TIHYX vs. PIMIX
Compare and contrast key facts about TIAA-CREF High Yield Fund (TIHYX) and PIMCO Income Fund Institutional Class (PIMIX).
TIHYX is managed by TIAA Investments. It was launched on Mar 31, 2006. 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: TIHYX or PIMIX.
Correlation
The correlation between TIHYX and PIMIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TIHYX vs. PIMIX - Performance Comparison
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Key characteristics
TIHYX:
1.54
PIMIX:
1.60
TIHYX:
2.09
PIMIX:
2.39
TIHYX:
1.32
PIMIX:
1.31
TIHYX:
1.46
PIMIX:
2.32
TIHYX:
6.05
PIMIX:
6.81
TIHYX:
0.96%
PIMIX:
0.95%
TIHYX:
3.95%
PIMIX:
4.08%
TIHYX:
-27.53%
PIMIX:
-13.39%
TIHYX:
-1.82%
PIMIX:
-1.40%
Returns By Period
In the year-to-date period, TIHYX achieves a -0.07% return, which is significantly lower than PIMIX's 2.14% return. Both investments have delivered pretty close results over the past 10 years, with TIHYX having a 4.32% annualized return and PIMIX not far behind at 4.27%.
TIHYX
-0.07%
2.01%
0.23%
6.06%
5.73%
4.32%
PIMIX
2.14%
0.86%
2.14%
6.68%
4.62%
4.27%
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TIHYX vs. PIMIX - Expense Ratio Comparison
TIHYX has a 0.36% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
TIHYX vs. PIMIX — Risk-Adjusted Performance Rank
TIHYX
PIMIX
TIHYX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF High Yield Fund (TIHYX) 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.
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Dividends
TIHYX vs. PIMIX - Dividend Comparison
TIHYX's dividend yield for the trailing twelve months is around 6.09%, more than PIMIX's 5.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIHYX TIAA-CREF High Yield Fund | 6.09% | 6.40% | 6.06% | 5.69% | 4.70% | 5.07% | 5.58% | 6.06% | 5.23% | 5.76% | 6.22% | 5.58% |
PIMIX PIMCO Income Fund Institutional Class | 5.72% | 6.27% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% |
Drawdowns
TIHYX vs. PIMIX - Drawdown Comparison
The maximum TIHYX drawdown since its inception was -27.53%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for TIHYX and PIMIX. For additional features, visit the drawdowns tool.
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Volatility
TIHYX vs. PIMIX - Volatility Comparison
The current volatility for TIAA-CREF High Yield Fund (TIHYX) is 1.42%, while PIMCO Income Fund Institutional Class (PIMIX) has a volatility of 1.57%. This indicates that TIHYX experiences smaller price fluctuations and is considered to be less risky than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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