DPG vs. ERH
DPG (Duff & Phelps Utility and Infrastructure Fund Inc) and ERH (Allspring Utilities and High Income Fund) are both Utilities Equities funds. Over the past 10 years, DPG returned 7.93%/yr vs 6.78%/yr for ERH. At a 0.45 correlation, their price movements are largely independent. DPG charges 2.26%/yr vs 0.93%/yr for ERH.
Performance
DPG vs. ERH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DPG achieves a 16.91% return, which is significantly higher than ERH's 5.40% return. Over the past 10 years, DPG has outperformed ERH with an annualized return of 7.93%, while ERH has yielded a comparatively lower 6.78% annualized return.
DPG
- 1D
- 1.68%
- 1M
- -0.68%
- YTD
- 16.91%
- 6M
- 16.72%
- 1Y
- 25.14%
- 3Y*
- 23.13%
- 5Y*
- 9.16%
- 10Y*
- 7.93%
ERH
- 1D
- 1.02%
- 1M
- 0.26%
- YTD
- 5.40%
- 6M
- 5.85%
- 1Y
- 13.22%
- 3Y*
- 15.07%
- 5Y*
- 4.44%
- 10Y*
- 6.78%
DPG vs. ERH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPG Duff & Phelps Utility and Infrastructure Fund Inc | 16.91% | 16.33% | 38.22% | -25.07% | 3.15% | 30.37% | -8.91% | 40.68% | -15.84% | 9.12% |
ERH Allspring Utilities and High Income Fund | 5.40% | 19.85% | 25.71% | -10.52% | -18.38% | 22.14% | -1.15% | 33.97% | -8.98% | 18.32% |
Correlation
The correlation between DPG and ERH is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2011 | 0.45 |
The correlation between DPG and ERH shifts across timeframes, from 0.45 (all time) to 0.62 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DPG vs. ERH — Risk / Return Rank
DPG
ERH
DPG vs. ERH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Duff & Phelps Utility and Infrastructure Fund Inc (DPG) and Allspring Utilities and High Income Fund (ERH). 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.
| DPG | ERH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.20 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.32 | 1.42 | +2.90 |
| Martin ratioReturn relative to average drawdown | 10.55 | 2.93 | +7.62 |
Loading charts...
Drawdowns
DPG vs. ERH - Drawdown Comparison
The maximum DPG drawdown since its inception was -64.61%, smaller than the maximum ERH drawdown of -69.81%. Use the drawdown chart below to compare losses from any high point for DPG and ERH.
Loading charts...
Drawdown Indicators
| DPG | ERH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.61% | -69.81% | +5.20% |
Max Drawdown (1Y)Largest decline over 1 year | -5.85% | -9.36% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -18.99% | -21.24% | +2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -41.11% | -37.85% | -3.26% |
Max Drawdown (10Y)Largest decline over 10 years | -64.61% | -46.11% | -18.50% |
Current DrawdownCurrent decline from peak | -2.93% | -5.20% | +2.27% |
Average DrawdownAverage peak-to-trough decline | -13.35% | -17.26% | +3.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 4.53% | -2.14% |
Volatility
DPG vs. ERH - Volatility Comparison
The current volatility for Duff & Phelps Utility and Infrastructure Fund Inc (DPG) is 3.41%, while Allspring Utilities and High Income Fund (ERH) has a volatility of 3.70%. This indicates that DPG experiences smaller price fluctuations and is considered to be less risky than ERH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DPG | ERH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 3.70% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 10.25% | -0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.37% | 12.83% | -0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.98% | 16.71% | +4.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.98% | 19.72% | +9.26% |
DPG vs. ERH - Expense Ratio Comparison
DPG has a 2.26% expense ratio, which is higher than ERH's 0.93% expense ratio.
Dividends
DPG vs. ERH - Dividend Comparison
DPG's dividend yield for the trailing twelve months is around 5.79%, less than ERH's 8.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DPG Duff & Phelps Utility and Infrastructure Fund Inc | 5.79% | 6.61% | 7.19% | 12.21% | 10.36% | 9.70% | 11.48% | 9.21% | 11.81% | 9.02% | 9.03% | 9.50% |
ERH Allspring Utilities and High Income Fund | 8.44% | 8.13% | 7.15% | 9.19% | 8.09% | 5.86% | 7.20% | 6.53% | 8.06% | 6.82% | 7.53% | 8.04% |
Frequently Asked Questions
DPG and ERH have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERH has higher volatility (3.70%) compared to DPG (3.41%). In terms of maximum drawdown, DPG dropped -64.61% vs ERH's -69.81%.
DPG currently has the higher Sharpe Ratio (2.06 vs 1.04), 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.
Find the right allocation for DPG and ERH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer