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WGCFX vs. SOPVX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

WGCFX vs. SOPVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Spectrum Growth Fund (WGCFX) and Allspring Opportunity Fund (SOPVX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with WGCFX having a 7.40% return and SOPVX slightly higher at 7.59%.


WGCFX

1D
1.55%
1M
-1.78%
6M
3.83%
YTD
7.40%
1Y
16.47%
3Y*
12.10%
5Y*
5.87%
10Y*
ALL TIME*
8.70%

SOPVX

1D
1.69%
1M
-0.43%
6M
5.51%
YTD
7.59%
1Y
12.72%
3Y*
11.25%
5Y*
6.69%
10Y*
12.42%
ALL TIME*
8.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

WGCFX vs. SOPVX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WGCFX
Allspring Spectrum Growth Fund
7.40%14.99%10.56%13.82%-17.36%14.27%16.60%20.27%-8.64%18.13%
SOPVX
Allspring Opportunity Fund
7.59%6.57%14.82%26.38%-20.91%24.35%20.88%39.41%-7.34%19.97%

Correlation

The correlation between WGCFX and SOPVX is 0.84, meaning they have usually moved in the same direction, including during past declines.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.85

Correlation (3Y)
Balances recent behavior with more history.

0.87

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.88

Correlation (All Time)
Calculated using the full available price history since Jan 3, 2017

0.88

The correlation between WGCFX and SOPVX has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.

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Return for Risk

WGCFX vs. SOPVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WGCFX
WGCFX Risk / Return Rank: 5151
Overall Rank
WGCFX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
WGCFX Sortino Ratio Rank: 4141
Sortino Ratio Rank
WGCFX Omega Ratio Rank: 4141
Omega Ratio Rank
WGCFX Calmar Ratio Rank: 7878
Calmar Ratio Rank
WGCFX Martin Ratio Rank: 5353
Martin Ratio Rank

SOPVX
SOPVX Risk / Return Rank: 1919
Overall Rank
SOPVX Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
SOPVX Sortino Ratio Rank: 1919
Sortino Ratio Rank
SOPVX Omega Ratio Rank: 1818
Omega Ratio Rank
SOPVX Calmar Ratio Rank: 1717
Calmar Ratio Rank
SOPVX Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WGCFX vs. SOPVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Spectrum Growth Fund (WGCFX) and Allspring Opportunity Fund (SOPVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


WGCFXSOPVXDifference
Sharpe ratioReturn per unit of total volatility

+0.62

Sortino ratioReturn per unit of downside risk

+0.76

Omega ratioGain probability vs. loss probability

1.23

1.13

+0.11

Calmar ratioReturn relative to maximum drawdown

2.59

0.84

+1.75

Martin ratioReturn relative to average drawdown

7.43

3.29

+4.14

WGCFX vs. SOPVX - Sharpe Ratio Comparison

The current WGCFX Sharpe Ratio is 1.31, which is higher than the SOPVX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of WGCFX and SOPVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

WGCFX vs. SOPVX - Drawdown Comparison

The maximum WGCFX drawdown since its inception was -22.60%, smaller than the maximum SOPVX drawdown of -56.27%. Use the drawdown chart below to compare losses from any high point for WGCFX and SOPVX.


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Drawdown Indicators


WGCFXSOPVXDifference

Max Drawdown

Largest peak-to-trough decline

-22.60%

-56.27%

+33.67%

Max Drawdown (1Y)

Largest decline over 1 year

-5.72%

-12.12%

+6.40%

Max Drawdown (3Y)

Largest decline over 3 years

-9.62%

-22.17%

+12.55%

Max Drawdown (5Y)

Largest decline over 5 years

-22.60%

-34.60%

+12.00%

Max Drawdown (10Y)

Largest decline over 10 years

-35.51%

Current Drawdown

Current decline from peak

-3.82%

-2.11%

-1.71%

Average Drawdown

Average peak-to-trough decline

-4.85%

-9.71%

+4.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

3.09%

-1.10%

Volatility

WGCFX vs. SOPVX - Volatility Comparison

Allspring Spectrum Growth Fund (WGCFX) and Allspring Opportunity Fund (SOPVX) have volatilities of 3.82% and 3.75%, 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.


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Volatility by Period


WGCFXSOPVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.82%

3.75%

+0.07%

Volatility (6M)

Calculated over the trailing 6-month period

8.97%

11.57%

-2.60%

Volatility (1Y)

Calculated over the trailing 1-year period

11.27%

14.63%

-3.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.01%

20.03%

-9.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.53%

19.88%

-8.35%

WGCFX vs. SOPVX - Expense Ratio Comparison

WGCFX has a 1.50% expense ratio, which is higher than SOPVX's 1.18% expense ratio.


Dividends

WGCFX vs. SOPVX - Dividend Comparison

WGCFX's dividend yield for the trailing twelve months is around 7.60%, less than SOPVX's 8.42% yield.


PositionTTM20252024202320222021202020192018201720162015
SOPVX
Allspring Opportunity Fund
8.42%9.06%9.58%3.97%10.91%11.95%6.21%11.59%12.95%13.80%6.55%16.39%
WGCFX
Allspring Spectrum Growth Fund
7.60%8.17%6.22%0.26%6.87%13.28%11.04%0.60%18.34%13.76%0.00%0.00%

Frequently Asked Questions


WGCFX and SOPVX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WGCFX has higher volatility (3.82%) compared to SOPVX (3.75%). In terms of maximum drawdown, WGCFX dropped -22.60% vs SOPVX's -56.27%.

WGCFX currently has the higher Sharpe Ratio (1.31 vs 0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for WGCFX and SOPVX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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