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

Correlation

The correlation between SENAX and GOOGL is 0.86, 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.


-0.50.00.51.0
Correlation: 0.9

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. (GOOGL). The values are adjusted to include any dividend payments, if applicable.

0.00%2,000.00%4,000.00%6,000.00%8,000.00%NovemberDecember2025FebruaryMarchApril
121.71%
6,381.25%
SENAX
GOOGL

Key characteristics

Sharpe Ratio

SENAX:

-0.13

GOOGL:

0.09

Sortino Ratio

SENAX:

0.02

GOOGL:

0.36

Omega Ratio

SENAX:

1.00

GOOGL:

1.04

Calmar Ratio

SENAX:

-0.07

GOOGL:

0.09

Martin Ratio

SENAX:

-0.30

GOOGL:

0.22

Ulcer Index

SENAX:

12.21%

GOOGL:

12.78%

Daily Std Dev

SENAX:

28.63%

GOOGL:

31.87%

Max Drawdown

SENAX:

-58.93%

GOOGL:

-65.29%

Current Drawdown

SENAX:

-46.20%

GOOGL:

-21.43%

Returns By Period

In the year-to-date period, SENAX achieves a -6.64% return, which is significantly higher than GOOGL's -14.34% return. Over the past 10 years, SENAX has underperformed GOOGL with an annualized return of -0.56%, while GOOGL has yielded a comparatively higher 19.20% annualized return.


SENAX

YTD

-6.64%

1M

-0.58%

6M

-13.75%

1Y

-3.70%

5Y*

-0.97%

10Y*

-0.56%

GOOGL

YTD

-14.34%

1M

-1.88%

6M

-1.78%

1Y

4.32%

5Y*

20.64%

10Y*

19.20%

*Annualized

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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 1616
Overall Rank
The Sharpe Ratio Rank of SENAX is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of SENAX is 1717
Sortino Ratio Rank
The Omega Ratio Rank of SENAX is 1717
Omega Ratio Rank
The Calmar Ratio Rank of SENAX is 1616
Calmar Ratio Rank
The Martin Ratio Rank of SENAX is 1616
Martin Ratio Rank

GOOGL
The Risk-Adjusted Performance Rank of GOOGL is 5252
Overall Rank
The Sharpe Ratio Rank of GOOGL is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOGL is 4848
Sortino Ratio Rank
The Omega Ratio Rank of GOOGL is 4646
Omega Ratio Rank
The Calmar Ratio Rank of GOOGL is 5757
Calmar Ratio Rank
The Martin Ratio Rank of GOOGL is 5454
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. (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 chart of Sharpe ratio for SENAX, currently valued at -0.13, compared to the broader market-1.000.001.002.003.00
SENAX: -0.13
GOOGL: 0.09
The chart of Sortino ratio for SENAX, currently valued at 0.02, compared to the broader market-2.000.002.004.006.008.00
SENAX: 0.02
GOOGL: 0.36
The chart of Omega ratio for SENAX, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.00
SENAX: 1.00
GOOGL: 1.04
The chart of Calmar ratio for SENAX, currently valued at -0.07, compared to the broader market0.002.004.006.008.0010.00
SENAX: -0.07
GOOGL: 0.09
The chart of Martin ratio for SENAX, currently valued at -0.29, compared to the broader market0.0010.0020.0030.0040.00
SENAX: -0.30
GOOGL: 0.22

The current SENAX Sharpe Ratio is -0.13, which is lower than the GOOGL Sharpe Ratio of 0.09. 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.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.13
0.09
SENAX
GOOGL

Dividends

SENAX vs. GOOGL - Dividend Comparison

SENAX has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.49%.


TTM2024
SENAX
Allspring Discovery Mid Cap Growth Fund
0.00%0.00%
GOOGL
Alphabet Inc.
0.49%0.32%

Drawdowns

SENAX vs. GOOGL - Drawdown Comparison

The maximum SENAX drawdown since its inception was -58.93%, 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. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-46.20%
-21.43%
SENAX
GOOGL

Volatility

SENAX vs. GOOGL - Volatility Comparison

Allspring Discovery Mid Cap Growth Fund (SENAX) has a higher volatility of 17.53% compared to Alphabet Inc. (GOOGL) at 14.73%. This indicates that SENAX's price experiences larger fluctuations and is considered to be riskier than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
17.53%
14.73%
SENAX
GOOGL