TIMVX vs. TILIX

Last updated Jun 24, 2026

TIMVX (TIAA-CREF Mid-Cap Value Fund) and TILIX (TIAA-CREF Large-Cap Growth Index Fund) are both mutual funds - TIMVX is a Mid Cap Value Equities fund managed by TIAA Investments, while TILIX is a Large Cap Growth Equities fund managed by TIAA Investments. Over the past 10 years, TIMVX returned 9.92%/yr vs 18.44%/yr for TILIX. Their correlation of 0.81 suggests significant overlap in exposure. TIMVX charges 0.45%/yr vs 0.05%/yr for TILIX.

Performance

TIMVX vs. TILIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Mid-Cap Value Fund (TIMVX) and TIAA-CREF Large-Cap Growth Index Fund (TILIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIMVX achieves a 19.78% return, which is significantly higher than TILIX's 3.15% return. Over the past 10 years, TIMVX has underperformed TILIX with an annualized return of 9.92%, while TILIX has yielded a comparatively higher 18.44% annualized return.

TIMVX

• 1D: 0.65%
• 1M: 3.75%
• YTD: 19.78%
• 6M: 18.14%
• 1Y: 31.59%
• 3Y*: 19.35%
• 5Y*: 10.71%
• 10Y*: 9.92%

TILIX

• 1D: -1.26%
• 1M: -2.50%
• YTD: 3.15%
• 6M: 1.82%
• 1Y: 19.80%
• 3Y*: 22.55%
• 5Y*: 13.55%
• 10Y*: 18.44%

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

TIMVX vs. TILIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TIMVX TIAA-CREF Mid-Cap Value Fund	19.78%	10.11%	14.48%	11.40%	-10.44%	32.27%	-4.21%	27.33%	-14.43%	9.30%
TILIX TIAA-CREF Large-Cap Growth Index Fund	3.15%	18.41%	33.31%	42.64%	-29.22%	27.63%	38.43%	36.30%	-1.66%	28.49%

Correlation

The correlation between TIMVX and TILIX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Sep 30, 2002	0.81

Over the past year, the correlation between TIMVX and TILIX has dropped to 0.48 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

TIMVX vs. TILIX — Risk / Return Rank

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

TIMVX

TIMVX Risk / Return Rank: 82
TIMVX Sharpe Ratio Rank: 80
TIMVX Sortino Ratio Rank: 78
TIMVX Omega Ratio Rank: 69
TIMVX Calmar Ratio Rank: 92
TIMVX Martin Ratio Rank: 92

TILIX

TILIX Risk / Return Rank: 20
TILIX Sharpe Ratio Rank: 24
TILIX Sortino Ratio Rank: 22
TILIX Omega Ratio Rank: 23
TILIX Calmar Ratio Rank: 16
TILIX Martin Ratio Rank: 17

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.

TIMVX vs. TILIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Mid-Cap Value Fund (TIMVX) and TIAA-CREF Large-Cap Growth Index Fund (TILIX). 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.

	TIMVX	TILIX	Difference
Sharpe ratio: Return per unit of total volatility	2.42	1.31	+1.11
Sortino ratio: Return per unit of downside risk	3.41	1.82	+1.59
Omega ratio: Gain probability vs. loss probability	1.42	1.23	+0.19
Calmar ratio: Return relative to maximum drawdown	4.59	1.31	+3.28
Martin ratio: Return relative to average drawdown	17.48	4.27	+13.20

TIMVX vs. TILIX - Sharpe Ratio Comparison

The current TIMVX Sharpe Ratio is 2.42, which is higher than the TILIX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of TIMVX and TILIX, 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

TIMVX vs. TILIX - Drawdown Comparison

The maximum TIMVX drawdown since its inception was -59.15%, which is greater than TILIX's maximum drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for TIMVX and TILIX.

Drawdown Indicators

	TIMVX	TILIX	Difference
Max Drawdown Largest peak-to-trough decline	-59.15%	-50.54%	-8.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	-16.24%	+9.05%
Max Drawdown (3Y) Largest decline over 3 years	-21.97%	-23.33%	+1.36%
Max Drawdown (5Y) Largest decline over 5 years	-21.97%	-32.68%	+10.71%
Max Drawdown (10Y) Largest decline over 10 years	-52.60%	-32.68%	-19.92%
Current Drawdown Current decline from peak	0.00%	-5.36%	+5.36%
Average Drawdown Average peak-to-trough decline	-8.30%	-7.73%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	4.96%	-3.08%

Volatility

TIMVX vs. TILIX - Volatility Comparison

The current volatility for TIAA-CREF Mid-Cap Value Fund (TIMVX) is 4.09%, while TIAA-CREF Large-Cap Growth Index Fund (TILIX) has a volatility of 5.95%. This indicates that TIMVX experiences smaller price fluctuations and is considered to be less risky than TILIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIMVX	TILIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	5.95%	-1.86%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	12.76%	-2.51%
Volatility (1Y) Calculated over the trailing 1-year period	13.66%	16.25%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.73%	21.59%	-3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.73%	21.16%	+0.57%

TIMVX vs. TILIX - Expense Ratio Comparison

TIMVX has a 0.45% expense ratio, which is higher than TILIX's 0.05% expense ratio.

Dividends

TIMVX vs. TILIX - Dividend Comparison

TIMVX's dividend yield for the trailing twelve months is around 6.87%, more than TILIX's 4.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TILIX TIAA-CREF Large-Cap Growth Index Fund	4.28%	4.41%	3.25%	1.90%	11.00%	8.76%	1.91%	2.38%	4.01%	0.68%	1.33%	1.32%
TIMVX TIAA-CREF Mid-Cap Value Fund	6.87%	8.23%	7.09%	1.63%	15.58%	14.87%	1.77%	20.99%	18.64%	7.13%	4.60%	10.06%

Frequently Asked Questions

Can I hold both TIMVX and TILIX in my portfolio?

TIMVX and TILIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIMVX or TILIX?

TILIX has higher volatility (5.95%) compared to TIMVX (4.09%). In terms of maximum drawdown, TIMVX dropped -59.15% vs TILIX's -50.54%.

Which has better risk-adjusted returns?

TIMVX currently has the higher Sharpe Ratio (2.42 vs 1.31), 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.