WVALX vs. WBALX

Last updated Jun 4, 2026

WVALX (Weitz Value Fund) and WBALX (Weitz Balanced Fund) are both mutual funds - WVALX 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, WVALX returned 9.08%/yr vs 5.46%/yr for WBALX. Their correlation of 0.94 suggests significant overlap in exposure. WVALX charges 1.04%/yr vs 0.85%/yr for WBALX.

Performance

WVALX vs. WBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Value Fund (WVALX) and Weitz Balanced Fund (WBALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WVALX achieves a -5.45% return, which is significantly lower than WBALX's -0.90% return. Over the past 10 years, WVALX has outperformed WBALX with an annualized return of 9.08%, while WBALX has yielded a comparatively lower 5.46% annualized return.

WVALX

• 1D: -1.10%
• 1M: 1.15%
• YTD: -5.45%
• 6M: -4.90%
• 1Y: -3.04%
• 3Y*: 6.88%
• 5Y*: 3.40%
• 10Y*: 9.08%

WBALX

• 1D: -0.24%
• 1M: 0.49%
• YTD: -0.90%
• 6M: -0.62%
• 1Y: 2.17%
• 3Y*: 4.91%
• 5Y*: 2.67%
• 10Y*: 5.46%

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

WVALX vs. WBALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WVALX Weitz Value Fund	-5.45%	-0.21%	12.76%	29.72%	-22.89%	26.86%	18.41%	34.16%	-4.88%	15.60%
WBALX Weitz Balanced Fund	-0.90%	3.77%	6.85%	9.27%	-9.95%	13.11%	8.13%	17.94%	-1.79%	11.16%

Correlation

The correlation between WVALX and WBALX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 2, 2003	0.94

The correlation between WVALX and WBALX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

WVALX vs. WBALX — Risk / Return Rank

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

WVALX

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

WBALX

WBALX Risk / Return Rank: 5
WBALX Sharpe Ratio Rank: 5
WBALX Sortino Ratio Rank: 5
WBALX Omega Ratio Rank: 4
WBALX Calmar Ratio Rank: 5
WBALX Martin Ratio Rank: 5

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.

WVALX vs. WBALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Value Fund (WVALX) 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.

	WVALX	WBALX	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.40	-0.58
Sortino ratio: Return per unit of downside risk	-0.15	0.62	-0.78
Omega ratio: Gain probability vs. loss probability	0.98	1.07	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.15	0.39	-0.54
Martin ratio: Return relative to average drawdown	-0.40	1.20	-1.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WVALX vs. WBALX - Sharpe Ratio Comparison

The current WVALX Sharpe Ratio is -0.18, which is lower than the WBALX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of WVALX and WBALX, 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

	WVALX	WBALX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	0.40	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.37	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.71	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.56	+0.03

Drawdowns

WVALX vs. WBALX - Drawdown Comparison

The maximum WVALX drawdown since its inception was -61.96%, which is greater than WBALX's maximum drawdown of -43.04%. Use the drawdown chart below to compare losses from any high point for WVALX and WBALX.

Drawdown Indicators

	WVALX	WBALX	Difference
Max Drawdown Largest peak-to-trough decline	-61.96%	-43.04%	-18.92%
Max Drawdown (1Y) Largest decline over 1 year	-17.45%	-6.02%	-11.43%
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	-6.82%	-13.10%
Max Drawdown (5Y) Largest decline over 5 years	-29.36%	-14.81%	-14.55%
Max Drawdown (10Y) Largest decline over 10 years	-32.57%	-15.93%	-16.64%
Current Drawdown Current decline from peak	-10.78%	-2.60%	-8.18%
Average Drawdown Average peak-to-trough decline	-7.73%	-4.11%	-3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.32%	1.97%	+4.35%

Volatility

WVALX vs. WBALX - Volatility Comparison

Weitz Value Fund (WVALX) has a higher volatility of 3.22% compared to Weitz Balanced Fund (WBALX) at 1.56%. This indicates that WVALX'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.

Volatility by Period

	WVALX	WBALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	1.56%	+1.66%
Volatility (6M) Calculated over the trailing 6-month period	10.86%	4.65%	+6.21%
Volatility (1Y) Calculated over the trailing 1-year period	14.18%	5.98%	+8.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.19%	7.35%	+10.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.24%	7.70%	+10.54%

WVALX vs. WBALX - Expense Ratio Comparison

WVALX has a 1.04% expense ratio, which is higher than WBALX's 0.85% expense ratio.

Dividends

WVALX vs. WBALX - Dividend Comparison

WVALX's dividend yield for the trailing twelve months is around 23.09%, more than WBALX's 4.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WBALX Weitz Balanced Fund	4.99%	4.95%	4.98%	1.11%	1.95%	2.57%	1.08%	1.88%	9.78%	2.72%	3.26%	5.51%
WVALX Weitz Value Fund	23.09%	21.83%	11.03%	5.38%	14.15%	3.77%	9.12%	4.70%	10.95%	7.16%	0.00%	12.93%

Frequently Asked Questions

Can I hold both WVALX and WBALX in my portfolio?

With a correlation of 0.90, WVALX 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.

Which is riskier, WVALX or WBALX?

WVALX has higher volatility (3.22%) compared to WBALX (1.56%). In terms of maximum drawdown, WVALX dropped -61.96% vs WBALX's -43.04%.

Which has better risk-adjusted returns?

WBALX currently has the higher Sharpe Ratio (0.40 vs -0.18), 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.