TILVX vs. TISBX

Last updated Aug 4, 2026

TILVX (TIAA-CREF Large-Cap Value Index Fund) and TISBX (TIAA-CREF Small-Cap Blend Index Fund) are both mutual funds - TILVX is a Large Cap Value Equities fund managed by TIAA, while TISBX is a Small Cap Blend Equities fund managed by TIAA. Over the past 10 years, TILVX returned 11.44%/yr vs 10.72%/yr for TISBX. Their correlation of 0.87 means they have usually moved in the same direction. Both charge a 0.05% expense ratio.

Performance

TILVX vs. TISBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Large-Cap Value Index Fund (TILVX) and TIAA-CREF Small-Cap Blend Index Fund (TISBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TILVX achieves a 20.62% return, which is significantly higher than TISBX's 18.89% return. Over the past 10 years, TILVX has outperformed TISBX with an annualized return of 11.44%, while TISBX has yielded a comparatively lower 10.72% annualized return.

TILVX

• 1D: 0.45%
• 1M: 1.93%
• 6M: 14.45%
• YTD: 20.62%
• 1Y: 32.79%
• 3Y*: 17.94%
• 5Y*: 11.77%
• 10Y*: 11.44%
• ALL TIME*: 9.41%

TISBX

• 1D: -0.49%
• 1M: -2.10%
• 6M: 11.75%
• YTD: 18.89%
• 1Y: 36.94%
• 3Y*: 15.30%
• 5Y*: 7.18%
• 10Y*: 10.72%
• ALL TIME*: 9.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TILVX TIAA-CREF Large-Cap Value Index Fund	$0.00	$0.00	$0.00
TISBX TIAA-CREF Small-Cap Blend Index Fund	$0.00	$0.00	$0.00

TILVX vs. TISBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TILVX TIAA-CREF Large-Cap Value Index Fund	20.62%	15.81%	14.26%	11.49%	-7.57%	25.05%	2.90%	26.48%	-8.38%	10.93%
TISBX TIAA-CREF Small-Cap Blend Index Fund	18.89%	12.72%	11.60%	17.07%	-20.31%	14.85%	20.14%	25.61%	-10.99%	13.14%

Correlation

The correlation between TILVX and TISBX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Sep 30, 2002	0.87

The correlation between TILVX and TISBX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

Return for Risk

TILVX vs. TISBX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TILVX

TILVX Risk / Return Rank: 95
TILVX Sharpe Ratio Rank: 96
TILVX Sortino Ratio Rank: 94
TILVX Omega Ratio Rank: 91
TILVX Calmar Ratio Rank: 96
TILVX Martin Ratio Rank: 97

TISBX

TISBX Risk / Return Rank: 76
TISBX Sharpe Ratio Rank: 73
TISBX Sortino Ratio Rank: 72
TISBX Omega Ratio Rank: 62
TISBX Calmar Ratio Rank: 86
TISBX Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TILVX vs. TISBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Large-Cap Value Index Fund (TILVX) and TIAA-CREF Small-Cap Blend Index Fund (TISBX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TILVX	TISBX	Difference
Sharpe ratio: Return per unit of total volatility	2.75	1.78	+0.98
Sortino ratio: Return per unit of downside risk	3.85	2.52	+1.33
Omega ratio: Gain probability vs. loss probability	1.49	1.30	+0.20
Calmar ratio: Return relative to maximum drawdown	4.61	3.14	+1.47
Martin ratio: Return relative to average drawdown	19.74	11.13	+8.61

TILVX vs. TISBX - Sharpe Ratio Comparison

The current TILVX Sharpe Ratio is 2.75, which is higher than the TISBX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of TILVX and TISBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TILVX vs. TISBX - Drawdown Comparison

The maximum TILVX drawdown since its inception was -60.05%, which is greater than TISBX's maximum drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for TILVX and TISBX.

Drawdown Indicators

	TILVX	TISBX	Difference
Max Drawdown Largest peak-to-trough decline	-60.05%	-56.50%	-3.55%
Max Drawdown (1Y) Largest decline over 1 year	-6.80%	-10.95%	+4.15%
Max Drawdown (3Y) Largest decline over 3 years	-15.58%	-27.44%	+11.86%
Max Drawdown (5Y) Largest decline over 5 years	-19.00%	-31.89%	+12.89%
Max Drawdown (10Y) Largest decline over 10 years	-40.15%	-41.69%	+1.54%
Current Drawdown Current decline from peak	-0.09%	-3.00%	+2.91%
Average Drawdown Average peak-to-trough decline	-8.21%	-9.63%	+1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	3.09%	-1.49%

Volatility

TILVX vs. TISBX - Volatility Comparison

The current volatility for TIAA-CREF Large-Cap Value Index Fund (TILVX) is 2.88%, while TIAA-CREF Small-Cap Blend Index Fund (TISBX) has a volatility of 3.82%. This indicates that TILVX experiences smaller price fluctuations and is considered to be less risky than TISBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TILVX	TISBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	3.82%	-0.94%
Volatility (6M) Calculated over the trailing 6-month period	8.72%	14.09%	-5.37%
Volatility (1Y) Calculated over the trailing 1-year period	11.43%	19.42%	-7.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.82%	22.51%	-7.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	23.41%	-5.79%

TILVX vs. TISBX - Expense Ratio Comparison

Both TILVX and TISBX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

TILVX vs. TISBX - Dividend Comparison

TILVX's dividend yield for the trailing twelve months is around 4.94%, more than TISBX's 3.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TILVX TIAA-CREF Large-Cap Value Index Fund	4.94%	5.96%	3.04%	4.90%	4.57%	3.77%	2.26%	7.05%	4.68%	2.01%	3.14%	4.24%
TISBX TIAA-CREF Small-Cap Blend Index Fund	3.47%	4.12%	6.82%	3.09%	1.97%	8.96%	2.65%	5.16%	9.29%	4.49%	4.03%	4.77%

Frequently Asked Questions

Can I hold both TILVX and TISBX in my portfolio?

TILVX and TISBX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TILVX or TISBX?

TISBX has higher volatility (3.82%) compared to TILVX (2.88%). In terms of maximum drawdown, TILVX dropped -60.05% vs TISBX's -56.50%.

Which has better risk-adjusted returns?

TILVX currently has the higher Sharpe Ratio (2.75 vs 1.78), 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.