DGEFX vs. EQIIX
DGEFX (Destinations Equity Income Fund) and EQIIX (Allspring Emerging Markets Equity Income Fund) are both Dividend funds. Over the past 5 years, DGEFX returned 10.89%/yr vs 8.87%/yr for EQIIX. Their 0.52 correlation means they have sometimes moved together and sometimes differently. DGEFX charges 0.92%/yr vs 1.22%/yr for EQIIX.
Performance
DGEFX vs. EQIIX - Performance Comparison
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Returns By Period
In the year-to-date period, DGEFX achieves a 12.45% return, which is significantly lower than EQIIX's 17.89% return.
DGEFX
- 1D
- 0.13%
- 1M
- 2.01%
- 6M
- 7.06%
- YTD
- 12.45%
- 1Y
- 22.55%
- 3Y*
- 15.51%
- 5Y*
- 10.89%
- 10Y*
- —
- ALL TIME*
- 9.39%
EQIIX
- 1D
- 4.01%
- 1M
- -3.66%
- 6M
- 7.18%
- YTD
- 17.89%
- 1Y
- 36.57%
- 3Y*
- 18.98%
- 5Y*
- 8.87%
- 10Y*
- 7.93%
- ALL TIME*
- 7.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DGEFX vs. EQIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DGEFX Destinations Equity Income Fund | 12.45% | 18.95% | 13.27% | 5.11% | -1.12% | 22.41% | -4.09% | 21.80% | -5.48% | 8.87% |
EQIIX Allspring Emerging Markets Equity Income Fund | 17.89% | 28.19% | 10.95% | 12.25% | -17.91% | 3.12% | 7.70% | 16.90% | -11.38% | 12.59% |
Correlation
The correlation between DGEFX and EQIIX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2017 | 0.52 |
Over the past year, the correlation between DGEFX and EQIIX has dropped to 0.30 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
DGEFX vs. EQIIX — Risk / Return Rank
DGEFX
EQIIX
DGEFX vs. EQIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Destinations Equity Income Fund (DGEFX) and Allspring Emerging Markets Equity Income Fund (EQIIX). 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.
| DGEFX | EQIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.30 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 2.40 | +0.75 |
| Martin ratioReturn relative to average drawdown | 11.76 | 7.17 | +4.58 |
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Drawdowns
DGEFX vs. EQIIX - Drawdown Comparison
The maximum DGEFX drawdown since its inception was -36.34%, roughly equal to the maximum EQIIX drawdown of -38.13%. Use the drawdown chart below to compare losses from any high point for DGEFX and EQIIX.
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Drawdown Indicators
| DGEFX | EQIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.34% | -38.13% | +1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -13.94% | +7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -11.72% | -17.64% | +5.92% |
Max Drawdown (5Y)Largest decline over 5 years | -17.18% | -29.25% | +12.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.13% | — |
Current DrawdownCurrent decline from peak | -0.39% | -10.48% | +10.09% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -10.15% | +6.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 4.66% | -2.82% |
Volatility
DGEFX vs. EQIIX - Volatility Comparison
The current volatility for Destinations Equity Income Fund (DGEFX) is 2.76%, while Allspring Emerging Markets Equity Income Fund (EQIIX) has a volatility of 8.35%. This indicates that DGEFX experiences smaller price fluctuations and is considered to be less risky than EQIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DGEFX | EQIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 8.35% | -5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 7.48% | 18.59% | -11.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.52% | 20.78% | -11.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.51% | 16.24% | -3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.49% | 16.65% | -2.16% |
DGEFX vs. EQIIX - Expense Ratio Comparison
DGEFX has a 0.92% expense ratio, which is lower than EQIIX's 1.22% expense ratio.
Dividends
DGEFX vs. EQIIX - Dividend Comparison
DGEFX's dividend yield for the trailing twelve months is around 8.06%, more than EQIIX's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGEFX Destinations Equity Income Fund | 8.06% | 8.57% | 2.70% | 3.91% | 4.69% | 2.87% | 4.43% | 3.76% | 7.05% | 2.79% | 0.00% | 0.00% |
EQIIX Allspring Emerging Markets Equity Income Fund | 2.28% | 2.58% | 2.08% | 2.53% | 2.70% | 2.92% | 1.79% | 2.46% | 2.87% | 1.80% | 2.77% | 2.38% |
Frequently Asked Questions
DGEFX and EQIIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQIIX has higher volatility (8.35%) compared to DGEFX (2.76%). In terms of maximum drawdown, DGEFX dropped -36.34% vs EQIIX's -38.13%.
DGEFX currently has the higher Sharpe Ratio (2.28 vs 1.61), 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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