Plastic design methods can be used for determining the load-carrying capacity of partially anchored shear walls. For such walls, the leading stud is not fully anchored against uplift and tying down forces are developed in the sheathing-to-framing joints and the bottom rail will be subjected to crosswise bending, leading to possible splitting failure of the rail. In order to use these plastic design methods, a ductile behaviour of the sheathing-to-framing joints must be ensured. In two earlier experimental programmes, the splitting failure capacity of the bottom rail has been studied. Two brittle failure modes occurred during testing: (1) a crack opening from the bottom surface of the bottom rail and (2) a crack opening from the side surface of the bottom rail. In this article, a fracture mechanics approach for the two failure modes is used to evaluate the experimental results. The comparison shows a good agreement between the experimental and analytical results. The failure mode is largely dependent on the distance between the edge of the washer and the loaded edge of the bottom rail. The fracture mechanics models seem to capture the essential behaviour of the splitting modes and to include the decisive parameters.