QCSTPX vs. LVAFX

Last updated Jun 25, 2026

QCSTPX (CREF Total Global Stock Account Class R2) and LVAFX (LSV Global Managed Volatility Fund) are both Global Equities funds. Over the past year, QCSTPX returned 24.26% vs 21.22% for LVAFX. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

QCSTPX vs. LVAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CREF Total Global Stock Account Class R2 (QCSTPX) and LSV Global Managed Volatility Fund (LVAFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with QCSTPX having a 10.21% return and LVAFX slightly lower at 10.01%.

QCSTPX

• 1D: -2.09%
• 1M: 0.13%
• YTD: 10.21%
• 6M: 9.33%
• 1Y: 24.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LVAFX

• 1D: 0.08%
• 1M: -2.46%
• YTD: 10.01%
• 6M: 9.37%
• 1Y: 21.22%
• 3Y*: 13.19%
• 5Y*: 8.02%
• 10Y*: 8.10%

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

QCSTPX vs. LVAFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QCSTPX CREF Total Global Stock Account Class R2	10.21%	20.00%	0.00%
LVAFX LSV Global Managed Volatility Fund	10.01%	22.33%	-0.86%

Correlation

The correlation between QCSTPX and LVAFX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	0.65

The correlation between QCSTPX and LVAFX has been stable across timeframes, ranging from 0.65 to 0.66 - a consistent structural relationship.

Return for Risk

QCSTPX vs. LVAFX — Risk / Return Rank

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

QCSTPX

QCSTPX Risk / Return Rank: 56
QCSTPX Sharpe Ratio Rank: 54
QCSTPX Sortino Ratio Rank: 50
QCSTPX Omega Ratio Rank: 53
QCSTPX Calmar Ratio Rank: 56
QCSTPX Martin Ratio Rank: 65

LVAFX

LVAFX Risk / Return Rank: 86
LVAFX Sharpe Ratio Rank: 88
LVAFX Sortino Ratio Rank: 87
LVAFX Omega Ratio Rank: 81
LVAFX Calmar Ratio Rank: 88
LVAFX Martin Ratio Rank: 86

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.

QCSTPX vs. LVAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CREF Total Global Stock Account Class R2 (QCSTPX) and LSV Global Managed Volatility Fund (LVAFX). 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.

	QCSTPX	LVAFX	Difference
Sharpe ratio: Return per unit of total volatility	1.90	2.56	-0.66
Sortino ratio: Return per unit of downside risk	2.60	3.71	-1.11
Omega ratio: Gain probability vs. loss probability	1.35	1.46	-0.12
Calmar ratio: Return relative to maximum drawdown	2.63	3.87	-1.24
Martin ratio: Return relative to average drawdown	11.40	14.33	-2.93

QCSTPX vs. LVAFX - Sharpe Ratio Comparison

The current QCSTPX Sharpe Ratio is 1.90, which is comparable to the LVAFX Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of QCSTPX and LVAFX, 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

QCSTPX vs. LVAFX - Drawdown Comparison

The maximum QCSTPX drawdown since its inception was -16.98%, smaller than the maximum LVAFX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for QCSTPX and LVAFX.

Drawdown Indicators

	QCSTPX	LVAFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.98%	-33.69%	+16.71%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-5.76%	-4.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.69%	—
Current Drawdown Current decline from peak	-2.24%	-3.45%	+1.21%
Average Drawdown Average peak-to-trough decline	-2.01%	-4.74%	+2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	1.55%	+0.74%

Volatility

QCSTPX vs. LVAFX - Volatility Comparison

CREF Total Global Stock Account Class R2 (QCSTPX) has a higher volatility of 5.79% compared to LSV Global Managed Volatility Fund (LVAFX) at 2.68%. This indicates that QCSTPX's price experiences larger fluctuations and is considered to be riskier than LVAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCSTPX	LVAFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	2.68%	+3.11%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	6.48%	+4.99%
Volatility (1Y) Calculated over the trailing 1-year period	13.83%	8.73%	+5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.58%	13.24%	+2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.58%	13.55%	+2.03%

Dividends

QCSTPX vs. LVAFX - Dividend Comparison

QCSTPX has not paid dividends to shareholders, while LVAFX's dividend yield for the trailing twelve months is around 9.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LVAFX LSV Global Managed Volatility Fund	9.25%	10.17%	2.71%	15.64%	2.90%	2.90%	2.14%	7.62%	3.59%	7.10%	1.66%	1.74%
QCSTPX CREF Total Global Stock Account Class R2	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QCSTPX and LVAFX in my portfolio?

QCSTPX and LVAFX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QCSTPX or LVAFX?

QCSTPX has higher volatility (5.79%) compared to LVAFX (2.68%). In terms of maximum drawdown, QCSTPX dropped -16.98% vs LVAFX's -33.69%.

Which has better risk-adjusted returns?

LVAFX currently has the higher Sharpe Ratio (2.56 vs 1.90), 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.