SOPVX vs. VOO
Compare and contrast key facts about Allspring Opportunity Fund (SOPVX) and Vanguard S&P 500 ETF (VOO).
SOPVX is managed by Allspring Global Investments. It was launched on Feb 24, 2000. 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: SOPVX or VOO.
Correlation
The correlation between SOPVX and VOO is 0.94, 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
SOPVX vs. VOO - Performance Comparison
Key characteristics
SOPVX:
0.23
VOO:
1.92
SOPVX:
0.37
VOO:
2.58
SOPVX:
1.06
VOO:
1.35
SOPVX:
0.17
VOO:
2.88
SOPVX:
0.65
VOO:
12.03
SOPVX:
5.38%
VOO:
2.02%
SOPVX:
15.66%
VOO:
12.69%
SOPVX:
-64.98%
VOO:
-33.99%
SOPVX:
-16.80%
VOO:
0.00%
Returns By Period
In the year-to-date period, SOPVX achieves a 2.08% return, which is significantly lower than VOO's 4.36% return. Over the past 10 years, SOPVX has underperformed VOO with an annualized return of 0.91%, while VOO has yielded a comparatively higher 13.28% annualized return.
SOPVX
2.08%
0.86%
-2.37%
3.15%
2.42%
0.91%
VOO
4.36%
2.34%
10.20%
24.11%
14.50%
13.28%
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SOPVX vs. VOO - Expense Ratio Comparison
SOPVX has a 1.18% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SOPVX vs. VOO — Risk-Adjusted Performance Rank
SOPVX
VOO
SOPVX vs. VOO - Risk-Adjusted Performance 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.
Dividends
SOPVX vs. VOO - Dividend Comparison
SOPVX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOPVX Allspring Opportunity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.22% | 0.00% | 0.39% | 0.32% | 1.48% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SOPVX vs. VOO - Drawdown Comparison
The maximum SOPVX drawdown since its inception was -64.98%, 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. For additional features, visit the drawdowns tool.
Volatility
SOPVX vs. VOO - Volatility Comparison
Allspring Opportunity Fund (SOPVX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.00% and 3.12%, 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.