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Upturn AI Summary
Allspring SMID Core ETF(ASCE)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ASCE
10/02/2026: ASCE (3-star) is currently NOT-A-BUY. Pass it for now.
Allspring SMID Core ETF (ASCE) is an actively managed fund that provides exposure to small- and mid-sized U.S. companies, aiming to outperform the broader market through fundamental security selection. Its primary strength lies in its active approach, potentially offering better risk-adjusted returns than passive alternatives in inefficient market segments. The fund is best suited for long-term growth-oriented investors looking to diversify away from large-cap concentration. However, investors must consider the higher expense ratio compared to passive indices and the inherent volatility of the small-cap sector. Key factors to monitor include the fund's relative performance against passive benchmarks and the economic environment for domestic smaller businesses.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund targets small- and mid-cap companies which are often in their high-growth phases. |
| Momentum investor | Strong fit while signal remains positive | Active management can be leveraged to capture companies with positive momentum indicators. |
| Value investor | Mixed fit | The portfolio selection considers valuation metrics, but it is not exclusively a value fund. |
| Dividend/Income investor | Weak fit | The fund focuses on capital appreciation rather than consistent dividend income. |
| Low-risk investor | Weak fit | Small- and mid-cap equities inherently carry higher volatility than large-cap or bond portfolios. |
Investor Profile
Ideal Investor Profile
Investors seeking long-term growth through exposure to small- and mid-cap companies, who believe in the potential of active management.
Suitability
Best for long-term investors comfortable with higher volatility who want to complement a large-cap core portfolio.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Small-cap stocks historically experience greater price swings than the broader market. |
| Market risk | Medium / high | The fund is fully exposed to systemic market movements and economic downturns. |
| Concentration | Medium | Active selection may lead to sector tilts different from the broad market. |
| Tracking/expense | Medium | The higher expense ratio requires the manager to outperform the benchmark to add net value. |
| Liquidity | Medium | Smaller companies in the portfolio may have lower trading liquidity during market stress. |
| Business/sector quality | Medium | Investment in smaller firms introduces unique risks regarding business longevity and competitive moats. |
Risk Analysis
Volatility
The fund exhibits higher volatility characteristic of small- and mid-cap equity markets compared to large-cap indices.
Market Risk
Investors face significant systematic risk as the fund's underlying assets are sensitive to macroeconomic conditions and market sentiment.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | U.S. Small-Cap Equities | 50 | Provides exposure to smaller, high-growth potential companies in the U.S. market. |
| Market capitalization | U.S. Mid-Cap Equities | 45 | Balances the portfolio with established mid-size companies that offer a mix of growth and stability. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Maintains liquidity for operational needs and portfolio rebalancing. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 12.24% | Avg. Invested days 86 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $193.84M |
| Issuer | Allspring Global Investments |
| Expense Ratio | 0.38% |
| Distribution Yield | 0.17% |
| Inception | Jul 7, 2025 |
Performance
| Period | Total Return |
|---|---|
| YTD | +23.37% |
| 1 Year | +25.44% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 14.45% |
| 3Y Volatility | 0% |
| 3Y Sharpe Ratio | 0 |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Small Cap | 54.93% |
| Micro Cap | 35.59% |
| Mid Cap | 8.95% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 20.64% |
| Healthcare | 17.38% |
| Financial Services | 16.77% |
| Consumer Cyclicals | 12.28% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 13.15x |
| Portfolio P/B | 2.1x |
| Portfolio P/S | 0.9x |
Top Holdings
| Holding | Weight |
|---|---|
| Amneal Pharmaceuticals. Class A Common Stock | 3.11% |
| Exelixis | 2.82% |
| Teekay | 2.56% |
| Universal Health Services | 2.54% |
| Semtech | 2.43% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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