TIIEX vs. RNPGX
Compare and contrast key facts about TIAA-CREF International Equity Fund (TIIEX) and American Funds New Perspective Fund Class R-6 (RNPGX).
TIIEX is managed by TIAA Investments. It was launched on Jul 1, 1999. RNPGX is managed by American Funds. It was launched on Aug 1, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIIEX or RNPGX.
Key characteristics
| TIIEX | RNPGX | |
|---|---|---|
| YTD Return | 7.85% | 19.22% |
| 1Y Return | 17.83% | 32.05% |
| 3Y Return (Ann) | 0.59% | 2.96% |
| 5Y Return (Ann) | 6.76% | 13.08% |
| 10Y Return (Ann) | 5.16% | 11.89% |
| Sharpe Ratio | 1.23 | 2.47 |
| Sortino Ratio | 1.72 | 3.38 |
| Omega Ratio | 1.23 | 1.45 |
| Calmar Ratio | 1.26 | 1.70 |
| Martin Ratio | 6.94 | 16.01 |
| Ulcer Index | 2.53% | 1.94% |
| Daily Std Dev | 14.29% | 12.58% |
| Max Drawdown | -67.55% | -34.25% |
| Current Drawdown | -4.76% | -0.12% |
Correlation
The correlation between TIIEX and RNPGX is 0.87, 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
TIIEX vs. RNPGX - Performance Comparison
In the year-to-date period, TIIEX achieves a 7.85% return, which is significantly lower than RNPGX's 19.22% return. Over the past 10 years, TIIEX has underperformed RNPGX with an annualized return of 5.16%, while RNPGX has yielded a comparatively higher 11.89% 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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TIIEX vs. RNPGX - Expense Ratio Comparison
TIIEX has a 0.46% expense ratio, which is higher than RNPGX's 0.42% expense ratio.
Risk-Adjusted Performance
TIIEX vs. RNPGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF International Equity Fund (TIIEX) and American Funds New Perspective Fund Class R-6 (RNPGX). 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
TIIEX vs. RNPGX - Dividend Comparison
TIIEX's dividend yield for the trailing twelve months is around 2.47%, more than RNPGX's 1.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIIEX TIAA-CREF International Equity Fund | 2.47% | 2.66% | 2.22% | 2.85% | 1.20% | 1.67% | 2.53% | 1.11% | 1.51% | 1.28% | 1.46% | 1.59% |
RNPGX American Funds New Perspective Fund Class R-6 | 1.05% | 1.25% | 1.21% | 0.65% | 0.40% | 1.81% | 1.55% | 0.75% | 1.16% | 1.05% | 8.26% | 6.90% |
Drawdowns
TIIEX vs. RNPGX - Drawdown Comparison
The maximum TIIEX drawdown since its inception was -67.55%, which is greater than RNPGX's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for TIIEX and RNPGX. For additional features, visit the drawdowns tool.
Volatility
TIIEX vs. RNPGX - Volatility Comparison
TIAA-CREF International Equity Fund (TIIEX) has a higher volatility of 3.73% compared to American Funds New Perspective Fund Class R-6 (RNPGX) at 3.36%. This indicates that TIIEX's price experiences larger fluctuations and is considered to be riskier than RNPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.