QCGLIX vs. QCILIX
QCGLIX (CREF Global Equities Account - R3) and QCILIX (CREF Inflation-Linked Bond Account Class R3) are both mutual funds - QCGLIX is a Global Equities fund tracking the MSCI ACWI NR USD, while QCILIX is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 1-10 Year Index. Both are passively managed. Over the past year, QCGLIX returned 31.37% vs 5.23% for QCILIX. At a 0.09 correlation, their price movements are largely independent. QCGLIX charges 0.24%/yr vs 0.19%/yr for QCILIX.
Performance
QCGLIX vs. QCILIX - Performance Comparison
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Returns By Period
In the year-to-date period, QCGLIX achieves a 13.34% return, which is significantly higher than QCILIX's 1.79% return.
QCGLIX
- 1D
- 0.59%
- 1M
- 6.08%
- YTD
- 13.34%
- 6M
- 13.83%
- 1Y
- 31.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QCILIX
- 1D
- -0.02%
- 1M
- -0.04%
- YTD
- 1.79%
- 6M
- 1.56%
- 1Y
- 5.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QCGLIX vs. QCILIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QCGLIX CREF Global Equities Account - R3 | 13.34% | 20.08% |
QCILIX CREF Inflation-Linked Bond Account Class R3 | 1.79% | 7.47% |
Correlation
The correlation between QCGLIX and QCILIX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025 | 0.09 |
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Return for Risk
QCGLIX vs. QCILIX — Risk / Return Rank
QCGLIX
QCILIX
QCGLIX vs. QCILIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CREF Global Equities Account - R3 (QCGLIX) and CREF Inflation-Linked Bond Account Class R3 (QCILIX). 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.
| QCGLIX | QCILIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.40 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.10 | 3.86 | -0.77 |
| Martin ratioReturn relative to average drawdown | 13.83 | 14.48 | -0.65 |
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
| QCGLIX | QCILIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.11 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.56 | 2.26 | -0.70 |
Drawdowns
QCGLIX vs. QCILIX - Drawdown Comparison
The maximum QCGLIX drawdown since its inception was -18.15%, which is greater than QCILIX's maximum drawdown of -2.14%. Use the drawdown chart below to compare losses from any high point for QCGLIX and QCILIX.
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Drawdown Indicators
| QCGLIX | QCILIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.15% | -2.14% | -16.01% |
Max Drawdown (1Y)Largest decline over 1 year | -10.29% | -1.33% | -8.96% |
Current DrawdownCurrent decline from peak | 0.00% | -0.14% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -2.22% | -0.32% | -1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 0.36% | +1.93% |
Volatility
QCGLIX vs. QCILIX - Volatility Comparison
CREF Global Equities Account - R3 (QCGLIX) has a higher volatility of 3.92% compared to CREF Inflation-Linked Bond Account Class R3 (QCILIX) at 0.77%. This indicates that QCGLIX's price experiences larger fluctuations and is considered to be riskier than QCILIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QCGLIX | QCILIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.92% | 0.77% | +3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 1.69% | +8.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.30% | 2.45% | +10.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.89% | 2.95% | +12.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.89% | 2.95% | +12.94% |
QCGLIX vs. QCILIX - Expense Ratio Comparison
QCGLIX has a 0.24% expense ratio, which is higher than QCILIX's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QCGLIX vs. QCILIX - Dividend Comparison
Neither QCGLIX nor QCILIX has paid dividends to shareholders.
Frequently Asked Questions
QCGLIX and QCILIX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QCGLIX has higher volatility (3.92%) compared to QCILIX (0.77%). In terms of maximum drawdown, QCGLIX dropped -18.15% vs QCILIX's -2.14%.
QCGLIX currently has the higher Sharpe Ratio (2.40 vs 2.11), 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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