TISBX vs. QQQ
Compare and contrast key facts about TIAA-CREF Small-Cap Blend Index Fund (TISBX) and Invesco QQQ (QQQ).
TISBX 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: TISBX or QQQ.
Performance
TISBX vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, TISBX achieves a 16.12% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, TISBX has underperformed QQQ with an annualized return of 8.69%, while QQQ has yielded a comparatively higher 18.08% annualized return.
TISBX
16.12%
3.94%
12.50%
32.30%
9.52%
8.69%
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| TISBX | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.43 | 1.71 |
| Sortino Ratio | 2.05 | 2.29 |
| Omega Ratio | 1.26 | 1.31 |
| Calmar Ratio | 1.24 | 2.19 |
| Martin Ratio | 8.12 | 7.95 |
| Ulcer Index | 3.77% | 3.73% |
| Daily Std Dev | 21.36% | 17.38% |
| Max Drawdown | -58.62% | -82.98% |
| Current Drawdown | -4.42% | -2.13% |
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TISBX vs. QQQ - Expense Ratio Comparison
TISBX 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%.
Correlation
The correlation between TISBX and QQQ is 0.77, 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.
Risk-Adjusted Performance
TISBX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Small-Cap Blend Index Fund (TISBX) 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
TISBX vs. QQQ - Dividend Comparison
TISBX's dividend yield for the trailing twelve months is around 1.52%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TISBX TIAA-CREF Small-Cap Blend Index Fund | 1.52% | 1.76% | 1.61% | 1.25% | 1.06% | 1.38% | 1.60% | 1.48% | 1.59% | 1.79% | 1.65% | 1.40% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TISBX vs. QQQ - Drawdown Comparison
The maximum TISBX drawdown since its inception was -58.62%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TISBX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TISBX vs. QQQ - Volatility Comparison
TIAA-CREF Small-Cap Blend Index Fund (TISBX) has a higher volatility of 7.46% compared to Invesco QQQ (QQQ) at 5.66%. This indicates that TISBX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.