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WFMIX vs. WARAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

WFMIX vs. WARAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Special Mid Cap Value Fund Class I (WFMIX) and Allspring Absolute Return Fund (WARAX). The values are adjusted to include any dividend payments, if applicable.

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WFMIX vs. WARAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WFMIX
Allspring Special Mid Cap Value Fund Class I
0.81%6.14%11.95%9.54%-4.65%28.53%3.27%40.27%-13.12%11.16%
WARAX
Allspring Absolute Return Fund
14.79%8.07%5.93%12.53%-2.75%2.25%-3.25%11.65%-5.78%12.11%

Returns By Period

In the year-to-date period, WFMIX achieves a 0.81% return, which is significantly lower than WARAX's 14.79% return. Over the past 10 years, WFMIX has outperformed WARAX with an annualized return of 10.19%, while WARAX has yielded a comparatively lower 5.60% annualized return.


WFMIX

1D
-0.41%
1M
-8.75%
YTD
0.81%
6M
1.39%
1Y
9.15%
3Y*
9.18%
5Y*
7.66%
10Y*
10.19%

WARAX

1D
0.48%
1M
1.12%
YTD
14.79%
6M
17.82%
1Y
21.60%
3Y*
13.03%
5Y*
7.02%
10Y*
5.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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WFMIX vs. WARAX - Expense Ratio Comparison

WFMIX has a 0.80% expense ratio, which is higher than WARAX's 0.70% expense ratio.


Return for Risk

WFMIX vs. WARAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WFMIX
WFMIX Risk / Return Rank: 2323
Overall Rank
WFMIX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
WFMIX Sortino Ratio Rank: 2424
Sortino Ratio Rank
WFMIX Omega Ratio Rank: 2020
Omega Ratio Rank
WFMIX Calmar Ratio Rank: 2525
Calmar Ratio Rank
WFMIX Martin Ratio Rank: 2424
Martin Ratio Rank

WARAX
WARAX Risk / Return Rank: 9494
Overall Rank
WARAX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
WARAX Sortino Ratio Rank: 9595
Sortino Ratio Rank
WARAX Omega Ratio Rank: 9393
Omega Ratio Rank
WARAX Calmar Ratio Rank: 9898
Calmar Ratio Rank
WARAX Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WFMIX vs. WARAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Special Mid Cap Value Fund Class I (WFMIX) and Allspring Absolute Return Fund (WARAX). 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.


WFMIXWARAXDifference

Sharpe ratio

Return per unit of total volatility

0.56

2.45

-1.89

Sortino ratio

Return per unit of downside risk

0.92

3.28

-2.36

Omega ratio

Gain probability vs. loss probability

1.12

1.45

-0.33

Calmar ratio

Return relative to maximum drawdown

0.72

4.34

-3.62

Martin ratio

Return relative to average drawdown

2.55

10.20

-7.65

WFMIX vs. WARAX - Sharpe Ratio Comparison

The current WFMIX Sharpe Ratio is 0.56, which is lower than the WARAX Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of WFMIX and WARAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


WFMIXWARAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.56

2.45

-1.89

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.93

-0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.71

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.59

-0.15

Correlation

The correlation between WFMIX and WARAX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

WFMIX vs. WARAX - Dividend Comparison

WFMIX's dividend yield for the trailing twelve months is around 11.15%, more than WARAX's 1.74% yield.


TTM20252024202320222021202020192018201720162015
WFMIX
Allspring Special Mid Cap Value Fund Class I
11.15%11.24%8.00%5.51%8.71%9.87%0.66%7.48%2.74%4.41%1.44%4.47%
WARAX
Allspring Absolute Return Fund
1.74%2.00%10.90%2.80%2.34%3.23%3.34%3.38%2.66%1.77%0.76%1.35%

Drawdowns

WFMIX vs. WARAX - Drawdown Comparison

The maximum WFMIX drawdown since its inception was -52.70%, which is greater than WARAX's maximum drawdown of -23.16%. Use the drawdown chart below to compare losses from any high point for WFMIX and WARAX.


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Drawdown Indicators


WFMIXWARAXDifference

Max Drawdown

Largest peak-to-trough decline

-52.70%

-23.16%

-29.54%

Max Drawdown (1Y)

Largest decline over 1 year

-11.57%

-5.06%

-6.51%

Max Drawdown (5Y)

Largest decline over 5 years

-22.13%

-14.64%

-7.49%

Max Drawdown (10Y)

Largest decline over 10 years

-43.80%

-23.16%

-20.64%

Current Drawdown

Current decline from peak

-8.99%

-0.24%

-8.75%

Average Drawdown

Average peak-to-trough decline

-7.53%

-3.88%

-3.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.27%

2.15%

+1.12%

Volatility

WFMIX vs. WARAX - Volatility Comparison

Allspring Special Mid Cap Value Fund Class I (WFMIX) has a higher volatility of 4.89% compared to Allspring Absolute Return Fund (WARAX) at 3.66%. This indicates that WFMIX's price experiences larger fluctuations and is considered to be riskier than WARAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WFMIXWARAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.89%

3.66%

+1.23%

Volatility (6M)

Calculated over the trailing 6-month period

10.28%

7.21%

+3.07%

Volatility (1Y)

Calculated over the trailing 1-year period

17.39%

8.83%

+8.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.15%

7.60%

+9.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.86%

7.91%

+10.95%