TISEX vs. TILGX

Last updated Jun 4, 2026

TISEX (TIAA-CREF Quant Small-Cap Equity Fund) and TILGX (TIAA-CREF Large-Cap Growth Fund Institutional Class) are both mutual funds - TISEX is a Small Cap Blend Equities fund managed by TIAA Investments, while TILGX is a Large Cap Growth Equities fund managed by TIAA Investments. Over the past 10 years, TISEX returned 12.98%/yr vs 16.75%/yr for TILGX. Their correlation of 0.81 suggests significant overlap in exposure. TISEX charges 0.41%/yr vs 0.40%/yr for TILGX.

Performance

TISEX vs. TILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Quant Small-Cap Equity Fund (TISEX) and TIAA-CREF Large-Cap Growth Fund Institutional Class (TILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TISEX achieves a 19.56% return, which is significantly higher than TILGX's 8.14% return. Over the past 10 years, TISEX has underperformed TILGX with an annualized return of 12.98%, while TILGX has yielded a comparatively higher 16.75% annualized return.

TISEX

• 1D: 1.25%
• 1M: 5.20%
• YTD: 19.56%
• 6M: 19.03%
• 1Y: 43.20%
• 3Y*: 22.20%
• 5Y*: 10.85%
• 10Y*: 12.98%

TILGX

• 1D: -0.06%
• 1M: 5.43%
• YTD: 8.14%
• 6M: 7.42%
• 1Y: 24.29%
• 3Y*: 22.92%
• 5Y*: 11.71%
• 10Y*: 16.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TISEX vs. TILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TISEX TIAA-CREF Quant Small-Cap Equity Fund	19.56%	16.31%	16.29%	18.72%	-15.49%	25.00%	12.81%	23.94%	-12.33%	14.07%
TILGX TIAA-CREF Large-Cap Growth Fund Institutional Class	8.14%	15.25%	29.23%	47.05%	-32.76%	16.84%	44.23%	30.76%	-0.38%	33.89%

Correlation

The correlation between TISEX and TILGX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Apr 3, 2006	0.81

The correlation between TISEX and TILGX shifts across timeframes, from 0.66 (3 years) to 0.81 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TISEX vs. TILGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TISEX

TISEX Risk / Return Rank: 72
TISEX Sharpe Ratio Rank: 67
TISEX Sortino Ratio Rank: 59
TISEX Omega Ratio Rank: 53
TISEX Calmar Ratio Rank: 92
TISEX Martin Ratio Rank: 91

TILGX

TILGX Risk / Return Rank: 26
TILGX Sharpe Ratio Rank: 32
TILGX Sortino Ratio Rank: 29
TILGX Omega Ratio Rank: 30
TILGX Calmar Ratio Rank: 20
TILGX Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TISEX vs. TILGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Quant Small-Cap Equity Fund (TISEX) and TIAA-CREF Large-Cap Growth Fund Institutional Class (TILGX). 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.

	TISEX	TILGX	Difference
Sharpe ratio Return per unit of total volatility	2.40	1.62	+0.77
Sortino ratio Return per unit of downside risk	3.24	2.21	+1.02
Omega ratio Gain probability vs. loss probability	1.40	1.29	+0.11
Calmar ratio Return relative to maximum drawdown	4.93	1.66	+3.26
Martin ratio Return relative to average drawdown	18.46	5.60	+12.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TISEX vs. TILGX - Sharpe Ratio Comparison

The current TISEX Sharpe Ratio is 2.40, which is higher than the TILGX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of TISEX and TILGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TISEX	TILGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	1.62	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.54	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.78	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.57	-0.09

Drawdowns

TISEX vs. TILGX - Drawdown Comparison

The maximum TISEX drawdown since its inception was -59.91%, which is greater than TILGX's maximum drawdown of -52.16%. Use the drawdown chart below to compare losses from any high point for TISEX and TILGX.

Drawdown Indicators

	TISEX	TILGX	Difference
Max Drawdown Largest peak-to-trough decline	-59.91%	-52.16%	-7.75%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-15.19%	+5.99%
Max Drawdown (3Y) Largest decline over 3 years	-26.18%	-23.94%	-2.24%
Max Drawdown (5Y) Largest decline over 5 years	-27.92%	-37.86%	+9.94%
Max Drawdown (10Y) Largest decline over 10 years	-45.76%	-37.86%	-7.90%
Current Drawdown Current decline from peak	0.00%	-0.06%	+0.06%
Average Drawdown Average peak-to-trough decline	-9.36%	-8.85%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.45%	4.50%	-2.05%

Volatility

TISEX vs. TILGX - Volatility Comparison

TIAA-CREF Quant Small-Cap Equity Fund (TISEX) has a higher volatility of 5.57% compared to TIAA-CREF Large-Cap Growth Fund Institutional Class (TILGX) at 3.07%. This indicates that TISEX's price experiences larger fluctuations and is considered to be riskier than TILGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TISEX	TILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	3.07%	+2.50%
Volatility (6M) Calculated over the trailing 6-month period	13.29%	11.33%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	18.91%	15.56%	+3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.05%	21.87%	+0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.39%	21.61%	+1.78%

TISEX vs. TILGX - Expense Ratio Comparison

TISEX has a 0.41% expense ratio, which is higher than TILGX's 0.40% expense ratio.

Dividends

TISEX vs. TILGX - Dividend Comparison

TISEX's dividend yield for the trailing twelve months is around 7.62%, less than TILGX's 12.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TILGX TIAA-CREF Large-Cap Growth Fund Institutional Class	12.83%	13.87%	6.41%	0.22%	0.42%	10.49%	37.04%	4.41%	14.12%	3.83%	1.82%	3.80%
TISEX TIAA-CREF Quant Small-Cap Equity Fund	7.62%	9.11%	12.26%	2.08%	6.47%	21.14%	0.63%	5.41%	20.46%	10.29%	3.48%	7.75%

Frequently Asked Questions

Can I hold both TISEX and TILGX in my portfolio?

TISEX and TILGX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TISEX or TILGX?

TISEX has higher volatility (5.57%) compared to TILGX (3.07%). In terms of maximum drawdown, TISEX dropped -59.91% vs TILGX's -52.16%.

Which has better risk-adjusted returns?

TISEX currently has the higher Sharpe Ratio (2.40 vs 1.62), 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.