SENAX vs. SPY
Compare and contrast key facts about Allspring Discovery Mid Cap Growth Fund (SENAX) and State Street SPDR S&P 500 ETF (SPY).
SENAX is managed by Allspring Global Investments. It was launched on Feb 24, 2000. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
SENAX vs. SPY - Performance Comparison
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SENAX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, SENAX achieves a -9.06% return, which is significantly lower than SPY's -4.37% return. Over the past 10 years, SENAX has underperformed SPY with an annualized return of 10.26%, while SPY has yielded a comparatively higher 13.98% 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%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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SENAX vs. SPY - Expense Ratio Comparison
SENAX has a 1.18% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
SENAX vs. SPY — Risk / Return Rank
SENAX
SPY
SENAX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Discovery Mid Cap Growth Fund (SENAX) and State Street SPDR S&P 500 ETF (SPY). 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.
| SENAX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 0.93 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.00 | 1.45 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.22 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.53 | -0.66 |
Martin ratioReturn relative to average drawdown | 3.02 | 7.30 | -4.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SENAX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 0.93 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.69 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.78 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.56 | -0.29 |
Correlation
The correlation between SENAX and SPY 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.
Dividends
SENAX vs. SPY - Dividend Comparison
SENAX's dividend yield for the trailing twelve months is around 13.27%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
SENAX vs. SPY - Drawdown Comparison
The maximum SENAX drawdown since its inception was -58.34%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SENAX and SPY.
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Drawdown Indicators
| SENAX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.34% | -55.19% | -3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -13.59% | -12.05% | -1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -24.50% | -30.64% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -33.72% | -21.42% |
Current DrawdownCurrent decline from peak | -26.63% | -6.24% | -20.39% |
Average DrawdownAverage peak-to-trough decline | -17.72% | -9.09% | -8.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.89% | 2.52% | +1.37% |
Volatility
SENAX vs. SPY - Volatility Comparison
Allspring Discovery Mid Cap Growth Fund (SENAX) has a higher volatility of 7.31% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that SENAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SENAX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 5.31% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 14.32% | 9.47% | +4.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.77% | 19.05% | +5.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.82% | 17.06% | +11.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.70% | 17.92% | +7.78% |