TGCEX vs. TGCFX
TGCEX (TCW Select Equities Fund) and TGCFX (TCW Core Fixed Income Fund) are both mutual funds - TGCEX is a Large Cap Growth Equities fund managed by TCW, while TGCFX is a Intermediate Core Bond fund managed by TCW. Over the past 10 years, TGCEX returned 14.83%/yr vs 1.37%/yr for TGCFX. Their -0.06 correlation means they have often moved in opposite directions in the past. TGCEX charges 0.77%/yr vs 0.49%/yr for TGCFX.
Performance
TGCEX vs. TGCFX - Performance Comparison
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Returns By Period
In the year-to-date period, TGCEX achieves a 0.07% return, which is significantly higher than TGCFX's -0.53% return. Over the past 10 years, TGCEX has outperformed TGCFX with an annualized return of 14.83%, while TGCFX has yielded a comparatively lower 1.37% annualized return.
TGCEX
- 1D
- 2.15%
- 1M
- -1.25%
- 6M
- 1.42%
- YTD
- 0.07%
- 1Y
- 1.96%
- 3Y*
- 16.21%
- 5Y*
- 6.75%
- 10Y*
- 14.83%
- ALL TIME*
- 8.67%
TGCFX
- 1D
- 0.11%
- 1M
- -0.84%
- 6M
- -0.79%
- YTD
- -0.53%
- 1Y
- 2.02%
- 3Y*
- 3.65%
- 5Y*
- -0.72%
- 10Y*
- 1.37%
- ALL TIME*
- 3.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TGCEX vs. TGCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGCEX TCW Select Equities Fund | 0.07% | 10.77% | 30.65% | 44.34% | -36.51% | 25.84% | 39.32% | 36.03% | 2.42% | 32.85% |
TGCFX TCW Core Fixed Income Fund | -0.53% | 7.51% | 0.75% | 5.61% | -14.25% | -1.27% | 8.79% | 8.75% | 0.09% | 3.23% |
Correlation
The correlation between TGCEX and TGCFX is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1994 | -0.06 |
The correlation between TGCEX and TGCFX shifts across timeframes, from -0.06 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TGCEX vs. TGCFX — Risk / Return Rank
TGCEX
TGCFX
TGCEX vs. TGCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Select Equities Fund (TGCEX) and TCW Core Fixed Income Fund (TGCFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TGCEX | TGCFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.13 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.98 | -0.98 |
| Martin ratioReturn relative to average drawdown | -0.02 | 2.40 | -2.42 |
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Drawdowns
TGCEX vs. TGCFX - Drawdown Comparison
The maximum TGCEX drawdown since its inception was -63.61%, which is greater than TGCFX's maximum drawdown of -19.37%. Use the drawdown chart below to compare losses from any high point for TGCEX and TGCFX.
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Drawdown Indicators
| TGCEX | TGCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.61% | -19.37% | -44.24% |
Max Drawdown (1Y)Largest decline over 1 year | -20.31% | -3.15% | -17.16% |
Max Drawdown (3Y)Largest decline over 3 years | -22.62% | -5.92% | -16.70% |
Max Drawdown (5Y)Largest decline over 5 years | -42.96% | -19.37% | -23.59% |
Max Drawdown (10Y)Largest decline over 10 years | -42.96% | -19.37% | -23.59% |
Current DrawdownCurrent decline from peak | -6.50% | -3.72% | -2.78% |
Average DrawdownAverage peak-to-trough decline | -16.64% | -3.61% | -13.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.58% | 1.27% | +6.31% |
Volatility
TGCEX vs. TGCFX - Volatility Comparison
TCW Select Equities Fund (TGCEX) has a higher volatility of 4.71% compared to TCW Core Fixed Income Fund (TGCFX) at 1.08%. This indicates that TGCEX's price experiences larger fluctuations and is considered to be riskier than TGCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGCEX | TGCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.71% | 1.08% | +3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 3.14% | +10.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.67% | 4.06% | +13.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.29% | 6.57% | +16.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.57% | 5.23% | +17.34% |
TGCEX vs. TGCFX - Expense Ratio Comparison
TGCEX has a 0.77% expense ratio, which is higher than TGCFX's 0.49% expense ratio.
Dividends
TGCEX vs. TGCFX - Dividend Comparison
TGCEX's dividend yield for the trailing twelve months is around 12.58%, more than TGCFX's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGCEX TCW Select Equities Fund | 12.58% | 12.58% | 15.71% | 12.24% | 20.14% | 12.87% | 7.11% | 9.06% | 16.70% | 26.37% | 6.68% | 7.52% |
TGCFX TCW Core Fixed Income Fund | 4.08% | 4.51% | 4.34% | 3.66% | 2.22% | 1.56% | 4.14% | 2.63% | 2.57% | 2.17% | 2.95% | 2.59% |
Frequently Asked Questions
TGCEX and TGCFX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGCEX has higher volatility (4.71%) compared to TGCFX (1.08%). In terms of maximum drawdown, TGCEX dropped -63.61% vs TGCFX's -19.37%.
TGCFX currently has the higher Sharpe Ratio (0.76 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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