WMKTX vs. WMBLX

Last updated Jun 23, 2026

WMKTX (WesMark Tactical Opportunity Fund) and WMBLX (WesMark Balanced Fund) are both mutual funds - WMKTX is a Tactical Allocation fund managed by WesMark, while WMBLX is a Diversified Portfolio fund managed by WesMark. Over the past 5 years, WMKTX returned 5.51%/yr vs 6.68%/yr for WMBLX. Their correlation of 0.89 suggests significant overlap in exposure. WMKTX charges 1.43%/yr vs 1.24%/yr for WMBLX.

Performance

WMKTX vs. WMBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WesMark Tactical Opportunity Fund (WMKTX) 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, WMKTX achieves a 6.34% return, which is significantly lower than WMBLX's 8.91% return.

WMKTX

• 1D: 0.59%
• 1M: 0.30%
• YTD: 6.34%
• 6M: 5.59%
• 1Y: 17.37%
• 3Y*: 10.99%
• 5Y*: 5.51%
• 10Y*: —

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)

WMKTX vs. WMBLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMKTX WesMark Tactical Opportunity Fund	6.34%	15.41%	7.19%	7.10%	-12.40%	13.90%	7.01%	16.62%	-5.20%	8.33%
WMBLX WesMark Balanced Fund	8.91%	10.81%	9.28%	4.97%	-7.22%	15.85%	2.82%	20.32%	-4.61%	7.15%

Correlation

The correlation between WMKTX and WMBLX is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Mar 1, 2017	0.89

The correlation between WMKTX and WMBLX has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.

Return for Risk

WMKTX vs. WMBLX — Risk / Return Rank

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

WMKTX

WMKTX Risk / Return Rank: 56
WMKTX Sharpe Ratio Rank: 51
WMKTX Sortino Ratio Rank: 49
WMKTX Omega Ratio Rank: 49
WMKTX Calmar Ratio Rank: 67
WMKTX Martin Ratio Rank: 66

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.

WMKTX vs. WMBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WesMark Tactical Opportunity Fund (WMKTX) 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.

	WMKTX	WMBLX	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.72	-0.78
Sortino ratio: Return per unit of downside risk	2.70	3.98	-1.28
Omega ratio: Gain probability vs. loss probability	1.36	1.51	-0.16
Calmar ratio: Return relative to maximum drawdown	3.00	4.05	-1.06
Martin ratio: Return relative to average drawdown	12.02	16.36	-4.34

WMKTX vs. WMBLX - Sharpe Ratio Comparison

The current WMKTX Sharpe Ratio is 1.94, which is comparable to the WMBLX Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of WMKTX 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

WMKTX vs. WMBLX - Drawdown Comparison

The maximum WMKTX drawdown since its inception was -28.48%, smaller than the maximum WMBLX drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for WMKTX and WMBLX.

Drawdown Indicators

	WMKTX	WMBLX	Difference
Max Drawdown Largest peak-to-trough decline	-28.48%	-35.88%	+7.40%
Max Drawdown (1Y) Largest decline over 1 year	-5.79%	-4.97%	-0.82%
Max Drawdown (3Y) Largest decline over 3 years	-10.25%	-11.57%	+1.32%
Max Drawdown (5Y) Largest decline over 5 years	-25.49%	-17.77%	-7.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-23.30%	—
Current Drawdown Current decline from peak	-0.88%	-1.15%	+0.27%
Average Drawdown Average peak-to-trough decline	-7.00%	-6.37%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	1.23%	+0.21%

Volatility

WMKTX vs. WMBLX - Volatility Comparison

WesMark Tactical Opportunity Fund (WMKTX) has a higher volatility of 3.39% compared to WesMark Balanced Fund (WMBLX) at 2.93%. This indicates that WMKTX'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

	WMKTX	WMBLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	2.93%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	7.18%	5.90%	+1.28%
Volatility (1Y) Calculated over the trailing 1-year period	8.95%	7.41%	+1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	10.26%	+2.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.20%	10.85%	+2.35%

WMKTX vs. WMBLX - Expense Ratio Comparison

WMKTX has a 1.43% expense ratio, which is higher than WMBLX's 1.24% expense ratio.

Dividends

WMKTX vs. WMBLX - Dividend Comparison

WMKTX's dividend yield for the trailing twelve months is around 3.82%, 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%
WMKTX WesMark Tactical Opportunity Fund	3.82%	4.91%	1.42%	0.83%	2.79%	11.76%	0.74%	3.72%	0.57%	2.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WMKTX and WMBLX in my portfolio?

WMKTX and WMBLX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMKTX or WMBLX?

WMKTX has higher volatility (3.39%) compared to WMBLX (2.93%). In terms of maximum drawdown, WMKTX dropped -28.48% vs WMBLX's -35.88%.

Which has better risk-adjusted returns?

WMBLX currently has the higher Sharpe Ratio (2.72 vs 1.94), 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.