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EAAFX vs. SSHIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EAAFX vs. SSHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Asset Allocation Fund (EAAFX) and Allspring Short-Term Bond Plus Fund (SSHIX). The values are adjusted to include any dividend payments, if applicable.

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EAAFX vs. SSHIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EAAFX
Allspring Asset Allocation Fund
0.39%15.11%10.65%14.32%-16.00%13.38%13.57%19.77%-9.58%14.80%
SSHIX
Allspring Short-Term Bond Plus Fund
0.10%5.59%5.41%6.19%-4.87%0.16%6.02%4.80%1.41%1.31%

Returns By Period

In the year-to-date period, EAAFX achieves a 0.39% return, which is significantly higher than SSHIX's 0.10% return. Over the past 10 years, EAAFX has outperformed SSHIX with an annualized return of 7.37%, while SSHIX has yielded a comparatively lower 2.68% annualized return.


EAAFX

1D
0.19%
1M
-6.26%
YTD
0.39%
6M
2.49%
1Y
15.31%
3Y*
11.97%
5Y*
5.99%
10Y*
7.37%

SSHIX

1D
0.12%
1M
-0.80%
YTD
0.10%
6M
1.31%
1Y
4.29%
3Y*
5.08%
5Y*
2.41%
10Y*
2.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EAAFX vs. SSHIX - Expense Ratio Comparison

EAAFX has a 1.04% expense ratio, which is higher than SSHIX's 0.47% expense ratio.


Return for Risk

EAAFX vs. SSHIX — Risk / Return Rank

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

EAAFX
EAAFX Risk / Return Rank: 8181
Overall Rank
EAAFX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
EAAFX Sortino Ratio Rank: 8282
Sortino Ratio Rank
EAAFX Omega Ratio Rank: 7777
Omega Ratio Rank
EAAFX Calmar Ratio Rank: 8484
Calmar Ratio Rank
EAAFX Martin Ratio Rank: 8282
Martin Ratio Rank

SSHIX
SSHIX Risk / Return Rank: 9898
Overall Rank
SSHIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SSHIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
SSHIX Omega Ratio Rank: 9898
Omega Ratio Rank
SSHIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
SSHIX Martin Ratio Rank: 9898
Martin Ratio Rank
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.

EAAFX vs. SSHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Asset Allocation Fund (EAAFX) and Allspring Short-Term Bond Plus Fund (SSHIX). 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.


EAAFXSSHIXDifference

Sharpe ratio

Return per unit of total volatility

1.49

3.15

-1.66

Sortino ratio

Return per unit of downside risk

2.09

4.93

-2.85

Omega ratio

Gain probability vs. loss probability

1.29

1.90

-0.60

Calmar ratio

Return relative to maximum drawdown

2.10

4.39

-2.29

Martin ratio

Return relative to average drawdown

8.13

19.31

-11.18

EAAFX vs. SSHIX - Sharpe Ratio Comparison

The current EAAFX Sharpe Ratio is 1.49, which is lower than the SSHIX Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of EAAFX and SSHIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EAAFXSSHIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.49

3.15

-1.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

1.18

-0.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

1.45

-0.78

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

1.56

-1.02

Correlation

The correlation between EAAFX and SSHIX is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

EAAFX vs. SSHIX - Dividend Comparison

EAAFX's dividend yield for the trailing twelve months is around 5.72%, more than SSHIX's 4.58% yield.


TTM20252024202320222021202020192018201720162015
EAAFX
Allspring Asset Allocation Fund
5.72%5.74%8.41%0.00%6.53%15.18%3.85%1.51%8.51%1.70%1.58%4.52%
SSHIX
Allspring Short-Term Bond Plus Fund
4.58%4.27%4.43%3.92%1.92%2.31%3.14%2.61%2.21%1.65%1.58%1.70%

Drawdowns

EAAFX vs. SSHIX - Drawdown Comparison

The maximum EAAFX drawdown since its inception was -34.17%, which is greater than SSHIX's maximum drawdown of -7.13%. Use the drawdown chart below to compare losses from any high point for EAAFX and SSHIX.


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Drawdown Indicators


EAAFXSSHIXDifference

Max Drawdown

Largest peak-to-trough decline

-34.17%

-7.13%

-27.04%

Max Drawdown (1Y)

Largest decline over 1 year

-7.02%

-1.03%

-5.99%

Max Drawdown (5Y)

Largest decline over 5 years

-22.36%

-7.13%

-15.23%

Max Drawdown (10Y)

Largest decline over 10 years

-25.55%

-7.13%

-18.42%

Current Drawdown

Current decline from peak

-6.26%

-0.80%

-5.46%

Average Drawdown

Average peak-to-trough decline

-6.64%

-0.62%

-6.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.81%

0.23%

+1.58%

Volatility

EAAFX vs. SSHIX - Volatility Comparison

Allspring Asset Allocation Fund (EAAFX) has a higher volatility of 2.84% compared to Allspring Short-Term Bond Plus Fund (SSHIX) at 0.55%. This indicates that EAAFX's price experiences larger fluctuations and is considered to be riskier than SSHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EAAFXSSHIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.84%

0.55%

+2.29%

Volatility (6M)

Calculated over the trailing 6-month period

6.85%

0.85%

+6.00%

Volatility (1Y)

Calculated over the trailing 1-year period

10.40%

1.41%

+8.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.93%

2.05%

+8.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.03%

1.85%

+9.18%