Allspring Spectrum Conservative Growth Fund (WMBFX) 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 WMBFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WMBFX
WMBFX charges 1.50% annually. There are 504 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 | WMBFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | WMBFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | WMBFX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | WMBFX vs VBAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | WMBFX vs FYMIX |
Best Risk-Adjusted Alternatives to WMBFX
WMBFX has a PortfoliosLab risk / return rank of 46. There are 411 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 | WMBFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | WMBFX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | WMBFX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | WMBFX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | WMBFX vs FSRRX |
Top Performing WMBFX Alternatives (YTD)
WMBFX is at 4.67% YTD. There are 382 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 | WMBFX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | WMBFX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | WMBFX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | WMBFX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | WMBFX vs BRUFX |
Lowest Volatility Alternatives to WMBFX
WMBFX has 8.55% 1-year volatility. There are 248 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 | WMBFX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | WMBFX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | WMBFX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | WMBFX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | WMBFX vs CSTAX |
Lowest Drawdown Alternatives to WMBFX
WMBFX has a 1-year max drawdown of -4.36%. There are 76 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 | WMBFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | WMBFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | WMBFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | WMBFX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | WMBFX 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 | WMBFX vs EKWAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 37 | 13.27% | — | — | WMBFX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.74% | — | Aug 1999 | WMBFX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 84 | 0.62% | — | Aug 1999 | WMBFX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 6 | -0.64% | — | Jan 1998 | WMBFX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 25 | 13.11% | — | May 1993 | WMBFX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 65 | 9.91% | — | Feb 1990 | WMBFX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 8 | 4.63% | — | Feb 2000 | WMBFX vs SENAX | |
| Allspring Asset Allocation Fund | Diversified Portfolio | 55 | 7.16% | — | Jul 1996 | WMBFX vs EAAFX | |
| Allspring Alternative Risk Premia Fund | Multistrategy | 96 | 10.43% | — | Jan 2019 | WMBFX vs WRPIX |
Often Compared With WMBFX
Investors most often compare WMBFX with BWBIX, BLNDX, FCSRX. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare WMBFX with Any Fund or Stock
Compare WMBFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WMBFX with funds that move differently
Allspring Spectrum Conservative Growth Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WMBFX.
Explore WMBFX Diversifiers