TILIX vs. SWLGX

Last updated Jul 15, 2026

TILIX (Nuveen Large Cap Growth Index Fund R6 Class) and SWLGX (Schwab U.S. Large-Cap Growth Index Fund) are both Large Cap Growth Equities funds tracking the Russell 1000 Growth Index, from Nuveen and Charles Schwab respectively. Both are passively managed. Over the past 5 years, TILIX returned 12.64%/yr vs 12.63%/yr for SWLGX. With a 0.99 correlation, they move nearly in lockstep. TILIX charges 0.05%/yr vs 0.04%/yr for SWLGX.

Performance

TILIX vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Large Cap Growth Index Fund R6 Class (TILIX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TILIX achieves a 3.21% return, which is significantly higher than SWLGX's 3.02% return.

TILIX

• 1D: -1.93%
• 1M: 0.23%
• 6M: 2.60%
• YTD: 3.21%
• 1Y: 14.04%
• 3Y*: 20.87%
• 5Y*: 12.64%
• 10Y*: 17.73%

SWLGX

• 1D: -1.95%
• 1M: 0.00%
• 6M: 2.44%
• YTD: 3.02%
• 1Y: 13.95%
• 3Y*: 20.83%
• 5Y*: 12.63%
• 10Y*: —

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

TILIX vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TILIX Nuveen Large Cap Growth Index Fund R6 Class	3.21%	18.41%	33.31%	42.64%	-29.22%	27.63%	38.43%	36.30%	-1.66%	-0.93%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	3.02%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Correlation

The correlation between TILIX and SWLGX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Dec 19, 2017	1.00

The correlation between TILIX and SWLGX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

Return for Risk

TILIX vs. SWLGX — Risk / Return Rank

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

TILIX

TILIX Risk / Return Rank: 16
TILIX Sharpe Ratio Rank: 18
TILIX Sortino Ratio Rank: 17
TILIX Omega Ratio Rank: 17
TILIX Calmar Ratio Rank: 13
TILIX Martin Ratio Rank: 15

SWLGX

SWLGX Risk / Return Rank: 16
SWLGX Sharpe Ratio Rank: 17
SWLGX Sortino Ratio Rank: 17
SWLGX Omega Ratio Rank: 16
SWLGX Calmar Ratio Rank: 13
SWLGX Martin Ratio Rank: 15

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.

TILIX vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Large Cap Growth Index Fund R6 Class (TILIX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.

	TILIX	SWLGX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	0.86	+0.01
Sortino ratio: Return per unit of downside risk	1.27	1.26	+0.01
Omega ratio: Gain probability vs. loss probability	1.16	1.16	0.00
Calmar ratio: Return relative to maximum drawdown	0.89	0.89	+0.01
Martin ratio: Return relative to average drawdown	2.82	2.81	0.00

TILIX vs. SWLGX - Sharpe Ratio Comparison

The current TILIX Sharpe Ratio is 0.87, which is comparable to the SWLGX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of TILIX and SWLGX, 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

TILIX vs. SWLGX - Drawdown Comparison

The maximum TILIX drawdown since its inception was -50.54%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for TILIX and SWLGX.

Drawdown Indicators

	TILIX	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	-50.54%	-32.69%	-17.85%
Max Drawdown (1Y) Largest decline over 1 year	-16.24%	-16.16%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	-23.33%	-23.30%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-32.68%	-32.69%	+0.01%
Max Drawdown (10Y) Largest decline over 10 years	-32.68%	—	—
Current Drawdown Current decline from peak	-5.30%	-5.49%	+0.19%
Average Drawdown Average peak-to-trough decline	-7.72%	-7.02%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.13%	5.09%	+0.04%

Volatility

TILIX vs. SWLGX - Volatility Comparison

Nuveen Large Cap Growth Index Fund R6 Class (TILIX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX) have volatilities of 6.39% and 6.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TILIX	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.39%	6.50%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	13.36%	13.40%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	16.76%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.69%	21.71%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.16%	22.68%	-1.52%

TILIX vs. SWLGX - Expense Ratio Comparison

TILIX has a 0.05% expense ratio, which is higher than SWLGX's 0.04% 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

TILIX vs. SWLGX - Dividend Comparison

TILIX's dividend yield for the trailing twelve months is around 4.27%, more than SWLGX's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.44%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%	0.00%	0.00%
TILIX Nuveen Large Cap Growth Index Fund R6 Class	4.27%	4.41%	3.25%	1.90%	11.00%	8.76%	1.91%	2.38%	4.01%	0.68%	1.33%	1.32%

Frequently Asked Questions

Can I hold both TILIX and SWLGX in my portfolio?

With a correlation of 1.00, TILIX and SWLGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TILIX or SWLGX?

SWLGX has higher volatility (6.50%) compared to TILIX (6.39%). In terms of maximum drawdown, TILIX dropped -50.54% vs SWLGX's -32.69%.

Which has better risk-adjusted returns?

TILIX currently has the higher Sharpe Ratio (0.87 vs 0.86), 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.