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TLSTX vs. TIEIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TLSTX vs. TIEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Life Funds Stock Index Fund (TLSTX) and Nuveen Equity Index Fund Class I (TIEIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with TLSTX having a 10.56% return and TIEIX slightly higher at 10.58%.


TLSTX

1D
-0.22%
1M
-1.00%
6M
10.56%
YTD
10.56%
1Y
21.88%
3Y*
20.17%
5Y*
11.94%
10Y*

TIEIX

1D
-0.23%
1M
-1.01%
6M
10.58%
YTD
10.58%
1Y
21.85%
3Y*
20.19%
5Y*
11.97%
10Y*
14.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TLSTX vs. TIEIX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
TLSTX
TIAA-CREF Life Funds Stock Index Fund
10.56%17.08%23.66%25.90%-19.24%25.61%20.74%15.48%
TIEIX
Nuveen Equity Index Fund Class I
10.58%17.04%23.71%25.92%-19.18%25.64%20.82%12.64%

Correlation

The correlation between TLSTX and TIEIX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

1.00

Correlation (3Y)
Calculated over the trailing 3-year period

0.98

Correlation (5Y)
Calculated over the trailing 5-year period

0.99

Correlation (All Time)
Calculated using the full available price history since May 13, 2019

0.99

The correlation between TLSTX and TIEIX has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.

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Return for Risk

TLSTX vs. TIEIX — Risk / Return Rank

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

TLSTX
TLSTX Risk / Return Rank: 6363
Overall Rank
TLSTX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
TLSTX Sortino Ratio Rank: 5656
Sortino Ratio Rank
TLSTX Omega Ratio Rank: 5757
Omega Ratio Rank
TLSTX Calmar Ratio Rank: 6666
Calmar Ratio Rank
TLSTX Martin Ratio Rank: 7676
Martin Ratio Rank

TIEIX
TIEIX Risk / Return Rank: 6060
Overall Rank
TIEIX Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
TIEIX Sortino Ratio Rank: 5252
Sortino Ratio Rank
TIEIX Omega Ratio Rank: 5353
Omega Ratio Rank
TIEIX Calmar Ratio Rank: 6464
Calmar Ratio Rank
TIEIX Martin Ratio Rank: 7474
Martin Ratio Rank
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.

TLSTX vs. TIEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Life Funds Stock Index Fund (TLSTX) and Nuveen Equity Index Fund Class I (TIEIX). 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.


TLSTXTIEIXDifference
Sharpe ratioReturn per unit of total volatility

0.00

Sortino ratioReturn per unit of downside risk

+0.01

Omega ratioGain probability vs. loss probability

1.32

1.32

0.00

Calmar ratioReturn relative to maximum drawdown

2.56

2.57

-0.01

Martin ratioReturn relative to average drawdown

11.25

11.25

0.00

TLSTX vs. TIEIX - Sharpe Ratio Comparison

The current TLSTX Sharpe Ratio is 1.77, which is comparable to the TIEIX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of TLSTX and TIEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

TLSTX vs. TIEIX - Drawdown Comparison

The maximum TLSTX drawdown since its inception was -34.91%, smaller than the maximum TIEIX drawdown of -55.55%. Use the drawdown chart below to compare losses from any high point for TLSTX and TIEIX.


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Drawdown Indicators


TLSTXTIEIXDifference

Max Drawdown

Largest peak-to-trough decline

-34.91%

-55.55%

+20.64%

Max Drawdown (1Y)

Largest decline over 1 year

-8.86%

-8.84%

-0.02%

Max Drawdown (3Y)

Largest decline over 3 years

-19.30%

-19.29%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-25.12%

-25.06%

-0.06%

Max Drawdown (10Y)

Largest decline over 10 years

-34.90%

Current Drawdown

Current decline from peak

-1.00%

-1.01%

+0.01%

Average Drawdown

Average peak-to-trough decline

-5.46%

-10.27%

+4.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.01%

2.01%

0.00%

Volatility

TLSTX vs. TIEIX - Volatility Comparison

TIAA-CREF Life Funds Stock Index Fund (TLSTX) and Nuveen Equity Index Fund Class I (TIEIX) have volatilities of 4.98% and 5.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TLSTXTIEIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.98%

5.00%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

10.07%

10.09%

-0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

12.76%

12.82%

-0.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.05%

17.42%

-0.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.04%

18.38%

+1.66%

TLSTX vs. TIEIX - Expense Ratio Comparison

Both TLSTX and TIEIX have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

TLSTX vs. TIEIX - Dividend Comparison

TLSTX's dividend yield for the trailing twelve months is around 4.96%, more than TIEIX's 2.16% yield.


PositionTTM20252024202320222021202020192018201720162015
TIEIX
Nuveen Equity Index Fund Class I
2.16%2.39%1.63%1.47%1.83%2.08%1.43%1.99%2.45%0.52%2.45%1.27%
TLSTX
TIAA-CREF Life Funds Stock Index Fund
4.96%5.48%2.73%2.22%3.82%1.38%1.84%2.24%0.00%0.00%0.00%0.00%

Frequently Asked Questions


With a correlation of 1.00, TLSTX and TIEIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

TIEIX has higher volatility (5.00%) compared to TLSTX (4.98%). In terms of maximum drawdown, TLSTX dropped -34.91% vs TIEIX's -55.55%.

TLSTX currently has the higher Sharpe Ratio (1.77 vs 1.77), 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.

Portfolio Optimizer

Find the right allocation for TLSTX and TIEIX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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