WMKSX vs. WMBLX

Last updated Jun 23, 2026

WMKSX (WesMark Small Company Fund) and WMBLX (WesMark Balanced Fund) are both mutual funds - WMKSX is a Small Cap Growth Equities fund managed by WesMark, while WMBLX is a Diversified Portfolio fund managed by WesMark. Over the past 10 years, WMKSX returned 13.90%/yr vs 7.43%/yr for WMBLX. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 1.24% expense ratio.

Performance

WMKSX vs. WMBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WesMark Small Company Fund (WMKSX) and WesMark Balanced Fund (WMBLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WMKSX achieves a 20.68% return, which is significantly higher than WMBLX's 8.91% return. Over the past 10 years, WMKSX has outperformed WMBLX with an annualized return of 13.90%, while WMBLX has yielded a comparatively lower 7.43% annualized return.

WMKSX

• 1D: 1.67%
• 1M: 5.13%
• YTD: 20.68%
• 6M: 18.10%
• 1Y: 37.28%
• 3Y*: 24.61%
• 5Y*: 12.17%
• 10Y*: 13.90%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WMKSX vs. WMBLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMKSX WesMark Small Company Fund	20.68%	16.19%	22.12%	19.42%	-20.72%	22.81%	36.78%	20.32%	-13.92%	13.21%
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 WMKSX and WMBLX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 24, 1998	0.77

The correlation between WMKSX and WMBLX has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

Return for Risk

WMKSX vs. WMBLX — Risk / Return Rank

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

WMKSX

WMKSX Risk / Return Rank: 67
WMKSX Sharpe Ratio Rank: 58
WMKSX Sortino Ratio Rank: 56
WMKSX Omega Ratio Rank: 47
WMKSX Calmar Ratio Rank: 90
WMKSX Martin Ratio Rank: 84

WMBLX

WMBLX Risk / Return Rank: 88
WMBLX Sharpe Ratio Rank: 89
WMBLX Sortino Ratio Rank: 89
WMBLX Omega Ratio Rank: 84
WMBLX Calmar Ratio Rank: 88
WMBLX Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WMKSX vs. WMBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WesMark Small Company Fund (WMKSX) 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.

	WMKSX	WMBLX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.72	-0.66
Sortino ratio: Return per unit of downside risk	2.87	3.98	-1.11
Omega ratio: Gain probability vs. loss probability	1.34	1.51	-0.17
Calmar ratio: Return relative to maximum drawdown	4.33	4.05	+0.28
Martin ratio: Return relative to average drawdown	14.51	16.36	-1.85

WMKSX vs. WMBLX - Sharpe Ratio Comparison

The current WMKSX Sharpe Ratio is 2.06, which is comparable to the WMBLX Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of WMKSX and WMBLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WMKSX vs. WMBLX - Drawdown Comparison

The maximum WMKSX drawdown since its inception was -64.09%, which is greater than WMBLX's maximum drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for WMKSX and WMBLX.

Drawdown Indicators

	WMKSX	WMBLX	Difference
Max Drawdown Largest peak-to-trough decline	-64.09%	-35.88%	-28.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.50%	-4.97%	-3.53%
Max Drawdown (3Y) Largest decline over 3 years	-24.20%	-11.57%	-12.63%
Max Drawdown (5Y) Largest decline over 5 years	-39.84%	-17.77%	-22.07%
Max Drawdown (10Y) Largest decline over 10 years	-39.84%	-23.30%	-16.54%
Current Drawdown Current decline from peak	0.00%	-1.15%	+1.15%
Average Drawdown Average peak-to-trough decline	-15.66%	-6.37%	-9.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	1.23%	+1.30%

Volatility

WMKSX vs. WMBLX - Volatility Comparison

WesMark Small Company Fund (WMKSX) has a higher volatility of 4.89% compared to WesMark Balanced Fund (WMBLX) at 2.93%. This indicates that WMKSX's price experiences larger fluctuations and is considered to be riskier than WMBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WMKSX	WMBLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.89%	2.93%	+1.96%
Volatility (6M) Calculated over the trailing 6-month period	12.38%	5.90%	+6.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.90%	7.41%	+10.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.13%	10.26%	+15.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.98%	10.85%	+13.13%

WMKSX vs. WMBLX - Expense Ratio Comparison

Both WMKSX and WMBLX have an expense ratio of 1.24%.

Dividends

WMKSX vs. WMBLX - Dividend Comparison

WMKSX's dividend yield for the trailing twelve months is around 18.98%, more 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%
WMKSX WesMark Small Company Fund	18.98%	22.91%	4.69%	5.93%	6.23%	25.75%	8.21%	0.00%	12.53%	8.59%	5.26%	6.57%

Frequently Asked Questions

Can I hold both WMKSX and WMBLX in my portfolio?

WMKSX and WMBLX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMKSX or WMBLX?

WMKSX has higher volatility (4.89%) compared to WMBLX (2.93%). In terms of maximum drawdown, WMKSX dropped -64.09% vs WMBLX's -35.88%.

Which has better risk-adjusted returns?

WMBLX currently has the higher Sharpe Ratio (2.72 vs 2.06), 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.