TIBDX vs. PIMIX
Compare and contrast key facts about TIAA-CREF Core Bond Fund (TIBDX) and PIMCO Income Fund Institutional Class (PIMIX).
TIBDX is managed by TIAA Investments. It was launched on Jul 1, 1999. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIBDX or PIMIX.
Correlation
The correlation between TIBDX and PIMIX is -0.17. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TIBDX vs. PIMIX - Performance Comparison
Key characteristics
TIBDX:
1.38
PIMIX:
2.11
TIBDX:
2.04
PIMIX:
3.22
TIBDX:
1.25
PIMIX:
1.42
TIBDX:
0.56
PIMIX:
3.11
TIBDX:
3.89
PIMIX:
9.40
TIBDX:
1.84%
PIMIX:
0.92%
TIBDX:
5.17%
PIMIX:
4.13%
TIBDX:
-19.54%
PIMIX:
-13.39%
TIBDX:
-5.90%
PIMIX:
-0.93%
Returns By Period
In the year-to-date period, TIBDX achieves a 2.00% return, which is significantly lower than PIMIX's 2.62% return. Over the past 10 years, TIBDX has underperformed PIMIX with an annualized return of 1.49%, while PIMIX has yielded a comparatively higher 4.34% annualized return.
TIBDX
2.00%
0.26%
1.76%
7.76%
-0.10%
1.49%
PIMIX
2.62%
0.14%
3.45%
9.32%
4.90%
4.34%
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TIBDX vs. PIMIX - Expense Ratio Comparison
TIBDX has a 0.29% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
TIBDX vs. PIMIX — Risk-Adjusted Performance Rank
TIBDX
PIMIX
TIBDX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Core Bond Fund (TIBDX) and PIMCO Income Fund Institutional Class (PIMIX). 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. PIMIX - Dividend Comparison
TIBDX's dividend yield for the trailing twelve months is around 4.35%, less than PIMIX's 6.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIBDX TIAA-CREF Core Bond Fund | 4.35% | 4.33% | 3.88% | 2.99% | 2.00% | 2.43% | 2.89% | 3.15% | 2.86% | 2.86% | 2.66% | 2.32% |
PIMIX PIMCO Income Fund Institutional Class | 6.21% | 6.27% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% |
Drawdowns
TIBDX vs. PIMIX - Drawdown Comparison
The maximum TIBDX drawdown since its inception was -19.54%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for TIBDX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
TIBDX vs. PIMIX - Volatility Comparison
TIAA-CREF Core Bond Fund (TIBDX) has a higher volatility of 2.14% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.97%. This indicates that TIBDX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.