QALGX vs. TILIX

Last updated Jun 5, 2026

QALGX (Federated Hermes MDT Large Cap Growth Fund Class A) and TILIX (TIAA-CREF Large-Cap Growth Index Fund) are both Large Cap Growth Equities funds. Over the past 10 years, QALGX returned 19.93%/yr vs 18.48%/yr for TILIX. Their correlation of 0.91 suggests significant overlap in exposure. QALGX charges 1.00%/yr vs 0.05%/yr for TILIX.

Performance

QALGX vs. TILIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) and TIAA-CREF Large-Cap Growth Index Fund (TILIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QALGX achieves a 8.32% return, which is significantly higher than TILIX's 7.12% return. Over the past 10 years, QALGX has outperformed TILIX with an annualized return of 19.93%, while TILIX has yielded a comparatively lower 18.48% annualized return.

QALGX

• 1D: -0.92%
• 1M: 5.42%
• YTD: 8.32%
• 6M: 9.53%
• 1Y: 25.41%
• 3Y*: 27.99%
• 5Y*: 18.27%
• 10Y*: 19.93%

TILIX

• 1D: -1.35%
• 1M: 5.11%
• YTD: 7.12%
• 6M: 6.17%
• 1Y: 25.13%
• 3Y*: 24.93%
• 5Y*: 15.36%
• 10Y*: 18.48%

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

QALGX vs. TILIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QALGX Federated Hermes MDT Large Cap Growth Fund Class A	8.32%	19.14%	40.93%	39.32%	-25.07%	30.14%	38.00%	31.73%	1.24%	25.16%
TILIX TIAA-CREF Large-Cap Growth Index Fund	7.12%	18.41%	33.31%	42.64%	-29.22%	27.63%	38.43%	36.30%	-1.66%	28.49%

Correlation

The correlation between QALGX and TILIX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.91

Over the past year, the correlation between QALGX and TILIX has dropped to 0.35 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.

Return for Risk

QALGX vs. TILIX — Risk / Return Rank

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

QALGX

QALGX Risk / Return Rank: 31
QALGX Sharpe Ratio Rank: 35
QALGX Sortino Ratio Rank: 33
QALGX Omega Ratio Rank: 41
QALGX Calmar Ratio Rank: 22
QALGX Martin Ratio Rank: 22

TILIX

TILIX Risk / Return Rank: 27
TILIX Sharpe Ratio Rank: 33
TILIX Sortino Ratio Rank: 30
TILIX Omega Ratio Rank: 30
TILIX Calmar Ratio Rank: 19
TILIX Martin Ratio Rank: 20

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.

QALGX vs. TILIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) and TIAA-CREF Large-Cap Growth Index Fund (TILIX). 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.

	QALGX	TILIX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.67	-0.03
Sortino ratio: Return per unit of downside risk	2.31	2.28	+0.03
Omega ratio: Gain probability vs. loss probability	1.33	1.29	+0.04
Calmar ratio: Return relative to maximum drawdown	1.68	1.59	+0.09
Martin ratio: Return relative to average drawdown	5.31	5.31	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QALGX vs. TILIX - Sharpe Ratio Comparison

The current QALGX Sharpe Ratio is 1.64, which is comparable to the TILIX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of QALGX and TILIX, 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

	QALGX	TILIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.67	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.72	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.88	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.61	-0.02

Drawdowns

QALGX vs. TILIX - Drawdown Comparison

The maximum QALGX drawdown since its inception was -53.63%, which is greater than TILIX's maximum drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for QALGX and TILIX.

Drawdown Indicators

	QALGX	TILIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.63%	-50.54%	-3.09%
Max Drawdown (1Y) Largest decline over 1 year	-15.86%	-16.24%	+0.38%
Max Drawdown (3Y) Largest decline over 3 years	-25.02%	-23.33%	-1.69%
Max Drawdown (5Y) Largest decline over 5 years	-30.12%	-32.68%	+2.56%
Max Drawdown (10Y) Largest decline over 10 years	-31.73%	-32.68%	+0.95%
Current Drawdown Current decline from peak	-1.21%	-1.71%	+0.50%
Average Drawdown Average peak-to-trough decline	-9.16%	-7.73%	-1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	4.84%	+0.16%

Volatility

QALGX vs. TILIX - Volatility Comparison

The current volatility for Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) is 3.40%, while TIAA-CREF Large-Cap Growth Index Fund (TILIX) has a volatility of 3.68%. This indicates that QALGX experiences smaller price fluctuations and is considered to be less risky than TILIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QALGX	TILIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	3.68%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	13.24%	11.68%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	16.22%	15.48%	+0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.14%	21.48%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.34%	21.09%	+0.25%

QALGX vs. TILIX - Expense Ratio Comparison

QALGX has a 1.00% expense ratio, which is higher than TILIX's 0.05% expense ratio.

Dividends

QALGX vs. TILIX - Dividend Comparison

QALGX's dividend yield for the trailing twelve months is around 3.16%, less than TILIX's 4.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QALGX Federated Hermes MDT Large Cap Growth Fund Class A	3.16%	3.42%	7.26%	1.59%	14.79%	20.92%	7.92%	5.33%	10.82%	7.70%	0.57%	12.13%
TILIX TIAA-CREF Large-Cap Growth Index Fund	4.12%	4.41%	3.25%	1.90%	11.00%	8.76%	1.91%	2.38%	4.01%	0.68%	1.33%	1.32%

Frequently Asked Questions

Can I hold both QALGX and TILIX in my portfolio?

QALGX and TILIX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QALGX or TILIX?

TILIX has higher volatility (3.68%) compared to QALGX (3.40%). In terms of maximum drawdown, QALGX dropped -53.63% vs TILIX's -50.54%.

Which has better risk-adjusted returns?

TILIX currently has the higher Sharpe Ratio (1.67 vs 1.64), 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.