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ERC vs LQTI

Comparison between Allspring Multi-Sector Income Fund (ERC, ETF) and FT VEST INVESTMENT GRADE & TARGET INCOME ETF (LQTI, ETF).

ERC vs LQTI - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
ERC
$276M
LQTI
$276M
Expense Ratio
ERC
N/A
LQTI
0.65%
Max Drawdown
ERC
61.26%
Winner
LQTI
7.07%
Sharpe Ratio
ERC
0.20
Winner
LQTI
0.21
5Y Beta
ERC
0.29
Winner
LQTI
0.12
5Y Dividends CAGR
ERC
-3.49%
LQTI
N/A

ERC vs LQTI - Historical Returns

Returns include dividend reinvestment.

1M
ERC
-1.19%
Winner
LQTI
-0.32%
3M
Winner
ERC
-0.64%
LQTI
-0.98%
6M
ERC
-0.43%
Winner
LQTI
+0.12%
1Y
ERC
+4.90%
Winner
LQTI
+5.01%
5Y(CAGR)
ERC
+1.72%
LQTI
N/A
10Y(CAGR)
ERC
+6.31%
LQTI
N/A
Max(CAGR)
Winner
ERC
+6.28%
LQTI
+4.94%

ERC vs LQTI - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

YearERCLQTI
2026-0.02%+0.24%
2025+11.57%+6.69%
2024+6.22%N/A
2023+4.86%N/A
2022-16.89%N/A
2021+19.00%N/A
2020+4.50%N/A
2019+27.12%N/A
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 LQTI Drawdown Comparison

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

The maximum drawdown for LQTI was -3.40%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current ERC drawdown is -3.01%. The current LQTI drawdown is -1.77%.

RankERCLQTI
#1-47.40%
May 7, 2007 - Jul 23, 2009
-3.40%
Feb 26, 2026 - Mar 27, 2026
#2-41.26%
Feb 20, 2020 - Jan 7, 2021
-3.23%
Apr 4, 2025 - Jun 12, 2025
#3-33.58%
Sep 27, 2021 - Sep 16, 2025
-1.76%
Oct 24, 2025 - Feb 12, 2026
#4-18.40%
Apr 26, 2013 - Apr 29, 2016
-1.27%
Mar 3, 2025 - Apr 2, 2025
#5-13.99%
Apr 16, 2018 - Feb 1, 2019
-1.09%
Jul 2, 2025 - Jul 29, 2025
#6-12.99%
Feb 10, 2004 - Oct 8, 2004
-1.07%
Sep 15, 2025 - Oct 14, 2025
#7-11.66%
Jun 27, 2003 - Jan 9, 2004
-0.68%
Jun 12, 2025 - Jun 23, 2025
#8-11.24%
May 4, 2010 - Jul 23, 2010
-0.67%
Aug 13, 2025 - Aug 27, 2025
#9-10.46%
Jul 21, 2011 - Jan 19, 2012
-0.57%
Feb 19, 2026 - Feb 26, 2026
#10-10.39%
Dec 8, 2004 - Aug 8, 2006
-0.42%
Aug 28, 2025 - Sep 3, 2025
#11-9.75%
Nov 8, 2010 - Jul 15, 2011
-0.41%
Aug 7, 2025 - Aug 13, 2025
#12-8.57%
Oct 25, 2012 - Jan 17, 2013
-0.34%
Feb 14, 2025 - Feb 21, 2025
#13-7.89%
Sep 7, 2016 - Dec 28, 2016
-0.22%
Oct 22, 2025 - Oct 24, 2025
#14-6.87%
Feb 18, 2026 - Mar 30, 2026
-0.19%
Jul 29, 2025 - Aug 1, 2025
#15-5.09%
Jan 19, 2010 - Feb 25, 2010
-0.15%
Jun 24, 2025 - Jun 27, 2025

Correlation

Correlation between ERC and LQTI is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95
-101

Dividend Comparison (2003 - 2026)

ERC vs LQTI dividend yield comparison.

YearERCLQTI
20264.05%4.54%
20259.34%7.01%
20248.65%0.00%
20238.44%0.00%
202210.71%0.00%
20218.51%0.00%
20209.50%0.00%
20199.35%0.00%
201811.56%0.00%
20179.66%0.00%
20168.80%0.00%
201513.67%0.00%
20148.78%0.00%
20138.53%0.00%
20127.42%0.00%
20118.23%0.00%
20108.48%0.00%
20099.17%0.00%
200823.72%0.00%
20078.27%0.00%
20068.19%0.00%
20059.18%0.00%
20048.54%0.00%
20033.83%0.00%

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