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TLZIX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TLZIX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.21%
11.92%
TLZIX
FXAIX

Returns By Period

In the year-to-date period, TLZIX achieves a 14.50% return, which is significantly lower than FXAIX's 25.56% return. Over the past 10 years, TLZIX has underperformed FXAIX with an annualized return of 8.62%, while FXAIX has yielded a comparatively higher 13.05% annualized return.


TLZIX

YTD

14.50%

1M

-1.01%

6M

6.21%

1Y

20.73%

5Y (annualized)

9.48%

10Y (annualized)

8.62%

FXAIX

YTD

25.56%

1M

1.00%

6M

11.92%

1Y

31.93%

5Y (annualized)

15.65%

10Y (annualized)

13.05%

Key characteristics


TLZIXFXAIX
Sharpe Ratio2.012.69
Sortino Ratio2.793.58
Omega Ratio1.391.50
Calmar Ratio3.083.90
Martin Ratio13.7417.55
Ulcer Index1.56%1.88%
Daily Std Dev10.66%12.25%
Max Drawdown-28.82%-33.79%
Current Drawdown-1.53%-1.35%

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TLZIX vs. FXAIX - Expense Ratio Comparison

TLZIX has a 0.10% expense ratio, which is higher than FXAIX's 0.02% 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%.


TLZIX
TIAA-CREF Lifecycle Index 2040 Fund
Expense ratio chart for TLZIX: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Correlation

-0.50.00.51.01.0

The correlation between TLZIX and FXAIX 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.

Risk-Adjusted Performance

TLZIX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and Fidelity 500 Index Fund (FXAIX). 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.


Sharpe ratio
The chart of Sharpe ratio for TLZIX, currently valued at 2.01, compared to the broader market-1.000.001.002.003.004.005.002.012.69
The chart of Sortino ratio for TLZIX, currently valued at 2.79, compared to the broader market0.005.0010.002.793.58
The chart of Omega ratio for TLZIX, currently valued at 1.39, compared to the broader market1.002.003.004.001.391.50
The chart of Calmar ratio for TLZIX, currently valued at 3.08, compared to the broader market0.005.0010.0015.0020.0025.003.083.90
The chart of Martin ratio for TLZIX, currently valued at 13.74, compared to the broader market0.0020.0040.0060.0080.00100.0013.7417.55
TLZIX
FXAIX

The current TLZIX Sharpe Ratio is 2.01, which is comparable to the FXAIX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of TLZIX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.01
2.69
TLZIX
FXAIX

Dividends

TLZIX vs. FXAIX - Dividend Comparison

TLZIX's dividend yield for the trailing twelve months is around 1.84%, more than FXAIX's 1.23% yield.


TTM20232022202120202019201820172016201520142013
TLZIX
TIAA-CREF Lifecycle Index 2040 Fund
1.84%2.11%2.06%1.88%1.64%2.14%2.40%1.92%2.09%2.19%2.21%1.92%
FXAIX
Fidelity 500 Index Fund
1.23%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

TLZIX vs. FXAIX - Drawdown Comparison

The maximum TLZIX drawdown since its inception was -28.82%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TLZIX and FXAIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.53%
-1.35%
TLZIX
FXAIX

Volatility

TLZIX vs. FXAIX - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) is 2.69%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.06%. This indicates that TLZIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.69%
4.06%
TLZIX
FXAIX