WFIOX vs. VIGIX
Compare and contrast key facts about Allspring Index Fund (WFIOX) and Vanguard Growth Index Fund Institutional Shares (VIGIX).
WFIOX is managed by Allspring Global Investments. It was launched on Feb 14, 1985. VIGIX is managed by Vanguard. It was launched on May 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFIOX or VIGIX.
Correlation
The correlation between WFIOX and VIGIX is 0.96, 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. VIGIX - Performance Comparison
Key characteristics
WFIOX:
0.19
VIGIX:
0.62
WFIOX:
0.40
VIGIX:
1.02
WFIOX:
1.06
VIGIX:
1.15
WFIOX:
0.13
VIGIX:
0.68
WFIOX:
0.54
VIGIX:
2.42
WFIOX:
7.36%
VIGIX:
6.50%
WFIOX:
20.71%
VIGIX:
25.27%
WFIOX:
-56.37%
VIGIX:
-57.17%
WFIOX:
-23.52%
VIGIX:
-11.31%
Returns By Period
In the year-to-date period, WFIOX achieves a -5.16% return, which is significantly higher than VIGIX's -7.59% return. Over the past 10 years, WFIOX has underperformed VIGIX with an annualized return of -1.27%, while VIGIX has yielded a comparatively higher 14.37% annualized return.
WFIOX
-5.16%
-0.31%
-10.52%
2.59%
6.13%
-1.27%
VIGIX
-7.59%
2.22%
-4.16%
13.30%
16.74%
14.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WFIOX vs. VIGIX - Expense Ratio Comparison
WFIOX has a 0.25% expense ratio, which is higher than VIGIX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
WFIOX vs. VIGIX — Risk-Adjusted Performance Rank
WFIOX
VIGIX
WFIOX vs. VIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Index Fund (WFIOX) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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. VIGIX - Dividend Comparison
WFIOX's dividend yield for the trailing twelve months is around 1.21%, more than VIGIX's 0.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFIOX Allspring Index Fund | 1.21% | 1.15% | 1.33% | 1.53% | 1.04% | 1.42% | 1.67% | 2.13% | 1.81% | 2.04% | 2.03% | 1.77% |
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.51% | 0.47% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% |
Drawdowns
WFIOX vs. VIGIX - Drawdown Comparison
The maximum WFIOX drawdown since its inception was -56.37%, roughly equal to the maximum VIGIX drawdown of -57.17%. Use the drawdown chart below to compare losses from any high point for WFIOX and VIGIX. For additional features, visit the drawdowns tool.
Volatility
WFIOX vs. VIGIX - Volatility Comparison
The current volatility for Allspring Index Fund (WFIOX) is 14.09%, while Vanguard Growth Index Fund Institutional Shares (VIGIX) has a volatility of 16.89%. This indicates that WFIOX experiences smaller price fluctuations and is considered to be less risky than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.