EOD vs. IAE

Last updated Aug 4, 2026

EOD (Allspring Global Dividend Opportunity Fund) and IAE (Voya Asia Pacific High Dividend Equity Income Fund) are both mutual funds - EOD is a Dividend fund managed by Allspring, while IAE is a Derivative Income fund managed by Voya. Over the past 10 years, EOD returned 11.74%/yr vs 10.32%/yr for IAE. Their 0.48 correlation means their historical movements had little consistent relationship. Both charge a 0.02% expense ratio.

Performance

EOD vs. IAE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Global Dividend Opportunity Fund (EOD) and Voya Asia Pacific High Dividend Equity Income Fund (IAE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EOD achieves a 17.11% return, which is significantly lower than IAE's 24.68% return. Over the past 10 years, EOD has outperformed IAE with an annualized return of 11.74%, while IAE has yielded a comparatively lower 10.32% annualized return.

EOD

• 1D: 0.62%
• 1M: 1.08%
• 6M: 11.74%
• YTD: 17.11%
• 1Y: 29.75%
• 3Y*: 25.78%
• 5Y*: 12.56%
• 10Y*: 11.74%
• ALL TIME*: 5.41%

IAE

• 1D: 1.36%
• 1M: -0.85%
• 6M: 11.86%
• YTD: 24.68%
• 1Y: 36.24%
• 3Y*: 25.07%
• 5Y*: 11.33%
• 10Y*: 10.32%
• ALL TIME*: 5.18%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EOD Allspring Global Dividend Opportunity Fund	$609.88K	$585.82K	$621.78K
IAE Voya Asia Pacific High Dividend Equity Income Fund	$205.28K	$594.84K	$650.69K

EOD vs. IAE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EOD Allspring Global Dividend Opportunity Fund	17.11%	28.76%	25.83%	9.78%	-17.65%	32.87%	-3.16%	35.96%	-12.05%	20.46%
IAE Voya Asia Pacific High Dividend Equity Income Fund	24.68%	34.63%	13.44%	9.06%	-13.97%	3.60%	13.77%	9.62%	-11.31%	30.19%

Correlation

The correlation between EOD and IAE is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (10Y) Provides a long-term view across more market conditions.	0.43
Correlation (All Time) Calculated using the full available price history since Mar 28, 2007	0.48

The correlation between EOD and IAE has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.

Return for Risk

EOD vs. IAE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EOD

EOD Risk / Return Rank: 84
EOD Sharpe Ratio Rank: 80
EOD Sortino Ratio Rank: 80
EOD Omega Ratio Rank: 79
EOD Calmar Ratio Rank: 86
EOD Martin Ratio Rank: 94

IAE

IAE Risk / Return Rank: 65
IAE Sharpe Ratio Rank: 62
IAE Sortino Ratio Rank: 60
IAE Omega Ratio Rank: 63
IAE Calmar Ratio Rank: 82
IAE Martin Ratio Rank: 56

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EOD vs. IAE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Global Dividend Opportunity Fund (EOD) and Voya Asia Pacific High Dividend Equity Income Fund (IAE). 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	IAE	Difference
Sharpe ratio: Return per unit of total volatility	1.96	1.62	+0.33
Sortino ratio: Return per unit of downside risk	2.85	2.29	+0.56
Omega ratio: Gain probability vs. loss probability	1.37	1.30	+0.07
Calmar ratio: Return relative to maximum drawdown	3.10	2.83	+0.27
Martin ratio: Return relative to average drawdown	15.35	8.02	+7.33

EOD vs. IAE - Sharpe Ratio Comparison

The current EOD Sharpe Ratio is 1.96, which is comparable to the IAE Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of EOD and IAE, 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. IAE - Drawdown Comparison

The maximum EOD drawdown since its inception was -57.02%, smaller than the maximum IAE drawdown of -60.72%. Use the drawdown chart below to compare losses from any high point for EOD and IAE.

Drawdown Indicators

	EOD	IAE	Difference
Max Drawdown Largest peak-to-trough decline	-57.02%	-60.72%	+3.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.63%	-12.86%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-14.24%	-16.19%	+1.95%
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	-29.02%	+3.41%
Max Drawdown (10Y) Largest decline over 10 years	-47.08%	-42.44%	-4.64%
Current Drawdown Current decline from peak	-1.06%	-5.97%	+4.91%
Average Drawdown Average peak-to-trough decline	-13.11%	-13.67%	+0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	4.53%	-2.59%

Volatility

EOD vs. IAE - Volatility Comparison

The current volatility for Allspring Global Dividend Opportunity Fund (EOD) is 3.68%, while Voya Asia Pacific High Dividend Equity Income Fund (IAE) has a volatility of 4.86%. This indicates that EOD experiences smaller price fluctuations and is considered to be less risky than IAE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EOD	IAE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	4.86%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	12.97%	18.45%	-5.48%
Volatility (1Y) Calculated over the trailing 1-year period	15.29%	22.46%	-7.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.59%	18.27%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	19.55%	-0.59%

EOD vs. IAE - Expense Ratio Comparison

Both EOD and IAE have an expense ratio of 0.02%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EOD vs. IAE - Dividend Comparison

EOD's dividend yield for the trailing twelve months is around 8.22%, less than IAE's 9.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EOD Allspring Global Dividend Opportunity Fund	8.22%	8.73%	9.16%	9.98%	11.80%	8.76%	11.41%	10.36%	13.84%	10.56%	9.91%	12.16%
IAE Voya Asia Pacific High Dividend Equity Income Fund	9.08%	10.71%	12.29%	10.65%	14.03%	10.60%	9.97%	9.88%	9.61%	7.82%	11.14%	12.74%

Frequently Asked Questions

Can I hold both EOD and IAE in my portfolio?

EOD and IAE have a correlation of 0.48, 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 IAE?

IAE has higher volatility (4.86%) compared to EOD (3.68%). In terms of maximum drawdown, EOD dropped -57.02% vs IAE's -60.72%.

Which has better risk-adjusted returns?

EOD currently has the higher Sharpe Ratio (1.96 vs 1.62), 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.