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ASCE - ETF AI Analysis
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Allspring SMID Core ETF (ASCE)
Rating:70Outperform
Price Target:―
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)
AUM35.95M
RegionNorth America
Expense Ratio0.38%
Beta1.38
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. Volume4,122
30 Day Avg. Volume16,675
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
31.88Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
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 on industrials and technology, with standout performances from Carpenter Technology and Teekay, both benefiting from strong demand and strategic positioning. Credo Technology Group, while showing impressive year-to-date gains, is facing short-term headwinds due to valuation concerns. On the flip side, Powell Industries and EMCOR Group are lagging, with bearish technical trends weighing on their momentum. With its focus on U.S.-based small and mid-cap stocks, the fund captures a diverse mix of emerging opportunities, though its sector tilt toward industrials and tech adds a layer of thematic concentration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Fabrinet | 3.58% | $1.29M | $17.86B | 115.06% | 78 Outperform | |
| Powell Industries | 3.20% | $1.15M | $4.17B | 33.29% | 76 Outperform | |
| Credo Technology Group Holding Ltd | 3.12% | $1.12M | $30.76B | 127.44% | 77 Outperform | |
| Carpenter Technology | 2.59% | $932.09K | $14.97B | 68.27% | 75 Outperform | |
| EMCOR Group | 2.53% | $908.16K | $27.92B | 30.37% | 73 Outperform | |
| Exelixis | 2.46% | $883.67K | $11.23B | 15.95% | 78 Outperform | |
| Acadian Asset Management | 2.45% | $880.64K | $1.66B | 56.22% | 66 Neutral | |
| Amneal Pharmaceuticals | 2.43% | $873.27K | $3.76B | 50.74% | 58 Neutral | |
| Blue Bird | 2.42% | $871.47K | $1.61B | 23.12% | 69 Neutral | |
| DigitalOcean Holdings | 2.41% | $867.66K | $4.55B | 31.81% | 73 Outperform |
ASCE Technical Analysis
Positive
―
Price Trends
26.17
Positive
26.07
Positive
Market Momentum
0.39
Negative
67.25
Neutral
87.13
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ASCE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 26.25, equal to the 50-day MA of 26.17, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.39 indicates Negative momentum. The RSI at 67.25 is Neutral, neither overbought nor oversold. The STOCH value of 87.13 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ASCE.
ASCE Peer Comparison
Comparison Results
Performance Comparison
ASCE
Allspring SMID Core ETF
27.59
2.72
10.94%
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
―
―
―
EPSB
Harbor SMID Cap Core ETF
―
―
―
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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