SENAX vs. IJH
SENAX (Allspring Discovery Mid Cap Growth Fund) and IJH (iShares Core S&P Mid-Cap ETF) are both funds - SENAX is a Mid Cap Growth Equities fund managed by Allspring Global Investments, while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Over the past 10 years, SENAX returned 11.65%/yr vs 11.74%/yr for IJH. Their correlation of 0.87 suggests significant overlap in exposure. SENAX charges 1.18%/yr vs 0.05%/yr for IJH.
Performance
SENAX vs. IJH - Performance Comparison
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Returns By Period
In the year-to-date period, SENAX achieves a 8.48% return, which is significantly lower than IJH's 15.82% return. Both investments have delivered pretty close results over the past 10 years, with SENAX having a 11.65% annualized return and IJH not far ahead at 11.74%.
SENAX
- 1D
- 1.42%
- 1M
- 4.38%
- YTD
- 8.48%
- 6M
- 5.85%
- 1Y
- 15.85%
- 3Y*
- 16.13%
- 5Y*
- 1.36%
- 10Y*
- 11.65%
IJH
- 1D
- 0.38%
- 1M
- 3.76%
- YTD
- 15.82%
- 6M
- 13.38%
- 1Y
- 27.53%
- 3Y*
- 16.50%
- 5Y*
- 8.90%
- 10Y*
- 11.74%
SENAX vs. IJH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SENAX Allspring Discovery Mid Cap Growth Fund | 8.48% | 13.41% | 19.25% | 24.00% | -41.92% | 2.58% | 57.96% | 40.64% | -5.97% | 28.54% |
IJH iShares Core S&P Mid-Cap ETF | 15.82% | 7.42% | 13.92% | 16.40% | -13.11% | 24.72% | 13.60% | 26.10% | -11.19% | 16.26% |
Correlation
The correlation between SENAX and IJH is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.87 |
The correlation between SENAX and IJH has been stable across timeframes, ranging from 0.77 to 0.87 - a consistent structural relationship.
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Return for Risk
SENAX vs. IJH — Risk / Return Rank
SENAX
IJH
SENAX vs. IJH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Discovery Mid Cap Growth Fund (SENAX) and iShares Core S&P Mid-Cap ETF (IJH). 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.
| SENAX | IJH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.31 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 3.13 | -2.00 |
| Martin ratioReturn relative to average drawdown | 3.94 | 11.45 | -7.51 |
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Drawdowns
SENAX vs. IJH - Drawdown Comparison
The maximum SENAX drawdown since its inception was -58.34%, which is greater than IJH's maximum drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for SENAX and IJH.
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Drawdown Indicators
| SENAX | IJH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.34% | -55.07% | -3.27% |
Max Drawdown (1Y)Largest decline over 1 year | -13.59% | -8.83% | -4.76% |
Max Drawdown (3Y)Largest decline over 3 years | -27.44% | -24.10% | -3.34% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -24.10% | -31.04% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -42.18% | -12.96% |
Current DrawdownCurrent decline from peak | -12.48% | -0.12% | -12.36% |
Average DrawdownAverage peak-to-trough decline | -17.70% | -7.56% | -10.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.41% | +1.49% |
Volatility
SENAX vs. IJH - Volatility Comparison
Allspring Discovery Mid Cap Growth Fund (SENAX) has a higher volatility of 6.76% compared to iShares Core S&P Mid-Cap ETF (IJH) at 4.59%. This indicates that SENAX's price experiences larger fluctuations and is considered to be riskier than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SENAX | IJH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 4.59% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.29% | 11.70% | +4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.81% | 15.87% | +3.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.86% | 19.76% | +9.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.89% | 21.21% | +4.68% |
SENAX vs. IJH - Expense Ratio Comparison
SENAX has a 1.18% expense ratio, which is higher than IJH's 0.05% expense ratio.
Dividends
SENAX vs. IJH - Dividend Comparison
SENAX's dividend yield for the trailing twelve months is around 11.12%, more than IJH's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJH iShares Core S&P Mid-Cap ETF | 1.17% | 1.36% | 1.33% | 1.46% | 1.68% | 1.18% | 1.28% | 1.63% | 1.72% | 1.19% | 1.60% | 1.56% |
SENAX Allspring Discovery Mid Cap Growth Fund | 11.12% | 12.06% | 10.88% | 2.46% | 0.00% | 17.81% | 9.16% | 6.59% | 15.14% | 11.23% | 4.58% | 8.37% |
Frequently Asked Questions
SENAX and IJH have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SENAX has higher volatility (6.76%) compared to IJH (4.59%). In terms of maximum drawdown, SENAX dropped -58.34% vs IJH's -55.07%.
IJH currently has the higher Sharpe Ratio (1.75 vs 0.78), 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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