ESPRX vs. FIKNX
ESPRX (Allspring Special Small Cap Value Fund Class R6) and FIKNX (Fidelity Advisor Small Cap Value Fund Class Z) are both Small Cap Value Equities funds. Over the past 5 years, ESPRX returned 5.33%/yr vs 10.34%/yr for FIKNX. Their correlation of 0.95 means they have usually moved in the same direction. ESPRX charges 0.82%/yr vs 0.87%/yr for FIKNX.
Performance
ESPRX vs. FIKNX - Performance Comparison
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Returns By Period
In the year-to-date period, ESPRX achieves a 13.41% return, which is significantly lower than FIKNX's 25.69% 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%
FIKNX
- 1D
- 0.32%
- 1M
- -0.91%
- 6M
- 19.82%
- YTD
- 25.69%
- 1Y
- 39.03%
- 3Y*
- 15.38%
- 5Y*
- 10.34%
- 10Y*
- —
- ALL TIME*
- 12.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ESPRX vs. FIKNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -14.34% |
FIKNX Fidelity Advisor Small Cap Value Fund Class Z | 25.69% | 8.18% | 8.00% | 17.97% | -12.98% | 38.27% | 11.35% | 20.98% | -13.08% |
Correlation
The correlation between ESPRX and FIKNX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.95 |
The correlation between ESPRX and FIKNX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
ESPRX vs. FIKNX — Risk / Return Rank
ESPRX
FIKNX
ESPRX vs. FIKNX - 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 Fidelity Advisor Small Cap Value Fund Class Z (FIKNX). 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 | FIKNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 3.39 | -2.26 |
| Martin ratioReturn relative to average drawdown | 3.35 | 12.14 | -8.79 |
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Drawdowns
ESPRX vs. FIKNX - Drawdown Comparison
The maximum ESPRX drawdown since its inception was -43.24%, roughly equal to the maximum FIKNX drawdown of -44.09%. Use the drawdown chart below to compare losses from any high point for ESPRX and FIKNX.
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Drawdown Indicators
| ESPRX | FIKNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.24% | -44.09% | +0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -13.53% | -10.35% | -3.18% |
Max Drawdown (3Y)Largest decline over 3 years | -24.68% | -24.87% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -26.46% | -24.87% | -1.59% |
Max Drawdown (10Y)Largest decline over 10 years | -43.24% | — | — |
Current DrawdownCurrent decline from peak | -2.91% | -2.37% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -7.70% | -7.53% | -0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 2.89% | +1.69% |
Volatility
ESPRX vs. FIKNX - Volatility Comparison
Allspring Special Small Cap Value Fund Class R6 (ESPRX) has a higher volatility of 4.54% compared to Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) at 4.21%. This indicates that ESPRX's price experiences larger fluctuations and is considered to be riskier than FIKNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESPRX | FIKNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 4.21% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 13.49% | -1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.62% | 17.93% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.14% | 20.87% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.06% | 24.49% | -3.43% |
ESPRX vs. FIKNX - Expense Ratio Comparison
ESPRX has a 0.82% expense ratio, which is lower than FIKNX's 0.87% expense ratio.
Dividends
ESPRX vs. FIKNX - Dividend Comparison
ESPRX's dividend yield for the trailing twelve months is around 7.41%, less than FIKNX's 8.15% 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% |
FIKNX Fidelity Advisor Small Cap Value Fund Class Z | 8.15% | 10.24% | 4.82% | 5.32% | 5.92% | 8.07% | 0.58% | 3.65% | 8.42% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, ESPRX and FIKNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ESPRX has higher volatility (4.54%) compared to FIKNX (4.21%). In terms of maximum drawdown, ESPRX dropped -43.24% vs FIKNX's -44.09%.
FIKNX currently has the higher Sharpe Ratio (1.96 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.
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