SFAAX vs. VOO
Compare and contrast key facts about Allspring Index Asset Allocation Fund (SFAAX) and Vanguard S&P 500 ETF (VOO).
SFAAX is managed by Allspring Global Investments. It was launched on Nov 12, 1986. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SFAAX or VOO.
Correlation
The correlation between SFAAX and VOO is 0.95, 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. VOO - Performance Comparison
Key characteristics
SFAAX:
-0.18
VOO:
0.54
SFAAX:
-0.12
VOO:
0.88
SFAAX:
0.98
VOO:
1.13
SFAAX:
-0.13
VOO:
0.55
SFAAX:
-0.34
VOO:
2.27
SFAAX:
8.49%
VOO:
4.55%
SFAAX:
15.86%
VOO:
19.19%
SFAAX:
-50.10%
VOO:
-33.99%
SFAAX:
-17.26%
VOO:
-9.90%
Returns By Period
In the year-to-date period, SFAAX achieves a -3.37% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, SFAAX has underperformed VOO with an annualized return of 2.88%, while VOO has yielded a comparatively higher 12.07% annualized return.
SFAAX
-3.37%
-1.85%
-13.08%
-2.35%
1.96%
2.88%
VOO
-5.74%
-3.16%
-4.28%
10.88%
16.04%
12.07%
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SFAAX vs. VOO - Expense Ratio Comparison
SFAAX has a 1.08% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SFAAX vs. VOO — Risk-Adjusted Performance Rank
SFAAX
VOO
SFAAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Index Asset Allocation Fund (SFAAX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
SFAAX's dividend yield for the trailing twelve months is around 1.15%, less than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SFAAX Allspring Index Asset Allocation Fund | 1.15% | 1.09% | 0.98% | 0.72% | 0.34% | 0.82% | 1.06% | 0.77% | 0.69% | 0.75% | 0.76% | 1.28% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SFAAX vs. VOO - Drawdown Comparison
The maximum SFAAX drawdown since its inception was -50.10%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SFAAX and VOO. For additional features, visit the drawdowns tool.
Volatility
SFAAX vs. VOO - Volatility Comparison
The current volatility for Allspring Index Asset Allocation Fund (SFAAX) is 7.58%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.96%. This indicates that SFAAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.