TLLVX vs. ACIIX

Last updated Apr 1, 2026

Compare and contrast key facts about TIAA-CREF Life Funds Large-Cap Value Fund (TLLVX) and American Century Equity Income Fund Class I (ACIIX).

TLLVX is managed by TIAA Investments. It was launched on Oct 27, 2002. ACIIX is managed by American Century. It was launched on Jul 8, 1998.

Performance

TLLVX vs. ACIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Life Funds Large-Cap Value Fund (TLLVX) and American Century Equity Income Fund Class I (ACIIX). The values are adjusted to include any dividend payments, if applicable.

TLLVX vs. ACIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TLLVX TIAA-CREF Life Funds Large-Cap Value Fund	-0.72%	17.31%	14.75%	14.29%	-7.21%	26.84%	3.99%	14.67%
ACIIX American Century Equity Income Fund Class I	2.73%	12.05%	10.58%	4.25%	-2.96%	17.16%	1.19%	12.40%

Returns By Period

In the year-to-date period, TLLVX achieves a -0.72% return, which is significantly lower than ACIIX's 2.73% return.

TLLVX

• 1D: -0.19%
• 1M: -6.80%
• YTD: -0.72%
• 6M: 3.27%
• 1Y: 13.55%
• 3Y*: 14.93%
• 5Y*: 9.98%
• 10Y*: —

ACIIX

• 1D: 0.00%
• 1M: -5.73%
• YTD: 2.73%
• 6M: 4.62%
• 1Y: 9.92%
• 3Y*: 9.70%
• 5Y*: 7.47%
• 10Y*: 8.89%

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

TLLVX vs. ACIIX - Expense Ratio Comparison

TLLVX has a 0.52% expense ratio, which is lower than ACIIX's 0.72% expense ratio.

ACIIX

American Century Equity Income Fund Class I

TLLVX

TIAA-CREF Life Funds Large-Cap Value Fund

Return for Risk

TLLVX vs. ACIIX — Risk / Return Rank

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

TLLVX

TLLVX Risk / Return Rank: 49
TLLVX Sharpe Ratio Rank: 55
TLLVX Sortino Ratio Rank: 47
TLLVX Omega Ratio Rank: 53
TLLVX Calmar Ratio Rank: 43
TLLVX Martin Ratio Rank: 48

ACIIX

ACIIX Risk / Return Rank: 45
ACIIX Sharpe Ratio Rank: 48
ACIIX Sortino Ratio Rank: 47
ACIIX Omega Ratio Rank: 44
ACIIX Calmar Ratio Rank: 44
ACIIX Martin Ratio Rank: 43

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.

TLLVX vs. ACIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Life Funds Large-Cap Value Fund (TLLVX) and American Century Equity Income Fund Class I (ACIIX). 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.

	TLLVX	ACIIX	Difference
Sharpe ratio Return per unit of total volatility	1.04	0.93	+0.11
Sortino ratio Return per unit of downside risk	1.40	1.35	+0.06
Omega ratio Gain probability vs. loss probability	1.22	1.19	+0.03
Calmar ratio Return relative to maximum drawdown	1.13	1.11	+0.02
Martin ratio Return relative to average drawdown	4.85	4.37	+0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TLLVX vs. ACIIX - Sharpe Ratio Comparison

The current TLLVX Sharpe Ratio is 1.04, which is comparable to the ACIIX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of TLLVX and ACIIX, 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

	TLLVX	ACIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	0.93	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.70	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.53	+0.07

Correlation

The correlation between TLLVX and ACIIX is 0.91, 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

TLLVX vs. ACIIX - Dividend Comparison

TLLVX's dividend yield for the trailing twelve months is around 8.50%, less than ACIIX's 10.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TLLVX TIAA-CREF Life Funds Large-Cap Value Fund	8.50%	8.44%	8.50%	2.97%	5.76%	1.29%	1.80%	6.41%	0.00%	0.00%	0.00%	0.00%
ACIIX American Century Equity Income Fund Class I	10.28%	10.55%	11.71%	8.21%	8.96%	7.02%	2.18%	7.57%	9.05%	12.14%	8.08%	10.72%

Drawdowns

TLLVX vs. ACIIX - Drawdown Comparison

The maximum TLLVX drawdown since its inception was -38.31%, roughly equal to the maximum ACIIX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for TLLVX and ACIIX.

Drawdown Indicators

	TLLVX	ACIIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.31%	-39.16%	+0.85%
Max Drawdown (1Y) Largest decline over 1 year	-11.57%	-8.96%	-2.61%
Max Drawdown (5Y) Largest decline over 5 years	-20.32%	-13.49%	-6.83%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.76%	—
Current Drawdown Current decline from peak	-7.38%	-5.73%	-1.65%
Average Drawdown Average peak-to-trough decline	-4.80%	-5.26%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	2.30%	+0.39%

Volatility

TLLVX vs. ACIIX - Volatility Comparison

TIAA-CREF Life Funds Large-Cap Value Fund (TLLVX) has a higher volatility of 3.65% compared to American Century Equity Income Fund Class I (ACIIX) at 2.76%. This indicates that TLLVX's price experiences larger fluctuations and is considered to be riskier than ACIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TLLVX	ACIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	2.76%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	8.01%	6.05%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	14.22%	11.61%	+2.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.63%	10.74%	+3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	13.37%	+6.28%