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

Key characteristics


TLZIXTLXIX
YTD Return16.12%17.43%
1Y Return27.64%29.38%
3Y Return (Ann)4.61%5.10%
5Y Return (Ann)9.79%10.63%
10Y Return (Ann)8.87%9.40%
Sharpe Ratio2.472.48
Sortino Ratio3.413.37
Omega Ratio1.491.49
Calmar Ratio2.542.72
Martin Ratio17.3217.40
Ulcer Index1.54%1.64%
Daily Std Dev10.82%11.52%
Max Drawdown-28.82%-31.08%
Current Drawdown-0.13%-0.15%

Correlation

-0.50.00.51.01.0

The correlation between TLZIX and TLXIX is 1.00, 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

TLZIX vs. TLXIX - Performance Comparison

In the year-to-date period, TLZIX achieves a 16.12% return, which is significantly lower than TLXIX's 17.43% return. Over the past 10 years, TLZIX has underperformed TLXIX with an annualized return of 8.87%, while TLXIX has yielded a comparatively higher 9.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.45%
9.96%
TLZIX
TLXIX

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TLZIX vs. TLXIX - Expense Ratio Comparison

Both TLZIX and TLXIX have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically 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 TLXIX: 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%

Risk-Adjusted Performance

TLZIX vs. TLXIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and TIAA-CREF Lifecycle Index 2045 Fund (TLXIX). 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.


TLZIX
Sharpe ratio
The chart of Sharpe ratio for TLZIX, currently valued at 2.47, compared to the broader market0.002.004.002.47
Sortino ratio
The chart of Sortino ratio for TLZIX, currently valued at 3.41, compared to the broader market0.005.0010.003.41
Omega ratio
The chart of Omega ratio for TLZIX, currently valued at 1.49, compared to the broader market1.002.003.004.001.49
Calmar ratio
The chart of Calmar ratio for TLZIX, currently valued at 2.54, compared to the broader market0.005.0010.0015.0020.0025.002.54
Martin ratio
The chart of Martin ratio for TLZIX, currently valued at 17.32, compared to the broader market0.0020.0040.0060.0080.00100.0017.32
TLXIX
Sharpe ratio
The chart of Sharpe ratio for TLXIX, currently valued at 2.48, compared to the broader market0.002.004.002.48
Sortino ratio
The chart of Sortino ratio for TLXIX, currently valued at 3.37, compared to the broader market0.005.0010.003.37
Omega ratio
The chart of Omega ratio for TLXIX, currently valued at 1.49, compared to the broader market1.002.003.004.001.49
Calmar ratio
The chart of Calmar ratio for TLXIX, currently valued at 2.72, compared to the broader market0.005.0010.0015.0020.0025.002.72
Martin ratio
The chart of Martin ratio for TLXIX, currently valued at 17.40, compared to the broader market0.0020.0040.0060.0080.00100.0017.40

TLZIX vs. TLXIX - Sharpe Ratio Comparison

The current TLZIX Sharpe Ratio is 2.47, which is comparable to the TLXIX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of TLZIX and TLXIX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.47
2.48
TLZIX
TLXIX

Dividends

TLZIX vs. TLXIX - Dividend Comparison

TLZIX's dividend yield for the trailing twelve months is around 1.82%, more than TLXIX's 1.76% yield.


TTM20232022202120202019201820172016201520142013
TLZIX
TIAA-CREF Lifecycle Index 2040 Fund
1.82%2.11%2.06%1.88%1.64%2.14%2.40%1.92%2.09%2.19%2.21%1.92%
TLXIX
TIAA-CREF Lifecycle Index 2045 Fund
1.76%2.07%2.00%1.89%1.60%2.15%2.41%1.93%2.10%2.19%2.21%1.90%

Drawdowns

TLZIX vs. TLXIX - Drawdown Comparison

The maximum TLZIX drawdown since its inception was -28.82%, smaller than the maximum TLXIX drawdown of -31.08%. Use the drawdown chart below to compare losses from any high point for TLZIX and TLXIX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.13%
-0.15%
TLZIX
TLXIX

Volatility

TLZIX vs. TLXIX - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) is 2.69%, while TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) has a volatility of 2.91%. This indicates that TLZIX experiences smaller price fluctuations and is considered to be less risky than TLXIX 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%
2.91%
TLZIX
TLXIX