ERH vs. SADIX
Compare and contrast key facts about Allspring Utilities and High Income Fund (ERH) and Allspring Ultra Short-Term Income Fund (SADIX).
ERH is an actively managed fund by Allspring Global Investments. It was launched on Apr 30, 2004. SADIX is managed by Allspring Global Investments. It was launched on Aug 31, 1999.
Performance
ERH vs. SADIX - Performance Comparison
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ERH vs. SADIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ERH Allspring Utilities and High Income Fund | 4.55% | 19.85% | 25.71% | -10.52% | -18.38% | 22.14% | -1.15% | 33.97% | -8.98% | 18.32% |
SADIX Allspring Ultra Short-Term Income Fund | 0.33% | 5.28% | 6.34% | 6.27% | -0.56% | 0.22% | 2.73% | 3.82% | 1.68% | 1.50% |
Returns By Period
In the year-to-date period, ERH achieves a 4.55% return, which is significantly higher than SADIX's 0.33% return. Over the past 10 years, ERH has outperformed SADIX with an annualized return of 7.07%, while SADIX has yielded a comparatively lower 2.87% annualized return.
ERH
- 1D
- 1.51%
- 1M
- -5.32%
- YTD
- 4.55%
- 6M
- 1.86%
- 1Y
- 19.39%
- 3Y*
- 13.22%
- 5Y*
- 6.44%
- 10Y*
- 7.07%
SADIX
- 1D
- 0.00%
- 1M
- -0.34%
- YTD
- 0.33%
- 6M
- 1.56%
- 1Y
- 4.22%
- 3Y*
- 5.58%
- 5Y*
- 3.54%
- 10Y*
- 2.87%
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ERH vs. SADIX - Expense Ratio Comparison
ERH has a 0.93% expense ratio, which is higher than SADIX's 0.26% expense ratio.
Return for Risk
ERH vs. SADIX — Risk / Return Rank
ERH
SADIX
ERH vs. SADIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Utilities and High Income Fund (ERH) and Allspring Ultra Short-Term Income Fund (SADIX). 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.
| ERH | SADIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 3.13 | -1.81 |
Sortino ratioReturn per unit of downside risk | 1.72 | 8.89 | -7.18 |
Omega ratioGain probability vs. loss probability | 1.27 | 3.09 | -1.82 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 8.36 | -6.31 |
Martin ratioReturn relative to average drawdown | 5.00 | 39.57 | -34.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ERH | SADIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 3.13 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 2.61 | -2.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 2.18 | -1.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 1.80 | -1.53 |
Correlation
The correlation between ERH and SADIX is 0.11, 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
ERH vs. SADIX - Dividend Comparison
ERH's dividend yield for the trailing twelve months is around 8.15%, more than SADIX's 4.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERH Allspring Utilities and High Income Fund | 8.15% | 8.13% | 7.15% | 9.19% | 8.09% | 5.86% | 7.20% | 6.53% | 8.06% | 6.82% | 7.53% | 8.04% |
SADIX Allspring Ultra Short-Term Income Fund | 4.02% | 4.45% | 4.39% | 2.99% | 1.44% | 0.80% | 1.85% | 2.44% | 2.03% | 1.49% | 1.36% | 1.11% |
Drawdowns
ERH vs. SADIX - Drawdown Comparison
The maximum ERH drawdown since its inception was -69.81%, which is greater than SADIX's maximum drawdown of -7.34%. Use the drawdown chart below to compare losses from any high point for ERH and SADIX.
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Drawdown Indicators
| ERH | SADIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.81% | -7.34% | -62.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -0.45% | -9.57% |
Max Drawdown (5Y)Largest decline over 5 years | -37.85% | -2.16% | -35.69% |
Max Drawdown (10Y)Largest decline over 10 years | -46.11% | -4.67% | -41.44% |
Current DrawdownCurrent decline from peak | -5.32% | -0.34% | -4.98% |
Average DrawdownAverage peak-to-trough decline | -17.40% | -0.38% | -17.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.09% | 0.12% | +3.97% |
Volatility
ERH vs. SADIX - Volatility Comparison
Allspring Utilities and High Income Fund (ERH) has a higher volatility of 5.43% compared to Allspring Ultra Short-Term Income Fund (SADIX) at 0.25%. This indicates that ERH's price experiences larger fluctuations and is considered to be riskier than SADIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERH | SADIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 0.25% | +5.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 1.00% | +8.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.68% | 1.39% | +13.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.84% | 1.37% | +15.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 1.32% | +18.32% |