TLXIX vs. TLZIX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and TIAA-CREF Lifecycle Index 2040 Fund (TLZIX).
TLXIX is managed by TIAA Investments. It was launched on Sep 29, 2009. TLZIX is managed by TIAA Investments. It was launched on Sep 29, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLXIX or TLZIX.
Key characteristics
| TLXIX | TLZIX | |
|---|---|---|
| YTD Return | 13.36% | 12.72% |
| 1Y Return | 20.56% | 19.75% |
| 3Y Return (Ann) | 4.99% | 4.58% |
| 5Y Return (Ann) | 10.47% | 9.72% |
| 10Y Return (Ann) | 9.04% | 8.57% |
| Sharpe Ratio | 1.80 | 1.83 |
| Daily Std Dev | 11.94% | 11.27% |
| Max Drawdown | -31.08% | -28.82% |
| Current Drawdown | -0.54% | -0.33% |
Correlation
The correlation between TLXIX and TLZIX is 1.00, 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
TLXIX vs. TLZIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TLXIX having a 13.36% return and TLZIX slightly lower at 12.72%. Over the past 10 years, TLXIX has outperformed TLZIX with an annualized return of 9.04%, while TLZIX has yielded a comparatively lower 8.57% 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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TLXIX vs. TLZIX - Expense Ratio Comparison
Both TLXIX and TLZIX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
TLXIX vs. TLZIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and TIAA-CREF Lifecycle Index 2040 Fund (TLZIX). 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
TLXIX vs. TLZIX - Dividend Comparison
TLXIX's dividend yield for the trailing twelve months is around 1.83%, less than TLZIX's 1.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLXIX TIAA-CREF Lifecycle Index 2045 Fund | 1.83% | 2.07% | 2.49% | 2.51% | 1.77% | 2.25% | 2.69% | 2.09% | 2.59% | 2.47% | 2.31% | 2.30% |
TLZIX TIAA-CREF Lifecycle Index 2040 Fund | 1.87% | 2.11% | 2.62% | 2.93% | 1.95% | 2.26% | 2.68% | 2.10% | 2.64% | 2.50% | 2.33% | 2.52% |
Drawdowns
TLXIX vs. TLZIX - Drawdown Comparison
The maximum TLXIX drawdown since its inception was -31.08%, which is greater than TLZIX's maximum drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for TLXIX and TLZIX. For additional features, visit the drawdowns tool.
Volatility
TLXIX vs. TLZIX - Volatility Comparison
TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) has a higher volatility of 3.80% compared to TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) at 3.46%. This indicates that TLXIX's price experiences larger fluctuations and is considered to be riskier than TLZIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.