ESPRX vs. SENAX

Last updated Aug 1, 2026

ESPRX (Allspring Special Small Cap Value Fund Class R6) and SENAX (Allspring Discovery Mid Cap Growth Fund) are both mutual funds - ESPRX is a Small Cap Value Equities fund actively managed by Allspring, while SENAX is a Mid Cap Growth Equities fund managed by Allspring. Over the past 10 years, ESPRX returned 8.53%/yr vs 10.75%/yr for SENAX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. ESPRX charges 0.82%/yr vs 1.18%/yr for SENAX.

Performance

ESPRX vs. SENAX - 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 Discovery Mid Cap Growth Fund (SENAX). 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 SENAX's 4.63% return. Over the past 10 years, ESPRX has underperformed SENAX with an annualized return of 8.53%, while SENAX has yielded a comparatively higher 10.75% 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%

SENAX

• 1D: 2.98%
• 1M: -4.22%
• 6M: 6.27%
• YTD: 4.63%
• 1Y: 6.22%
• 3Y*: 13.28%
• 5Y*: -0.73%
• 10Y*: 10.75%
• ALL TIME*: 7.24%

*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
SENAX Allspring Discovery Mid Cap Growth Fund	$0.00	$0.00	$0.00

ESPRX vs. SENAX - 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%
SENAX Allspring Discovery Mid Cap Growth Fund	4.63%	13.41%	19.25%	24.00%	-41.92%	2.58%	57.96%	40.64%	-5.97%	28.54%

Correlation

The correlation between ESPRX and SENAX is 0.60, 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.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.65
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.63
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.66

The correlation between ESPRX and SENAX has been stable across timeframes, ranging from 0.60 to 0.68 - a consistent structural relationship.

Return for Risk

ESPRX vs. SENAX — 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

SENAX

SENAX Risk / Return Rank: 8
SENAX Sharpe Ratio Rank: 7
SENAX Sortino Ratio Rank: 8
SENAX Omega Ratio Rank: 7
SENAX Calmar Ratio Rank: 8
SENAX Martin Ratio Rank: 9

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. SENAX - 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 Discovery Mid Cap Growth Fund (SENAX). 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	SENAX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	0.21	+0.66
Sortino ratio: Return per unit of downside risk	1.43	0.45	+0.99
Omega ratio: Gain probability vs. loss probability	1.16	1.05	+0.11
Calmar ratio: Return relative to maximum drawdown	1.13	0.31	+0.82
Martin ratio: Return relative to average drawdown	3.35	1.03	+2.32

ESPRX vs. SENAX - Sharpe Ratio Comparison

The current ESPRX Sharpe Ratio is 0.87, which is higher than the SENAX Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of ESPRX and SENAX, 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. SENAX - Drawdown Comparison

The maximum ESPRX drawdown since its inception was -43.24%, smaller than the maximum SENAX drawdown of -58.34%. Use the drawdown chart below to compare losses from any high point for ESPRX and SENAX.

Drawdown Indicators

	ESPRX	SENAX	Difference
Max Drawdown Largest peak-to-trough decline	-43.24%	-58.34%	+15.10%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-13.59%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	-24.68%	-27.44%	+2.76%
Max Drawdown (5Y) Largest decline over 5 years	-26.46%	-55.14%	+28.68%
Max Drawdown (10Y) Largest decline over 10 years	-43.24%	-55.14%	+11.90%
Current Drawdown Current decline from peak	-2.91%	-15.58%	+12.67%
Average Drawdown Average peak-to-trough decline	-7.70%	-17.68%	+9.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.58%	4.14%	+0.44%

Volatility

ESPRX vs. SENAX - Volatility Comparison

The current volatility for Allspring Special Small Cap Value Fund Class R6 (ESPRX) is 4.54%, while Allspring Discovery Mid Cap Growth Fund (SENAX) has a volatility of 6.07%. This indicates that ESPRX experiences smaller price fluctuations and is considered to be less risky than SENAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESPRX	SENAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	6.07%	-1.53%
Volatility (6M) Calculated over the trailing 6-month period	12.30%	16.99%	-4.69%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	20.46%	-2.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.14%	28.94%	-8.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.06%	25.91%	-4.85%

ESPRX vs. SENAX - Expense Ratio Comparison

ESPRX has a 0.82% expense ratio, which is lower than SENAX's 1.18% expense ratio.

Dividends

ESPRX vs. SENAX - Dividend Comparison

ESPRX's dividend yield for the trailing twelve months is around 7.41%, less than SENAX's 11.53% 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%
SENAX Allspring Discovery Mid Cap Growth Fund	11.53%	12.06%	10.88%	2.46%	0.00%	17.81%	9.16%	6.59%	15.14%	11.23%	4.58%	8.37%

Frequently Asked Questions

Can I hold both ESPRX and SENAX in my portfolio?

ESPRX and SENAX have a correlation of 0.60, 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 SENAX?

SENAX has higher volatility (6.07%) compared to ESPRX (4.54%). In terms of maximum drawdown, ESPRX dropped -43.24% vs SENAX's -58.34%.

Which has better risk-adjusted returns?

ESPRX currently has the higher Sharpe Ratio (0.87 vs 0.21), 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.