TLYIX vs. FIHFX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2035 Fund (TLYIX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX).
TLYIX is managed by TIAA Investments. It was launched on Sep 29, 2009. FIHFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLYIX or FIHFX.
Key characteristics
| TLYIX | FIHFX | |
|---|---|---|
| YTD Return | 13.38% | 12.83% |
| 1Y Return | 22.92% | 22.91% |
| 3Y Return (Ann) | 3.51% | 2.78% |
| 5Y Return (Ann) | 8.56% | 8.30% |
| 10Y Return (Ann) | 8.04% | 8.04% |
| Sharpe Ratio | 2.35 | 2.60 |
| Sortino Ratio | 3.36 | 3.73 |
| Omega Ratio | 1.48 | 1.49 |
| Calmar Ratio | 2.27 | 1.92 |
| Martin Ratio | 16.32 | 16.84 |
| Ulcer Index | 1.40% | 1.36% |
| Daily Std Dev | 9.76% | 8.83% |
| Max Drawdown | -26.39% | -28.42% |
| Current Drawdown | -0.75% | -0.86% |
Correlation
The correlation between TLYIX and FIHFX 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.
Performance
TLYIX vs. FIHFX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TLYIX having a 13.38% return and FIHFX slightly lower at 12.83%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: TLYIX at 8.04% and FIHFX at 8.04%. 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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TLYIX vs. FIHFX - Expense Ratio Comparison
TLYIX has a 0.10% expense ratio, which is lower than FIHFX's 0.12% expense ratio. Despite the difference, 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
TLYIX vs. FIHFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2035 Fund (TLYIX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX). 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
TLYIX vs. FIHFX - Dividend Comparison
TLYIX's dividend yield for the trailing twelve months is around 1.93%, less than FIHFX's 1.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLYIX TIAA-CREF Lifecycle Index 2035 Fund | 1.93% | 2.19% | 2.11% | 1.88% | 1.68% | 2.15% | 2.41% | 1.91% | 2.07% | 2.16% | 2.17% | 1.87% |
FIHFX Fidelity Freedom Index 2035 Fund Investor Class | 1.97% | 2.10% | 1.93% | 1.47% | 1.40% | 1.82% | 2.15% | 1.72% | 1.90% | 2.03% | 3.37% | 0.16% |
Drawdowns
TLYIX vs. FIHFX - Drawdown Comparison
The maximum TLYIX drawdown since its inception was -26.39%, smaller than the maximum FIHFX drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for TLYIX and FIHFX. For additional features, visit the drawdowns tool.
Volatility
TLYIX vs. FIHFX - Volatility Comparison
TIAA-CREF Lifecycle Index 2035 Fund (TLYIX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) have volatilities of 2.37% and 2.38%, 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.