TILIX vs. QQQ
Compare and contrast key facts about TIAA-CREF Large-Cap Growth Index Fund (TILIX) and Invesco QQQ (QQQ).
TILIX is managed by TIAA Investments. It was launched on Oct 1, 2002. 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: TILIX or QQQ.
Key characteristics
| TILIX | QQQ | |
|---|---|---|
| YTD Return | 32.20% | 25.79% |
| 1Y Return | 42.59% | 36.91% |
| 3Y Return (Ann) | 10.47% | 9.89% |
| 5Y Return (Ann) | 20.02% | 21.42% |
| 10Y Return (Ann) | 16.74% | 18.39% |
| Sharpe Ratio | 2.52 | 2.11 |
| Sortino Ratio | 3.24 | 2.78 |
| Omega Ratio | 1.46 | 1.38 |
| Calmar Ratio | 3.23 | 2.69 |
| Martin Ratio | 12.71 | 9.81 |
| Ulcer Index | 3.34% | 3.72% |
| Daily Std Dev | 16.83% | 17.32% |
| Max Drawdown | -51.32% | -82.98% |
| Current Drawdown | 0.00% | -0.24% |
Correlation
The correlation between TILIX and QQQ is 0.94, 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
TILIX vs. QQQ - Performance Comparison
In the year-to-date period, TILIX achieves a 32.20% return, which is significantly higher than QQQ's 25.79% return. Over the past 10 years, TILIX has underperformed QQQ with an annualized return of 16.74%, while QQQ has yielded a comparatively higher 18.39% 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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TILIX vs. QQQ - Expense Ratio Comparison
TILIX has a 0.05% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TILIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Large-Cap Growth Index Fund (TILIX) 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
TILIX vs. QQQ - Dividend Comparison
TILIX's dividend yield for the trailing twelve months is around 0.57%, less than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TILIX TIAA-CREF Large-Cap Growth Index Fund | 0.57% | 0.76% | 1.10% | 0.87% | 0.71% | 1.09% | 1.43% | 1.22% | 1.33% | 1.49% | 1.39% | 1.37% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TILIX vs. QQQ - Drawdown Comparison
The maximum TILIX drawdown since its inception was -51.32%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TILIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TILIX vs. QQQ - Volatility Comparison
TIAA-CREF Large-Cap Growth Index Fund (TILIX) and Invesco QQQ (QQQ) have volatilities of 5.05% and 5.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.