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.
Key characteristics
| TISBX | QQQ | |
|---|---|---|
| YTD Return | 21.49% | 26.02% |
| 1Y Return | 44.82% | 36.73% |
| 3Y Return (Ann) | 1.88% | 9.97% |
| 5Y Return (Ann) | 10.53% | 21.44% |
| 10Y Return (Ann) | 9.18% | 18.42% |
| Sharpe Ratio | 2.12 | 2.28 |
| Sortino Ratio | 2.90 | 2.98 |
| Omega Ratio | 1.37 | 1.41 |
| Calmar Ratio | 1.66 | 2.94 |
| Martin Ratio | 12.54 | 10.71 |
| Ulcer Index | 3.71% | 3.72% |
| Daily Std Dev | 21.93% | 17.35% |
| Max Drawdown | -58.62% | -82.98% |
| Current Drawdown | 0.00% | -0.06% |
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.
Performance
TISBX vs. QQQ - Performance Comparison
In the year-to-date period, TISBX achieves a 21.49% return, which is significantly lower than QQQ's 26.02% return. Over the past 10 years, TISBX has underperformed QQQ with an annualized return of 9.18%, while QQQ has yielded a comparatively higher 18.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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%.
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 1.45%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TISBX TIAA-CREF Small-Cap Blend Index Fund | 1.45% | 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 | 0.59% | 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 7.07% compared to Invesco QQQ (QQQ) at 5.18%. 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.