WFCMX vs. VFAIX
WFCMX (Allspring Managed Account CoreBuilder Shares - Series M) and VFAIX (Vanguard Financials Index Fund Admiral Shares) are both mutual funds - WFCMX is a Municipal Bonds fund managed by BlackRock, while VFAIX is a Financials Equities fund tracking the MSCI US Investable Market Financials 25/50 Index. Over the past 10 years, WFCMX returned 2.71%/yr vs 13.53%/yr for VFAIX. At a correlation of -0.14, they often move in opposite directions. WFCMX charges 0.00%/yr vs 0.09%/yr for VFAIX.
Performance
WFCMX vs. VFAIX - Performance Comparison
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Returns By Period
In the year-to-date period, WFCMX achieves a 2.26% return, which is significantly higher than VFAIX's -0.70% return. Over the past 10 years, WFCMX has underperformed VFAIX with an annualized return of 2.71%, while VFAIX has yielded a comparatively higher 13.53% annualized return.
WFCMX
- 1D
- -0.09%
- 1M
- 1.42%
- YTD
- 2.26%
- 6M
- 2.70%
- 1Y
- 7.39%
- 3Y*
- 4.44%
- 5Y*
- 1.53%
- 10Y*
- 2.71%
VFAIX
- 1D
- 0.52%
- 1M
- 3.73%
- YTD
- -0.70%
- 6M
- -2.07%
- 1Y
- 8.46%
- 3Y*
- 20.82%
- 5Y*
- 10.43%
- 10Y*
- 13.53%
WFCMX vs. VFAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WFCMX Allspring Managed Account CoreBuilder Shares - Series M | 2.26% | 4.16% | 3.50% | 6.05% | -8.63% | 2.47% | 4.20% | 8.74% | 2.62% | 7.03% |
VFAIX Vanguard Financials Index Fund Admiral Shares | -0.70% | 14.90% | 30.46% | 14.07% | -12.26% | 36.27% | -2.15% | 31.63% | -13.47% | 20.05% |
Correlation
The correlation between WFCMX and VFAIX is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2008 | -0.14 |
The correlation between WFCMX and VFAIX shifts across timeframes, from -0.14 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
WFCMX vs. VFAIX — Risk / Return Rank
WFCMX
VFAIX
WFCMX vs. VFAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Managed Account CoreBuilder Shares - Series M (WFCMX) and Vanguard Financials Index Fund Admiral Shares (VFAIX). 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.
| WFCMX | VFAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +3.93 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.12 | +0.68 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 0.67 | +2.39 |
| Martin ratioReturn relative to average drawdown | 11.68 | 1.74 | +9.94 |
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Drawdowns
WFCMX vs. VFAIX - Drawdown Comparison
The maximum WFCMX drawdown since its inception was -13.42%, smaller than the maximum VFAIX drawdown of -78.64%. Use the drawdown chart below to compare losses from any high point for WFCMX and VFAIX.
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Drawdown Indicators
| WFCMX | VFAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.42% | -78.64% | +65.22% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | -14.72% | +12.26% |
Max Drawdown (3Y)Largest decline over 3 years | -5.44% | -17.31% | +11.87% |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | -25.71% | +12.29% |
Max Drawdown (10Y)Largest decline over 10 years | -13.42% | -44.37% | +30.95% |
Current DrawdownCurrent decline from peak | -0.09% | -3.73% | +3.64% |
Average DrawdownAverage peak-to-trough decline | -1.97% | -18.57% | +16.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 5.66% | -5.02% |
Volatility
WFCMX vs. VFAIX - Volatility Comparison
The current volatility for Allspring Managed Account CoreBuilder Shares - Series M (WFCMX) is 0.70%, while Vanguard Financials Index Fund Admiral Shares (VFAIX) has a volatility of 4.21%. This indicates that WFCMX experiences smaller price fluctuations and is considered to be less risky than VFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WFCMX | VFAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 4.21% | -3.51% |
Volatility (6M)Calculated over the trailing 6-month period | 1.91% | 11.38% | -9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.51% | 14.96% | -12.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.81% | 19.29% | -15.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.83% | 22.62% | -18.79% |
WFCMX vs. VFAIX - Expense Ratio Comparison
WFCMX has a 0.00% expense ratio, which is lower than VFAIX's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WFCMX vs. VFAIX - Dividend Comparison
WFCMX's dividend yield for the trailing twelve months is around 4.01%, more than VFAIX's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFAIX Vanguard Financials Index Fund Admiral Shares | 1.47% | 1.56% | 1.75% | 2.08% | 2.31% | 2.62% | 2.21% | 2.17% | 2.30% | 1.54% | 1.64% | 2.00% |
WFCMX Allspring Managed Account CoreBuilder Shares - Series M | 4.01% | 4.01% | 3.98% | 3.11% | 3.29% | 2.85% | 3.17% | 3.61% | 3.58% | 3.33% | 3.20% | 3.40% |
Frequently Asked Questions
WFCMX and VFAIX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VFAIX has higher volatility (4.21%) compared to WFCMX (0.70%). In terms of maximum drawdown, WFCMX dropped -13.42% vs VFAIX's -78.64%.
WFCMX currently has the higher Sharpe Ratio (2.99 vs 0.66), 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.
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