FJAWX vs. TCLNX

Last updated Jun 3, 2026

FJAWX (Fidelity Advisor Freedom Blend 2010 Fund Class I) and TCLNX (TIAA-CREF Lifecycle 2030 Fund) are both Target Retirement Date funds. Over the past 5 years, FJAWX returned 3.38%/yr vs 5.77%/yr for TCLNX. Their correlation of 0.88 suggests significant overlap in exposure. FJAWX charges 0.41%/yr vs 0.51%/yr for TCLNX.

Performance

FJAWX vs. TCLNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Blend 2010 Fund Class I (FJAWX) and TIAA-CREF Lifecycle 2030 Fund (TCLNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FJAWX achieves a 5.09% return, which is significantly lower than TCLNX's 5.85% return.

FJAWX

• 1D: 0.09%
• 1M: 1.41%
• YTD: 5.09%
• 6M: 5.64%
• 1Y: 12.40%
• 3Y*: 8.75%
• 5Y*: 3.38%
• 10Y*: —

TCLNX

• 1D: 0.17%
• 1M: 2.18%
• YTD: 5.85%
• 6M: 6.48%
• 1Y: 16.50%
• 3Y*: 12.49%
• 5Y*: 5.77%
• 10Y*: 8.25%

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

FJAWX vs. TCLNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FJAWX Fidelity Advisor Freedom Blend 2010 Fund Class I	5.09%	11.06%	5.02%	9.70%	-13.63%	5.15%	10.67%	14.37%	-4.56%
TCLNX TIAA-CREF Lifecycle 2030 Fund	5.85%	13.93%	9.81%	14.38%	-15.45%	10.92%	14.22%	20.95%	-10.61%

Correlation

The correlation between FJAWX and TCLNX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.88

The correlation between FJAWX and TCLNX has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

FJAWX vs. TCLNX — Risk / Return Rank

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

FJAWX

FJAWX Risk / Return Rank: 74
FJAWX Sharpe Ratio Rank: 75
FJAWX Sortino Ratio Rank: 78
FJAWX Omega Ratio Rank: 79
FJAWX Calmar Ratio Rank: 64
FJAWX Martin Ratio Rank: 71

TCLNX

TCLNX Risk / Return Rank: 58
TCLNX Sharpe Ratio Rank: 59
TCLNX Sortino Ratio Rank: 60
TCLNX Omega Ratio Rank: 59
TCLNX Calmar Ratio Rank: 52
TCLNX Martin Ratio Rank: 61

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.

FJAWX vs. TCLNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2010 Fund Class I (FJAWX) and TIAA-CREF Lifecycle 2030 Fund (TCLNX). 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.

	FJAWX	TCLNX	Difference
Sharpe ratio Return per unit of total volatility	2.51	2.26	+0.25
Sortino ratio Return per unit of downside risk	3.70	3.27	+0.43
Omega ratio Gain probability vs. loss probability	1.51	1.43	+0.09
Calmar ratio Return relative to maximum drawdown	3.08	2.77	+0.32
Martin ratio Return relative to average drawdown	13.65	12.23	+1.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FJAWX vs. TCLNX - Sharpe Ratio Comparison

The current FJAWX Sharpe Ratio is 2.51, which is comparable to the TCLNX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of FJAWX and TCLNX, 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

	FJAWX	TCLNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.26	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.59	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.46	+0.32

Drawdowns

FJAWX vs. TCLNX - Drawdown Comparison

The maximum FJAWX drawdown since its inception was -18.64%, smaller than the maximum TCLNX drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for FJAWX and TCLNX.

Drawdown Indicators

	FJAWX	TCLNX	Difference
Max Drawdown Largest peak-to-trough decline	-18.64%	-51.89%	+33.25%
Max Drawdown (1Y) Largest decline over 1 year	-4.06%	-6.26%	+2.20%
Max Drawdown (3Y) Largest decline over 3 years	-5.88%	-9.61%	+3.73%
Max Drawdown (5Y) Largest decline over 5 years	-18.64%	-21.70%	+3.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.48%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.97%	-6.90%	+2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	1.42%	-0.50%

Volatility

FJAWX vs. TCLNX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Blend 2010 Fund Class I (FJAWX) is 1.94%, while TIAA-CREF Lifecycle 2030 Fund (TCLNX) has a volatility of 2.35%. This indicates that FJAWX experiences smaller price fluctuations and is considered to be less risky than TCLNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJAWX	TCLNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.94%	2.35%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	4.16%	6.06%	-1.90%
Volatility (1Y) Calculated over the trailing 1-year period	4.97%	7.51%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.41%	9.81%	-3.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.70%	11.07%	-4.37%

FJAWX vs. TCLNX - Expense Ratio Comparison

FJAWX has a 0.41% expense ratio, which is lower than TCLNX's 0.51% expense ratio.

Dividends

FJAWX vs. TCLNX - Dividend Comparison

FJAWX's dividend yield for the trailing twelve months is around 2.62%, less than TCLNX's 4.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJAWX Fidelity Advisor Freedom Blend 2010 Fund Class I	2.62%	2.89%	2.79%	2.61%	5.02%	6.13%	3.41%	2.35%	1.96%	0.00%	0.00%	0.00%
TCLNX TIAA-CREF Lifecycle 2030 Fund	4.47%	4.73%	3.11%	1.85%	5.67%	7.57%	4.92%	3.60%	6.59%	2.46%	5.13%	4.95%

Frequently Asked Questions

Can I hold both FJAWX and TCLNX in my portfolio?

FJAWX and TCLNX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FJAWX or TCLNX?

TCLNX has higher volatility (2.35%) compared to FJAWX (1.94%). In terms of maximum drawdown, FJAWX dropped -18.64% vs TCLNX's -51.89%.

Which has better risk-adjusted returns?

FJAWX currently has the higher Sharpe Ratio (2.51 vs 2.26), 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.