WMSB vs. DIAL
WMSB (Weitz Multisector Bond ETF) and DIAL (Columbia Diversified Fixed Income Allocation ETF) are both Multisector Bonds funds. WMSB is actively managed, while DIAL is passively managed. A 0.69 correlation means they provide meaningful diversification when combined. WMSB charges 0.65%/yr vs 0.29%/yr for DIAL.
Performance
WMSB vs. DIAL - Performance Comparison
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Returns By Period
In the year-to-date period, WMSB achieves a 1.87% return, which is significantly higher than DIAL's 0.95% return.
WMSB
- 1D
- 0.08%
- 1M
- 0.65%
- 6M
- 1.63%
- YTD
- 1.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIAL
- 1D
- 0.17%
- 1M
- 0.29%
- 6M
- 0.76%
- YTD
- 0.95%
- 1Y
- 4.93%
- 3Y*
- 6.19%
- 5Y*
- 0.49%
- 10Y*
- —
WMSB vs. DIAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WMSB Weitz Multisector Bond ETF | 1.87% | 1.47% |
DIAL Columbia Diversified Fixed Income Allocation ETF | 0.95% | 0.90% |
Correlation
The correlation between WMSB and DIAL is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.69 |
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Return for Risk
WMSB vs. DIAL — Risk / Return Rank
WMSB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DIAL
WMSB vs. DIAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Multisector Bond ETF (WMSB) and Columbia Diversified Fixed Income Allocation ETF (DIAL). 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 | DIAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.48 | — |
| Martin ratioReturn relative to average drawdown | — | 5.62 | — |
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Drawdowns
WMSB vs. DIAL - Drawdown Comparison
The maximum WMSB drawdown since its inception was -1.89%, smaller than the maximum DIAL drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for WMSB and DIAL.
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Drawdown Indicators
| WMSB | DIAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.89% | -22.19% | +20.30% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.19% | — |
Current DrawdownCurrent decline from peak | -0.31% | -0.81% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -0.30% | -5.49% | +5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.88% | — |
Volatility
WMSB vs. DIAL - Volatility Comparison
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Volatility by Period
| WMSB | DIAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.37% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.79% | 4.13% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.79% | 7.05% | -4.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.79% | 7.01% | -4.22% |
WMSB vs. DIAL - Expense Ratio Comparison
WMSB has a 0.65% expense ratio, which is higher than DIAL's 0.29% expense ratio.
Dividends
WMSB vs. DIAL - Dividend Comparison
WMSB's dividend yield for the trailing twelve months is around 3.31%, less than DIAL's 5.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIAL Columbia Diversified Fixed Income Allocation ETF | 5.08% | 4.81% | 4.67% | 3.77% | 3.47% | 2.46% | 2.61% | 3.27% | 3.56% | 0.65% |
WMSB Weitz Multisector Bond ETF | 3.31% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WMSB and DIAL have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DIAL is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DIAL is cheaper with a 0.29% expense ratio, compared with 0.65% for WMSB.
DIAL has the higher dividend yield at 5.08%, compared with 3.31% for WMSB.
They also come from different issuers: Weitz and Ameriprise Financial. Their fees differ too: 0.65% for WMSB and 0.29% for DIAL.
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