SFAAX vs. VBINX
Compare and contrast key facts about Allspring Index Asset Allocation Fund (SFAAX) and Vanguard Balanced Index Fund (VBINX).
SFAAX is managed by Allspring Global Investments. It was launched on Nov 12, 1986. VBINX is managed by Vanguard. It was launched on Nov 9, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SFAAX or VBINX.
Correlation
The correlation between SFAAX and VBINX is 0.96, 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.
Performance
SFAAX vs. VBINX - Performance Comparison
Key characteristics
SFAAX:
0.18
VBINX:
1.23
SFAAX:
0.28
VBINX:
1.65
SFAAX:
1.06
VBINX:
1.23
SFAAX:
0.16
VBINX:
1.67
SFAAX:
0.46
VBINX:
5.18
SFAAX:
5.44%
VBINX:
2.15%
SFAAX:
14.00%
VBINX:
9.06%
SFAAX:
-50.10%
VBINX:
-35.97%
SFAAX:
-13.10%
VBINX:
-4.03%
Returns By Period
In the year-to-date period, SFAAX achieves a 1.48% return, which is significantly lower than VBINX's 1.86% return. Over the past 10 years, SFAAX has underperformed VBINX with an annualized return of 3.40%, while VBINX has yielded a comparatively higher 6.99% annualized return.
SFAAX
1.48%
-0.28%
-7.47%
1.25%
1.74%
3.40%
VBINX
1.86%
-0.46%
1.26%
9.85%
5.91%
6.99%
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SFAAX vs. VBINX - Expense Ratio Comparison
SFAAX has a 1.08% expense ratio, which is higher than VBINX's 0.18% expense ratio.
Risk-Adjusted Performance
SFAAX vs. VBINX — Risk-Adjusted Performance Rank
SFAAX
VBINX
SFAAX vs. VBINX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Index Asset Allocation Fund (SFAAX) and Vanguard Balanced Index Fund (VBINX). 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.
Dividends
SFAAX vs. VBINX - Dividend Comparison
SFAAX's dividend yield for the trailing twelve months is around 1.07%, less than VBINX's 1.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SFAAX Allspring Index Asset Allocation Fund | 1.07% | 1.09% | 0.98% | 0.72% | 0.34% | 0.82% | 1.06% | 0.77% | 0.69% | 0.75% | 0.76% | 1.28% |
VBINX Vanguard Balanced Index Fund | 1.99% | 2.02% | 1.93% | 1.80% | 1.27% | 1.55% | 2.02% | 2.19% | 1.83% | 1.97% | 1.95% | 1.79% |
Drawdowns
SFAAX vs. VBINX - Drawdown Comparison
The maximum SFAAX drawdown since its inception was -50.10%, which is greater than VBINX's maximum drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for SFAAX and VBINX. For additional features, visit the drawdowns tool.
Volatility
SFAAX vs. VBINX - Volatility Comparison
Allspring Index Asset Allocation Fund (SFAAX) and Vanguard Balanced Index Fund (VBINX) have volatilities of 2.10% and 2.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.