TCLIX vs. DRIKX

Last updated Aug 1, 2026

TCLIX (TIAA-CREF Lifecycle 2015 Fund) and DRIKX (Dimensional 2055 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, TCLIX returned 5.96%/yr vs 12.10%/yr for DRIKX. Their correlation of 0.92 means they have usually moved in the same direction. TCLIX charges 0.52%/yr vs 0.22%/yr for DRIKX.

Performance

TCLIX vs. DRIKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle 2015 Fund (TCLIX) and Dimensional 2055 Target Date Retirement Income Fund (DRIKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCLIX achieves a 3.80% return, which is significantly lower than DRIKX's 10.72% return. Over the past 10 years, TCLIX has underperformed DRIKX with an annualized return of 5.96%, while DRIKX has yielded a comparatively higher 12.10% annualized return.

TCLIX

• 1D: 0.89%
• 1M: -0.36%
• 6M: 2.55%
• YTD: 3.80%
• 1Y: 9.42%
• 3Y*: 8.61%
• 5Y*: 3.93%
• 10Y*: 5.96%
• ALL TIME*: 5.50%

DRIKX

• 1D: 1.69%
• 1M: -0.16%
• 6M: 7.53%
• YTD: 10.72%
• 1Y: 22.29%
• 3Y*: 17.13%
• 5Y*: 10.94%
• 10Y*: 12.10%
• ALL TIME*: 12.22%

*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)
DRIKX Dimensional 2055 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
TCLIX TIAA-CREF Lifecycle 2015 Fund	$0.00	$0.00	$0.00

TCLIX vs. DRIKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCLIX TIAA-CREF Lifecycle 2015 Fund	3.80%	11.50%	7.52%	10.90%	-13.12%	7.40%	11.57%	16.28%	-4.78%	11.29%
DRIKX Dimensional 2055 Target Date Retirement Income Fund	10.72%	19.29%	17.19%	21.26%	-15.32%	21.28%	14.20%	25.63%	-9.16%	21.59%

Correlation

The correlation between TCLIX and DRIKX 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.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (10Y) Provides a long-term view across more market conditions.	0.92
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.92

The correlation between TCLIX and DRIKX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

TCLIX vs. DRIKX — Risk / Return Rank

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

TCLIX

TCLIX Risk / Return Rank: 61
TCLIX Sharpe Ratio Rank: 62
TCLIX Sortino Ratio Rank: 65
TCLIX Omega Ratio Rank: 63
TCLIX Calmar Ratio Rank: 52
TCLIX Martin Ratio Rank: 64

DRIKX

DRIKX Risk / Return Rank: 76
DRIKX Sharpe Ratio Rank: 76
DRIKX Sortino Ratio Rank: 73
DRIKX Omega Ratio Rank: 72
DRIKX Calmar Ratio Rank: 76
DRIKX Martin Ratio Rank: 84

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.

TCLIX vs. DRIKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2015 Fund (TCLIX) and Dimensional 2055 Target Date Retirement Income Fund (DRIKX). 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.

	TCLIX	DRIKX	Difference
Sharpe ratio: Return per unit of total volatility	1.58	1.77	-0.19
Sortino ratio: Return per unit of downside risk	2.32	2.50	-0.18
Omega ratio: Gain probability vs. loss probability	1.29	1.32	-0.02
Calmar ratio: Return relative to maximum drawdown	1.99	2.51	-0.52
Martin ratio: Return relative to average drawdown	8.46	10.54	-2.08

TCLIX vs. DRIKX - Sharpe Ratio Comparison

The current TCLIX Sharpe Ratio is 1.58, which is comparable to the DRIKX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of TCLIX and DRIKX, 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

TCLIX vs. DRIKX - Drawdown Comparison

The maximum TCLIX drawdown since its inception was -39.84%, which is greater than DRIKX's maximum drawdown of -33.48%. Use the drawdown chart below to compare losses from any high point for TCLIX and DRIKX.

Drawdown Indicators

	TCLIX	DRIKX	Difference
Max Drawdown Largest peak-to-trough decline	-39.84%	-33.48%	-6.36%
Max Drawdown (1Y) Largest decline over 1 year	-4.60%	-8.59%	+3.99%
Max Drawdown (3Y) Largest decline over 3 years	-6.10%	-16.02%	+9.92%
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	-23.49%	+5.45%
Max Drawdown (10Y) Largest decline over 10 years	-18.73%	-33.48%	+14.75%
Current Drawdown Current decline from peak	-0.80%	-1.48%	+0.68%
Average Drawdown Average peak-to-trough decline	-4.50%	-4.20%	-0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	2.00%	-0.92%

Volatility

TCLIX vs. DRIKX - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle 2015 Fund (TCLIX) is 1.72%, while Dimensional 2055 Target Date Retirement Income Fund (DRIKX) has a volatility of 3.40%. This indicates that TCLIX experiences smaller price fluctuations and is considered to be less risky than DRIKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCLIX	DRIKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	3.40%	-1.68%
Volatility (6M) Calculated over the trailing 6-month period	4.87%	9.89%	-5.02%
Volatility (1Y) Calculated over the trailing 1-year period	5.81%	12.20%	-6.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.02%	14.94%	-7.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.44%	15.69%	-8.25%

TCLIX vs. DRIKX - Expense Ratio Comparison

TCLIX has a 0.52% expense ratio, which is higher than DRIKX's 0.22% expense ratio.

Dividends

TCLIX vs. DRIKX - Dividend Comparison

TCLIX's dividend yield for the trailing twelve months is around 4.03%, more than DRIKX's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIKX Dimensional 2055 Target Date Retirement Income Fund	1.81%	1.24%	2.44%	3.19%	3.92%	2.37%	2.41%	2.12%	2.27%	1.18%	1.39%	0.00%
TCLIX TIAA-CREF Lifecycle 2015 Fund	4.03%	4.19%	3.02%	2.59%	5.45%	7.41%	4.72%	3.32%	6.45%	2.66%	5.08%	5.19%

Frequently Asked Questions

Can I hold both TCLIX and DRIKX in my portfolio?

With a correlation of 0.90, TCLIX and DRIKX 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, TCLIX or DRIKX?

DRIKX has higher volatility (3.40%) compared to TCLIX (1.72%). In terms of maximum drawdown, TCLIX dropped -39.84% vs DRIKX's -33.48%.

Which has better risk-adjusted returns?

DRIKX currently has the higher Sharpe Ratio (1.77 vs 1.58), 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.