TEDNX vs. VEGBX
Compare and contrast key facts about TIAA-CREF Emerging Markets Debt Fund (TEDNX) and Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX).
TEDNX is managed by TIAA Investments. It was launched on Sep 25, 2014. VEGBX is managed by Vanguard. It was launched on Dec 6, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TEDNX or VEGBX.
Key characteristics
| TEDNX | VEGBX | |
|---|---|---|
| YTD Return | 9.54% | 8.81% |
| 1Y Return | 17.19% | 17.23% |
| 3Y Return (Ann) | 0.80% | 1.69% |
| 5Y Return (Ann) | 2.61% | 4.64% |
| Sharpe Ratio | 3.58 | 2.89 |
| Daily Std Dev | 4.80% | 5.89% |
| Max Drawdown | -25.66% | -24.27% |
| Current Drawdown | 0.00% | -0.17% |
Correlation
The correlation between TEDNX and VEGBX is 0.90, 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
TEDNX vs. VEGBX - Performance Comparison
In the year-to-date period, TEDNX achieves a 9.54% return, which is significantly higher than VEGBX's 8.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TEDNX vs. VEGBX - Expense Ratio Comparison
TEDNX has a 0.62% expense ratio, which is higher than VEGBX's 0.40% expense ratio.
Risk-Adjusted Performance
TEDNX vs. VEGBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Emerging Markets Debt Fund (TEDNX) and Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX). 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. VEGBX - Dividend Comparison
TEDNX's dividend yield for the trailing twelve months is around 5.27%, less than VEGBX's 6.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TEDNX TIAA-CREF Emerging Markets Debt Fund | 5.27% | 5.03% | 6.15% | 4.81% | 4.27% | 5.28% | 5.58% | 7.65% | 5.56% | 5.18% | 0.55% |
VEGBX Vanguard Emerging Markets Bond Fund Admiral Shares | 6.90% | 7.20% | 5.61% | 5.35% | 4.62% | 6.42% | 5.00% | 0.39% | 0.00% | 0.00% | 0.00% |
Drawdowns
TEDNX vs. VEGBX - Drawdown Comparison
The maximum TEDNX drawdown since its inception was -25.66%, which is greater than VEGBX's maximum drawdown of -24.27%. Use the drawdown chart below to compare losses from any high point for TEDNX and VEGBX. For additional features, visit the drawdowns tool.
Volatility
TEDNX vs. VEGBX - Volatility Comparison
The current volatility for TIAA-CREF Emerging Markets Debt Fund (TEDNX) is 0.75%, while Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) has a volatility of 0.84%. This indicates that TEDNX experiences smaller price fluctuations and is considered to be less risky than VEGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.