TLHIX vs. GOVZ

Last updated Apr 1, 2026

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.

Performance

TLHIX vs. GOVZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). The values are adjusted to include any dividend payments, if applicable.

TLHIX vs. GOVZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TLHIX TIAA-CREF Lifecycle Index 2030 Fund	-2.76%	15.76%	10.59%	15.54%	-15.72%	11.65%	12.36%
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF	-0.07%	-1.81%	-16.24%	0.90%	-41.03%	-4.86%	-5.61%

Returns By Period

In the year-to-date period, TLHIX achieves a -2.76% return, which is significantly lower than GOVZ's -0.07% return.

TLHIX

• 1D: 0.00%
• 1M: -5.92%
• YTD: -2.76%
• 6M: -0.61%
• 1Y: 11.82%
• 3Y*: 10.84%
• 5Y*: 5.73%
• 10Y*: 8.14%

GOVZ

• 1D: -0.43%
• 1M: -6.18%
• YTD: -0.07%
• 6M: -3.49%
• 1Y: -6.30%
• 3Y*: -8.76%
• 5Y*: -10.89%
• 10Y*: —

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

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%.

GOVZ

iShares 25+ Year Treasury STRIPS Bond ETF

TLHIX

TIAA-CREF Lifecycle Index 2030 Fund

Return for Risk

TLHIX vs. GOVZ — Risk / Return Rank

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

TLHIX

TLHIX Risk / Return Rank: 69
TLHIX Sharpe Ratio Rank: 69
TLHIX Sortino Ratio Rank: 71
TLHIX Omega Ratio Rank: 69
TLHIX Calmar Ratio Rank: 65
TLHIX Martin Ratio Rank: 71

GOVZ

GOVZ Risk / Return Rank: 7
GOVZ Sharpe Ratio Rank: 6
GOVZ Sortino Ratio Rank: 6
GOVZ Omega Ratio Rank: 6
GOVZ Calmar Ratio Rank: 8
GOVZ Martin Ratio Rank: 8

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.

TLHIX vs. GOVZ - Risk-Adjusted Trends 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.

	TLHIX	GOVZ	Difference
Sharpe ratio Return per unit of total volatility	1.21	-0.33	+1.54
Sortino ratio Return per unit of downside risk	1.74	-0.33	+2.07
Omega ratio Gain probability vs. loss probability	1.26	0.96	+0.29
Calmar ratio Return relative to maximum drawdown	1.49	-0.29	+1.78
Martin ratio Return relative to average drawdown	6.77	-0.50	+7.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TLHIX vs. GOVZ - Sharpe Ratio Comparison

The current TLHIX Sharpe Ratio is 1.21, which is higher than the GOVZ Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of TLHIX and GOVZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TLHIX	GOVZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	-0.33	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	-0.46	+1.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	-0.59	+1.31

Correlation

The correlation between TLHIX and GOVZ is 0.21, 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.

Dividends

TLHIX vs. GOVZ - Dividend Comparison

TLHIX's dividend yield for the trailing twelve months is around 4.32%, less than GOVZ's 5.04% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TLHIX TIAA-CREF Lifecycle Index 2030 Fund	4.32%	4.20%	3.62%	2.44%	2.82%	3.21%	2.06%	2.25%	2.68%	0.14%	2.49%	0.25%
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF	5.04%	5.00%	4.68%	3.84%	3.69%	1.76%	0.39%	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.

Drawdown Indicators

	TLHIX	GOVZ	Difference
Max Drawdown Largest peak-to-trough decline	-23.86%	-59.65%	+35.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.32%	-16.08%	+8.76%
Max Drawdown (5Y) Largest decline over 5 years	-22.15%	-57.63%	+35.48%
Max Drawdown (10Y) Largest decline over 10 years	-23.86%	—	—
Current Drawdown Current decline from peak	-6.15%	-56.09%	+49.94%
Average Drawdown Average peak-to-trough decline	-3.52%	-39.38%	+35.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	9.40%	-7.78%

Volatility

TLHIX vs. GOVZ - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) is 3.31%, while iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) has a volatility of 5.79%. 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.

Volatility by Period

	TLHIX	GOVZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	5.79%	-2.48%
Volatility (6M) Calculated over the trailing 6-month period	5.69%	10.94%	-5.25%
Volatility (1Y) Calculated over the trailing 1-year period	9.94%	19.33%	-9.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	23.95%	-13.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.07%	23.61%	-12.54%