EOD vs. FDGFX

Last updated Jun 25, 2026

EOD (Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund) and FDGFX (Fidelity Dividend Growth Fund) are both mutual funds - EOD is a Dividend fund managed by Wells Fargo, while FDGFX is a Large Cap Blend Equities fund actively managed by Fidelity. Over the past 10 years, EOD returned 11.89%/yr vs 14.35%/yr for FDGFX. A 0.62 correlation means they provide meaningful diversification when combined. EOD charges 0.02%/yr vs 0.48%/yr for FDGFX.

Performance

EOD vs. FDGFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (EOD) and Fidelity Dividend Growth Fund (FDGFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with EOD having a 15.31% return and FDGFX slightly higher at 15.34%. Over the past 10 years, EOD has underperformed FDGFX with an annualized return of 11.89%, while FDGFX has yielded a comparatively higher 14.35% annualized return.

EOD

• 1D: -0.46%
• 1M: 1.45%
• YTD: 15.31%
• 6M: 14.72%
• 1Y: 32.59%
• 3Y*: 27.01%
• 5Y*: 12.33%
• 10Y*: 11.89%

FDGFX

• 1D: -2.22%
• 1M: 0.49%
• YTD: 15.34%
• 6M: 14.24%
• 1Y: 34.29%
• 3Y*: 26.37%
• 5Y*: 15.54%
• 10Y*: 14.35%

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

EOD vs. FDGFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EOD Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund	15.31%	28.76%	25.83%	9.78%	-17.65%	32.87%	-3.16%	35.96%	-12.05%	20.46%
FDGFX Fidelity Dividend Growth Fund	15.34%	22.48%	27.58%	17.86%	-11.61%	27.96%	2.20%	28.75%	-7.23%	18.05%

Correlation

The correlation between EOD and FDGFX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Mar 28, 2007	0.62

The correlation between EOD and FDGFX shifts across timeframes, from 0.61 (10 years) to 0.72 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EOD vs. FDGFX — Risk / Return Rank

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

EOD

EOD Risk / Return Rank: 79
EOD Sharpe Ratio Rank: 72
EOD Sortino Ratio Rank: 74
EOD Omega Ratio Rank: 73
EOD Calmar Ratio Rank: 81
EOD Martin Ratio Rank: 93

FDGFX

FDGFX Risk / Return Rank: 79
FDGFX Sharpe Ratio Rank: 81
FDGFX Sortino Ratio Rank: 73
FDGFX Omega Ratio Rank: 73
FDGFX Calmar Ratio Rank: 82
FDGFX Martin Ratio Rank: 87

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.

EOD vs. FDGFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (EOD) and Fidelity Dividend Growth Fund (FDGFX). 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.

	EOD	FDGFX	Difference
Sharpe ratio: Return per unit of total volatility	2.19	2.46	-0.27
Sortino ratio: Return per unit of downside risk	3.17	3.25	-0.08
Omega ratio: Gain probability vs. loss probability	1.42	1.44	-0.02
Calmar ratio: Return relative to maximum drawdown	3.40	3.55	-0.15
Martin ratio: Return relative to average drawdown	17.67	15.54	+2.13

EOD vs. FDGFX - Sharpe Ratio Comparison

The current EOD Sharpe Ratio is 2.19, which is comparable to the FDGFX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of EOD and FDGFX, 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

EOD vs. FDGFX - Drawdown Comparison

The maximum EOD drawdown since its inception was -57.02%, smaller than the maximum FDGFX drawdown of -60.77%. Use the drawdown chart below to compare losses from any high point for EOD and FDGFX.

Drawdown Indicators

	EOD	FDGFX	Difference
Max Drawdown Largest peak-to-trough decline	-57.02%	-60.77%	+3.75%
Max Drawdown (1Y) Largest decline over 1 year	-9.63%	-10.16%	+0.53%
Max Drawdown (3Y) Largest decline over 3 years	-15.00%	-21.37%	+6.37%
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	-21.37%	-4.24%
Max Drawdown (10Y) Largest decline over 10 years	-47.08%	-41.29%	-5.79%
Current Drawdown Current decline from peak	-2.17%	-2.68%	+0.51%
Average Drawdown Average peak-to-trough decline	-13.18%	-7.51%	-5.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.31%	-0.46%

Volatility

EOD vs. FDGFX - Volatility Comparison

The current volatility for Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (EOD) is 4.46%, while Fidelity Dividend Growth Fund (FDGFX) has a volatility of 6.49%. This indicates that EOD experiences smaller price fluctuations and is considered to be less risky than FDGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EOD	FDGFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	6.49%	-2.03%
Volatility (6M) Calculated over the trailing 6-month period	12.51%	11.93%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	15.08%	14.67%	+0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	16.77%	+0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.06%	19.27%	-0.21%

EOD vs. FDGFX - Expense Ratio Comparison

EOD has a 0.02% expense ratio, which is lower than FDGFX's 0.48% expense ratio.

Dividends

EOD vs. FDGFX - Dividend Comparison

EOD's dividend yield for the trailing twelve months is around 8.35%, which matches FDGFX's 8.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EOD Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund	8.35%	8.73%	9.16%	9.98%	11.80%	8.76%	11.41%	10.36%	13.84%	10.56%	9.91%	12.16%
FDGFX Fidelity Dividend Growth Fund	8.28%	9.35%	9.81%	3.48%	11.46%	7.81%	1.89%	4.84%	22.93%	15.35%	1.58%	8.44%

Frequently Asked Questions

Can I hold both EOD and FDGFX in my portfolio?

EOD and FDGFX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EOD or FDGFX?

FDGFX has higher volatility (6.49%) compared to EOD (4.46%). In terms of maximum drawdown, EOD dropped -57.02% vs FDGFX's -60.77%.

Which has better risk-adjusted returns?

FDGFX currently has the higher Sharpe Ratio (2.46 vs 2.19), 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.