TIILX vs. SEIAX

Last updated Jun 5, 2026

TIILX (TIAA-CREF Inflation-Linked Bond Fund) and SEIAX (SEI Multi-Asset Real Return Fund Class A) are both Inflation-Protected Bonds funds. Over the past 10 years, TIILX returned 2.92%/yr vs 4.28%/yr for SEIAX. At a 0.25 correlation, their price movements are largely independent. TIILX charges 0.23%/yr vs 0.21%/yr for SEIAX.

Performance

TIILX vs. SEIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Inflation-Linked Bond Fund (TIILX) and SEI Multi-Asset Real Return Fund Class A (SEIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIILX achieves a 1.58% return, which is significantly lower than SEIAX's 8.37% return. Over the past 10 years, TIILX has underperformed SEIAX with an annualized return of 2.92%, while SEIAX has yielded a comparatively higher 4.28% annualized return.

TIILX

• 1D: -0.09%
• 1M: -0.09%
• YTD: 1.58%
• 6M: 1.30%
• 1Y: 4.50%
• 3Y*: 4.77%
• 5Y*: 2.29%
• 10Y*: 2.92%

SEIAX

• 1D: 0.25%
• 1M: -0.99%
• YTD: 8.37%
• 6M: 8.05%
• 1Y: 13.23%
• 3Y*: 8.16%
• 5Y*: 6.45%
• 10Y*: 4.28%

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

TIILX vs. SEIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TIILX TIAA-CREF Inflation-Linked Bond Fund	1.58%	7.09%	3.28%	4.35%	-7.22%	5.26%	8.10%	6.60%	-0.49%	1.74%
SEIAX SEI Multi-Asset Real Return Fund Class A	8.37%	8.50%	4.74%	-1.01%	9.20%	11.41%	-0.51%	6.33%	-2.93%	-1.12%

Correlation

The correlation between TIILX and SEIAX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012	0.25

The correlation between TIILX and SEIAX shifts across timeframes, from 0.17 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TIILX vs. SEIAX — Risk / Return Rank

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

TIILX

TIILX Risk / Return Rank: 56
TIILX Sharpe Ratio Rank: 42
TIILX Sortino Ratio Rank: 51
TIILX Omega Ratio Rank: 44
TIILX Calmar Ratio Rank: 79
TIILX Martin Ratio Rank: 65

SEIAX

SEIAX Risk / Return Rank: 82
SEIAX Sharpe Ratio Rank: 74
SEIAX Sortino Ratio Rank: 75
SEIAX Omega Ratio Rank: 73
SEIAX Calmar Ratio Rank: 95
SEIAX Martin Ratio Rank: 92

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.

TIILX vs. SEIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Inflation-Linked Bond Fund (TIILX) and SEI Multi-Asset Real Return Fund Class A (SEIAX). 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.

	TIILX	SEIAX	Difference
Sharpe ratio: Return per unit of total volatility	1.86	2.48	-0.62
Sortino ratio: Return per unit of downside risk	2.98	3.59	-0.62
Omega ratio: Gain probability vs. loss probability	1.35	1.48	-0.12
Calmar ratio: Return relative to maximum drawdown	3.52	5.64	-2.12
Martin ratio: Return relative to average drawdown	12.57	18.69	-6.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIILX vs. SEIAX - Sharpe Ratio Comparison

The current TIILX Sharpe Ratio is 1.86, which is comparable to the SEIAX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of TIILX and SEIAX, 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

	TIILX	SEIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	2.48	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	1.15	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.82	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.45	+0.24

Drawdowns

TIILX vs. SEIAX - Drawdown Comparison

The maximum TIILX drawdown since its inception was -14.24%, smaller than the maximum SEIAX drawdown of -20.97%. Use the drawdown chart below to compare losses from any high point for TIILX and SEIAX.

Drawdown Indicators

	TIILX	SEIAX	Difference
Max Drawdown Largest peak-to-trough decline	-14.24%	-20.97%	+6.73%
Max Drawdown (1Y) Largest decline over 1 year	-1.37%	-2.33%	+0.96%
Max Drawdown (3Y) Largest decline over 3 years	-2.49%	-3.31%	+0.82%
Max Drawdown (5Y) Largest decline over 5 years	-9.57%	-7.67%	-1.90%
Max Drawdown (10Y) Largest decline over 10 years	-9.57%	-13.20%	+3.63%
Current Drawdown Current decline from peak	-0.27%	-1.59%	+1.32%
Average Drawdown Average peak-to-trough decline	-2.92%	-7.09%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	0.70%	-0.32%

Volatility

TIILX vs. SEIAX - Volatility Comparison

The current volatility for TIAA-CREF Inflation-Linked Bond Fund (TIILX) is 0.75%, while SEI Multi-Asset Real Return Fund Class A (SEIAX) has a volatility of 2.04%. This indicates that TIILX experiences smaller price fluctuations and is considered to be less risky than SEIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIILX	SEIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	2.04%	-1.29%
Volatility (6M) Calculated over the trailing 6-month period	1.82%	4.67%	-2.85%
Volatility (1Y) Calculated over the trailing 1-year period	2.60%	5.31%	-2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.39%	5.62%	-1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.82%	5.23%	-1.41%

TIILX vs. SEIAX - Expense Ratio Comparison

TIILX has a 0.23% expense ratio, which is higher than SEIAX's 0.21% 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%.

Dividends

TIILX vs. SEIAX - Dividend Comparison

TIILX's dividend yield for the trailing twelve months is around 3.09%, more than SEIAX's 2.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEIAX SEI Multi-Asset Real Return Fund Class A	2.71%	2.94%	5.16%	3.77%	13.78%	10.42%	2.34%	2.13%	3.63%	1.57%	1.73%	1.01%
TIILX TIAA-CREF Inflation-Linked Bond Fund	3.09%	3.95%	3.45%	3.38%	8.60%	6.29%	1.28%	1.85%	2.59%	2.00%	1.55%	0.33%

Frequently Asked Questions

Can I hold both TIILX and SEIAX in my portfolio?

TIILX and SEIAX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIILX or SEIAX?

SEIAX has higher volatility (2.04%) compared to TIILX (0.75%). In terms of maximum drawdown, TIILX dropped -14.24% vs SEIAX's -20.97%.

Which has better risk-adjusted returns?

SEIAX currently has the higher Sharpe Ratio (2.48 vs 1.86), 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.