TBLHX vs. TTIHX

Last updated Jun 23, 2026

TBLHX (T. Rowe Price Retirement Blend 2035 Fund) and TTIHX (Nuveen Lifecycle Index 2055 Fund Class I) are both Target Retirement Date funds. Over the past 3 years, TBLHX returned 15.62%/yr vs 18.48%/yr for TTIHX. With a 0.97 correlation, they move nearly in lockstep. TBLHX charges 0.24%/yr vs 0.18%/yr for TTIHX.

Performance

TBLHX vs. TTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement Blend 2035 Fund (TBLHX) 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, TBLHX achieves a 9.39% return, which is significantly lower than TTIHX's 11.69% return.

TBLHX

• 1D: 0.91%
• 1M: 1.37%
• YTD: 9.39%
• 6M: 9.21%
• 1Y: 22.53%
• 3Y*: 15.62%
• 5Y*: —
• 10Y*: —

TTIHX

• 1D: 1.21%
• 1M: 1.83%
• YTD: 11.69%
• 6M: 11.51%
• 1Y: 27.50%
• 3Y*: 18.48%
• 5Y*: 10.65%
• 10Y*: 12.27%

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

TBLHX vs. TTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TBLHX T. Rowe Price Retirement Blend 2035 Fund	9.39%	17.39%	12.59%	18.77%	-17.11%	3.56%
TTIHX Nuveen Lifecycle Index 2055 Fund Class I	11.69%	20.97%	15.27%	20.62%	-17.68%	4.06%

Correlation

The correlation between TBLHX and TTIHX is 0.99 - 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	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Aug 3, 2021	0.97

The correlation between TBLHX and TTIHX has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

TBLHX vs. TTIHX — Risk / Return Rank

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

TBLHX

TBLHX Risk / Return Rank: 63
TBLHX Sharpe Ratio Rank: 63
TBLHX Sortino Ratio Rank: 61
TBLHX Omega Ratio Rank: 63
TBLHX Calmar Ratio Rank: 59
TBLHX Martin Ratio Rank: 68

TTIHX

TTIHX Risk / Return Rank: 68
TTIHX Sharpe Ratio Rank: 69
TTIHX Sortino Ratio Rank: 64
TTIHX Omega Ratio Rank: 65
TTIHX Calmar Ratio Rank: 69
TTIHX Martin Ratio Rank: 76

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.

TBLHX vs. TTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2035 Fund (TBLHX) 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.

	TBLHX	TTIHX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.22	-0.08
Sortino ratio: Return per unit of downside risk	2.98	3.05	-0.07
Omega ratio: Gain probability vs. loss probability	1.40	1.41	-0.01
Calmar ratio: Return relative to maximum drawdown	2.83	3.06	-0.23
Martin ratio: Return relative to average drawdown	12.37	13.32	-0.95

TBLHX vs. TTIHX - Sharpe Ratio Comparison

The current TBLHX Sharpe Ratio is 2.14, which is comparable to the TTIHX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of TBLHX 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

TBLHX vs. TTIHX - Drawdown Comparison

The maximum TBLHX drawdown since its inception was -24.45%, smaller than the maximum TTIHX drawdown of -31.83%. Use the drawdown chart below to compare losses from any high point for TBLHX and TTIHX.

Drawdown Indicators

	TBLHX	TTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-24.45%	-31.83%	+7.38%
Max Drawdown (1Y) Largest decline over 1 year	-7.83%	-8.91%	+1.08%
Max Drawdown (3Y) Largest decline over 3 years	-12.94%	-15.14%	+2.20%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.83%	—
Current Drawdown Current decline from peak	-0.38%	-0.48%	+0.10%
Average Drawdown Average peak-to-trough decline	-6.00%	-4.47%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.04%	-0.25%

Volatility

TBLHX vs. TTIHX - Volatility Comparison

The current volatility for T. Rowe Price Retirement Blend 2035 Fund (TBLHX) is 3.99%, while Nuveen Lifecycle Index 2055 Fund Class I (TTIHX) has a volatility of 4.98%. This indicates that TBLHX experiences smaller price fluctuations and is considered to be less risky than TTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBLHX	TTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	4.98%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	8.56%	10.17%	-1.61%
Volatility (1Y) Calculated over the trailing 1-year period	10.35%	12.27%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.12%	14.77%	-1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.12%	15.78%	-2.66%

TBLHX vs. TTIHX - Expense Ratio Comparison

TBLHX has a 0.24% expense ratio, which is higher than TTIHX's 0.18% 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

TBLHX vs. TTIHX - Dividend Comparison

TBLHX's dividend yield for the trailing twelve months is around 2.44%, less than TTIHX's 2.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TBLHX T. Rowe Price Retirement Blend 2035 Fund	2.44%	2.67%	2.19%	2.10%	2.38%	1.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TTIHX Nuveen Lifecycle Index 2055 Fund Class I	2.50%	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 TBLHX and TTIHX in my portfolio?

With a correlation of 0.99, TBLHX 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, TBLHX or TTIHX?

TTIHX has higher volatility (4.98%) compared to TBLHX (3.99%). In terms of maximum drawdown, TBLHX dropped -24.45% vs TTIHX's -31.83%.

Which has better risk-adjusted returns?

TTIHX currently has the higher Sharpe Ratio (2.22 vs 2.14), 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.