WDTNX vs. SPY
Compare and contrast key facts about Allspring Dynamic Target 2030 Fund (WDTNX) and SPDR S&P 500 ETF (SPY).
WDTNX is managed by Allspring Global Investments. It was launched on Nov 29, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WDTNX or SPY.
Correlation
The correlation between WDTNX and SPY is 0.87, 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
WDTNX vs. SPY - Performance Comparison
Key characteristics
Returns By Period
WDTNX
N/A
N/A
N/A
N/A
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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WDTNX vs. SPY - Expense Ratio Comparison
WDTNX has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
WDTNX vs. SPY — Risk-Adjusted Performance Rank
WDTNX
SPY
WDTNX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Dynamic Target 2030 Fund (WDTNX) and SPDR S&P 500 ETF (SPY). 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
WDTNX vs. SPY - Dividend Comparison
WDTNX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WDTNX Allspring Dynamic Target 2030 Fund | 0.00% | 121.92% | 2.10% | 1.59% | 11.05% | 1.75% | 1.67% | 20.05% | 4.35% | 3.00% | 0.56% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
WDTNX vs. SPY - Drawdown Comparison
Volatility
WDTNX vs. SPY - Volatility Comparison
The current volatility for Allspring Dynamic Target 2030 Fund (WDTNX) is 0.00%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that WDTNX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.