QCSTPX vs. SSGLX

Last updated Apr 1, 2026

Compare and contrast key facts about CREF Total Global Stock Account Class R2 (QCSTPX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX).

QCSTPX is an actively managed fund by TIAA. It was launched on Apr 24, 2015. SSGLX is a passively managed fund by State Street that tracks the performance of the MSCI ACWI ex USA Investable Market Index. It was launched on Sep 17, 2014.

Performance

QCSTPX vs. SSGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CREF Total Global Stock Account Class R2 (QCSTPX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX). The values are adjusted to include any dividend payments, if applicable.

QCSTPX vs. SSGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QCSTPX CREF Total Global Stock Account Class R2	-4.79%	20.00%	0.00%
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K	-0.64%	32.64%	-0.53%

Returns By Period

In the year-to-date period, QCSTPX achieves a -4.79% return, which is significantly lower than SSGLX's -0.64% return.

QCSTPX

• 1D: -0.39%
• 1M: -9.29%
• YTD: -4.79%
• 6M: -1.68%
• 1Y: 17.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SSGLX

• 1D: 0.39%
• 1M: -10.87%
• YTD: -0.64%
• 6M: 4.10%
• 1Y: 24.88%
• 3Y*: 14.40%
• 5Y*: 6.92%
• 10Y*: 8.58%

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

QCSTPX vs. SSGLX - Expense Ratio Comparison

SSGLX

State Street Global All Cap Equity ex-U.S. Index Fund Class K

Return for Risk

QCSTPX vs. SSGLX — Risk / Return Rank

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

QCSTPX

QCSTPX Risk / Return Rank: 59
QCSTPX Sharpe Ratio Rank: 65
QCSTPX Sortino Ratio Rank: 63
QCSTPX Omega Ratio Rank: 59
QCSTPX Calmar Ratio Rank: 51
QCSTPX Martin Ratio Rank: 58

SSGLX

SSGLX Risk / Return Rank: 81
SSGLX Sharpe Ratio Rank: 82
SSGLX Sortino Ratio Rank: 82
SSGLX Omega Ratio Rank: 81
SSGLX Calmar Ratio Rank: 82
SSGLX Martin Ratio Rank: 80

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. SSGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CREF Total Global Stock Account Class R2 (QCSTPX) and State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX). 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	SSGLX	Difference
Sharpe ratio Return per unit of total volatility	1.19	1.56	-0.37
Sortino ratio Return per unit of downside risk	1.64	2.12	-0.48
Omega ratio Gain probability vs. loss probability	1.24	1.32	-0.09
Calmar ratio Return relative to maximum drawdown	1.26	2.00	-0.74
Martin ratio Return relative to average drawdown	5.66	7.90	-2.23
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. SSGLX - Sharpe Ratio Comparison

The current QCSTPX Sharpe Ratio is 1.19, which is comparable to the SSGLX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of QCSTPX and SSGLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QCSTPX	SSGLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.56	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.37	+0.39

Correlation

The correlation between QCSTPX and SSGLX is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QCSTPX vs. SSGLX - Dividend Comparison

QCSTPX has not paid dividends to shareholders, while SSGLX's dividend yield for the trailing twelve months is around 4.44%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SSGLX State Street Global All Cap Equity ex-U.S. Index Fund Class K	4.44%	4.41%	4.46%	2.98%	2.85%	4.20%	1.72%	4.80%	8.32%	3.98%	1.52%	2.09%

Drawdowns

QCSTPX vs. SSGLX - Drawdown Comparison

The maximum QCSTPX drawdown since its inception was -16.98%, smaller than the maximum SSGLX drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for QCSTPX and SSGLX.

Drawdown Indicators

	QCSTPX	SSGLX	Difference
Max Drawdown Largest peak-to-trough decline	-16.98%	-35.88%	+18.90%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	-11.22%	-0.56%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.08%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.88%	—
Current Drawdown Current decline from peak	-9.95%	-10.87%	+0.92%
Average Drawdown Average peak-to-trough decline	-2.14%	-8.32%	+6.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	2.84%	-0.08%

Volatility

QCSTPX vs. SSGLX - Volatility Comparison

The current volatility for CREF Total Global Stock Account Class R2 (QCSTPX) is 5.41%, while State Street Global All Cap Equity ex-U.S. Index Fund Class K (SSGLX) has a volatility of 6.44%. This indicates that QCSTPX experiences smaller price fluctuations and is considered to be less risky than SSGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCSTPX	SSGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	6.44%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	10.02%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	15.19%	15.49%	-0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.15%	14.49%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.15%	16.15%	-1.00%