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SENAX vs. SADIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SENAX vs. SADIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Discovery Mid Cap Growth Fund (SENAX) and Allspring Ultra Short-Term Income Fund (SADIX). The values are adjusted to include any dividend payments, if applicable.

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SENAX vs. SADIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SENAX
Allspring Discovery Mid Cap Growth Fund
-9.06%13.41%19.25%24.00%-41.92%2.58%57.96%40.64%-5.97%28.54%
SADIX
Allspring Ultra Short-Term Income Fund
0.33%5.28%6.34%6.27%-0.56%0.22%2.73%3.82%1.68%1.50%

Returns By Period

In the year-to-date period, SENAX achieves a -9.06% return, which is significantly lower than SADIX's 0.33% return. Over the past 10 years, SENAX has outperformed SADIX with an annualized return of 10.26%, while SADIX has yielded a comparatively lower 2.87% annualized return.


SENAX

1D
-1.54%
1M
-11.15%
YTD
-9.06%
6M
-11.07%
1Y
15.13%
3Y*
11.09%
5Y*
-0.94%
10Y*
10.26%

SADIX

1D
0.00%
1M
-0.34%
YTD
0.33%
6M
1.56%
1Y
4.22%
3Y*
5.58%
5Y*
3.54%
10Y*
2.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SENAX vs. SADIX - Expense Ratio Comparison

SENAX has a 1.18% expense ratio, which is higher than SADIX's 0.26% expense ratio.


Return for Risk

SENAX vs. SADIX — Risk / Return Rank

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

SENAX
SENAX Risk / Return Rank: 2727
Overall Rank
SENAX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
SENAX Sortino Ratio Rank: 2727
Sortino Ratio Rank
SENAX Omega Ratio Rank: 2424
Omega Ratio Rank
SENAX Calmar Ratio Rank: 3131
Calmar Ratio Rank
SENAX Martin Ratio Rank: 2828
Martin Ratio Rank

SADIX
SADIX Risk / Return Rank: 9999
Overall Rank
SADIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SADIX Sortino Ratio Rank: 9999
Sortino Ratio Rank
SADIX Omega Ratio Rank: 9999
Omega Ratio Rank
SADIX Calmar Ratio Rank: 9999
Calmar Ratio Rank
SADIX Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SENAX vs. SADIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Discovery Mid Cap Growth Fund (SENAX) and Allspring Ultra Short-Term Income Fund (SADIX). 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.


SENAXSADIXDifference

Sharpe ratio

Return per unit of total volatility

0.58

3.13

-2.55

Sortino ratio

Return per unit of downside risk

1.00

8.89

-7.89

Omega ratio

Gain probability vs. loss probability

1.13

3.09

-1.96

Calmar ratio

Return relative to maximum drawdown

0.87

8.36

-7.49

Martin ratio

Return relative to average drawdown

3.02

39.57

-36.55

SENAX vs. SADIX - Sharpe Ratio Comparison

The current SENAX Sharpe Ratio is 0.58, which is lower than the SADIX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of SENAX and SADIX, 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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Sharpe Ratios by Period


SENAXSADIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.58

3.13

-2.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.03

2.61

-2.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

2.18

-1.77

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

1.80

-1.52

Correlation

The correlation between SENAX and SADIX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

SENAX vs. SADIX - Dividend Comparison

SENAX's dividend yield for the trailing twelve months is around 13.27%, more than SADIX's 4.02% yield.


TTM20252024202320222021202020192018201720162015
SENAX
Allspring Discovery Mid Cap Growth Fund
13.27%12.06%10.88%2.46%0.00%17.81%9.16%6.59%15.14%11.23%4.58%8.37%
SADIX
Allspring Ultra Short-Term Income Fund
4.02%4.45%4.39%2.99%1.44%0.80%1.85%2.44%2.03%1.49%1.36%1.11%

Drawdowns

SENAX vs. SADIX - Drawdown Comparison

The maximum SENAX drawdown since its inception was -58.34%, which is greater than SADIX's maximum drawdown of -7.34%. Use the drawdown chart below to compare losses from any high point for SENAX and SADIX.


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Drawdown Indicators


SENAXSADIXDifference

Max Drawdown

Largest peak-to-trough decline

-58.34%

-7.34%

-51.00%

Max Drawdown (1Y)

Largest decline over 1 year

-13.59%

-0.45%

-13.14%

Max Drawdown (5Y)

Largest decline over 5 years

-55.14%

-2.16%

-52.98%

Max Drawdown (10Y)

Largest decline over 10 years

-55.14%

-4.67%

-50.47%

Current Drawdown

Current decline from peak

-26.63%

-0.34%

-26.29%

Average Drawdown

Average peak-to-trough decline

-17.72%

-0.38%

-17.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.89%

0.12%

+3.77%

Volatility

SENAX vs. SADIX - Volatility Comparison

Allspring Discovery Mid Cap Growth Fund (SENAX) has a higher volatility of 7.31% compared to Allspring Ultra Short-Term Income Fund (SADIX) at 0.25%. This indicates that SENAX's price experiences larger fluctuations and is considered to be riskier than SADIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SENAXSADIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.31%

0.25%

+7.06%

Volatility (6M)

Calculated over the trailing 6-month period

14.32%

1.00%

+13.32%

Volatility (1Y)

Calculated over the trailing 1-year period

24.77%

1.39%

+23.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.82%

1.37%

+27.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.70%

1.32%

+24.38%