- ISIN
- US94975H2470
- CUSIP
- 94975H247
- Inception Date
- Nov 12, 1986
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SFAAX Performance Chart
Allspring Index Asset Allocation Fund (SFAAX) is up 6.1% since the beginning of the year. SFAAX is currently trading at $40 per share. Investors who bought $1,000 worth of SFAAX shares 5 years ago would now be looking at an investment worth $1,431.
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Returns By Period
Allspring Index Asset Allocation Fund (SFAAX) has returned 6.10% so far this year and 17.17% over the past 12 months. Over the last ten years, SFAAX has returned 9.35% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Allspring Index Asset Allocation Fund
- 1D
- 0.78%
- 1M
- 0.32%
- YTD
- 6.10%
- 6M
- 5.71%
- 1Y
- 17.17%
- 3Y*
- 13.03%
- 5Y*
- 7.43%
- 10Y*
- 9.35%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SFAAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1990, SFAAX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +8.0%, while the worst month was Oct 2008 at -14.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SFAAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +10.3%, while the worst single day was Oct 27, 1997 at -7.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.97% | -0.18% | -3.48% | 6.28% | 3.39% | -0.74% | 6.10% | ||||||
| 2025 | 1.45% | 0.03% | -3.55% | -0.66% | 3.05% | 3.45% | 1.21% | 1.59% | 2.70% | 1.77% | 0.33% | -0.32% | 11.39% |
| 2024 | 0.90% | 2.67% | 2.24% | -3.88% | 3.88% | 2.79% | 1.64% | 2.14% | 1.93% | -1.81% | 4.29% | -2.70% | 14.61% |
| 2023 | 4.78% | -2.81% | 3.42% | 1.06% | -0.27% | 3.57% | 1.73% | -1.26% | -4.16% | -2.12% | 7.71% | 4.55% | 16.64% |
| 2022 | -4.24% | -2.27% | 0.82% | -6.82% | 0.15% | -5.20% | 5.99% | -3.59% | -6.73% | 4.12% | 4.34% | -4.00% | -17.03% |
| 2021 | -1.21% | 1.13% | 2.16% | 3.76% | 0.44% | 1.75% | 1.92% | 1.89% | -3.66% | 4.44% | -0.22% | 2.60% | 15.76% |
Benchmark Metrics
Allspring Index Asset Allocation Fund has an annualized alpha of 2.41%, beta of 0.67, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since January 02, 1990.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (69.65%) than losses (65.58%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.41% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.67 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.41%
- Beta
- 0.67
- R²
- 0.87
- Upside Capture
- 69.65%
- Downside Capture
- 65.58%
Expense Ratio
SFAAX has a high expense ratio of 1.08%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SFAAX ranks 59 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Allspring Index Asset Allocation Fund (SFAAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SFAAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 2.78 | +0.23 |
| Martin ratioReturn relative to average drawdown | 12.50 | 12.44 | +0.06 |
Dividends
Dividend History
Allspring Index Asset Allocation Fund provided a 11.93% dividend yield over the last twelve months, with an annual payout of $4.81 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.81 | $4.82 | $4.91 | $2.82 | $1.74 | $2.61 | $1.52 | $1.30 | $1.20 | $0.42 | $0.49 | $1.78 |
Dividend yield | 11.93% | 12.65% | 12.74% | 7.46% | 4.98% | 5.92% | 3.77% | 3.60% | 3.88% | 1.27% | 1.66% | 6.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Index Asset Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.09 | ||||||
| 2025 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $4.52 | $4.82 |
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $4.62 | $4.91 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $2.58 | $2.82 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $1.58 | $1.74 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.61 | $2.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Allspring Index Asset Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Allspring Index Asset Allocation Fund was 47.78%, occurring on Mar 9, 2009. Recovery took 744 trading sessions.
The current Allspring Index Asset Allocation Fund drawdown is 0.98%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -47.78%Mar 2009 | 1y 5mo | 2y 11mo | 4y 4moOct 2007 - Feb 2012 |
Dot-com crash2000–2002 | -32.50%Oct 2002 | 2y 1mo | 2y 2mo | 4y 3moSep 2000 - Dec 2004 |
Bear market2022 | -24.32%Oct 2022 | 10mo 8d | 1y 8mo | 2y 6moDec 2021 - Jun 2024 |
COVID crash2020 | -20.11%Mar 2020 | 1mo 2d | 2mo 17d | 3mo 19dFeb 2020 - Jun 2020 |
1998 correction1998 | -13.13%Aug 1998 | 1mo 12d | 2mo 19d | 4mo 1dJul 1998 - Nov 1998 |
Drawdown Indicators
| SFAAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.78% | -56.78% | +9.00% |
Max Drawdown (1Y)Largest decline over 1 year | -5.69% | -9.10% | +3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -11.69% | -18.90% | +7.21% |
Max Drawdown (5Y)Largest decline over 5 years | -24.32% | -25.43% | +1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -24.32% | -33.92% | +9.60% |
Current DrawdownCurrent decline from peak | -0.98% | -1.80% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -10.71% | +4.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 2.03% | -0.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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