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 0.91, 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
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Key characteristics
EKBAX:
0.12
SPY:
0.68
EKBAX:
0.33
SPY:
1.13
EKBAX:
1.05
SPY:
1.17
EKBAX:
0.12
SPY:
0.76
EKBAX:
0.36
SPY:
2.93
EKBAX:
8.69%
SPY:
4.87%
EKBAX:
23.19%
SPY:
20.29%
EKBAX:
-66.61%
SPY:
-55.19%
EKBAX:
-10.06%
SPY:
-3.85%
Returns By Period
In the year-to-date period, EKBAX achieves a -0.87% return, which is significantly lower than SPY's 0.56% return. Over the past 10 years, EKBAX has underperformed SPY with an annualized return of 3.95%, while SPY has yielded a comparatively higher 12.67% annualized return.
EKBAX
-0.87%
13.16%
-8.97%
2.71%
7.88%
3.95%
SPY
0.56%
8.99%
-0.98%
13.71%
17.23%
12.67%
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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.
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Dividends
EKBAX vs. SPY - Dividend Comparison
EKBAX's dividend yield for the trailing twelve months is around 0.59%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EKBAX Allspring Diversified Capital Builder Fund | 0.59% | 0.48% | 0.90% | 1.07% | 0.51% | 1.17% | 1.42% | 1.11% | 1.37% | 1.76% | 1.06% | 0.90% |
SPY SPDR S&P 500 ETF | 1.22% | 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.
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Volatility
EKBAX vs. SPY - Volatility Comparison
The current volatility for Allspring Diversified Capital Builder Fund (EKBAX) is 5.39%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.24%. This indicates that EKBAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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