TCIEX vs. FTIHX
Compare and contrast key facts about TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) and Fidelity Total International Index Fund (FTIHX).
TCIEX is a passively managed fund by TIAA Investments that tracks the performance of the MSCI EAFE Index. It was launched on Oct 1, 2002. FTIHX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI (All Country World Index) ex USA Investable Market Index. It was launched on Jun 7, 2016. Both TCIEX and FTIHX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCIEX or FTIHX.
Performance
TCIEX vs. FTIHX - Performance Comparison
Returns By Period
In the year-to-date period, TCIEX achieves a 4.39% return, which is significantly lower than FTIHX's 6.16% return.
TCIEX
4.39%
-4.76%
-2.60%
10.92%
5.72%
5.06%
FTIHX
6.16%
-4.32%
-0.57%
12.43%
5.29%
N/A
Key characteristics
| TCIEX | FTIHX | |
|---|---|---|
| Sharpe Ratio | 0.77 | 0.92 |
| Sortino Ratio | 1.15 | 1.37 |
| Omega Ratio | 1.14 | 1.17 |
| Calmar Ratio | 1.18 | 1.04 |
| Martin Ratio | 3.67 | 4.62 |
| Ulcer Index | 2.85% | 2.61% |
| Daily Std Dev | 13.56% | 13.12% |
| Max Drawdown | -60.62% | -35.75% |
| Current Drawdown | -8.72% | -7.37% |
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TCIEX vs. FTIHX - Expense Ratio Comparison
TCIEX has a 0.05% expense ratio, which is lower than FTIHX's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between TCIEX and FTIHX is 0.96, 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.
Risk-Adjusted Performance
TCIEX vs. FTIHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) and Fidelity Total International Index Fund (FTIHX). 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.
Dividends
TCIEX vs. FTIHX - Dividend Comparison
TCIEX's dividend yield for the trailing twelve months is around 3.01%, more than FTIHX's 2.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCIEX TIAA-CREF International Equity Index Fund Institutional Class | 3.01% | 3.14% | 2.82% | 3.02% | 1.96% | 3.08% | 3.42% | 2.78% | 2.95% | 3.05% | 3.94% | 2.83% |
FTIHX Fidelity Total International Index Fund | 2.62% | 2.78% | 2.51% | 2.55% | 1.62% | 2.61% | 2.21% | 1.36% | 0.40% | 0.00% | 0.00% | 0.00% |
Drawdowns
TCIEX vs. FTIHX - Drawdown Comparison
The maximum TCIEX drawdown since its inception was -60.62%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for TCIEX and FTIHX. For additional features, visit the drawdowns tool.
Volatility
TCIEX vs. FTIHX - Volatility Comparison
TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) and Fidelity Total International Index Fund (FTIHX) have volatilities of 3.75% and 3.67%, 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.