EDEN vs. WFMIX
EDEN (iShares MSCI Denmark ETF) and WFMIX (Allspring Special Mid Cap Value Fund Class I) are both funds - EDEN is a Europe Equities fund tracking the MSCI Denmark IMI 25/50 Index, while WFMIX is a Mid Cap Value Equities fund managed by Allspring Global Investments. Over the past 10 years, EDEN returned 9.22%/yr vs 10.85%/yr for WFMIX. A 0.52 correlation means they provide meaningful diversification when combined. EDEN charges 0.53%/yr vs 0.80%/yr for WFMIX.
Performance
EDEN vs. WFMIX - Performance Comparison
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Returns By Period
In the year-to-date period, EDEN achieves a -3.05% return, which is significantly lower than WFMIX's 10.59% return. Over the past 10 years, EDEN has underperformed WFMIX with an annualized return of 9.22%, while WFMIX has yielded a comparatively higher 10.85% annualized return.
EDEN
- 1D
- -0.01%
- 1M
- -1.61%
- YTD
- -3.05%
- 6M
- -2.55%
- 1Y
- -6.97%
- 3Y*
- 2.87%
- 5Y*
- 2.08%
- 10Y*
- 9.22%
WFMIX
- 1D
- 1.45%
- 1M
- 3.68%
- YTD
- 10.59%
- 6M
- 9.07%
- 1Y
- 16.75%
- 3Y*
- 12.04%
- 5Y*
- 7.84%
- 10Y*
- 10.85%
EDEN vs. WFMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | -3.05% | 10.58% | -3.94% | 17.99% | -11.47% | 14.81% | 42.56% | 24.37% | -14.43% | 35.39% |
WFMIX Allspring Special Mid Cap Value Fund Class I | 10.59% | 6.14% | 11.95% | 9.54% | -4.65% | 28.53% | 3.27% | 40.27% | -13.12% | 11.16% |
Correlation
The correlation between EDEN and WFMIX is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2012 | 0.52 |
The correlation between EDEN and WFMIX has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.
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Return for Risk
EDEN vs. WFMIX — Risk / Return Rank
EDEN
WFMIX
EDEN vs. WFMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) and Allspring Special Mid Cap Value Fund Class I (WFMIX). 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.
| EDEN | WFMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.56 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.22 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 1.80 | -2.13 |
| Martin ratioReturn relative to average drawdown | -0.72 | 5.91 | -6.63 |
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Drawdowns
EDEN vs. WFMIX - Drawdown Comparison
The maximum EDEN drawdown since its inception was -36.61%, smaller than the maximum WFMIX drawdown of -52.70%. Use the drawdown chart below to compare losses from any high point for EDEN and WFMIX.
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Drawdown Indicators
| EDEN | WFMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.61% | -52.70% | +16.09% |
Max Drawdown (1Y)Largest decline over 1 year | -21.17% | -9.66% | -11.51% |
Max Drawdown (3Y)Largest decline over 3 years | -29.31% | -18.30% | -11.01% |
Max Drawdown (5Y)Largest decline over 5 years | -36.61% | -22.13% | -14.48% |
Max Drawdown (10Y)Largest decline over 10 years | -36.61% | -43.80% | +7.19% |
Current DrawdownCurrent decline from peak | -13.55% | -0.40% | -13.15% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -7.48% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.27% | 2.93% | +7.34% |
Volatility
EDEN vs. WFMIX - Volatility Comparison
iShares MSCI Denmark ETF (EDEN) has a higher volatility of 4.93% compared to Allspring Special Mid Cap Value Fund Class I (WFMIX) at 4.41%. This indicates that EDEN's price experiences larger fluctuations and is considered to be riskier than WFMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDEN | WFMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 4.41% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 15.72% | 10.78% | +4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.90% | 14.16% | +6.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.25% | 17.23% | +3.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.41% | 18.91% | +0.50% |
EDEN vs. WFMIX - Expense Ratio Comparison
EDEN has a 0.53% expense ratio, which is lower than WFMIX's 0.80% expense ratio.
Dividends
EDEN vs. WFMIX - Dividend Comparison
EDEN's dividend yield for the trailing twelve months is around 2.87%, less than WFMIX's 10.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | 2.87% | 2.79% | 1.50% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% |
WFMIX Allspring Special Mid Cap Value Fund Class I | 10.17% | 11.24% | 8.00% | 5.51% | 8.71% | 9.87% | 0.66% | 7.48% | 2.74% | 4.41% | 1.44% | 4.47% |
Frequently Asked Questions
EDEN and WFMIX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDEN has higher volatility (4.93%) compared to WFMIX (4.41%). In terms of maximum drawdown, EDEN dropped -36.61% vs WFMIX's -52.70%.
WFMIX currently has the higher Sharpe Ratio (1.23 vs -0.34), 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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