CGBIX vs. TIBDX
CGBIX (Calvert Green Bond Fund) and TIBDX (TIAA-CREF Core Bond Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, CGBIX returned 1.63%/yr vs 1.72%/yr for TIBDX. Their correlation of 0.91 means they have usually moved in the same direction. CGBIX charges 0.48%/yr vs 0.29%/yr for TIBDX.
Performance
CGBIX vs. TIBDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CGBIX achieves a -0.63% return, which is significantly lower than TIBDX's -0.38% return. Over the past 10 years, CGBIX has underperformed TIBDX with an annualized return of 1.63%, while TIBDX has yielded a comparatively higher 1.72% annualized return.
CGBIX
- 1D
- 0.21%
- 1M
- -1.20%
- 6M
- -0.86%
- YTD
- -0.63%
- 1Y
- 1.62%
- 3Y*
- 4.47%
- 5Y*
- -0.18%
- 10Y*
- 1.63%
- ALL TIME*
- 2.09%
TIBDX
- 1D
- 0.22%
- 1M
- -1.31%
- 6M
- -0.63%
- YTD
- -0.38%
- 1Y
- 2.34%
- 3Y*
- 4.12%
- 5Y*
- -0.35%
- 10Y*
- 1.72%
- ALL TIME*
- 3.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CGBIX vs. TIBDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGBIX Calvert Green Bond Fund | -0.63% | 7.90% | 2.00% | 6.14% | -13.08% | -1.66% | 7.02% | 8.14% | 0.68% | 3.17% |
TIBDX TIAA-CREF Core Bond Fund | -0.38% | 7.38% | 1.95% | 5.63% | -13.68% | -0.95% | 8.10% | 9.57% | -0.64% | 4.48% |
Correlation
The correlation between CGBIX and TIBDX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2013 | 0.91 |
The correlation between CGBIX and TIBDX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CGBIX vs. TIBDX — Risk / Return Rank
CGBIX
TIBDX
CGBIX vs. TIBDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Green Bond Fund (CGBIX) and TIAA-CREF Core Bond Fund (TIBDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CGBIX | TIBDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.12 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 0.83 | -0.19 |
| Martin ratioReturn relative to average drawdown | 1.60 | 2.17 | -0.56 |
Loading charts...
Drawdowns
CGBIX vs. TIBDX - Drawdown Comparison
The maximum CGBIX drawdown since its inception was -17.46%, smaller than the maximum TIBDX drawdown of -18.82%. Use the drawdown chart below to compare losses from any high point for CGBIX and TIBDX.
Loading charts...
Drawdown Indicators
| CGBIX | TIBDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.46% | -18.82% | +1.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | -2.98% | +0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -4.35% | -5.35% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -17.16% | -18.82% | +1.66% |
Max Drawdown (10Y)Largest decline over 10 years | -17.46% | -18.82% | +1.36% |
Current DrawdownCurrent decline from peak | -2.25% | -2.25% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.49% | -2.30% | -1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 1.14% | -0.04% |
Volatility
CGBIX vs. TIBDX - Volatility Comparison
Calvert Green Bond Fund (CGBIX) and TIAA-CREF Core Bond Fund (TIBDX) have volatilities of 0.93% and 0.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CGBIX | TIBDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 0.91% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 3.00% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.31% | 3.68% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.98% | 5.65% | -0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.08% | 4.74% | -0.66% |
CGBIX vs. TIBDX - Expense Ratio Comparison
CGBIX has a 0.48% expense ratio, which is higher than TIBDX's 0.29% expense ratio.
Dividends
CGBIX vs. TIBDX - Dividend Comparison
CGBIX's dividend yield for the trailing twelve months is around 3.51%, less than TIBDX's 4.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGBIX Calvert Green Bond Fund | 3.51% | 4.09% | 3.49% | 2.37% | 1.86% | 1.99% | 1.85% | 2.45% | 2.26% | 2.54% | 3.22% | 2.01% |
TIBDX TIAA-CREF Core Bond Fund | 4.15% | 4.34% | 3.60% | 3.22% | 2.44% | 2.39% | 4.45% | 3.09% | 2.88% | 2.93% | 3.80% | 4.68% |
Frequently Asked Questions
With a correlation of 0.94, CGBIX and TIBDX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
CGBIX has higher volatility (0.93%) compared to TIBDX (0.91%). In terms of maximum drawdown, CGBIX dropped -17.46% vs TIBDX's -18.82%.
TIBDX currently has the higher Sharpe Ratio (0.67 vs 0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CGBIX and TIBDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer