WTBN vs. CAFX

Last updated Jun 4, 2026

WTBN (WisdomTree Bianco Total Return Fund) and CAFX (Congress Intermediate Bond ETF) are both Intermediate Core Bond funds. WTBN is passively managed, while CAFX is actively managed. Over the past year, WTBN returned 4.29% vs 3.95% for CAFX. A 0.79 correlation means they provide meaningful diversification when combined. WTBN charges 0.59%/yr vs 0.35%/yr for CAFX.

Performance

WTBN vs. CAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Bianco Total Return Fund (WTBN) and Congress Intermediate Bond ETF (CAFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTBN achieves a -0.10% return, which is significantly lower than CAFX's 0.28% return.

WTBN

• 1D: -0.24%
• 1M: 0.26%
• YTD: -0.10%
• 6M: -0.24%
• 1Y: 4.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAFX

• 1D: -0.14%
• 1M: 0.22%
• YTD: 0.28%
• 6M: 0.37%
• 1Y: 3.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTBN vs. CAFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WTBN WisdomTree Bianco Total Return Fund	-0.10%	6.90%	-2.55%
CAFX Congress Intermediate Bond ETF	0.28%	6.46%	-1.66%

Correlation

The correlation between WTBN and CAFX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.79

The correlation between WTBN and CAFX has been stable across timeframes, ranging from 0.79 to 0.79 - a consistent structural relationship.

Return for Risk

WTBN vs. CAFX — Risk / Return Rank

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

WTBN

WTBN Risk / Return Rank: 32
WTBN Sharpe Ratio Rank: 33
WTBN Sortino Ratio Rank: 33
WTBN Omega Ratio Rank: 31
WTBN Calmar Ratio Rank: 31
WTBN Martin Ratio Rank: 32

CAFX

CAFX Risk / Return Rank: 42
CAFX Sharpe Ratio Rank: 39
CAFX Sortino Ratio Rank: 43
CAFX Omega Ratio Rank: 40
CAFX Calmar Ratio Rank: 46
CAFX Martin Ratio Rank: 41

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.

WTBN vs. CAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bianco Total Return Fund (WTBN) and Congress Intermediate Bond ETF (CAFX). 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.

	WTBN	CAFX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.37	-0.20
Sortino ratio: Return per unit of downside risk	1.73	2.12	-0.39
Omega ratio: Gain probability vs. loss probability	1.20	1.26	-0.05
Calmar ratio: Return relative to maximum drawdown	1.51	2.22	-0.71
Martin ratio: Return relative to average drawdown	4.71	6.46	-1.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTBN vs. CAFX - Sharpe Ratio Comparison

The current WTBN Sharpe Ratio is 1.18, which is comparable to the CAFX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of WTBN and CAFX, 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

	WTBN	CAFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	1.37	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.91	-0.09

Drawdowns

WTBN vs. CAFX - Drawdown Comparison

The maximum WTBN drawdown since its inception was -4.08%, which is greater than CAFX's maximum drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for WTBN and CAFX.

Drawdown Indicators

	WTBN	CAFX	Difference
Max Drawdown Largest peak-to-trough decline	-4.08%	-2.63%	-1.45%
Max Drawdown (1Y) Largest decline over 1 year	-2.86%	-1.79%	-1.07%
Current Drawdown Current decline from peak	-1.59%	-0.92%	-0.67%
Average Drawdown Average peak-to-trough decline	-1.14%	-0.73%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	0.61%	+0.30%

Volatility

WTBN vs. CAFX - Volatility Comparison

WisdomTree Bianco Total Return Fund (WTBN) has a higher volatility of 1.37% compared to Congress Intermediate Bond ETF (CAFX) at 0.75%. This indicates that WTBN's price experiences larger fluctuations and is considered to be riskier than CAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTBN	CAFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	0.75%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	2.62%	1.84%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	3.66%	2.89%	+0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.53%	3.16%	+1.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.53%	3.16%	+1.37%

WTBN vs. CAFX - Expense Ratio Comparison

WTBN has a 0.59% expense ratio, which is higher than CAFX's 0.35% expense ratio.

Dividends

WTBN vs. CAFX - Dividend Comparison

WTBN's dividend yield for the trailing twelve months is around 3.98%, which matches CAFX's 4.01% yield.

Position	TTM	2025	2024	2023
CAFX Congress Intermediate Bond ETF	4.01%	3.92%	0.96%	0.00%
WTBN WisdomTree Bianco Total Return Fund	3.98%	4.13%	3.47%	0.03%

Frequently Asked Questions

Can I hold both WTBN and CAFX in my portfolio?

WTBN and CAFX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTBN or CAFX?

WTBN has higher volatility (1.37%) compared to CAFX (0.75%). In terms of maximum drawdown, WTBN dropped -4.08% vs CAFX's -2.63%.

Which ETF is better, WTBN or CAFX?

On 1-year performance, WTBN leads with 4.29% vs 3.95% for CAFX. On fees, CAFX is cheaper at 0.35% per year. On volatility, CAFX has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTBN or CAFX?

Over the 1-year period, WTBN has performed better with a 4.29% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTBN or CAFX?

CAFX is cheaper with a 0.35% expense ratio, compared with 0.59% for WTBN.

Which ETF pays a higher dividend yield, WTBN or CAFX?

CAFX has the higher dividend yield at 4.01%, compared with 3.98% for WTBN.

What is the main difference between WTBN and CAFX?

They also come from different issuers: WisdomTree and Congress. Their fees differ too: 0.59% for WTBN and 0.35% for CAFX.

Which has better risk-adjusted returns?

CAFX currently has the higher Sharpe Ratio (1.37 vs 1.18), 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.