TCLNX vs. FJAWX

Last updated Jun 4, 2026

TCLNX (TIAA-CREF Lifecycle 2030 Fund) and FJAWX (Fidelity Advisor Freedom Blend 2010 Fund Class I) are both Target Retirement Date funds. Over the past 5 years, TCLNX returned 5.92%/yr vs 3.50%/yr for FJAWX. Their correlation of 0.88 suggests significant overlap in exposure. TCLNX charges 0.51%/yr vs 0.41%/yr for FJAWX.

Performance

TCLNX vs. FJAWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle 2030 Fund (TCLNX) and Fidelity Advisor Freedom Blend 2010 Fund Class I (FJAWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCLNX achieves a 6.22% return, which is significantly higher than FJAWX's 5.37% return.

TCLNX

• 1D: 0.35%
• 1M: 2.89%
• YTD: 6.22%
• 6M: 6.60%
• 1Y: 16.68%
• 3Y*: 12.62%
• 5Y*: 5.92%
• 10Y*: 8.29%

FJAWX

• 1D: 0.27%
• 1M: 1.96%
• YTD: 5.37%
• 6M: 5.63%
• 1Y: 12.59%
• 3Y*: 8.85%
• 5Y*: 3.50%
• 10Y*: —

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

TCLNX vs. FJAWX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TCLNX TIAA-CREF Lifecycle 2030 Fund	6.22%	13.93%	9.81%	14.38%	-15.45%	10.92%	14.22%	20.95%	-10.61%
FJAWX Fidelity Advisor Freedom Blend 2010 Fund Class I	5.37%	11.06%	5.02%	9.70%	-13.63%	5.15%	10.67%	14.37%	-4.56%

Correlation

The correlation between TCLNX and FJAWX is 0.89, 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	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.88

The correlation between TCLNX and FJAWX has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

TCLNX vs. FJAWX — Risk / Return Rank

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

TCLNX

TCLNX Risk / Return Rank: 58
TCLNX Sharpe Ratio Rank: 60
TCLNX Sortino Ratio Rank: 61
TCLNX Omega Ratio Rank: 59
TCLNX Calmar Ratio Rank: 51
TCLNX Martin Ratio Rank: 60

FJAWX

FJAWX Risk / Return Rank: 75
FJAWX Sharpe Ratio Rank: 77
FJAWX Sortino Ratio Rank: 78
FJAWX Omega Ratio Rank: 79
FJAWX Calmar Ratio Rank: 67
FJAWX Martin Ratio Rank: 73

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.

TCLNX vs. FJAWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2030 Fund (TCLNX) and Fidelity Advisor Freedom Blend 2010 Fund Class I (FJAWX). 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.

	TCLNX	FJAWX	Difference
Sharpe ratio Return per unit of total volatility	2.28	2.57	-0.29
Sortino ratio Return per unit of downside risk	3.29	3.79	-0.50
Omega ratio Gain probability vs. loss probability	1.43	1.53	-0.09
Calmar ratio Return relative to maximum drawdown	2.72	3.14	-0.42
Martin ratio Return relative to average drawdown	11.99	13.88	-1.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCLNX vs. FJAWX - Sharpe Ratio Comparison

The current TCLNX Sharpe Ratio is 2.28, which is comparable to the FJAWX Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of TCLNX and FJAWX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TCLNX	FJAWX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.57	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.55	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.78	-0.32

Drawdowns

TCLNX vs. FJAWX - Drawdown Comparison

The maximum TCLNX drawdown since its inception was -51.89%, which is greater than FJAWX's maximum drawdown of -18.64%. Use the drawdown chart below to compare losses from any high point for TCLNX and FJAWX.

Drawdown Indicators

	TCLNX	FJAWX	Difference
Max Drawdown Largest peak-to-trough decline	-51.89%	-18.64%	-33.25%
Max Drawdown (1Y) Largest decline over 1 year	-6.26%	-4.06%	-2.20%
Max Drawdown (3Y) Largest decline over 3 years	-9.61%	-5.88%	-3.73%
Max Drawdown (5Y) Largest decline over 5 years	-21.70%	-18.64%	-3.06%
Max Drawdown (10Y) Largest decline over 10 years	-25.48%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.90%	-3.96%	-2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	0.92%	+0.50%

Volatility

TCLNX vs. FJAWX - Volatility Comparison

TIAA-CREF Lifecycle 2030 Fund (TCLNX) has a higher volatility of 2.35% compared to Fidelity Advisor Freedom Blend 2010 Fund Class I (FJAWX) at 1.95%. This indicates that TCLNX's price experiences larger fluctuations and is considered to be riskier than FJAWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCLNX	FJAWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	1.95%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	6.04%	4.16%	+1.88%
Volatility (1Y) Calculated over the trailing 1-year period	7.50%	4.96%	+2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.82%	6.41%	+3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.07%	6.70%	+4.37%

TCLNX vs. FJAWX - Expense Ratio Comparison

TCLNX has a 0.51% expense ratio, which is higher than FJAWX's 0.41% expense ratio.

Dividends

TCLNX vs. FJAWX - Dividend Comparison

TCLNX's dividend yield for the trailing twelve months is around 4.45%, more than FJAWX's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJAWX Fidelity Advisor Freedom Blend 2010 Fund Class I	2.61%	2.89%	2.79%	2.61%	5.02%	6.13%	3.41%	2.35%	1.96%	0.00%	0.00%	0.00%
TCLNX TIAA-CREF Lifecycle 2030 Fund	4.45%	4.73%	3.11%	1.85%	5.67%	7.57%	4.92%	3.60%	6.59%	2.46%	5.13%	4.95%

Frequently Asked Questions

Can I hold both TCLNX and FJAWX in my portfolio?

TCLNX and FJAWX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCLNX or FJAWX?

TCLNX has higher volatility (2.35%) compared to FJAWX (1.95%). In terms of maximum drawdown, TCLNX dropped -51.89% vs FJAWX's -18.64%.

Which has better risk-adjusted returns?

FJAWX currently has the higher Sharpe Ratio (2.57 vs 2.28), 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.