EKVAX vs. FXIEX
Compare and contrast key facts about Allspring Pennsylvania Tax-Free Fund (EKVAX) and PIMCO Fixed Income SHares: Series TE (FXIEX).
EKVAX is managed by Allspring Global Investments. It was launched on Dec 26, 1990. FXIEX is managed by PIMCO. It was launched on Jun 24, 2012.
Performance
EKVAX vs. FXIEX - Performance Comparison
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EKVAX vs. FXIEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EKVAX Allspring Pennsylvania Tax-Free Fund | 0.06% | 3.18% | 2.70% | 5.04% | -9.21% | 2.15% | 3.64% | 6.85% | 1.26% | 5.00% |
FXIEX PIMCO Fixed Income SHares: Series TE | -0.20% | 3.37% | 5.16% | 8.92% | -10.89% | 2.19% | 7.22% | 8.45% | 1.00% | 7.71% |
Returns By Period
In the year-to-date period, EKVAX achieves a 0.06% return, which is significantly higher than FXIEX's -0.20% return. Over the past 10 years, EKVAX has underperformed FXIEX with an annualized return of 1.80%, while FXIEX has yielded a comparatively higher 2.80% annualized return.
EKVAX
- 1D
- 0.19%
- 1M
- -0.93%
- YTD
- 0.06%
- 6M
- 1.63%
- 1Y
- 3.30%
- 3Y*
- 2.95%
- 5Y*
- 0.62%
- 10Y*
- 1.80%
FXIEX
- 1D
- 0.21%
- 1M
- -1.12%
- YTD
- -0.20%
- 6M
- 0.41%
- 1Y
- 2.40%
- 3Y*
- 4.82%
- 5Y*
- 1.57%
- 10Y*
- 2.80%
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EKVAX vs. FXIEX - Expense Ratio Comparison
EKVAX has a 0.74% expense ratio, which is higher than FXIEX's 0.07% expense ratio.
Return for Risk
EKVAX vs. FXIEX — Risk / Return Rank
EKVAX
FXIEX
EKVAX vs. FXIEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Pennsylvania Tax-Free Fund (EKVAX) and PIMCO Fixed Income SHares: Series TE (FXIEX). 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.
| EKVAX | FXIEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.55 | +0.20 |
Sortino ratioReturn per unit of downside risk | 1.02 | 0.79 | +0.23 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.14 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.84 | 0.60 | +0.24 |
Martin ratioReturn relative to average drawdown | 2.48 | 1.78 | +0.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EKVAX | FXIEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.55 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.38 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.70 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.46 | 0.57 | +0.90 |
Correlation
The correlation between EKVAX and FXIEX is 0.70, 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.
Dividends
EKVAX vs. FXIEX - Dividend Comparison
EKVAX's dividend yield for the trailing twelve months is around 2.94%, more than FXIEX's 2.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EKVAX Allspring Pennsylvania Tax-Free Fund | 2.94% | 3.18% | 3.03% | 2.70% | 2.55% | 2.38% | 2.70% | 3.33% | 3.32% | 3.13% | 3.11% | 3.41% |
FXIEX PIMCO Fixed Income SHares: Series TE | 2.02% | 2.75% | 4.53% | 3.98% | 3.25% | 2.63% | 3.37% | 3.63% | 3.79% | 2.67% | 0.00% | 0.00% |
Drawdowns
EKVAX vs. FXIEX - Drawdown Comparison
The maximum EKVAX drawdown since its inception was -13.30%, smaller than the maximum FXIEX drawdown of -15.25%. Use the drawdown chart below to compare losses from any high point for EKVAX and FXIEX.
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Drawdown Indicators
| EKVAX | FXIEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.30% | -15.25% | +1.95% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -5.11% | +0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -13.30% | -15.25% | +1.95% |
Max Drawdown (10Y)Largest decline over 10 years | -13.30% | -15.25% | +1.95% |
Current DrawdownCurrent decline from peak | -1.66% | -1.81% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -2.92% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.84% | -0.35% |
Volatility
EKVAX vs. FXIEX - Volatility Comparison
The current volatility for Allspring Pennsylvania Tax-Free Fund (EKVAX) is 0.96%, while PIMCO Fixed Income SHares: Series TE (FXIEX) has a volatility of 1.11%. This indicates that EKVAX experiences smaller price fluctuations and is considered to be less risky than FXIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EKVAX | FXIEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 1.11% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 1.51% | 2.34% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.45% | 5.60% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.54% | 4.31% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.43% | 4.07% | -0.64% |