TIIEX vs. WELL

Last updated Jun 4, 2026

TIIEX (TIAA-CREF International Equity Fund) is Foreign Large Cap Equities fund managed by TIAA Investments, while WELL (Welltower Inc.) is a stock. Over the past 10 years, TIIEX returned 8.42%/yr vs 14.94%/yr for WELL. At a 0.31 correlation, their price movements are largely independent.

Performance

TIIEX vs. WELL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF International Equity Fund (TIIEX) and Welltower Inc. (WELL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIIEX achieves a 7.50% return, which is significantly lower than WELL's 8.28% return. Over the past 10 years, TIIEX has underperformed WELL with an annualized return of 8.42%, while WELL has yielded a comparatively higher 14.94% annualized return.

TIIEX

• 1D: 0.54%
• 1M: 4.77%
• YTD: 7.50%
• 6M: 9.07%
• 1Y: 24.35%
• 3Y*: 16.67%
• 5Y*: 7.52%
• 10Y*: 8.42%

WELL

• 1D: 2.17%
• 1M: -7.77%
• YTD: 8.28%
• 6M: -0.46%
• 1Y: 33.15%
• 3Y*: 41.00%
• 5Y*: 24.18%
• 10Y*: 14.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TIIEX vs. WELL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TIIEX TIAA-CREF International Equity Fund	7.50%	33.20%	4.00%	16.91%	-17.33%	10.81%	15.81%	23.20%	-23.48%	31.49%
WELL Welltower Inc.	8.28%	49.86%	43.07%	41.79%	-21.18%	36.98%	-17.19%	23.04%	15.31%	0.22%

Correlation

The correlation between TIIEX and WELL is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001	0.31

Over the past year, the correlation between TIIEX and WELL has dropped to 0.10 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.

Return for Risk

TIIEX vs. WELL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TIIEX

TIIEX Risk / Return Rank: 23
TIIEX Sharpe Ratio Rank: 23
TIIEX Sortino Ratio Rank: 22
TIIEX Omega Ratio Rank: 23
TIIEX Calmar Ratio Rank: 23
TIIEX Martin Ratio Rank: 25

WELL

WELL Risk / Return Rank: 79
WELL Sharpe Ratio Rank: 82
WELL Sortino Ratio Rank: 77
WELL Omega Ratio Rank: 76
WELL Calmar Ratio Rank: 79
WELL Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TIIEX vs. WELL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF International Equity Fund (TIIEX) and Welltower Inc. (WELL). 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.

	TIIEX	WELL	Difference
Sharpe ratio Return per unit of total volatility	1.37	1.59	-0.21
Sortino ratio Return per unit of downside risk	1.97	2.16	-0.20
Omega ratio Gain probability vs. loss probability	1.25	1.28	-0.03
Calmar ratio Return relative to maximum drawdown	1.78	2.64	-0.87
Martin ratio Return relative to average drawdown	6.17	6.62	-0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIIEX vs. WELL - Sharpe Ratio Comparison

The current TIIEX Sharpe Ratio is 1.37, which is comparable to the WELL Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of TIIEX and WELL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TIIEX	WELL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	1.59	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	1.03	-0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.47	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.56	-0.26

Drawdowns

TIIEX vs. WELL - Drawdown Comparison

The maximum TIIEX drawdown since its inception was -64.69%, roughly equal to the maximum WELL drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for TIIEX and WELL.

Drawdown Indicators

	TIIEX	WELL	Difference
Max Drawdown Largest peak-to-trough decline	-64.69%	-63.33%	-1.36%
Max Drawdown (1Y) Largest decline over 1 year	-13.24%	-12.61%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	-15.60%	-12.99%	-2.61%
Max Drawdown (5Y) Largest decline over 5 years	-32.07%	-40.78%	+8.71%
Max Drawdown (10Y) Largest decline over 10 years	-42.07%	-63.33%	+21.26%
Current Drawdown Current decline from peak	-2.25%	-9.33%	+7.08%
Average Drawdown Average peak-to-trough decline	-20.21%	-10.32%	-9.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	5.02%	-1.22%

Volatility

TIIEX vs. WELL - Volatility Comparison

The current volatility for TIAA-CREF International Equity Fund (TIIEX) is 5.45%, while Welltower Inc. (WELL) has a volatility of 7.54%. This indicates that TIIEX experiences smaller price fluctuations and is considered to be less risky than WELL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIIEX	WELL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	7.54%	-2.09%
Volatility (6M) Calculated over the trailing 6-month period	14.13%	16.49%	-2.36%
Volatility (1Y) Calculated over the trailing 1-year period	17.13%	21.07%	-3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.31%	23.68%	-6.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.09%	31.86%	-13.77%

Dividends

TIIEX vs. WELL - Dividend Comparison

TIIEX's dividend yield for the trailing twelve months is around 10.90%, more than WELL's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TIIEX TIAA-CREF International Equity Fund	10.90%	11.72%	2.56%	2.66%	2.22%	2.84%	1.21%	1.67%	7.72%	1.29%	1.51%	1.28%
WELL Welltower Inc.	1.48%	1.52%	2.03%	2.71%	3.72%	2.84%	4.18%	4.26%	5.01%	5.46%	5.14%	4.85%

Frequently Asked Questions

Can I hold both TIIEX and WELL in my portfolio?

TIIEX and WELL have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIIEX or WELL?

WELL has higher volatility (7.54%) compared to TIIEX (5.45%). In terms of maximum drawdown, TIIEX dropped -64.69% vs WELL's -63.33%.

Which has better risk-adjusted returns?

WELL currently has the higher Sharpe Ratio (1.59 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.