WSEFX vs. WSBFX

Last updated Jun 3, 2026

WSEFX (Boston Trust Walden Equity Fund) and WSBFX (Boston Trust Walden Balanced Fund) are both mutual funds - WSEFX is a Large Cap Blend Equities fund managed by Boston Trust Walden, while WSBFX is a Diversified Portfolio fund managed by Boston Trust Walden. Over the past 10 years, WSEFX returned 12.38%/yr vs 8.60%/yr for WSBFX. With a 0.98 correlation, they move nearly in lockstep. Both charge a 1.00% expense ratio.

Performance

WSEFX vs. WSBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boston Trust Walden Equity Fund (WSEFX) and Boston Trust Walden Balanced Fund (WSBFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WSEFX achieves a 7.83% return, which is significantly higher than WSBFX's 5.34% return. Over the past 10 years, WSEFX has outperformed WSBFX with an annualized return of 12.38%, while WSBFX has yielded a comparatively lower 8.60% annualized return.

WSEFX

• 1D: 0.05%
• 1M: 3.03%
• YTD: 7.83%
• 6M: 7.52%
• 1Y: 25.75%
• 3Y*: 13.80%
• 5Y*: 9.03%
• 10Y*: 12.38%

WSBFX

• 1D: 0.12%
• 1M: 1.78%
• YTD: 5.34%
• 6M: 5.04%
• 1Y: 17.60%
• 3Y*: 10.18%
• 5Y*: 5.88%
• 10Y*: 8.60%

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

WSEFX vs. WSBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WSEFX Boston Trust Walden Equity Fund	7.83%	13.26%	9.78%	16.31%	-13.53%	27.97%	13.57%	35.43%	-2.54%	15.84%
WSBFX Boston Trust Walden Balanced Fund	5.34%	10.63%	6.86%	12.21%	-13.64%	19.35%	8.81%	24.56%	-1.90%	13.98%

Correlation

The correlation between WSEFX and WSBFX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jun 21, 1999	0.98

The correlation between WSEFX and WSBFX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

WSEFX vs. WSBFX — Risk / Return Rank

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

WSEFX

WSEFX Risk / Return Rank: 63
WSEFX Sharpe Ratio Rank: 63
WSEFX Sortino Ratio Rank: 63
WSEFX Omega Ratio Rank: 59
WSEFX Calmar Ratio Rank: 60
WSEFX Martin Ratio Rank: 70

WSBFX

WSBFX Risk / Return Rank: 60
WSBFX Sharpe Ratio Rank: 60
WSBFX Sortino Ratio Rank: 64
WSBFX Omega Ratio Rank: 57
WSBFX Calmar Ratio Rank: 53
WSBFX Martin Ratio Rank: 66

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.

WSEFX vs. WSBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Boston Trust Walden Equity Fund (WSEFX) and Boston Trust Walden Balanced Fund (WSBFX). 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.

	WSEFX	WSBFX	Difference
Sharpe ratio Return per unit of total volatility	2.34	2.28	+0.06
Sortino ratio Return per unit of downside risk	3.31	3.36	-0.05
Omega ratio Gain probability vs. loss probability	1.43	1.42	+0.01
Calmar ratio Return relative to maximum drawdown	2.97	2.79	+0.18
Martin ratio Return relative to average drawdown	13.54	12.83	+0.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WSEFX vs. WSBFX - Sharpe Ratio Comparison

The current WSEFX Sharpe Ratio is 2.34, which is comparable to the WSBFX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of WSEFX and WSBFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WSEFX	WSBFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	2.28	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.50	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.70	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.53	-0.08

Drawdowns

WSEFX vs. WSBFX - Drawdown Comparison

The maximum WSEFX drawdown since its inception was -48.02%, which is greater than WSBFX's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for WSEFX and WSBFX.

Drawdown Indicators

	WSEFX	WSBFX	Difference
Max Drawdown Largest peak-to-trough decline	-48.02%	-32.01%	-16.01%
Max Drawdown (1Y) Largest decline over 1 year	-8.65%	-6.31%	-2.34%
Max Drawdown (3Y) Largest decline over 3 years	-17.49%	-11.46%	-6.03%
Max Drawdown (5Y) Largest decline over 5 years	-21.99%	-19.94%	-2.05%
Max Drawdown (10Y) Largest decline over 10 years	-33.50%	-24.21%	-9.29%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.08%	-4.52%	-1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	1.37%	+0.53%

Volatility

WSEFX vs. WSBFX - Volatility Comparison

Boston Trust Walden Equity Fund (WSEFX) has a higher volatility of 2.29% compared to Boston Trust Walden Balanced Fund (WSBFX) at 1.85%. This indicates that WSEFX's price experiences larger fluctuations and is considered to be riskier than WSBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WSEFX	WSBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.29%	1.85%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	8.17%	5.80%	+2.37%
Volatility (1Y) Calculated over the trailing 1-year period	11.07%	7.69%	+3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	11.93%	+3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.27%	12.29%	+4.98%

WSEFX vs. WSBFX - Expense Ratio Comparison

Both WSEFX and WSBFX have an expense ratio of 1.00%.

Dividends

WSEFX vs. WSBFX - Dividend Comparison

WSEFX's dividend yield for the trailing twelve months is around 10.71%, more than WSBFX's 7.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WSBFX Boston Trust Walden Balanced Fund	7.57%	7.97%	4.75%	7.68%	3.66%	3.51%	3.42%	2.30%	2.19%	1.02%	3.06%	7.45%
WSEFX Boston Trust Walden Equity Fund	10.71%	11.55%	4.95%	2.99%	3.31%	2.24%	4.15%	5.27%	2.20%	0.92%	3.39%	6.82%

Frequently Asked Questions

Can I hold both WSEFX and WSBFX in my portfolio?

With a correlation of 0.98, WSEFX and WSBFX 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.

Which is riskier, WSEFX or WSBFX?

WSEFX has higher volatility (2.29%) compared to WSBFX (1.85%). In terms of maximum drawdown, WSEFX dropped -48.02% vs WSBFX's -32.01%.

Which has better risk-adjusted returns?

WSEFX currently has the higher Sharpe Ratio (2.34 vs 2.28), 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.