SENAX vs. FTEC

In the year-to-date period, SENAX achieves a 5.55% return, which is significantly higher than FTEC's -1.40% return. Over the past 10 years, SENAX has underperformed FTEC with an annualized return of 9.10%, while FTEC has yielded a comparatively higher 19.72% annualized return.

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SENAX has a 1.18% expense ratio, which is higher than FTEC's 0.08% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Allspring Discovery Mid Cap Growth Fund (SENAX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.

The current SENAX Sharpe Ratio is 0.66, which is comparable to the FTEC Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of SENAX and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

SENAX's dividend yield for the trailing twelve months is around 10.31%, more than FTEC's 0.49% yield.

The maximum SENAX drawdown since its inception was -58.34%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for SENAX and FTEC.

Allspring Discovery Mid Cap Growth Fund (SENAX) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 6.63% and 6.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.