AFIX vs VOO
Allspring Broad Market Core Bond ETF vs Vanguard S&P 500 ETF
Which is better, AFIX or VOO?
Investment Grade Bond against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AFIX | VOO |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $199M | $997.4B |
| Dividend Yield | 5.13% | 1.04% |
| Holdings | 575 | 509 |
| YTD Return | -1.37% | +11.48%Best |
| 1Y Return | -0.83% | +15.94%Best |
| 3Y Return (annualized) | - | +21.01% |
| 5Y Return (annualized) | - | +12.66% |
| Volatility (annualized) | 3.6%Best | 12.8% |
| Max Drawdown | -3.6%Best | -18.7% |
| $10,000 over 1.8 years | $10,423 | $12,794Best |
| Fund Family | Allspring Global Investments | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Blend |
| Inception | Dec 4, 2024 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 5, 2024 to Sep 15, 2026 (1.8 years).
AFIX vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
AFIX vs VOO Performance
Allspring Broad Market Core Bond ETF (AFIX) is an ETF from Allspring Global Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AFIX returned -0.83% while VOO returned +15.94%. Year to date, AFIX is down 1.37% versus a gain of 11.48% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 3.6% for AFIX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.6% for AFIX and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
AFIX charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, AFIX currently yields 5.13% against 1.04% for VOO.
Holdings Overlap
At least 0.1% of VOO's money is in holdings AFIX also owns.
Stated as a floor: for AFIX, our book for it covers 48.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 394 positions we hold weights for in AFIX and 494 in VOO, against full books of 575 and 509.
Top Shared Holdings
| Stock | Weight in AFIX | Weight in VOO | Difference |
|---|---|---|---|
| TMUST-Mobile Usa, Inc. 3.875% 15-Apr-2030 | 0.08% | 0.12% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of AFIX and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AFIX or VOO?
AFIX has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, AFIX or VOO?
Over the past year AFIX returned -0.83% vs +15.94% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), AFIX annualized +2.33% vs +14.67% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AFIX or VOO?
VOO has been the more volatile fund at 12.8% annualized versus 3.6% for AFIX. Worst drawdown: AFIX -3.6% vs VOO -18.7%.
Should I hold both AFIX and VOO?
AFIX and VOO have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AFIX or VOO?
AFIX yields 5.13% while VOO yields 1.04%, so AFIX currently pays the higher dividend yield.
Is VOO better than AFIX?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.