EQIIX vs. AMT
Compare and contrast key facts about Allspring Emerging Markets Equity Income Fund (EQIIX) and American Tower Corporation (AMT).
EQIIX is managed by Allspring Global Investments. It was launched on May 30, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQIIX or AMT.
Correlation
The correlation between EQIIX and AMT is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EQIIX vs. AMT - Performance Comparison
Key characteristics
EQIIX:
0.84
AMT:
0.03
EQIIX:
1.20
AMT:
0.22
EQIIX:
1.15
AMT:
1.03
EQIIX:
0.80
AMT:
0.02
EQIIX:
2.24
AMT:
0.06
EQIIX:
5.10%
AMT:
12.09%
EQIIX:
13.67%
AMT:
25.78%
EQIIX:
-38.12%
AMT:
-98.70%
EQIIX:
-8.03%
AMT:
-30.84%
Returns By Period
In the year-to-date period, EQIIX achieves a 1.43% return, which is significantly lower than AMT's 3.33% return. Over the past 10 years, EQIIX has underperformed AMT with an annualized return of 3.31%, while AMT has yielded a comparatively higher 9.51% annualized return.
EQIIX
1.43%
5.24%
0.56%
12.03%
3.41%
3.31%
AMT
3.33%
7.11%
-13.70%
3.99%
-3.36%
9.51%
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Risk-Adjusted Performance
EQIIX vs. AMT — Risk-Adjusted Performance Rank
EQIIX
AMT
EQIIX vs. AMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Emerging Markets Equity Income Fund (EQIIX) and American Tower Corporation (AMT). 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
EQIIX vs. AMT - Dividend Comparison
EQIIX's dividend yield for the trailing twelve months is around 2.05%, less than AMT's 3.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIIX Allspring Emerging Markets Equity Income Fund | 2.05% | 2.08% | 2.53% | 2.69% | 2.92% | 1.93% | 2.47% | 2.88% | 1.81% | 2.76% | 2.40% | 3.00% |
AMT American Tower Corporation | 3.42% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% | 1.42% |
Drawdowns
EQIIX vs. AMT - Drawdown Comparison
The maximum EQIIX drawdown since its inception was -38.12%, smaller than the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for EQIIX and AMT. For additional features, visit the drawdowns tool.
Volatility
EQIIX vs. AMT - Volatility Comparison
The current volatility for Allspring Emerging Markets Equity Income Fund (EQIIX) is 3.98%, while American Tower Corporation (AMT) has a volatility of 8.77%. This indicates that EQIIX experiences smaller price fluctuations and is considered to be less risky than AMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.