Tiaa Cref Correlations

TRLCX Fund

USD 23.92 0.04 0.17%

The current 90-days correlation between Tiaa Cref Large and Ab Large Cap is 0.29 (i.e., Modest 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

Very weak diversification

The correlation between Tiaa Cref Large Cap Value and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiaa Cref Large Cap Value 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 Large Cap Value. 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 services.

Moving together with Tiaa Mutual Fund

0.68	TEIHX	Tiaa Cref Equity	Pair Corr
0.73	TEMLX	Tiaa Cref Emerging	Pair Corr
0.72	TEMHX	Tiaa Cref Emerging	Pair Corr
0.78	TEMVX	Tiaa Cref Emerging	Pair Corr
0.64	TEMSX	Tiaa Cref Emerging	Pair Corr
0.7	TEMPX	Tiaa Cref Emerging	Pair Corr
0.69	TENWX	Tiaa Cref Emerging	Pair Corr
0.65	TEQKX	Tiaa Cref Emerging	Pair Corr
0.67	TEQHX	Tiaa Cref Emerging	Pair Corr
0.66	TEQSX	Tiaa Cref Emerging	Pair Corr
0.67	TEQPX	Tiaa Cref Emerging	Pair Corr
0.68	TFTIX	Tiaa Cref Lifecycle	Pair Corr
0.62	TFTHX	Tiaa Cref Lifecycle	Pair Corr
0.92	TGIHX	Tiaa Cref Growth	Pair Corr
0.92	TGIWX	Tiaa Cref Growth	Pair Corr
0.95	THCVX	Tiaa Cref Large	Pair Corr
0.72	TIBEX	Tiaa Cref Intl	Pair Corr
0.76	TIBNX	Tiaa Cref Intl	Pair Corr
0.75	TIBLX	Tiaa Cref Intl	Pair Corr
0.78	TIBUX	Tiaa Cref International	Pair Corr
0.75	TIBVX	Tiaa Cref Intl	Pair Corr

Related Correlations Analysis

	APGCX	SOPAX	PRDSX	TTMIX	FEMKX	GQETX	SVAIX	DHLRX	VSEQX
APGCX		-0.34	0.03	-0.71	0.12	-0.32	0.68	-0.23	-0.1	APGCX
SOPAX	-0.34		0.48	0.58	-0.12	0.45	-0.23	0.6	0.73	SOPAX
PRDSX	0.03	0.48		0.57	0.41	0.74	-0.14	0.71	0.76	PRDSX
TTMIX	-0.71	0.58	0.57		0.1	0.65	-0.62	0.67	0.54	TTMIX
FEMKX	0.12	-0.12	0.41	0.1		0.44	-0.32	0.04	0.1	FEMKX
GQETX	-0.32	0.45	0.74	0.65	0.44		-0.39	0.63	0.64	GQETX
SVAIX	0.68	-0.23	-0.14	-0.62	-0.32	-0.39		-0.17	-0.08	SVAIX
DHLRX	-0.23	0.6	0.71	0.67	0.04	0.63	-0.17		0.64	DHLRX
VSEQX	-0.1	0.73	0.76	0.54	0.1	0.64	-0.08	0.64		VSEQX
	APGCX	SOPAX	PRDSX	TTMIX	FEMKX	GQETX	SVAIX	DHLRX	VSEQX

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VSEQX	+ 0.76	PRDSX
GQETX	+ 0.74	PRDSX
VSEQX	+ 0.73	SOPAX
DHLRX	+ 0.71	PRDSX
SVAIX	+ 0.68	APGCX
DHLRX	+ 0.67	TTMIX

High negative correlations

TTMIX	- 0.71	APGCX
SVAIX	- 0.62	TTMIX
SVAIX	- 0.39	GQETX
SOPAX	- 0.34	APGCX
SVAIX	- 0.32	FEMKX
GQETX	- 0.32	APGCX

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
APGCX	0.82	0.13	0.10	0.24	0.88	(0.88)	1.87	(1.64)	12.27
SOPAX	0.63	(0.17)	0.00	(0.18)	0.00	0.00	1.02	(0.95)	10.62
PRDSX	0.99	(0.12)	0.00	(0.02)	0.00	0.00	1.80	(2.05)	8.92
TTMIX	1.03	(0.46)	0.00	(0.44)	0.00	0.00	1.26	(2.10)	23.02
FEMKX	0.76	0.06	(0.01)	5.54	1.00	(0.75)	1.36	(1.44)	5.09
GQETX	0.74	(0.10)	0.00	(0.02)	0.00	0.00	1.26	(1.27)	10.59
SVAIX	0.51	0.08	0.01	3.47	0.39	(0.62)	1.00	(0.82)	3.84
DHLRX	0.63	(0.12)	0.00	(0.06)	0.00	0.00	1.24	(1.32)	7.25
VSEQX	0.93	(0.18)	0.00	(0.06)	0.00	0.00	1.55	(1.92)	12.61

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