TLHIX vs. GOVZ
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ).
TLHIX is managed by TIAA Investments. It was launched on Sep 29, 2009. GOVZ is a passively managed fund by iShares that tracks the performance of the ICE BofA Long US Treasury Principal STRIPS Index. It was launched on Sep 22, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLHIX or GOVZ.
Key characteristics
| TLHIX | GOVZ | |
|---|---|---|
| YTD Return | 10.70% | 1.19% |
| 1Y Return | 18.02% | 12.13% |
| 3Y Return (Ann) | 3.27% | -15.35% |
| Sharpe Ratio | 1.87 | 0.42 |
| Daily Std Dev | 9.54% | 26.19% |
| Max Drawdown | -23.86% | -59.65% |
| Current Drawdown | -0.36% | -45.94% |
Correlation
The correlation between TLHIX and GOVZ is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TLHIX vs. GOVZ - Performance Comparison
In the year-to-date period, TLHIX achieves a 10.70% return, which is significantly higher than GOVZ's 1.19% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TLHIX vs. GOVZ - Expense Ratio Comparison
TLHIX has a 0.10% expense ratio, which is lower than GOVZ's 0.15% 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%.
Risk-Adjusted Performance
TLHIX vs. GOVZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). 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.
Dividends
TLHIX vs. GOVZ - Dividend Comparison
TLHIX's dividend yield for the trailing twelve months is around 2.20%, less than GOVZ's 3.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLHIX TIAA-CREF Lifecycle Index 2030 Fund | 2.20% | 2.44% | 2.82% | 3.21% | 2.06% | 2.25% | 2.68% | 2.04% | 2.49% | 2.40% | 2.24% | 2.47% |
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF | 3.75% | 3.84% | 3.69% | 1.76% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TLHIX vs. GOVZ - Drawdown Comparison
The maximum TLHIX drawdown since its inception was -23.86%, smaller than the maximum GOVZ drawdown of -59.65%. Use the drawdown chart below to compare losses from any high point for TLHIX and GOVZ. For additional features, visit the drawdowns tool.
Volatility
TLHIX vs. GOVZ - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) is 2.39%, while iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) has a volatility of 5.40%. This indicates that TLHIX experiences smaller price fluctuations and is considered to be less risky than GOVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.