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TTFIX vs. TCIEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TTFIX vs. TCIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle 2045 Fund (TTFIX) and TIAA-CREF International Equity Index Fund Institutional Class (TCIEX). The values are adjusted to include any dividend payments, if applicable.

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TTFIX vs. TCIEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TTFIX
TIAA-CREF Lifecycle 2045 Fund
-4.93%18.19%13.81%19.47%-17.38%15.83%17.29%25.88%-9.67%20.10%
TCIEX
TIAA-CREF International Equity Index Fund Institutional Class
-1.90%31.55%3.69%18.21%-14.19%11.30%8.13%21.82%-13.27%25.34%

Returns By Period

In the year-to-date period, TTFIX achieves a -4.93% return, which is significantly lower than TCIEX's -1.90% return. Over the past 10 years, TTFIX has outperformed TCIEX with an annualized return of 9.77%, while TCIEX has yielded a comparatively lower 8.58% annualized return.


TTFIX

1D
-0.27%
1M
-8.27%
YTD
-4.93%
6M
-2.23%
1Y
14.07%
3Y*
12.95%
5Y*
6.91%
10Y*
9.77%

TCIEX

1D
0.37%
1M
-10.84%
YTD
-1.90%
6M
2.34%
1Y
19.49%
3Y*
13.36%
5Y*
7.86%
10Y*
8.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TTFIX vs. TCIEX - Expense Ratio Comparison

TTFIX has a 0.23% expense ratio, which is higher than TCIEX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

TTFIX vs. TCIEX — Risk / Return Rank

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

TTFIX
TTFIX Risk / Return Rank: 5353
Overall Rank
TTFIX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
TTFIX Sortino Ratio Rank: 5454
Sortino Ratio Rank
TTFIX Omega Ratio Rank: 5454
Omega Ratio Rank
TTFIX Calmar Ratio Rank: 4747
Calmar Ratio Rank
TTFIX Martin Ratio Rank: 5454
Martin Ratio Rank

TCIEX
TCIEX Risk / Return Rank: 6161
Overall Rank
TCIEX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
TCIEX Sortino Ratio Rank: 6060
Sortino Ratio Rank
TCIEX Omega Ratio Rank: 5757
Omega Ratio Rank
TCIEX Calmar Ratio Rank: 6666
Calmar Ratio Rank
TCIEX Martin Ratio Rank: 6161
Martin Ratio Rank
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.

TTFIX vs. TCIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2045 Fund (TTFIX) and TIAA-CREF International Equity Index Fund Institutional Class (TCIEX). 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.


TTFIXTCIEXDifference

Sharpe ratio

Return per unit of total volatility

0.99

1.09

-0.10

Sortino ratio

Return per unit of downside risk

1.44

1.53

-0.08

Omega ratio

Gain probability vs. loss probability

1.21

1.22

-0.01

Calmar ratio

Return relative to maximum drawdown

1.17

1.48

-0.32

Martin ratio

Return relative to average drawdown

5.19

5.82

-0.63

TTFIX vs. TCIEX - Sharpe Ratio Comparison

The current TTFIX Sharpe Ratio is 0.99, which is comparable to the TCIEX Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of TTFIX and TCIEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TTFIXTCIEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.99

1.09

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.50

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.52

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.38

0.00

Correlation

The correlation between TTFIX and TCIEX is 0.88, 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

TTFIX vs. TCIEX - Dividend Comparison

TTFIX's dividend yield for the trailing twelve months is around 8.23%, more than TCIEX's 3.97% yield.


TTM20252024202320222021202020192018201720162015
TTFIX
TIAA-CREF Lifecycle 2045 Fund
8.23%7.82%3.97%2.13%9.04%12.44%7.49%5.70%5.45%0.84%4.01%3.66%
TCIEX
TIAA-CREF International Equity Index Fund Institutional Class
3.97%3.89%3.17%3.14%2.82%3.02%1.96%3.08%3.42%2.78%2.95%3.06%

Drawdowns

TTFIX vs. TCIEX - Drawdown Comparison

The maximum TTFIX drawdown since its inception was -53.24%, smaller than the maximum TCIEX drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for TTFIX and TCIEX.


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Drawdown Indicators


TTFIXTCIEXDifference

Max Drawdown

Largest peak-to-trough decline

-53.24%

-59.27%

+6.03%

Max Drawdown (1Y)

Largest decline over 1 year

-10.16%

-11.35%

+1.19%

Max Drawdown (5Y)

Largest decline over 5 years

-25.25%

-29.25%

+4.00%

Max Drawdown (10Y)

Largest decline over 10 years

-32.21%

-33.58%

+1.37%

Current Drawdown

Current decline from peak

-8.84%

-10.86%

+2.02%

Average Drawdown

Average peak-to-trough decline

-8.30%

-10.64%

+2.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

3.03%

-0.65%

Volatility

TTFIX vs. TCIEX - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle 2045 Fund (TTFIX) is 4.52%, while TIAA-CREF International Equity Index Fund Institutional Class (TCIEX) has a volatility of 7.10%. This indicates that TTFIX experiences smaller price fluctuations and is considered to be less risky than TCIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TTFIXTCIEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.52%

7.10%

-2.58%

Volatility (6M)

Calculated over the trailing 6-month period

8.33%

10.83%

-2.50%

Volatility (1Y)

Calculated over the trailing 1-year period

14.50%

16.97%

-2.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.01%

15.89%

-1.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.53%

16.56%

-1.03%