ASCE - ETF AI Analysis

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Allspring SMID Core ETF (ASCE)

Rating:72Outperform

Price Target:―

The Allspring SMID Core ETF (ASCE) demonstrates solid overall performance, driven by strong contributions from holdings like United Therapeutics (UTHR) and Exelixis (EXEL), both of which benefit from robust financial performance, strategic initiatives, and positive earnings outlooks. However, weaker holdings such as Amneal Pharmaceuticals (AMRX), which faces challenges in profitability and valuation despite strong technical momentum, may have slightly weighed on the fund's rating. A potential risk for the ETF is its exposure to stocks with valuation concerns, which could impact future performance.

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)

AUM41.04M

RegionNorth America

Expense Ratio0.38%

Beta1.40

IssuerAllspring

Inception DateJul 08, 2025

Dividend Yield0.21%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume22,491

30 Day Avg. Volume18,681

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

31.86

Price 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 U.S.-based small and mid-cap stocks, with a notable tilt toward financials, technology, and health care. Fabrinet is the fund’s rising star, delivering strong gains thanks to robust financial performance and strategic initiatives, while Powell Industries is also adding momentum with its healthy backlog and shareholder-friendly moves. On the flip side, Blue Bird is lagging, weighed down by bearish technical signals despite its focus on EV growth. Overall, the fund’s diverse sector mix provides balance, but its concentration in smaller companies means performance hinges on their ability to navigate market volatility.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
CENX	Century Aluminum	2.79%	$1.14M	$4.04B	123.87%	61 Neutral
CRS	Carpenter Technology	2.69%	$1.10M	$16.00B	72.76%	75 Outperform
POWL	Powell Industries	2.62%	$1.08M	$4.37B	55.66%	76 Outperform
AAMI	Acadian Asset Management	2.59%	$1.06M	$1.82B	111.52%	66 Neutral
AMRX	Amneal Pharmaceuticals	2.59%	$1.06M	$4.15B	65.62%	58 Neutral
EXEL	Exelixis	2.51%	$1.03M	$11.84B	22.57%	78 Outperform
EME	EMCOR Group	2.47%	$1.01M	$28.13B	34.52%	73 Outperform
DOCN	DigitalOcean Holdings	2.46%	$1.01M	$4.80B	54.23%	73 Outperform
CUBI	Customers Bancorp	2.45%	$1.00M	$2.68B	73.47%	74 Outperform
CDE	Coeur Mining	2.40%	$984.14K	$12.60B	213.92%	69 Neutral

ASCE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

26.68

Positive

100DMA

26.48

Positive

200DMA

Market Momentum

MACD

0.27

Positive

RSI

59.71

Neutral

STOCH

76.85

Neutral

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 27.57, equal to the 50-day MA of 26.68, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.27 indicates Positive momentum. The RSI at 59.71 is Neutral, neither overbought nor oversold. The STOCH value of 76.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ASCE.

ASCE Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
ASCE	―	―	$41.04M	0.38%	―
OASC	―	―	$69.87M	0.69%	―
SMOX	―	―	$53.02M	0.75%	―
HSMV	―	―	$28.76M	0.80%	―
MYLD	―	―	$26.72M	1.09%	―
SAEF	―	―	$26.06M	0.59%	―

Performance Comparison

ASCE

Allspring SMID Core ETF

27.92

3.10

12.49%

OASC

OneAscent Small Cap Core ETF

―

SMOX

Horizon Small/Mid Cap Core Equity ETF

―

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

―

MYLD

Cambria Micro and SmallCap Shareholder Yield ETF

―

SAEF

Schwab Ariel ESG 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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