TLLIX vs. SPY
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) and SPDR S&P 500 ETF (SPY).
TLLIX is managed by TIAA Investments. It was launched on Sep 29, 2009. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLLIX or SPY.
Correlation
The correlation between TLLIX and SPY is 0.97, 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.
Performance
TLLIX vs. SPY - Performance Comparison
Key characteristics
TLLIX:
0.65
SPY:
0.50
TLLIX:
0.99
SPY:
0.88
TLLIX:
1.14
SPY:
1.13
TLLIX:
0.66
SPY:
0.56
TLLIX:
2.82
SPY:
2.17
TLLIX:
3.49%
SPY:
4.85%
TLLIX:
14.41%
SPY:
20.02%
TLLIX:
-31.41%
SPY:
-55.19%
TLLIX:
-3.47%
SPY:
-7.65%
Returns By Period
In the year-to-date period, TLLIX achieves a 1.65% return, which is significantly higher than SPY's -3.42% return. Over the past 10 years, TLLIX has underperformed SPY with an annualized return of 8.75%, while SPY has yielded a comparatively higher 12.35% annualized return.
TLLIX
1.65%
13.43%
-0.89%
9.36%
12.09%
8.75%
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
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TLLIX vs. SPY - Expense Ratio Comparison
TLLIX has a 0.10% expense ratio, which is higher than SPY's 0.09% expense ratio. However, 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
TLLIX vs. SPY — Risk-Adjusted Performance Rank
TLLIX
SPY
TLLIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) and SPDR S&P 500 ETF (SPY). 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
TLLIX vs. SPY - Dividend Comparison
TLLIX's dividend yield for the trailing twelve months is around 2.22%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLLIX TIAA-CREF Lifecycle Index 2050 Fund | 2.22% | 2.26% | 2.17% | 2.35% | 2.29% | 1.71% | 2.25% | 2.67% | 2.08% | 2.57% | 2.46% | 2.33% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TLLIX vs. SPY - Drawdown Comparison
The maximum TLLIX drawdown since its inception was -31.41%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TLLIX and SPY. For additional features, visit the drawdowns tool.
Volatility
TLLIX vs. SPY - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2050 Fund (TLLIX) is 5.83%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.48%. This indicates that TLLIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.