EKBAX vs. SPY
Compare and contrast key facts about Allspring Diversified Capital Builder Fund (EKBAX) and SPDR S&P 500 ETF (SPY).
EKBAX is managed by Allspring Global Investments. It was launched on Jan 19, 1998. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EKBAX or SPY.
Correlation
The correlation between EKBAX and SPY is 0.90, 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
EKBAX vs. SPY - Performance Comparison
Key characteristics
EKBAX:
1.41
SPY:
2.20
EKBAX:
1.88
SPY:
2.91
EKBAX:
1.26
SPY:
1.41
EKBAX:
1.89
SPY:
3.35
EKBAX:
6.46
SPY:
13.99
EKBAX:
3.57%
SPY:
2.01%
EKBAX:
16.38%
SPY:
12.79%
EKBAX:
-66.61%
SPY:
-55.19%
EKBAX:
-4.28%
SPY:
-1.35%
Returns By Period
In the year-to-date period, EKBAX achieves a 5.50% return, which is significantly higher than SPY's 1.96% return. Over the past 10 years, EKBAX has underperformed SPY with an annualized return of 5.12%, while SPY has yielded a comparatively higher 13.44% annualized return.
EKBAX
5.50%
5.50%
3.76%
19.60%
6.14%
5.12%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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EKBAX vs. SPY - Expense Ratio Comparison
EKBAX has a 1.10% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EKBAX vs. SPY — Risk-Adjusted Performance Rank
EKBAX
SPY
EKBAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Diversified Capital Builder Fund (EKBAX) and SPDR S&P 500 ETF (SPY). 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
EKBAX vs. SPY - Dividend Comparison
EKBAX's dividend yield for the trailing twelve months is around 0.46%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EKBAX Allspring Diversified Capital Builder Fund | 0.46% | 0.48% | 0.90% | 1.07% | 0.51% | 1.17% | 1.42% | 1.47% | 1.37% | 1.76% | 1.06% | 0.90% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EKBAX vs. SPY - Drawdown Comparison
The maximum EKBAX drawdown since its inception was -66.61%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EKBAX and SPY. For additional features, visit the drawdowns tool.
Volatility
EKBAX vs. SPY - Volatility Comparison
Allspring Diversified Capital Builder Fund (EKBAX) and SPDR S&P 500 ETF (SPY) have volatilities of 5.27% and 5.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.