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ISIN
US87244W4336
Inception Date
Oct 14, 2004
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

TCLTX Performance Chart

TIAA-CREF Lifecycle 2020 Fund (TCLTX) is up 5.0% since the beginning of the year. TCLTX is currently trading at $15 per share. Investors who bought $1,000 worth of TCLTX shares 5 years ago would now be looking at an investment worth $1,267.


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S&P 500 Index

Returns By Period

TIAA-CREF Lifecycle 2020 Fund (TCLTX) has returned 5.00% so far this year and 13.58% over the past 12 months. Over the last ten years, TCLTX has returned 6.83% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


TIAA-CREF Lifecycle 2020 Fund

1D
0.61%
1M
1.36%
YTD
5.00%
6M
5.07%
1Y
13.58%
3Y*
10.09%
5Y*
4.85%
10Y*
6.83%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TCLTX Monthly Returns History

Based on dividend-adjusted daily data since Oct 6, 2004, TCLTX's average daily return is +0.03%, while the average monthly return is +0.51%. At this rate, an investment would double in approximately 11.4 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2009 with a return of +8.1%, while the worst month was Oct 2008 at -14.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.

On a daily basis, TCLTX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +7.9%, while the worst single day was Oct 15, 2008 at -6.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.34%1.04%-3.51%4.21%1.57%0.40%5.00%
20251.74%0.59%-1.77%0.23%2.25%2.64%0.36%1.78%1.82%1.24%0.34%0.34%12.09%
20240.32%1.58%1.94%-2.59%2.58%1.30%1.66%1.48%1.31%-1.73%2.05%-1.85%8.17%
20234.31%-2.23%2.03%0.75%-0.82%2.57%1.70%-1.51%-2.83%-1.66%5.41%3.80%11.68%
2022-3.32%-1.97%-0.22%-4.93%0.24%-4.94%4.46%-2.53%-6.00%2.67%4.70%-2.14%-13.76%
2021-0.43%1.14%0.78%2.59%0.89%0.95%0.74%1.06%-2.30%2.22%-1.52%1.89%8.19%

Benchmark Metrics

TIAA-CREF Lifecycle 2020 Fund has an annualized alpha of 0.41%, beta of 0.56, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since October 06, 2004.

  • This fund participated in 65.55% of S&P 500 Index downside but only 57.56% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
0.41%
Beta
0.56
0.90
Upside Capture
57.56%
Downside Capture
65.55%

Expense Ratio

TCLTX has an expense ratio of 0.52%, placing it in the medium range.


Return for Risk

Risk / Return Rank

TCLTX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


TCLTX Risk / Return Rank: 6565
Overall Rank
TCLTX Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
TCLTX Sortino Ratio Rank: 7171
Sortino Ratio Rank
TCLTX Omega Ratio Rank: 7070
Omega Ratio Rank
TCLTX Calmar Ratio Rank: 5555
Calmar Ratio Rank
TCLTX Martin Ratio Rank: 6464
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for TIAA-CREF Lifecycle 2020 Fund (TCLTX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


TCLTXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.15

Sortino ratioReturn per unit of downside risk

+0.43

Omega ratioGain probability vs. loss probability

1.42

1.37

+0.06

Calmar ratioReturn relative to maximum drawdown

2.72

2.78

-0.07

Martin ratioReturn relative to average drawdown

11.81

12.44

-0.63

Dividends

Dividend History

TIAA-CREF Lifecycle 2020 Fund provided a 4.27% dividend yield over the last twelve months, with an annual payout of $0.64 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.64$0.64$0.44$0.30$0.62$1.06$0.69$0.44$0.76$0.32$0.60$0.54

Dividend yield

4.27%4.49%3.33%2.38%5.36%7.49%4.91%3.36%6.53%2.44%5.09%4.63%

Monthly Dividends

The table displays the monthly dividend distributions for TIAA-CREF Lifecycle 2020 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.64$0.64
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.44$0.44
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.30$0.30
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.62$0.62
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.06$1.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the TIAA-CREF Lifecycle 2020 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the TIAA-CREF Lifecycle 2020 Fund was 44.15%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-44.15%Mar 2009
1y 4mo2y 1mo
3y 5moNov 2007 - Apr 2011
COVID crash2020
-20.39%Mar 2020
1mo 2d4mo 1d
5mo 3dFeb 2020 - Jul 2020
Bear market2022
-18.99%Oct 2022
11mo 9d1y 7mo
2y 6moNov 2021 - Jun 2024
2011 correction2011
-14.77%Oct 2011
5mo 4d4mo 16d
9mo 20dMay 2011 - Feb 2012
2016 correction2016
-13.16%Feb 2016
9mo 20d6mo 29d
1y 4moApr 2015 - Sep 2016

Drawdown Indicators


TCLTXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-44.15%

-56.78%

+12.63%

Max Drawdown (1Y)

Largest decline over 1 year

-5.01%

-9.10%

+4.09%

Max Drawdown (3Y)

Largest decline over 3 years

-6.99%

-18.90%

+11.91%

Max Drawdown (5Y)

Largest decline over 5 years

-18.99%

-25.43%

+6.44%

Max Drawdown (10Y)

Largest decline over 10 years

-20.39%

-33.92%

+13.53%

Current Drawdown

Current decline from peak

-0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-5.19%

-10.71%

+5.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.15%

2.03%

-0.88%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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