IWV vs. MNTRX
IWV (iShares Russell 3000 ETF) and MNTRX (Allspring Core Bond Fund) are both funds - IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while MNTRX is a Intermediate Core Bond fund managed by Allspring Global Investments. Over the past 10 years, IWV returned 14.84%/yr vs 1.40%/yr for MNTRX. At a correlation of -0.15, they often move in opposite directions. IWV charges 0.20%/yr vs 0.70%/yr for MNTRX.
Performance
IWV vs. MNTRX - Performance Comparison
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Returns By Period
In the year-to-date period, IWV achieves a 9.30% return, which is significantly higher than MNTRX's 0.29% return. Over the past 10 years, IWV has outperformed MNTRX with an annualized return of 14.84%, while MNTRX has yielded a comparatively lower 1.40% annualized return.
IWV
- 1D
- 0.53%
- 1M
- -0.32%
- YTD
- 9.30%
- 6M
- 9.38%
- 1Y
- 25.70%
- 3Y*
- 20.32%
- 5Y*
- 12.07%
- 10Y*
- 14.84%
MNTRX
- 1D
- 0.55%
- 1M
- 0.52%
- YTD
- 0.29%
- 6M
- 0.90%
- 1Y
- 4.87%
- 3Y*
- 3.88%
- 5Y*
- -0.24%
- 10Y*
- 1.40%
IWV vs. MNTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWV iShares Russell 3000 ETF | 9.30% | 16.96% | 23.49% | 25.82% | -19.28% | 25.54% | 20.55% | 30.66% | -5.43% | 20.97% |
MNTRX Allspring Core Bond Fund | 0.29% | 7.16% | 1.38% | 5.37% | -13.82% | -2.10% | 8.51% | 8.18% | -0.57% | 3.28% |
Correlation
The correlation between IWV and MNTRX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | -0.15 |
The correlation between IWV and MNTRX shifts across timeframes, from -0.15 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IWV vs. MNTRX — Risk / Return Rank
IWV
MNTRX
IWV vs. MNTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 3000 ETF (IWV) and Allspring Core Bond Fund (MNTRX). 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.
| IWV | MNTRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.22 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 1.56 | +1.17 |
| Martin ratioReturn relative to average drawdown | 12.28 | 4.59 | +7.69 |
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Drawdowns
IWV vs. MNTRX - Drawdown Comparison
The maximum IWV drawdown since its inception was -55.61%, which is greater than MNTRX's maximum drawdown of -19.36%. Use the drawdown chart below to compare losses from any high point for IWV and MNTRX.
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Drawdown Indicators
| IWV | MNTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.61% | -19.36% | -36.25% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -3.06% | -5.83% |
Max Drawdown (3Y)Largest decline over 3 years | -19.28% | -6.27% | -13.01% |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | -18.91% | -6.20% |
Max Drawdown (10Y)Largest decline over 10 years | -35.22% | -19.36% | -15.86% |
Current DrawdownCurrent decline from peak | -2.09% | -3.14% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -10.58% | -2.46% | -8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 1.04% | +0.94% |
Volatility
IWV vs. MNTRX - Volatility Comparison
iShares Russell 3000 ETF (IWV) has a higher volatility of 4.44% compared to Allspring Core Bond Fund (MNTRX) at 1.35%. This indicates that IWV's price experiences larger fluctuations and is considered to be riskier than MNTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWV | MNTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | 1.35% | +3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 2.93% | +6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 3.95% | +8.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.30% | 6.04% | +11.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.43% | 4.96% | +13.47% |
IWV vs. MNTRX - Expense Ratio Comparison
IWV has a 0.20% expense ratio, which is lower than MNTRX's 0.70% expense ratio.
Dividends
IWV vs. MNTRX - Dividend Comparison
IWV's dividend yield for the trailing twelve months is around 0.87%, less than MNTRX's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWV iShares Russell 3000 ETF | 0.87% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
MNTRX Allspring Core Bond Fund | 4.06% | 4.07% | 4.13% | 3.19% | 1.85% | 1.75% | 6.35% | 2.46% | 2.33% | 1.74% | 1.97% | 1.45% |
Frequently Asked Questions
IWV and MNTRX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWV has higher volatility (4.44%) compared to MNTRX (1.35%). In terms of maximum drawdown, IWV dropped -55.61% vs MNTRX's -19.36%.
IWV currently has the higher Sharpe Ratio (1.94 vs 1.22), 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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