Tiaa Cref Correlations

TIIHX Fund

USD 10.75 0.02 0.19%

The current 90-days correlation between Tiaa Cref Inflation and Rbc Bluebay Emerging is 0.5 (i.e., Very weak diversification). The correlation of Tiaa Cref is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Tiaa Cref Correlation With Market

Significant diversification

The correlation between Tiaa Cref Inflation Link and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Inflation Link and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiaa Cref Inflation Link. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in rate.

Moving together with Tiaa Mutual Fund

0.71	TEDNX	Tiaa Cref Emerging	Pair Corr
0.71	TEDTX	Tiaa Cref Emerging	Pair Corr
0.89	TIDPX	Tiaa Cref Bond	Pair Corr
0.64	TIHYX	Tiaa-cref High-yield	Pair Corr
0.88	TIORX	Tiaa Cref Bond	Pair Corr
0.8	TISIX	Tiaa-cref Short-term	Pair Corr
0.64	TLRHX	Tiaa Cref Lifecycle	Pair Corr
0.62	TLSHX	Tiaa Cref Lifestyle	Pair Corr
0.83	TRSHX	Tiaa Cref Short	Pair Corr
0.62	TSCLX	Tiaa Cref Lifestyle	Pair Corr
0.63	TCFPX	Tiaa Cref Lifecycle	Pair Corr
1.0	TCILX	Tiaa-cref Inflation-linked	Pair Corr
0.87	VTAPX	Vanguard Short Term	Pair Corr
0.87	VTSPX	Vanguard Short Term	Pair Corr
0.85	TRLDX	T Rowe Price	Pair Corr
0.87	TRBFX	T Rowe Price	Pair Corr
0.85	TRPZX	T Rowe Price	Pair Corr
0.84	FSTZX	Fidelity Series 0	Pair Corr

Moving against Tiaa Mutual Fund

0.36

MGGAX

Mirova Global Green

Pair Corr

Related Correlations Analysis

	RESAX	PACEX	FMFXX	ANBIX	OWMBX	PRVBX	ARTFX	BBINX
RESAX		0.95	0.67	0.83	0.87	0.91	0.93	0.79	RESAX
PACEX	0.95		0.7	0.81	0.93	0.85	0.91	0.9	PACEX
FMFXX	0.67	0.7		0.49	0.6	0.53	0.86	0.57	FMFXX
ANBIX	0.83	0.81	0.49		0.81	0.88	0.7	0.75	ANBIX
OWMBX	0.87	0.93	0.6	0.81		0.79	0.77	0.98	OWMBX
PRVBX	0.91	0.85	0.53	0.88	0.79		0.78	0.7	PRVBX
ARTFX	0.93	0.91	0.86	0.7	0.77	0.78		0.7	ARTFX
BBINX	0.79	0.9	0.57	0.75	0.98	0.7	0.7		BBINX
	RESAX	PACEX	FMFXX	ANBIX	OWMBX	PRVBX	ARTFX	BBINX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Tiaa Mutual Fund performing well and Tiaa Cref Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tiaa Cref's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RESAX	0.28	0.03	(0.10)	0.76	0.38	(0.33)	0.50	(0.63)	2.17
PACEX	0.17	0.00	(0.21)	0.32	0.31	(0.20)	0.44	(0.34)	1.65
FMFXX	0.03	0.01	0.00	3.79	0.00	0.00	0.00	0.00	1.01
ANBIX	0.18	0.00	(0.32)	(0.14)	0.22	(0.19)	0.39	(0.48)	1.25
OWMBX	0.17	0.01	(0.18)	(0.08)	0.32	(0.18)	0.27	(0.72)	1.80
PRVBX	0.10	0.01	(0.56)	0.43	0.04	(0.11)	0.21	(0.29)	0.82
ARTFX	0.18	0.02	(0.14)	0.31	0.21	(0.23)	0.55	(0.34)	1.13
BBINX	0.20	0.01	(0.18)	0.03	0.38	(0.21)	0.39	(0.80)	2.21

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC