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TDA: Sustainable (continues Socially Responsive) Fund

May 23, 2020 pm31 12:22 pm

The Socially Responsive Fund started in July 2008 (with a unit value of $10). There were several funds started at the same time. How has it fared?

At first glance, it seems to have slightly but consistently outperformed the Diversified Equity Fund. More interestingly, it set a new high in January 2020, and stands ABOVE that point in May 2020, today. I do not know why. I am not a financial analyst.

New York City teachers who contribute to a TDA have several choices of funds.

Quick note – the Socially Responsive Fund was ended and a Sustainable Fund started last October (2019). I do not know the difference. Funds were automatically moved from the former to the latter.

I previously posted a graph of the Diversified Fund, and compared it to a fixed investment. Since there are no fixed “units” I matched them arbitrarily at January 2010.  This time I will make all three equal at July 2008.

Notice, this is not analysis. I am not a financial analyst. For one thing, no one has the option of buying in at July 2008 – that’s long past. And no one buys in all at once – meaning there is not really a “correct date” to set the funds equal for the sake of comparison.

Anyway, two graphs, one with the actual unit values, the second scaled to make them equal July 2008:

And the raw data (the fixed values are set at $18 in January 2000. This is arbitrary on my part)

Date Diversified Fund Unit Values Fixed Socially Responsive
Jan-00 $74.220 $18.00
Feb-00 $71.086 $18.12
Mar-00 $71.665 $18.24
Apr-00 $76.533 $18.37
May-00 $73.769 $18.50
Jun-00 $71.763 $18.63
Jul-00 $73.669 $18.76
Aug-00 $72.281 $18.89
Sep-00 $76.444 $19.02
Oct-00 $72.885 $19.15
Nov-00 $71.865 $19.28
Dec-00 $66.328 $19.41
Jan-01 $67.534 $19.54
Feb-01 $69.120 $19.67
Mar-01 $63.228 $19.81
Apr-01 $59.113 $19.95
May-01 $63.277 $20.09
Jun-01 $63.336 $20.23
Jul-01 $61.900 $20.37
Aug-01 $60.945 $20.51
Sep-01 $57.696 $20.65
Oct-01 $52.638 $20.79
Nov-01 $53.766 $20.93
Dec-01 $57.135 $21.07
Jan-02 $57.709 $21.21
Feb-02 $56.530 $21.36
Mar-02 $55.518 $21.51
Apr-02 $57.547 $21.66
May-02 $55.073 $21.81
Jun-02 $54.528 $21.96
Jul-02 $50.928 $22.11
Aug-02 $46.829 $22.26
Sep-02 $46.952 $22.41
Oct-02 $42.026 $22.56
Nov-02 $45.038 $22.72
Dec-02 $47.348 $22.88
Jan-03 $44.843 $23.04
Feb-03 $43.846 $23.20
Mar-03 $42.624 $23.36
Apr-03 $42.752 $23.52
May-03 $46.057 $23.68
Jun-03 $48.607 $23.84
Jul-03 $49.115 $24.00
Aug-03 $49.698 $24.17
Sep-03 $50.575 $24.34
Oct-03 $50.311 $24.51
Nov-03 $52.934 $24.68
Dec-03 $53.522 $24.85
Jan-04 $55.993 $25.02
Feb-04 $56.928 $25.19
Mar-04 $57.611 $25.36
Apr-04 $57.003 $25.53
May-04 $55.520 $25.71
Jun-04 $55.947 $25.89
Jul-04 $56.883 $26.07
Aug-04 $54.801 $26.25
Sep-04 $54.914 $26.43
Oct-04 $55.703 $26.61
Nov-04 $56.503 $26.79
