TNXIX vs. TNXAX

Last updated Apr 1, 2026

Compare and contrast key facts about 1290 Retirement 2060 Fund (TNXIX) and 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX).

TNXIX is managed by 1290 Funds. It was launched on Feb 26, 2017. TNXAX is managed by 1290 Funds. It was launched on Mar 7, 2016.

Performance

TNXIX vs. TNXAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 1290 Retirement 2060 Fund (TNXIX) and 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX). The values are adjusted to include any dividend payments, if applicable.

TNXIX vs. TNXAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TNXIX 1290 Retirement 2060 Fund	-10.01%	16.99%	30.13%	13.71%	-13.94%	19.21%	6.93%	25.04%	-5.65%	11.87%
TNXAX 1290 Loomis Sayles Multi-Asset Income Fund Class A	-0.91%	10.19%	8.37%	9.11%	-8.74%	10.02%	13.24%	18.22%	-4.28%	4.73%

Returns By Period

In the year-to-date period, TNXIX achieves a -10.01% return, which is significantly lower than TNXAX's -0.91% return.

TNXIX

• 1D: -0.62%
• 1M: -8.51%
• YTD: -10.01%
• 6M: -8.12%
• 1Y: 15.75%
• 3Y*: 14.44%
• 5Y*: 8.73%
• 10Y*: —

TNXAX

• 1D: 0.19%
• 1M: -5.39%
• YTD: -0.91%
• 6M: 1.50%
• 1Y: 8.53%
• 3Y*: 7.97%
• 5Y*: 4.98%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TNXIX vs. TNXAX - Expense Ratio Comparison

TNXIX has a 0.52% expense ratio, which is lower than TNXAX's 1.14% expense ratio.

TNXAX

1290 Loomis Sayles Multi-Asset Income Fund Class A

TNXIX

1290 Retirement 2060 Fund

Return for Risk

TNXIX vs. TNXAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TNXIX

TNXIX Risk / Return Rank: 37
TNXIX Sharpe Ratio Rank: 32
TNXIX Sortino Ratio Rank: 37
TNXIX Omega Ratio Rank: 37
TNXIX Calmar Ratio Rank: 40
TNXIX Martin Ratio Rank: 38

TNXAX

TNXAX Risk / Return Rank: 71
TNXAX Sharpe Ratio Rank: 77
TNXAX Sortino Ratio Rank: 73
TNXAX Omega Ratio Rank: 75
TNXAX Calmar Ratio Rank: 66
TNXAX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TNXIX vs. TNXAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 1290 Retirement 2060 Fund (TNXIX) and 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX). 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.

	TNXIX	TNXAX	Difference
Sharpe ratio Return per unit of total volatility	0.75	1.37	-0.63
Sortino ratio Return per unit of downside risk	1.21	1.80	-0.59
Omega ratio Gain probability vs. loss probability	1.17	1.28	-0.11
Calmar ratio Return relative to maximum drawdown	1.03	1.51	-0.47
Martin ratio Return relative to average drawdown	3.94	6.07	-2.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TNXIX vs. TNXAX - Sharpe Ratio Comparison

The current TNXIX Sharpe Ratio is 0.75, which is lower than the TNXAX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of TNXIX and TNXAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TNXIX	TNXAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.37	-0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.63	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.73	-0.18

Correlation

The correlation between TNXIX and TNXAX is 0.83, 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.

Dividends

TNXIX vs. TNXAX - Dividend Comparison

TNXIX's dividend yield for the trailing twelve months is around 1.88%, less than TNXAX's 7.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TNXIX 1290 Retirement 2060 Fund	1.88%	1.69%	0.45%	0.54%	4.17%	2.04%	2.95%	1.87%	2.42%	0.06%
TNXAX 1290 Loomis Sayles Multi-Asset Income Fund Class A	7.52%	7.45%	9.48%	5.31%	4.42%	9.95%	7.91%	5.34%	4.75%	6.06%

Drawdowns

TNXIX vs. TNXAX - Drawdown Comparison

The maximum TNXIX drawdown since its inception was -32.31%, which is greater than TNXAX's maximum drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for TNXIX and TNXAX.

Drawdown Indicators

	TNXIX	TNXAX	Difference
Max Drawdown Largest peak-to-trough decline	-32.31%	-20.07%	-12.24%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-5.58%	-7.05%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-17.80%	-4.67%
Current Drawdown Current decline from peak	-12.24%	-5.39%	-6.85%
Average Drawdown Average peak-to-trough decline	-4.88%	-2.96%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	1.39%	+1.92%

Volatility

TNXIX vs. TNXAX - Volatility Comparison

1290 Retirement 2060 Fund (TNXIX) has a higher volatility of 5.30% compared to 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) at 2.47%. This indicates that TNXIX's price experiences larger fluctuations and is considered to be riskier than TNXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TNXIX	TNXAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	2.47%	+2.83%
Volatility (6M) Calculated over the trailing 6-month period	11.74%	4.45%	+7.29%
Volatility (1Y) Calculated over the trailing 1-year period	21.73%	6.33%	+15.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.70%	7.89%	+8.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	9.05%	+8.21%