- ISIN
- US9499153594
- CUSIP
- 949915359
- Inception Date
- Apr 8, 2005
- Category
- Mid Cap Growth Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
WFDDX Performance Chart
Allspring Discovery SMID Cap Growth Fund (WFDDX) is up 19.9% since the beginning of the year. WFDDX is currently trading at $30 per share. Investors who bought $1,000 worth of WFDDX shares 5 years ago would now be looking at an investment worth $1,029.
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Returns By Period
Allspring Discovery SMID Cap Growth Fund (WFDDX) has returned 19.92% so far this year and 24.24% over the past 12 months. Over the last decade, WFDDX has posted an annualized return of 14.05%, slightly higher than the S&P 500 Index benchmark’s 13.70%.
Allspring Discovery SMID Cap Growth Fund
- 1D
- 1.32%
- 1M
- 5.30%
- YTD
- 19.92%
- 6M
- 16.70%
- 1Y
- 24.24%
- 3Y*
- 16.51%
- 5Y*
- 0.57%
- 10Y*
- 14.05%
Benchmark (S&P 500 Index)
- 1D
- -0.05%
- 1M
- -2.77%
- YTD
- 7.43%
- 6M
- 6.12%
- 1Y
- 19.13%
- 3Y*
- 18.87%
- 5Y*
- 11.43%
- 10Y*
- 13.70%
WFDDX Monthly Returns History
Based on dividend-adjusted daily data since Apr 8, 2005, WFDDX's average daily return is +0.06%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +17.7%, while the worst month was Oct 2008 at -20.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, WFDDX closed higher 54% of trading days. The best single day was Dec 9, 2021 with a return of +35.3%, while the worst single day was Dec 10, 2021 at -30.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.72% | 0.91% | -6.97% | 14.85% | 4.86% | 5.30% | 19.92% | ||||||
| 2025 | 4.33% | -5.88% | -9.04% | 1.94% | 7.57% | 4.49% | 0.85% | 3.88% | -0.61% | 0.30% | 1.08% | -2.35% | 5.51% |
| 2024 | -0.43% | 7.63% | 3.11% | -4.68% | 2.98% | 0.00% | 1.81% | 3.05% | 3.06% | -1.94% | 11.48% | -7.92% | 18.05% |
| 2023 | 10.79% | -2.72% | 3.10% | -1.06% | 0.73% | 6.51% | 1.24% | -3.79% | -5.82% | -7.05% | 10.30% | 8.41% | 20.25% |
| 2022 | -18.53% | -1.21% | 0.83% | -14.86% | -7.91% | -4.68% | 15.20% | -3.48% | -9.47% | 5.82% | 3.71% | -7.23% | -37.83% |
| 2021 | -1.34% | 1.93% | -6.31% | 5.47% | -4.83% | 7.68% | 0.39% | 4.02% | -5.98% | 5.50% | -9.40% | -1.76% | -6.10% |
Benchmark Metrics
Allspring Discovery SMID Cap Growth Fund has an annualized alpha of 2.43%, beta of 1.11, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since April 08, 2005.
- This fund captured 122.23% of S&P 500 Index gains and 112.10% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.43% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.11 and R2 of 0.64, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.43%
- Beta
- 1.11
- R²
- 0.64
- Upside Capture
- 122.23%
- Downside Capture
- 112.10%
Expense Ratio
WFDDX has a high expense ratio of 1.11%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WFDDX ranks 27 for risk / return — below 27% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Allspring Discovery SMID Cap Growth Fund (WFDDX) 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.
| WFDDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.29 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 2.18 | -0.41 |
| Martin ratioReturn relative to average drawdown | 6.48 | 9.54 | -3.06 |
Dividends
Dividend History
Allspring Discovery SMID Cap Growth Fund provided a 14.32% dividend yield over the last twelve months, with an annual payout of $4.29 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.29 | $4.29 | $2.59 | $0.00 | $0.29 | $12.61 | $2.45 | $8.71 | $5.06 | $6.03 | $0.41 | $2.59 |
Dividend yield | 14.32% | 17.17% | 9.33% | 0.00% | 1.35% | 36.45% | 4.93% | 26.87% | 19.12% | 17.95% | 1.32% | 8.92% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Discovery SMID Cap Growth 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.29 | $4.29 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.59 | $2.59 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $12.61 | $12.61 |
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 Discovery SMID Cap Growth 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 Discovery SMID Cap Growth Fund was 59.22%, occurring on Jun 16, 2022. The portfolio has not yet recovered.
The current Allspring Discovery SMID Cap Growth Fund drawdown is 20.13%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -59.22%Jun 2022 | 6mo 8d | — | 4y 6moDec 2021 - now |
Financial crisis2007–2009 | -56.27%Nov 2008 | 1y 1mo | 2y 1mo | 3y 2moOct 2007 - Dec 2010 |
COVID crash2020 | -35.97%Mar 2020 | 1mo 1d | 2mo 12d | 3mo 13dFeb 2020 - Jun 2020 |
2016 bear market2016 | -29.10%Feb 2016 | 7mo 19d | 1y 3d | 1y 7moJun 2015 - Feb 2017 |
2011 bear market2011 | -27.19%Aug 2011 | 3mo 19d | 6mo 1d | 9mo 20dMay 2011 - Feb 2012 |
Drawdown Indicators
| WFDDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.22% | -56.78% | -2.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.77% | -9.10% | -5.67% |
Max Drawdown (3Y)Largest decline over 3 years | -27.05% | -18.90% | -8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -59.22% | -25.43% | -33.79% |
Max Drawdown (10Y)Largest decline over 10 years | -59.22% | -33.92% | -25.30% |
Current DrawdownCurrent decline from peak | -20.13% | -3.36% | -16.77% |
Average DrawdownAverage peak-to-trough decline | -16.28% | -10.71% | -5.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 2.07% | +1.96% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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