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SENAX vs. GOOGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SENAX and GOOGL is 0.63, 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.


Performance

SENAX vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Discovery Mid Cap Growth Fund (SENAX) and Alphabet Inc Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SENAX:

0.66

GOOGL:

-0.05

Sortino Ratio

SENAX:

0.98

GOOGL:

0.06

Omega Ratio

SENAX:

1.13

GOOGL:

1.01

Calmar Ratio

SENAX:

0.41

GOOGL:

-0.12

Martin Ratio

SENAX:

1.85

GOOGL:

-0.24

Ulcer Index

SENAX:

8.59%

GOOGL:

14.31%

Daily Std Dev

SENAX:

27.42%

GOOGL:

31.48%

Max Drawdown

SENAX:

-58.34%

GOOGL:

-65.29%

Current Drawdown

SENAX:

-19.35%

GOOGL:

-18.00%

Returns By Period

In the year-to-date period, SENAX achieves a 5.55% return, which is significantly higher than GOOGL's -10.61% return. Over the past 10 years, SENAX has underperformed GOOGL with an annualized return of 9.10%, while GOOGL has yielded a comparatively higher 19.98% annualized return.


SENAX

YTD

5.55%

1M

8.08%

6M

-2.43%

1Y

17.83%

3Y*

12.76%

5Y*

5.86%

10Y*

9.10%

GOOGL

YTD

-10.61%

1M

3.05%

6M

-1.21%

1Y

-1.54%

3Y*

14.03%

5Y*

18.74%

10Y*

19.98%

*Annualized

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Alphabet Inc Class A

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

SENAX vs. GOOGL — Risk-Adjusted Performance Rank

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

SENAX
The Risk-Adjusted Performance Rank of SENAX is 4444
Overall Rank
The Sharpe Ratio Rank of SENAX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of SENAX is 4949
Sortino Ratio Rank
The Omega Ratio Rank of SENAX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of SENAX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of SENAX is 4141
Martin Ratio Rank

GOOGL
The Risk-Adjusted Performance Rank of GOOGL is 4242
Overall Rank
The Sharpe Ratio Rank of GOOGL is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOGL is 3838
Sortino Ratio Rank
The Omega Ratio Rank of GOOGL is 3838
Omega Ratio Rank
The Calmar Ratio Rank of GOOGL is 4343
Calmar Ratio Rank
The Martin Ratio Rank of GOOGL is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SENAX vs. GOOGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Discovery Mid Cap Growth Fund (SENAX) and Alphabet Inc Class A (GOOGL). 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 higher than the GOOGL Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of SENAX and GOOGL, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

SENAX vs. GOOGL - Dividend Comparison

SENAX's dividend yield for the trailing twelve months is around 10.31%, more than GOOGL's 0.47% yield.


TTM20242023202220212020201920182017201620152014
SENAX
Allspring Discovery Mid Cap Growth Fund
10.31%10.88%2.46%0.00%17.81%9.16%6.59%15.14%11.23%4.58%8.37%13.42%
GOOGL
Alphabet Inc Class A
0.47%0.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SENAX vs. GOOGL - Drawdown Comparison

The maximum SENAX drawdown since its inception was -58.34%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for SENAX and GOOGL.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

SENAX vs. GOOGL - Volatility Comparison

The current volatility for Allspring Discovery Mid Cap Growth Fund (SENAX) is 6.63%, while Alphabet Inc Class A (GOOGL) has a volatility of 11.05%. This indicates that SENAX experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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