STYAX vs. FEPIX
Compare and contrast key facts about Allspring Core Plus Bond Fund (STYAX) and Fidelity Total Bond Fund (FEPIX).
STYAX is managed by Allspring Global Investments. It was launched on Jul 13, 1998. FEPIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STYAX or FEPIX.
Key characteristics
| STYAX | FEPIX | |
|---|---|---|
| YTD Return | 2.61% | 2.99% |
| 1Y Return | 11.78% | 11.66% |
| 3Y Return (Ann) | -2.04% | -1.37% |
| 5Y Return (Ann) | 0.93% | 0.94% |
| 10Y Return (Ann) | 2.44% | 2.28% |
| Sharpe Ratio | 2.04 | 1.61 |
| Sortino Ratio | 3.05 | 2.41 |
| Omega Ratio | 1.38 | 1.29 |
| Calmar Ratio | 0.70 | 0.67 |
| Martin Ratio | 8.74 | 6.48 |
| Ulcer Index | 1.35% | 1.40% |
| Daily Std Dev | 5.79% | 5.75% |
| Max Drawdown | -18.54% | -17.77% |
| Current Drawdown | -6.99% | -5.15% |
Correlation
The correlation between STYAX and FEPIX is 0.90, 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
STYAX vs. FEPIX - Performance Comparison
In the year-to-date period, STYAX achieves a 2.61% return, which is significantly lower than FEPIX's 2.99% return. Over the past 10 years, STYAX has outperformed FEPIX with an annualized return of 2.44%, while FEPIX has yielded a comparatively lower 2.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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STYAX vs. FEPIX - Expense Ratio Comparison
STYAX has a 0.69% expense ratio, which is higher than FEPIX's 0.50% expense ratio.
Risk-Adjusted Performance
STYAX vs. FEPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Core Plus Bond Fund (STYAX) and Fidelity Total Bond Fund (FEPIX). 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
STYAX vs. FEPIX - Dividend Comparison
STYAX's dividend yield for the trailing twelve months is around 4.49%, more than FEPIX's 3.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STYAX Allspring Core Plus Bond Fund | 4.49% | 3.94% | 2.84% | 2.39% | 5.18% | 3.67% | 2.70% | 2.61% | 3.07% | 2.23% | 2.08% | 2.09% |
FEPIX Fidelity Total Bond Fund | 3.93% | 4.10% | 3.28% | 2.20% | 5.18% | 2.98% | 3.13% | 2.92% | 3.19% | 3.65% | 3.09% | 3.87% |
Drawdowns
STYAX vs. FEPIX - Drawdown Comparison
The maximum STYAX drawdown since its inception was -18.54%, roughly equal to the maximum FEPIX drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for STYAX and FEPIX. For additional features, visit the drawdowns tool.
Volatility
STYAX vs. FEPIX - Volatility Comparison
Allspring Core Plus Bond Fund (STYAX) has a higher volatility of 1.23% compared to Fidelity Total Bond Fund (FEPIX) at 1.16%. This indicates that STYAX's price experiences larger fluctuations and is considered to be riskier than FEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.