TLLVX vs. HDCTX
TLLVX (TIAA-CREF Life Funds Large-Cap Value Fund) and HDCTX (Rational Equity Armor Fund) are both Large Cap Value Equities funds. Over the past 5 years, TLLVX returned 12.83%/yr vs 7.13%/yr for HDCTX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. TLLVX charges 0.52%/yr vs 1.17%/yr for HDCTX.
Performance
TLLVX vs. HDCTX - Performance Comparison
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Returns By Period
In the year-to-date period, TLLVX achieves a 20.51% return, which is significantly higher than HDCTX's 11.73% return.
TLLVX
- 1D
- 0.76%
- 1M
- 4.03%
- 6M
- 13.83%
- YTD
- 20.51%
- 1Y
- 32.64%
- 3Y*
- 19.64%
- 5Y*
- 12.83%
- 10Y*
- —
- ALL TIME*
- 14.14%
HDCTX
- 1D
- 2.91%
- 1M
- 3.18%
- 6M
- 11.01%
- YTD
- 11.73%
- 1Y
- 18.08%
- 3Y*
- 15.44%
- 5Y*
- 7.13%
- 10Y*
- 5.45%
- ALL TIME*
- 5.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TLLVX vs. HDCTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TLLVX TIAA-CREF Life Funds Large-Cap Value Fund | 20.51% | 17.31% | 14.75% | 14.29% | -7.21% | 26.84% | 3.99% | 14.67% |
HDCTX Rational Equity Armor Fund | 11.73% | 12.64% | 16.85% | 2.95% | -10.68% | 14.52% | 15.85% | 5.22% |
Correlation
The correlation between TLLVX and HDCTX is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (All Time) Calculated using the full available price history since May 13, 2019 | 0.74 |
The correlation between TLLVX and HDCTX shifts across timeframes, from 0.54 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TLLVX vs. HDCTX — Risk / Return Rank
TLLVX
HDCTX
TLLVX vs. HDCTX - 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 Rational Equity Armor Fund (HDCTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TLLVX | HDCTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.06 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.33 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.41 | 2.61 | +1.79 |
| Martin ratioReturn relative to average drawdown | 18.38 | 5.94 | +12.44 |
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Drawdowns
TLLVX vs. HDCTX - Drawdown Comparison
The maximum TLLVX drawdown since its inception was -38.31%, smaller than the maximum HDCTX drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for TLLVX and HDCTX.
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Drawdown Indicators
| TLLVX | HDCTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.31% | -59.05% | +20.74% |
Max Drawdown (1Y)Largest decline over 1 year | -7.38% | -6.95% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -11.74% | -3.01% |
Max Drawdown (5Y)Largest decline over 5 years | -20.32% | -18.22% | -2.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.82% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.41% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -6.39% | +1.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 3.05% | -1.28% |
Volatility
TLLVX vs. HDCTX - Volatility Comparison
The current volatility for TIAA-CREF Life Funds Large-Cap Value Fund (TLLVX) is 3.19%, while Rational Equity Armor Fund (HDCTX) has a volatility of 3.90%. This indicates that TLLVX experiences smaller price fluctuations and is considered to be less risky than HDCTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLLVX | HDCTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 3.90% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 8.83% | 7.96% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.38% | 10.09% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.61% | 10.72% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.37% | 11.60% | +7.77% |
TLLVX vs. HDCTX - Expense Ratio Comparison
TLLVX has a 0.52% expense ratio, which is lower than HDCTX's 1.17% expense ratio.
Dividends
TLLVX vs. HDCTX - Dividend Comparison
TLLVX's dividend yield for the trailing twelve months is around 7.00%, more than HDCTX's 0.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDCTX Rational Equity Armor Fund | 0.18% | 0.00% | 0.00% | 0.17% | 0.78% | 1.21% | 1.10% | 5.37% | 7.86% | 5.60% | 3.28% | 15.32% |
TLLVX TIAA-CREF Life Funds Large-Cap Value Fund | 7.00% | 8.44% | 8.50% | 2.97% | 5.76% | 1.29% | 1.80% | 6.41% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TLLVX and HDCTX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDCTX has higher volatility (3.90%) compared to TLLVX (3.19%). In terms of maximum drawdown, TLLVX dropped -38.31% vs HDCTX's -59.05%.
TLLVX currently has the higher Sharpe Ratio (2.87 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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