Allspring Spectrum Moderate Growth Fund (WGBFX) 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 WGBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WGBFX
WGBFX charges 1.49% annually. There are 503 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 | WGBFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | WGBFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | WGBFX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | WGBFX vs VBAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | WGBFX vs FYMIX |
Best Risk-Adjusted Alternatives to WGBFX
WGBFX has a PortfoliosLab risk / return rank of 53. There are 360 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 | WGBFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | WGBFX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | WGBFX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | WGBFX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | WGBFX vs FSRRX |
Top Performing WGBFX Alternatives (YTD)
WGBFX is at 6.48% YTD. There are 258 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | WGBFX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | WGBFX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | WGBFX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | WGBFX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | WGBFX vs BRUFX |
Lowest Volatility Alternatives to WGBFX
WGBFX has 10.05% 1-year volatility. There are 370 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | WGBFX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | WGBFX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | WGBFX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | WGBFX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | WGBFX vs CSTAX |
Lowest Drawdown Alternatives to WGBFX
WGBFX has a 1-year max drawdown of -4.99%. There are 126 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 | WGBFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | WGBFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | WGBFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | WGBFX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | WGBFX vs CSTAX |
Other Mutual Funds from Allspring
The 10 most viewed Allspring mutual funds shown here include EKWAX, WFMIX, SADIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 35 | -9.10% | — | Jan 1998 | WGBFX vs EKWAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 37 | 13.27% | — | — | WGBFX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.74% | — | Aug 1999 | WGBFX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 84 | 0.62% | — | Aug 1999 | WGBFX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 6 | -0.64% | — | Jan 1998 | WGBFX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 25 | 13.11% | — | May 1993 | WGBFX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 65 | 9.91% | — | Feb 1990 | WGBFX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 8 | 4.63% | — | Feb 2000 | WGBFX vs SENAX | |
| Allspring Asset Allocation Fund | Diversified Portfolio | 55 | 7.16% | — | Jul 1996 | WGBFX vs EAAFX | |
| Allspring Alternative Risk Premia Fund | Multistrategy | 96 | 10.43% | — | Jan 2019 | WGBFX vs WRPIX |
Often Compared With WGBFX
Investors most often compare WGBFX with BWBIX, FSIRX, MHELX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare WGBFX with Any Fund or Stock
Compare WGBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WGBFX with funds that move differently
Allspring Spectrum Moderate Growth Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WGBFX.
Explore WGBFX Diversifiers