POMIX vs. TIBFX

Last updated Jun 5, 2026

POMIX (T. Rowe Price Total Equity Market Index Fund) and TIBFX (TIAA-CREF Core Plus Bond Fund Institutional Class) are both mutual funds - POMIX is a Large Cap Blend Equities fund managed by T. Rowe Price, while TIBFX is a Total Bond Market fund managed by TIAA Investments. Over the past 10 years, POMIX returned 14.66%/yr vs 2.29%/yr for TIBFX. At a correlation of -0.11, they often move in opposite directions. POMIX charges 0.20%/yr vs 0.30%/yr for TIBFX.

Performance

POMIX vs. TIBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Total Equity Market Index Fund (POMIX) and TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POMIX achieves a 11.19% return, which is significantly higher than TIBFX's 0.69% return. Over the past 10 years, POMIX has outperformed TIBFX with an annualized return of 14.66%, while TIBFX has yielded a comparatively lower 2.29% annualized return.

POMIX

• 1D: -0.73%
• 1M: 4.09%
• YTD: 11.19%
• 6M: 10.97%
• 1Y: 28.19%
• 3Y*: 22.01%
• 5Y*: 12.66%
• 10Y*: 14.66%

TIBFX

• 1D: -0.11%
• 1M: 0.30%
• YTD: 0.69%
• 6M: 0.86%
• 1Y: 5.37%
• 3Y*: 4.75%
• 5Y*: 0.46%
• 10Y*: 2.29%

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

POMIX vs. TIBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POMIX T. Rowe Price Total Equity Market Index Fund	11.19%	17.09%	23.48%	26.38%	-19.64%	25.39%	19.82%	30.95%	-5.57%	19.09%
TIBFX TIAA-CREF Core Plus Bond Fund Institutional Class	0.69%	7.36%	2.34%	6.66%	-13.84%	-0.32%	8.22%	9.71%	-0.53%	4.83%

Correlation

The correlation between POMIX and TIBFX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Apr 3, 2006	-0.11

The correlation between POMIX and TIBFX shifts across timeframes, from -0.11 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

POMIX vs. TIBFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

POMIX

POMIX Risk / Return Rank: 70
POMIX Sharpe Ratio Rank: 68
POMIX Sortino Ratio Rank: 66
POMIX Omega Ratio Rank: 61
POMIX Calmar Ratio Rank: 73
POMIX Martin Ratio Rank: 82

TIBFX

TIBFX Risk / Return Rank: 32
TIBFX Sharpe Ratio Rank: 32
TIBFX Sortino Ratio Rank: 36
TIBFX Omega Ratio Rank: 32
TIBFX Calmar Ratio Rank: 30
TIBFX Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

POMIX vs. TIBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Total Equity Market Index Fund (POMIX) and TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX). 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.

	POMIX	TIBFX	Difference
Sharpe ratio: Return per unit of total volatility	2.42	1.61	+0.80
Sortino ratio: Return per unit of downside risk	3.40	2.49	+0.91
Omega ratio: Gain probability vs. loss probability	1.43	1.29	+0.14
Calmar ratio: Return relative to maximum drawdown	3.31	2.01	+1.30
Martin ratio: Return relative to average drawdown	15.31	6.66	+8.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POMIX vs. TIBFX - Sharpe Ratio Comparison

The current POMIX Sharpe Ratio is 2.42, which is higher than the TIBFX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of POMIX and TIBFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	POMIX	TIBFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	1.61	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.09	+0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.50	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.84	-0.40

Drawdowns

POMIX vs. TIBFX - Drawdown Comparison

The maximum POMIX drawdown since its inception was -55.54%, which is greater than TIBFX's maximum drawdown of -18.92%. Use the drawdown chart below to compare losses from any high point for POMIX and TIBFX.

Drawdown Indicators

	POMIX	TIBFX	Difference
Max Drawdown Largest peak-to-trough decline	-55.54%	-18.92%	-36.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.83%	-2.98%	-5.85%
Max Drawdown (3Y) Largest decline over 3 years	-19.67%	-5.67%	-14.00%
Max Drawdown (5Y) Largest decline over 5 years	-25.56%	-18.92%	-6.64%
Max Drawdown (10Y) Largest decline over 10 years	-35.05%	-18.92%	-16.13%
Current Drawdown Current decline from peak	-0.73%	-1.14%	+0.41%
Average Drawdown Average peak-to-trough decline	-10.64%	-2.62%	-8.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	0.90%	+0.98%

Volatility

POMIX vs. TIBFX - Volatility Comparison

T. Rowe Price Total Equity Market Index Fund (POMIX) has a higher volatility of 3.01% compared to TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) at 1.32%. This indicates that POMIX's price experiences larger fluctuations and is considered to be riskier than TIBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POMIX	TIBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	1.32%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	2.74%	+6.84%
Volatility (1Y) Calculated over the trailing 1-year period	12.11%	3.72%	+8.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	5.43%	+12.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.52%	4.57%	+13.95%

POMIX vs. TIBFX - Expense Ratio Comparison

POMIX has a 0.20% expense ratio, which is lower than TIBFX's 0.30% expense ratio.

Dividends

POMIX vs. TIBFX - Dividend Comparison

POMIX's dividend yield for the trailing twelve months is around 1.91%, less than TIBFX's 4.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POMIX T. Rowe Price Total Equity Market Index Fund	1.91%	2.13%	1.76%	1.46%	1.49%	1.53%	1.55%	1.91%	2.89%	0.20%	2.41%	2.08%
TIBFX TIAA-CREF Core Plus Bond Fund Institutional Class	4.72%	4.55%	3.87%	3.84%	2.85%	3.76%	3.71%	3.24%	3.08%	3.16%	4.14%	3.95%

Frequently Asked Questions

Can I hold both POMIX and TIBFX in my portfolio?

POMIX and TIBFX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POMIX or TIBFX?

POMIX has higher volatility (3.01%) compared to TIBFX (1.32%). In terms of maximum drawdown, POMIX dropped -55.54% vs TIBFX's -18.92%.

Which has better risk-adjusted returns?

POMIX currently has the higher Sharpe Ratio (2.42 vs 1.61), 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.