TIGRX vs. QQQ
Compare and contrast key facts about TIAA-CREF Growth & Income Fund (TIGRX) and Invesco QQQ (QQQ).
TIGRX is managed by TIAA Investments. It was launched on Jul 1, 1999. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIGRX or QQQ.
Key characteristics
TIGRX | QQQ | |
---|---|---|
YTD Return | 24.07% | 15.46% |
1Y Return | 34.39% | 28.15% |
3Y Return (Ann) | 11.00% | 8.77% |
5Y Return (Ann) | 14.69% | 20.70% |
10Y Return (Ann) | 12.17% | 17.75% |
Sharpe Ratio | 2.57 | 1.58 |
Daily Std Dev | 13.24% | 17.69% |
Max Drawdown | -49.52% | -82.98% |
Current Drawdown | -0.19% | -6.27% |
Correlation
The correlation between TIGRX and QQQ is 0.89, 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
TIGRX vs. QQQ - Performance Comparison
In the year-to-date period, TIGRX achieves a 24.07% return, which is significantly higher than QQQ's 15.46% return. Over the past 10 years, TIGRX has underperformed QQQ with an annualized return of 12.17%, while QQQ has yielded a comparatively higher 17.75% 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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TIGRX vs. QQQ - Expense Ratio Comparison
TIGRX has a 0.40% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TIGRX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Growth & Income Fund (TIGRX) and Invesco QQQ (QQQ). 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
TIGRX vs. QQQ - Dividend Comparison
TIGRX's dividend yield for the trailing twelve months is around 19.73%, more than QQQ's 0.50% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
TIAA-CREF Growth & Income Fund | 19.73% | 24.27% | 9.52% | 19.80% | 7.44% | 1.44% | 9.98% | 4.81% | 3.06% | 8.41% | 10.31% | 12.09% |
Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
TIGRX vs. QQQ - Drawdown Comparison
The maximum TIGRX drawdown since its inception was -49.52%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TIGRX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TIGRX vs. QQQ - Volatility Comparison
The current volatility for TIAA-CREF Growth & Income Fund (TIGRX) is 4.47%, while Invesco QQQ (QQQ) has a volatility of 5.90%. This indicates that TIGRX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.