TLXIX vs. ^GSPC
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and S&P 500 (^GSPC).
TLXIX 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 ^GSPC.
Key characteristics
| TLXIX | ^GSPC | |
|---|---|---|
| YTD Return | 16.59% | 25.45% |
| 1Y Return | 27.17% | 35.64% |
| 3Y Return (Ann) | 4.89% | 8.55% |
| 5Y Return (Ann) | 10.52% | 14.13% |
| 10Y Return (Ann) | 9.33% | 11.39% |
| Sharpe Ratio | 2.36 | 2.90 |
| Sortino Ratio | 3.22 | 3.87 |
| Omega Ratio | 1.47 | 1.54 |
| Calmar Ratio | 2.83 | 4.19 |
| Martin Ratio | 16.56 | 18.72 |
| Ulcer Index | 1.64% | 1.90% |
| Daily Std Dev | 11.49% | 12.27% |
| Max Drawdown | -31.08% | -56.78% |
| Current Drawdown | -0.86% | -0.29% |
Correlation
The correlation between TLXIX and ^GSPC 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.
Performance
TLXIX vs. ^GSPC - Performance Comparison
In the year-to-date period, TLXIX achieves a 16.59% return, which is significantly lower than ^GSPC's 25.45% return. Over the past 10 years, TLXIX has underperformed ^GSPC with an annualized return of 9.33%, while ^GSPC has yielded a comparatively higher 11.39% 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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Risk-Adjusted Performance
TLXIX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) and S&P 500 (^GSPC). 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.
Drawdowns
TLXIX vs. ^GSPC - Drawdown Comparison
The maximum TLXIX drawdown since its inception was -31.08%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for TLXIX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
TLXIX vs. ^GSPC - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) is 2.95%, while S&P 500 (^GSPC) has a volatility of 3.86%. This indicates that TLXIX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.