TIEIX vs. VOO
Compare and contrast key facts about TIAA-CREF Equity Index Fund (TIEIX) and Vanguard S&P 500 ETF (VOO).
TIEIX is managed by TIAA Investments. It was launched on Jul 1, 1999. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIEIX or VOO.
Correlation
The correlation between TIEIX and VOO is 0.99, 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
TIEIX vs. VOO - Performance Comparison
Key characteristics
TIEIX:
0.29
VOO:
0.32
TIEIX:
0.49
VOO:
0.57
TIEIX:
1.07
VOO:
1.08
TIEIX:
0.26
VOO:
0.32
TIEIX:
1.11
VOO:
1.42
TIEIX:
4.51%
VOO:
4.19%
TIEIX:
17.30%
VOO:
18.73%
TIEIX:
-56.33%
VOO:
-33.99%
TIEIX:
-14.26%
VOO:
-13.85%
Returns By Period
The year-to-date returns for both investments are quite close, with TIEIX having a -10.24% return and VOO slightly higher at -9.88%. Over the past 10 years, TIEIX has underperformed VOO with an annualized return of 10.50%, while VOO has yielded a comparatively higher 11.66% annualized return.
TIEIX
-10.24%
-7.02%
-9.99%
5.85%
14.02%
10.50%
VOO
-9.88%
-6.86%
-9.35%
6.85%
14.69%
11.66%
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TIEIX vs. VOO - Expense Ratio Comparison
TIEIX has a 0.05% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TIEIX vs. VOO — Risk-Adjusted Performance Rank
TIEIX
VOO
TIEIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Equity Index Fund (TIEIX) and Vanguard S&P 500 ETF (VOO). 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
TIEIX vs. VOO - Dividend Comparison
TIEIX's dividend yield for the trailing twelve months is around 1.45%, which matches VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIEIX TIAA-CREF Equity Index Fund | 1.45% | 1.30% | 1.47% | 1.58% | 1.21% | 1.44% | 1.79% | 2.04% | 1.70% | 1.98% | 2.07% | 1.82% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
TIEIX vs. VOO - Drawdown Comparison
The maximum TIEIX drawdown since its inception was -56.33%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TIEIX and VOO. For additional features, visit the drawdowns tool.
Volatility
TIEIX vs. VOO - Volatility Comparison
The current volatility for TIAA-CREF Equity Index Fund (TIEIX) is 10.87%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.31%. This indicates that TIEIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.