Allspring Utility and Telecommunications Fund (EVUAX) belongs to the Utilities Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EVUAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EVUAX
EVUAX charges 1.04% annually. There are 10 mutual funds in the Utilities Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Utilities Index Fund Admiral Shares | 0.10% | 10.80B | Apr 2004 | EVUAX vs VUIAX | |
| American Century Utilities Fund | 0.65% | 312.77M | Feb 1993 | EVUAX vs BULIX | |
| Fidelity Telecom and Utilities Fund | 0.68% | — | Nov 1987 | EVUAX vs FIUIX | |
| Franklin Utilities Fund | 0.72% | — | Sep 1948 | EVUAX vs FKUTX | |
| Fidelity Select Utilities Portfolio | 0.74% | — | Dec 1981 | EVUAX vs FSUTX |
Best Risk-Adjusted Alternatives to EVUAX
EVUAX has a PortfoliosLab risk / return rank of 11. There are 9 mutual funds in the Utilities Equities category with higher risk-adjusted ranks, going as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Duff & Phelps Utility and Infrastructure Fund Inc | 83 | — | Jul 2011 | EVUAX vs DPG | |
| Hennessy Gas Utility Fund | 33 | — | May 1989 | EVUAX vs GASFX | |
| Gabelli Utilities Fund | 33 | — | Aug 1999 | EVUAX vs GABUX | |
| MFS Utilities Fund | 18 | — | Feb 1992 | EVUAX vs MMUFX | |
| Allspring Utilities and High Income Fund | 17 | — | Apr 2004 | EVUAX vs ERH |
Top Performing EVUAX Alternatives (YTD)
EVUAX is at 4.66% YTD. There are 10 mutual funds in the Utilities Equities category with higher YTD returns, going as high as 18.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Duff & Phelps Utility and Infrastructure Fund Inc | 18.32% | — | Jul 2011 | EVUAX vs DPG | |
| Hennessy Gas Utility Fund | 11.21% | — | May 1989 | EVUAX vs GASFX | |
| Gabelli Utilities Fund | 8.13% | — | Aug 1999 | EVUAX vs GABUX | |
| Franklin Utilities Fund | 6.88% | — | Sep 1948 | EVUAX vs FKUTX | |
| Franklin Utilities Fund Class A | 6.79% | — | Sep 1948 | EVUAX vs FKUQX |
Lowest Volatility Alternatives to EVUAX
EVUAX has 13.40% 1-year volatility. There are 4 mutual funds in the Utilities Equities category with lower 1-year volatility, going as low as 11.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Utilities Fund | 11.04% | — | Aug 1999 | EVUAX vs GABUX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | 12.15% | — | Jul 2011 | EVUAX vs DPG | |
| Hennessy Gas Utility Fund | 12.45% | — | May 1989 | EVUAX vs GASFX | |
| Allspring Utilities and High Income Fund | 13.12% | — | Apr 2004 | EVUAX vs ERH | |
| Rydex Utilities Fund | 14.09% | — | Apr 2000 | EVUAX vs RYUIX |
Lowest Drawdown Alternatives to EVUAX
EVUAX has a 1-year max drawdown of -7.68%. There are 3 mutual funds in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -5.85%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Duff & Phelps Utility and Infrastructure Fund Inc | -5.85% | — | Jul 2011 | EVUAX vs DPG | |
| Hennessy Gas Utility Fund | -6.95% | — | May 1989 | EVUAX vs GASFX | |
| Gabelli Utilities Fund | -7.14% | — | Aug 1999 | EVUAX vs GABUX | |
| Rydex Utilities Fund | -7.97% | — | Apr 2000 | EVUAX vs RYUIX | |
| Franklin Utilities Fund | -8.10% | — | Sep 1948 | EVUAX vs FKUTX |
Other Mutual Funds from Allspring
The 10 most viewed Allspring mutual funds shown here include EKBAX, EKWAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 88 | 29.72% | — | Jan 1998 | EVUAX vs EKBAX | |
| Allspring Precious Metals Fund | Precious Metals | 27 | -12.00% | — | Jan 1998 | EVUAX vs EKWAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 36 | 13.25% | — | — | EVUAX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.74% | — | Aug 1999 | EVUAX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 77 | 0.51% | — | Aug 1999 | EVUAX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 5 | -0.21% | — | Jan 1998 | EVUAX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 26 | 13.80% | — | May 1993 | EVUAX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 63 | 10.56% | — | Feb 1990 | EVUAX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 7 | 4.92% | — | Feb 2000 | EVUAX vs SENAX | |
| Allspring Asset Allocation Fund | Diversified Portfolio | 55 | 7.55% | — | Jul 1996 | EVUAX vs EAAFX |
Often Compared With EVUAX
Investors most often compare EVUAX with PRUAX, FRURX, SCVAX. These 12 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare EVUAX with Any Fund or Stock
Compare EVUAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EVUAX with funds that move differently
Allspring Utility and Telecommunications Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVUAX.
Explore EVUAX Diversifiers