TCLIX vs. TILVX

Last updated Jun 24, 2026

TCLIX (TIAA-CREF Lifecycle 2015 Fund) and TILVX (TIAA-CREF Large-Cap Value Index Fund) are both mutual funds - TCLIX is a Target Retirement Date fund managed by TIAA Investments, while TILVX is a Large Cap Value Equities fund managed by TIAA Investments. Over the past 10 years, TCLIX returned 6.45%/yr vs 11.60%/yr for TILVX. Their correlation of 0.88 suggests significant overlap in exposure. TCLIX charges 0.52%/yr vs 0.05%/yr for TILVX.

Performance

TCLIX vs. TILVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle 2015 Fund (TCLIX) and TIAA-CREF Large-Cap Value Index Fund (TILVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCLIX achieves a 4.41% return, which is significantly lower than TILVX's 16.65% return. Over the past 10 years, TCLIX has underperformed TILVX with an annualized return of 6.45%, while TILVX has yielded a comparatively higher 11.60% annualized return.

TCLIX

• 1D: -0.15%
• 1M: 1.10%
• YTD: 4.41%
• 6M: 4.33%
• 1Y: 11.95%
• 3Y*: 9.67%
• 5Y*: 4.32%
• 10Y*: 6.45%

TILVX

• 1D: 0.55%
• 1M: 3.39%
• YTD: 16.65%
• 6M: 15.91%
• 1Y: 29.67%
• 3Y*: 18.97%
• 5Y*: 11.40%
• 10Y*: 11.60%

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

TCLIX vs. TILVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCLIX TIAA-CREF Lifecycle 2015 Fund	4.41%	11.50%	7.52%	10.90%	-13.12%	7.40%	11.57%	16.28%	-4.78%	11.29%
TILVX TIAA-CREF Large-Cap Value Index Fund	16.65%	15.81%	14.26%	11.49%	-7.57%	25.05%	2.90%	26.48%	-8.38%	10.93%

Correlation

The correlation between TCLIX and TILVX is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Oct 6, 2004	0.88

The correlation between TCLIX and TILVX shifts across timeframes, from 0.76 (3 years) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TCLIX vs. TILVX — Risk / Return Rank

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

TCLIX

TCLIX Risk / Return Rank: 66
TCLIX Sharpe Ratio Rank: 68
TCLIX Sortino Ratio Rank: 73
TCLIX Omega Ratio Rank: 71
TCLIX Calmar Ratio Rank: 55
TCLIX Martin Ratio Rank: 64

TILVX

TILVX Risk / Return Rank: 89
TILVX Sharpe Ratio Rank: 90
TILVX Sortino Ratio Rank: 87
TILVX Omega Ratio Rank: 81
TILVX Calmar Ratio Rank: 91
TILVX Martin Ratio Rank: 94

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.

TCLIX vs. TILVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2015 Fund (TCLIX) and TIAA-CREF Large-Cap Value Index Fund (TILVX). 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	TILVX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.75	-0.53
Sortino ratio: Return per unit of downside risk	3.26	3.83	-0.57
Omega ratio: Gain probability vs. loss probability	1.43	1.49	-0.06
Calmar ratio: Return relative to maximum drawdown	2.72	4.56	-1.84
Martin ratio: Return relative to average drawdown	11.83	18.92	-7.09

TCLIX vs. TILVX - Sharpe Ratio Comparison

The current TCLIX Sharpe Ratio is 2.22, which is comparable to the TILVX Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of TCLIX and TILVX, 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. TILVX - Drawdown Comparison

The maximum TCLIX drawdown since its inception was -39.84%, smaller than the maximum TILVX drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for TCLIX and TILVX.

Drawdown Indicators

	TCLIX	TILVX	Difference
Max Drawdown Largest peak-to-trough decline	-39.84%	-60.05%	+20.21%
Max Drawdown (1Y) Largest decline over 1 year	-4.60%	-6.80%	+2.20%
Max Drawdown (3Y) Largest decline over 3 years	-6.10%	-15.58%	+9.48%
Max Drawdown (5Y) Largest decline over 5 years	-18.04%	-19.00%	+0.96%
Max Drawdown (10Y) Largest decline over 10 years	-18.73%	-40.15%	+21.42%
Current Drawdown Current decline from peak	-0.15%	-0.09%	-0.06%
Average Drawdown Average peak-to-trough decline	-4.52%	-8.25%	+3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	1.63%	-0.58%

Volatility

TCLIX vs. TILVX - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle 2015 Fund (TCLIX) is 2.18%, while TIAA-CREF Large-Cap Value Index Fund (TILVX) has a volatility of 3.95%. This indicates that TCLIX experiences smaller price fluctuations and is considered to be less risky than TILVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCLIX	TILVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.18%	3.95%	-1.77%
Volatility (6M) Calculated over the trailing 6-month period	4.68%	8.68%	-4.00%
Volatility (1Y) Calculated over the trailing 1-year period	5.64%	11.30%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.00%	14.86%	-7.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	17.69%	-10.19%

TCLIX vs. TILVX - Expense Ratio Comparison

TCLIX has a 0.52% expense ratio, which is higher than TILVX's 0.05% expense ratio.

Dividends

TCLIX vs. TILVX - Dividend Comparison

TCLIX's dividend yield for the trailing twelve months is around 4.01%, less than TILVX's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TCLIX TIAA-CREF Lifecycle 2015 Fund	4.01%	4.19%	3.02%	2.59%	5.45%	7.41%	4.72%	3.32%	6.45%	2.66%	5.08%	5.19%
TILVX TIAA-CREF Large-Cap Value Index Fund	5.11%	5.96%	3.04%	4.90%	4.57%	3.77%	2.26%	7.05%	4.68%	2.01%	3.14%	4.24%

Frequently Asked Questions

Can I hold both TCLIX and TILVX in my portfolio?

TCLIX and TILVX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCLIX or TILVX?

TILVX has higher volatility (3.95%) compared to TCLIX (2.18%). In terms of maximum drawdown, TCLIX dropped -39.84% vs TILVX's -60.05%.

Which has better risk-adjusted returns?

TILVX currently has the higher Sharpe Ratio (2.75 vs 2.22), 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.