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STYAX vs. TGLMX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

STYAX vs. TGLMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Core Plus Bond Fund (STYAX) and TCW Total Return Bond Fund (TGLMX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, STYAX achieves a -0.50% return, which is significantly lower than TGLMX's 0.59% return. Over the past 10 years, STYAX has outperformed TGLMX with an annualized return of 2.18%, while TGLMX has yielded a comparatively lower 1.31% annualized return.


STYAX

1D
0.00%
1M
-1.12%
6M
-0.90%
YTD
-0.50%
1Y
1.99%
3Y*
4.04%
5Y*
-0.33%
10Y*
2.18%
ALL TIME*
3.92%

TGLMX

1D
0.00%
1M
-0.91%
6M
0.04%
YTD
0.59%
1Y
3.77%
3Y*
4.75%
5Y*
-0.60%
10Y*
1.31%
ALL TIME*
3.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

STYAX vs. TGLMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
STYAX
Allspring Core Plus Bond Fund
-0.50%7.03%2.05%6.45%-14.29%-0.16%11.30%9.11%-0.52%5.33%
TGLMX
TCW Total Return Bond Fund
0.59%8.99%1.82%5.05%-16.59%-1.05%8.32%7.28%0.80%3.44%

Correlation

The correlation between STYAX and TGLMX is 0.93, meaning they have usually moved in the same direction, including during past declines.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.93

Correlation (3Y)
Balances recent behavior with more history.

0.96

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.96

Correlation (10Y)
Provides a long-term view across more market conditions.

0.90

Correlation (All Time)
Calculated using the full available price history since Jan 4, 1999

0.79

The correlation between STYAX and TGLMX shifts across timeframes, from 0.79 (all time) to 0.96 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

STYAX vs. TGLMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STYAX
STYAX Risk / Return Rank: 2020
Overall Rank
STYAX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
STYAX Sortino Ratio Rank: 2020
Sortino Ratio Rank
STYAX Omega Ratio Rank: 1919
Omega Ratio Rank
STYAX Calmar Ratio Rank: 2020
Calmar Ratio Rank
STYAX Martin Ratio Rank: 1717
Martin Ratio Rank

TGLMX
TGLMX Risk / Return Rank: 4040
Overall Rank
TGLMX Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
TGLMX Sortino Ratio Rank: 4040
Sortino Ratio Rank
TGLMX Omega Ratio Rank: 3838
Omega Ratio Rank
TGLMX Calmar Ratio Rank: 4949
Calmar Ratio Rank
TGLMX Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STYAX vs. TGLMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Core Plus Bond Fund (STYAX) and TCW Total Return Bond Fund (TGLMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


STYAXTGLMXDifference
Sharpe ratioReturn per unit of total volatility

-0.39

Sortino ratioReturn per unit of downside risk

-0.60

Omega ratioGain probability vs. loss probability

1.14

1.21

-0.08

Calmar ratioReturn relative to maximum drawdown

1.00

1.84

-0.85

Martin ratioReturn relative to average drawdown

2.47

4.83

-2.36

STYAX vs. TGLMX - Sharpe Ratio Comparison

The current STYAX Sharpe Ratio is 0.78, which is lower than the TGLMX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of STYAX and TGLMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

STYAX vs. TGLMX - Drawdown Comparison

The maximum STYAX drawdown since its inception was -18.83%, smaller than the maximum TGLMX drawdown of -22.26%. Use the drawdown chart below to compare losses from any high point for STYAX and TGLMX.


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Drawdown Indicators


STYAXTGLMXDifference

Max Drawdown

Largest peak-to-trough decline

-18.83%

-22.26%

+3.43%

Max Drawdown (1Y)

Largest decline over 1 year

-2.83%

-2.63%

-0.20%

Max Drawdown (3Y)

Largest decline over 3 years

-5.12%

-7.20%

+2.08%

Max Drawdown (5Y)

Largest decline over 5 years

-18.83%

-22.17%

+3.34%

Max Drawdown (10Y)

Largest decline over 10 years

-18.83%

-22.26%

+3.43%

Current Drawdown

Current decline from peak

-2.28%

-3.36%

+1.08%

Average Drawdown

Average peak-to-trough decline

-2.39%

-3.79%

+1.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.14%

1.00%

+0.14%

Volatility

STYAX vs. TGLMX - Volatility Comparison

The current volatility for Allspring Core Plus Bond Fund (STYAX) is 0.97%, while TCW Total Return Bond Fund (TGLMX) has a volatility of 1.03%. This indicates that STYAX experiences smaller price fluctuations and is considered to be less risky than TGLMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


STYAXTGLMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.97%

1.03%

-0.06%

Volatility (6M)

Calculated over the trailing 6-month period

2.90%

3.22%

-0.32%

Volatility (1Y)

Calculated over the trailing 1-year period

3.64%

4.16%

-0.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.68%

7.06%

-1.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.71%

5.60%

-0.89%

STYAX vs. TGLMX - Expense Ratio Comparison

STYAX has a 0.69% expense ratio, which is higher than TGLMX's 0.49% expense ratio.


Dividends

STYAX vs. TGLMX - Dividend Comparison

STYAX's dividend yield for the trailing twelve months is around 4.60%, less than TGLMX's 6.07% yield.


PositionTTM20252024202320222021202020192018201720162015
STYAX
Allspring Core Plus Bond Fund
4.60%4.52%4.58%3.94%2.48%2.39%5.18%3.67%2.70%2.61%2.81%2.23%
TGLMX
TCW Total Return Bond Fund
6.07%7.19%6.52%6.13%3.27%2.08%3.37%4.07%3.55%2.89%4.13%2.88%

Frequently Asked Questions


With a correlation of 0.93, STYAX and TGLMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

TGLMX has higher volatility (1.03%) compared to STYAX (0.97%). In terms of maximum drawdown, STYAX dropped -18.83% vs TGLMX's -22.26%.

TGLMX currently has the higher Sharpe Ratio (1.16 vs 0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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