EQIIX vs. NTES

Last updated Apr 1, 2026

Compare and contrast key facts about Allspring Emerging Markets Equity Income Fund (EQIIX) and NetEase, Inc. (NTES).

EQIIX is managed by Allspring Global Investments. It was launched on May 30, 2012.

Performance

EQIIX vs. NTES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Emerging Markets Equity Income Fund (EQIIX) and NetEase, Inc. (NTES). The values are adjusted to include any dividend payments, if applicable.

EQIIX vs. NTES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQIIX Allspring Emerging Markets Equity Income Fund	1.89%	28.19%	10.95%	12.25%	-17.91%	3.12%	7.70%	16.90%	-11.38%	24.97%
NTES NetEase, Inc.	-17.85%	58.28%	-1.73%	30.59%	-27.35%	7.11%	57.88%	34.66%	-31.31%	62.21%

Returns By Period

In the year-to-date period, EQIIX achieves a 1.89% return, which is significantly higher than NTES's -17.85% return. Over the past 10 years, EQIIX has underperformed NTES with an annualized return of 6.96%, while NTES has yielded a comparatively higher 16.70% annualized return.

EQIIX

• 1D: -0.20%
• 1M: -12.92%
• YTD: 1.89%
• 6M: 6.18%
• 1Y: 29.20%
• 3Y*: 15.67%
• 5Y*: 5.50%
• 10Y*: 6.96%

NTES

• 1D: 1.74%
• 1M: -1.66%
• YTD: -17.85%
• 6M: -25.31%
• 1Y: 11.37%
• 3Y*: 10.95%
• 5Y*: 3.12%
• 10Y*: 16.70%

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

Return for Risk

EQIIX vs. NTES — Risk / Return Rank

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

EQIIX

EQIIX Risk / Return Rank: 83
EQIIX Sharpe Ratio Rank: 87
EQIIX Sortino Ratio Rank: 85
EQIIX Omega Ratio Rank: 83
EQIIX Calmar Ratio Rank: 81
EQIIX Martin Ratio Rank: 79

NTES

NTES Risk / Return Rank: 52
NTES Sharpe Ratio Rank: 55
NTES Sortino Ratio Rank: 50
NTES Omega Ratio Rank: 48
NTES Calmar Ratio Rank: 53
NTES Martin Ratio Rank: 54

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.

EQIIX vs. NTES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Emerging Markets Equity Income Fund (EQIIX) and NetEase, Inc. (NTES). 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.

	EQIIX	NTES	Difference
Sharpe ratio Return per unit of total volatility	1.73	0.34	+1.39
Sortino ratio Return per unit of downside risk	2.23	0.77	+1.46
Omega ratio Gain probability vs. loss probability	1.33	1.09	+0.24
Calmar ratio Return relative to maximum drawdown	1.92	0.45	+1.47
Martin ratio Return relative to average drawdown	7.77	1.07	+6.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQIIX vs. NTES - Sharpe Ratio Comparison

The current EQIIX Sharpe Ratio is 1.73, which is higher than the NTES Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of EQIIX and NTES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQIIX	NTES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	0.34	+1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.07	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.40	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.42	-0.02

Correlation

The correlation between EQIIX and NTES is 0.40, 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.

Dividends

EQIIX vs. NTES - Dividend Comparison

EQIIX's dividend yield for the trailing twelve months is around 2.53%, less than NTES's 2.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQIIX Allspring Emerging Markets Equity Income Fund	2.53%	2.58%	2.08%	2.53%	2.70%	2.92%	1.79%	2.46%	2.87%	1.80%	2.77%	2.38%
NTES NetEase, Inc.	2.66%	2.21%	2.74%	1.88%	2.10%	0.80%	0.97%	3.19%	0.71%	1.05%	1.36%	0.98%

Drawdowns

EQIIX vs. NTES - Drawdown Comparison

The maximum EQIIX drawdown since its inception was -38.13%, smaller than the maximum NTES drawdown of -96.41%. Use the drawdown chart below to compare losses from any high point for EQIIX and NTES.

Drawdown Indicators

	EQIIX	NTES	Difference
Max Drawdown Largest peak-to-trough decline	-38.13%	-96.41%	+58.28%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	-30.46%	+16.75%
Max Drawdown (5Y) Largest decline over 5 years	-30.92%	-52.57%	+21.65%
Max Drawdown (10Y) Largest decline over 10 years	-38.13%	-57.34%	+19.21%
Current Drawdown Current decline from peak	-13.71%	-28.76%	+15.05%
Average Drawdown Average peak-to-trough decline	-10.29%	-24.58%	+14.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	12.94%	-9.55%

Volatility

EQIIX vs. NTES - Volatility Comparison

Allspring Emerging Markets Equity Income Fund (EQIIX) and NetEase, Inc. (NTES) have volatilities of 7.68% and 7.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQIIX	NTES	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	7.62%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	12.65%	21.23%	-8.58%
Volatility (1Y) Calculated over the trailing 1-year period	16.61%	33.78%	-17.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.89%	43.85%	-28.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.07%	41.91%	-25.84%