PRCHX vs. TSAIX

Last updated Aug 1, 2026

PRCHX (T. Rowe Price Capital Appreciation and Income Fund Class I) and TSAIX (TIAA-CREF Lifestyle Aggressive Growth Fund) are both Diversified Portfolio funds. Over the past year, PRCHX returned 9.64% vs 20.51% for TSAIX. Their correlation of 0.86 means they have usually moved in the same direction. PRCHX charges 0.49%/yr vs 0.04%/yr for TSAIX.

Performance

PRCHX vs. TSAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Capital Appreciation and Income Fund Class I (PRCHX) 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, PRCHX achieves a 3.27% return, which is significantly lower than TSAIX's 8.84% return.

PRCHX

• 1D: 0.74%
• 1M: -0.33%
• 6M: 2.91%
• YTD: 3.27%
• 1Y: 9.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.94%

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)
PRCHX T. Rowe Price Capital Appreciation and Income Fund Class I	$0.00	$0.00	$0.00
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	$0.00	$0.00	$0.00

PRCHX vs. TSAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PRCHX T. Rowe Price Capital Appreciation and Income Fund Class I	3.27%	13.68%	8.92%	3.12%
TSAIX TIAA-CREF Lifestyle Aggressive Growth Fund	8.84%	20.04%	15.46%	5.60%

Correlation

The correlation between PRCHX and TSAIX is 0.88, 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.	0.88
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.86

The correlation between PRCHX and TSAIX has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

Return for Risk

PRCHX vs. TSAIX — Risk / Return Rank

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

PRCHX

PRCHX Risk / Return Rank: 68
PRCHX Sharpe Ratio Rank: 69
PRCHX Sortino Ratio Rank: 67
PRCHX Omega Ratio Rank: 68
PRCHX Calmar Ratio Rank: 59
PRCHX Martin Ratio Rank: 79

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.

PRCHX vs. TSAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Capital Appreciation and Income Fund Class I (PRCHX) 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.

	PRCHX	TSAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.30	+0.36
Sortino ratio: Return per unit of downside risk	2.36	1.86	+0.49
Omega ratio: Gain probability vs. loss probability	1.30	1.24	+0.07
Calmar ratio: Return relative to maximum drawdown	2.10	1.81	+0.29
Martin ratio: Return relative to average drawdown	9.85	7.59	+2.26

PRCHX vs. TSAIX - Sharpe Ratio Comparison

The current PRCHX Sharpe Ratio is 1.66, which is comparable to the TSAIX Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of PRCHX 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

PRCHX vs. TSAIX - Drawdown Comparison

The maximum PRCHX drawdown since its inception was -6.10%, smaller than the maximum TSAIX drawdown of -34.58%. Use the drawdown chart below to compare losses from any high point for PRCHX and TSAIX.

Drawdown Indicators

	PRCHX	TSAIX	Difference
Max Drawdown Largest peak-to-trough decline	-6.10%	-34.58%	+28.48%
Max Drawdown (1Y) Largest decline over 1 year	-4.50%	-10.28%	+5.78%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.58%	—
Current Drawdown Current decline from peak	-1.00%	-1.63%	+0.63%
Average Drawdown Average peak-to-trough decline	-0.65%	-4.88%	+4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	2.44%	-1.48%

Volatility

PRCHX vs. TSAIX - Volatility Comparison

The current volatility for T. Rowe Price Capital Appreciation and Income Fund Class I (PRCHX) is 1.64%, while TIAA-CREF Lifestyle Aggressive Growth Fund (TSAIX) has a volatility of 4.30%. This indicates that PRCHX 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

	PRCHX	TSAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.64%	4.30%	-2.66%
Volatility (6M) Calculated over the trailing 6-month period	4.68%	11.82%	-7.14%
Volatility (1Y) Calculated over the trailing 1-year period	5.69%	14.29%	-8.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.53%	16.43%	-9.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.53%	17.61%	-11.08%

PRCHX vs. TSAIX - Expense Ratio Comparison

PRCHX has a 0.49% expense ratio, which is higher than TSAIX's 0.04% expense ratio.

Dividends

PRCHX vs. TSAIX - Dividend Comparison

PRCHX's dividend yield for the trailing twelve months is around 4.44%, less than TSAIX's 6.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRCHX T. Rowe Price Capital Appreciation and Income Fund Class I	4.44%	5.08%	3.22%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 PRCHX and TSAIX in my portfolio?

PRCHX and TSAIX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRCHX or TSAIX?

TSAIX has higher volatility (4.30%) compared to PRCHX (1.64%). In terms of maximum drawdown, PRCHX dropped -6.10% vs TSAIX's -34.58%.

Which has better risk-adjusted returns?

PRCHX currently has the higher Sharpe Ratio (1.66 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.