FEYAX vs. TSAIX

Last updated Jun 5, 2026

FEYAX (Fidelity Advisor Asset Manager 85% Fund Class A) and TSAIX (TIAA-CREF Lifestyle Aggressive Growth Fund) are both Diversified Portfolio funds. Over the past 10 years, FEYAX returned 11.39%/yr vs 11.94%/yr for TSAIX. With a 0.98 correlation, they move nearly in lockstep. FEYAX charges 1.00%/yr vs 0.04%/yr for TSAIX.

Performance

FEYAX vs. TSAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Asset Manager 85% Fund Class A (FEYAX) 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, FEYAX achieves a 13.26% return, which is significantly higher than TSAIX's 9.78% return. Both investments have delivered pretty close results over the past 10 years, with FEYAX having a 11.39% annualized return and TSAIX not far ahead at 11.94%.

FEYAX

• 1D: -0.68%
• 1M: 3.52%
• YTD: 13.26%
• 6M: 14.24%
• 1Y: 29.34%
• 3Y*: 18.47%
• 5Y*: 9.30%
• 10Y*: 11.39%

TSAIX

• 1D: -0.77%
• 1M: 3.18%
• YTD: 9.78%
• 6M: 10.52%
• 1Y: 25.40%
• 3Y*: 19.06%
• 5Y*: 9.34%
• 10Y*: 11.94%

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

FEYAX vs. TSAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEYAX Fidelity Advisor Asset Manager 85% Fund Class A	13.26%	20.45%	12.32%	18.67%	-18.82%	16.79%	18.99%	25.83%	-9.46%	20.98%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	9.78%	20.04%	15.46%	22.72%	-19.57%	17.10%	19.69%	27.97%	-11.27%	22.35%

Correlation

The correlation between FEYAX and TSAIX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Dec 12, 2011	0.98

The correlation between FEYAX and TSAIX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

FEYAX vs. TSAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEYAX

FEYAX Risk / Return Rank: 72
FEYAX Sharpe Ratio Rank: 73
FEYAX Sortino Ratio Rank: 69
FEYAX Omega Ratio Rank: 69
FEYAX Calmar Ratio Rank: 72
FEYAX Martin Ratio Rank: 78

TSAIX

TSAIX Risk / Return Rank: 47
TSAIX Sharpe Ratio Rank: 47
TSAIX Sortino Ratio Rank: 45
TSAIX Omega Ratio Rank: 46
TSAIX Calmar Ratio Rank: 45
TSAIX Martin Ratio Rank: 55

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.

FEYAX vs. TSAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 85% Fund Class A (FEYAX) 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.

	FEYAX	TSAIX	Difference
Sharpe ratio: Return per unit of total volatility	2.45	2.01	+0.44
Sortino ratio: Return per unit of downside risk	3.38	2.80	+0.58
Omega ratio: Gain probability vs. loss probability	1.45	1.36	+0.09
Calmar ratio: Return relative to maximum drawdown	3.20	2.52	+0.68
Martin ratio: Return relative to average drawdown	14.19	11.05	+3.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEYAX vs. TSAIX - Sharpe Ratio Comparison

The current FEYAX Sharpe Ratio is 2.45, which is comparable to the TSAIX Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of FEYAX 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.

Sharpe Ratios by Period

	FEYAX	TSAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	2.01	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.58	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.68	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.72	-0.22

Drawdowns

FEYAX vs. TSAIX - Drawdown Comparison

The maximum FEYAX drawdown since its inception was -52.90%, which is greater than TSAIX's maximum drawdown of -34.58%. Use the drawdown chart below to compare losses from any high point for FEYAX and TSAIX.

Drawdown Indicators

	FEYAX	TSAIX	Difference
Max Drawdown Largest peak-to-trough decline	-52.90%	-34.58%	-18.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.37%	-10.28%	+0.91%
Max Drawdown (3Y) Largest decline over 3 years	-15.40%	-17.29%	+1.89%
Max Drawdown (5Y) Largest decline over 5 years	-26.20%	-28.28%	+2.08%
Max Drawdown (10Y) Largest decline over 10 years	-31.01%	-34.58%	+3.57%
Current Drawdown Current decline from peak	-0.68%	-0.77%	+0.09%
Average Drawdown Average peak-to-trough decline	-7.29%	-4.91%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	2.34%	-0.23%

Volatility

FEYAX vs. TSAIX - Volatility Comparison

Fidelity Advisor Asset Manager 85% Fund Class A (FEYAX) and TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX) have volatilities of 3.90% and 3.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEYAX	TSAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	3.79%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	9.94%	10.29%	-0.35%
Volatility (1Y) Calculated over the trailing 1-year period	12.26%	12.93%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	16.25%	-1.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.27%	17.65%	-2.38%

FEYAX vs. TSAIX - Expense Ratio Comparison

FEYAX has a 1.00% expense ratio, which is higher than TSAIX's 0.04% expense ratio.

Dividends

FEYAX vs. TSAIX - Dividend Comparison

FEYAX's dividend yield for the trailing twelve months is around 4.72%, less than TSAIX's 6.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEYAX Fidelity Advisor Asset Manager 85% Fund Class A	4.72%	5.35%	3.19%	1.10%	4.85%	2.95%	1.75%	5.30%	5.34%	2.33%	0.29%	4.55%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	6.72%	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 FEYAX and TSAIX in my portfolio?

With a correlation of 0.99, FEYAX 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, FEYAX or TSAIX?

FEYAX has higher volatility (3.90%) compared to TSAIX (3.79%). In terms of maximum drawdown, FEYAX dropped -52.90% vs TSAIX's -34.58%.

Which has better risk-adjusted returns?

FEYAX currently has the higher Sharpe Ratio (2.45 vs 2.01), 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.