WPVLX vs. WBALX
WPVLX (Weitz Partners Value Fund) and WBALX (Weitz Balanced Fund) are both mutual funds - WPVLX is a Large Cap Blend Equities fund managed by Weitz, while WBALX is a Diversified Portfolio fund managed by Weitz. Over the past 10 years, WPVLX returned 7.15%/yr vs 5.71%/yr for WBALX. Their correlation of 0.94 means they have usually moved in the same direction. WPVLX charges 1.09%/yr vs 0.85%/yr for WBALX.
Performance
WPVLX vs. WBALX - Performance Comparison
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Returns By Period
In the year-to-date period, WPVLX achieves a 1.61% return, which is significantly lower than WBALX's 1.97% return. Over the past 10 years, WPVLX has outperformed WBALX with an annualized return of 7.15%, while WBALX has yielded a comparatively lower 5.71% annualized return.
WPVLX
- 1D
- -1.15%
- 1M
- 0.03%
- 6M
- 1.08%
- YTD
- 1.61%
- 1Y
- 4.84%
- 3Y*
- 8.05%
- 5Y*
- 3.11%
- 10Y*
- 7.15%
- ALL TIME*
- 8.68%
WBALX
- 1D
- 0.00%
- 1M
- 0.42%
- 6M
- 1.36%
- YTD
- 1.97%
- 1Y
- 4.81%
- 3Y*
- 4.77%
- 5Y*
- 2.72%
- 10Y*
- 5.71%
- ALL TIME*
- 5.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
WBALX Weitz Balanced Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
WPVLX vs. WBALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPVLX Weitz Partners Value Fund | 1.61% | 3.15% | 15.68% | 17.83% | -21.28% | 23.67% | 7.53% | 33.31% | -11.48% | 11.45% |
WBALX Weitz Balanced Fund | 1.97% | 3.77% | 6.85% | 9.27% | -9.95% | 13.11% | 8.13% | 17.94% | -1.79% | 11.16% |
Correlation
The correlation between WPVLX and WBALX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2003 | 0.94 |
The correlation between WPVLX and WBALX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.
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Return for Risk
WPVLX vs. WBALX — Risk / Return Rank
WPVLX
WBALX
WPVLX vs. WBALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weitz Partners Value Fund (WPVLX) and Weitz Balanced Fund (WBALX). 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.
| WPVLX | WBALX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.12 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 0.70 | -0.49 |
| Martin ratioReturn relative to average drawdown | 0.57 | 2.04 | -1.47 |
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Drawdowns
WPVLX vs. WBALX - Drawdown Comparison
The maximum WPVLX drawdown since its inception was -59.01%, which is greater than WBALX's maximum drawdown of -43.04%. Use the drawdown chart below to compare losses from any high point for WPVLX and WBALX.
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Drawdown Indicators
| WPVLX | WBALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.01% | -43.04% | -15.97% |
Max Drawdown (1Y)Largest decline over 1 year | -13.44% | -6.02% | -7.42% |
Max Drawdown (3Y)Largest decline over 3 years | -14.73% | -6.82% | -7.91% |
Max Drawdown (5Y)Largest decline over 5 years | -28.45% | -14.81% | -13.64% |
Max Drawdown (10Y)Largest decline over 10 years | -39.62% | -15.93% | -23.69% |
Current DrawdownCurrent decline from peak | -1.50% | -0.24% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -7.50% | -4.10% | -3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 2.07% | +3.01% |
Volatility
WPVLX vs. WBALX - Volatility Comparison
Weitz Partners Value Fund (WPVLX) has a higher volatility of 4.96% compared to Weitz Balanced Fund (WBALX) at 2.24%. This indicates that WPVLX's price experiences larger fluctuations and is considered to be riskier than WBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPVLX | WBALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 2.24% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 10.70% | 5.13% | +5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.85% | 6.41% | +7.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.29% | 7.42% | +9.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 7.70% | +10.85% |
WPVLX vs. WBALX - Expense Ratio Comparison
WPVLX has a 1.09% expense ratio, which is higher than WBALX's 0.85% expense ratio.
Dividends
WPVLX vs. WBALX - Dividend Comparison
WPVLX's dividend yield for the trailing twelve months is around 8.89%, more than WBALX's 6.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WBALX Weitz Balanced Fund | 6.46% | 4.95% | 4.98% | 1.11% | 1.95% | 2.57% | 1.08% | 1.88% | 9.78% | 2.72% | 3.26% | 5.51% |
WPVLX Weitz Partners Value Fund | 8.89% | 9.03% | 7.76% | 1.80% | 7.32% | 6.72% | 10.93% | 7.09% | 9.27% | 2.32% | 0.00% | 13.92% |
Frequently Asked Questions
With a correlation of 0.90, WPVLX and WBALX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
WPVLX has higher volatility (4.96%) compared to WBALX (2.24%). In terms of maximum drawdown, WPVLX dropped -59.01% vs WBALX's -43.04%.
WBALX currently has the higher Sharpe Ratio (0.66 vs 0.21), 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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