WMKMX vs. WMBLX
WMKMX (WesMark West Virginia Municipal Bond Fund) and WMBLX (WesMark Balanced Fund) are both mutual funds - WMKMX is a Municipal Bonds fund managed by WesMark, while WMBLX is a Diversified Portfolio fund managed by WesMark. Over the past 10 years, WMKMX returned 1.19%/yr vs 7.43%/yr for WMBLX. At a correlation of -0.03, they often move in opposite directions. WMKMX charges 1.10%/yr vs 1.24%/yr for WMBLX.
Performance
WMKMX vs. WMBLX - Performance Comparison
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Returns By Period
In the year-to-date period, WMKMX achieves a 1.20% return, which is significantly lower than WMBLX's 8.91% return. Over the past 10 years, WMKMX has underperformed WMBLX with an annualized return of 1.19%, while WMBLX has yielded a comparatively higher 7.43% annualized return.
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
- 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 vs. WMBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
WMBLX WesMark Balanced Fund | 8.91% | 10.81% | 9.28% | 4.97% | -7.22% | 15.85% | 2.82% | 20.32% | -4.61% | 10.77% |
Correlation
The correlation between WMKMX and WMBLX 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 WMKMX and WMBLX 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
WMKMX vs. WMBLX — Risk / Return Rank
WMKMX
WMBLX
WMKMX vs. WMBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WesMark West Virginia Municipal Bond Fund (WMKMX) and WesMark Balanced Fund (WMBLX). 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.
| WMKMX | WMBLX | 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 | 1.58 | 1.51 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 4.05 | -1.89 |
| Martin ratioReturn relative to average drawdown | 7.00 | 16.36 | -9.36 |
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Drawdowns
WMKMX vs. WMBLX - Drawdown Comparison
The maximum WMKMX drawdown since its inception was -14.06%, smaller than the maximum WMBLX drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for WMKMX and WMBLX.
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Drawdown Indicators
| WMKMX | WMBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.06% | -35.88% | +21.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -4.97% | +1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -7.26% | -11.57% | +4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -14.06% | -17.77% | +3.71% |
Max Drawdown (10Y)Largest decline over 10 years | -14.06% | -23.30% | +9.24% |
Current DrawdownCurrent decline from peak | -0.87% | -1.15% | +0.28% |
Average DrawdownAverage peak-to-trough decline | -1.66% | -6.37% | +4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.23% | -0.20% |
Volatility
WMKMX vs. WMBLX - Volatility Comparison
The current volatility for WesMark West Virginia Municipal Bond Fund (WMKMX) is 0.76%, while WesMark Balanced Fund (WMBLX) has a volatility of 2.93%. This indicates that WMKMX experiences smaller price fluctuations and is considered to be less risky than WMBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMKMX | WMBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.76% | 2.93% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.24% | 5.90% | -3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.95% | 7.41% | -4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.26% | 10.26% | -6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.62% | 10.85% | -7.23% |
WMKMX vs. WMBLX - Expense Ratio Comparison
WMKMX has a 1.10% expense ratio, which is lower than WMBLX's 1.24% expense ratio.
Dividends
WMKMX vs. WMBLX - Dividend Comparison
WMKMX's dividend yield for the trailing twelve months is around 2.32%, less than WMBLX's 6.89% 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
WMKMX and WMBLX 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, WMKMX dropped -14.06% vs WMBLX's -35.88%.
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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