Dec-04 $58.976 $26.97
Jan-05 $60.909 $27.16
Feb-05 $59.282 $27.35
Mar-05 $60.546 $27.54
Apr-05 $59.243 $27.73
May-05 $57.824 $27.92
Jun-05 $59.463 $28.11
Jul-05 $59.684 $28.30
Aug-05 $61.706 $28.49
Sep-05 $61.408 $28.69
Oct-05 $62.071 $28.89
Nov-05 $60.611 $29.09
Dec-05 $62.582 $29.29
Jan-06 $63.038 $29.49
Feb-06 $65.061 $29.69
Mar-06 $64.864 $29.89
Apr-06 $65.757 $30.10
May-06 $66.618 $30.31
Jun-06 $64.315 $30.52
Jul-06 $64.128 $30.73
Aug-06 $64.037 $30.94
Sep-06 $65.387 $31.15
Oct-06 $66.430 $31.36
Nov-06 $68.431 $31.58
Dec-06 $69.661 $31.80
Jan-07 $70.413 $32.02
Feb-07 $71.280 $32.24
Mar-07 $70.152 $32.46
Apr-07 $70.788 $32.68
May-07 $73.261 $32.90
Jun-07 $75.354 $33.13
Jul-07 $74.093 $33.36
Aug-07 $71.679 $33.59
Sep-07 $72.005 $33.82
Oct-07 $74.399 $34.05
Nov-07 $75.726 $34.28
Dec-07 $72.353 $34.52
Jan-08 $71.460 $34.76
Feb-08 $66.717 $35.00
Mar-08 $65.133 $35.24
Apr-08 $64.299 $35.48
May-08 $67.195 $35.72
Jun-08 $68.275 $35.97
Jul-08 $62.888 $36.22 $10.000
Aug-08 $61.869 $36.47 $9.892
Sep-08 $61.936 $36.72 $9.963
Oct-08 $55.357 $36.97 $9.177
Nov-08 $45.089 $37.22 $8.041
Dec-08 $41.509 $37.48 $7.529
Jan-09 $42.493 $37.74 $7.479
Feb-09 $39.175 $38.00 $7.167
Mar-09 $35.364 $38.26 $6.844
Apr-09 $37.945 $38.52 $7.113
May-09 $41.505 $38.78 $7.565
Jun-09 $43.979 $39.05 $7.877
Jul-09 $44.033 $39.32 $7.768
Aug-09 $47.180 $39.59 $8.264
Sep-09 $48.744 $39.86 $8.338
Oct-09 $50.532 $40.13 $8.734
Nov-09 $49.387 $40.41 $8.455
Dec-09 $51.621 $40.69 $8.713
Jan-10 $52.629 $40.93 $9.059
Feb-10 $50.713 $41.17 $8.804
Mar-10 $51.840 $41.41 $9.139
Apr-10 $54.716 $41.65 $9.543
May-10 $55.347 $41.89 $9.883
Jun-10 $50.806 $42.13 $9.155
Jul-10 $48.310 $42.38 $8.810
Aug-10 $51.433 $42.63 $9.202
Sep-10 $49.212 $42.88 $8.716
Oct-10 $53.481 $43.13 $9.500
Nov-10 $55.253 $43.38 $9.938
Dec-10 $54.825 $43.63 $9.972
Jan-11 $58.207 $43.88 $10.577
Feb-11 $59.246 $44.14 $10.712
Mar-11 $61.050 $44.40 $11.176
Apr-11 $80.881 $44.66 $11.189
May-11 $62.750 $44.92 $11.505
Jun-11 $61.897 $45.18 $11.368
Jul-11 $60.624 $45.44 $11.076
Aug-11 $59.225 $45.71 $10.689
Sep-11 $55.426 $45.98 $10.075
Oct-11 $51.100 $46.25 $9.208
Nov-11 $56.249 $46.52 $9.979
Dec-11 $55.541 $46.79 $10.085
Jan-12 $55.630 $47.06 $9.998
Feb-12 $58.119 $47.33 $10.263
Mar-12 $60.467 $47.61 $10.700
Apr-12 $61.719 $47.89 $10.939
May-12 $61.156 $48.17 $10.693
Jun-12 $57.035 $48.45 $9.909
Jul-12 $59.120 $48.73 $10.120
Aug-12 $59.543 $49.01 $10.159
Sep-12 $60.744 $49.30 $10.443
Oct-12 $62.048 $49.59 $10.543
Nov-12 $61.110 $49.88 $10.365
Dec-12 $61.532 $50.17 $10.562
Jan-13 $62.174 $50.46 $10.624
Feb-13 $65.154 $50.75 $11.332
Mar-13 $65.582 $51.05 $11.706
Apr-13 $67.617 $51.35 $12.109
May-13 $68.781 $51.65 $12.061
Jun-13 $69.567 $51.95 $12.306
Jul-13 $68.243 $52.25 $12.224
Aug-13 $71.550 $52.55 $12.777
Sep-13 $69.543 $52.86 $12.454
Oct-13 $72.107 $53.17 $12.993
Nov-13 $74.633 $53.48 $13.496
