMX - Expense Ratio Comparison
WMKMX has a 1.10% expense ratio, which is higher than DNYMX's 0.25% expense ratio.
Dividends
WMKMX vs. DNYMX - Dividend Comparison
WMKMX's dividend yield for the trailing twelve months is around 2.33%, less than DNYMX's 2.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNYMX DFA NY Municipal Bond Portfolio | 2.65% | 2.36% | 2.73% | 1.92% | 0.70% | 0.59% | 1.06% | 1.31% | 1.21% | 1.04% | 1.08% | 0.00% |
WMKMX WesMark West Virginia Municipal Bond Fund | 2.33% | 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
WMKMX and DNYMX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMKMX has higher volatility (1.16%) compared to DNYMX (0.20%). In terms of maximum drawdown, WMKMX dropped -14.06% vs DNYMX's -3.19%.
DNYMX currently has the higher Sharpe Ratio (4.63 vs 2.63), 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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