AFIX vs. VGVT
AFIX (Allspring Broad Market Core Bond ETF) and VGVT (Vanguard Government Securities Active ETF) are both Intermediate Core Bond funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. AFIX charges 0.20%/yr vs 0.10%/yr for VGVT.
Performance
AFIX vs. VGVT - Performance Comparison
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Returns By Period
In the year-to-date period, AFIX achieves a 0.31% return, which is significantly higher than VGVT's 0.11% return.
AFIX
- 1D
- -0.22%
- 1M
- 0.23%
- YTD
- 0.31%
- 6M
- 0.22%
- 1Y
- 5.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VGVT
- 1D
- -0.15%
- 1M
- 0.17%
- YTD
- 0.11%
- 6M
- 0.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AFIX vs. VGVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AFIX Allspring Broad Market Core Bond ETF | 0.31% | 3.71% |
VGVT Vanguard Government Securities Active ETF | 0.11% | 3.28% |
Correlation
The correlation between AFIX and VGVT is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025 | 0.89 |
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Return for Risk
AFIX vs. VGVT — Risk / Return Rank
AFIX
VGVT
AFIX vs. VGVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Broad Market Core Bond ETF (AFIX) and Vanguard Government Securities Active ETF (VGVT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AFIX | VGVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | — | — |
| Martin ratioReturn relative to average drawdown | 5.67 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AFIX | VGVT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 1.17 | -0.28 |
Drawdowns
AFIX vs. VGVT - Drawdown Comparison
The maximum AFIX drawdown since its inception was -3.33%, which is greater than VGVT's maximum drawdown of -2.77%. Use the drawdown chart below to compare losses from any high point for AFIX and VGVT.
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Drawdown Indicators
| AFIX | VGVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.33% | -2.77% | -0.56% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | — | — |
Current DrawdownCurrent decline from peak | -1.88% | -1.76% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -0.96% | -0.67% | -0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | — | — |
Volatility
AFIX vs. VGVT - Volatility Comparison
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Volatility by Period
| AFIX | VGVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.97% | 3.22% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.55% | 3.22% | +1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.55% | 3.22% | +1.33% |
AFIX vs. VGVT - Expense Ratio Comparison
AFIX has a 0.20% expense ratio, which is higher than VGVT's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AFIX vs. VGVT - Dividend Comparison
AFIX's dividend yield for the trailing twelve months is around 5.02%, more than VGVT's 3.99% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AFIX Allspring Broad Market Core Bond ETF | 5.02% | 4.94% | 0.38% |
VGVT Vanguard Government Securities Active ETF | 3.99% | 2.29% | 0.00% |
Frequently Asked Questions
AFIX and VGVT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGVT is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGVT is cheaper with a 0.10% expense ratio, compared with 0.20% for AFIX.
AFIX has the higher dividend yield at 5.02%, compared with 3.99% for VGVT.
They also come from different issuers: Allspring and Vanguard. Their fees differ too: 0.20% for AFIX and 0.10% for VGVT.
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