ERC vs IVOL

Comparison between Allspring Multi-Sector Income Fund (ERC, ETF) and QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF (IVOL, ETF).

5-Year PerformanceERC has outperformed IVOL, delivering a return of +2.5% compared to -5.9%

ERC vs IVOL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ERC(ETF)	IVOL(ETF)
Net Assets	$276M	$276M
Expense Ratio	N/A	0.98%
Max Drawdown	61.26%	40.47%
Sharpe Ratio	0.62	-1.99
5Y Beta	0.29	-0.19
5Y Dividends CAGR	-3.31%	-7.48%

Net Assets

Winner

ERC

$276M

IVOL

$276M

Expense Ratio

ERC

N/A

IVOL

0.98%

Max Drawdown

ERC

61.26%

Winner

IVOL

40.47%

Sharpe Ratio

Winner

ERC

0.62

IVOL

-1.99

5Y Beta

ERC

0.29

Winner

IVOL

-0.19

5Y Dividends CAGR

Winner

ERC

-3.31%

IVOL

-7.48%

ERC vs IVOL - Historical Returns

Returns include dividend reinvestment.

Period	ERC	IVOL
1 month	+2.59%	+0.33%
3 months	+1.76%	-5.66%
6 months	+2.30%	-7.22%
1 year	+7.67%	-9.37%
5 years(CAGR)	+2.54%	-5.85%
10 years(CAGR)	+6.20%	N/A
Max(CAGR)	+6.42%	-1.60%

Winner

ERC

+2.59%

IVOL

+0.33%

Winner

ERC

+1.76%

IVOL

-5.66%

Winner

ERC

+2.30%

IVOL

-7.22%

Winner

ERC

+7.67%

IVOL

-9.37%

5Y(CAGR)

Winner

ERC

+2.54%

IVOL

-5.85%

10Y(CAGR)

ERC

+6.20%

IVOL

N/A

Max(CAGR)

Winner

ERC

+6.42%

IVOL

-1.60%

ERC vs IVOL - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	ERC	IVOL
2026	+3.87%	-8.00%
2025	+11.57%	+12.03%
2024	+6.22%	-10.51%
2023	+4.86%	-4.63%
2022	-16.89%	-12.97%
2021	+19.00%	-0.69%
2020	+4.50%	+14.96%
2019	+27.12%	+3.23%
2018	-4.31%	N/A
2017	+11.37%	N/A
2016	+22.86%	N/A
2015	-6.98%	N/A
2014	+4.97%	N/A
2013	-7.17%	N/A
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 IVOL Drawdown Comparison

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

The maximum drawdown for IVOL was -31.17%, occurring on Dec 18, 2024. This drawdown has not yet recovered.

The current ERC drawdown is -0.76%. The current IVOL drawdown is -27.97%.

Rank	ERC	IVOL
#1	-47.40% May 7, 2007 - Jul 23, 2009	-31.17% May 10, 2021 - Dec 18, 2024
#2	-41.26% Feb 20, 2020 - Jan 7, 2021	-8.02% Mar 6, 2020 - Mar 26, 2020
#3	-33.58% Sep 27, 2021 - Sep 16, 2025	-3.93% Mar 26, 2020 - Apr 8, 2020
#4	-18.40% Apr 26, 2013 - Apr 29, 2016	-3.23% Jun 6, 2019 - Feb 28, 2020
#5	-13.99% Apr 16, 2018 - Feb 1, 2019	-2.52% Apr 13, 2020 - May 8, 2020
#6	-12.99% Feb 10, 2004 - Oct 8, 2004	-2.26% Feb 16, 2021 - May 5, 2021
#7	-11.66% Jun 27, 2003 - Jan 9, 2004	-1.94% Aug 31, 2020 - Dec 2, 2020
#8	-11.24% May 4, 2010 - Jul 23, 2010	-1.50% May 16, 2019 - May 30, 2019
#9	-10.46% Jul 21, 2011 - Jan 19, 2012	-1.37% May 8, 2020 - Jun 4, 2020
#10	-10.39% Dec 8, 2004 - Aug 8, 2006	-1.22% Jun 5, 2020 - Aug 5, 2020
#11	-9.75% Nov 8, 2010 - Jul 15, 2011	-0.51% Aug 17, 2020 - Aug 25, 2020
#12	-8.57% Oct 25, 2012 - Jan 17, 2013	-0.47% Jan 21, 2021 - Feb 3, 2021
#13	-7.89% Sep 7, 2016 - Dec 28, 2016	-0.39% Dec 21, 2020 - Jan 4, 2021
#14	-6.87% Feb 18, 2026 - Jun 29, 2026	-0.39% Jan 7, 2021 - Jan 14, 2021
#15	-5.09% Jan 19, 2010 - Feb 25, 2010	-0.31% Feb 8, 2021 - Feb 12, 2021

Correlation

Correlation between ERC and IVOL is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.24

-101

Dividend Comparison (2003 - 2026)

ERC vs IVOL dividend yield comparison.

Year	ERC	IVOL
2026	5.55%	1.92%
2025	9.34%	3.61%
2024	8.65%	3.83%
2023	8.44%	3.73%
2022	10.71%	3.92%
2021	8.51%	3.93%
2020	9.50%	3.44%
2019	9.35%	2.02%
2018	11.56%	0.00%
2017	9.66%	0.00%
2016	8.80%	0.00%
2015	13.67%	0.00%
2014	8.78%	0.00%
2013	8.53%	0.00%
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%