TCLNX vs. SPY
Compare and contrast key facts about TIAA-CREF Lifecycle 2030 Fund (TCLNX) and SPDR S&P 500 ETF (SPY).
TCLNX is managed by TIAA Investments. It was launched on Oct 14, 2004. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCLNX or SPY.
Key characteristics
TCLNX | SPY | |
---|---|---|
YTD Return | 10.38% | 19.22% |
1Y Return | 16.98% | 28.25% |
3Y Return (Ann) | 2.66% | 9.99% |
5Y Return (Ann) | 7.32% | 15.19% |
10Y Return (Ann) | 6.80% | 12.84% |
Sharpe Ratio | 1.97 | 2.25 |
Daily Std Dev | 8.62% | 12.59% |
Max Drawdown | -51.89% | -55.19% |
Current Drawdown | -0.06% | -0.32% |
Correlation
The correlation between TCLNX and SPY is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TCLNX vs. SPY - Performance Comparison
In the year-to-date period, TCLNX achieves a 10.38% return, which is significantly lower than SPY's 19.22% return. Over the past 10 years, TCLNX has underperformed SPY with an annualized return of 6.80%, while SPY has yielded a comparatively higher 12.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TCLNX vs. SPY - Expense Ratio Comparison
TCLNX has a 0.51% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TCLNX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2030 Fund (TCLNX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
TCLNX vs. SPY - Dividend Comparison
TCLNX's dividend yield for the trailing twelve months is around 1.67%, more than SPY's 0.93% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
TIAA-CREF Lifecycle 2030 Fund | 1.67% | 1.85% | 5.67% | 7.57% | 4.92% | 3.60% | 6.59% | 4.47% | 5.13% | 6.67% | 6.19% | 5.73% |
SPDR S&P 500 ETF | 0.93% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
TCLNX vs. SPY - Drawdown Comparison
The maximum TCLNX drawdown since its inception was -51.89%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TCLNX and SPY. For additional features, visit the drawdowns tool.
Volatility
TCLNX vs. SPY - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle 2030 Fund (TCLNX) is 2.37%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.94%. This indicates that TCLNX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.