TLTIX vs. TQQQ
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2010 Fund (TLTIX) and ProShares UltraPro QQQ (TQQQ).
TLTIX is managed by TIAA Investments. It was launched on Sep 29, 2009. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLTIX or TQQQ.
Key characteristics
| TLTIX | TQQQ | |
|---|---|---|
| YTD Return | 8.31% | 30.39% |
| 1Y Return | 14.40% | 68.26% |
| 3Y Return (Ann) | 1.91% | -1.69% |
| 5Y Return (Ann) | 5.37% | 33.77% |
| 10Y Return (Ann) | 5.25% | 33.66% |
| Sharpe Ratio | 1.68 | 1.27 |
| Daily Std Dev | 8.45% | 52.77% |
| Max Drawdown | -18.15% | -81.66% |
| Current Drawdown | -0.34% | -23.70% |
Correlation
The correlation between TLTIX and TQQQ is 0.81, 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
TLTIX vs. TQQQ - Performance Comparison
In the year-to-date period, TLTIX achieves a 8.31% return, which is significantly lower than TQQQ's 30.39% return. Over the past 10 years, TLTIX has underperformed TQQQ with an annualized return of 5.25%, while TQQQ has yielded a comparatively higher 33.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TLTIX vs. TQQQ - Expense Ratio Comparison
TLTIX has a 0.10% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
TLTIX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2010 Fund (TLTIX) and ProShares UltraPro QQQ (TQQQ). 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
TLTIX vs. TQQQ - Dividend Comparison
TLTIX's dividend yield for the trailing twelve months is around 3.18%, more than TQQQ's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLTIX TIAA-CREF Lifecycle Index 2010 Fund | 3.18% | 3.44% | 3.48% | 4.81% | 2.36% | 2.34% | 3.11% | 2.14% | 2.29% | 2.17% | 2.35% | 2.71% |
TQQQ ProShares UltraPro QQQ | 1.10% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
Drawdowns
TLTIX vs. TQQQ - Drawdown Comparison
The maximum TLTIX drawdown since its inception was -18.15%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for TLTIX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
TLTIX vs. TQQQ - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2010 Fund (TLTIX) is 1.56%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 17.81%. This indicates that TLTIX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.