TLWIX vs. FXAIX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2020 Fund (TLWIX) and Fidelity 500 Index Fund (FXAIX).
TLWIX is managed by TIAA Investments. It was launched on Sep 29, 2009. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
TLWIX vs. FXAIX - Performance Comparison
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TLWIX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TLWIX TIAA-CREF Lifecycle Index 2020 Fund | -2.15% | 13.75% | 8.69% | 13.06% | -14.37% | 8.73% | 13.06% | 17.96% | -3.77% | 11.56% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, TLWIX achieves a -2.15% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, TLWIX has underperformed FXAIX with an annualized return of 6.70%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
TLWIX
- 1D
- 0.10%
- 1M
- -4.92%
- YTD
- -2.15%
- 6M
- -0.28%
- 1Y
- 10.02%
- 3Y*
- 9.23%
- 5Y*
- 4.67%
- 10Y*
- 6.70%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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TLWIX vs. FXAIX - Expense Ratio Comparison
TLWIX has a 0.10% expense ratio, which is higher than FXAIX's 0.02% 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%.
Return for Risk
TLWIX vs. FXAIX — Risk / Return Rank
TLWIX
FXAIX
TLWIX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2020 Fund (TLWIX) and Fidelity 500 Index Fund (FXAIX). 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.
| TLWIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.84 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.30 | +0.56 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.20 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.05 | +0.60 |
Martin ratioReturn relative to average drawdown | 7.26 | 5.13 | +2.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TLWIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.84 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.68 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.77 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.75 | 0.00 |
Correlation
The correlation between TLWIX and FXAIX is 0.93, 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
TLWIX vs. FXAIX - Dividend Comparison
TLWIX's dividend yield for the trailing twelve months is around 7.55%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLWIX TIAA-CREF Lifecycle Index 2020 Fund | 7.55% | 7.38% | 6.98% | 3.45% | 3.25% | 5.17% | 2.31% | 2.31% | 2.91% | 0.14% | 2.35% | 0.21% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
TLWIX vs. FXAIX - Drawdown Comparison
The maximum TLWIX drawdown since its inception was -19.93%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TLWIX and FXAIX.
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Drawdown Indicators
| TLWIX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -33.79% | +13.86% |
Max Drawdown (1Y)Largest decline over 1 year | -5.79% | -12.13% | +6.34% |
Max Drawdown (5Y)Largest decline over 5 years | -19.93% | -24.50% | +4.57% |
Max Drawdown (10Y)Largest decline over 10 years | -19.93% | -33.79% | +13.86% |
Current DrawdownCurrent decline from peak | -5.06% | -8.89% | +3.83% |
Average DrawdownAverage peak-to-trough decline | -3.07% | -3.83% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 2.50% | -1.18% |
Volatility
TLWIX vs. FXAIX - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2020 Fund (TLWIX) is 2.75%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that TLWIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLWIX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 4.24% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 4.61% | 9.08% | -4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.90% | 18.13% | -10.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.16% | 16.88% | -7.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.07% | 18.03% | -8.96% |