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ASCE - ETF AI Analysis
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Allspring SMID Core ETF (ASCE)
Rating:71Outperform
Price Target:
$29.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as Credo Technology and Fabrinet, have delivered strong year-to-date performance, supporting overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Financials, and Industrials, reducing reliance on any single industry.
Reasonable Expense Ratio
With an expense ratio of 0.38%, the ETF offers relatively low costs compared to actively managed funds.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with over 99% exposure, limiting diversification across global markets.
Mixed Performance in Holdings
While some top holdings have performed well, others like Kontoor Brands have lagged, potentially dragging on returns.
Small Asset Base
The ETF has modest assets under management, which could lead to lower liquidity and higher trading costs for investors.
ASCE vs. SPDR S&P 500 ETF (SPY)
AUM32.73M
RegionNorth America
Expense Ratio0.38%
Beta1.39
IssuerAllspring
Inception DateJul 08, 2025
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,787
30 Day Avg. Volume22,134
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
31.08Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering51
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ASCE Summary
The Allspring SMID Core ETF (ASCE) is an investment fund that focuses on small and mid-sized companies in the U.S., aiming to find undervalued businesses with strong growth potential. It includes companies like Powell Industries and Fabrinet, which are part of sectors such as technology, financials, and healthcare. This ETF is a good option for investors looking to diversify their portfolio and tap into the growth opportunities of smaller, dynamic companies. However, new investors should be aware that small and mid-cap stocks can be more volatile than larger companies, meaning their prices can rise and fall quickly.
How much will it cost me?The Allspring SMID Core ETF (ASCE) has an expense ratio of 0.38%, meaning you’ll pay $3.80 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is actively managed, focusing on identifying undervalued opportunities in small to mid-cap stocks. Active management typically involves more research and decision-making, which can increase expenses.
What would affect this ETF?The Allspring SMID Core ETF could benefit from growth in the U.S. economy, particularly in sectors like technology and healthcare, which are among its top exposures. However, it may face challenges if interest rates rise, as smaller companies often have higher borrowing costs, or if economic uncertainty impacts consumer spending and industrial activity. Its focus on undervalued small to mid-cap stocks provides opportunities for growth but also exposes it to higher volatility compared to large-cap investments.
ASCE Top 10 Holdings
The Allspring SMID Core ETF is leaning heavily into small and mid-cap U.S. stocks, with a notable focus on technology, financials, and industrials. Powell Industries and Credo Technology are driving performance, thanks to strong earnings and bullish sentiment, though Credo’s high valuation raises some caution. On the flip side, Exelixis is lagging, weighed down by weak technical indicators despite its promising oncology advancements. Blue Bird is also facing headwinds from operational costs. Overall, the fund’s sector mix suggests a balanced yet growth-oriented approach, with technology and industrials leading the charge.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Fabrinet | 3.25% | $1.06M | $14.93B | 68.35% | 75 Outperform | |
| Carpenter Technology | 3.04% | $989.63K | $16.15B | 68.99% | 74 Outperform | |
| Powell Industries | 2.88% | $937.46K | $3.44B | 2.21% | 68 Neutral | |
| Credo Technology Group Holding Ltd | 2.82% | $918.53K | $24.54B | 191.12% | 71 Outperform | |
| Teekay | 2.77% | $903.52K | $872.30M | 26.20% | 79 Outperform | |
| Exelixis | 2.69% | $875.25K | $11.30B | 19.95% | 76 Outperform | |
| EMCOR Group | 2.66% | $868.17K | $27.12B | 10.65% | 73 Outperform | |
| Blue Bird | 2.64% | $858.99K | $1.61B | 26.68% | 72 Outperform | |
| United Therapeutics | 2.54% | $827.75K | $20.52B | 29.22% | 79 Outperform | |
| Amneal Pharmaceuticals | 2.54% | $827.10K | $3.62B | 38.40% | 63 Neutral |
ASCE Technical Analysis
Negative
―
Price Trends
26.15
Negative
Market Momentum
-0.31
Positive
33.85
Neutral
6.73
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ASCE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 25.88, equal to the 50-day MA of 26.15, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.31 indicates Positive momentum. The RSI at 33.85 is Neutral, neither overbought nor oversold. The STOCH value of 6.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ASCE.
ASCE Peer Comparison
Comparison Results
Performance Comparison
ASCE
Allspring SMID Core ETF
24.65
-0.22
-0.88%
SMDX
Intech S&P Small-Mid Cap Diversified Alpha ETF
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OASC
OneAscent Small Cap Core ETF
―
―
―
HSMV
First Trust Horizon Managed Volatility Small/Mid ETF
―
―
―
SAEF
Schwab Ariel ESG ETF
―
―
―
MYLD
Cambria Micro and SmallCap Shareholder Yield ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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