TLLIX vs. FRAMX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
TLLIX is managed by TIAA Investments. It was launched on Sep 29, 2009. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
TLLIX vs. FRAMX - Performance Comparison
Loading graphics...
TLLIX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TLLIX TIAA-CREF Lifecycle Index 2050 Fund | -1.74% | 20.75% | 15.17% | 20.53% | -17.52% | 17.12% | 17.20% | 26.04% | -7.05% | 19.20% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, TLLIX achieves a -1.74% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, TLLIX has outperformed FRAMX with an annualized return of 10.94%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
TLLIX
- 1D
- 2.64%
- 1M
- -5.38%
- YTD
- -1.74%
- 6M
- 0.66%
- 1Y
- 18.77%
- 3Y*
- 15.52%
- 5Y*
- 8.50%
- 10Y*
- 10.94%
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TLLIX vs. FRAMX - Expense Ratio Comparison
TLLIX has a 0.10% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
TLLIX vs. FRAMX — Risk / Return Rank
TLLIX
FRAMX
TLLIX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| TLLIX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 1.64 | -0.38 |
Sortino ratioReturn per unit of downside risk | 1.84 | 2.30 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.63 | 2.22 | -0.60 |
Martin ratioReturn relative to average drawdown | 7.51 | 8.81 | -1.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TLLIX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.64 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.42 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.84 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.50 | +0.19 |
Correlation
The correlation between TLLIX and FRAMX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TLLIX vs. FRAMX - Dividend Comparison
TLLIX's dividend yield for the trailing twelve months is around 3.18%, more than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLLIX TIAA-CREF Lifecycle Index 2050 Fund | 3.18% | 3.12% | 2.26% | 2.17% | 2.35% | 2.29% | 1.71% | 2.25% | 2.67% | 0.15% | 2.57% | 0.27% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
TLLIX vs. FRAMX - Drawdown Comparison
The maximum TLLIX drawdown since its inception was -31.41%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for TLLIX and FRAMX.
Loading graphics...
Drawdown Indicators
| TLLIX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.41% | -33.94% | +2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.75% | -3.45% | -7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -16.31% | -9.07% |
Max Drawdown (10Y)Largest decline over 10 years | -31.41% | -16.31% | -15.10% |
Current DrawdownCurrent decline from peak | -6.38% | -2.47% | -3.91% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -3.86% | -0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 0.87% | +1.46% |
Volatility
TLLIX vs. FRAMX - Volatility Comparison
TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) has a higher volatility of 5.56% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that TLLIX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TLLIX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 2.14% | +3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.89% | 2.95% | +5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.32% | 4.64% | +10.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.42% | 5.22% | +9.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.48% | 4.48% | +11.00% |