WSDB vs. WMSB

Last updated Aug 5, 2026

WSDB (Weitz Short Duration Bond ETF) and WMSB (Weitz Multisector Bond ETF) are both exchange-traded funds - WSDB is a Short-Term Bond fund actively managed by Weitz, while WMSB is a Multisector Bonds fund actively managed by Weitz. Both are actively managed. Their 0.74 correlation means they have sometimes moved together and sometimes differently. WSDB charges 0.45%/yr vs 0.65%/yr for WMSB.

Performance

WSDB vs. WMSB - Performance Comparison

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

Returns By Period

WSDB

• 1D: 0.11%
• 1M: 0.01%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

WMSB

• 1D: 0.33%
• 1M: -0.14%
• 6M: 0.77%
• YTD: 1.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
WMSB Weitz Multisector Bond ETF	$14.25K	$540.17K	$208.27K
WSDB Weitz Short Duration Bond ETF	$24.48K	$93.50K	$46.51K

WSDB vs. WMSB - Yearly Performance Comparison

	2026 (YTD)
WSDB Weitz Short Duration Bond ETF	0.59%
WMSB Weitz Multisector Bond ETF	1.70%

Correlation

The correlation between WSDB and WMSB is 0.74, 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 Apr 1, 2026	0.74

Return for Risk

WSDB vs. WMSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Short Duration Bond ETF (WSDB) and Weitz Multisector Bond ETF (WMSB). 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.

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

Drawdowns

WSDB vs. WMSB - Drawdown Comparison

The maximum WSDB drawdown since its inception was -0.56%, smaller than the maximum WMSB drawdown of -1.89%. Use the drawdown chart below to compare losses from any high point for WSDB and WMSB.

Drawdown Indicators

	WSDB	WMSB	Difference
Max Drawdown Largest peak-to-trough decline	-0.56%	-1.89%	+1.33%
Current Drawdown Current decline from peak	-0.19%	-0.25%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.17%	-0.32%	+0.15%

Volatility

Volatility by Period

	WSDB	WMSB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.44%	2.79%	-1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.44%	2.79%	-1.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.44%	2.79%	-1.35%

WSDB vs. WMSB - Expense Ratio Comparison

WSDB has a 0.45% expense ratio, which is lower than WMSB's 0.65% expense ratio.

Dividends

WSDB vs. WMSB - Dividend Comparison

WSDB's dividend yield for the trailing twelve months is around 1.09%, less than WMSB's 3.65% yield.

Position	TTM	2025
WMSB Weitz Multisector Bond ETF	3.65%	0.64%
WSDB Weitz Short Duration Bond ETF	1.09%	0.00%

Frequently Asked Questions

Can I hold both WSDB and WMSB in my portfolio?

WSDB and WMSB have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WSDB or WMSB?

On fees, WSDB is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WSDB or WMSB?

WSDB is cheaper with a 0.45% expense ratio, compared with 0.65% for WMSB.

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

WMSB has the higher dividend yield at 3.65%, compared with 1.09% for WSDB.

What is the main difference between WSDB and WMSB?

WSDB is categorized as Short-Term Bond, while WMSB is Multisector Bonds. Their fees differ too: 0.45% for WSDB and 0.65% for WMSB.