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

Performance

TIREX vs. VSIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) and Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%400.00%JuneJulyAugustSeptemberOctoberNovember
231.36%
370.62%
TIREX
VSIAX

Returns By Period

In the year-to-date period, TIREX achieves a 9.73% return, which is significantly lower than VSIAX's 16.74% return. Over the past 10 years, TIREX has underperformed VSIAX with an annualized return of 7.08%, while VSIAX has yielded a comparatively higher 9.32% annualized return.


TIREX

YTD

9.73%

1M

-2.78%

6M

14.28%

1Y

22.99%

5Y (annualized)

4.56%

10Y (annualized)

7.08%

VSIAX

YTD

16.74%

1M

1.09%

6M

10.02%

1Y

30.76%

5Y (annualized)

11.39%

10Y (annualized)

9.32%

Key characteristics


TIREXVSIAX
Sharpe Ratio1.421.75
Sortino Ratio2.022.52
Omega Ratio1.251.31
Calmar Ratio0.793.28
Martin Ratio4.929.97
Ulcer Index4.63%2.94%
Daily Std Dev16.04%16.68%
Max Drawdown-74.18%-45.39%
Current Drawdown-12.29%-3.19%

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TIREX vs. VSIAX - Expense Ratio Comparison

TIREX has a 0.47% expense ratio, which is higher than VSIAX's 0.07% 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 VSIAX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Correlation

-0.50.00.51.00.6

The correlation between TIREX and VSIAX is 0.65, 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.

Risk-Adjusted Performance

TIREX vs. VSIAX - 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 Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX). 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.


Sharpe ratio
The chart of Sharpe ratio for TIREX, currently valued at 1.42, compared to the broader market0.002.004.001.421.75
The chart of Sortino ratio for TIREX, currently valued at 2.02, compared to the broader market0.005.0010.002.022.52
The chart of Omega ratio for TIREX, currently valued at 1.25, compared to the broader market1.002.003.004.001.251.31
The chart of Calmar ratio for TIREX, currently valued at 0.79, compared to the broader market0.005.0010.0015.0020.0025.000.793.28
The chart of Martin ratio for TIREX, currently valued at 4.92, compared to the broader market0.0020.0040.0060.0080.00100.004.929.97
TIREX
VSIAX

The current TIREX Sharpe Ratio is 1.42, which is comparable to the VSIAX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of TIREX and VSIAX, 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 Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.42
1.75
TIREX
VSIAX

Dividends

TIREX vs. VSIAX - Dividend Comparison

TIREX's dividend yield for the trailing twelve months is around 2.89%, more than VSIAX's 1.92% 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%
VSIAX
Vanguard Small-Cap Value Index Fund Admiral Shares
1.92%2.12%2.03%1.75%1.68%2.06%2.35%1.79%1.77%1.99%1.77%1.87%

Drawdowns

TIREX vs. VSIAX - Drawdown Comparison

The maximum TIREX drawdown since its inception was -74.18%, which is greater than VSIAX's maximum drawdown of -45.39%. Use the drawdown chart below to compare losses from any high point for TIREX and VSIAX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.29%
-3.19%
TIREX
VSIAX

Volatility

TIREX vs. VSIAX - Volatility Comparison

The current volatility for TIAA-CREF Real Estate Securities Fund Institutional Class (TIREX) is 5.13%, while Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) has a volatility of 5.89%. This indicates that TIREX experiences smaller price fluctuations and is considered to be less risky than VSIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.13%
5.89%
TIREX
VSIAX