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

Performance

TCIEX vs. TISPX - 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 S&P 500 Index Fund (TISPX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-2.19%
13.01%
TCIEX
TISPX

Returns By Period

In the year-to-date period, TCIEX achieves a 4.39% return, which is significantly lower than TISPX's 25.49% return. Over the past 10 years, TCIEX has underperformed TISPX with an annualized return of 5.06%, while TISPX has yielded a comparatively higher 13.11% annualized return.


TCIEX

YTD

4.39%

1M

-4.76%

6M

-2.60%

1Y

10.92%

5Y (annualized)

5.72%

10Y (annualized)

5.06%

TISPX

YTD

25.49%

1M

1.16%

6M

12.20%

1Y

32.12%

5Y (annualized)

15.55%

10Y (annualized)

13.11%

Key characteristics


TCIEXTISPX
Sharpe Ratio0.772.50
Sortino Ratio1.153.23
Omega Ratio1.141.48
Calmar Ratio1.183.77
Martin Ratio3.6717.13
Ulcer Index2.85%1.86%
Daily Std Dev13.56%12.73%
Max Drawdown-60.62%-55.16%
Current Drawdown-8.72%-1.36%

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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%.


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 TISPX: 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 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.

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.


Sharpe ratio
The chart of Sharpe ratio for TCIEX, currently valued at 0.77, compared to the broader market-1.000.001.002.003.004.005.000.772.50
The chart of Sortino ratio for TCIEX, currently valued at 1.15, compared to the broader market0.005.0010.001.153.23
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 market0.0020.0040.0060.0080.00100.003.6717.13
TCIEX
TISPX

The current TCIEX Sharpe Ratio is 0.77, which is lower than the TISPX Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of TCIEX and TISPX, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.77
2.50
TCIEX
TISPX

Dividends

TCIEX vs. TISPX - Dividend Comparison

TCIEX's dividend yield for the trailing twelve months is around 3.01%, more than TISPX'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%
TISPX
TIAA-CREF S&P 500 Index Fund
1.18%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.72%
-1.36%
TCIEX
TISPX

Volatility

TCIEX vs. TISPX - Volatility Comparison

The current volatility for TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) is 3.75%, while TIAA-CREF S&P 500 Index Fund (TISPX) has a volatility of 4.07%. This indicates that TCIEX experiences smaller price fluctuations and is considered to be less risky than TISPX 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%
4.07%
TCIEX
TISPX