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TCIEX vs. TIEIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TCIEX vs. TIEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) and TIAA-CREF Equity Index Fund (TIEIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-2.19%
13.51%
TCIEX
TIEIX

Returns By Period

In the year-to-date period, TCIEX achieves a 4.39% return, which is significantly lower than TIEIX's 24.77% return. Over the past 10 years, TCIEX has underperformed TIEIX with an annualized return of 5.06%, while TIEIX has yielded a comparatively higher 12.65% annualized return.


TCIEX

YTD

4.39%

1M

-4.76%

6M

-2.60%

1Y

10.92%

5Y (annualized)

5.72%

10Y (annualized)

5.06%

TIEIX

YTD

24.77%

1M

1.77%

6M

12.54%

1Y

32.60%

5Y (annualized)

14.99%

10Y (annualized)

12.65%

Key characteristics


TCIEXTIEIX
Sharpe Ratio0.772.47
Sortino Ratio1.153.19
Omega Ratio1.141.48
Calmar Ratio1.183.77
Martin Ratio3.6716.57
Ulcer Index2.85%1.94%
Daily Std Dev13.56%13.02%
Max Drawdown-60.62%-55.55%
Current Drawdown-8.72%-1.50%

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TCIEX vs. TIEIX - Expense Ratio Comparison

Both TCIEX and TIEIX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


TCIEX
TIAA-CREF International Equity Index Fund Institutional Class
Expense ratio chart for TCIEX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for TIEIX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Correlation

-0.50.00.51.00.7

The correlation between TCIEX and TIEIX 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.

Risk-Adjusted Performance

TCIEX vs. TIEIX - 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 TIAA-CREF Equity Index Fund (TIEIX). 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.


Sharpe ratio
The chart of Sharpe ratio for TCIEX, currently valued at 0.77, compared to the broader market-1.000.001.002.003.004.005.000.772.47
The chart of Sortino ratio for TCIEX, currently valued at 1.15, compared to the broader market0.005.0010.001.153.19
The chart of Omega ratio for TCIEX, currently valued at 1.14, compared to the broader market1.002.003.004.001.141.48
The chart of Calmar ratio for TCIEX, currently valued at 1.18, compared to the broader market0.005.0010.0015.0020.0025.001.183.77
The chart of Martin ratio for TCIEX, currently valued at 3.67, compared to the broader market0.0020.0040.0060.0080.00100.003.6716.57
TCIEX
TIEIX

The current TCIEX Sharpe Ratio is 0.77, which is lower than the TIEIX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of TCIEX and TIEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
0.77
2.47
TCIEX
TIEIX

Dividends

TCIEX vs. TIEIX - Dividend Comparison

TCIEX's dividend yield for the trailing twelve months is around 3.01%, more than TIEIX's 1.18% yield.


TTM20232022202120202019201820172016201520142013
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%
TIEIX
TIAA-CREF Equity Index Fund
1.18%1.47%1.58%1.21%1.44%1.79%2.04%1.70%1.98%2.07%1.82%1.69%

Drawdowns

TCIEX vs. TIEIX - Drawdown Comparison

The maximum TCIEX drawdown since its inception was -60.62%, which is greater than TIEIX's maximum drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for TCIEX and TIEIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.72%
-1.50%
TCIEX
TIEIX

Volatility

TCIEX vs. TIEIX - Volatility Comparison

The current volatility for TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) is 3.75%, while TIAA-CREF Equity Index Fund (TIEIX) has a volatility of 4.24%. This indicates that TCIEX experiences smaller price fluctuations and is considered to be less risky than TIEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.75%
4.24%
TCIEX
TIEIX