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CREF Inflation-Linked Bond Account Class R3 (QCILIX) Sharpe Ratio: 2.04

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

CREF Inflation-Linked Bond Account Class R3 is a variable annuity account that seeks a long-term rate of return exceeding inflation by investing primarily in U.S. Treasury Inflation-Protected Securities and other inflation-linked fixed income securities.

QCILIX's Sharpe Ratio of 2.04 indicates that for each unit of volatility, it generates 2.04 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

QCILIX Sharpe Ratio Rank

QCILIX Sharpe Ratio Rank: 48.148
Average

QCILIX ranks above 48.1% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

QCILIX Sharpe Ratio Market Positioning

The chart shows QCILIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.43 or lower
  • Yellow zone (middle 50%): 1.43 to 2.52
  • Green zone (top 25%): 2.52 or higher
  • Top 1%: 4.67+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares CREF Inflation-Linked Bond Account Class R3's Sharpe Ratio with other mutual funds in the Inflation-Protected Bonds category across multiple time periods, showing how QCILIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
IPBAXAllspring Real Return Fund3.09
VTSPXVanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares3.06
VTAPXVanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares3.03
VTIPXVanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares2.97
FSTZXFidelity Series 0-5 Year Inflation-Protected Bond Index Fund2.86
EIRRXEaton Vance Short Duration Inflation-Protected Income Fund2.57
EARRXEaton Vance Short Duration Inflation-Protected Income Fund Class A2.55
RRPAXSEI Institutional Investments Trust Real Return Fund2.50
APOIXAmerican Century Short Duration Inflation Protection Bond Fund Investor Class2.45
SEIAXSEI Multi-Asset Real Return Fund Class A2.42
QCILIXCREF Inflation-Linked Bond Account Class R32.04

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows QCILIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when QCILIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does QCILIX fit in your portfolio?

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