SCSAX vs. MSXAX
Compare and contrast key facts about Allspring Common Stock Fund (SCSAX) and NYLI S&P 500 Index Class A (MSXAX).
SCSAX is managed by Allspring Global Investments. It was launched on Nov 30, 2000. MSXAX is a passively managed fund by New York Life that tracks the performance of the S&P 500 Index. It was launched on Jan 2, 2004.
Performance
SCSAX vs. MSXAX - Performance Comparison
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SCSAX vs. MSXAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCSAX Allspring Common Stock Fund | -6.69% | 1.44% | 6.51% | 15.90% | -17.71% | 21.14% | 15.34% | 47.23% | -10.02% | 17.54% |
MSXAX NYLI S&P 500 Index Class A | -7.16% | 17.26% | 23.98% | 25.96% | -18.52% | 28.13% | 17.86% | 30.69% | -4.71% | 21.07% |
Returns By Period
In the year-to-date period, SCSAX achieves a -6.69% return, which is significantly higher than MSXAX's -7.16% return. Over the past 10 years, SCSAX has underperformed MSXAX with an annualized return of 8.90%, while MSXAX has yielded a comparatively higher 13.18% annualized return.
SCSAX
- 1D
- -1.08%
- 1M
- -10.28%
- YTD
- -6.69%
- 6M
- -4.29%
- 1Y
- 3.75%
- 3Y*
- 3.24%
- 5Y*
- 1.65%
- 10Y*
- 8.90%
MSXAX
- 1D
- -0.40%
- 1M
- -7.71%
- YTD
- -7.16%
- 6M
- -4.84%
- 1Y
- 13.86%
- 3Y*
- 16.56%
- 5Y*
- 10.85%
- 10Y*
- 13.18%
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SCSAX vs. MSXAX - Expense Ratio Comparison
SCSAX has a 1.25% expense ratio, which is higher than MSXAX's 0.52% expense ratio.
Return for Risk
SCSAX vs. MSXAX — Risk / Return Rank
SCSAX
MSXAX
SCSAX vs. MSXAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Common Stock Fund (SCSAX) and NYLI S&P 500 Index Class A (MSXAX). 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.
| SCSAX | MSXAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.17 | 0.81 | -0.64 |
Sortino ratioReturn per unit of downside risk | 0.40 | 1.26 | -0.85 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.19 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.11 | 0.95 | -0.84 |
Martin ratioReturn relative to average drawdown | 0.39 | 4.60 | -4.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCSAX | MSXAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | 0.81 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.65 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.73 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.51 | -0.15 |
Correlation
The correlation between SCSAX and MSXAX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SCSAX vs. MSXAX - Dividend Comparison
SCSAX's dividend yield for the trailing twelve months is around 4.73%, more than MSXAX's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCSAX Allspring Common Stock Fund | 4.73% | 4.42% | 6.38% | 3.56% | 17.66% | 19.38% | 4.87% | 26.88% | 18.74% | 11.05% | 3.82% | 12.95% |
MSXAX NYLI S&P 500 Index Class A | 1.14% | 1.06% | 5.20% | 4.04% | 10.30% | 4.44% | 8.78% | 17.42% | 14.49% | 15.18% | 9.63% | 5.53% |
Drawdowns
SCSAX vs. MSXAX - Drawdown Comparison
The maximum SCSAX drawdown since its inception was -53.49%, roughly equal to the maximum MSXAX drawdown of -55.48%. Use the drawdown chart below to compare losses from any high point for SCSAX and MSXAX.
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Drawdown Indicators
| SCSAX | MSXAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.49% | -55.48% | +1.99% |
Max Drawdown (1Y)Largest decline over 1 year | -13.83% | -12.11% | -1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -38.46% | -24.78% | -13.68% |
Max Drawdown (10Y)Largest decline over 10 years | -45.63% | -33.79% | -11.84% |
Current DrawdownCurrent decline from peak | -19.30% | -8.97% | -10.33% |
Average DrawdownAverage peak-to-trough decline | -10.30% | -7.21% | -3.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 2.58% | +1.44% |
Volatility
SCSAX vs. MSXAX - Volatility Comparison
Allspring Common Stock Fund (SCSAX) has a higher volatility of 6.31% compared to NYLI S&P 500 Index Class A (MSXAX) at 4.24%. This indicates that SCSAX's price experiences larger fluctuations and is considered to be riskier than MSXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCSAX | MSXAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.31% | 4.24% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | 9.09% | +3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.97% | 18.13% | +3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.65% | 16.87% | +6.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.89% | 18.03% | +5.86% |