Average annual returns
Average annual returns
(as of 9/30/2024)|
1M
|
3M
|
YTD
|
1Y
|
3Y
|
5Y
|
10Y
|
Inception
|
|
|---|---|---|---|---|---|---|---|---|
|
Composite (Pure Gross)
|
-0.32
|
8.78
|
17.53
|
27.68
|
9.23
|
8.68
|
9.69
|
9.51
|
|
Composite (Net)
|
-0.57
|
7.96
|
14.87
|
23.85
|
5.95
|
5.42
|
6.41
|
6.27
|
|
Russell 1000® Index
|
2.14
|
6.08
|
21.18
|
35.68
|
10.83
|
15.64
|
13.10
|
10.71
|
One-month, three-month and year-to-date returns are not annualized.
Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.
Performance shown is related performance of the institutional composite. The Low Volatility strategy is only provided via a non-discretionary model to Sponsors, and as such, Allspring Funds Management does not have a retail SMA performance composite. Performance information shown above is not actual performance for any Allspring Funds Management retail SMA performance composite but is related institutional composite performance for a similar strategy offered by our affiliated institutional investment adviser, Allspring Global Investments, which acts as a sub-adviser for the Low Volatility model provided to Sponsors. The performance is being shown solely as supplemental information to help you understand how a similar strategy offered by an affiliated institutional investment adviser has performed. This is not intended as an offer for any Allspring Global Investments institutional composites or accounts. If your firm (Sponsor) uses this model, actual performance can be obtained from your firm and will differ from the institutional composite performance shown.
The U.S. Low Volatility strategy is designed to maintain 20-30% less volatility than the Russell 1000 and seeks to outperform the broad US Equity Market over a full market cycle. As such, the Russell 1000 Index (primary benchmark) is an appropriate long-term benchmark. As a result of the portfolio's long-term investment horizon, when evaluating performance over the short-term, the performance uses a (non-official) risk-adjusted benchmark (75% Russell 1000, 25% Cash) to generate performance comparisons. Considering the objectives of the U.S. Low Volatility Equity strategy, as a secondary benchmark, the MSCI USA Minimum Volatility Index (Gross) offers an added comparison with a similar focus on volatility. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, reviewed, or produced by MSCI.
Please keep in mind that high double-digit returns were primarily achieved during favorable market conditions. You should not expect that such favorable returns can be consistently achieved. A fund's performance, especially for short time periods, should not be the sole factor in making your investment decision.
Calendar year
Calendar year
(as of 12/31/2023)|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
|---|---|---|---|---|---|---|---|---|---|---|
|
Fund
|
4.18
|
-2.96
|
16.53
|
5.11
|
28.56
|
-4.57
|
13.44
|
10.51
|
4.67
|
15.74
|
|
Benchmark
|
26.53
|
-19.13
|
26.45
|
20.96
|
31.43
|
-4.78
|
21.69
|
12.05
|
0.92
|
13.24
|
Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.
Performance and volatility metrics
Performance and volatility metrics
(as of 9/30/2024)| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Alpha | 2.17 | -2.36 | 0.00 |
| Beta | 0.64 | 0.73 | 0.00 |
| Downside Market Capture Ratio | 68.35 | 85.88 | 0.00 |
| Information Ratio | -0.17 | -0.81 | 0.00 |
| R2 | 0.73 | 0.79 | 0.00 |
| Sharpe Ratio | 0.43 | 0.42 | 0.00 |
| Standard Deviation | 13.00 | 14.99 | 0.00 |
| Tracking Error | 9.43 | 8.58 | 0.00 |
| Upside Market Capture Ratio | 58.63 | 50.37 | 0.00 |
| Correlation | 0.85 | 0.89 | 0.00 |
