SGVIX vs. PEDIX
SGVIX (Allspring Government Securities Fund) and PEDIX (PIMCO Extended Duration Fund) are both Government Bonds funds. Over the past 10 years, SGVIX returned 1.05%/yr vs -2.84%/yr for PEDIX. Their correlation of 0.84 suggests significant overlap in exposure. SGVIX charges 0.48%/yr vs 0.50%/yr for PEDIX.
Performance
SGVIX vs. PEDIX - Performance Comparison
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Returns By Period
In the year-to-date period, SGVIX achieves a 0.15% return, which is significantly lower than PEDIX's 2.06% return. Over the past 10 years, SGVIX has outperformed PEDIX with an annualized return of 1.05%, while PEDIX has yielded a comparatively lower -2.84% annualized return.
SGVIX
- 1D
- 0.21%
- 1M
- 0.82%
- YTD
- 0.15%
- 6M
- 0.53%
- 1Y
- 4.40%
- 3Y*
- 3.40%
- 5Y*
- -0.49%
- 10Y*
- 1.05%
PEDIX
- 1D
- 0.63%
- 1M
- 4.97%
- YTD
- 2.06%
- 6M
- 2.08%
- 1Y
- 7.04%
- 3Y*
- -3.62%
- 5Y*
- -10.27%
- 10Y*
- -2.84%
SGVIX vs. PEDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGVIX Allspring Government Securities Fund | 0.15% | 6.99% | 1.00% | 3.96% | -13.00% | -1.53% | 6.76% | 6.44% | 0.83% | 2.53% |
PEDIX PIMCO Extended Duration Fund | 2.06% | 3.01% | -12.61% | 2.71% | -40.33% | -5.54% | 24.68% | 18.66% | -4.01% | 13.85% |
Correlation
The correlation between SGVIX and PEDIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2006 | 0.84 |
The correlation between SGVIX and PEDIX has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.
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Return for Risk
SGVIX vs. PEDIX — Risk / Return Rank
SGVIX
PEDIX
SGVIX vs. PEDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Government Securities Fund (SGVIX) and PIMCO Extended Duration Fund (PEDIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SGVIX | PEDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.08 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | 0.53 | +0.87 |
| Martin ratioReturn relative to average drawdown | 4.01 | 1.25 | +2.77 |
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Drawdowns
SGVIX vs. PEDIX - Drawdown Comparison
The maximum SGVIX drawdown since its inception was -18.40%, smaller than the maximum PEDIX drawdown of -60.38%. Use the drawdown chart below to compare losses from any high point for SGVIX and PEDIX.
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Drawdown Indicators
| SGVIX | PEDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.40% | -60.38% | +41.98% |
Max Drawdown (1Y)Largest decline over 1 year | -3.16% | -12.59% | +9.43% |
Max Drawdown (3Y)Largest decline over 3 years | -6.49% | -26.92% | +20.43% |
Max Drawdown (5Y)Largest decline over 5 years | -18.06% | -56.15% | +38.09% |
Max Drawdown (10Y)Largest decline over 10 years | -18.40% | -60.38% | +41.98% |
Current DrawdownCurrent decline from peak | -3.90% | -52.06% | +48.16% |
Average DrawdownAverage peak-to-trough decline | -2.48% | -21.27% | +18.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 5.32% | -4.22% |
Volatility
SGVIX vs. PEDIX - Volatility Comparison
The current volatility for Allspring Government Securities Fund (SGVIX) is 1.20%, while PIMCO Extended Duration Fund (PEDIX) has a volatility of 3.58%. This indicates that SGVIX experiences smaller price fluctuations and is considered to be less risky than PEDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGVIX | PEDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 3.58% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 10.62% | -7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 14.88% | -11.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.05% | 22.12% | -16.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.82% | 20.55% | -15.73% |
SGVIX vs. PEDIX - Expense Ratio Comparison
SGVIX has a 0.48% expense ratio, which is lower than PEDIX's 0.50% expense ratio.
Dividends
SGVIX vs. PEDIX - Dividend Comparison
SGVIX's dividend yield for the trailing twelve months is around 3.40%, less than PEDIX's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEDIX PIMCO Extended Duration Fund | 3.69% | 3.41% | 1.86% | 4.59% | 3.02% | 27.69% | 22.31% | 2.35% | 3.91% | 4.00% | 8.05% | 4.96% |
SGVIX Allspring Government Securities Fund | 3.40% | 3.41% | 3.41% | 2.82% | 1.82% | 1.34% | 1.79% | 2.55% | 2.47% | 1.95% | 4.06% | 1.67% |
Frequently Asked Questions
SGVIX and PEDIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEDIX has higher volatility (3.58%) compared to SGVIX (1.20%). In terms of maximum drawdown, SGVIX dropped -18.40% vs PEDIX's -60.38%.
SGVIX currently has the higher Sharpe Ratio (1.16 vs 0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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