SOPVX vs. VOO
SOPVX (Allspring Opportunity Fund) and VOO (Vanguard S&P 500 ETF) are both funds - SOPVX is a Large Cap Growth Equities fund managed by Allspring Global Investments, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, SOPVX returned 12.84%/yr vs 15.77%/yr for VOO. Their correlation of 0.94 suggests significant overlap in exposure. SOPVX charges 1.18%/yr vs 0.03%/yr for VOO.
Performance
SOPVX vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, SOPVX achieves a 8.54% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, SOPVX has underperformed VOO with an annualized return of 12.84%, while VOO has yielded a comparatively higher 15.77% annualized return.
SOPVX
- 1D
- 1.48%
- 1M
- 1.25%
- YTD
- 8.54%
- 6M
- 7.82%
- 1Y
- 17.93%
- 3Y*
- 13.57%
- 5Y*
- 8.14%
- 10Y*
- 12.84%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
SOPVX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOPVX Allspring Opportunity Fund | 8.54% | 6.57% | 14.82% | 26.38% | -20.91% | 24.35% | 20.88% | 39.41% | -7.34% | 19.97% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between SOPVX and VOO is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.94 |
The correlation between SOPVX and VOO has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
SOPVX vs. VOO — Risk / Return Rank
SOPVX
VOO
SOPVX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Opportunity Fund (SOPVX) 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.
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.
| SOPVX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.39 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 3.02 | -1.54 |
| Martin ratioReturn relative to average drawdown | 5.94 | 13.58 | -7.64 |
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Drawdowns
SOPVX vs. VOO - Drawdown Comparison
The maximum SOPVX drawdown since its inception was -56.27%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SOPVX and VOO.
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Drawdown Indicators
| SOPVX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.27% | -33.99% | -22.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -8.90% | -3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -22.17% | -18.69% | -3.48% |
Max Drawdown (5Y)Largest decline over 5 years | -34.60% | -24.52% | -10.08% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -33.99% | -1.52% |
Current DrawdownCurrent decline from peak | -1.22% | -1.74% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -9.74% | -3.68% | -6.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 1.98% | +1.03% |
Volatility
SOPVX vs. VOO - Volatility Comparison
Allspring Opportunity Fund (SOPVX) has a higher volatility of 5.62% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that SOPVX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOPVX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.62% | 4.60% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 11.47% | 9.73% | +1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.23% | 12.39% | +1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.01% | 16.90% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.96% | 18.05% | +1.91% |
SOPVX vs. VOO - Expense Ratio Comparison
SOPVX has a 1.18% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
SOPVX vs. VOO - Dividend Comparison
SOPVX's dividend yield for the trailing twelve months is around 8.35%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOPVX Allspring Opportunity Fund | 8.35% | 9.06% | 9.58% | 3.97% | 10.91% | 11.95% | 6.21% | 11.59% | 12.95% | 13.80% | 6.55% | 16.39% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
With a correlation of 0.93, SOPVX and VOO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SOPVX has higher volatility (5.62%) compared to VOO (4.60%). In terms of maximum drawdown, SOPVX dropped -56.27% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (2.17 vs 1.26), 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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