TLZIX vs. TRRDX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and T. Rowe Price Retirement 2040 Fund (TRRDX).
TLZIX is managed by TIAA Investments. It was launched on Sep 29, 2009. TRRDX is managed by T. Rowe Price. It was launched on Sep 29, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLZIX or TRRDX.
Correlation
The correlation between TLZIX and TRRDX 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.
Performance
TLZIX vs. TRRDX - Performance Comparison
Key characteristics
TLZIX:
1.59
TRRDX:
1.44
TLZIX:
2.20
TRRDX:
1.99
TLZIX:
1.29
TRRDX:
1.26
TLZIX:
2.58
TRRDX:
0.71
TLZIX:
8.89
TRRDX:
7.49
TLZIX:
1.77%
TRRDX:
2.01%
TLZIX:
9.90%
TRRDX:
10.44%
TLZIX:
-28.82%
TRRDX:
-56.43%
TLZIX:
-0.49%
TRRDX:
-8.01%
Returns By Period
In the year-to-date period, TLZIX achieves a 3.35% return, which is significantly lower than TRRDX's 3.83% return. Over the past 10 years, TLZIX has outperformed TRRDX with an annualized return of 8.63%, while TRRDX has yielded a comparatively lower 4.23% annualized return.
TLZIX
3.35%
3.35%
7.16%
17.05%
8.89%
8.63%
TRRDX
3.83%
3.83%
6.29%
16.64%
4.61%
4.23%
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TLZIX vs. TRRDX - Expense Ratio Comparison
TLZIX has a 0.10% expense ratio, which is lower than TRRDX's 0.61% expense ratio.
Risk-Adjusted Performance
TLZIX vs. TRRDX — Risk-Adjusted Performance Rank
TLZIX
TRRDX
TLZIX vs. TRRDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and T. Rowe Price Retirement 2040 Fund (TRRDX). 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
TLZIX vs. TRRDX - Dividend Comparison
TLZIX's dividend yield for the trailing twelve months is around 2.23%, more than TRRDX's 1.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLZIX TIAA-CREF Lifecycle Index 2040 Fund | 2.23% | 2.31% | 2.11% | 2.06% | 1.88% | 1.64% | 2.14% | 2.40% | 1.92% | 2.09% | 2.19% | 2.21% |
TRRDX T. Rowe Price Retirement 2040 Fund | 1.49% | 1.54% | 1.50% | 1.53% | 0.74% | 0.82% | 1.66% | 1.69% | 1.32% | 1.38% | 1.42% | 5.27% |
Drawdowns
TLZIX vs. TRRDX - Drawdown Comparison
The maximum TLZIX drawdown since its inception was -28.82%, smaller than the maximum TRRDX drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for TLZIX and TRRDX. For additional features, visit the drawdowns tool.
Volatility
TLZIX vs. TRRDX - Volatility Comparison
TIAA-CREF Lifecycle Index 2040 Fund (TLZIX) and T. Rowe Price Retirement 2040 Fund (TRRDX) have volatilities of 3.00% and 2.97%, 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.