WMLIX vs. WTAIX
WMLIX (Wilmington Large-Cap Strategy Fund) and WTAIX (Wilmington Municipal Bond Fund) are both mutual funds - WMLIX is a Large Cap Blend Equities fund managed by Wilmington Funds, while WTAIX is a Municipal Bonds fund managed by Wilmington Funds. Over the past 10 years, WMLIX returned 15.14%/yr vs 1.32%/yr for WTAIX. Their -0.09 correlation means they have often moved in opposite directions in the past. WMLIX charges 0.25%/yr vs 0.49%/yr for WTAIX.
Performance
WMLIX vs. WTAIX - Performance Comparison
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Returns By Period
In the year-to-date period, WMLIX achieves a 9.11% return, which is significantly higher than WTAIX's -0.43% return. Over the past 10 years, WMLIX has outperformed WTAIX with an annualized return of 15.14%, while WTAIX has yielded a comparatively lower 1.32% annualized return.
WMLIX
- 1D
- 1.61%
- 1M
- -0.74%
- 6M
- 7.65%
- YTD
- 9.11%
- 1Y
- 19.87%
- 3Y*
- 18.45%
- 5Y*
- 11.82%
- 10Y*
- 15.14%
- ALL TIME*
- 10.70%
WTAIX
- 1D
- -0.24%
- 1M
- -1.60%
- 6M
- -1.37%
- YTD
- -0.43%
- 1Y
- 3.09%
- 3Y*
- 2.63%
- 5Y*
- 0.26%
- 10Y*
- 1.32%
- ALL TIME*
- 3.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
WMLIX vs. WTAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMLIX Wilmington Large-Cap Strategy Fund | 9.11% | 17.02% | 24.27% | 26.23% | -18.93% | 26.26% | 20.95% | 36.37% | -4.93% | 21.98% |
WTAIX Wilmington Municipal Bond Fund | -0.43% | 5.05% | 0.73% | 5.14% | -8.01% | 0.55% | 2.60% | 7.12% | 0.86% | 4.30% |
Correlation
The correlation between WMLIX and WTAIX is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2003 | -0.09 |
The correlation between WMLIX and WTAIX shifts across timeframes, from -0.09 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WMLIX vs. WTAIX — Risk / Return Rank
WMLIX
WTAIX
WMLIX vs. WTAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wilmington Large-Cap Strategy Fund (WMLIX) and Wilmington Municipal Bond Fund (WTAIX). 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.
| WMLIX | WTAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.41 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 1.36 | +0.62 |
| Martin ratioReturn relative to average drawdown | 8.50 | 3.62 | +4.88 |
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Drawdowns
WMLIX vs. WTAIX - Drawdown Comparison
The maximum WMLIX drawdown since its inception was -55.02%, which is greater than WTAIX's maximum drawdown of -12.35%. Use the drawdown chart below to compare losses from any high point for WMLIX and WTAIX.
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Drawdown Indicators
| WMLIX | WTAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.02% | -12.35% | -42.67% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -2.76% | -6.08% |
Max Drawdown (3Y)Largest decline over 3 years | -19.15% | -4.06% | -15.09% |
Max Drawdown (5Y)Largest decline over 5 years | -25.01% | -12.35% | -12.66% |
Max Drawdown (10Y)Largest decline over 10 years | -34.27% | -12.35% | -21.92% |
Current DrawdownCurrent decline from peak | -1.99% | -2.35% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -7.36% | -1.63% | -5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 1.04% | +1.02% |
Volatility
WMLIX vs. WTAIX - Volatility Comparison
Wilmington Large-Cap Strategy Fund (WMLIX) has a higher volatility of 3.39% compared to Wilmington Municipal Bond Fund (WTAIX) at 0.79%. This indicates that WMLIX's price experiences larger fluctuations and is considered to be riskier than WTAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMLIX | WTAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 0.79% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 1.84% | +8.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.87% | 2.22% | +10.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 3.10% | +14.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.35% | 3.43% | +14.92% |
WMLIX vs. WTAIX - Expense Ratio Comparison
WMLIX has a 0.25% expense ratio, which is lower than WTAIX's 0.49% expense ratio.
Dividends
WMLIX vs. WTAIX - Dividend Comparison
WMLIX's dividend yield for the trailing twelve months is around 11.34%, more than WTAIX's 2.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMLIX Wilmington Large-Cap Strategy Fund | 11.34% | 12.22% | 7.56% | 6.47% | 12.73% | 5.47% | 9.13% | 9.34% | 6.57% | 1.55% | 1.81% | 8.28% |
WTAIX Wilmington Municipal Bond Fund | 2.50% | 2.85% | 2.11% | 2.03% | 1.45% | 1.68% | 1.72% | 3.84% | 2.15% | 2.92% | 2.63% | 3.81% |
Frequently Asked Questions
WMLIX and WTAIX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMLIX has higher volatility (3.39%) compared to WTAIX (0.79%). In terms of maximum drawdown, WMLIX dropped -55.02% vs WTAIX's -12.35%.
WTAIX currently has the higher Sharpe Ratio (1.70 vs 1.37), 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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