TEDNX vs. CEMB
Compare and contrast key facts about TIAA-CREF Emerging Markets Debt Fund (TEDNX) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB).
TEDNX is managed by TIAA Investments. It was launched on Sep 25, 2014. CEMB is a passively managed fund by iShares that tracks the performance of the JP Morgan CEMBI Broad Diversified. It was launched on Apr 17, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TEDNX or CEMB.
Correlation
The correlation between TEDNX and CEMB is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TEDNX vs. CEMB - Performance Comparison
Key characteristics
TEDNX:
2.90
CEMB:
1.82
TEDNX:
4.46
CEMB:
2.60
TEDNX:
1.60
CEMB:
1.34
TEDNX:
1.41
CEMB:
0.90
TEDNX:
12.66
CEMB:
7.51
TEDNX:
0.86%
CEMB:
0.89%
TEDNX:
3.78%
CEMB:
3.66%
TEDNX:
-25.65%
CEMB:
-20.84%
TEDNX:
-0.46%
CEMB:
-0.77%
Returns By Period
In the year-to-date period, TEDNX achieves a 1.65% return, which is significantly higher than CEMB's 1.14% return. Over the past 10 years, TEDNX has outperformed CEMB with an annualized return of 4.25%, while CEMB has yielded a comparatively lower 3.57% annualized return.
TEDNX
1.65%
2.01%
3.35%
11.47%
1.79%
4.25%
CEMB
1.14%
1.33%
1.55%
7.45%
1.05%
3.57%
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TEDNX vs. CEMB - Expense Ratio Comparison
TEDNX has a 0.62% expense ratio, which is higher than CEMB's 0.50% expense ratio.
Risk-Adjusted Performance
TEDNX vs. CEMB — Risk-Adjusted Performance Rank
TEDNX
CEMB
TEDNX vs. CEMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Emerging Markets Debt Fund (TEDNX) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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
TEDNX vs. CEMB - Dividend Comparison
TEDNX's dividend yield for the trailing twelve months is around 6.48%, more than CEMB's 5.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEDNX TIAA-CREF Emerging Markets Debt Fund | 6.48% | 6.59% | 5.03% | 6.15% | 4.81% | 4.27% | 5.29% | 5.59% | 5.64% | 5.34% | 5.18% | 0.56% |
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 5.14% | 5.11% | 4.77% | 4.28% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.25% | 4.76% | 4.23% |
Drawdowns
TEDNX vs. CEMB - Drawdown Comparison
The maximum TEDNX drawdown since its inception was -25.65%, which is greater than CEMB's maximum drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for TEDNX and CEMB. For additional features, visit the drawdowns tool.
Volatility
TEDNX vs. CEMB - Volatility Comparison
TIAA-CREF Emerging Markets Debt Fund (TEDNX) has a higher volatility of 0.95% compared to iShares J.P. Morgan EM Corporate Bond ETF (CEMB) at 0.82%. This indicates that TEDNX's price experiences larger fluctuations and is considered to be riskier than CEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.