TIMIX vs. WFSPX
TIMIX (TIAA-CREF Managed Allocation Fund) and WFSPX (iShares S&P 500 Index Fund Class K) are both mutual funds - TIMIX is a Diversified Portfolio fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, TIMIX returned 7.90%/yr vs 14.88%/yr for WFSPX. Their correlation of 0.94 means they have usually moved in the same direction. TIMIX charges 0.00%/yr vs 0.03%/yr for WFSPX.
Performance
TIMIX vs. WFSPX - Performance Comparison
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Returns By Period
In the year-to-date period, TIMIX achieves a 4.93% return, which is significantly lower than WFSPX's 9.34% return. Over the past 10 years, TIMIX has underperformed WFSPX with an annualized return of 7.90%, while WFSPX has yielded a comparatively higher 14.88% annualized return.
TIMIX
- 1D
- 1.47%
- 1M
- -0.58%
- 6M
- 3.06%
- YTD
- 4.93%
- 1Y
- 12.77%
- 3Y*
- 11.40%
- 5Y*
- 5.51%
- 10Y*
- 7.90%
- ALL TIME*
- 6.59%
WFSPX
- 1D
- 1.66%
- 1M
- -0.56%
- 6M
- 7.78%
- YTD
- 9.34%
- 1Y
- 20.57%
- 3Y*
- 18.99%
- 5Y*
- 12.65%
- 10Y*
- 14.88%
- ALL TIME*
- 16.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TIMIX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIMIX TIAA-CREF Managed Allocation Fund | 4.93% | 14.98% | 10.47% | 16.25% | -16.83% | 9.96% | 15.40% | 20.53% | -6.88% | 14.97% |
WFSPX iShares S&P 500 Index Fund Class K | 9.34% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Correlation
The correlation between TIMIX and WFSPX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2006 | 0.94 |
The correlation between TIMIX and WFSPX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
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Return for Risk
TIMIX vs. WFSPX — Risk / Return Rank
TIMIX
WFSPX
TIMIX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Managed Allocation Fund (TIMIX) and iShares S&P 500 Index Fund Class K (WFSPX). 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.
| TIMIX | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.26 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 2.06 | -0.44 |
| Martin ratioReturn relative to average drawdown | 6.95 | 8.83 | -1.87 |
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Drawdowns
TIMIX vs. WFSPX - Drawdown Comparison
The maximum TIMIX drawdown since its inception was -41.37%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for TIMIX and WFSPX.
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Drawdown Indicators
| TIMIX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.37% | -58.21% | +16.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -8.90% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -10.44% | -18.74% | +8.30% |
Max Drawdown (5Y)Largest decline over 5 years | -23.58% | -24.51% | +0.93% |
Max Drawdown (10Y)Largest decline over 10 years | -24.64% | -33.74% | +9.10% |
Current DrawdownCurrent decline from peak | -1.29% | -2.10% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -5.43% | -12.72% | +7.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 2.07% | -0.35% |
Volatility
TIMIX vs. WFSPX - Volatility Comparison
The current volatility for TIAA-CREF Managed Allocation Fund (TIMIX) is 2.82%, while iShares S&P 500 Index Fund Class K (WFSPX) has a volatility of 3.44%. This indicates that TIMIX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIMIX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 3.44% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 7.78% | 10.09% | -2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.26% | 12.85% | -3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 16.99% | -6.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.87% | 18.03% | -7.16% |
TIMIX vs. WFSPX - Expense Ratio Comparison
TIMIX has a 0.00% expense ratio, which is lower than WFSPX's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TIMIX vs. WFSPX - Dividend Comparison
TIMIX's dividend yield for the trailing twelve months is around 6.61%, more than WFSPX's 1.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TIMIX TIAA-CREF Managed Allocation Fund | 6.61% | 7.33% | 4.43% | 2.78% | 7.92% | 11.50% | 8.51% | 5.66% | 6.31% | 2.56% | 4.92% | 4.80% |
WFSPX iShares S&P 500 Index Fund Class K | 1.67% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
With a correlation of 0.94, TIMIX and WFSPX 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.
WFSPX has higher volatility (3.44%) compared to TIMIX (2.82%). In terms of maximum drawdown, TIMIX dropped -41.37% vs WFSPX's -58.21%.
WFSPX currently has the higher Sharpe Ratio (1.42 vs 1.30), 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.
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