Dec-13 $76.199 $53.79 $13.746
Jan-14 $77.656 $54.10 $14.061
Feb-14 $75.061 $54.42 $13.288
Mar-14 $78.365 $54.74 $14.032
Apr-14 $78.382 $55.06 $14.035
May-14 $78.290 $55.38 $13.949
Jun-14 $79.626 $55.70 $14.184
Jul-14 $81.078 $56.02 $14.469
Aug-14 $79.251 $56.35 $14.099
Sep-14 $81.499 $56.68 $14.533
Oct-14 $79.271 $57.01 $14.359
Nov-14 $80.542 $57.34 $14.566
Dec-14 $82.029 $57.67 $14.932
Jan-15 $81.363 $58.01 $14.926
Feb-15 $79.846 $58.35 $14.538
Mar-15 $83.661 $58.69 $15.184
Apr-15 $82.492 $59.03 $15.046
May-15 $82.918 $59.37 $14.993
Jun-15 $83.538 $59.72 $15.096
Jul-15 $81.738 $60.07 $14.760
Aug-15 $82.668 $60.42 $14.913
Sep-15 $77.419 $60.77 $14.033
Oct-15 $74.680 $61.12 $13.710
Nov-15 $79.632 $61.48 $14.632
Dec-15 $79.588 $61.84 $14.599
Jan-16 $77.773 $62.20 $14.349
Feb-16 $73.218 $62.56 $13.402
Mar-16 $72.947 $62.92 $13.465
Apr-16 $77.546 $63.29 $14.379
May-16 $77.866 $63.66 $14.362
Jun-16 $78.512 $64.03 $14.571
Jul-16 $78.102 $64.40 $14.323
Aug-16 $81.078 $64.78 $14.938
Sep-16 $80.958 $65.16 $14.968
Oct-16 $81.042 $65.54 $14.881
Nov-16 $78.955 $65.92 $14.534
Dec-16 $81.062 $66.30 $15.026
Jan-17 $82.351 $66.69 $15.227
Feb-17 $83.973 $67.08 $15.702
Mar-17 $86.227 $67.47 $16.099
Apr-17 $86.533 $67.86 $16.067
May-17 $87.440 $68.26 $16.055
Jun-17 $88.399 $68.66 $16.415
Jul-17 $88.681 $69.06 $16.308
Aug-17 $90.261 $69.46 $16.531
Sep-17 $90.080 $69.87 $16.285
Oct-17 $91.800 $70.28 $16.596
Nov-17 $93.288 $70.69 $16.714
Dec-17 $95.100 $71.10 $17.125
Jan-18 $95.898 $71.51 $17.322
Feb-18 $100.326 $71.93 $18.216
Mar-18 $96.212 $72.35 $17.606
Apr-18 $94.245 $72.77 $17.260
May-18 $94.459 $73.19 $17.251
Jun-18 $95.640 $73.62 $17.584
Jul-18 $95.605 $74.05 $17.711
Aug-18 $98.198 $74.48 $18.113
Sep-18 $100.006 $74.91 $18.539
Oct-18 $99.877 $75.35 $18.333
Nov-18 $92.192 $75.79 $16.959
Dec-18 $93.484 $76.23 $17.480
Jan-19 $85.504 $76.67 $15.786
Feb-19 $92.173 $77.12 $16.910
Mar-19 $94.744 $77.57 $17.398
Apr-19 $95.432 $78.02 $17.436
May-19 $98.700 $78.48 $17.892
Jun-19 $92.578 $78.94 $16.694
Jul-19 $98.450 $79.40 $17.608
Aug-19 $98.938 $79.86 $17.950
Sep-19 $96.264 $80.33 $17.452
Oct-19 $97.765 $80.80 $17.796
Nov-19 $99.678 $81.27 $17.812
Dec-19 $102.435 $81.74 $18.444
Jan-20 $105.276 $82.22 $18.871
Feb-20 $104.047 $82.70 $19.178
Mar-20 $95.393 $83.18 $18.049
Apr-20 $81.142 $83.67 $16.396
May-20 $90.415 $84.16 $18.926
2 Comments leave one →
  1. May 23, 2020 pm31 8:31 pm 8:31 pm

    Is it possible you used incorrect fixed data since it used to be 8.25% for 2007 and 2008?

    • May 23, 2020 pm31 8:59 pm 8:59 pm

      Good question.

      Until December 2009 I use this formula: =ROUND((1+0.0825/12)*C3,2)
      From January 2010 forward I use this: =ROUND((1+0.07/12)*C3,2)

      (my programming skills get me up to Excel, some HTML, a little LaTex, and no further)

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