TEQLX vs. VEMAX
Compare and contrast key facts about TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX).
TEQLX is managed by TIAA Investments. It was launched on Aug 30, 2010. VEMAX is managed by Vanguard. It was launched on Jun 23, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TEQLX or VEMAX.
Key characteristics
| TEQLX | VEMAX | |
|---|---|---|
| YTD Return | 12.33% | 15.32% |
| 1Y Return | 20.73% | 23.38% |
| 3Y Return (Ann) | -1.74% | 0.23% |
| 5Y Return (Ann) | 3.21% | 4.79% |
| 10Y Return (Ann) | 3.51% | 3.97% |
| Sharpe Ratio | 1.33 | 1.77 |
| Sortino Ratio | 1.88 | 2.51 |
| Omega Ratio | 1.25 | 1.31 |
| Calmar Ratio | 0.66 | 0.91 |
| Martin Ratio | 7.14 | 9.57 |
| Ulcer Index | 2.77% | 2.35% |
| Daily Std Dev | 14.89% | 12.69% |
| Max Drawdown | -39.33% | -66.45% |
| Current Drawdown | -15.54% | -7.00% |
Correlation
The correlation between TEQLX and VEMAX is 0.98, 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
TEQLX vs. VEMAX - Performance Comparison
In the year-to-date period, TEQLX achieves a 12.33% return, which is significantly lower than VEMAX's 15.32% return. Over the past 10 years, TEQLX has underperformed VEMAX with an annualized return of 3.51%, while VEMAX has yielded a comparatively higher 3.97% 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. VEMAX - Expense Ratio Comparison
TEQLX has a 0.19% expense ratio, which is higher than VEMAX's 0.14% 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. VEMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX). 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. VEMAX - Dividend Comparison
TEQLX's dividend yield for the trailing twelve months is around 2.74%, more than VEMAX's 2.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEQLX TIAA-CREF Emerging Markets Equity Index Fund | 2.74% | 3.08% | 2.51% | 2.27% | 2.04% | 2.77% | 2.43% | 1.98% | 1.87% | 2.40% | 2.16% | 1.89% |
VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares | 2.51% | 3.46% | 4.05% | 2.57% | 1.87% | 3.19% | 2.85% | 2.30% | 2.51% | 3.25% | 2.86% | 2.76% |
Drawdowns
TEQLX vs. VEMAX - Drawdown Comparison
The maximum TEQLX drawdown since its inception was -39.33%, smaller than the maximum VEMAX drawdown of -66.45%. Use the drawdown chart below to compare losses from any high point for TEQLX and VEMAX. For additional features, visit the drawdowns tool.
Volatility
TEQLX vs. VEMAX - Volatility Comparison
TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) has a higher volatility of 4.37% compared to Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) at 4.16%. This indicates that TEQLX's price experiences larger fluctuations and is considered to be riskier than VEMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.