WMSB vs. BLUI

Last updated Jul 30, 2026

WMSB (Weitz Multisector Bond ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.54 correlation means they have sometimes moved together and sometimes differently. WMSB charges 0.65%/yr vs 0.75%/yr for BLUI.

Performance

WMSB vs. BLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Multisector Bond ETF (WMSB) and Bluemonte Diversified Income ETF (BLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WMSB achieves a 1.62% return, which is significantly lower than BLUI's 4.21% return.

WMSB

• 1D: -0.19%
• 1M: -0.52%
• 6M: 0.48%
• YTD: 1.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BLUI

• 1D: -0.22%
• 1M: 0.14%
• 6M: 2.95%
• YTD: 4.21%
• 1Y: 6.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.23%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLUI Bluemonte Diversified Income ETF	$264.87K	$203.93K	$242.04K
WMSB Weitz Multisector Bond ETF	$4.84K	$566.91K	$206.74K

WMSB vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
WMSB Weitz Multisector Bond ETF	1.62%	1.47%
BLUI Bluemonte Diversified Income ETF	4.21%	1.03%

Correlation

The correlation between WMSB and BLUI is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.54

Return for Risk

WMSB vs. BLUI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WMSB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BLUI

BLUI Risk / Return Rank: 83
BLUI Sharpe Ratio Rank: 81
BLUI Sortino Ratio Rank: 83
BLUI Omega Ratio Rank: 84
BLUI Calmar Ratio Rank: 80
BLUI Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WMSB vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Multisector Bond ETF (WMSB) and Bluemonte Diversified Income ETF (BLUI). 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.

	WMSB	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.80	—
Sortino ratio: Return per unit of downside risk	—	2.67	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	2.83	—
Martin ratio: Return relative to average drawdown	—	12.39	—

Drawdowns

WMSB vs. BLUI - Drawdown Comparison

The maximum WMSB drawdown since its inception was -1.89%, smaller than the maximum BLUI drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for WMSB and BLUI.

Drawdown Indicators

	WMSB	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-1.89%	-2.43%	+0.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.43%	—
Current Drawdown Current decline from peak	-0.56%	-0.26%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.31%	-0.34%	+0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.55%	—

Volatility

Volatility by Period

	WMSB	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.77%	3.86%	-1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.77%	3.85%	-1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.77%	3.85%	-1.08%

WMSB vs. BLUI - Expense Ratio Comparison

WMSB has a 0.65% expense ratio, which is lower than BLUI's 0.75% expense ratio.

Dividends

WMSB vs. BLUI - Dividend Comparison

WMSB's dividend yield for the trailing twelve months is around 3.32%, less than BLUI's 5.45% yield.

Position	TTM	2025
BLUI Bluemonte Diversified Income ETF	5.45%	2.91%
WMSB Weitz Multisector Bond ETF	3.32%	0.64%

Frequently Asked Questions

Can I hold both WMSB and BLUI in my portfolio?

WMSB and BLUI have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WMSB or BLUI?

On fees, WMSB is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WMSB or BLUI?

WMSB is cheaper with a 0.65% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, WMSB or BLUI?

BLUI has the higher dividend yield at 5.45%, compared with 3.32% for WMSB.

What is the main difference between WMSB and BLUI?

They also come from different issuers: Weitz and Bluemonte. Their fees differ too: 0.65% for WMSB and 0.75% for BLUI.