WFPAX vs. FXAIX
Compare and contrast key facts about Allspring Special Mid Cap Value Fund - Class A (WFPAX) and Fidelity 500 Index Fund (FXAIX).
WFPAX is managed by Allspring Global Investments. It was launched on Jul 31, 2007. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFPAX or FXAIX.
Correlation
The correlation between WFPAX and FXAIX 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
WFPAX vs. FXAIX - Performance Comparison
Key characteristics
WFPAX:
0.42
FXAIX:
1.97
WFPAX:
0.62
FXAIX:
2.64
WFPAX:
1.09
FXAIX:
1.36
WFPAX:
0.39
FXAIX:
2.98
WFPAX:
1.10
FXAIX:
12.34
WFPAX:
5.18%
FXAIX:
2.04%
WFPAX:
13.58%
FXAIX:
12.79%
WFPAX:
-51.37%
FXAIX:
-33.79%
WFPAX:
-12.03%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, WFPAX achieves a 0.57% return, which is significantly lower than FXAIX's 4.11% return. Over the past 10 years, WFPAX has underperformed FXAIX with an annualized return of 4.12%, while FXAIX has yielded a comparatively higher 13.09% annualized return.
WFPAX
0.57%
-1.51%
-6.43%
3.22%
2.77%
4.12%
FXAIX
4.11%
2.06%
9.72%
23.78%
14.37%
13.09%
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WFPAX vs. FXAIX - Expense Ratio Comparison
WFPAX has a 1.12% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
WFPAX vs. FXAIX — Risk-Adjusted Performance Rank
WFPAX
FXAIX
WFPAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Special Mid Cap Value Fund - Class A (WFPAX) and Fidelity 500 Index Fund (FXAIX). 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
WFPAX vs. FXAIX - Dividend Comparison
WFPAX's dividend yield for the trailing twelve months is around 1.04%, less than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFPAX Allspring Special Mid Cap Value Fund - Class A | 1.04% | 1.04% | 1.01% | 0.75% | 0.22% | 0.36% | 0.56% | 0.55% | 0.60% | 0.54% | 0.29% | 0.56% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
WFPAX vs. FXAIX - Drawdown Comparison
The maximum WFPAX drawdown since its inception was -51.37%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for WFPAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
WFPAX vs. FXAIX - Volatility Comparison
Allspring Special Mid Cap Value Fund - Class A (WFPAX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.11% and 3.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.