QCSTPX vs. QCGLIX

Last updated Jun 4, 2026

QCSTPX (CREF Total Global Stock Account Class R2) and QCGLIX (CREF Global Equities Account - R3) are both Global Equities funds from TIAA. QCSTPX is actively managed, while QCGLIX is passively managed. Over the past year, QCSTPX returned 29.73% vs 31.37% for QCGLIX. With a 0.99 correlation, they move nearly in lockstep.

Performance

QCSTPX vs. QCGLIX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with QCSTPX having a 12.74% return and QCGLIX slightly higher at 13.34%.

QCSTPX

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

QCGLIX

• 1D: 0.59%
• 1M: 6.08%
• YTD: 13.34%
• 6M: 13.83%
• 1Y: 31.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCSTPX vs. QCGLIX - Yearly Performance Comparison

	2026 (YTD)	2025
QCSTPX CREF Total Global Stock Account Class R2	12.74%	20.00%
QCGLIX CREF Global Equities Account - R3	13.34%	20.08%

Correlation

The correlation between QCSTPX and QCGLIX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.99

The correlation between QCSTPX and QCGLIX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

QCSTPX vs. QCGLIX — Risk / Return Rank

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

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

QCGLIX

QCGLIX Risk / Return Rank: 66
QCGLIX Sharpe Ratio Rank: 67
QCGLIX Sortino Ratio Rank: 61
QCGLIX Omega Ratio Rank: 62
QCGLIX Calmar Ratio Rank: 65
QCGLIX Martin Ratio Rank: 73

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. QCGLIX - Risk-Adjusted Trends Comparison

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

	QCSTPX	QCGLIX	Difference
Sharpe ratio Return per unit of total volatility	2.36	2.40	-0.04
Sortino ratio Return per unit of downside risk	3.23	3.28	-0.04
Omega ratio Gain probability vs. loss probability	1.43	1.44	-0.01
Calmar ratio Return relative to maximum drawdown	3.04	3.10	-0.05
Martin ratio Return relative to average drawdown	13.51	13.83	-0.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QCSTPX vs. QCGLIX - Sharpe Ratio Comparison

The current QCSTPX Sharpe Ratio is 2.36, which is comparable to the QCGLIX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of QCSTPX and QCGLIX, 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

	QCSTPX	QCGLIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	2.40	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	1.59	1.56	+0.03

Drawdowns

QCSTPX vs. QCGLIX - Drawdown Comparison

The maximum QCSTPX drawdown since its inception was -16.98%, smaller than the maximum QCGLIX drawdown of -18.15%. Use the drawdown chart below to compare losses from any high point for QCSTPX and QCGLIX.

Drawdown Indicators

	QCSTPX	QCGLIX	Difference
Max Drawdown Largest peak-to-trough decline	-16.98%	-18.15%	+1.17%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-10.29%	+0.34%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.03%	-2.22%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.29%	-0.06%

Volatility

QCSTPX vs. QCGLIX - Volatility Comparison

CREF Total Global Stock Account Class R2 (QCSTPX) and CREF Global Equities Account - R3 (QCGLIX) have volatilities of 3.75% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCSTPX	QCGLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	3.92%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	10.64%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	12.87%	13.30%	-0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.21%	15.89%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.21%	15.89%	-0.68%

Dividends

QCSTPX vs. QCGLIX - Dividend Comparison

Neither QCSTPX nor QCGLIX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QCSTPX and QCGLIX in my portfolio?

With a correlation of 0.99, QCSTPX and QCGLIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QCSTPX or QCGLIX?

QCGLIX has higher volatility (3.92%) compared to QCSTPX (3.75%). In terms of maximum drawdown, QCSTPX dropped -16.98% vs QCGLIX's -18.15%.

Which has better risk-adjusted returns?

QCGLIX currently has the higher Sharpe Ratio (2.40 vs 2.36), 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.