TISPX vs. TIHYX
Compare and contrast key facts about TIAA-CREF S&P 500 Index Fund (TISPX) and TIAA-CREF High Yield Fund (TIHYX).
TISPX is managed by TIAA Investments. It was launched on Oct 1, 2002. TIHYX is managed by TIAA Investments. It was launched on Mar 31, 2006.
Performance
TISPX vs. TIHYX - Performance Comparison
Loading graphics...
TISPX vs. TIHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TISPX TIAA-CREF S&P 500 Index Fund | -3.66% | 17.79% | 24.94% | 26.22% | -18.13% | 28.66% | 18.34% | 31.44% | -4.52% | 19.58% |
TIHYX TIAA-CREF High Yield Fund | -0.28% | 8.43% | 6.75% | 12.42% | -10.72% | 4.81% | 2.63% | 16.67% | -3.10% | 5.69% |
Returns By Period
In the year-to-date period, TISPX achieves a -3.66% return, which is significantly lower than TIHYX's -0.28% return. Over the past 10 years, TISPX has outperformed TIHYX with an annualized return of 13.89%, while TIHYX has yielded a comparatively lower 5.37% annualized return.
TISPX
- 1D
- 0.71%
- 1M
- -3.44%
- YTD
- -3.66%
- 6M
- -1.55%
- 1Y
- 17.30%
- 3Y*
- 18.53%
- 5Y*
- 11.90%
- 10Y*
- 13.89%
TIHYX
- 1D
- 0.34%
- 1M
- -1.01%
- YTD
- -0.28%
- 6M
- 1.36%
- 1Y
- 7.08%
- 3Y*
- 7.83%
- 5Y*
- 3.81%
- 10Y*
- 5.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TISPX vs. TIHYX - Expense Ratio Comparison
TISPX has a 0.05% expense ratio, which is lower than TIHYX's 0.36% expense ratio.
Return for Risk
TISPX vs. TIHYX — Risk / Return Rank
TISPX
TIHYX
TISPX vs. TIHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF S&P 500 Index Fund (TISPX) and TIAA-CREF High Yield Fund (TIHYX). 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.
| TISPX | TIHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.83 | -0.84 |
Sortino ratioReturn per unit of downside risk | 1.52 | 2.68 | -1.16 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.41 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.59 | 2.43 | -0.85 |
Martin ratioReturn relative to average drawdown | 7.54 | 10.65 | -3.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TISPX | TIHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.83 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.75 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.92 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 1.06 | -0.47 |
Correlation
The correlation between TISPX and TIHYX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TISPX vs. TIHYX - Dividend Comparison
TISPX's dividend yield for the trailing twelve months is around 2.44%, less than TIHYX's 6.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TISPX TIAA-CREF S&P 500 Index Fund | 2.44% | 2.35% | 1.52% | 1.48% | 1.91% | 1.77% | 1.53% | 2.16% | 2.94% | 0.36% | 2.39% | 0.65% |
TIHYX TIAA-CREF High Yield Fund | 6.06% | 6.54% | 5.35% | 5.55% | 4.63% | 4.68% | 5.44% | 5.95% | 5.53% | 5.24% | 5.74% | 4.77% |
Drawdowns
TISPX vs. TIHYX - Drawdown Comparison
The maximum TISPX drawdown since its inception was -55.16%, which is greater than TIHYX's maximum drawdown of -27.52%. Use the drawdown chart below to compare losses from any high point for TISPX and TIHYX.
Loading graphics...
Drawdown Indicators
| TISPX | TIHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.16% | -27.52% | -27.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -2.36% | -6.54% |
Max Drawdown (5Y)Largest decline over 5 years | -24.48% | -15.35% | -9.13% |
Max Drawdown (10Y)Largest decline over 10 years | -33.75% | -22.82% | -10.93% |
Current DrawdownCurrent decline from peak | -5.57% | -1.23% | -4.34% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -2.59% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 0.73% | +1.82% |
Volatility
TISPX vs. TIHYX - Volatility Comparison
TIAA-CREF S&P 500 Index Fund (TISPX) has a higher volatility of 5.37% compared to TIAA-CREF High Yield Fund (TIHYX) at 1.47%. This indicates that TISPX's price experiences larger fluctuations and is considered to be riskier than TIHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TISPX | TIHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 1.47% | +3.90% |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | 2.41% | +7.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 3.96% | +14.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 5.15% | +11.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 5.89% | +12.16% |