TLXNX vs. VINIX
Compare and contrast key facts about TIAA-CREF Lifecycle 2060 Fund (TLXNX) and Vanguard Institutional Index Fund Institutional Shares (VINIX).
TLXNX is managed by TIAA Investments. It was launched on Sep 25, 2014. VINIX is managed by Vanguard. It was launched on Jul 31, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLXNX or VINIX.
Key characteristics
| TLXNX | VINIX | |
|---|---|---|
| YTD Return | 13.42% | 18.96% |
| 1Y Return | 21.73% | 28.24% |
| 3Y Return (Ann) | 4.73% | 9.91% |
| 5Y Return (Ann) | 10.70% | 15.29% |
| Sharpe Ratio | 1.71 | 2.20 |
| Daily Std Dev | 12.61% | 12.70% |
| Max Drawdown | -32.99% | -55.19% |
| Current Drawdown | -1.16% | -0.62% |
Correlation
The correlation between TLXNX and VINIX 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. VINIX - Performance Comparison
In the year-to-date period, TLXNX achieves a 13.42% return, which is significantly lower than VINIX's 18.96% 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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TLXNX vs. VINIX - Expense Ratio Comparison
TLXNX has a 0.22% expense ratio, which is higher than VINIX's 0.04% 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. VINIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2060 Fund (TLXNX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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. VINIX - Dividend Comparison
TLXNX's dividend yield for the trailing twelve months is around 1.49%, less than VINIX's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLXNX TIAA-CREF Lifecycle 2060 Fund | 1.49% | 1.69% | 7.19% | 7.94% | 4.59% | 5.03% | 4.71% | 2.96% | 3.40% | 6.23% | 2.63% | 0.00% |
VINIX Vanguard Institutional Index Fund Institutional Shares | 2.55% | 2.97% | 3.38% | 4.77% | 3.06% | 2.85% | 2.43% | 1.82% | 2.36% | 2.45% | 1.88% | 1.85% |
Drawdowns
TLXNX vs. VINIX - Drawdown Comparison
The maximum TLXNX drawdown since its inception was -32.99%, smaller than the maximum VINIX drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TLXNX and VINIX. For additional features, visit the drawdowns tool.
Volatility
TLXNX vs. VINIX - Volatility Comparison
TIAA-CREF Lifecycle 2060 Fund (TLXNX) and Vanguard Institutional Index Fund Institutional Shares (VINIX) have volatilities of 3.83% and 3.99%, 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.