ASCE vs. ESIX

Last updated Jun 24, 2026

ASCE (Allspring SMID Core ETF) and ESIX (SPDR S&P SmallCap 600 ESG ETF) are both Small Cap Blend Equities funds. ASCE is actively managed, while ESIX is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. ASCE charges 0.38%/yr vs 0.12%/yr for ESIX.

Performance

ASCE vs. ESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring SMID Core ETF (ASCE) and SPDR S&P SmallCap 600 ESG ETF (ESIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASCE

• 1D: -2.21%
• 1M: 6.39%
• YTD: 28.36%
• 6M: 23.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASCE vs. ESIX - Yearly Performance Comparison

	2026 (YTD)	2025
ASCE Allspring SMID Core ETF	28.36%	8.46%
ESIX SPDR S&P SmallCap 600 ESG ETF	10.83%	5.96%

Correlation

The correlation between ASCE and ESIX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 8, 2025	0.79

Return for Risk

ASCE vs. ESIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring SMID Core ETF (ASCE) and SPDR S&P SmallCap 600 ESG ETF (ESIX). 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.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	ASCE	ESIX	Difference
Max Drawdown Largest peak-to-trough decline	-9.22%	—	—
Current Drawdown Current decline from peak	-2.21%	—	—
Average Drawdown Average peak-to-trough decline	-2.02%	—	—

Volatility

Volatility by Period

	ASCE	ESIX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.77%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.77%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	—	—

ASCE vs. ESIX - Expense Ratio Comparison

ASCE has a 0.38% expense ratio, which is higher than ESIX's 0.12% expense ratio.

Dividends

ASCE vs. ESIX - Dividend Comparison

ASCE's dividend yield for the trailing twelve months is around 0.17%, less than ESIX's 1.05% yield.

Position	TTM	2025	2024	2023	2022
ASCE Allspring SMID Core ETF	0.17%	0.22%	0.00%	0.00%	0.00%
ESIX SPDR S&P SmallCap 600 ESG ETF	1.05%	1.64%	1.65%	1.69%	1.54%

Frequently Asked Questions

Can I hold both ASCE and ESIX in my portfolio?

ASCE and ESIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASCE or ESIX?

On fees, ESIX is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASCE or ESIX?

ESIX is cheaper with a 0.12% expense ratio, compared with 0.38% for ASCE.

Which ETF pays a higher dividend yield, ASCE or ESIX?

ESIX has the higher dividend yield at 1.05%, compared with 0.17% for ASCE.

What is the main difference between ASCE and ESIX?

They also come from different issuers: Allspring and State Street. Their fees differ too: 0.38% for ASCE and 0.12% for ESIX.