EKWAX vs. SGGDX
Compare and contrast key facts about Allspring Precious Metals Fund (EKWAX) and First Eagle Gold Fund (SGGDX).
EKWAX is managed by Allspring Global Investments. It was launched on Jan 19, 1998. SGGDX is managed by First Eagle. It was launched on Aug 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EKWAX or SGGDX.
Correlation
The correlation between EKWAX and SGGDX is 0.95, 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
EKWAX vs. SGGDX - Performance Comparison
Key characteristics
EKWAX:
2.44
SGGDX:
1.89
EKWAX:
2.97
SGGDX:
2.43
EKWAX:
1.40
SGGDX:
1.33
EKWAX:
1.65
SGGDX:
1.65
EKWAX:
10.65
SGGDX:
7.06
EKWAX:
6.89%
SGGDX:
7.25%
EKWAX:
30.08%
SGGDX:
27.02%
EKWAX:
-77.82%
SGGDX:
-71.51%
EKWAX:
-3.17%
SGGDX:
-1.25%
Returns By Period
In the year-to-date period, EKWAX achieves a 51.80% return, which is significantly higher than SGGDX's 44.03% return. Over the past 10 years, EKWAX has outperformed SGGDX with an annualized return of 11.87%, while SGGDX has yielded a comparatively lower 10.64% annualized return.
EKWAX
51.80%
15.70%
27.73%
68.75%
14.46%
11.87%
SGGDX
44.03%
10.69%
20.43%
48.00%
12.56%
10.64%
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EKWAX vs. SGGDX - Expense Ratio Comparison
EKWAX has a 1.09% expense ratio, which is lower than SGGDX's 1.19% expense ratio.
Risk-Adjusted Performance
EKWAX vs. SGGDX — Risk-Adjusted Performance Rank
EKWAX
SGGDX
EKWAX vs. SGGDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Precious Metals Fund (EKWAX) and First Eagle Gold Fund (SGGDX). 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
EKWAX vs. SGGDX - Dividend Comparison
EKWAX's dividend yield for the trailing twelve months is around 0.55%, less than SGGDX's 3.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
EKWAX Allspring Precious Metals Fund | 0.55% | 0.84% | 0.00% | 2.01% | 1.35% | 1.45% | 0.11% | 0.00% | 1.34% | 1.11% |
SGGDX First Eagle Gold Fund | 3.65% | 5.26% | 0.87% | 0.00% | 0.96% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EKWAX vs. SGGDX - Drawdown Comparison
The maximum EKWAX drawdown since its inception was -77.82%, which is greater than SGGDX's maximum drawdown of -71.51%. Use the drawdown chart below to compare losses from any high point for EKWAX and SGGDX. For additional features, visit the drawdowns tool.
Volatility
EKWAX vs. SGGDX - Volatility Comparison
Allspring Precious Metals Fund (EKWAX) has a higher volatility of 13.95% compared to First Eagle Gold Fund (SGGDX) at 12.81%. This indicates that EKWAX's price experiences larger fluctuations and is considered to be riskier than SGGDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.