TSBIX vs. WOBDX
Compare and contrast key facts about TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) and JPMorgan Core Bond Fund (WOBDX).
TSBIX is managed by TIAA Investments. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSBIX or WOBDX.
Key characteristics
| TSBIX | WOBDX | |
|---|---|---|
| YTD Return | 3.32% | 2.82% |
| 1Y Return | 10.02% | 9.32% |
| 3Y Return (Ann) | -2.24% | -2.09% |
| 5Y Return (Ann) | -0.39% | -0.05% |
| 10Y Return (Ann) | 1.35% | 1.39% |
| Sharpe Ratio | 1.57 | 1.47 |
| Sortino Ratio | 2.33 | 2.18 |
| Omega Ratio | 1.28 | 1.26 |
| Calmar Ratio | 0.54 | 0.54 |
| Martin Ratio | 6.10 | 5.60 |
| Ulcer Index | 1.50% | 1.51% |
| Daily Std Dev | 5.82% | 5.75% |
| Max Drawdown | -20.07% | -18.25% |
| Current Drawdown | -8.57% | -7.75% |
Correlation
The correlation between TSBIX and WOBDX is 0.93, 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. WOBDX - Performance Comparison
In the year-to-date period, TSBIX achieves a 3.32% return, which is significantly higher than WOBDX's 2.82% return. Both investments have delivered pretty close results over the past 10 years, with TSBIX having a 1.35% annualized return and WOBDX not far ahead at 1.39%. 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. WOBDX - Expense Ratio Comparison
TSBIX has a 0.35% expense ratio, which is lower than WOBDX's 0.50% expense ratio.
Risk-Adjusted Performance
TSBIX vs. WOBDX - 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 JPMorgan Core Bond Fund (WOBDX). 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. WOBDX - Dividend Comparison
TSBIX's dividend yield for the trailing twelve months is around 4.26%, more than WOBDX's 3.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSBIX TIAA-CREF Core Impact Bond Fund Institutional Class | 4.26% | 3.77% | 2.83% | 1.68% | 2.14% | 2.80% | 2.88% | 2.45% | 2.55% | 2.39% | 1.99% | 1.59% |
WOBDX JPMorgan Core Bond Fund | 3.89% | 3.49% | 2.68% | 2.07% | 2.36% | 2.77% | 2.80% | 2.66% | 2.47% | 2.34% | 2.53% | 2.76% |
Drawdowns
TSBIX vs. WOBDX - Drawdown Comparison
The maximum TSBIX drawdown since its inception was -20.07%, which is greater than WOBDX's maximum drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for TSBIX and WOBDX. For additional features, visit the drawdowns tool.
Volatility
TSBIX vs. WOBDX - Volatility Comparison
TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX) has a higher volatility of 1.63% compared to JPMorgan Core Bond Fund (WOBDX) at 1.51%. This indicates that TSBIX's price experiences larger fluctuations and is considered to be riskier than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.