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TISIX vs. VBIRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TISIX and VBIRX is -0.16. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

TISIX vs. VBIRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Short Term Bond Fund (TISIX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TISIX:

2.73

VBIRX:

2.17

Sortino Ratio

TISIX:

5.00

VBIRX:

3.57

Omega Ratio

TISIX:

1.67

VBIRX:

1.45

Calmar Ratio

TISIX:

6.65

VBIRX:

2.26

Martin Ratio

TISIX:

17.91

VBIRX:

8.56

Ulcer Index

TISIX:

0.33%

VBIRX:

0.67%

Daily Std Dev

TISIX:

2.17%

VBIRX:

2.64%

Max Drawdown

TISIX:

-5.01%

VBIRX:

-8.64%

Current Drawdown

TISIX:

-0.39%

VBIRX:

-0.68%

Returns By Period

In the year-to-date period, TISIX achieves a 1.60% return, which is significantly lower than VBIRX's 1.93% return. Over the past 10 years, TISIX has outperformed VBIRX with an annualized return of 2.25%, while VBIRX has yielded a comparatively lower 1.70% annualized return.


TISIX

YTD

1.60%

1M

0.30%

6M

2.34%

1Y

5.87%

5Y*

2.46%

10Y*

2.25%

VBIRX

YTD

1.93%

1M

0.20%

6M

2.35%

1Y

5.70%

5Y*

1.01%

10Y*

1.70%

*Annualized

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TISIX vs. VBIRX - Expense Ratio Comparison

TISIX has a 0.26% expense ratio, which is higher than VBIRX's 0.07% expense ratio. However, 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

TISIX vs. VBIRX — Risk-Adjusted Performance Rank

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

TISIX
The Risk-Adjusted Performance Rank of TISIX is 9797
Overall Rank
The Sharpe Ratio Rank of TISIX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of TISIX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of TISIX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of TISIX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of TISIX is 9797
Martin Ratio Rank

VBIRX
The Risk-Adjusted Performance Rank of VBIRX is 9494
Overall Rank
The Sharpe Ratio Rank of VBIRX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of VBIRX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of VBIRX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of VBIRX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of VBIRX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TISIX vs. VBIRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Short Term Bond Fund (TISIX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX). 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.


The current TISIX Sharpe Ratio is 2.73, which is comparable to the VBIRX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of TISIX and VBIRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TISIX vs. VBIRX - Dividend Comparison

TISIX's dividend yield for the trailing twelve months is around 3.99%, more than VBIRX's 3.23% yield.


TTM20242023202220212020201920182017201620152014
TISIX
TIAA-CREF Short Term Bond Fund
3.99%4.26%3.52%2.68%1.75%2.03%2.70%2.23%1.86%1.86%1.55%1.40%
VBIRX
Vanguard Short-Term Bond Index Fund Admiral Shares
3.23%3.36%2.41%1.44%1.17%1.78%2.23%2.04%1.53%1.48%1.32%1.20%

Drawdowns

TISIX vs. VBIRX - Drawdown Comparison

The maximum TISIX drawdown since its inception was -5.01%, smaller than the maximum VBIRX drawdown of -8.64%. Use the drawdown chart below to compare losses from any high point for TISIX and VBIRX. For additional features, visit the drawdowns tool.


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Volatility

TISIX vs. VBIRX - Volatility Comparison


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