Allspring Index Asset Allocation Fund (SFAAX) 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 SFAAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SFAAX
SFAAX charges 1.08% annually. There are 445 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 | SFAAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | SFAAX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | SFAAX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | SFAAX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | SFAAX vs BWBIX |
Best Risk-Adjusted Alternatives to SFAAX
SFAAX has a PortfoliosLab risk / return rank of 62. There are 290 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 | SFAAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | SFAAX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | SFAAX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 94 | — | Sep 2003 | SFAAX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | SFAAX vs AYBLX |
Top Performing SFAAX Alternatives (YTD)
SFAAX is at 6.67% YTD. There are 282 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 30.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 30.31% | — | Jan 1998 | SFAAX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | SFAAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.84% | — | Aug 1998 | SFAAX vs MHELX | |
| ICON Equity Income Fund | 18.66% | — | May 2004 | SFAAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.85% | — | Dec 2002 | SFAAX vs TIBIX |
Lowest Volatility Alternatives to SFAAX
SFAAX has 8.60% 1-year volatility. There are 261 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | SFAAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | SFAAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | SFAAX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | SFAAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | SFAAX vs CSTAX |
Lowest Drawdown Alternatives to SFAAX
SFAAX has a 1-year max drawdown of -5.69%. There are 189 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 | SFAAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | SFAAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | SFAAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | SFAAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | SFAAX vs CSTAX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, WFMIX, SADIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 21 | -11.99% | — | Jan 1998 | SFAAX vs EKWAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 31 | 11.86% | — | — | SFAAX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.85% | — | Aug 1999 | SFAAX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 88 | 0.98% | — | Aug 1999 | SFAAX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 8 | 4.14% | — | Jan 1998 | SFAAX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 20 | 13.37% | — | May 1993 | SFAAX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 72 | 11.91% | — | Feb 1990 | SFAAX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 11 | 7.89% | — | Feb 2000 | SFAAX vs SENAX | |
| Allspring Opportunity Fund | Large Cap Growth Equities | 21 | 9.90% | — | Feb 2000 | SFAAX vs SOPVX | |
| Allspring Absolute Return Fund | Global Allocation | 89 | 13.79% | — | Feb 2012 | SFAAX vs WARAX |
Often Compared With SFAAX
Investors most often compare SFAAX with VOO, WFIOX, SPY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare SFAAX with Any Fund or Stock
Compare SFAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SFAAX with funds that move differently
Allspring Index Asset Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SFAAX.
Explore SFAAX Diversifiers