WFDDX vs. PHPPX
Compare and contrast key facts about Allspring Discovery SMID Cap Growth Fund (WFDDX) and Principal MidCap Growth Fund (PHPPX).
WFDDX is managed by Allspring Global Investments. It was launched on Apr 8, 2005. PHPPX is managed by Principal. It was launched on Dec 6, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFDDX or PHPPX.
Key characteristics
| WFDDX | PHPPX | |
|---|---|---|
| YTD Return | 24.87% | 24.47% |
| 1Y Return | 44.38% | 36.02% |
| 3Y Return (Ann) | -15.53% | -8.78% |
| 5Y Return (Ann) | -2.06% | 6.44% |
| 10Y Return (Ann) | -0.75% | 3.63% |
| Sharpe Ratio | 2.55 | 2.08 |
| Sortino Ratio | 3.48 | 2.86 |
| Omega Ratio | 1.43 | 1.36 |
| Calmar Ratio | 0.75 | 0.82 |
| Martin Ratio | 16.34 | 9.81 |
| Ulcer Index | 2.75% | 3.74% |
| Daily Std Dev | 17.62% | 17.58% |
| Max Drawdown | -64.36% | -54.70% |
| Current Drawdown | -42.38% | -24.39% |
Correlation
The correlation between WFDDX and PHPPX is 0.93, 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
WFDDX vs. PHPPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with WFDDX having a 24.87% return and PHPPX slightly lower at 24.47%. Over the past 10 years, WFDDX has underperformed PHPPX with an annualized return of -0.75%, while PHPPX has yielded a comparatively higher 3.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WFDDX vs. PHPPX - Expense Ratio Comparison
WFDDX has a 1.11% expense ratio, which is higher than PHPPX's 0.92% expense ratio.
Risk-Adjusted Performance
WFDDX vs. PHPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Discovery SMID Cap Growth Fund (WFDDX) and Principal MidCap Growth Fund (PHPPX). 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
WFDDX vs. PHPPX - Dividend Comparison
Neither WFDDX nor PHPPX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
WFDDX Allspring Discovery SMID Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PHPPX Principal MidCap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% |
Drawdowns
WFDDX vs. PHPPX - Drawdown Comparison
The maximum WFDDX drawdown since its inception was -64.36%, which is greater than PHPPX's maximum drawdown of -54.70%. Use the drawdown chart below to compare losses from any high point for WFDDX and PHPPX. For additional features, visit the drawdowns tool.
Volatility
WFDDX vs. PHPPX - Volatility Comparison
Allspring Discovery SMID Cap Growth Fund (WFDDX) has a higher volatility of 5.70% compared to Principal MidCap Growth Fund (PHPPX) at 5.30%. This indicates that WFDDX's price experiences larger fluctuations and is considered to be riskier than PHPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.