STYAX vs. SSHIX
Compare and contrast key facts about Allspring Core Plus Bond Fund (STYAX) and Allspring Short-Term Bond Plus Fund (SSHIX).
STYAX is managed by Allspring Global Investments. It was launched on Jul 13, 1998. SSHIX is managed by Allspring Global Investments. It was launched on Aug 31, 1999.
Performance
STYAX vs. SSHIX - Performance Comparison
Loading graphics...
STYAX vs. SSHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STYAX Allspring Core Plus Bond Fund | -0.49% | 7.03% | 2.05% | 6.45% | -14.29% | -0.16% | 11.30% | 9.11% | -0.52% | 5.33% |
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% |
Returns By Period
In the year-to-date period, STYAX achieves a -0.49% return, which is significantly lower than SSHIX's 0.10% return. Both investments have delivered pretty close results over the past 10 years, with STYAX having a 2.56% annualized return and SSHIX not far ahead at 2.68%.
STYAX
- 1D
- 0.54%
- 1M
- -2.27%
- YTD
- -0.49%
- 6M
- 0.43%
- 1Y
- 3.96%
- 3Y*
- 3.86%
- 5Y*
- 0.31%
- 10Y*
- 2.56%
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
STYAX vs. SSHIX - Expense Ratio Comparison
STYAX has a 0.69% expense ratio, which is higher than SSHIX's 0.47% expense ratio.
Return for Risk
STYAX vs. SSHIX — Risk / Return Rank
STYAX
SSHIX
STYAX vs. SSHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Core Plus Bond Fund (STYAX) and Allspring Short-Term Bond Plus Fund (SSHIX). 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.
| STYAX | SSHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 3.15 | -2.16 |
Sortino ratioReturn per unit of downside risk | 1.42 | 4.93 | -3.52 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.90 | -0.72 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 4.39 | -2.74 |
Martin ratioReturn relative to average drawdown | 5.07 | 19.31 | -14.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| STYAX | SSHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 3.15 | -2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 1.18 | -1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 1.45 | -0.90 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.00 | 1.56 | -0.55 |
Correlation
The correlation between STYAX and SSHIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
STYAX vs. SSHIX - Dividend Comparison
STYAX's dividend yield for the trailing twelve months is around 4.55%, which matches SSHIX's 4.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STYAX Allspring Core Plus Bond Fund | 4.55% | 4.52% | 4.58% | 3.94% | 2.48% | 2.39% | 5.18% | 3.67% | 2.70% | 2.61% | 2.81% | 2.23% |
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% |
Drawdowns
STYAX vs. SSHIX - Drawdown Comparison
The maximum STYAX drawdown since its inception was -18.83%, which is greater than SSHIX's maximum drawdown of -7.13%. Use the drawdown chart below to compare losses from any high point for STYAX and SSHIX.
Loading graphics...
Drawdown Indicators
| STYAX | SSHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.83% | -7.13% | -11.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -1.03% | -1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -18.83% | -7.13% | -11.70% |
Max Drawdown (10Y)Largest decline over 10 years | -18.83% | -7.13% | -11.70% |
Current DrawdownCurrent decline from peak | -2.27% | -0.80% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -2.40% | -0.62% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.91% | 0.23% | +0.68% |
Volatility
STYAX vs. SSHIX - Volatility Comparison
Allspring Core Plus Bond Fund (STYAX) has a higher volatility of 1.56% compared to Allspring Short-Term Bond Plus Fund (SSHIX) at 0.55%. This indicates that STYAX's price experiences larger fluctuations and is considered to be riskier than SSHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| STYAX | SSHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 0.55% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.38% | 0.85% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 1.41% | +2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.63% | 2.05% | +3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.67% | 1.85% | +2.82% |