Allspring Government Securities Fund (SGVIX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SGVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SGVIX
SGVIX charges 0.48% annually. There are 45 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | SGVIX vs GUSTX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | — | SGVIX vs FUAMX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | SGVIX vs FNBGX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | SGVIX vs FUMBX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | SGVIX vs FUTBX |
Best Risk-Adjusted Alternatives to SGVIX
SGVIX has a PortfoliosLab risk / return rank of 20. There are 53 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | SGVIX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | SGVIX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 88 | — | Aug 2010 | SGVIX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 86 | 33.50B | Dec 2009 | SGVIX vs VSBSX | |
| Integrity Short Term Government Fund | 84 | — | Jun 2011 | SGVIX vs MDSIX |
Top Performing SGVIX Alternatives (YTD)
SGVIX is at 0.15% YTD. There are 52 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 1.82% | — | Dec 1985 | SGVIX vs FEUGX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.70% | 6.50B | Feb 2015 | SGVIX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.65% | 6.50B | May 2013 | SGVIX vs VGAVX | |
| Integrity Short Term Government Fund | 1.65% | — | Jun 2011 | SGVIX vs MDSIX | |
| GMO U.S. Treasury Fund | 1.46% | — | Mar 2009 | SGVIX vs GUSTX |
Lowest Volatility Alternatives to SGVIX
SGVIX has 3.87% 1-year volatility. There are 49 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 1.21% | — | May 1987 | SGVIX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.22% | — | Mar 2009 | SGVIX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.27% | — | Aug 2010 | SGVIX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.28% | 33.50B | Dec 2009 | SGVIX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.41% | — | Dec 1985 | SGVIX vs FEUGX |
Lowest Drawdown Alternatives to SGVIX
SGVIX has a 1-year max drawdown of -3.16%. There are 55 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | SGVIX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | SGVIX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | SGVIX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | SGVIX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | 33.50B | Dec 2009 | SGVIX vs VSBSX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 28 | 2.44% | — | Jan 1998 | SGVIX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 97 | 36.56% | — | Jan 1998 | SGVIX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 27 | 10.96% | — | — | SGVIX vs WFMIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 82 | 0.61% | — | Aug 1999 | SGVIX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 14 | 7.22% | — | Jan 1998 | SGVIX vs EKJAX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 98 | 1.49% | — | Aug 1999 | SGVIX vs SADIX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 14 | 9.42% | — | May 1993 | SGVIX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 75 | 12.18% | — | Feb 1990 | SGVIX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 11 | 7.68% | — | Feb 2000 | SGVIX vs SENAX | |
| Allspring Opportunity Fund | Large Cap Growth Equities | 29 | 9.42% | — | Feb 2000 | SGVIX vs SOPVX |
Often Compared With SGVIX
Investors most often compare SGVIX with SCVAX, SGOV, SEGMX. These 5 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Small Company Value Fund | Small Cap Value Equities | 45 | 16.22% | — | Jan 2002 | SGVIX vs SCVAX | |
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | SGVIX vs SGOV | |
| SEI Daily Income Trust GNMA Fund | Government Bonds | 32 | 0.88% | — | Mar 1987 | SGVIX vs SEGMX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 33 | 1.23% | — | Jul 1997 | SGVIX vs PDMIX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | Government Bonds | 6 | -0.08% | — | Oct 2015 | SGVIX vs FBLTX |
Compare SGVIX with Any Fund or Stock
Compare SGVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SGVIX with funds that move differently
Allspring Government Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SGVIX.
Explore SGVIX Diversifiers