TLXNX vs. SPY
Compare and contrast key facts about TIAA-CREF Lifecycle 2060 Fund (TLXNX) and SPDR S&P 500 ETF (SPY).
TLXNX is managed by TIAA Investments. It was launched on Sep 25, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLXNX or SPY.
Correlation
The correlation between TLXNX and SPY is 0.96, 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
TLXNX vs. SPY - Performance Comparison
Key characteristics
TLXNX:
1.20
SPY:
1.81
TLXNX:
1.67
SPY:
2.43
TLXNX:
1.22
SPY:
1.33
TLXNX:
1.47
SPY:
2.74
TLXNX:
5.99
SPY:
11.36
TLXNX:
2.33%
SPY:
2.03%
TLXNX:
11.69%
SPY:
12.74%
TLXNX:
-32.99%
SPY:
-55.19%
TLXNX:
-1.51%
SPY:
-0.73%
Returns By Period
In the year-to-date period, TLXNX achieves a 4.12% return, which is significantly higher than SPY's 3.28% return. Over the past 10 years, TLXNX has underperformed SPY with an annualized return of 6.68%, while SPY has yielded a comparatively higher 13.17% annualized return.
TLXNX
4.12%
4.89%
6.52%
13.26%
6.70%
6.68%
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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TLXNX vs. SPY - Expense Ratio Comparison
TLXNX has a 0.22% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
TLXNX vs. SPY — Risk-Adjusted Performance Rank
TLXNX
SPY
TLXNX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2060 Fund (TLXNX) and SPDR S&P 500 ETF (SPY). 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
TLXNX vs. SPY - Dividend Comparison
TLXNX's dividend yield for the trailing twelve months is around 1.77%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLXNX TIAA-CREF Lifecycle 2060 Fund | 1.77% | 1.84% | 1.69% | 1.65% | 3.68% | 2.32% | 2.25% | 2.65% | 2.50% | 1.39% | 2.03% | 2.63% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TLXNX vs. SPY - Drawdown Comparison
The maximum TLXNX drawdown since its inception was -32.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TLXNX and SPY. For additional features, visit the drawdowns tool.
Volatility
TLXNX vs. SPY - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle 2060 Fund (TLXNX) is 3.18%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.41%. This indicates that TLXNX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.