MWIGX vs. TIBDX
Compare and contrast key facts about Metropolitan West Investment Grade Credit Fund (MWIGX) and TIAA-CREF Core Bond Fund (TIBDX).
MWIGX is managed by Metropolitan West Funds. It was launched on Jun 29, 2018. TIBDX is managed by TIAA Investments. It was launched on Jul 1, 1999.
Performance
MWIGX vs. TIBDX - Performance Comparison
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MWIGX vs. TIBDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MWIGX Metropolitan West Investment Grade Credit Fund | -0.85% | 7.99% | 3.82% | 6.55% | -13.01% | -1.13% | 8.41% | 11.21% | 4.27% |
TIBDX TIAA-CREF Core Bond Fund | -0.69% | 7.38% | 1.95% | 5.63% | -13.68% | -0.95% | 8.10% | 9.57% | 0.85% |
Returns By Period
In the year-to-date period, MWIGX achieves a -0.85% return, which is significantly lower than TIBDX's -0.69% return.
MWIGX
- 1D
- 0.25%
- 1M
- -2.10%
- YTD
- -0.85%
- 6M
- 0.32%
- 1Y
- 4.36%
- 3Y*
- 4.80%
- 5Y*
- 0.73%
- 10Y*
- —
TIBDX
- 1D
- 0.44%
- 1M
- -2.56%
- YTD
- -0.69%
- 6M
- 0.40%
- 1Y
- 3.86%
- 3Y*
- 3.62%
- 5Y*
- 0.19%
- 10Y*
- 1.99%
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MWIGX vs. TIBDX - Expense Ratio Comparison
MWIGX has a 1.87% expense ratio, which is higher than TIBDX's 0.29% expense ratio.
Return for Risk
MWIGX vs. TIBDX — Risk / Return Rank
MWIGX
TIBDX
MWIGX vs. TIBDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Investment Grade Credit Fund (MWIGX) 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.
| MWIGX | TIBDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 1.06 | +0.35 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.51 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.19 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.18 | 1.62 | +0.57 |
Martin ratioReturn relative to average drawdown | 8.06 | 5.07 | +2.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MWIGX | TIBDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.06 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.03 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.95 | -0.26 |
Correlation
The correlation between MWIGX and TIBDX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MWIGX vs. TIBDX - Dividend Comparison
MWIGX's dividend yield for the trailing twelve months is around 3.41%, less than TIBDX's 4.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWIGX Metropolitan West Investment Grade Credit Fund | 3.41% | 3.70% | 4.52% | 4.97% | 6.33% | 4.25% | 9.21% | 12.03% | 3.98% | 0.00% | 0.00% | 0.00% |
TIBDX TIAA-CREF Core Bond Fund | 4.04% | 4.34% | 3.60% | 3.22% | 2.44% | 2.39% | 4.45% | 3.09% | 2.88% | 2.93% | 3.80% | 4.68% |
Drawdowns
MWIGX vs. TIBDX - Drawdown Comparison
The maximum MWIGX drawdown since its inception was -18.32%, roughly equal to the maximum TIBDX drawdown of -18.82%. Use the drawdown chart below to compare losses from any high point for MWIGX and TIBDX.
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Drawdown Indicators
| MWIGX | TIBDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.32% | -18.82% | +0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -2.35% | -2.98% | +0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -18.32% | -18.82% | +0.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.82% | — |
Current DrawdownCurrent decline from peak | -2.10% | -2.56% | +0.46% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -2.31% | -2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 0.95% | -0.31% |
Volatility
MWIGX vs. TIBDX - Volatility Comparison
The current volatility for Metropolitan West Investment Grade Credit Fund (MWIGX) is 1.20%, while TIAA-CREF Core Bond Fund (TIBDX) has a volatility of 1.57%. This indicates that MWIGX experiences smaller price fluctuations and is considered to be less risky 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
| MWIGX | TIBDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.57% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 2.55% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 4.26% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.91% | 5.59% | -0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.78% | 4.71% | +0.07% |