NAESX vs. TISCX

Last updated Aug 1, 2026

NAESX (Vanguard Small Cap Index Fund) and TISCX (TIAA-CREF Social Choice Equity Fund) are both mutual funds - NAESX is a Small Cap Blend Equities fund managed by Vanguard, while TISCX is a Large Cap Blend Equities fund managed by TIAA. Over the past 10 years, NAESX returned 10.81%/yr vs 13.80%/yr for TISCX. Their correlation of 0.90 means they have usually moved in the same direction. Both charge a 0.17% expense ratio.

Performance

NAESX vs. TISCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Small Cap Index Fund (NAESX) and TIAA-CREF Social Choice Equity Fund (TISCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NAESX achieves a 15.36% return, which is significantly higher than TISCX's 11.18% return. Over the past 10 years, NAESX has underperformed TISCX with an annualized return of 10.81%, while TISCX has yielded a comparatively higher 13.80% annualized return.

NAESX

• 1D: 0.91%
• 1M: -1.58%
• 6M: 10.29%
• YTD: 15.36%
• 1Y: 25.98%
• 3Y*: 13.81%
• 5Y*: 7.35%
• 10Y*: 10.81%
• ALL TIME*: 9.36%

TISCX

• 1D: 1.02%
• 1M: -1.25%
• 6M: 9.45%
• YTD: 11.18%
• 1Y: 18.66%
• 3Y*: 17.38%
• 5Y*: 10.65%
• 10Y*: 13.80%
• ALL TIME*: 8.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NAESX Vanguard Small Cap Index Fund	$0.00	$0.00	$0.00
TISCX TIAA-CREF Social Choice Equity Fund	$0.00	$0.00	$0.00

NAESX vs. TISCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAESX Vanguard Small Cap Index Fund	15.36%	8.71%	12.83%	19.35%	-17.71%	17.60%	18.92%	27.22%	-9.44%	16.10%
TISCX TIAA-CREF Social Choice Equity Fund	11.18%	16.51%	18.23%	22.53%	-17.80%	26.54%	20.34%	31.55%	-5.74%	19.01%

Correlation

The correlation between NAESX and TISCX is 0.83, 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.	0.83
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Jun 14, 1999	0.90

The correlation between NAESX and TISCX has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.

Return for Risk

NAESX vs. TISCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NAESX

NAESX Risk / Return Rank: 64
NAESX Sharpe Ratio Rank: 56
NAESX Sortino Ratio Rank: 58
NAESX Omega Ratio Rank: 51
NAESX Calmar Ratio Rank: 79
NAESX Martin Ratio Rank: 78

TISCX

TISCX Risk / Return Rank: 47
TISCX Sharpe Ratio Rank: 43
TISCX Sortino Ratio Rank: 41
TISCX Omega Ratio Rank: 38
TISCX Calmar Ratio Rank: 53
TISCX Martin Ratio Rank: 58

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NAESX vs. TISCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Small Cap Index Fund (NAESX) and TIAA-CREF Social Choice Equity Fund (TISCX). 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.

	NAESX	TISCX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	1.20	+0.18
Sortino ratio: Return per unit of downside risk	2.04	1.72	+0.32
Omega ratio: Gain probability vs. loss probability	1.24	1.21	+0.03
Calmar ratio: Return relative to maximum drawdown	2.54	1.86	+0.68
Martin ratio: Return relative to average drawdown	9.32	7.45	+1.87

NAESX vs. TISCX - Sharpe Ratio Comparison

The current NAESX Sharpe Ratio is 1.39, which is comparable to the TISCX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of NAESX and TISCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NAESX vs. TISCX - Drawdown Comparison

The maximum NAESX drawdown since its inception was -59.77%, which is greater than TISCX's maximum drawdown of -54.65%. Use the drawdown chart below to compare losses from any high point for NAESX and TISCX.

Drawdown Indicators

	NAESX	TISCX	Difference
Max Drawdown Largest peak-to-trough decline	-59.77%	-54.65%	-5.12%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	-8.76%	-0.22%
Max Drawdown (3Y) Largest decline over 3 years	-25.28%	-28.29%	+3.01%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-28.29%	+0.10%
Max Drawdown (10Y) Largest decline over 10 years	-41.82%	-34.89%	-6.93%
Current Drawdown Current decline from peak	-2.36%	-2.50%	+0.14%
Average Drawdown Average peak-to-trough decline	-11.79%	-10.04%	-1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.19%	+0.27%

Volatility

NAESX vs. TISCX - Volatility Comparison

Vanguard Small Cap Index Fund (NAESX) and TIAA-CREF Social Choice Equity Fund (TISCX) have volatilities of 3.31% and 3.21%, 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.

Volatility by Period

	NAESX	TISCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.21%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	11.97%	10.63%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	16.47%	13.57%	+2.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.67%	19.41%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.55%	19.37%	+2.18%

NAESX vs. TISCX - Expense Ratio Comparison

Both NAESX and TISCX have an expense ratio of 0.17%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

NAESX vs. TISCX - Dividend Comparison

NAESX's dividend yield for the trailing twelve months is around 1.10%, less than TISCX's 6.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NAESX Vanguard Small Cap Index Fund	1.10%	1.22%	1.19%	1.43%	1.41%	1.12%	1.05%	1.27%	1.53%	1.24%	1.39%	1.35%
TISCX TIAA-CREF Social Choice Equity Fund	6.97%	7.75%	16.74%	5.64%	4.99%	9.46%	1.38%	4.84%	9.85%	2.38%	6.84%	3.51%

Frequently Asked Questions

Can I hold both NAESX and TISCX in my portfolio?

NAESX and TISCX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NAESX or TISCX?

NAESX has higher volatility (3.31%) compared to TISCX (3.21%). In terms of maximum drawdown, NAESX dropped -59.77% vs TISCX's -54.65%.

Which has better risk-adjusted returns?

NAESX currently has the higher Sharpe Ratio (1.39 vs 1.20), 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.