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SSHIX vs. EVSAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SSHIX vs. EVSAX - Performance Comparison

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

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SSHIX vs. EVSAX - 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%
EVSAX
Allspring Disciplined U.S. Core Fund
-6.75%18.65%29.20%25.97%-18.21%30.35%15.95%31.87%-8.43%20.47%

Returns By Period

In the year-to-date period, SSHIX achieves a 0.10% return, which is significantly higher than EVSAX's -6.75% return. Over the past 10 years, SSHIX has underperformed EVSAX with an annualized return of 2.68%, while EVSAX has yielded a comparatively higher 13.47% 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%

EVSAX

1D
-0.45%
1M
-7.07%
YTD
-6.75%
6M
-4.32%
1Y
16.66%
3Y*
18.72%
5Y*
12.23%
10Y*
13.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SSHIX vs. EVSAX - Expense Ratio Comparison

SSHIX has a 0.47% expense ratio, which is lower than EVSAX's 0.86% expense ratio.


Return for Risk

SSHIX vs. EVSAX — 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

EVSAX
EVSAX Risk / Return Rank: 5656
Overall Rank
EVSAX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
EVSAX Sortino Ratio Rank: 5555
Sortino Ratio Rank
EVSAX Omega Ratio Rank: 5656
Omega Ratio Rank
EVSAX Calmar Ratio Rank: 5353
Calmar Ratio Rank
EVSAX Martin Ratio Rank: 6565
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. EVSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Short-Term Bond Plus Fund (SSHIX) and Allspring Disciplined U.S. Core Fund (EVSAX). 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.


SSHIXEVSAXDifference

Sharpe ratio

Return per unit of total volatility

3.15

0.96

+2.19

Sortino ratio

Return per unit of downside risk

4.93

1.46

+3.47

Omega ratio

Gain probability vs. loss probability

1.90

1.22

+0.68

Calmar ratio

Return relative to maximum drawdown

4.39

1.28

+3.11

Martin ratio

Return relative to average drawdown

19.31

6.18

+13.13

SSHIX vs. EVSAX - Sharpe Ratio Comparison

The current SSHIX Sharpe Ratio is 3.15, which is higher than the EVSAX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of SSHIX and EVSAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SSHIXEVSAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.15

0.96

+2.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.18

0.70

+0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.45

0.74

+0.71

Sharpe Ratio (All Time)

Calculated using the full available price history

1.56

0.47

+1.09

Correlation

The correlation between SSHIX and EVSAX is -0.10. 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. EVSAX - Dividend Comparison

SSHIX's dividend yield for the trailing twelve months is around 4.58%, less than EVSAX's 5.94% 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%
EVSAX
Allspring Disciplined U.S. Core Fund
5.94%5.54%6.61%9.22%14.46%8.22%9.22%6.68%7.11%4.31%2.43%11.99%

Drawdowns

SSHIX vs. EVSAX - Drawdown Comparison

The maximum SSHIX drawdown since its inception was -7.13%, smaller than the maximum EVSAX drawdown of -53.73%. Use the drawdown chart below to compare losses from any high point for SSHIX and EVSAX.


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Drawdown Indicators


SSHIXEVSAXDifference

Max Drawdown

Largest peak-to-trough decline

-7.13%

-53.73%

+46.60%

Max Drawdown (1Y)

Largest decline over 1 year

-1.03%

-11.69%

+10.66%

Max Drawdown (5Y)

Largest decline over 5 years

-7.13%

-27.72%

+20.59%

Max Drawdown (10Y)

Largest decline over 10 years

-7.13%

-33.03%

+25.90%

Current Drawdown

Current decline from peak

-0.80%

-8.65%

+7.85%

Average Drawdown

Average peak-to-trough decline

-0.62%

-9.78%

+9.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.23%

2.42%

-2.19%

Volatility

SSHIX vs. EVSAX - Volatility Comparison

The current volatility for Allspring Short-Term Bond Plus Fund (SSHIX) is 0.55%, while Allspring Disciplined U.S. Core Fund (EVSAX) has a volatility of 4.18%. This indicates that SSHIX experiences smaller price fluctuations and is considered to be less risky than EVSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SSHIXEVSAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.55%

4.18%

-3.63%

Volatility (6M)

Calculated over the trailing 6-month period

0.85%

9.37%

-8.52%

Volatility (1Y)

Calculated over the trailing 1-year period

1.41%

18.15%

-16.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.05%

17.54%

-15.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.85%

18.35%

-16.50%