EKJAX vs. WEACX

Last updated Jun 24, 2026

EKJAX (Allspring Premier Large Company Growth Fund) and WEACX (Allspring Spectrum Aggressive Growth Fund) are both mutual funds - EKJAX is a Large Cap Growth Equities fund managed by Allspring Global Investments, while WEACX is a Diversified Portfolio fund managed by Allspring Global Investments. Over the past 5 years, EKJAX returned 8.98%/yr vs 9.61%/yr for WEACX. Their correlation of 0.84 suggests significant overlap in exposure. EKJAX charges 1.11%/yr vs 1.50%/yr for WEACX.

Performance

EKJAX vs. WEACX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Premier Large Company Growth Fund (EKJAX) and Allspring Spectrum Aggressive Growth Fund (WEACX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EKJAX achieves a 6.79% return, which is significantly lower than WEACX's 13.44% return.

EKJAX

• 1D: 0.10%
• 1M: 2.86%
• YTD: 6.79%
• 6M: 5.34%
• 1Y: 16.88%
• 3Y*: 23.31%
• 5Y*: 8.98%
• 10Y*: 16.97%

WEACX

• 1D: 0.28%
• 1M: 2.29%
• YTD: 13.44%
• 6M: 12.46%
• 1Y: 28.39%
• 3Y*: 19.35%
• 5Y*: 9.61%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EKJAX vs. WEACX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EKJAX Allspring Premier Large Company Growth Fund	6.79%	16.28%	36.91%	33.14%	-33.88%	13.07%	39.03%	45.22%	1.13%	34.03%
WEACX Allspring Spectrum Aggressive Growth Fund	13.44%	20.01%	15.43%	18.33%	-19.88%	19.02%	22.18%	23.49%	-10.18%	22.33%

Correlation

The correlation between EKJAX and WEACX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.84

The correlation between EKJAX and WEACX has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

Return for Risk

EKJAX vs. WEACX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EKJAX

EKJAX Risk / Return Rank: 13
EKJAX Sharpe Ratio Rank: 14
EKJAX Sortino Ratio Rank: 14
EKJAX Omega Ratio Rank: 14
EKJAX Calmar Ratio Rank: 11
EKJAX Martin Ratio Rank: 12

WEACX

WEACX Risk / Return Rank: 62
WEACX Sharpe Ratio Rank: 59
WEACX Sortino Ratio Rank: 53
WEACX Omega Ratio Rank: 55
WEACX Calmar Ratio Rank: 76
WEACX Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EKJAX vs. WEACX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Premier Large Company Growth Fund (EKJAX) and Allspring Spectrum Aggressive Growth Fund (WEACX). 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.

	EKJAX	WEACX	Difference
Sharpe ratio: Return per unit of total volatility	0.97	2.09	-1.13
Sortino ratio: Return per unit of downside risk	1.41	2.81	-1.41
Omega ratio: Gain probability vs. loss probability	1.18	1.37	-0.20
Calmar ratio: Return relative to maximum drawdown	1.02	3.26	-2.24
Martin ratio: Return relative to average drawdown	3.24	12.32	-9.08

EKJAX vs. WEACX - Sharpe Ratio Comparison

The current EKJAX Sharpe Ratio is 0.97, which is lower than the WEACX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of EKJAX and WEACX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EKJAX vs. WEACX - Drawdown Comparison

The maximum EKJAX drawdown since its inception was -59.70%, which is greater than WEACX's maximum drawdown of -27.06%. Use the drawdown chart below to compare losses from any high point for EKJAX and WEACX.

Drawdown Indicators

	EKJAX	WEACX	Difference
Max Drawdown Largest peak-to-trough decline	-59.70%	-27.06%	-32.64%
Max Drawdown (1Y) Largest decline over 1 year	-18.10%	-9.03%	-9.07%
Max Drawdown (3Y) Largest decline over 3 years	-25.48%	-14.62%	-10.86%
Max Drawdown (5Y) Largest decline over 5 years	-50.43%	-27.06%	-23.37%
Max Drawdown (10Y) Largest decline over 10 years	-50.43%	—	—
Current Drawdown Current decline from peak	-0.40%	-0.44%	+0.04%
Average Drawdown Average peak-to-trough decline	-20.54%	-5.75%	-14.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	2.39%	+3.31%

Volatility

EKJAX vs. WEACX - Volatility Comparison

Allspring Premier Large Company Growth Fund (EKJAX) has a higher volatility of 7.36% compared to Allspring Spectrum Aggressive Growth Fund (WEACX) at 5.79%. This indicates that EKJAX's price experiences larger fluctuations and is considered to be riskier than WEACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EKJAX	WEACX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.36%	5.79%	+1.57%
Volatility (6M) Calculated over the trailing 6-month period	15.28%	11.18%	+4.10%
Volatility (1Y) Calculated over the trailing 1-year period	19.18%	14.10%	+5.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.09%	15.28%	+12.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	14.93%	+10.55%

EKJAX vs. WEACX - Expense Ratio Comparison

EKJAX has a 1.11% expense ratio, which is lower than WEACX's 1.50% expense ratio.

Dividends

EKJAX vs. WEACX - Dividend Comparison

EKJAX's dividend yield for the trailing twelve months is around 30.35%, more than WEACX's 10.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EKJAX Allspring Premier Large Company Growth Fund	30.35%	32.41%	20.46%	40.04%	0.00%	27.04%	12.00%	16.22%	21.24%	28.36%	11.30%	7.21%
WEACX Allspring Spectrum Aggressive Growth Fund	10.79%	12.24%	7.24%	0.00%	4.56%	14.17%	11.86%	0.43%	20.98%	17.50%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EKJAX and WEACX in my portfolio?

EKJAX and WEACX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EKJAX or WEACX?

EKJAX has higher volatility (7.36%) compared to WEACX (5.79%). In terms of maximum drawdown, EKJAX dropped -59.70% vs WEACX's -27.06%.

Which has better risk-adjusted returns?

WEACX currently has the higher Sharpe Ratio (2.09 vs 0.97), 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.