TSBIX vs. BND
Compare and contrast key facts about TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and Vanguard Total Bond Market ETF (BND).
TSBIX is managed by TIAA Investments. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond 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: TSBIX or BND.
Key characteristics
| TSBIX | BND | |
|---|---|---|
| YTD Return | 2.63% | 1.59% |
| 1Y Return | 9.15% | 7.87% |
| 3Y Return (Ann) | -2.19% | -2.37% |
| 5Y Return (Ann) | -0.64% | -0.27% |
| 10Y Return (Ann) | 1.26% | 1.41% |
| Sharpe Ratio | 1.58 | 1.34 |
| Sortino Ratio | 2.37 | 1.98 |
| Omega Ratio | 1.29 | 1.24 |
| Calmar Ratio | 0.55 | 0.50 |
| Martin Ratio | 6.02 | 4.75 |
| Ulcer Index | 1.52% | 1.65% |
| Daily Std Dev | 5.79% | 5.84% |
| Max Drawdown | -20.07% | -18.84% |
| Current Drawdown | -9.18% | -9.17% |
Correlation
The correlation between TSBIX and BND is 0.91, 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
TSBIX vs. BND - Performance Comparison
In the year-to-date period, TSBIX achieves a 2.63% return, which is significantly higher than BND's 1.59% return. Over the past 10 years, TSBIX has underperformed BND with an annualized return of 1.26%, while BND has yielded a comparatively higher 1.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TSBIX vs. BND - Expense Ratio Comparison
TSBIX has a 0.35% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
TSBIX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and Vanguard Total Bond Market ETF (BND). 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
TSBIX vs. BND - Dividend Comparison
TSBIX's dividend yield for the trailing twelve months is around 4.29%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSBIX TIAA-CREF Core Impact Bond Fund Institutional Class | 4.29% | 3.77% | 2.83% | 1.68% | 2.14% | 2.80% | 2.88% | 2.45% | 2.55% | 2.39% | 1.99% | 1.59% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
TSBIX vs. BND - Drawdown Comparison
The maximum TSBIX drawdown since its inception was -20.07%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TSBIX and BND. For additional features, visit the drawdowns tool.
Volatility
TSBIX vs. BND - Volatility Comparison
TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.71% and 1.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.