PortfoliosLab logoPortfoliosLab logo
SSHIX vs. EKBAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SSHIX vs. EKBAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Short-Term Bond Plus Fund (SSHIX) and Allspring Diversified Capital Builder Fund (EKBAX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

SSHIX vs. EKBAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SSHIX
Allspring Short-Term Bond Plus Fund
0.10%5.59%5.41%6.19%-4.87%0.16%6.02%4.80%1.41%1.31%
EKBAX
Allspring Diversified Capital Builder Fund
4.55%21.87%21.75%22.23%-13.47%19.61%12.66%32.99%-5.55%14.43%

Returns By Period

In the year-to-date period, SSHIX achieves a 0.10% return, which is significantly lower than EKBAX's 4.55% return. Over the past 10 years, SSHIX has underperformed EKBAX with an annualized return of 2.68%, while EKBAX has yielded a comparatively higher 13.80% annualized return.


SSHIX

1D
0.12%
1M
-0.80%
YTD
0.10%
6M
1.31%
1Y
4.29%
3Y*
5.08%
5Y*
2.41%
10Y*
2.68%

EKBAX

1D
-2.41%
1M
-6.94%
YTD
4.55%
6M
11.28%
1Y
36.95%
3Y*
21.81%
5Y*
13.92%
10Y*
13.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SSHIX vs. EKBAX - Expense Ratio Comparison

SSHIX has a 0.47% expense ratio, which is lower than EKBAX's 1.10% expense ratio.


Return for Risk

SSHIX vs. EKBAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SSHIX
SSHIX Risk / Return Rank: 9898
Overall Rank
SSHIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SSHIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
SSHIX Omega Ratio Rank: 9898
Omega Ratio Rank
SSHIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
SSHIX Martin Ratio Rank: 9898
Martin Ratio Rank

EKBAX
EKBAX Risk / Return Rank: 9090
Overall Rank
EKBAX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
EKBAX Sortino Ratio Rank: 8888
Sortino Ratio Rank
EKBAX Omega Ratio Rank: 8888
Omega Ratio Rank
EKBAX Calmar Ratio Rank: 9191
Calmar Ratio Rank
EKBAX Martin Ratio Rank: 9595
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SSHIX vs. EKBAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Short-Term Bond Plus Fund (SSHIX) and Allspring Diversified Capital Builder Fund (EKBAX). 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.


SSHIXEKBAXDifference

Sharpe ratio

Return per unit of total volatility

3.15

1.80

+1.35

Sortino ratio

Return per unit of downside risk

4.93

2.37

+2.56

Omega ratio

Gain probability vs. loss probability

1.90

1.38

+0.52

Calmar ratio

Return relative to maximum drawdown

4.39

2.64

+1.75

Martin ratio

Return relative to average drawdown

19.31

12.94

+6.37

SSHIX vs. EKBAX - Sharpe Ratio Comparison

The current SSHIX Sharpe Ratio is 3.15, which is higher than the EKBAX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of SSHIX and EKBAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


SSHIXEKBAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.15

1.80

+1.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.18

0.78

+0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.45

0.80

+0.65

Sharpe Ratio (All Time)

Calculated using the full available price history

1.56

0.46

+1.10

Correlation

The correlation between SSHIX and EKBAX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

SSHIX vs. EKBAX - Dividend Comparison

SSHIX's dividend yield for the trailing twelve months is around 4.58%, less than EKBAX's 9.20% yield.


TTM20252024202320222021202020192018201720162015
SSHIX
Allspring Short-Term Bond Plus Fund
4.58%4.27%4.43%3.92%1.92%2.31%3.14%2.61%2.21%1.65%1.58%1.70%
EKBAX
Allspring Diversified Capital Builder Fund
9.20%9.61%5.28%6.16%12.50%6.89%2.03%9.49%7.14%6.20%10.05%11.47%

Drawdowns

SSHIX vs. EKBAX - Drawdown Comparison

The maximum SSHIX drawdown since its inception was -7.13%, smaller than the maximum EKBAX drawdown of -55.64%. Use the drawdown chart below to compare losses from any high point for SSHIX and EKBAX.


Loading graphics...

Drawdown Indicators


SSHIXEKBAXDifference

Max Drawdown

Largest peak-to-trough decline

-7.13%

-55.64%

+48.51%

Max Drawdown (1Y)

Largest decline over 1 year

-1.03%

-13.29%

+12.26%

Max Drawdown (5Y)

Largest decline over 5 years

-7.13%

-24.84%

+17.71%

Max Drawdown (10Y)

Largest decline over 10 years

-7.13%

-32.33%

+25.20%

Current Drawdown

Current decline from peak

-0.80%

-7.32%

+6.52%

Average Drawdown

Average peak-to-trough decline

-0.62%

-8.03%

+7.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.23%

2.71%

-2.48%

Volatility

SSHIX vs. EKBAX - Volatility Comparison

The current volatility for Allspring Short-Term Bond Plus Fund (SSHIX) is 0.55%, while Allspring Diversified Capital Builder Fund (EKBAX) has a volatility of 5.70%. This indicates that SSHIX experiences smaller price fluctuations and is considered to be less risky than EKBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


SSHIXEKBAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.55%

5.70%

-5.15%

Volatility (6M)

Calculated over the trailing 6-month period

0.85%

12.79%

-11.94%

Volatility (1Y)

Calculated over the trailing 1-year period

1.41%

20.75%

-19.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.05%

17.86%

-15.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.85%

17.40%

-15.55%