TIBFX vs. BND
Compare and contrast key facts about TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) and Vanguard Total Bond Market ETF (BND).
TIBFX is managed by TIAA Investments. It was launched on Mar 31, 2006. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIBFX or BND.
Key characteristics
| TIBFX | BND | |
|---|---|---|
| YTD Return | 3.80% | 2.21% |
| 1Y Return | 10.55% | 8.50% |
| 3Y Return (Ann) | -1.66% | -2.17% |
| 5Y Return (Ann) | 0.46% | -0.09% |
| 10Y Return (Ann) | 1.73% | 1.47% |
| Sharpe Ratio | 1.97 | 1.50 |
| Sortino Ratio | 2.96 | 2.21 |
| Omega Ratio | 1.36 | 1.26 |
| Calmar Ratio | 0.71 | 0.55 |
| Martin Ratio | 8.11 | 5.32 |
| Ulcer Index | 1.32% | 1.63% |
| Daily Std Dev | 5.42% | 5.81% |
| Max Drawdown | -19.55% | -18.84% |
| Current Drawdown | -6.05% | -8.62% |
Correlation
The correlation between TIBFX and BND is 0.83, 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
TIBFX vs. BND - Performance Comparison
In the year-to-date period, TIBFX achieves a 3.80% return, which is significantly higher than BND's 2.21% return. Over the past 10 years, TIBFX has outperformed BND with an annualized return of 1.73%, while BND has yielded a comparatively lower 1.47% 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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TIBFX vs. BND - Expense Ratio Comparison
TIBFX has a 0.30% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
TIBFX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) and Vanguard Total Bond Market ETF (BND). 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
TIBFX vs. BND - Dividend Comparison
TIBFX's dividend yield for the trailing twelve months is around 4.52%, more than BND's 3.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIBFX TIAA-CREF Core Plus Bond Fund Institutional Class | 4.52% | 4.19% | 3.49% | 2.38% | 2.75% | 3.05% | 3.38% | 3.10% | 3.18% | 3.02% | 2.73% | 2.76% |
BND Vanguard Total Bond Market ETF | 3.55% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
TIBFX vs. BND - Drawdown Comparison
The maximum TIBFX drawdown since its inception was -19.55%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TIBFX and BND. For additional features, visit the drawdowns tool.
Volatility
TIBFX vs. BND - Volatility Comparison
The current volatility for TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) is 1.58%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.68%. This indicates that TIBFX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.