TRLIX vs. TRPWX
TRLIX (TIAA-CREF Large Cap Value Fund) and TRPWX (TIAA-CREF Mid-Cap Growth Fund) are both mutual funds - TRLIX is a Large Cap Value Equities fund managed by TIAA, while TRPWX is a Mid Cap Growth Equities fund managed by TIAA. Over the past 10 years, TRLIX returned 11.50%/yr vs 7.49%/yr for TRPWX. Their correlation of 0.82 means they have usually moved in the same direction. TRLIX charges 0.41%/yr vs 0.46%/yr for TRPWX.
Performance
TRLIX vs. TRPWX - Performance Comparison
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Returns By Period
In the year-to-date period, TRLIX achieves a 17.41% return, which is significantly higher than TRPWX's -0.49% return. Over the past 10 years, TRLIX has outperformed TRPWX with an annualized return of 11.50%, while TRPWX has yielded a comparatively lower 7.49% annualized return.
TRLIX
- 1D
- 1.16%
- 1M
- 1.49%
- 6M
- 12.27%
- YTD
- 17.41%
- 1Y
- 30.27%
- 3Y*
- 17.97%
- 5Y*
- 12.42%
- 10Y*
- 11.50%
- ALL TIME*
- 10.12%
TRPWX
- 1D
- 2.64%
- 1M
- -1.99%
- 6M
- 0.95%
- YTD
- -0.49%
- 1Y
- -2.11%
- 3Y*
- 3.87%
- 5Y*
- -3.17%
- 10Y*
- 7.49%
- ALL TIME*
- 9.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TRLIX vs. TRPWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRLIX TIAA-CREF Large Cap Value Fund | 17.41% | 17.44% | 14.79% | 14.35% | -7.03% | 27.10% | 3.59% | 28.83% | -14.29% | 10.89% |
TRPWX TIAA-CREF Mid-Cap Growth Fund | -0.49% | 4.26% | 8.50% | 21.45% | -33.08% | 2.88% | 45.32% | 33.47% | -8.63% | 25.57% |
Correlation
The correlation between TRLIX and TRPWX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2002 | 0.82 |
Over the past year, the correlation between TRLIX and TRPWX has dropped to 0.60 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.
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Return for Risk
TRLIX vs. TRPWX — Risk / Return Rank
TRLIX
TRPWX
TRLIX vs. TRPWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Large Cap Value Fund (TRLIX) and TIAA-CREF Mid-Cap Growth Fund (TRPWX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRLIX | TRPWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.62 | ||
| Sortino ratioReturn per unit of downside risk | +3.56 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 0.98 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | -0.29 | +4.01 |
| Martin ratioReturn relative to average drawdown | 15.36 | -0.73 | +16.10 |
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Drawdowns
TRLIX vs. TRPWX - Drawdown Comparison
The maximum TRLIX drawdown since its inception was -61.94%, which is greater than TRPWX's maximum drawdown of -58.68%. Use the drawdown chart below to compare losses from any high point for TRLIX and TRPWX.
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Drawdown Indicators
| TRLIX | TRPWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.94% | -58.68% | -3.26% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -15.51% | +8.16% |
Max Drawdown (3Y)Largest decline over 3 years | -14.69% | -26.39% | +11.70% |
Max Drawdown (5Y)Largest decline over 5 years | -20.13% | -44.12% | +23.99% |
Max Drawdown (10Y)Largest decline over 10 years | -38.54% | -44.12% | +5.58% |
Current DrawdownCurrent decline from peak | -0.36% | -17.42% | +17.06% |
Average DrawdownAverage peak-to-trough decline | -8.78% | -11.44% | +2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 6.14% | -4.33% |
Volatility
TRLIX vs. TRPWX - Volatility Comparison
The current volatility for TIAA-CREF Large Cap Value Fund (TRLIX) is 3.10%, while TIAA-CREF Mid-Cap Growth Fund (TRPWX) has a volatility of 5.42%. This indicates that TRLIX experiences smaller price fluctuations and is considered to be less risky than TRPWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRLIX | TRPWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 5.42% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 8.76% | 14.68% | -5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.49% | 18.50% | -7.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 23.57% | -8.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.95% | 23.32% | -5.37% |
TRLIX vs. TRPWX - Expense Ratio Comparison
TRLIX has a 0.41% expense ratio, which is lower than TRPWX's 0.46% expense ratio.
Dividends
TRLIX vs. TRPWX - Dividend Comparison
TRLIX's dividend yield for the trailing twelve months is around 7.51%, less than TRPWX's 11.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRLIX TIAA-CREF Large Cap Value Fund | 7.51% | 8.82% | 4.01% | 8.58% | 6.13% | 9.19% | 1.89% | 2.08% | 12.82% | 5.19% | 4.29% | 1.11% |
TRPWX TIAA-CREF Mid-Cap Growth Fund | 11.03% | 10.97% | 0.00% | 0.18% | 0.60% | 15.18% | 11.52% | 11.22% | 17.00% | 9.47% | 0.51% | 8.63% |
Frequently Asked Questions
TRLIX and TRPWX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRPWX has higher volatility (5.42%) compared to TRLIX (3.10%). In terms of maximum drawdown, TRLIX dropped -61.94% vs TRPWX's -58.68%.
TRLIX currently has the higher Sharpe Ratio (2.38 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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