EES vs. ASCE
EES (WisdomTree U.S. SmallCap Fund) and ASCE (Allspring SMID Core ETF) are both Small Cap Blend Equities funds. EES is passively managed, while ASCE is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.38% expense ratio.
Performance
EES vs. ASCE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EES achieves a 15.85% return, which is significantly lower than ASCE's 28.36% return.
EES
- 1D
- 0.22%
- 1M
- 3.53%
- YTD
- 15.85%
- 6M
- 14.28%
- 1Y
- 32.65%
- 3Y*
- 16.43%
- 5Y*
- 7.13%
- 10Y*
- 11.27%
ASCE
- 1D
- -2.21%
- 1M
- 6.39%
- YTD
- 28.36%
- 6M
- 23.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EES vs. ASCE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EES WisdomTree U.S. SmallCap Fund | 15.85% | 9.38% |
ASCE Allspring SMID Core ETF | 28.36% | 8.46% |
Correlation
The correlation between EES and ASCE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 8, 2025 | 0.81 |
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
EES vs. ASCE — Risk / Return Rank
EES
ASCE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EES vs. ASCE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Fund (EES) and Allspring SMID Core ETF (ASCE). 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.
| EES | ASCE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | — | — |
| Martin ratioReturn relative to average drawdown | 12.18 | — | — |
Loading charts...
Drawdowns
EES vs. ASCE - Drawdown Comparison
The maximum EES drawdown since its inception was -63.66%, which is greater than ASCE's maximum drawdown of -9.22%. Use the drawdown chart below to compare losses from any high point for EES and ASCE.
Loading charts...
Drawdown Indicators
| EES | ASCE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.66% | -9.22% | -54.44% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -27.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.52% | — | — |
Current DrawdownCurrent decline from peak | -0.85% | -2.21% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -10.34% | -2.02% | -8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | — | — |
Volatility
EES vs. ASCE - Volatility Comparison
Loading charts...
Volatility by Period
| EES | ASCE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.42% | 19.77% | -2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.49% | 19.77% | +1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.77% | 19.77% | +4.00% |
EES vs. ASCE - Expense Ratio Comparison
Both EES and ASCE have an expense ratio of 0.38%.
Dividends
EES vs. ASCE - Dividend Comparison
EES's dividend yield for the trailing twelve months is around 1.09%, more than ASCE's 0.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASCE Allspring SMID Core ETF | 0.17% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EES WisdomTree U.S. SmallCap Fund | 1.09% | 1.29% | 1.37% | 1.18% | 1.12% | 1.69% | 1.29% | 1.31% | 1.81% | 0.93% | 1.02% | 1.38% |
Frequently Asked Questions
EES and ASCE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.38% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EES and ASCE have the same expense ratio: 0.38% per year.
EES has the higher dividend yield at 1.09%, compared with 0.17% for ASCE.
They also come from different issuers: WisdomTree and Allspring.
Find the right allocation for EES and ASCE
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