WFIOX vs. ESPAX
Compare and contrast key facts about Allspring Index Fund (WFIOX) and Allspring Special Small Cap Value Fund (ESPAX).
WFIOX is managed by Allspring Global Investments. It was launched on Feb 14, 1985. ESPAX is managed by Allspring Global Investments. It was launched on May 7, 1993.
Performance
WFIOX vs. ESPAX - Performance Comparison
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WFIOX vs. ESPAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WFIOX Allspring Index Fund | -7.11% | 17.57% | 24.66% | 26.01% | -18.30% | 28.34% | 17.74% | 31.55% | -4.49% | 21.59% |
ESPAX Allspring Special Small Cap Value Fund | -1.86% | -3.10% | 6.44% | 18.65% | -13.94% | 27.61% | 1.16% | 28.03% | -13.77% | 11.08% |
Returns By Period
In the year-to-date period, WFIOX achieves a -7.11% return, which is significantly lower than ESPAX's -1.86% return. Over the past 10 years, WFIOX has outperformed ESPAX with an annualized return of 13.50%, while ESPAX has yielded a comparatively lower 7.26% annualized return.
WFIOX
- 1D
- -0.40%
- 1M
- -7.69%
- YTD
- -7.11%
- 6M
- -4.72%
- 1Y
- 14.15%
- 3Y*
- 16.88%
- 5Y*
- 11.13%
- 10Y*
- 13.50%
ESPAX
- 1D
- -0.12%
- 1M
- -8.61%
- YTD
- -1.86%
- 6M
- -0.56%
- 1Y
- 1.56%
- 3Y*
- 5.23%
- 5Y*
- 2.01%
- 10Y*
- 7.26%
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WFIOX vs. ESPAX - Expense Ratio Comparison
WFIOX has a 0.25% expense ratio, which is lower than ESPAX's 1.24% expense ratio.
Return for Risk
WFIOX vs. ESPAX — Risk / Return Rank
WFIOX
ESPAX
WFIOX vs. ESPAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Index Fund (WFIOX) and Allspring Special Small Cap Value Fund (ESPAX). 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.
| WFIOX | ESPAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 0.08 | +0.74 |
Sortino ratioReturn per unit of downside risk | 1.28 | 0.28 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.03 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.03 | -0.01 | +1.05 |
Martin ratioReturn relative to average drawdown | 5.01 | -0.04 | +5.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WFIOX | ESPAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.08 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.10 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.34 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.43 | +0.05 |
Correlation
The correlation between WFIOX and ESPAX is 0.76, 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.
Dividends
WFIOX vs. ESPAX - Dividend Comparison
WFIOX's dividend yield for the trailing twelve months is around 7.58%, less than ESPAX's 8.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFIOX Allspring Index Fund | 7.58% | 7.04% | 8.54% | 7.63% | 10.41% | 9.15% | 14.40% | 33.14% | 33.69% | 20.04% | 10.07% | 8.62% |
ESPAX Allspring Special Small Cap Value Fund | 8.41% | 8.26% | 10.10% | 2.07% | 6.24% | 6.34% | 0.39% | 1.68% | 7.90% | 5.33% | 2.25% | 2.33% |
Drawdowns
WFIOX vs. ESPAX - Drawdown Comparison
The maximum WFIOX drawdown since its inception was -54.40%, smaller than the maximum ESPAX drawdown of -61.14%. Use the drawdown chart below to compare losses from any high point for WFIOX and ESPAX.
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Drawdown Indicators
| WFIOX | ESPAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.40% | -61.14% | +6.74% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -13.80% | +1.68% |
Max Drawdown (5Y)Largest decline over 5 years | -24.63% | -26.84% | +2.21% |
Max Drawdown (10Y)Largest decline over 10 years | -33.94% | -43.28% | +9.34% |
Current DrawdownCurrent decline from peak | -8.93% | -12.69% | +3.76% |
Average DrawdownAverage peak-to-trough decline | -9.71% | -9.17% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 5.15% | -2.65% |
Volatility
WFIOX vs. ESPAX - Volatility Comparison
The current volatility for Allspring Index Fund (WFIOX) is 4.24%, while Allspring Special Small Cap Value Fund (ESPAX) has a volatility of 5.65%. This indicates that WFIOX experiences smaller price fluctuations and is considered to be less risky than ESPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WFIOX | ESPAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | 5.65% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.07% | 12.34% | -3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 21.82% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 20.18% | -3.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 21.34% | -3.24% |