TEQLX vs. TIEIX
Compare and contrast key facts about TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) and TIAA-CREF Equity Index Fund (TIEIX).
TEQLX is managed by TIAA Investments. It was launched on Aug 30, 2010. TIEIX is managed by TIAA Investments. It was launched on Jul 1, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TEQLX or TIEIX.
Key characteristics
| TEQLX | TIEIX | |
|---|---|---|
| YTD Return | 11.37% | 26.67% |
| 1Y Return | 19.10% | 38.76% |
| 3Y Return (Ann) | -2.47% | 9.04% |
| 5Y Return (Ann) | 3.44% | 15.48% |
| 10Y Return (Ann) | 3.43% | 12.95% |
| Sharpe Ratio | 1.32 | 3.10 |
| Sortino Ratio | 1.87 | 3.95 |
| Omega Ratio | 1.25 | 1.61 |
| Calmar Ratio | 0.66 | 4.78 |
| Martin Ratio | 7.06 | 21.20 |
| Ulcer Index | 2.79% | 1.93% |
| Daily Std Dev | 14.91% | 13.12% |
| Max Drawdown | -39.33% | -55.55% |
| Current Drawdown | -16.26% | 0.00% |
Correlation
The correlation between TEQLX and TIEIX is 0.70, 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
TEQLX vs. TIEIX - Performance Comparison
In the year-to-date period, TEQLX achieves a 11.37% return, which is significantly lower than TIEIX's 26.67% return. Over the past 10 years, TEQLX has underperformed TIEIX with an annualized return of 3.43%, while TIEIX has yielded a comparatively higher 12.95% annualized 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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TEQLX vs. TIEIX - Expense Ratio Comparison
TEQLX has a 0.19% expense ratio, which is higher than TIEIX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TEQLX vs. TIEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) 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.
Dividends
TEQLX vs. TIEIX - Dividend Comparison
TEQLX's dividend yield for the trailing twelve months is around 2.77%, more than TIEIX's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEQLX TIAA-CREF Emerging Markets Equity Index Fund | 2.77% | 3.08% | 2.51% | 2.27% | 2.04% | 2.77% | 2.43% | 1.98% | 1.87% | 2.40% | 2.16% | 1.89% |
TIEIX TIAA-CREF Equity Index Fund | 1.16% | 1.47% | 1.58% | 1.21% | 1.44% | 1.79% | 2.04% | 1.70% | 1.98% | 2.07% | 1.82% | 1.69% |
Drawdowns
TEQLX vs. TIEIX - Drawdown Comparison
The maximum TEQLX drawdown since its inception was -39.33%, smaller than the maximum TIEIX drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for TEQLX and TIEIX. For additional features, visit the drawdowns tool.
Volatility
TEQLX vs. TIEIX - Volatility Comparison
TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) has a higher volatility of 4.37% compared to TIAA-CREF Equity Index Fund (TIEIX) at 4.01%. This indicates that TEQLX's price experiences larger fluctuations and is considered to be riskier than TIEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.