ASCE
Allspring SMID Core ETF
📎 Investment Objective
The Allspring SMID Core ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Allspring SMID Core Index, which measures the performance of small- and mid-capitalization U.S. equities.
Overview
ETF tracking Allspring SMID Core ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Allspring SMID Core ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Allspring SMID Core Index, which measures the performance of small- and mid-capitalization U.S. equities.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. It invests primarily in the common stocks of small- and mid-cap U.S. companies included in the index.
✨ Key Features
- Provides exposure to a diversified portfolio of small- and mid-cap U.S. stocks
- Seeks to track the performance of the Allspring SMID Core Index
- Passively managed to minimize expenses
- Suitable for investors seeking broad exposure to the small- and mid-cap equity market
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
- Equity risk: The stocks held by the ETF may experience volatility and the value of the ETF may decrease
- Small- and mid-cap risk: Smaller companies may have less liquidity and greater price volatility than larger companies
- Index tracking risk: The ETF may not perfectly track the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the small- and mid-cap U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.