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USSBX vs. TNSHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

USSBX vs. TNSHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Short Term Bond Fund (USSBX) and TIAA-CREF Short-Term Bond Index Fund (TNSHX). The values are adjusted to include any dividend payments, if applicable.

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USSBX vs. TNSHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
USSBX
USAA Short Term Bond Fund
0.09%5.79%6.21%5.99%-2.95%1.08%4.75%5.00%1.24%2.30%
TNSHX
TIAA-CREF Short-Term Bond Index Fund
-0.07%5.31%4.03%4.05%-3.96%-0.57%3.26%4.05%1.31%0.70%

Returns By Period

In the year-to-date period, USSBX achieves a 0.09% return, which is significantly higher than TNSHX's -0.07% return. Over the past 10 years, USSBX has outperformed TNSHX with an annualized return of 3.09%, while TNSHX has yielded a comparatively lower 1.78% annualized return.


USSBX

1D
0.11%
1M
-0.76%
YTD
0.09%
6M
1.14%
1Y
4.16%
3Y*
5.67%
5Y*
3.10%
10Y*
3.09%

TNSHX

1D
0.00%
1M
-0.62%
YTD
-0.07%
6M
0.96%
1Y
3.56%
3Y*
3.89%
5Y*
1.72%
10Y*
1.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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USSBX vs. TNSHX - Expense Ratio Comparison

USSBX has a 0.54% expense ratio, which is higher than TNSHX's 0.09% expense ratio.


Return for Risk

USSBX vs. TNSHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USSBX
USSBX Risk / Return Rank: 9696
Overall Rank
USSBX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
USSBX Sortino Ratio Rank: 9797
Sortino Ratio Rank
USSBX Omega Ratio Rank: 9696
Omega Ratio Rank
USSBX Calmar Ratio Rank: 9797
Calmar Ratio Rank
USSBX Martin Ratio Rank: 9797
Martin Ratio Rank

TNSHX
TNSHX Risk / Return Rank: 9393
Overall Rank
TNSHX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
TNSHX Sortino Ratio Rank: 9595
Sortino Ratio Rank
TNSHX Omega Ratio Rank: 9292
Omega Ratio Rank
TNSHX Calmar Ratio Rank: 9696
Calmar Ratio Rank
TNSHX Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

USSBX vs. TNSHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Short Term Bond Fund (USSBX) and TIAA-CREF Short-Term Bond Index Fund (TNSHX). 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.


USSBXTNSHXDifference

Sharpe ratio

Return per unit of total volatility

2.19

1.83

+0.36

Sortino ratio

Return per unit of downside risk

3.87

3.29

+0.58

Omega ratio

Gain probability vs. loss probability

1.60

1.45

+0.16

Calmar ratio

Return relative to maximum drawdown

4.17

3.67

+0.50

Martin ratio

Return relative to average drawdown

15.95

13.23

+2.72

USSBX vs. TNSHX - Sharpe Ratio Comparison

The current USSBX Sharpe Ratio is 2.19, which is comparable to the TNSHX Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of USSBX and TNSHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


USSBXTNSHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.19

1.83

+0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.60

0.78

+0.82

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.75

0.99

+0.75

Sharpe Ratio (All Time)

Calculated using the full available price history

1.69

1.03

+0.66

Correlation

The correlation between USSBX and TNSHX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

USSBX vs. TNSHX - Dividend Comparison

USSBX's dividend yield for the trailing twelve months is around 4.19%, more than TNSHX's 3.82% yield.


TTM20252024202320222021202020192018201720162015
USSBX
USAA Short Term Bond Fund
4.19%4.51%4.32%3.37%2.38%2.72%3.41%2.79%2.44%1.94%1.86%1.69%
TNSHX
TIAA-CREF Short-Term Bond Index Fund
3.82%4.22%3.94%2.68%1.00%1.03%1.81%2.45%1.80%1.31%0.98%0.00%

Drawdowns

USSBX vs. TNSHX - Drawdown Comparison

The maximum USSBX drawdown since its inception was -6.87%, which is greater than TNSHX's maximum drawdown of -5.99%. Use the drawdown chart below to compare losses from any high point for USSBX and TNSHX.


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Drawdown Indicators


USSBXTNSHXDifference

Max Drawdown

Largest peak-to-trough decline

-6.87%

-5.99%

-0.88%

Max Drawdown (1Y)

Largest decline over 1 year

-1.09%

-1.13%

+0.04%

Max Drawdown (5Y)

Largest decline over 5 years

-5.11%

-5.99%

+0.88%

Max Drawdown (10Y)

Largest decline over 10 years

-5.57%

-5.99%

+0.42%

Current Drawdown

Current decline from peak

-0.87%

-0.82%

-0.05%

Average Drawdown

Average peak-to-trough decline

-0.63%

-0.90%

+0.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.28%

0.31%

-0.03%

Volatility

USSBX vs. TNSHX - Volatility Comparison

USAA Short Term Bond Fund (USSBX) and TIAA-CREF Short-Term Bond Index Fund (TNSHX) have volatilities of 0.53% and 0.52%, 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.


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Volatility by Period


USSBXTNSHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.53%

0.52%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

1.23%

1.23%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

1.94%

1.99%

-0.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.95%

2.22%

-0.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.77%

1.80%

-0.03%