TCIEX vs. TISPX
Compare and contrast key facts about TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) and TIAA-CREF S&P 500 Index Fund (TISPX).
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. TISPX is managed by TIAA Investments. It was launched on Oct 1, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCIEX or TISPX.
Key characteristics
| TCIEX | TISPX | |
|---|---|---|
| YTD Return | 7.04% | 27.09% |
| 1Y Return | 18.77% | 39.81% |
| 3Y Return (Ann) | 2.29% | 10.25% |
| 5Y Return (Ann) | 6.11% | 15.96% |
| 10Y Return (Ann) | 5.38% | 13.40% |
| Sharpe Ratio | 1.37 | 3.00 |
| Sortino Ratio | 1.96 | 3.84 |
| Omega Ratio | 1.24 | 1.58 |
| Calmar Ratio | 1.80 | 4.58 |
| Martin Ratio | 7.65 | 20.96 |
| Ulcer Index | 2.45% | 1.85% |
| Daily Std Dev | 13.70% | 12.88% |
| Max Drawdown | -60.62% | -55.16% |
| Current Drawdown | -6.40% | 0.00% |
Correlation
The correlation between TCIEX and TISPX 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.
Performance
TCIEX vs. TISPX - Performance Comparison
In the year-to-date period, TCIEX achieves a 7.04% return, which is significantly lower than TISPX's 27.09% return. Over the past 10 years, TCIEX has underperformed TISPX with an annualized return of 5.38%, while TISPX has yielded a comparatively higher 13.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TCIEX vs. TISPX - Expense Ratio Comparison
Both TCIEX and TISPX 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%.
Risk-Adjusted Performance
TCIEX vs. TISPX - 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 S&P 500 Index Fund (TISPX). 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. TISPX - Dividend Comparison
TCIEX's dividend yield for the trailing twelve months is around 2.94%, more than TISPX's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCIEX TIAA-CREF International Equity Index Fund Institutional Class | 2.94% | 3.14% | 2.82% | 3.02% | 1.96% | 3.08% | 3.42% | 2.78% | 2.95% | 3.05% | 3.94% | 2.83% |
TISPX TIAA-CREF S&P 500 Index Fund | 1.16% | 1.48% | 1.66% | 1.22% | 1.53% | 1.88% | 2.13% | 1.82% | 1.95% | 2.04% | 1.77% | 1.70% |
Drawdowns
TCIEX vs. TISPX - Drawdown Comparison
The maximum TCIEX drawdown since its inception was -60.62%, which is greater than TISPX's maximum drawdown of -55.16%. Use the drawdown chart below to compare losses from any high point for TCIEX and TISPX. For additional features, visit the drawdowns tool.
Volatility
TCIEX vs. TISPX - Volatility Comparison
TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) and TIAA-CREF S&P 500 Index Fund (TISPX) have volatilities of 4.01% 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.