QCILIX vs. QCSTPX

Last updated Jun 3, 2026

QCILIX (CREF Inflation-Linked Bond Account Class R3) and QCSTPX (CREF Total Global Stock Account Class R2) are both mutual funds - QCILIX is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 1-10 Year Index, while QCSTPX is a Global Equities fund actively managed by TIAA. QCILIX is passively managed, while QCSTPX is actively managed. Over the past year, QCILIX returned 5.13% vs 29.73% for QCSTPX. At a 0.10 correlation, their price movements are largely independent.

Performance

QCILIX vs. QCSTPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CREF Inflation-Linked Bond Account Class R3 (QCILIX) and CREF Total Global Stock Account Class R2 (QCSTPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCILIX achieves a 1.81% return, which is significantly lower than QCSTPX's 12.74% return.

QCILIX

• 1D: -0.02%
• 1M: -0.05%
• YTD: 1.81%
• 6M: 1.71%
• 1Y: 5.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QCSTPX

• 1D: 0.53%
• 1M: 5.39%
• YTD: 12.74%
• 6M: 13.56%
• 1Y: 29.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCILIX vs. QCSTPX - Yearly Performance Comparison

	2026 (YTD)	2025
QCILIX CREF Inflation-Linked Bond Account Class R3	1.81%	7.47%
QCSTPX CREF Total Global Stock Account Class R2	12.74%	20.00%

Correlation

The correlation between QCILIX and QCSTPX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.10

Return for Risk

QCILIX vs. QCSTPX — Risk / Return Rank

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

QCILIX

QCILIX Risk / Return Rank: 64
QCILIX Sharpe Ratio Rank: 48
QCILIX Sortino Ratio Rank: 57
QCILIX Omega Ratio Rank: 49
QCILIX Calmar Ratio Rank: 85
QCILIX Martin Ratio Rank: 81

QCSTPX

QCSTPX Risk / Return Rank: 63
QCSTPX Sharpe Ratio Rank: 64
QCSTPX Sortino Ratio Rank: 59
QCSTPX Omega Ratio Rank: 60
QCSTPX Calmar Ratio Rank: 63
QCSTPX Martin Ratio Rank: 70

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.

QCILIX vs. QCSTPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CREF Inflation-Linked Bond Account Class R3 (QCILIX) and CREF Total Global Stock Account Class R2 (QCSTPX). 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.

	QCILIX	QCSTPX	Difference
Sharpe ratio Return per unit of total volatility	2.04	2.36	-0.32
Sortino ratio Return per unit of downside risk	3.18	3.23	-0.05
Omega ratio Gain probability vs. loss probability	1.38	1.43	-0.05
Calmar ratio Return relative to maximum drawdown	4.05	3.04	+1.00
Martin ratio Return relative to average drawdown	15.19	13.51	+1.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QCILIX vs. QCSTPX - Sharpe Ratio Comparison

The current QCILIX Sharpe Ratio is 2.04, which is comparable to the QCSTPX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of QCILIX and QCSTPX, 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

	QCILIX	QCSTPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	2.36	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	2.27	1.59	+0.68

Drawdowns

QCILIX vs. QCSTPX - Drawdown Comparison

The maximum QCILIX drawdown since its inception was -2.14%, smaller than the maximum QCSTPX drawdown of -16.98%. Use the drawdown chart below to compare losses from any high point for QCILIX and QCSTPX.

Drawdown Indicators

	QCILIX	QCSTPX	Difference
Max Drawdown Largest peak-to-trough decline	-2.14%	-16.98%	+14.84%
Max Drawdown (1Y) Largest decline over 1 year	-1.33%	-9.95%	+8.62%
Current Drawdown Current decline from peak	-0.12%	0.00%	-0.12%
Average Drawdown Average peak-to-trough decline	-0.32%	-2.03%	+1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	2.23%	-1.87%

Volatility

QCILIX vs. QCSTPX - Volatility Comparison

The current volatility for CREF Inflation-Linked Bond Account Class R3 (QCILIX) is 0.78%, while CREF Total Global Stock Account Class R2 (QCSTPX) has a volatility of 3.75%. This indicates that QCILIX experiences smaller price fluctuations and is considered to be less risky than QCSTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCILIX	QCSTPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.78%	3.75%	-2.97%
Volatility (6M) Calculated over the trailing 6-month period	1.70%	10.26%	-8.56%
Volatility (1Y) Calculated over the trailing 1-year period	2.45%	12.87%	-10.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.95%	15.21%	-12.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.95%	15.21%	-12.26%

Dividends

QCILIX vs. QCSTPX - Dividend Comparison

Neither QCILIX nor QCSTPX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QCILIX and QCSTPX in my portfolio?

QCILIX and QCSTPX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QCILIX or QCSTPX?

QCSTPX has higher volatility (3.75%) compared to QCILIX (0.78%). In terms of maximum drawdown, QCILIX dropped -2.14% vs QCSTPX's -16.98%.

Which has better risk-adjusted returns?

QCSTPX currently has the higher Sharpe Ratio (2.36 vs 2.04), 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.