ESPRX vs. EVSAX

Last updated Aug 1, 2026

ESPRX (Allspring Special Small Cap Value Fund Class R6) and EVSAX (Allspring Disciplined U.S. Core Fund) are both mutual funds - ESPRX is a Small Cap Value Equities fund actively managed by Allspring, while EVSAX is a Large Cap Blend Equities fund managed by Allspring. Over the past 10 years, ESPRX returned 8.53%/yr vs 14.85%/yr for EVSAX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. ESPRX charges 0.82%/yr vs 0.86%/yr for EVSAX.

Performance

ESPRX vs. EVSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Special Small Cap Value Fund Class R6 (ESPRX) and Allspring Disciplined U.S. Core Fund (EVSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESPRX achieves a 13.41% return, which is significantly higher than EVSAX's 9.91% return. Over the past 10 years, ESPRX has underperformed EVSAX with an annualized return of 8.53%, while EVSAX has yielded a comparatively higher 14.85% annualized return.

ESPRX

• 1D: 0.07%
• 1M: -0.87%
• 6M: 7.10%
• YTD: 13.41%
• 1Y: 18.22%
• 3Y*: 7.39%
• 5Y*: 5.33%
• 10Y*: 8.53%
• ALL TIME*: 8.16%

EVSAX

• 1D: 1.89%
• 1M: -0.49%
• 6M: 8.44%
• YTD: 9.91%
• 1Y: 21.90%
• 3Y*: 20.50%
• 5Y*: 13.73%
• 10Y*: 14.85%
• ALL TIME*: 9.03%

*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)
ESPRX Allspring Special Small Cap Value Fund Class R6	$0.00	$0.00	$0.00
EVSAX Allspring Disciplined U.S. Core Fund	$0.00	$0.00	$0.00

ESPRX vs. EVSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESPRX Allspring Special Small Cap Value Fund Class R6	13.41%	-2.70%	6.89%	19.15%	-13.57%	28.16%	1.56%	29.89%	-13.40%	11.56%
EVSAX Allspring Disciplined U.S. Core Fund	9.91%	18.65%	29.20%	25.97%	-18.21%	30.35%	15.95%	31.87%	-8.43%	20.47%

Correlation

The correlation between ESPRX and EVSAX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.74
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.76

The correlation between ESPRX and EVSAX shifts across timeframes, from 0.57 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ESPRX vs. EVSAX — Risk / Return Rank

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

ESPRX

ESPRX Risk / Return Rank: 23
ESPRX Sharpe Ratio Rank: 23
ESPRX Sortino Ratio Rank: 26
ESPRX Omega Ratio Rank: 22
ESPRX Calmar Ratio Rank: 22
ESPRX Martin Ratio Rank: 22

EVSAX

EVSAX Risk / Return Rank: 65
EVSAX Sharpe Ratio Rank: 61
EVSAX Sortino Ratio Rank: 59
EVSAX Omega Ratio Rank: 57
EVSAX Calmar Ratio Rank: 70
EVSAX Martin Ratio Rank: 80

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.

ESPRX vs. EVSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Special Small Cap Value Fund Class R6 (ESPRX) and Allspring Disciplined U.S. Core Fund (EVSAX). 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.

	ESPRX	EVSAX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	1.49	-0.61
Sortino ratio: Return per unit of downside risk	1.43	2.08	-0.65
Omega ratio: Gain probability vs. loss probability	1.16	1.26	-0.10
Calmar ratio: Return relative to maximum drawdown	1.13	2.28	-1.15
Martin ratio: Return relative to average drawdown	3.35	9.67	-6.32

ESPRX vs. EVSAX - Sharpe Ratio Comparison

The current ESPRX Sharpe Ratio is 0.87, which is lower than the EVSAX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of ESPRX and EVSAX, 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

ESPRX vs. EVSAX - Drawdown Comparison

The maximum ESPRX drawdown since its inception was -43.24%, smaller than the maximum EVSAX drawdown of -53.73%. Use the drawdown chart below to compare losses from any high point for ESPRX and EVSAX.

Drawdown Indicators

	ESPRX	EVSAX	Difference
Max Drawdown Largest peak-to-trough decline	-43.24%	-53.73%	+10.49%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-8.65%	-4.88%
Max Drawdown (3Y) Largest decline over 3 years	-24.68%	-19.00%	-5.68%
Max Drawdown (5Y) Largest decline over 5 years	-26.46%	-27.72%	+1.26%
Max Drawdown (10Y) Largest decline over 10 years	-43.24%	-33.03%	-10.21%
Current Drawdown Current decline from peak	-2.91%	-2.03%	-0.88%
Average Drawdown Average peak-to-trough decline	-7.70%	-9.71%	+2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.58%	2.04%	+2.54%

Volatility

ESPRX vs. EVSAX - Volatility Comparison

Allspring Special Small Cap Value Fund Class R6 (ESPRX) has a higher volatility of 4.54% compared to Allspring Disciplined U.S. Core Fund (EVSAX) at 3.77%. This indicates that ESPRX's price experiences larger fluctuations and is considered to be riskier than EVSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESPRX	EVSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	3.77%	+0.77%
Volatility (6M) Calculated over the trailing 6-month period	12.30%	10.43%	+1.87%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	13.30%	+4.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.14%	17.71%	+2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.06%	18.41%	+2.65%

ESPRX vs. EVSAX - Expense Ratio Comparison

ESPRX has a 0.82% expense ratio, which is lower than EVSAX's 0.86% expense ratio.

Dividends

ESPRX vs. EVSAX - Dividend Comparison

ESPRX's dividend yield for the trailing twelve months is around 7.41%, more than EVSAX's 5.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESPRX Allspring Special Small Cap Value Fund Class R6	7.41%	8.40%	10.20%	2.46%	6.54%	6.59%	0.73%	3.03%	8.25%	5.68%	2.57%	2.80%
EVSAX Allspring Disciplined U.S. Core Fund	5.04%	5.54%	6.61%	9.22%	14.46%	8.22%	9.22%	6.68%	7.11%	4.31%	2.43%	11.99%

Frequently Asked Questions

Can I hold both ESPRX and EVSAX in my portfolio?

ESPRX and EVSAX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESPRX or EVSAX?

ESPRX has higher volatility (4.54%) compared to EVSAX (3.77%). In terms of maximum drawdown, ESPRX dropped -43.24% vs EVSAX's -53.73%.

Which has better risk-adjusted returns?

EVSAX currently has the higher Sharpe Ratio (1.49 vs 0.87), 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.