Correlation
The correlation between SGRNX and VOOG is 0.89, 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.
SGRNX vs. VOOG
Compare and contrast key facts about Allspring Growth Fund (SGRNX) and Vanguard S&P 500 Growth ETF (VOOG).
SGRNX is managed by Allspring Global Investments. It was launched on Feb 24, 2000. VOOG is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Growth 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: SGRNX or VOOG.
Performance
SGRNX vs. VOOG - Performance Comparison
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Key characteristics
SGRNX:
0.55
VOOG:
0.81
SGRNX:
0.79
VOOG:
1.14
SGRNX:
1.11
VOOG:
1.16
SGRNX:
0.46
VOOG:
0.81
SGRNX:
1.46
VOOG:
2.71
SGRNX:
8.12%
VOOG:
6.66%
SGRNX:
26.72%
VOOG:
25.20%
SGRNX:
-52.44%
VOOG:
-32.73%
SGRNX:
-4.97%
VOOG:
-2.88%
Returns By Period
The year-to-date returns for both stocks are quite close, with SGRNX having a 2.23% return and VOOG slightly lower at 2.14%. Over the past 10 years, SGRNX has underperformed VOOG with an annualized return of 12.46%, while VOOG has yielded a comparatively higher 14.84% annualized return.
SGRNX
2.23%
9.39%
-1.12%
14.99%
16.41%
10.52%
12.46%
VOOG
2.14%
8.20%
2.92%
20.09%
17.26%
16.67%
14.84%
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SGRNX vs. VOOG - Expense Ratio Comparison
SGRNX has a 0.75% expense ratio, which is higher than VOOG's 0.10% expense ratio.
Risk-Adjusted Performance
SGRNX vs. VOOG — Risk-Adjusted Performance Rank
SGRNX
VOOG
SGRNX vs. VOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Growth Fund (SGRNX) and Vanguard S&P 500 Growth ETF (VOOG). 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.
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Dividends
SGRNX vs. VOOG - Dividend Comparison
SGRNX's dividend yield for the trailing twelve months is around 21.25%, more than VOOG's 0.55% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SGRNX Allspring Growth Fund | 21.25% | 21.72% | 7.14% | 4.93% | 16.48% | 10.02% | 9.81% | 19.24% | 27.01% | 18.95% | 13.11% | 14.27% |
VOOG Vanguard S&P 500 Growth ETF | 0.55% | 0.49% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% | 1.28% |
Drawdowns
SGRNX vs. VOOG - Drawdown Comparison
The maximum SGRNX drawdown since its inception was -52.44%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for SGRNX and VOOG.
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Volatility
SGRNX vs. VOOG - Volatility Comparison
Allspring Growth Fund (SGRNX) and Vanguard S&P 500 Growth ETF (VOOG) have volatilities of 5.57% and 5.54%, 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.
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