TLXIX vs. FXAIX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and Fidelity 500 Index Fund (FXAIX).
TLXIX 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
TLXIX vs. FXAIX - Performance Comparison
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TLXIX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TLXIX TIAA-CREF Lifecycle Index 2045 Fund | -4.07% | 20.13% | 14.63% | 20.06% | -17.26% | 16.63% | 17.02% | 25.84% | -6.96% | 18.87% |
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, TLXIX achieves a -4.07% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, TLXIX has underperformed FXAIX with an annualized return of 10.45%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
TLXIX
- 1D
- -0.23%
- 1M
- -7.96%
- YTD
- -4.07%
- 6M
- -1.37%
- 1Y
- 15.62%
- 3Y*
- 14.13%
- 5Y*
- 7.95%
- 10Y*
- 10.45%
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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TLXIX vs. FXAIX - Expense Ratio Comparison
TLXIX 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
TLXIX vs. FXAIX — Risk / Return Rank
TLXIX
FXAIX
TLXIX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) 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.
| TLXIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 0.84 | +0.25 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.30 | +0.30 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.20 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.05 | +0.23 |
Martin ratioReturn relative to average drawdown | 6.09 | 5.13 | +0.96 |
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
| TLXIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.84 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.68 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.77 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.75 | -0.06 |
Correlation
The correlation between TLXIX and FXAIX is 0.97, 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
TLXIX vs. FXAIX - Dividend Comparison
TLXIX's dividend yield for the trailing twelve months is around 3.37%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLXIX TIAA-CREF Lifecycle Index 2045 Fund | 3.37% | 3.24% | 2.33% | 2.07% | 2.49% | 2.51% | 1.77% | 2.25% | 2.69% | 0.16% | 2.59% | 2.47% |
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
TLXIX vs. FXAIX - Drawdown Comparison
The maximum TLXIX drawdown since its inception was -31.08%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TLXIX and FXAIX.
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Drawdown Indicators
| TLXIX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.08% | -33.79% | +2.71% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -12.13% | +1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -24.97% | -24.50% | -0.47% |
Max Drawdown (10Y)Largest decline over 10 years | -31.08% | -33.79% | +2.71% |
Current DrawdownCurrent decline from peak | -8.45% | -8.89% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -4.06% | -3.83% | -0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 2.50% | -0.21% |
Volatility
TLXIX vs. FXAIX - Volatility Comparison
TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) has a higher volatility of 4.51% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that TLXIX's price experiences larger fluctuations and is considered to be riskier 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
| TLXIX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 4.24% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 9.08% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.49% | 18.13% | -3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.86% | 16.88% | -3.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 18.03% | -2.94% |