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TIREX vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TIREXSCHD
YTD Return9.68%17.07%
1Y Return29.30%29.98%
3Y Return (Ann)-2.46%6.85%
5Y Return (Ann)4.67%12.79%
10Y Return (Ann)7.15%11.62%
Sharpe Ratio1.672.64
Sortino Ratio2.433.81
Omega Ratio1.301.47
Calmar Ratio0.872.92
Martin Ratio6.1014.57
Ulcer Index4.61%2.04%
Daily Std Dev16.84%11.26%
Max Drawdown-74.18%-33.37%
Current Drawdown-12.34%-0.86%

Correlation

-0.50.00.51.00.6

The correlation between TIREX and SCHD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

TIREX vs. SCHD - Performance Comparison

In the year-to-date period, TIREX achieves a 9.68% return, which is significantly lower than SCHD's 17.07% return. Over the past 10 years, TIREX has underperformed SCHD with an annualized return of 7.15%, while SCHD has yielded a comparatively higher 11.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
16.22%
10.97%
TIREX
SCHD

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TIREX vs. SCHD - Expense Ratio Comparison

TIREX has a 0.47% expense ratio, which is higher than SCHD's 0.06% expense ratio.


TIREX
TIAA-CREF Real Estate Securities Fund Institutional Class
Expense ratio chart for TIREX: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

TIREX vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and Schwab US Dividend Equity ETF (SCHD). 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.


TIREX
Sharpe ratio
The chart of Sharpe ratio for TIREX, currently valued at 1.67, compared to the broader market0.002.004.001.67
Sortino ratio
The chart of Sortino ratio for TIREX, currently valued at 2.43, compared to the broader market0.005.0010.002.43
Omega ratio
The chart of Omega ratio for TIREX, currently valued at 1.30, compared to the broader market1.002.003.004.001.30
Calmar ratio
The chart of Calmar ratio for TIREX, currently valued at 0.87, compared to the broader market0.005.0010.0015.0020.000.87
Martin ratio
The chart of Martin ratio for TIREX, currently valued at 6.10, compared to the broader market0.0020.0040.0060.0080.00100.006.10
SCHD
Sharpe ratio
The chart of Sharpe ratio for SCHD, currently valued at 2.64, compared to the broader market0.002.004.002.64
Sortino ratio
The chart of Sortino ratio for SCHD, currently valued at 3.81, compared to the broader market0.005.0010.003.81
Omega ratio
The chart of Omega ratio for SCHD, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for SCHD, currently valued at 2.92, compared to the broader market0.005.0010.0015.0020.002.92
Martin ratio
The chart of Martin ratio for SCHD, currently valued at 14.57, compared to the broader market0.0020.0040.0060.0080.00100.0014.57

TIREX vs. SCHD - Sharpe Ratio Comparison

The current TIREX Sharpe Ratio is 1.67, which is lower than the SCHD Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of TIREX and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.67
2.64
TIREX
SCHD

Dividends

TIREX vs. SCHD - Dividend Comparison

TIREX's dividend yield for the trailing twelve months is around 2.89%, less than SCHD's 3.38% yield.


TTM20232022202120202019201820172016201520142013
TIREX
TIAA-CREF Real Estate Securities Fund Institutional Class
2.89%2.72%2.19%1.41%1.80%1.68%2.60%1.55%2.63%2.00%1.69%2.02%
SCHD
Schwab US Dividend Equity ETF
3.38%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

TIREX vs. SCHD - Drawdown Comparison

The maximum TIREX drawdown since its inception was -74.18%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for TIREX and SCHD. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.34%
-0.86%
TIREX
SCHD

Volatility

TIREX vs. SCHD - Volatility Comparison

TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) has a higher volatility of 5.34% compared to Schwab US Dividend Equity ETF (SCHD) at 3.51%. This indicates that TIREX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.34%
3.51%
TIREX
SCHD