FFTMX vs. TSAIX

Last updated Jun 23, 2026

FFTMX (Fidelity Advisor Asset Manager 50% Fund Class M) and TSAIX (TIAA-CREF Lifestyle Aggressive Growth Fund) are both Diversified Portfolio funds. Over the past 10 years, FFTMX returned 7.46%/yr vs 12.15%/yr for TSAIX. With a 0.95 correlation, they move nearly in lockstep. FFTMX charges 1.16%/yr vs 0.04%/yr for TSAIX.

Performance

FFTMX vs. TSAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Asset Manager 50% Fund Class M (FFTMX) 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, FFTMX achieves a 8.85% return, which is significantly lower than TSAIX's 10.50% return. Over the past 10 years, FFTMX has underperformed TSAIX with an annualized return of 7.46%, while TSAIX has yielded a comparatively higher 12.15% annualized return.

FFTMX

• 1D: 0.94%
• 1M: 1.77%
• YTD: 8.85%
• 6M: 8.92%
• 1Y: 19.54%
• 3Y*: 11.99%
• 5Y*: 5.90%
• 10Y*: 7.46%

TSAIX

• 1D: 1.32%
• 1M: 2.30%
• YTD: 10.50%
• 6M: 10.41%
• 1Y: 26.71%
• 3Y*: 18.10%
• 5Y*: 9.91%
• 10Y*: 12.15%

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

FFTMX vs. TSAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFTMX Fidelity Advisor Asset Manager 50% Fund Class M	8.85%	14.31%	7.95%	12.50%	-15.42%	9.24%	14.11%	17.56%	-5.87%	13.10%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	10.50%	20.04%	15.46%	22.72%	-19.57%	17.10%	19.69%	27.97%	-11.27%	22.35%

Correlation

The correlation between FFTMX and TSAIX is 0.97 - 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	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 9, 2011	0.95

The correlation between FFTMX and TSAIX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

FFTMX vs. TSAIX — Risk / Return Rank

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

FFTMX

FFTMX Risk / Return Rank: 74
FFTMX Sharpe Ratio Rank: 74
FFTMX Sortino Ratio Rank: 73
FFTMX Omega Ratio Rank: 74
FFTMX Calmar Ratio Rank: 72
FFTMX Martin Ratio Rank: 76

TSAIX

TSAIX Risk / Return Rank: 51
TSAIX Sharpe Ratio Rank: 50
TSAIX Sortino Ratio Rank: 48
TSAIX Omega Ratio Rank: 49
TSAIX Calmar Ratio Rank: 50
TSAIX Martin Ratio Rank: 59

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.

FFTMX vs. TSAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 50% Fund Class M (FFTMX) 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.

	FFTMX	TSAIX	Difference
Sharpe ratio: Return per unit of total volatility	2.30	1.93	+0.37
Sortino ratio: Return per unit of downside risk	3.24	2.67	+0.57
Omega ratio: Gain probability vs. loss probability	1.44	1.35	+0.09
Calmar ratio: Return relative to maximum drawdown	3.12	2.58	+0.55
Martin ratio: Return relative to average drawdown	13.34	11.06	+2.29

FFTMX vs. TSAIX - Sharpe Ratio Comparison

The current FFTMX Sharpe Ratio is 2.30, which is comparable to the TSAIX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of FFTMX 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

FFTMX vs. TSAIX - Drawdown Comparison

The maximum FFTMX drawdown since its inception was -38.42%, which is greater than TSAIX's maximum drawdown of -34.58%. Use the drawdown chart below to compare losses from any high point for FFTMX and TSAIX.

Drawdown Indicators

	FFTMX	TSAIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.42%	-34.58%	-3.84%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-10.28%	+4.05%
Max Drawdown (3Y) Largest decline over 3 years	-9.40%	-17.29%	+7.89%
Max Drawdown (5Y) Largest decline over 5 years	-20.94%	-28.28%	+7.34%
Max Drawdown (10Y) Largest decline over 10 years	-21.33%	-34.58%	+13.25%
Current Drawdown Current decline from peak	0.00%	-0.12%	+0.12%
Average Drawdown Average peak-to-trough decline	-4.64%	-4.90%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	2.38%	-0.93%

Volatility

FFTMX vs. TSAIX - Volatility Comparison

The current volatility for Fidelity Advisor Asset Manager 50% Fund Class M (FFTMX) is 3.59%, while TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX) has a volatility of 5.38%. This indicates that FFTMX 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

	FFTMX	TSAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	5.38%	-1.79%
Volatility (6M) Calculated over the trailing 6-month period	7.18%	11.28%	-4.10%
Volatility (1Y) Calculated over the trailing 1-year period	8.46%	13.69%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.40%	16.38%	-6.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.34%	17.70%	-8.36%

FFTMX vs. TSAIX - Expense Ratio Comparison

FFTMX has a 1.16% expense ratio, which is higher than TSAIX's 0.04% expense ratio.

Dividends

FFTMX vs. TSAIX - Dividend Comparison

FFTMX's dividend yield for the trailing twelve months is around 6.47%, less than TSAIX's 6.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFTMX Fidelity Advisor Asset Manager 50% Fund Class M	6.47%	7.09%	3.37%	1.67%	6.24%	2.41%	1.92%	3.70%	4.68%	3.50%	1.28%	5.17%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	6.68%	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 FFTMX and TSAIX in my portfolio?

With a correlation of 0.97, FFTMX 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, FFTMX or TSAIX?

TSAIX has higher volatility (5.38%) compared to FFTMX (3.59%). In terms of maximum drawdown, FFTMX dropped -38.42% vs TSAIX's -34.58%.

Which has better risk-adjusted returns?

FFTMX currently has the higher Sharpe Ratio (2.30 vs 1.93), 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.