NELIX vs. TTIHX

Last updated Aug 4, 2026

NELIX (Nuveen Equity Long/Short Fund) and TTIHX (Nuveen Lifecycle Index 2055 Fund Class I) are both mutual funds - NELIX is a Long-Short fund managed by Nuveen, while TTIHX is a Target Retirement Date fund actively managed by Nuveen. Over the past 10 years, NELIX returned 10.51%/yr vs 11.80%/yr for TTIHX. Their correlation of 0.85 means they have usually moved in the same direction. NELIX charges 1.35%/yr vs 0.18%/yr for TTIHX.

Performance

NELIX vs. TTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Equity Long/Short Fund (NELIX) and Nuveen Lifecycle Index 2055 Fund Class I (TTIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NELIX achieves a 7.07% return, which is significantly lower than TTIHX's 10.59% return. Over the past 10 years, NELIX has underperformed TTIHX with an annualized return of 10.51%, while TTIHX has yielded a comparatively higher 11.80% annualized return.

NELIX

• 1D: 0.65%
• 1M: -0.03%
• 6M: 5.13%
• YTD: 7.07%
• 1Y: 13.32%
• 3Y*: 15.10%
• 5Y*: 10.35%
• 10Y*: 10.51%
• ALL TIME*: 9.50%

TTIHX

• 1D: 0.39%
• 1M: -0.15%
• 6M: 7.02%
• YTD: 10.59%
• 1Y: 22.08%
• 3Y*: 17.03%
• 5Y*: 9.79%
• 10Y*: 11.80%
• ALL TIME*: 11.33%

*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)
NELIX Nuveen Equity Long/Short Fund	$0.00	$0.00	$0.00
TTIHX Nuveen Lifecycle Index 2055 Fund Class I	$0.00	$0.00	$0.00

NELIX vs. TTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NELIX Nuveen Equity Long/Short Fund	7.07%	11.31%	20.55%	24.09%	-14.94%	32.92%	-0.79%	6.35%	-2.36%	19.32%
TTIHX Nuveen Lifecycle Index 2055 Fund Class I	10.59%	20.97%	15.27%	20.62%	-17.68%	17.31%	17.11%	26.16%	-7.15%	19.41%

Correlation

The correlation between NELIX and TTIHX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Dec 8, 2015	0.85

The correlation between NELIX and TTIHX has been stable across timeframes, ranging from 0.85 to 0.91 - a consistent structural relationship.

Return for Risk

NELIX vs. TTIHX — Risk / Return Rank

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

NELIX

NELIX Risk / Return Rank: 41
NELIX Sharpe Ratio Rank: 35
NELIX Sortino Ratio Rank: 35
NELIX Omega Ratio Rank: 34
NELIX Calmar Ratio Rank: 49
NELIX Martin Ratio Rank: 50

TTIHX

TTIHX Risk / Return Rank: 66
TTIHX Sharpe Ratio Rank: 64
TTIHX Sortino Ratio Rank: 61
TTIHX Omega Ratio Rank: 61
TTIHX Calmar Ratio Rank: 67
TTIHX Martin Ratio Rank: 77

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.

NELIX vs. TTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Equity Long/Short Fund (NELIX) and Nuveen Lifecycle Index 2055 Fund Class I (TTIHX). 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.

	NELIX	TTIHX	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.65	-0.45
Sortino ratio: Return per unit of downside risk	1.74	2.31	-0.57
Omega ratio: Gain probability vs. loss probability	1.22	1.30	-0.08
Calmar ratio: Return relative to maximum drawdown	1.98	2.36	-0.37
Martin ratio: Return relative to average drawdown	7.33	9.89	-2.55

NELIX vs. TTIHX - Sharpe Ratio Comparison

The current NELIX Sharpe Ratio is 1.20, which is comparable to the TTIHX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of NELIX and TTIHX, 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

NELIX vs. TTIHX - Drawdown Comparison

The maximum NELIX drawdown since its inception was -28.72%, smaller than the maximum TTIHX drawdown of -31.83%. Use the drawdown chart below to compare losses from any high point for NELIX and TTIHX.

Drawdown Indicators

	NELIX	TTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-28.72%	-31.83%	+3.11%
Max Drawdown (1Y) Largest decline over 1 year	-6.31%	-8.91%	+2.60%
Max Drawdown (3Y) Largest decline over 3 years	-15.50%	-15.14%	-0.36%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-25.56%	+6.26%
Max Drawdown (10Y) Largest decline over 10 years	-28.72%	-31.83%	+3.11%
Current Drawdown Current decline from peak	-1.40%	-1.46%	+0.06%
Average Drawdown Average peak-to-trough decline	-4.65%	-4.44%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	2.12%	-0.42%

Volatility

NELIX vs. TTIHX - Volatility Comparison

Nuveen Equity Long/Short Fund (NELIX) and Nuveen Lifecycle Index 2055 Fund Class I (TTIHX) have volatilities of 3.56% and 3.74%, 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

	NELIX	TTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	3.74%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	8.35%	10.64%	-2.29%
Volatility (1Y) Calculated over the trailing 1-year period	10.46%	12.76%	-2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.77%	14.82%	-2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.60%	15.72%	-2.12%

NELIX vs. TTIHX - Expense Ratio Comparison

NELIX has a 1.35% expense ratio, which is higher than TTIHX's 0.18% expense ratio.

Dividends

NELIX vs. TTIHX - Dividend Comparison

NELIX's dividend yield for the trailing twelve months is around 3.56%, more than TTIHX's 2.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NELIX Nuveen Equity Long/Short Fund	3.56%	3.81%	4.78%	4.20%	6.84%	2.44%	0.00%	0.00%	1.35%	1.58%	0.00%	0.00%
TTIHX Nuveen Lifecycle Index 2055 Fund Class I	2.53%	2.79%	2.10%	2.06%	2.21%	1.95%	1.62%	2.16%	2.59%	0.11%	2.35%	0.29%

Frequently Asked Questions

Can I hold both NELIX and TTIHX in my portfolio?

With a correlation of 0.90, NELIX and TTIHX 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, NELIX or TTIHX?

TTIHX has higher volatility (3.74%) compared to NELIX (3.56%). In terms of maximum drawdown, NELIX dropped -28.72% vs TTIHX's -31.83%.

Which has better risk-adjusted returns?

TTIHX currently has the higher Sharpe Ratio (1.65 vs 1.20), 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.