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TLXIX vs. JRLVX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TLXIX vs. JRLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). The values are adjusted to include any dividend payments, if applicable.

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TLXIX vs. JRLVX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
JRLVX
John Hancock Funds Multi-Index 2045 Lifetime Portfolio
-3.42%19.25%14.50%18.00%-18.06%18.45%16.23%25.03%-8.29%17.40%

Returns By Period

In the year-to-date period, TLXIX achieves a -4.07% return, which is significantly lower than JRLVX's -3.42% return. Over the past 10 years, TLXIX has outperformed JRLVX with an annualized return of 10.45%, while JRLVX has yielded a comparatively lower 9.91% 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%

JRLVX

1D
-0.25%
1M
-8.07%
YTD
-3.42%
6M
-0.73%
1Y
16.15%
3Y*
13.74%
5Y*
7.47%
10Y*
9.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TLXIX vs. JRLVX - Expense Ratio Comparison

TLXIX has a 0.10% expense ratio, which is higher than JRLVX's 0.01% 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. JRLVX — Risk / Return Rank

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

TLXIX
TLXIX Risk / Return Rank: 6161
Overall Rank
TLXIX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
TLXIX Sortino Ratio Rank: 6464
Sortino Ratio Rank
TLXIX Omega Ratio Rank: 6363
Omega Ratio Rank
TLXIX Calmar Ratio Rank: 5454
Calmar Ratio Rank
TLXIX Martin Ratio Rank: 6464
Martin Ratio Rank

JRLVX
JRLVX Risk / Return Rank: 5959
Overall Rank
JRLVX Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
JRLVX Sortino Ratio Rank: 5858
Sortino Ratio Rank
JRLVX Omega Ratio Rank: 5959
Omega Ratio Rank
JRLVX Calmar Ratio Rank: 5353
Calmar Ratio Rank
JRLVX Martin Ratio Rank: 6666
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.

TLXIX vs. JRLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). 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.


TLXIXJRLVXDifference

Sharpe ratio

Return per unit of total volatility

1.09

1.07

+0.02

Sortino ratio

Return per unit of downside risk

1.60

1.57

+0.03

Omega ratio

Gain probability vs. loss probability

1.24

1.23

0.00

Calmar ratio

Return relative to maximum drawdown

1.29

1.30

-0.01

Martin ratio

Return relative to average drawdown

6.09

6.28

-0.19

TLXIX vs. JRLVX - Sharpe Ratio Comparison

The current TLXIX Sharpe Ratio is 1.09, which is comparable to the JRLVX Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of TLXIX and JRLVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TLXIXJRLVXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

1.07

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.51

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.62

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.57

+0.12

Correlation

The correlation between TLXIX and JRLVX is 0.99, 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. JRLVX - Dividend Comparison

TLXIX's dividend yield for the trailing twelve months is around 3.37%, less than JRLVX's 3.68% yield.


TTM20252024202320222021202020192018201720162015
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%
JRLVX
John Hancock Funds Multi-Index 2045 Lifetime Portfolio
3.68%3.55%1.89%2.24%8.03%6.00%4.26%8.99%10.96%4.29%3.40%1.90%

Drawdowns

TLXIX vs. JRLVX - Drawdown Comparison

The maximum TLXIX drawdown since its inception was -31.08%, roughly equal to the maximum JRLVX drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for TLXIX and JRLVX.


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Drawdown Indicators


TLXIXJRLVXDifference

Max Drawdown

Largest peak-to-trough decline

-31.08%

-32.53%

+1.45%

Max Drawdown (1Y)

Largest decline over 1 year

-10.34%

-11.23%

+0.89%

Max Drawdown (5Y)

Largest decline over 5 years

-24.97%

-25.64%

+0.67%

Max Drawdown (10Y)

Largest decline over 10 years

-31.08%

-32.53%

+1.45%

Current Drawdown

Current decline from peak

-8.45%

-8.50%

+0.05%

Average Drawdown

Average peak-to-trough decline

-4.06%

-4.61%

+0.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.29%

2.33%

-0.04%

Volatility

TLXIX vs. JRLVX - Volatility Comparison

TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) have volatilities of 4.51% and 4.70%, 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


TLXIXJRLVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.51%

4.70%

-0.19%

Volatility (6M)

Calculated over the trailing 6-month period

8.16%

8.47%

-0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

14.49%

15.32%

-0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.86%

14.69%

-0.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.09%

15.94%

-0.85%