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EVSAX vs. WARAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EVSAX vs. WARAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Disciplined U.S. Core Fund (EVSAX) and Allspring Absolute Return Fund (WARAX). The values are adjusted to include any dividend payments, if applicable.

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EVSAX vs. WARAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EVSAX
Allspring Disciplined U.S. Core Fund
-6.75%18.65%29.20%25.97%-18.21%30.35%15.95%31.87%-8.43%20.47%
WARAX
Allspring Absolute Return Fund
14.79%8.07%5.93%12.53%-2.75%2.25%-3.25%11.65%-5.78%12.11%

Returns By Period

In the year-to-date period, EVSAX achieves a -6.75% return, which is significantly lower than WARAX's 14.79% return. Over the past 10 years, EVSAX has outperformed WARAX with an annualized return of 13.47%, while WARAX has yielded a comparatively lower 5.60% annualized return.


EVSAX

1D
-0.45%
1M
-7.07%
YTD
-6.75%
6M
-4.32%
1Y
16.66%
3Y*
18.72%
5Y*
12.23%
10Y*
13.47%

WARAX

1D
0.48%
1M
1.12%
YTD
14.79%
6M
17.82%
1Y
21.60%
3Y*
13.03%
5Y*
7.02%
10Y*
5.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EVSAX vs. WARAX - Expense Ratio Comparison

EVSAX has a 0.86% expense ratio, which is higher than WARAX's 0.70% expense ratio.


Return for Risk

EVSAX vs. WARAX — Risk / Return Rank

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

EVSAX
EVSAX Risk / Return Rank: 5656
Overall Rank
EVSAX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
EVSAX Sortino Ratio Rank: 5555
Sortino Ratio Rank
EVSAX Omega Ratio Rank: 5656
Omega Ratio Rank
EVSAX Calmar Ratio Rank: 5353
Calmar Ratio Rank
EVSAX Martin Ratio Rank: 6565
Martin Ratio Rank

WARAX
WARAX Risk / Return Rank: 9494
Overall Rank
WARAX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
WARAX Sortino Ratio Rank: 9595
Sortino Ratio Rank
WARAX Omega Ratio Rank: 9393
Omega Ratio Rank
WARAX Calmar Ratio Rank: 9898
Calmar Ratio Rank
WARAX Martin Ratio Rank: 9090
Martin Ratio Rank
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.

EVSAX vs. WARAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Disciplined U.S. Core Fund (EVSAX) and Allspring Absolute Return Fund (WARAX). 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.


EVSAXWARAXDifference

Sharpe ratio

Return per unit of total volatility

0.96

2.45

-1.49

Sortino ratio

Return per unit of downside risk

1.46

3.28

-1.82

Omega ratio

Gain probability vs. loss probability

1.22

1.45

-0.23

Calmar ratio

Return relative to maximum drawdown

1.28

4.34

-3.06

Martin ratio

Return relative to average drawdown

6.18

10.20

-4.02

EVSAX vs. WARAX - Sharpe Ratio Comparison

The current EVSAX Sharpe Ratio is 0.96, which is lower than the WARAX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of EVSAX and WARAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EVSAXWARAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

2.45

-1.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.70

0.93

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.74

0.71

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.59

-0.13

Correlation

The correlation between EVSAX and WARAX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

EVSAX vs. WARAX - Dividend Comparison

EVSAX's dividend yield for the trailing twelve months is around 5.94%, more than WARAX's 1.74% yield.


TTM20252024202320222021202020192018201720162015
EVSAX
Allspring Disciplined U.S. Core Fund
5.94%5.54%6.61%9.22%14.46%8.22%9.22%6.68%7.11%4.31%2.43%11.99%
WARAX
Allspring Absolute Return Fund
1.74%2.00%10.90%2.80%2.34%3.23%3.34%3.38%2.66%1.77%0.76%1.35%

Drawdowns

EVSAX vs. WARAX - Drawdown Comparison

The maximum EVSAX drawdown since its inception was -53.73%, which is greater than WARAX's maximum drawdown of -23.16%. Use the drawdown chart below to compare losses from any high point for EVSAX and WARAX.


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Drawdown Indicators


EVSAXWARAXDifference

Max Drawdown

Largest peak-to-trough decline

-53.73%

-23.16%

-30.57%

Max Drawdown (1Y)

Largest decline over 1 year

-11.69%

-5.06%

-6.63%

Max Drawdown (5Y)

Largest decline over 5 years

-27.72%

-14.64%

-13.08%

Max Drawdown (10Y)

Largest decline over 10 years

-33.03%

-23.16%

-9.87%

Current Drawdown

Current decline from peak

-8.65%

-0.24%

-8.41%

Average Drawdown

Average peak-to-trough decline

-9.78%

-3.88%

-5.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.42%

2.15%

+0.27%

Volatility

EVSAX vs. WARAX - Volatility Comparison

Allspring Disciplined U.S. Core Fund (EVSAX) has a higher volatility of 4.18% compared to Allspring Absolute Return Fund (WARAX) at 3.66%. This indicates that EVSAX's price experiences larger fluctuations and is considered to be riskier than WARAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EVSAXWARAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.18%

3.66%

+0.52%

Volatility (6M)

Calculated over the trailing 6-month period

9.37%

7.21%

+2.16%

Volatility (1Y)

Calculated over the trailing 1-year period

18.15%

8.83%

+9.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.54%

7.60%

+9.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.35%

7.91%

+10.44%