ERC vs SPY
Comparison between Allspring Multi-Sector Income Fund (ERC, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed ERC, delivering a return of +13.3% compared to +1.7%
ERC vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ERC vs SPY - Historical Returns
Returns include dividend reinvestment.
ERC vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ERC | SPY |
|---|---|---|
| 2026 | -0.02% | +8.26% |
| 2025 | +11.57% | +18.00% |
| 2024 | +6.22% | +25.59% |
| 2023 | +4.86% | +26.72% |
| 2022 | -16.89% | -18.64% |
| 2021 | +19.00% | +30.52% |
| 2020 | +4.50% | +17.28% |
| 2019 | +27.12% | +31.09% |
| 2018 | -4.31% | -5.24% |
| 2017 | +11.37% | +20.78% |
| 2016 | +22.86% | +13.59% |
| 2015 | -6.98% | +1.31% |
| 2014 | +4.97% | +14.56% |
| 2013 | -7.17% | +29.00% |
| 2012 | +19.05% | +14.17% |
| 2011 | +4.26% | +0.85% |
| 2010 | +17.22% | +13.14% |
| 2009 | +46.85% | +22.67% |
| 2008 | -20.91% | -36.25% |
| 2007 | -1.03% | +5.32% |
| 2006 | +16.47% | +13.85% |
| 2005 | -7.05% | +5.32% |
| 2004 | +7.02% | +10.75% |
| 2003 | -3.51% | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
ERC vs SPY Drawdown Comparison
The maximum drawdown for ERC was -47.40%, occurring on Oct 10, 2008. Recovery took 558 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current ERC drawdown is -3.01%. The current SPY drawdown is -2.90%.
| Rank | ERC | SPY |
|---|---|---|
| #1 | -47.40% May 7, 2007 - Jul 23, 2009 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -41.26% Feb 20, 2020 - Jan 7, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -33.58% Sep 27, 2021 - Sep 16, 2025 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -18.40% Apr 26, 2013 - Apr 29, 2016 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -13.99% Apr 16, 2018 - Feb 1, 2019 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -12.99% Feb 10, 2004 - Oct 8, 2004 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -11.66% Jun 27, 2003 - Jan 9, 2004 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -11.24% May 4, 2010 - Jul 23, 2010 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -10.46% Jul 21, 2011 - Jan 19, 2012 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -10.39% Dec 8, 2004 - Aug 8, 2006 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -9.75% Nov 8, 2010 - Jul 15, 2011 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -8.57% Oct 25, 2012 - Jan 17, 2013 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -7.89% Sep 7, 2016 - Dec 28, 2016 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -6.87% Feb 18, 2026 - Mar 30, 2026 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -5.09% Jan 19, 2010 - Feb 25, 2010 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ERC and SPY is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
ERC vs SPY dividend yield comparison.
| Year | ERC | SPY |
|---|---|---|
| 2026 | 4.05% | 0.24% |
| 2025 | 9.34% | 1.07% |
| 2024 | 8.65% | 1.21% |
| 2023 | 8.44% | 1.40% |
| 2022 | 10.71% | 1.65% |
| 2021 | 8.51% | 1.20% |
| 2020 | 9.50% | 1.52% |
| 2019 | 9.35% | 1.75% |
| 2018 | 11.56% | 2.04% |
| 2017 | 9.66% | 1.80% |
| 2016 | 8.80% | 2.03% |
| 2015 | 13.67% | 2.06% |
| 2014 | 8.78% | 1.87% |
| 2013 | 8.53% | 1.81% |
| 2012 | 7.42% | 2.18% |
| 2011 | 8.23% | 2.05% |
| 2010 | 8.48% | 1.80% |
| 2009 | 9.17% | 1.95% |
| 2008 | 23.72% | 3.02% |
| 2007 | 8.27% | 1.85% |
| 2006 | 8.19% | 1.73% |
| 2005 | 9.18% | 1.73% |
| 2004 | 8.54% | 1.82% |
| 2003 | 3.83% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks