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TRGP vs. TILGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TRGP and TILGX is 0.36, 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.


-0.50.00.51.00.4

Performance

TRGP vs. TILGX - Performance Comparison

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

600.00%800.00%1,000.00%1,200.00%1,400.00%JulyAugustSeptemberOctoberNovemberDecember
1,236.68%
627.60%
TRGP
TILGX

Key characteristics

Sharpe Ratio

TRGP:

4.62

TILGX:

1.29

Sortino Ratio

TRGP:

4.99

TILGX:

1.69

Omega Ratio

TRGP:

1.71

TILGX:

1.26

Calmar Ratio

TRGP:

6.43

TILGX:

1.83

Martin Ratio

TRGP:

32.66

TILGX:

6.83

Ulcer Index

TRGP:

3.39%

TILGX:

3.65%

Daily Std Dev

TRGP:

23.97%

TILGX:

19.31%

Max Drawdown

TRGP:

-95.21%

TILGX:

-52.16%

Current Drawdown

TRGP:

-14.88%

TILGX:

-6.18%

Returns By Period

In the year-to-date period, TRGP achieves a 108.11% return, which is significantly higher than TILGX's 23.33% return. Over the past 10 years, TRGP has underperformed TILGX with an annualized return of 10.96%, while TILGX has yielded a comparatively higher 14.52% annualized return.


TRGP

YTD

108.11%

1M

-14.88%

6M

42.76%

1Y

108.50%

5Y*

37.84%

10Y*

10.96%

TILGX

YTD

23.33%

1M

-1.95%

6M

4.15%

1Y

23.59%

5Y*

15.58%

10Y*

14.52%

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Risk-Adjusted Performance

TRGP vs. TILGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) 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.


Sharpe ratio
The chart of Sharpe ratio for TRGP, currently valued at 4.62, compared to the broader market-4.00-2.000.002.004.621.29
The chart of Sortino ratio for TRGP, currently valued at 4.99, compared to the broader market-4.00-2.000.002.004.004.991.69
The chart of Omega ratio for TRGP, currently valued at 1.71, compared to the broader market0.501.001.502.001.711.26
The chart of Calmar ratio for TRGP, currently valued at 6.43, compared to the broader market0.002.004.006.006.431.83
The chart of Martin ratio for TRGP, currently valued at 32.66, compared to the broader market-5.000.005.0010.0015.0020.0025.0032.666.83
TRGP
TILGX

The current TRGP Sharpe Ratio is 4.62, which is higher than the TILGX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of TRGP and TILGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
4.62
1.29
TRGP
TILGX

Dividends

TRGP vs. TILGX - Dividend Comparison

TRGP's dividend yield for the trailing twelve months is around 1.56%, while TILGX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
TRGP
Targa Resources Corp.
1.56%2.13%1.90%0.77%4.59%8.92%10.11%7.52%6.49%12.53%2.53%2.33%
TILGX
TIAA-CREF Large-Cap Growth Fund Institutional Class
0.00%0.22%0.42%0.14%0.50%0.42%0.69%0.48%0.61%0.37%0.33%0.37%

Drawdowns

TRGP vs. TILGX - Drawdown Comparison

The maximum TRGP drawdown since its inception was -95.21%, which is greater than TILGX's maximum drawdown of -52.16%. Use the drawdown chart below to compare losses from any high point for TRGP and TILGX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.88%
-6.18%
TRGP
TILGX

Volatility

TRGP vs. TILGX - Volatility Comparison

Targa Resources Corp. (TRGP) has a higher volatility of 10.00% compared to TIAA-CREF Large-Cap Growth Fund Institutional Class (TILGX) at 8.04%. This indicates that TRGP'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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.00%
8.04%
TRGP
TILGX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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