TFTIX vs. DRIQX

Last updated Aug 1, 2026

TFTIX (TIAA-CREF Lifecycle 2050 Fund) and DRIQX (Dimensional 2015 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, TFTIX returned 10.85%/yr vs 4.48%/yr for DRIQX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. TFTIX charges 0.22%/yr vs 0.17%/yr for DRIQX.

Performance

TFTIX vs. DRIQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle 2050 Fund (TFTIX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TFTIX achieves a 8.14% return, which is significantly higher than DRIQX's 3.01% return. Over the past 10 years, TFTIX has outperformed DRIQX with an annualized return of 10.85%, while DRIQX has yielded a comparatively lower 4.48% annualized return.

TFTIX

• 1D: 2.17%
• 1M: -0.29%
• 6M: 5.52%
• YTD: 8.14%
• 1Y: 18.91%
• 3Y*: 14.85%
• 5Y*: 8.36%
• 10Y*: 10.85%
• ALL TIME*: 7.67%

DRIQX

• 1D: 0.35%
• 1M: -0.44%
• 6M: 1.84%
• YTD: 3.01%
• 1Y: 6.61%
• 3Y*: 6.44%
• 5Y*: 1.86%
• 10Y*: 4.48%
• ALL TIME*: 5.07%

*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)
DRIQX Dimensional 2015 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
TFTIX TIAA-CREF Lifecycle 2050 Fund	$0.00	$0.00	$0.00

TFTIX vs. DRIQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TFTIX TIAA-CREF Lifecycle 2050 Fund	8.14%	18.80%	14.28%	20.02%	-17.71%	16.37%	17.42%	26.21%	-9.90%	20.54%
DRIQX Dimensional 2015 Target Date Retirement Income Fund	3.01%	8.83%	5.47%	8.17%	-14.79%	7.79%	14.31%	14.08%	-4.20%	7.82%

Correlation

The correlation between TFTIX and DRIQX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.65
Correlation (10Y) Provides a long-term view across more market conditions.	0.59
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.59

Over the past year, TFTIX and DRIQX have become more correlated (0.80) than their long-term average of 0.59, meaning their price movements have been converging.

Return for Risk

TFTIX vs. DRIQX — Risk / Return Rank

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

TFTIX

TFTIX Risk / Return Rank: 51
TFTIX Sharpe Ratio Rank: 49
TFTIX Sortino Ratio Rank: 49
TFTIX Omega Ratio Rank: 48
TFTIX Calmar Ratio Rank: 49
TFTIX Martin Ratio Rank: 60

DRIQX

DRIQX Risk / Return Rank: 53
DRIQX Sharpe Ratio Rank: 54
DRIQX Sortino Ratio Rank: 54
DRIQX Omega Ratio Rank: 54
DRIQX Calmar Ratio Rank: 48
DRIQX Martin Ratio Rank: 53

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.

TFTIX vs. DRIQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2050 Fund (TFTIX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). 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.

	TFTIX	DRIQX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	1.46	-0.11
Sortino ratio: Return per unit of downside risk	1.93	2.10	-0.17
Omega ratio: Gain probability vs. loss probability	1.25	1.27	-0.02
Calmar ratio: Return relative to maximum drawdown	1.85	1.90	-0.04
Martin ratio: Return relative to average drawdown	7.81	7.47	+0.35

TFTIX vs. DRIQX - Sharpe Ratio Comparison

The current TFTIX Sharpe Ratio is 1.35, which is comparable to the DRIQX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of TFTIX and DRIQX, 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

TFTIX vs. DRIQX - Drawdown Comparison

The maximum TFTIX drawdown since its inception was -51.99%, which is greater than DRIQX's maximum drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for TFTIX and DRIQX.

Drawdown Indicators

	TFTIX	DRIQX	Difference
Max Drawdown Largest peak-to-trough decline	-51.99%	-19.86%	-32.13%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-3.47%	-5.86%
Max Drawdown (3Y) Largest decline over 3 years	-15.58%	-5.12%	-10.46%
Max Drawdown (5Y) Largest decline over 5 years	-25.68%	-19.86%	-5.82%
Max Drawdown (10Y) Largest decline over 10 years	-32.44%	-19.86%	-12.58%
Current Drawdown Current decline from peak	-1.36%	-1.30%	-0.06%
Average Drawdown Average peak-to-trough decline	-7.66%	-3.84%	-3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	0.88%	+1.33%

Volatility

TFTIX vs. DRIQX - Volatility Comparison

TIAA-CREF Lifecycle 2050 Fund (TFTIX) has a higher volatility of 3.88% compared to Dimensional 2015 Target Date Retirement Income Fund (DRIQX) at 1.10%. This indicates that TFTIX's price experiences larger fluctuations and is considered to be riskier than DRIQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFTIX	DRIQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	1.10%	+2.78%
Volatility (6M) Calculated over the trailing 6-month period	10.59%	3.60%	+6.99%
Volatility (1Y) Calculated over the trailing 1-year period	12.82%	4.52%	+8.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.85%	7.07%	+7.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.94%	6.58%	+9.36%

TFTIX vs. DRIQX - Expense Ratio Comparison

TFTIX has a 0.22% expense ratio, which is higher than DRIQX's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TFTIX vs. DRIQX - Dividend Comparison

TFTIX's dividend yield for the trailing twelve months is around 6.79%, more than DRIQX's 6.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIQX Dimensional 2015 Target Date Retirement Income Fund	6.36%	4.95%	4.53%	4.28%	6.51%	4.54%	3.76%	2.05%	2.23%	1.66%	1.37%	0.00%
TFTIX TIAA-CREF Lifecycle 2050 Fund	6.79%	7.34%	3.79%	2.01%	8.81%	11.71%	6.91%	5.63%	5.37%	0.84%	3.85%	3.53%

Frequently Asked Questions

Can I hold both TFTIX and DRIQX in my portfolio?

TFTIX and DRIQX 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, TFTIX or DRIQX?

TFTIX has higher volatility (3.88%) compared to DRIQX (1.10%). In terms of maximum drawdown, TFTIX dropped -51.99% vs DRIQX's -19.86%.

Which has better risk-adjusted returns?

DRIQX currently has the higher Sharpe Ratio (1.46 vs 1.35), 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.