ATLAX vs. EKBAX

Last updated Apr 4, 2026

Compare and contrast key facts about Atlas U.S. Tactical Income Fund (ATLAX) and Allspring Diversified Capital Builder Fund (EKBAX).

ATLAX is managed by Voya. It was launched on Sep 29, 2015. EKBAX is managed by Allspring Global Investments. It was launched on Jan 19, 1998.

Performance

ATLAX vs. EKBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atlas U.S. Tactical Income Fund (ATLAX) and Allspring Diversified Capital Builder Fund (EKBAX). The values are adjusted to include any dividend payments, if applicable.

ATLAX vs. EKBAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATLAX Atlas U.S. Tactical Income Fund	-0.78%	13.62%	4.51%	9.92%	-23.76%	-1.25%	1.46%	4.27%	-8.13%	2.39%
EKBAX Allspring Diversified Capital Builder Fund	8.92%	21.87%	21.75%	22.23%	-13.47%	19.61%	12.66%	32.99%	-5.55%	14.43%

Returns By Period

In the year-to-date period, ATLAX achieves a -0.78% return, which is significantly lower than EKBAX's 8.92% return. Over the past 10 years, ATLAX has underperformed EKBAX with an annualized return of -0.18%, while EKBAX has yielded a comparatively higher 14.28% annualized return.

ATLAX

• 1D: 0.34%
• 1M: -2.03%
• YTD: -0.78%
• 6M: 1.46%
• 1Y: 9.73%
• 3Y*: 8.13%
• 5Y*: -0.53%
• 10Y*: -0.18%

EKBAX

• 1D: 0.18%
• 1M: -1.73%
• YTD: 8.92%
• 6M: 14.89%
• 1Y: 49.89%
• 3Y*: 23.52%
• 5Y*: 14.65%
• 10Y*: 14.28%

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

ATLAX vs. EKBAX - Expense Ratio Comparison

ATLAX has a 1.18% expense ratio, which is higher than EKBAX's 1.10% expense ratio.

ATLAX

Atlas U.S. Tactical Income Fund

EKBAX

Allspring Diversified Capital Builder Fund

Return for Risk

ATLAX vs. EKBAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ATLAX

ATLAX Risk / Return Rank: 57
ATLAX Sharpe Ratio Rank: 64
ATLAX Sortino Ratio Rank: 62
ATLAX Omega Ratio Rank: 56
ATLAX Calmar Ratio Rank: 54
ATLAX Martin Ratio Rank: 50

EKBAX

EKBAX Risk / Return Rank: 90
EKBAX Sharpe Ratio Rank: 88
EKBAX Sortino Ratio Rank: 87
EKBAX Omega Ratio Rank: 88
EKBAX Calmar Ratio Rank: 92
EKBAX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ATLAX vs. EKBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atlas U.S. Tactical Income Fund (ATLAX) and Allspring Diversified Capital Builder Fund (EKBAX). 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.

	ATLAX	EKBAX	Difference
Sharpe ratio Return per unit of total volatility	1.32	1.95	-0.62
Sortino ratio Return per unit of downside risk	1.86	2.54	-0.69
Omega ratio Gain probability vs. loss probability	1.26	1.40	-0.15
Calmar ratio Return relative to maximum drawdown	1.67	3.15	-1.48
Martin ratio Return relative to average drawdown	6.40	15.28	-8.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATLAX vs. EKBAX - Sharpe Ratio Comparison

The current ATLAX Sharpe Ratio is 1.32, which is lower than the EKBAX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of ATLAX and EKBAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ATLAX	EKBAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	1.95	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	0.82	-0.88
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.01	0.82	-0.83
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.47	-0.46

Correlation

The correlation between ATLAX and EKBAX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ATLAX vs. EKBAX - Dividend Comparison

ATLAX's dividend yield for the trailing twelve months is around 5.28%, less than EKBAX's 8.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATLAX Atlas U.S. Tactical Income Fund	5.28%	4.68%	5.15%	3.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EKBAX Allspring Diversified Capital Builder Fund	8.83%	9.61%	5.28%	6.16%	12.50%	6.89%	2.03%	9.49%	7.14%	6.20%	10.05%	11.47%

Drawdowns

ATLAX vs. EKBAX - Drawdown Comparison

The maximum ATLAX drawdown since its inception was -39.28%, smaller than the maximum EKBAX drawdown of -55.64%. Use the drawdown chart below to compare losses from any high point for ATLAX and EKBAX.

Drawdown Indicators

	ATLAX	EKBAX	Difference
Max Drawdown Largest peak-to-trough decline	-39.28%	-55.64%	+16.36%
Max Drawdown (1Y) Largest decline over 1 year	-4.66%	-7.32%	+2.66%
Max Drawdown (5Y) Largest decline over 5 years	-31.49%	-24.84%	-6.65%
Max Drawdown (10Y) Largest decline over 10 years	-39.28%	-32.33%	-6.95%
Current Drawdown Current decline from peak	-15.15%	-3.46%	-11.69%
Average Drawdown Average peak-to-trough decline	-14.58%	-8.02%	-6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	2.74%	-1.32%

Volatility

ATLAX vs. EKBAX - Volatility Comparison

The current volatility for Atlas U.S. Tactical Income Fund (ATLAX) is 2.88%, while Allspring Diversified Capital Builder Fund (EKBAX) has a volatility of 6.22%. This indicates that ATLAX experiences smaller price fluctuations and is considered to be less risky than EKBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATLAX	EKBAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	6.22%	-3.34%
Volatility (6M) Calculated over the trailing 6-month period	3.91%	13.07%	-9.16%
Volatility (1Y) Calculated over the trailing 1-year period	7.08%	20.90%	-13.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.88%	17.89%	-9.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	17.41%	-0.98%