Allspring Asset Allocation Fund (EAAFX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EAAFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EAAFX
EAAFX charges 1.04% annually. There are 433 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | EAAFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | EAAFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | EAAFX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | EAAFX vs VBAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | EAAFX vs VTMFX |
Best Risk-Adjusted Alternatives to EAAFX
EAAFX has a PortfoliosLab risk / return rank of 64. There are 282 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | EAAFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | EAAFX vs TIBIX | |
| Davis Appreciation & Income Fund | 97 | — | Apr 1992 | EAAFX vs RPFCX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | EAAFX vs NWQIX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | EAAFX vs AYBLX |
Top Performing EAAFX Alternatives (YTD)
EAAFX is at 8.72% YTD. There are 175 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 31.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 31.44% | — | Jan 1998 | EAAFX vs EKBAX | |
| ICON Equity Income Fund | 20.32% | — | May 2004 | EAAFX vs IOEZX | |
| Greenspring Fund | 18.97% | — | Jun 1983 | EAAFX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 18.62% | — | Dec 2002 | EAAFX vs TIBIX | |
| Disciplined Growth Investors Fund | 17.68% | — | Aug 2011 | EAAFX vs DGIFX |
Lowest Volatility Alternatives to EAAFX
EAAFX has 10.53% 1-year volatility. There are 394 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | EAAFX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | EAAFX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.92% | — | Apr 2012 | EAAFX vs SCLAX | |
| Ave Maria Bond Fund | 3.05% | — | Apr 2003 | EAAFX vs AVEFX | |
| American Funds College 2027 Fund | 3.08% | — | Sep 2012 | EAAFX vs CSTAX |
Lowest Drawdown Alternatives to EAAFX
EAAFX has a 1-year max drawdown of -6.44%. There are 280 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | EAAFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | EAAFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | EAAFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | EAAFX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | EAAFX vs CSTAX |
Other Mutual Funds from Allspring
The 10 most viewed Allspring mutual funds shown here include EKWAX, WFMIX, SADIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 27 | -10.56% | — | Jan 1998 | EAAFX vs EKWAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 41 | 14.34% | — | — | EAAFX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 98 | 1.74% | — | Aug 1999 | EAAFX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 71 | 0.62% | — | Aug 1999 | EAAFX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 6 | 1.17% | — | Jan 1998 | EAAFX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 33 | 16.26% | — | May 1993 | EAAFX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 75 | 12.14% | — | Feb 1990 | EAAFX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 12 | 7.56% | — | Feb 2000 | EAAFX vs SENAX | |
| Allspring Alternative Risk Premia Fund | Multistrategy | 96 | 9.57% | — | Jan 2019 | EAAFX vs WRPIX | |
| Allspring Absolute Return Fund | Global Allocation | 86 | 12.34% | — | Feb 2012 | EAAFX vs WARAX |
Often Compared With EAAFX
Investors most often compare EAAFX with WFIOX, PUDZX, BERIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare EAAFX with Any Fund or Stock
Compare EAAFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EAAFX with funds that move differently
Allspring Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EAAFX.
Explore EAAFX Diversifiers