Correlation
The correlation between WICIX and SCZ is 0.68, 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.
WICIX vs. SCZ
Compare and contrast key facts about Allspring Special International Small Cap Fund (WICIX) and iShares MSCI EAFE Small-Cap ETF (SCZ).
WICIX is managed by Allspring Global Investments. It was launched on May 30, 2019. SCZ is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Small Cap Index. It was launched on Dec 10, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WICIX or SCZ.
Performance
WICIX vs. SCZ - Performance Comparison
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Key characteristics
WICIX:
0.79
SCZ:
0.84
WICIX:
1.07
SCZ:
1.23
WICIX:
1.14
SCZ:
1.17
WICIX:
0.45
SCZ:
0.70
WICIX:
1.87
SCZ:
2.70
WICIX:
5.62%
SCZ:
5.13%
WICIX:
14.56%
SCZ:
16.89%
WICIX:
-40.70%
SCZ:
-61.86%
WICIX:
-10.40%
SCZ:
-1.01%
Returns By Period
In the year-to-date period, WICIX achieves a 13.30% return, which is significantly lower than SCZ's 16.26% return.
WICIX
13.30%
4.91%
9.49%
11.47%
6.47%
6.92%
N/A
SCZ
16.26%
6.21%
12.58%
14.10%
7.37%
8.66%
5.67%
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WICIX vs. SCZ - Expense Ratio Comparison
WICIX has a 1.05% expense ratio, which is higher than SCZ's 0.40% expense ratio.
Risk-Adjusted Performance
WICIX vs. SCZ — Risk-Adjusted Performance Rank
WICIX
SCZ
WICIX vs. SCZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Special International Small Cap Fund (WICIX) and iShares MSCI EAFE Small-Cap ETF (SCZ). 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.
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Dividends
WICIX vs. SCZ - Dividend Comparison
WICIX's dividend yield for the trailing twelve months is around 2.23%, less than SCZ's 3.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WICIX Allspring Special International Small Cap Fund | 2.23% | 2.52% | 1.70% | 1.20% | 1.35% | 0.66% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCZ iShares MSCI EAFE Small-Cap ETF | 3.01% | 3.50% | 2.95% | 1.99% | 2.96% | 1.52% | 3.51% | 2.79% | 2.38% | 2.82% | 2.06% | 2.61% |
Drawdowns
WICIX vs. SCZ - Drawdown Comparison
The maximum WICIX drawdown since its inception was -40.70%, smaller than the maximum SCZ drawdown of -61.86%. Use the drawdown chart below to compare losses from any high point for WICIX and SCZ.
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Volatility
WICIX vs. SCZ - Volatility Comparison
Allspring Special International Small Cap Fund (WICIX) has a higher volatility of 3.15% compared to iShares MSCI EAFE Small-Cap ETF (SCZ) at 2.95%. This indicates that WICIX's price experiences larger fluctuations and is considered to be riskier than SCZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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