QCGLIX vs. TLLIX

Last updated Aug 1, 2026

QCGLIX (CREF Global Equities Account - R3) and TLLIX (TIAA-CREF Lifecycle Index 2050 Fund) are both mutual funds - QCGLIX is a Global Equities fund tracking the MSCI ACWI NR USD, while TLLIX is a Target Retirement Date fund managed by TIAA. Over the past year, QCGLIX returned 24.48% vs 21.29% for TLLIX. Their 0.96 correlation means they have historically moved very closely together. QCGLIX charges 0.24%/yr vs 0.10%/yr for TLLIX.

Performance

QCGLIX vs. TLLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CREF Global Equities Account - R3 (QCGLIX) and TIAA-CREF Lifecycle Index 2050 Fund (TLLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCGLIX achieves a 11.46% return, which is significantly higher than TLLIX's 9.98% return.

QCGLIX

• 1D: 2.61%
• 1M: -0.31%
• 6M: 7.89%
• YTD: 11.46%
• 1Y: 24.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.15%

TLLIX

• 1D: 1.88%
• 1M: -0.54%
• 6M: 6.94%
• YTD: 9.98%
• 1Y: 21.29%
• 3Y*: 16.52%
• 5Y*: 9.63%
• 10Y*: 11.61%
• ALL TIME*: 10.97%

*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)
QCGLIX CREF Global Equities Account - R3	$0.00	$0.00	$0.00
TLLIX TIAA-CREF Lifecycle Index 2050 Fund	$0.00	$0.00	$0.00

QCGLIX vs. TLLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QCGLIX CREF Global Equities Account - R3	11.46%	20.08%	0.00%
TLLIX TIAA-CREF Lifecycle Index 2050 Fund	9.98%	20.75%	-1.72%

Correlation

The correlation between QCGLIX and TLLIX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.99
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	0.96

The correlation between QCGLIX and TLLIX has been stable across timeframes, ranging from 0.96 to 0.99 - a consistent structural relationship.

Return for Risk

QCGLIX vs. TLLIX — Risk / Return Rank

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

QCGLIX

QCGLIX Risk / Return Rank: 65
QCGLIX Sharpe Ratio Rank: 63
QCGLIX Sortino Ratio Rank: 60
QCGLIX Omega Ratio Rank: 61
QCGLIX Calmar Ratio Rank: 66
QCGLIX Martin Ratio Rank: 76

TLLIX

TLLIX Risk / Return Rank: 70
TLLIX Sharpe Ratio Rank: 69
TLLIX Sortino Ratio Rank: 65
TLLIX Omega Ratio Rank: 65
TLLIX Calmar Ratio Rank: 70
TLLIX Martin Ratio Rank: 79

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.

QCGLIX vs. TLLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CREF Global Equities Account - R3 (QCGLIX) and TIAA-CREF Lifecycle Index 2050 Fund (TLLIX). 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.

	QCGLIX	TLLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.56	-0.05
Sortino ratio: Return per unit of downside risk	2.13	2.20	-0.06
Omega ratio: Gain probability vs. loss probability	1.27	1.28	-0.01
Calmar ratio: Return relative to maximum drawdown	2.18	2.23	-0.05
Martin ratio: Return relative to average drawdown	9.27	9.36	-0.10

QCGLIX vs. TLLIX - Sharpe Ratio Comparison

The current QCGLIX Sharpe Ratio is 1.51, which is comparable to the TLLIX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of QCGLIX and TLLIX, 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

QCGLIX vs. TLLIX - Drawdown Comparison

The maximum QCGLIX drawdown since its inception was -18.15%, smaller than the maximum TLLIX drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for QCGLIX and TLLIX.

Drawdown Indicators

	QCGLIX	TLLIX	Difference
Max Drawdown Largest peak-to-trough decline	-18.15%	-31.41%	+13.26%
Max Drawdown (1Y) Largest decline over 1 year	-10.29%	-8.79%	-1.50%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.41%	—
Current Drawdown Current decline from peak	-1.66%	-1.82%	+0.16%
Average Drawdown Average peak-to-trough decline	-2.16%	-4.14%	+1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	2.09%	+0.33%

Volatility

QCGLIX vs. TLLIX - Volatility Comparison

CREF Global Equities Account - R3 (QCGLIX) has a higher volatility of 4.63% compared to TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) at 3.73%. This indicates that QCGLIX's price experiences larger fluctuations and is considered to be riskier than TLLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCGLIX	TLLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	3.73%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	12.42%	10.46%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	14.85%	12.56%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	14.64%	+1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.19%	15.50%	+0.69%

QCGLIX vs. TLLIX - Expense Ratio Comparison

QCGLIX has a 0.24% expense ratio, which is higher than TLLIX's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QCGLIX vs. TLLIX - Dividend Comparison

QCGLIX has not paid dividends to shareholders, while TLLIX's dividend yield for the trailing twelve months is around 2.84%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QCGLIX CREF Global Equities Account - R3	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TLLIX TIAA-CREF Lifecycle Index 2050 Fund	2.84%	3.12%	2.26%	2.17%	2.35%	2.29%	1.71%	2.25%	2.67%	0.15%	2.57%	0.27%

Frequently Asked Questions

Can I hold both QCGLIX and TLLIX in my portfolio?

With a correlation of 0.99, QCGLIX and TLLIX 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, QCGLIX or TLLIX?

QCGLIX has higher volatility (4.63%) compared to TLLIX (3.73%). In terms of maximum drawdown, QCGLIX dropped -18.15% vs TLLIX's -31.41%.

Which has better risk-adjusted returns?

TLLIX currently has the higher Sharpe Ratio (1.56 vs 1.51), 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.