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TIBFX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TIBFX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.48%
2.96%
TIBFX
BND

Returns By Period

In the year-to-date period, TIBFX achieves a 3.24% return, which is significantly higher than BND's 1.83% return. Over the past 10 years, TIBFX has outperformed BND with an annualized return of 1.68%, while BND has yielded a comparatively lower 1.41% annualized return.


TIBFX

YTD

3.24%

1M

-1.02%

6M

3.48%

1Y

8.58%

5Y (annualized)

0.28%

10Y (annualized)

1.68%

BND

YTD

1.83%

1M

-1.26%

6M

2.96%

1Y

6.48%

5Y (annualized)

-0.28%

10Y (annualized)

1.41%

Key characteristics


TIBFXBND
Sharpe Ratio1.641.17
Sortino Ratio2.431.71
Omega Ratio1.291.20
Calmar Ratio0.620.45
Martin Ratio6.253.85
Ulcer Index1.39%1.72%
Daily Std Dev5.31%5.66%
Max Drawdown-19.55%-18.84%
Current Drawdown-6.56%-8.96%

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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.


TIBFX
TIAA-CREF Core Plus Bond Fund Institutional Class
Expense ratio chart for TIBFX: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.8

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.

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.


Sharpe ratio
The chart of Sharpe ratio for TIBFX, currently valued at 1.64, compared to the broader market0.002.004.001.641.17
The chart of Sortino ratio for TIBFX, currently valued at 2.43, compared to the broader market0.005.0010.002.431.71
The chart of Omega ratio for TIBFX, currently valued at 1.29, compared to the broader market1.002.003.004.001.291.20
The chart of Calmar ratio for TIBFX, currently valued at 0.62, compared to the broader market0.005.0010.0015.0020.0025.000.620.45
The chart of Martin ratio for TIBFX, currently valued at 6.25, compared to the broader market0.0020.0040.0060.0080.00100.006.253.85
TIBFX
BND

The current TIBFX Sharpe Ratio is 1.64, which is higher than the BND Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of TIBFX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.64
1.17
TIBFX
BND

Dividends

TIBFX vs. BND - Dividend Comparison

TIBFX's dividend yield for the trailing twelve months is around 4.55%, more than BND's 3.57% yield.


TTM20232022202120202019201820172016201520142013
TIBFX
TIAA-CREF Core Plus Bond Fund Institutional Class
4.55%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
3.57%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.


-12.00%-10.00%-8.00%-6.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-6.56%
-8.96%
TIBFX
BND

Volatility

TIBFX vs. BND - Volatility Comparison

The current volatility for TIAA-CREF Core Plus Bond Fund Institutional Class (TIBFX) is 1.42%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.53%. 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.


1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
1.42%
1.53%
TIBFX
BND