TSITX vs. FASIX

Last updated Apr 1, 2026

Compare and contrast key facts about TIAA-CREF Lifestyle Income Fund (TSITX) and Fidelity Asset Manager 20% Fund (FASIX).

TSITX is managed by TIAA Investments. It was launched on Dec 8, 2011. FASIX is managed by BlackRock. It was launched on Oct 1, 1992.

Performance

TSITX vs. FASIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifestyle Income Fund (TSITX) and Fidelity Asset Manager 20% Fund (FASIX). The values are adjusted to include any dividend payments, if applicable.

TSITX vs. FASIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSITX TIAA-CREF Lifestyle Income Fund	-2.12%	9.19%	6.23%	9.24%	-10.72%	3.04%	8.79%	10.93%	-2.04%	6.36%
FASIX Fidelity Asset Manager 20% Fund	-0.58%	9.58%	5.34%	8.00%	-10.20%	4.04%	8.62%	10.64%	-1.63%	6.60%

Returns By Period

In the year-to-date period, TSITX achieves a -2.12% return, which is significantly lower than FASIX's -0.58% return. Both investments have delivered pretty close results over the past 10 years, with TSITX having a 3.96% annualized return and FASIX not far ahead at 4.12%.

TSITX

• 1D: 0.18%
• 1M: -3.90%
• YTD: -2.12%
• 6M: -0.60%
• 1Y: 5.55%
• 3Y*: 6.31%
• 5Y*: 2.69%
• 10Y*: 3.96%

FASIX

• 1D: 0.14%
• 1M: -3.15%
• YTD: -0.58%
• 6M: 1.05%
• 1Y: 7.82%
• 3Y*: 6.33%
• 5Y*: 3.07%
• 10Y*: 4.12%

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

TSITX vs. FASIX - Expense Ratio Comparison

TSITX has a 0.10% expense ratio, which is lower than FASIX's 0.51% expense ratio.

FASIX

Fidelity Asset Manager 20% Fund

TSITX

TIAA-CREF Lifestyle Income Fund

Return for Risk

TSITX vs. FASIX — Risk / Return Rank

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

TSITX

TSITX Risk / Return Rank: 70
TSITX Sharpe Ratio Rank: 76
TSITX Sortino Ratio Rank: 73
TSITX Omega Ratio Rank: 73
TSITX Calmar Ratio Rank: 57
TSITX Martin Ratio Rank: 72

FASIX

FASIX Risk / Return Rank: 87
FASIX Sharpe Ratio Rank: 87
FASIX Sortino Ratio Rank: 88
FASIX Omega Ratio Rank: 85
FASIX Calmar Ratio Rank: 88
FASIX Martin Ratio Rank: 87

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.

TSITX vs. FASIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifestyle Income Fund (TSITX) and Fidelity Asset Manager 20% Fund (FASIX). 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.

	TSITX	FASIX	Difference
Sharpe ratio Return per unit of total volatility	1.35	1.73	-0.37
Sortino ratio Return per unit of downside risk	1.83	2.43	-0.60
Omega ratio Gain probability vs. loss probability	1.28	1.35	-0.07
Calmar ratio Return relative to maximum drawdown	1.35	2.31	-0.96
Martin ratio Return relative to average drawdown	6.86	9.30	-2.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSITX vs. FASIX - Sharpe Ratio Comparison

The current TSITX Sharpe Ratio is 1.35, which is comparable to the FASIX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of TSITX and FASIX, 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

	TSITX	FASIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	1.73	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.62	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	0.90	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	1.09	-0.09

Correlation

The correlation between TSITX and FASIX is 0.93, 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

TSITX vs. FASIX - Dividend Comparison

TSITX's dividend yield for the trailing twelve months is around 2.88%, less than FASIX's 3.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TSITX TIAA-CREF Lifestyle Income Fund	2.88%	3.66%	3.83%	3.29%	3.82%	4.97%	3.75%	3.56%	3.68%	1.93%	3.02%	2.24%
FASIX Fidelity Asset Manager 20% Fund	3.21%	3.21%	3.34%	3.17%	4.55%	1.63%	2.16%	3.02%	4.11%	3.23%	1.85%	3.95%

Drawdowns

TSITX vs. FASIX - Drawdown Comparison

The maximum TSITX drawdown since its inception was -14.75%, smaller than the maximum FASIX drawdown of -19.61%. Use the drawdown chart below to compare losses from any high point for TSITX and FASIX.

Drawdown Indicators

	TSITX	FASIX	Difference
Max Drawdown Largest peak-to-trough decline	-14.75%	-19.61%	+4.86%
Max Drawdown (1Y) Largest decline over 1 year	-4.08%	-3.35%	-0.73%
Max Drawdown (5Y) Largest decline over 5 years	-14.75%	-13.86%	-0.89%
Max Drawdown (10Y) Largest decline over 10 years	-14.75%	-13.86%	-0.89%
Current Drawdown Current decline from peak	-3.90%	-3.21%	-0.69%
Average Drawdown Average peak-to-trough decline	-1.87%	-1.79%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	0.83%	-0.03%

Volatility

TSITX vs. FASIX - Volatility Comparison

TIAA-CREF Lifestyle Income Fund (TSITX) and Fidelity Asset Manager 20% Fund (FASIX) have volatilities of 1.97% and 1.94%, 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.

Volatility by Period

	TSITX	FASIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.97%	1.94%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	2.79%	2.96%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	4.21%	4.61%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.66%	4.99%	-0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.40%	4.60%	-0.20%