WSINX vs. EVSAX

Last updated Aug 4, 2026

WSINX (Allspring Income Plus Fund) and EVSAX (Allspring Disciplined U.S. Core Fund) are both mutual funds - WSINX is a Multisector Bonds fund managed by Allspring, while EVSAX is a Large Cap Blend Equities fund managed by Allspring. Over the past 10 years, WSINX returned 3.90%/yr vs 15.00%/yr for EVSAX. Their 0.37 correlation means their historical movements had little consistent relationship. WSINX charges 0.60%/yr vs 0.86%/yr for EVSAX.

Performance

WSINX vs. EVSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Income Plus Fund (WSINX) and Allspring Disciplined U.S. Core Fund (EVSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WSINX achieves a 0.14% return, which is significantly lower than EVSAX's 10.56% return. Over the past 10 years, WSINX has underperformed EVSAX with an annualized return of 3.90%, while EVSAX has yielded a comparatively higher 15.00% annualized return.

WSINX

• 1D: -0.11%
• 1M: -1.25%
• 6M: -0.50%
• YTD: 0.14%
• 1Y: 2.76%
• 3Y*: 5.96%
• 5Y*: 2.29%
• 10Y*: 3.90%
• ALL TIME*: 3.00%

EVSAX

• 1D: 0.60%
• 1M: 0.10%
• 6M: 8.39%
• YTD: 10.56%
• 1Y: 22.63%
• 3Y*: 20.86%
• 5Y*: 13.87%
• 10Y*: 15.00%
• ALL TIME*: 9.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EVSAX Allspring Disciplined U.S. Core Fund	$0.00	$0.00	$0.00
WSINX Allspring Income Plus Fund	$0.00	$0.00	$0.00

WSINX vs. EVSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WSINX Allspring Income Plus Fund	0.14%	6.61%	5.43%	9.40%	-9.25%	3.08%	8.14%	8.65%	-0.66%	6.84%
EVSAX Allspring Disciplined U.S. Core Fund	10.56%	18.65%	29.20%	25.97%	-18.21%	30.35%	15.95%	31.87%	-8.43%	20.47%

Correlation

The correlation between WSINX and EVSAX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (5Y) Shows whether the relationship held over a longer period.	0.36
Correlation (10Y) Provides a long-term view across more market conditions.	0.35
Correlation (All Time) Calculated using the full available price history since Feb 1, 2013	0.37

The correlation between WSINX and EVSAX shifts across timeframes, from 0.34 (3 years) to 0.48 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

WSINX vs. EVSAX — Risk / Return Rank

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

WSINX

WSINX Risk / Return Rank: 30
WSINX Sharpe Ratio Rank: 33
WSINX Sortino Ratio Rank: 31
WSINX Omega Ratio Rank: 34
WSINX Calmar Ratio Rank: 23
WSINX Martin Ratio Rank: 27

EVSAX

EVSAX Risk / Return Rank: 63
EVSAX Sharpe Ratio Rank: 58
EVSAX Sortino Ratio Rank: 54
EVSAX Omega Ratio Rank: 52
EVSAX Calmar Ratio Rank: 69
EVSAX Martin Ratio Rank: 80

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.

WSINX vs. EVSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Income Plus Fund (WSINX) and Allspring Disciplined U.S. Core Fund (EVSAX). 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.

	WSINX	EVSAX	Difference
Sharpe ratio: Return per unit of total volatility	1.15	1.56	-0.40
Sortino ratio: Return per unit of downside risk	1.64	2.17	-0.53
Omega ratio: Gain probability vs. loss probability	1.22	1.27	-0.06
Calmar ratio: Return relative to maximum drawdown	1.13	2.40	-1.26
Martin ratio: Return relative to average drawdown	4.23	10.14	-5.91

WSINX vs. EVSAX - Sharpe Ratio Comparison

The current WSINX Sharpe Ratio is 1.15, which is comparable to the EVSAX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of WSINX and EVSAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WSINX vs. EVSAX - Drawdown Comparison

The maximum WSINX drawdown since its inception was -13.31%, smaller than the maximum EVSAX drawdown of -53.73%. Use the drawdown chart below to compare losses from any high point for WSINX and EVSAX.

Drawdown Indicators

	WSINX	EVSAX	Difference
Max Drawdown Largest peak-to-trough decline	-13.31%	-53.73%	+40.42%
Max Drawdown (1Y) Largest decline over 1 year	-2.75%	-8.65%	+5.90%
Max Drawdown (3Y) Largest decline over 3 years	-3.24%	-19.00%	+15.76%
Max Drawdown (5Y) Largest decline over 5 years	-13.04%	-27.72%	+14.68%
Max Drawdown (10Y) Largest decline over 10 years	-13.31%	-33.03%	+19.72%
Current Drawdown Current decline from peak	-1.36%	-1.44%	+0.08%
Average Drawdown Average peak-to-trough decline	-1.98%	-9.71%	+7.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	2.04%	-1.30%

Volatility

WSINX vs. EVSAX - Volatility Comparison

The current volatility for Allspring Income Plus Fund (WSINX) is 0.85%, while Allspring Disciplined U.S. Core Fund (EVSAX) has a volatility of 3.80%. This indicates that WSINX experiences smaller price fluctuations and is considered to be less risky than EVSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WSINX	EVSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.85%	3.80%	-2.95%
Volatility (6M) Calculated over the trailing 6-month period	2.31%	10.44%	-8.13%
Volatility (1Y) Calculated over the trailing 1-year period	2.71%	13.31%	-10.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.81%	17.70%	-13.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.54%	18.41%	-14.87%

WSINX vs. EVSAX - Expense Ratio Comparison

WSINX has a 0.60% expense ratio, which is lower than EVSAX's 0.86% expense ratio.

Dividends

WSINX vs. EVSAX - Dividend Comparison

WSINX's dividend yield for the trailing twelve months is around 4.51%, less than EVSAX's 5.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVSAX Allspring Disciplined U.S. Core Fund	5.01%	5.54%	6.61%	9.22%	14.46%	8.22%	9.22%	6.68%	7.11%	4.31%	2.43%	11.99%
WSINX Allspring Income Plus Fund	4.51%	4.91%	5.43%	5.59%	3.76%	6.55%	3.12%	3.56%	3.83%	2.88%	2.87%	1.97%

Frequently Asked Questions

Can I hold both WSINX and EVSAX in my portfolio?

WSINX and EVSAX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WSINX or EVSAX?

EVSAX has higher volatility (3.80%) compared to WSINX (0.85%). In terms of maximum drawdown, WSINX dropped -13.31% vs EVSAX's -53.73%.

Which has better risk-adjusted returns?

EVSAX currently has the higher Sharpe Ratio (1.56 vs 1.15), 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.