TNSHX vs. BSV
Compare and contrast key facts about TIAA-CREF Short-Term Bond Index Fund (TNSHX) and Vanguard Short-Term Bond ETF (BSV).
TNSHX is managed by TIAA Investments. It was launched on Aug 7, 2015. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNSHX or BSV.
Correlation
The correlation between TNSHX and BSV is 0.74, 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
TNSHX vs. BSV - Performance Comparison
Key characteristics
TNSHX:
2.17
BSV:
1.86
TNSHX:
3.75
BSV:
2.75
TNSHX:
1.51
BSV:
1.35
TNSHX:
4.68
BSV:
1.49
TNSHX:
12.31
BSV:
6.60
TNSHX:
0.37%
BSV:
0.64%
TNSHX:
2.11%
BSV:
2.29%
TNSHX:
-6.27%
BSV:
-8.54%
TNSHX:
-0.31%
BSV:
-0.64%
Returns By Period
In the year-to-date period, TNSHX achieves a 0.17% return, which is significantly lower than BSV's 0.22% return.
TNSHX
0.17%
0.48%
1.39%
4.90%
1.38%
N/A
BSV
0.22%
0.65%
0.65%
4.66%
1.17%
1.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TNSHX vs. BSV - Expense Ratio Comparison
TNSHX has a 0.09% expense ratio, which is higher than BSV's 0.04% 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
TNSHX vs. BSV — Risk-Adjusted Performance Rank
TNSHX
BSV
TNSHX vs. BSV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Short-Term Bond Index Fund (TNSHX) and Vanguard Short-Term Bond ETF (BSV). 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
TNSHX vs. BSV - Dividend Comparison
TNSHX's dividend yield for the trailing twelve months is around 4.36%, more than BSV's 3.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNSHX TIAA-CREF Short-Term Bond Index Fund | 4.36% | 4.32% | 3.24% | 1.19% | 0.63% | 1.61% | 2.32% | 1.99% | 1.29% | 0.97% | 0.32% | 0.00% |
BSV Vanguard Short-Term Bond ETF | 3.45% | 3.38% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.49% | 1.40% | 1.45% |
Drawdowns
TNSHX vs. BSV - Drawdown Comparison
The maximum TNSHX drawdown since its inception was -6.27%, smaller than the maximum BSV drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for TNSHX and BSV. For additional features, visit the drawdowns tool.
Volatility
TNSHX vs. BSV - Volatility Comparison
The current volatility for TIAA-CREF Short-Term Bond Index Fund (TNSHX) is 0.55%, while Vanguard Short-Term Bond ETF (BSV) has a volatility of 0.58%. This indicates that TNSHX experiences smaller price fluctuations and is considered to be less risky than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.