BIAPX vs. TSAIX

Last updated Aug 1, 2026

BIAPX (BlackRock 80/20 Target Allocation Fund) and TSAIX (TIAA-CREF Lifestyle Aggressive Growth Fund) are both Diversified Portfolio funds. Over the past 10 years, BIAPX returned 10.07%/yr vs 11.59%/yr for TSAIX. Their correlation of 0.94 means they have usually moved in the same direction. BIAPX charges 0.10%/yr vs 0.04%/yr for TSAIX.

Performance

BIAPX vs. TSAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock 80/20 Target Allocation Fund (BIAPX) and TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIAPX achieves a 9.74% return, which is significantly higher than TSAIX's 8.84% return. Over the past 10 years, BIAPX has underperformed TSAIX with an annualized return of 10.07%, while TSAIX has yielded a comparatively higher 11.59% annualized return.

BIAPX

• 1D: 1.98%
• 1M: -1.20%
• 6M: 7.23%
• YTD: 9.74%
• 1Y: 19.95%
• 3Y*: 12.49%
• 5Y*: 7.32%
• 10Y*: 10.07%
• ALL TIME*: 7.78%

TSAIX

• 1D: 2.37%
• 1M: -0.37%
• 6M: 5.88%
• YTD: 8.84%
• 1Y: 20.51%
• 3Y*: 16.04%
• 5Y*: 8.89%
• 10Y*: 11.59%
• ALL TIME*: 11.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIAPX BlackRock 80/20 Target Allocation Fund	$0.00	$0.00	$0.00
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	$0.00	$0.00	$0.00

BIAPX vs. TSAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIAPX BlackRock 80/20 Target Allocation Fund	9.74%	18.33%	5.46%	19.20%	-16.15%	14.95%	19.50%	24.72%	-7.62%	17.47%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	8.84%	20.04%	15.46%	22.72%	-19.57%	17.10%	19.69%	27.97%	-11.27%	22.35%

Correlation

The correlation between BIAPX and TSAIX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (10Y) Provides a long-term view across more market conditions.	0.92
Correlation (All Time) Calculated using the full available price history since Dec 9, 2011	0.94

The correlation between BIAPX and TSAIX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

Return for Risk

BIAPX vs. TSAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BIAPX

BIAPX Risk / Return Rank: 66
BIAPX Sharpe Ratio Rank: 63
BIAPX Sortino Ratio Rank: 62
BIAPX Omega Ratio Rank: 61
BIAPX Calmar Ratio Rank: 67
BIAPX Martin Ratio Rank: 76

TSAIX

TSAIX Risk / Return Rank: 50
TSAIX Sharpe Ratio Rank: 49
TSAIX Sortino Ratio Rank: 48
TSAIX Omega Ratio Rank: 47
TSAIX Calmar Ratio Rank: 49
TSAIX Martin Ratio Rank: 59

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BIAPX vs. TSAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock 80/20 Target Allocation Fund (BIAPX) and TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BIAPX	TSAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.49	1.30	+0.19
Sortino ratio: Return per unit of downside risk	2.14	1.86	+0.28
Omega ratio: Gain probability vs. loss probability	1.27	1.24	+0.03
Calmar ratio: Return relative to maximum drawdown	2.16	1.81	+0.35
Martin ratio: Return relative to average drawdown	9.10	7.59	+1.52

BIAPX vs. TSAIX - Sharpe Ratio Comparison

The current BIAPX Sharpe Ratio is 1.49, which is comparable to the TSAIX Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of BIAPX and TSAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIAPX vs. TSAIX - Drawdown Comparison

The maximum BIAPX drawdown since its inception was -53.40%, which is greater than TSAIX's maximum drawdown of -34.58%. Use the drawdown chart below to compare losses from any high point for BIAPX and TSAIX.

Drawdown Indicators

	BIAPX	TSAIX	Difference
Max Drawdown Largest peak-to-trough decline	-53.40%	-34.58%	-18.82%
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	-10.28%	+1.64%
Max Drawdown (3Y) Largest decline over 3 years	-20.90%	-17.29%	-3.61%
Max Drawdown (5Y) Largest decline over 5 years	-23.29%	-28.28%	+4.99%
Max Drawdown (10Y) Largest decline over 10 years	-27.13%	-34.58%	+7.45%
Current Drawdown Current decline from peak	-2.69%	-1.63%	-1.06%
Average Drawdown Average peak-to-trough decline	-7.94%	-4.88%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.44%	-0.39%

Volatility

BIAPX vs. TSAIX - Volatility Comparison

The current volatility for BlackRock 80/20 Target Allocation Fund (BIAPX) is 3.90%, while TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX) has a volatility of 4.30%. This indicates that BIAPX experiences smaller price fluctuations and is considered to be less risky than TSAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIAPX	TSAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	4.30%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	10.89%	11.82%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	12.56%	14.29%	-1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.72%	16.43%	-1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.07%	17.61%	-3.54%

BIAPX vs. TSAIX - Expense Ratio Comparison

BIAPX has a 0.10% expense ratio, which is higher than TSAIX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BIAPX vs. TSAIX - Dividend Comparison

BIAPX's dividend yield for the trailing twelve months is around 5.45%, less than TSAIX's 6.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIAPX BlackRock 80/20 Target Allocation Fund	5.45%	5.98%	0.00%	4.28%	2.30%	6.04%	2.07%	2.49%	6.26%	3.12%	1.67%	13.86%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	6.78%	7.38%	2.94%	1.81%	9.27%	11.82%	5.59%	5.71%	5.71%	1.13%	4.12%	7.19%

Frequently Asked Questions

Can I hold both BIAPX and TSAIX in my portfolio?

With a correlation of 0.96, BIAPX and TSAIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BIAPX or TSAIX?

TSAIX has higher volatility (4.30%) compared to BIAPX (3.90%). In terms of maximum drawdown, BIAPX dropped -53.40% vs TSAIX's -34.58%.

Which has better risk-adjusted returns?

BIAPX currently has the higher Sharpe Ratio (1.49 vs 1.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.