WRPIX vs. CSQAX
Compare and contrast key facts about Allspring Alternative Risk Premia Fund (WRPIX) and Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX).
WRPIX is managed by Wells Fargo Funds. It was launched on Jan 28, 2019. CSQAX is a passively managed fund by Credit Suisse that tracks the performance of the Credit Suisse Liquid Alternative Beta Index. It was launched on Mar 30, 2012.
Performance
WRPIX vs. CSQAX - Performance Comparison
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WRPIX vs. CSQAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WRPIX Allspring Alternative Risk Premia Fund | 9.08% | 5.37% | 11.23% | -0.06% | 10.44% | 6.84% | -16.77% | -2.86% |
CSQAX Credit Suisse Multialternative Strategy Fund Class A Shares | 0.95% | 0.73% | 0.66% | 1.72% | 5.52% | 9.98% | 6.10% | -0.07% |
Returns By Period
In the year-to-date period, WRPIX achieves a 9.08% return, which is significantly higher than CSQAX's 0.95% return.
WRPIX
- 1D
- 0.45%
- 1M
- 4.59%
- YTD
- 9.08%
- 6M
- 12.89%
- 1Y
- 11.70%
- 3Y*
- 8.20%
- 5Y*
- 7.80%
- 10Y*
- —
CSQAX
- 1D
- -0.35%
- 1M
- -4.69%
- YTD
- 0.95%
- 6M
- 1.62%
- 1Y
- -1.45%
- 3Y*
- 2.50%
- 5Y*
- 2.91%
- 10Y*
- 3.09%
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WRPIX vs. CSQAX - Expense Ratio Comparison
WRPIX has a 0.72% expense ratio, which is lower than CSQAX's 1.74% expense ratio.
Return for Risk
WRPIX vs. CSQAX — Risk / Return Rank
WRPIX
CSQAX
WRPIX vs. CSQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allspring Alternative Risk Premia Fund (WRPIX) and Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX). 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.
| WRPIX | CSQAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | -0.15 | +1.61 |
Sortino ratioReturn per unit of downside risk | 1.90 | -0.15 | +2.05 |
Omega ratioGain probability vs. loss probability | 1.29 | 0.98 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | -0.24 | +1.66 |
Martin ratioReturn relative to average drawdown | 2.89 | -0.39 | +3.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WRPIX | CSQAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | -0.15 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.46 | +0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.49 | -0.09 |
Correlation
The correlation between WRPIX and CSQAX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WRPIX vs. CSQAX - Dividend Comparison
WRPIX's dividend yield for the trailing twelve months is around 6.57%, more than CSQAX's 1.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WRPIX Allspring Alternative Risk Premia Fund | 6.57% | 7.16% | 3.25% | 4.66% | 15.23% | 0.00% | 0.00% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% |
CSQAX Credit Suisse Multialternative Strategy Fund Class A Shares | 1.08% | 1.09% | 6.54% | 2.73% | 2.59% | 9.06% | 13.23% | 4.77% | 1.84% | 5.27% | 1.87% | 0.24% |
Drawdowns
WRPIX vs. CSQAX - Drawdown Comparison
The maximum WRPIX drawdown since its inception was -21.67%, which is greater than CSQAX's maximum drawdown of -8.37%. Use the drawdown chart below to compare losses from any high point for WRPIX and CSQAX.
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Drawdown Indicators
| WRPIX | CSQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.67% | -8.37% | -13.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.19% | -5.05% | -3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -8.72% | -7.28% | -1.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.37% | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.69% | +4.69% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -2.07% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 3.16% | +0.84% |
Volatility
WRPIX vs. CSQAX - Volatility Comparison
The current volatility for Allspring Alternative Risk Premia Fund (WRPIX) is 2.64%, while Credit Suisse Multialternative Strategy Fund Class A Shares (CSQAX) has a volatility of 3.03%. This indicates that WRPIX experiences smaller price fluctuations and is considered to be less risky than CSQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRPIX | CSQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 3.03% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 5.68% | 5.78% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.26% | 7.60% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.11% | 6.33% | +0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.12% | 5.98% | +1.14% |