TCLOX vs. FNSHX
Compare and contrast key facts about TIAA-CREF Lifecycle 2040 Fund (TCLOX) and Fidelity Freedom Income Fund Class K (FNSHX).
TCLOX is managed by TIAA Investments. It was launched on Oct 14, 2004. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
TCLOX vs. FNSHX - Performance Comparison
Loading graphics...
TCLOX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TCLOX TIAA-CREF Lifecycle 2040 Fund | -2.32% | 16.72% | 12.55% | 18.04% | -16.86% | 13.93% | 16.06% | 24.38% | -9.26% | 5.68% |
FNSHX Fidelity Freedom Income Fund Class K | 0.45% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, TCLOX achieves a -2.32% return, which is significantly lower than FNSHX's 0.45% return.
TCLOX
- 1D
- 2.27%
- 1M
- -5.01%
- YTD
- -2.32%
- 6M
- -0.08%
- 1Y
- 15.00%
- 3Y*
- 12.76%
- 5Y*
- 6.42%
- 10Y*
- 9.33%
FNSHX
- 1D
- 0.98%
- 1M
- -2.22%
- YTD
- 0.45%
- 6M
- 1.62%
- 1Y
- 8.22%
- 3Y*
- 6.53%
- 5Y*
- 2.75%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TCLOX vs. FNSHX - Expense Ratio Comparison
TCLOX has a 0.49% expense ratio, which is higher than FNSHX's 0.42% expense ratio.
Return for Risk
TCLOX vs. FNSHX — Risk / Return Rank
TCLOX
FNSHX
TCLOX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2040 Fund (TCLOX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.
| TCLOX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.76 | -0.58 |
Sortino ratioReturn per unit of downside risk | 1.71 | 2.46 | -0.75 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.35 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.34 | -0.82 |
Martin ratioReturn relative to average drawdown | 6.56 | 9.69 | -3.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TCLOX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.76 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.53 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.75 | -0.32 |
Correlation
The correlation between TCLOX and FNSHX is 0.70, 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.
Dividends
TCLOX vs. FNSHX - Dividend Comparison
TCLOX's dividend yield for the trailing twelve months is around 5.05%, more than FNSHX's 3.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCLOX TIAA-CREF Lifecycle 2040 Fund | 5.05% | 4.93% | 2.49% | 1.37% | 5.82% | 8.32% | 5.54% | 3.87% | 7.20% | 2.84% | 5.28% | 5.77% |
FNSHX Fidelity Freedom Income Fund Class K | 3.26% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
TCLOX vs. FNSHX - Drawdown Comparison
The maximum TCLOX drawdown since its inception was -53.88%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for TCLOX and FNSHX.
Loading graphics...
Drawdown Indicators
| TCLOX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.88% | -15.87% | -38.01% |
Max Drawdown (1Y)Largest decline over 1 year | -9.26% | -3.68% | -5.58% |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | -15.87% | -8.40% |
Max Drawdown (10Y)Largest decline over 10 years | -30.12% | — | — |
Current DrawdownCurrent decline from peak | -6.00% | -2.56% | -3.44% |
Average DrawdownAverage peak-to-trough decline | -7.64% | -3.09% | -4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 0.89% | +1.25% |
Volatility
TCLOX vs. FNSHX - Volatility Comparison
TIAA-CREF Lifecycle 2040 Fund (TCLOX) has a higher volatility of 4.90% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.45%. This indicates that TCLOX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TCLOX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 2.45% | +2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 7.83% | 3.30% | +4.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.22% | 4.89% | +8.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.81% | 5.27% | +7.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.21% | 4.81% | +9.40% |