Allspring Alternative Risk Premia Fund (WRPIX)
The fund seeks to provide investors with exposure to sources of excess return, known as alternative risk premia (ARP), which result from systematic risks and/or behavioral biases existing within the financial markets. The return patterns of ARP have historically displayed low correlations with one another and with traditional asset classes. In order to capture various ARP, the fund will establish both long and short positions in equities, fixed income, currencies and commodities directly or with derivatives.
Fund Info
US94988V2584
Jan 28, 2019
$1,000,000
Expense Ratio
WRPIX has an expense ratio of 0.72%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Allspring Alternative Risk Premia Fund (WRPIX) returned -2.65% year-to-date (YTD) and 2.93% over the past 12 months.
WRPIX
-2.65%
0.88%
0.57%
2.93%
4.46%
4.21%
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of WRPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.60% | 2.52% | -0.23% | -6.33% | 1.00% | -2.65% | |||||||
| 2024 | 3.38% | 0.75% | 2.00% | -0.61% | -0.74% | 1.98% | -0.49% | -0.49% | -0.61% | -0.25% | 2.60% | 3.32% | 11.23% |
| 2023 | -1.24% | 1.51% | 0.62% | 1.23% | -0.49% | 0.49% | -0.61% | 1.47% | -1.08% | 1.95% | -1.08% | -2.71% | -0.05% |
| 2022 | 1.42% | -1.05% | 0.83% | 3.99% | 0.68% | 1.90% | -0.66% | 2.21% | -1.84% | 0.33% | -0.33% | 2.65% | 10.45% |
| 2021 | 0.89% | 0.25% | 2.38% | 1.84% | 1.92% | -0.12% | -0.00% | -0.83% | 0.83% | -0.59% | -1.90% | 2.06% | 6.84% |
| 2020 | 1.37% | -1.77% | -11.33% | -1.43% | -0.61% | -2.20% | 1.00% | -0.37% | -0.99% | -0.88% | -1.01% | 0.64% | -16.77% |
| 2019 | 0.10% | -1.31% | 1.02% | -1.31% | -0.51% | 1.23% | 0.91% | -0.10% | -1.41% | 0.41% | -2.73% | -3.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WRPIX is 29, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Allspring Alternative Risk Premia Fund (WRPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Allspring Alternative Risk Premia Fund provided a 3.35% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.27 | $0.36 | $1.23 | $0.00 | $0.00 | $0.09 |
Dividend yield | 3.35% | 3.26% | 4.66% | 15.24% | 0.00% | 0.00% | 0.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Allspring Alternative Risk Premia 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $1.23 |
| 2021 | $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 |
| 2020 | $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 |
| 2019 | $0.09 | $0.09 |
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 Alternative Risk Premia 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 Alternative Risk Premia Fund was 22.27%, occurring on Dec 14, 2020. Recovery took 986 trading sessions.
The current Allspring Alternative Risk Premia Fund drawdown is 6.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.27% | Feb 25, 2019 | 457 | Dec 14, 2020 | 986 | Nov 14, 2024 | 1443 |
| -8.72% | Mar 26, 2025 | 14 | Apr 14, 2025 | — | — | — |
| -2.44% | Mar 4, 2025 | 7 | Mar 12, 2025 | 9 | Mar 25, 2025 | 16 |
| -1.56% | Jan 6, 2025 | 10 | Jan 21, 2025 | 8 | Jan 31, 2025 | 18 |
| -0.72% | Feb 4, 2025 | 2 | Feb 5, 2025 | 1 | Feb 6, 2025 | 3 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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