ERC vs IGHG

Comparison between Allspring Multi-Sector Income Fund (ERC, ETF) and PROSHARES INVESTMENT GRADE-INTEREST RATE HEDGED (IGHG, ETF).

5-Year PerformanceIGHG has outperformed ERC, delivering a return of +5.2% compared to +1.7%

ERC vs IGHG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ERC(ETF)	IGHG(ETF)
Net Assets	$276M	$276M
Expense Ratio	N/A	0.30%
Max Drawdown	61.26%	30.24%
Sharpe Ratio	0.20	0.60
5Y Beta	0.29	0.13
5Y Dividends CAGR	-3.49%	15.89%

Net Assets

Winner

ERC

$276M

IGHG

$276M

Expense Ratio

ERC

N/A

IGHG

0.30%

Max Drawdown

ERC

61.26%

Winner

IGHG

30.24%

Sharpe Ratio

ERC

0.20

Winner

IGHG

0.60

5Y Beta

ERC

0.29

Winner

IGHG

0.13

5Y Dividends CAGR

ERC

-3.49%

Winner

IGHG

15.89%

ERC vs IGHG - Historical Returns

Returns include dividend reinvestment.

Period	ERC	IGHG
1 month	-1.19%	+0.49%
3 months	-0.64%	+1.99%
6 months	-0.43%	+1.83%
1 year	+4.90%	+6.27%
5 years(CAGR)	+1.72%	+5.21%
10 years(CAGR)	+6.31%	+4.76%
Max(CAGR)	+6.28%	+3.74%

ERC

-1.19%

Winner

IGHG

+0.49%

ERC

-0.64%

Winner

IGHG

+1.99%

ERC

-0.43%

Winner

IGHG

+1.83%

ERC

+4.90%

Winner

IGHG

+6.27%

5Y(CAGR)

ERC

+1.72%

Winner

IGHG

+5.21%

10Y(CAGR)

Winner

ERC

+6.31%

IGHG

+4.76%

Max(CAGR)

Winner

ERC

+6.28%

IGHG

+3.74%

ERC vs IGHG - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	ERC	IGHG
2026	-0.02%	+1.80%
2025	+11.57%	+5.76%
2024	+6.22%	+9.63%
2023	+4.86%	+11.70%
2022	-16.89%	-1.31%
2021	+19.00%	+1.33%
2020	+4.50%	+1.07%
2019	+27.12%	+12.91%
2018	-4.31%	-4.17%
2017	+11.37%	+4.59%
2016	+22.86%	+8.86%
2015	-6.98%	-1.46%
2014	+4.97%	-2.34%
2013	-7.17%	+2.68%
2012	+19.05%	N/A
2011	+4.26%	N/A
2010	+17.22%	N/A
2009	+46.85%	N/A
2008	-20.91%	N/A
2007	-1.03%	N/A
2006	+16.47%	N/A
2005	-7.05%	N/A
2004	+7.02%	N/A
2003	-3.51%	N/A

ERC vs IGHG Drawdown Comparison

The maximum drawdown for ERC was -47.40%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.

The maximum drawdown for IGHG was -25.16%, occurring on Mar 20, 2020. Recovery took 218 trading sessions.

The current ERC drawdown is -3.01%. The current IGHG drawdown is -0.27%.

Rank	ERC	IGHG
#1	-47.40% May 7, 2007 - Jul 23, 2009	-25.16% Jan 22, 2020 - Dec 1, 2020
#2	-41.26% Feb 20, 2020 - Jan 7, 2021	-11.69% Jun 19, 2014 - Dec 7, 2016
#3	-33.58% Sep 27, 2021 - Sep 16, 2025	-8.75% Sep 29, 2021 - Jun 7, 2023
#4	-18.40% Apr 26, 2013 - Apr 29, 2016	-7.16% Feb 1, 2018 - Apr 12, 2019
#5	-13.99% Apr 16, 2018 - Feb 1, 2019	-3.73% Jan 27, 2025 - May 16, 2025
#6	-12.99% Feb 10, 2004 - Oct 8, 2004	-2.63% Jul 12, 2024 - Aug 23, 2024
#7	-11.66% Jun 27, 2003 - Jan 9, 2004	-2.61% Jul 26, 2019 - Oct 21, 2019
#8	-11.24% May 4, 2010 - Jul 23, 2010	-2.37% Apr 22, 2019 - Jun 21, 2019
#9	-10.46% Jul 21, 2011 - Jan 19, 2012	-1.86% Jan 3, 2014 - Feb 28, 2014
#10	-10.39% Dec 8, 2004 - Aug 8, 2006	-1.78% Jun 25, 2021 - Sep 27, 2021
#11	-9.75% Nov 8, 2010 - Jul 15, 2011	-1.75% Feb 2, 2026 - Apr 13, 2026
#12	-8.57% Oct 25, 2012 - Jan 17, 2013	-1.61% Mar 31, 2021 - Jun 16, 2021
#13	-7.89% Sep 7, 2016 - Dec 28, 2016	-1.48% Apr 9, 2014 - Jun 19, 2014
#14	-6.87% Feb 18, 2026 - Mar 30, 2026	-1.44% Mar 1, 2021 - Mar 31, 2021
#15	-5.09% Jan 19, 2010 - Feb 25, 2010	-1.42% Oct 27, 2017 - Dec 15, 2017

Correlation

Correlation between ERC and IGHG is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2003 - 2026)

ERC vs IGHG dividend yield comparison.

Year	ERC	IGHG
2026	4.05%	2.13%
2025	9.34%	5.14%
2024	8.65%	5.06%
2023	8.44%	4.99%
2022	10.71%	3.55%
2021	8.51%	2.50%
2020	9.50%	2.79%
2019	9.35%	3.48%
2018	11.56%	4.13%
2017	9.66%	3.36%
2016	8.80%	3.37%
2015	13.67%	3.65%
2014	8.78%	3.58%
2013	8.53%	0.55%
2012	7.42%	0.00%
2011	8.23%	0.00%
2010	8.48%	0.00%
2009	9.17%	0.00%
2008	23.72%	0.00%
2007	8.27%	0.00%
2006	8.19%	0.00%
2005	9.18%	0.00%
2004	8.54%	0.00%
2003	3.83%	0.00%