- What does ASCE invest in?
- ASCE is actively managed and invests primarily in equity securities of small- and medium-cap US companies, within the Russell 2500 Index range. Up to 20% of total assets may be allocated to foreign issuers in developed markets, including ADRs. The fund combines quantitative methods with qualitative analysis in selecting companies believed to be relatively undervalued with possible future earnings. The quantitative method is based on a proprietary alpha model which ranks securities based on valuation, quality, and momentum. The qualitative analysis, on the other hand, includes management evaluation, products, competition, and risk. A focused portfolio of approximately 50 securities diversified across major sectors is curated, avoiding issuers with significant alcohol, gaming, or tobacco business. Cash or money market instruments may also be held for liquidity or short-term defensive investments, which may impact the funds objectives during such periods.
- What is the expense ratio of ASCE?
- Allspring SMID Core ETF (ASCE) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is ASCE?
- Allspring SMID Core ETF (ASCE) manages $78.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is ASCE actively managed or an index fund?
- ASCE is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ASCE's is 0.38%) in exchange for the discretion to over- or under-weight positions.
- When was ASCE launched?
- Allspring SMID Core ETF (ASCE) launched in July 2025 and is managed by Allspring.
- How has ASCE performed?
- ASCE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
