WPVLX vs. WNTFX

Last updated Jun 24, 2026

WPVLX (Weitz Partners Value Fund) and WNTFX (Weitz Nebraska Tax-Free Income Fund) are both mutual funds - WPVLX is a Large Cap Blend Equities fund managed by Weitz, while WNTFX is a Municipal Bonds fund managed by Weitz. At a correlation of -0.06, they often move in opposite directions. WPVLX charges 1.09%/yr vs 0.45%/yr for WNTFX.

Performance

WPVLX vs. WNTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Partners Value Fund (WPVLX) and Weitz Nebraska Tax-Free Income Fund (WNTFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WPVLX

• 1D: -1.15%
• 1M: 0.72%
• YTD: -4.23%
• 6M: -5.13%
• 1Y: -3.49%
• 3Y*: 7.77%
• 5Y*: 2.54%
• 10Y*: 7.13%

WNTFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WPVLX vs. WNTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPVLX Weitz Partners Value Fund	-4.23%	3.15%	15.68%	17.83%	-21.28%	23.67%	7.53%	33.31%	-11.48%	11.45%
WNTFX Weitz Nebraska Tax-Free Income Fund	0.67%	4.56%	1.19%	3.79%	-4.84%	0.35%	3.64%	4.05%	0.67%	1.61%

Correlation

The correlation between WPVLX and WNTFX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	-0.06

The correlation between WPVLX and WNTFX shifts across timeframes, from -0.06 (all time) to 0.13 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

WPVLX vs. WNTFX — Risk / Return Rank

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

WPVLX

WPVLX Risk / Return Rank: 2
WPVLX Sharpe Ratio Rank: 2
WPVLX Sortino Ratio Rank: 2
WPVLX Omega Ratio Rank: 2
WPVLX Calmar Ratio Rank: 2
WPVLX Martin Ratio Rank: 2

WNTFX

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

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.

WPVLX vs. WNTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Partners Value Fund (WPVLX) and Weitz Nebraska Tax-Free Income Fund (WNTFX). 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	WNTFX	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	—	—
Sortino ratio: Return per unit of downside risk	-0.18	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.19	—	—
Martin ratio: Return relative to average drawdown	-0.51	—	—

Drawdowns

Drawdown Indicators

	WPVLX	WNTFX	Difference
Max Drawdown Largest peak-to-trough decline	-59.01%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.62%	—	—
Current Drawdown Current decline from peak	-7.16%	—	—
Average Drawdown Average peak-to-trough decline	-7.51%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.16%	—	—

Volatility

Volatility by Period

	WPVLX	WNTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.40%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	—	—

WPVLX vs. WNTFX - Expense Ratio Comparison

WPVLX has a 1.09% expense ratio, which is higher than WNTFX's 0.45% expense ratio.

Dividends

WPVLX vs. WNTFX - Dividend Comparison

WPVLX's dividend yield for the trailing twelve months is around 9.43%, more than WNTFX's 1.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WNTFX Weitz Nebraska Tax-Free Income Fund	1.98%	2.27%	2.03%	2.02%	1.97%	1.14%	1.60%	1.24%	1.48%	1.41%	1.72%	1.95%
WPVLX Weitz Partners Value Fund	9.43%	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

Can I hold both WPVLX and WNTFX in my portfolio?

WPVLX and WNTFX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.