TLZIX's Sortino Ratio of 3.10 indicates that for each unit of downside volatility, it generates 3.10 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
TLZIX Sortino Ratio Rank
TLZIX ranks above 66.5% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Above-average downside protection with room for improvement
- Compare against category peers to gauge relative positioning
- Monitor for movement toward top tier or decline toward median
- Consider pairing with top-tier holdings to improve portfolio risk profile
TLZIX Sortino Ratio Market Positioning
The chart shows TLZIX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.94 or lower
- Yellow zone (middle 50%): 1.94 to 3.29
- Green zone (top 25%): 3.29 or higher
- Top 1%: 9.07+
- Median: 2.74 — half of all investments score higher
How it compares to other similar mutual funds
The table compares TIAA-CREF Lifecycle Index 2040 Fund's Sortino Ratio with other mutual funds in the Target Retirement Date category across multiple time periods, showing how TLZIX's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| FRKMX | Fidelity Managed Retirement Income Fund Class K | 5,218,028.60 | |||
| FRAMX | Fidelity Advisor Managed Retirement Income Fund Class A | 548,066.01 | |||
| FRHMX | Fidelity Managed Retirement Income Fund Class K6 | 488,367.03 | |||
| FIRVX | Fidelity Managed Retirement 2020 Fund | 351,355.56 | |||
| PADLX | Putnam Retirement Advantage Maturity Fund | 4.06 | |||
| ISOLX | Voya Target In-Retirement Fund | 3.66 | |||
| SSFNX | State Street Target Retirement Fund | 3.63 | |||
| IRSMX | Voya Target Retirement 2030 Fund | 3.62 | |||
| SSBRX | State Street Target Retirement 2025 Fund | 3.57 | |||
| IRSNX | Voya Target Retirement 2035 Fund | 3.54 | |||
| TLZIX | TIAA-CREF Lifecycle Index 2040 Fund | 3.10 |
Historical Sortino Ratio
The chart shows TLZIX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when TLZIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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IHow does TLZIX fit in your portfolio?
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