TIBDX vs. IGIB
Compare and contrast key facts about TIAA-CREF Core Bond Fund (TIBDX) and iShares Intermediate-Term Corporate Bond ETF (IGIB).
TIBDX is managed by TIAA Investments. It was launched on Jul 1, 1999. IGIB is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays U.S. Intermediate Credit Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIBDX or IGIB.
Correlation
The correlation between TIBDX and IGIB is 0.76, 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
TIBDX vs. IGIB - Performance Comparison
Key characteristics
TIBDX:
0.29
IGIB:
0.52
TIBDX:
0.43
IGIB:
0.76
TIBDX:
1.05
IGIB:
1.09
TIBDX:
0.12
IGIB:
0.27
TIBDX:
0.85
IGIB:
1.83
TIBDX:
1.77%
IGIB:
1.54%
TIBDX:
5.25%
IGIB:
5.39%
TIBDX:
-19.54%
IGIB:
-20.63%
TIBDX:
-8.62%
IGIB:
-4.89%
Returns By Period
In the year-to-date period, TIBDX achieves a 1.71% return, which is significantly lower than IGIB's 3.28% return. Over the past 10 years, TIBDX has underperformed IGIB with an annualized return of 1.41%, while IGIB has yielded a comparatively higher 2.51% annualized return.
TIBDX
1.71%
-1.85%
1.32%
1.83%
-0.37%
1.41%
IGIB
3.28%
-1.34%
2.91%
3.08%
0.87%
2.51%
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TIBDX vs. IGIB - Expense Ratio Comparison
TIBDX has a 0.29% expense ratio, which is higher than IGIB's 0.06% expense ratio.
Risk-Adjusted Performance
TIBDX vs. IGIB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Core Bond Fund (TIBDX) and iShares Intermediate-Term Corporate Bond ETF (IGIB). 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
TIBDX vs. IGIB - Dividend Comparison
TIBDX's dividend yield for the trailing twelve months is around 3.94%, less than IGIB's 4.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIBDX TIAA-CREF Core Bond Fund | 3.94% | 3.88% | 2.99% | 2.00% | 2.43% | 2.89% | 3.15% | 2.86% | 2.86% | 2.66% | 2.32% | 2.47% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 4.42% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% | 2.46% | 2.72% |
Drawdowns
TIBDX vs. IGIB - Drawdown Comparison
The maximum TIBDX drawdown since its inception was -19.54%, smaller than the maximum IGIB drawdown of -20.63%. Use the drawdown chart below to compare losses from any high point for TIBDX and IGIB. For additional features, visit the drawdowns tool.
Volatility
TIBDX vs. IGIB - Volatility Comparison
The current volatility for TIAA-CREF Core Bond Fund (TIBDX) is 1.20%, while iShares Intermediate-Term Corporate Bond ETF (IGIB) has a volatility of 1.53%. This indicates that TIBDX experiences smaller price fluctuations and is considered to be less risky than IGIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.