EAAFX vs. WFIOX
Compare and contrast key facts about Allspring Asset Allocation Fund (EAAFX) and Allspring Index Fund (WFIOX).
EAAFX is managed by Allspring Global Investments. It was launched on Jul 28, 1996. WFIOX is managed by Allspring Global Investments. It was launched on Feb 14, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EAAFX or WFIOX.
Correlation
The correlation between EAAFX and WFIOX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EAAFX vs. WFIOX - Performance Comparison
Key characteristics
EAAFX:
0.31
WFIOX:
0.19
EAAFX:
0.48
WFIOX:
0.40
EAAFX:
1.07
WFIOX:
1.06
EAAFX:
0.19
WFIOX:
0.13
EAAFX:
0.74
WFIOX:
0.54
EAAFX:
5.14%
WFIOX:
7.36%
EAAFX:
12.34%
WFIOX:
20.71%
EAAFX:
-39.37%
WFIOX:
-56.37%
EAAFX:
-14.08%
WFIOX:
-23.52%
Returns By Period
In the year-to-date period, EAAFX achieves a 0.64% return, which is significantly higher than WFIOX's -5.16% return. Over the past 10 years, EAAFX has outperformed WFIOX with an annualized return of 1.78%, while WFIOX has yielded a comparatively lower -1.27% annualized return.
EAAFX
0.64%
0.50%
-5.49%
2.61%
3.66%
1.78%
WFIOX
-5.16%
-0.31%
-10.52%
2.59%
6.13%
-1.27%
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EAAFX vs. WFIOX - Expense Ratio Comparison
EAAFX has a 1.04% expense ratio, which is higher than WFIOX's 0.25% expense ratio.
Risk-Adjusted Performance
EAAFX vs. WFIOX — Risk-Adjusted Performance Rank
EAAFX
WFIOX
EAAFX vs. WFIOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Asset Allocation Fund (EAAFX) and Allspring Index Fund (WFIOX). 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.
Dividends
EAAFX vs. WFIOX - Dividend Comparison
EAAFX's dividend yield for the trailing twelve months is around 2.78%, more than WFIOX's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAAFX Allspring Asset Allocation Fund | 2.78% | 2.80% | 0.00% | 3.44% | 1.20% | 2.64% | 0.40% | 0.51% | 1.71% | 1.58% | 3.01% | 2.89% |
WFIOX Allspring Index Fund | 1.21% | 1.15% | 1.33% | 1.53% | 1.04% | 1.42% | 1.67% | 2.13% | 1.81% | 2.04% | 2.03% | 1.77% |
Drawdowns
EAAFX vs. WFIOX - Drawdown Comparison
The maximum EAAFX drawdown since its inception was -39.37%, smaller than the maximum WFIOX drawdown of -56.37%. Use the drawdown chart below to compare losses from any high point for EAAFX and WFIOX. For additional features, visit the drawdowns tool.
Volatility
EAAFX vs. WFIOX - Volatility Comparison
The current volatility for Allspring Asset Allocation Fund (EAAFX) is 6.58%, while Allspring Index Fund (WFIOX) has a volatility of 14.09%. This indicates that EAAFX experiences smaller price fluctuations and is considered to be less risky than WFIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.