ASCE vs. IXC
ASCE (Allspring SMID Core ETF) and IXC (iShares Global Energy ETF) are both exchange-traded funds - ASCE is a Small Cap Blend Equities fund actively managed by Allspring, while IXC is a Energy Equities fund tracking the S&P Global 1200 Energy Capped Index. ASCE is actively managed, while IXC is passively managed. Over the past year, ASCE returned 33.02% vs 38.34% for IXC. Their -0.01 correlation means they have often moved in opposite directions in the past. ASCE charges 0.38%/yr vs 0.40%/yr for IXC.
Performance
ASCE vs. IXC - Performance Comparison
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Returns By Period
In the year-to-date period, ASCE achieves a 23.97% return, which is significantly lower than IXC's 32.59% return.
ASCE
- 1D
- -1.20%
- 1M
- -3.78%
- 6M
- 16.66%
- YTD
- 23.97%
- 1Y
- 33.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 32.33%
IXC
- 1D
- 2.39%
- 1M
- 11.03%
- 6M
- 18.89%
- YTD
- 32.59%
- 1Y
- 38.34%
- 3Y*
- 16.40%
- 5Y*
- 21.95%
- 10Y*
- 10.06%
- ALL TIME*
- 8.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.09M | $3.57M | $2.07M | |
| $37.97M | $60.40M | $57.66M |
ASCE vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ASCE Allspring SMID Core ETF | 23.97% | 8.46% |
IXC iShares Global Energy ETF | 32.59% | 8.08% |
Correlation
The correlation between ASCE and IXC is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2025 | -0.01 |
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Return for Risk
ASCE vs. IXC — Risk / Return Rank
ASCE
IXC
ASCE vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring SMID Core ETF (ASCE) and iShares Global Energy ETF (IXC). 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.
| ASCE | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 2.51 | +1.09 |
| Martin ratioReturn relative to average drawdown | 10.87 | 7.77 | +3.10 |
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Drawdowns
ASCE vs. IXC - Drawdown Comparison
The maximum ASCE drawdown since its inception was -9.22%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for ASCE and IXC.
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Drawdown Indicators
| ASCE | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.22% | -67.88% | +58.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -15.36% | +6.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.16% | — |
Current DrawdownCurrent decline from peak | -5.57% | -4.58% | -0.99% |
Average DrawdownAverage peak-to-trough decline | -2.11% | -17.43% | +15.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 4.98% | -1.93% |
Volatility
ASCE vs. IXC - Volatility Comparison
The current volatility for Allspring SMID Core ETF (ASCE) is 5.30%, while iShares Global Energy ETF (IXC) has a volatility of 6.37%. This indicates that ASCE experiences smaller price fluctuations and is considered to be less risky than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASCE | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 6.37% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 15.14% | 16.06% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.86% | 19.67% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.56% | 23.38% | -3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 26.84% | -7.28% |
ASCE vs. IXC - Expense Ratio Comparison
ASCE has a 0.38% expense ratio, which is lower than IXC's 0.40% expense ratio.
Dividends
ASCE vs. IXC - Dividend Comparison
ASCE's dividend yield for the trailing twelve months is around 0.17%, less than IXC's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASCE Allspring SMID Core ETF | 0.17% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXC iShares Global Energy ETF | 2.87% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Frequently Asked Questions
ASCE and IXC have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IXC has higher volatility (6.37%) compared to ASCE (5.30%). In terms of maximum drawdown, ASCE dropped -9.22% vs IXC's -67.88%.
On 1-year performance, IXC leads with 38.34% vs 33.02% for ASCE. On fees, ASCE is cheaper at 0.38% per year. On volatility, ASCE has been the lower-risk option at 5.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IXC has performed better with a 38.34% return vs 33.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ASCE is cheaper with a 0.38% expense ratio, compared with 0.40% for IXC.
IXC has the higher dividend yield at 2.87%, compared with 0.17% for ASCE.
ASCE is categorized as Small Cap Blend Equities, while IXC is Energy Equities. They also come from different issuers: Allspring and iShares. Their fees differ too: 0.38% for ASCE and 0.40% for IXC.
IXC currently has the higher Sharpe Ratio (1.96 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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