TIMIX vs. BRUFX
TIMIX (TIAA-CREF Managed Allocation Fund) and BRUFX (Bruce Fund) are both Diversified Portfolio funds. Over the past 10 years, TIMIX returned 7.90%/yr vs 7.56%/yr for BRUFX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. TIMIX charges 0.00%/yr vs 0.68%/yr for BRUFX.
Performance
TIMIX vs. BRUFX - Performance Comparison
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Returns By Period
In the year-to-date period, TIMIX achieves a 4.93% return, which is significantly lower than BRUFX's 16.02% return. Both investments have delivered pretty close results over the past 10 years, with TIMIX having a 7.90% annualized return and BRUFX not far behind at 7.56%.
TIMIX
- 1D
- 1.47%
- 1M
- -0.58%
- 6M
- 3.06%
- YTD
- 4.93%
- 1Y
- 12.77%
- 3Y*
- 11.40%
- 5Y*
- 5.51%
- 10Y*
- 7.90%
- ALL TIME*
- 6.59%
BRUFX
- 1D
- -0.39%
- 1M
- 0.09%
- 6M
- 11.25%
- YTD
- 16.02%
- 1Y
- 29.17%
- 3Y*
- 12.15%
- 5Y*
- 5.98%
- 10Y*
- 7.56%
- ALL TIME*
- 9.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BRUFX Bruce Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
TIMIX vs. BRUFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIMIX TIAA-CREF Managed Allocation Fund | 4.93% | 14.98% | 10.47% | 16.25% | -16.83% | 9.96% | 15.40% | 20.53% | -6.88% | 14.97% |
BRUFX Bruce Fund | 16.02% | 14.89% | 4.45% | -0.74% | -8.80% | 17.35% | 12.06% | 22.42% | -3.99% | 12.48% |
Correlation
The correlation between TIMIX and BRUFX is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2006 | 0.69 |
Over the past year, the correlation between TIMIX and BRUFX has dropped to 0.47 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
TIMIX vs. BRUFX — Risk / Return Rank
TIMIX
BRUFX
TIMIX vs. BRUFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Managed Allocation Fund (TIMIX) and Bruce Fund (BRUFX). 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.
| TIMIX | BRUFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.49 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 3.78 | -2.16 |
| Martin ratioReturn relative to average drawdown | 6.95 | 17.01 | -10.06 |
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Drawdowns
TIMIX vs. BRUFX - Drawdown Comparison
The maximum TIMIX drawdown since its inception was -41.37%, smaller than the maximum BRUFX drawdown of -44.50%. Use the drawdown chart below to compare losses from any high point for TIMIX and BRUFX.
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Drawdown Indicators
| TIMIX | BRUFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.37% | -44.50% | +3.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -7.67% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -10.44% | -9.66% | -0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -23.58% | -17.91% | -5.67% |
Max Drawdown (10Y)Largest decline over 10 years | -24.64% | -25.44% | +0.80% |
Current DrawdownCurrent decline from peak | -1.29% | -1.71% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -5.43% | -9.04% | +3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 1.70% | +0.02% |
Volatility
TIMIX vs. BRUFX - Volatility Comparison
TIAA-CREF Managed Allocation Fund (TIMIX) has a higher volatility of 2.82% compared to Bruce Fund (BRUFX) at 2.42%. This indicates that TIMIX's price experiences larger fluctuations and is considered to be riskier than BRUFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIMIX | BRUFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 2.42% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.78% | 8.50% | -0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.26% | 10.65% | -1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 10.58% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.87% | 11.65% | -0.78% |
TIMIX vs. BRUFX - Expense Ratio Comparison
TIMIX has a 0.00% expense ratio, which is lower than BRUFX's 0.68% expense ratio.
Dividends
TIMIX vs. BRUFX - Dividend Comparison
TIMIX's dividend yield for the trailing twelve months is around 6.61%, more than BRUFX's 5.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRUFX Bruce Fund | 5.48% | 6.35% | 5.01% | 6.46% | 13.31% | 9.25% | 5.83% | 2.03% | 2.49% | 4.11% | 6.26% | 4.63% |
TIMIX TIAA-CREF Managed Allocation Fund | 6.61% | 7.33% | 4.43% | 2.78% | 7.92% | 11.50% | 8.51% | 5.66% | 6.31% | 2.56% | 4.92% | 4.80% |
Frequently Asked Questions
TIMIX and BRUFX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TIMIX has higher volatility (2.82%) compared to BRUFX (2.42%). In terms of maximum drawdown, TIMIX dropped -41.37% vs BRUFX's -44.50%.
BRUFX currently has the higher Sharpe Ratio (2.73 vs 1.30), 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.
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