WFIOX vs. EAAFX
Compare and contrast key facts about Allspring Index Fund (WFIOX) and Allspring Asset Allocation Fund (EAAFX).
WFIOX is managed by Allspring Global Investments. It was launched on Feb 14, 1985. EAAFX is managed by Allspring Global Investments. It was launched on Jul 28, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFIOX or EAAFX.
Correlation
The correlation between WFIOX and EAAFX is 0.86, 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
WFIOX vs. EAAFX - Performance Comparison
Key characteristics
WFIOX:
0.95
EAAFX:
0.60
WFIOX:
1.25
EAAFX:
0.82
WFIOX:
1.20
EAAFX:
1.12
WFIOX:
0.51
EAAFX:
0.35
WFIOX:
3.61
EAAFX:
1.82
WFIOX:
3.90%
EAAFX:
3.49%
WFIOX:
14.78%
EAAFX:
10.64%
WFIOX:
-56.37%
EAAFX:
-39.37%
WFIOX:
-17.43%
EAAFX:
-12.51%
Returns By Period
The year-to-date returns for both investments are quite close, with WFIOX having a 2.39% return and EAAFX slightly higher at 2.48%. Over the past 10 years, WFIOX has underperformed EAAFX with an annualized return of -0.52%, while EAAFX has yielded a comparatively higher 1.92% annualized return.
WFIOX
2.39%
-1.10%
0.18%
11.58%
4.88%
-0.52%
EAAFX
2.48%
0.14%
-3.26%
5.23%
1.88%
1.92%
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WFIOX vs. EAAFX - Expense Ratio Comparison
WFIOX has a 0.25% expense ratio, which is lower than EAAFX's 1.04% expense ratio.
Risk-Adjusted Performance
WFIOX vs. EAAFX — Risk-Adjusted Performance Rank
WFIOX
EAAFX
WFIOX vs. EAAFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Index Fund (WFIOX) and Allspring Asset Allocation Fund (EAAFX). 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
WFIOX vs. EAAFX - Dividend Comparison
WFIOX's dividend yield for the trailing twelve months is around 1.12%, less than EAAFX's 2.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFIOX Allspring Index Fund | 1.12% | 1.15% | 1.33% | 1.53% | 1.04% | 1.42% | 1.67% | 2.13% | 1.81% | 2.04% | 2.03% | 1.77% |
EAAFX Allspring Asset Allocation Fund | 2.73% | 2.80% | 0.00% | 3.44% | 1.20% | 2.64% | 0.40% | 0.51% | 1.71% | 1.58% | 3.01% | 2.89% |
Drawdowns
WFIOX vs. EAAFX - Drawdown Comparison
The maximum WFIOX drawdown since its inception was -56.37%, which is greater than EAAFX's maximum drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for WFIOX and EAAFX. For additional features, visit the drawdowns tool.
Volatility
WFIOX vs. EAAFX - Volatility Comparison
Allspring Index Fund (WFIOX) has a higher volatility of 3.44% compared to Allspring Asset Allocation Fund (EAAFX) at 2.16%. This indicates that WFIOX's price experiences larger fluctuations and is considered to be riskier than EAAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.