CPLS vs WTBN
AB Core Plus Bond ETF vs WisdomTree Bianco Total Return Fund ETF
Which is better, CPLS or WTBN?
Nearly the same fund. CPLS costs less.
CPLS has a lower expense ratio. CPLS led over 1Y, WTBN over the full window. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CPLS | WTBN |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.60% |
| AUM | $200M | $103M |
| Dividend Yield | 4.87% | 4.22% |
| Holdings | 818 | 14 |
| YTD Return | -2.78%Best | -3.29% |
| 1Y Return | -2.71%Best | -3.25% |
| Volatility (annualized) | 4.5% | 4.3%Best |
| Max Drawdown | -4.7%Best | -5.1% |
| $10,000 over 2.8 years | $10,649 | $10,769Best |
| Fund Family | AllianceBernstein L.P. | WisdomTree Investments |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Dec 13, 2023 | Dec 20, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 20, 2023 to Oct 14, 2026 (2.8 years).
CPLS vs WTBN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
CPLS vs WTBN Performance
AB Core Plus Bond ETF (CPLS) is an ETF from AllianceBernstein L.P. and WisdomTree Bianco Total Return Fund ETF (WTBN) is an ETF from WisdomTree Investments. Over the past year CPLS returned -2.71% while WTBN returned -3.25%. Year to date, CPLS is down 2.78% versus a loss of 3.29% for WTBN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPLS has been the more volatile fund, with annualized monthly volatility of 4.5% compared with 4.3% for WTBN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.7% for CPLS and -5.1% for WTBN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CPLS charges 0.30% per year while WTBN charges 0.60%. On a $10,000 position that is $30 vs $60 annually, a gap of $30 per year that compounds over a long holding period. On income, CPLS currently yields 4.87% against 4.22% for WTBN.
Holdings Overlap
We hold position weights for 382 holdings in CPLS and 14 in WTBN, totalling 66.6% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 382 positions we hold weights for in CPLS and 14 in WTBN, against full books of 818 and 14.
What only one of them owns
Measured across the 382 and 14 positions we hold weights for.
CPLS holds 371 positions WTBN does not, 66.6% of the fund.
Largest: T 4.875 10/31/30 4.29%, T 4 02/28/30 3.89%, T 4.625 09/30/30 3.53%, T 3.625 08/31/30 3.40%, T 3.125 05/15/48 2.41%
You are not choosing between two funds in isolation.
Whichever of CPLS and WTBN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CPLS or WTBN?
CPLS has an expense ratio of 0.30% while WTBN charges 0.60%. CPLS is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, CPLS or WTBN?
Over the past year CPLS returned -2.71% vs -3.25% for WTBN, so CPLS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPLS or WTBN?
CPLS has been the more volatile fund at 4.5% annualized versus 4.3% for WTBN. Worst drawdown: CPLS -4.7% vs WTBN -5.1%.
Should I hold both CPLS and WTBN?
CPLS and WTBN have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, CPLS or WTBN?
CPLS yields 4.87% while WTBN yields 4.22%, so CPLS currently pays the higher dividend yield.
Is WTBN better than CPLS?
CPLS has a lower expense ratio. CPLS led over 1Y, WTBN over the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.