IGIB vs. TIBDX
IGIB (iShares 5-10 Year Investment Grade Corporate Bond ETF) and TIBDX (TIAA-CREF Core Bond Fund) are both funds - IGIB is a Corporate Bonds fund tracking the ICE BofA 5-10 Year US Corporate Index, while TIBDX is a Intermediate Core-Plus Bond fund managed by TIAA Investments. Over the past 10 years, IGIB returned 3.00%/yr vs 1.91%/yr for TIBDX. A 0.77 correlation means they provide meaningful diversification when combined. IGIB charges 0.04%/yr vs 0.29%/yr for TIBDX.
Performance
IGIB vs. TIBDX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with IGIB having a 0.33% return and TIBDX slightly higher at 0.34%. Over the past 10 years, IGIB has outperformed TIBDX with an annualized return of 3.00%, while TIBDX has yielded a comparatively lower 1.91% annualized return.
IGIB
- 1D
- 0.07%
- 1M
- 0.63%
- YTD
- 0.33%
- 6M
- 0.48%
- 1Y
- 5.29%
- 3Y*
- 6.29%
- 5Y*
- 1.29%
- 10Y*
- 3.00%
TIBDX
- 1D
- -0.33%
- 1M
- 0.60%
- YTD
- 0.34%
- 6M
- 0.71%
- 1Y
- 4.87%
- 3Y*
- 4.18%
- 5Y*
- 0.09%
- 10Y*
- 1.91%
IGIB vs. TIBDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.33% | 9.58% | 3.49% | 9.22% | -14.00% | -1.66% | 9.64% | 14.60% | -0.71% | 3.50% |
TIBDX TIAA-CREF Core Bond Fund | 0.34% | 7.38% | 1.95% | 5.63% | -13.68% | -0.95% | 8.10% | 9.57% | -0.64% | 4.48% |
Correlation
The correlation between IGIB and TIBDX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2007 | 0.77 |
The correlation between IGIB and TIBDX shifts across timeframes, from 0.77 (all time) to 0.91 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
IGIB vs. TIBDX — Risk / Return Rank
IGIB
TIBDX
IGIB vs. TIBDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) 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.
| IGIB | TIBDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.72 | +0.04 |
| Martin ratioReturn relative to average drawdown | 5.67 | 5.09 | +0.58 |
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Drawdowns
IGIB vs. TIBDX - Drawdown Comparison
The maximum IGIB drawdown since its inception was -20.62%, which is greater than TIBDX's maximum drawdown of -18.82%. Use the drawdown chart below to compare losses from any high point for IGIB and TIBDX.
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Drawdown Indicators
| IGIB | TIBDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.62% | -18.82% | -1.80% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -2.98% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -6.05% | -6.29% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -20.62% | -18.82% | -1.80% |
Max Drawdown (10Y)Largest decline over 10 years | -20.62% | -18.82% | -1.80% |
Current DrawdownCurrent decline from peak | -1.21% | -1.54% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -2.30% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.01% | -0.08% |
Volatility
IGIB vs. TIBDX - Volatility Comparison
iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) has a higher volatility of 1.22% compared to TIAA-CREF Core Bond Fund (TIBDX) at 1.10%. This indicates that IGIB's price experiences larger fluctuations and is considered to be riskier than TIBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGIB | TIBDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 1.10% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.18% | 2.95% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 3.88% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.57% | 5.64% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.07% | 4.74% | +1.33% |
IGIB vs. TIBDX - Expense Ratio Comparison
IGIB has a 0.04% expense ratio, which is lower than TIBDX's 0.29% expense ratio.
Dividends
IGIB vs. TIBDX - Dividend Comparison
IGIB's dividend yield for the trailing twelve months is around 4.81%, more than TIBDX's 4.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 4.81% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
TIBDX TIAA-CREF Core Bond Fund | 4.46% | 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
IGIB and TIBDX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGIB has higher volatility (1.22%) compared to TIBDX (1.10%). In terms of maximum drawdown, IGIB dropped -20.62% vs TIBDX's -18.82%.
TIBDX currently has the higher Sharpe Ratio (1.33 vs 1.29), 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.
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