TTIIX vs. TQQQ

Last updated Aug 1, 2026

TTIIX (TIAA-CREF Lifecycle Index 2055 Fund) and TQQQ (ProShares UltraPro QQQ) are both funds - TTIIX is a Target Retirement Date fund managed by TIAA, while TQQQ is a Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 10 years, TTIIX returned 11.75%/yr vs 39.46%/yr for TQQQ. Their correlation of 0.87 means they have usually moved in the same direction. TTIIX charges 0.10%/yr vs 0.95%/yr for TQQQ.

Performance

TTIIX vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF Lifecycle Index 2055 Fund (TTIIX) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTIIX achieves a 10.17% return, which is significantly lower than TQQQ's 23.06% return. Over the past 10 years, TTIIX has underperformed TQQQ with an annualized return of 11.75%, while TQQQ has yielded a comparatively higher 39.46% annualized return.

TTIIX

• 1D: 1.94%
• 1M: -0.51%
• 6M: 7.07%
• YTD: 10.17%
• 1Y: 21.62%
• 3Y*: 16.73%
• 5Y*: 9.78%
• 10Y*: 11.75%
• ALL TIME*: 10.07%

TQQQ

• 1D: 2.09%
• 1M: -11.90%
• 6M: 20.14%
• YTD: 23.06%
• 1Y: 56.87%
• 3Y*: 43.81%
• 5Y*: 15.36%
• 10Y*: 39.46%
• ALL TIME*: 42.33%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TQQQ ProShares UltraPro QQQ	$4.37B	$4.57B	$5.33B
TTIIX TIAA-CREF Lifecycle Index 2055 Fund	$0.00	$0.00	$0.00

TTIIX vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTIIX TIAA-CREF Lifecycle Index 2055 Fund	10.17%	20.96%	15.35%	20.75%	-17.59%	17.38%	17.22%	26.38%	-7.17%	19.39%
TQQQ ProShares UltraPro QQQ	23.06%	34.35%	58.27%	198.04%	-79.09%	82.98%	110.05%	133.84%	-19.79%	118.06%

Correlation

The correlation between TTIIX and TQQQ is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Apr 29, 2011	0.87

The correlation between TTIIX and TQQQ has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.

Return for Risk

TTIIX vs. TQQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TTIIX

TTIIX Risk / Return Rank: 69
TTIIX Sharpe Ratio Rank: 67
TTIIX Sortino Ratio Rank: 64
TTIIX Omega Ratio Rank: 66
TTIIX Calmar Ratio Rank: 69
TTIIX Martin Ratio Rank: 78

TQQQ

TQQQ Risk / Return Rank: 36
TQQQ Sharpe Ratio Rank: 34
TQQQ Sortino Ratio Rank: 37
TQQQ Omega Ratio Rank: 36
TQQQ Calmar Ratio Rank: 37
TQQQ Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TTIIX vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2055 Fund (TTIIX) and ProShares UltraPro QQQ (TQQQ). 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.

	TTIIX	TQQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.56	0.83	+0.73
Sortino ratio: Return per unit of downside risk	2.20	1.38	+0.82
Omega ratio: Gain probability vs. loss probability	1.28	1.17	+0.11
Calmar ratio: Return relative to maximum drawdown	2.23	1.29	+0.94
Martin ratio: Return relative to average drawdown	9.35	3.60	+5.75

TTIIX vs. TQQQ - Sharpe Ratio Comparison

The current TTIIX Sharpe Ratio is 1.56, which is higher than the TQQQ Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of TTIIX and TQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TTIIX vs. TQQQ - Drawdown Comparison

The maximum TTIIX drawdown since its inception was -31.76%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for TTIIX and TQQQ.

Drawdown Indicators

	TTIIX	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-31.76%	-81.66%	+49.90%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-36.97%	+28.05%
Max Drawdown (3Y) Largest decline over 3 years	-15.12%	-58.04%	+42.92%
Max Drawdown (5Y) Largest decline over 5 years	-25.49%	-81.66%	+56.17%
Max Drawdown (10Y) Largest decline over 10 years	-31.76%	-81.66%	+49.90%
Current Drawdown Current decline from peak	-1.84%	-25.74%	+23.90%
Average Drawdown Average peak-to-trough decline	-4.28%	-18.49%	+14.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	13.24%	-11.11%

Volatility

TTIIX vs. TQQQ - Volatility Comparison

The current volatility for TIAA-CREF Lifecycle Index 2055 Fund (TTIIX) is 3.80%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 20.41%. This indicates that TTIIX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTIIX	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	20.41%	-16.61%
Volatility (6M) Calculated over the trailing 6-month period	10.63%	47.79%	-37.16%
Volatility (1Y) Calculated over the trailing 1-year period	12.77%	57.62%	-44.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	68.04%	-53.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.71%	66.57%	-50.86%

TTIIX vs. TQQQ - Expense Ratio Comparison

TTIIX has a 0.10% expense ratio, which is lower than TQQQ's 0.95% expense ratio.

Dividends

TTIIX vs. TQQQ - Dividend Comparison

TTIIX's dividend yield for the trailing twelve months is around 2.51%, more than TQQQ's 0.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TQQQ ProShares UltraPro QQQ	0.58%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%
TTIIX TIAA-CREF Lifecycle Index 2055 Fund	2.51%	2.77%	2.20%	2.15%	2.29%	2.03%	1.67%	2.22%	2.63%	0.11%	2.37%	0.29%

Frequently Asked Questions

Can I hold both TTIIX and TQQQ in my portfolio?

With a correlation of 0.91, TTIIX and TQQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TTIIX or TQQQ?

TQQQ has higher volatility (20.41%) compared to TTIIX (3.80%). In terms of maximum drawdown, TTIIX dropped -31.76% vs TQQQ's -81.66%.

Which has better risk-adjusted returns?

TTIIX currently has the higher Sharpe Ratio (1.56 vs 0.83), 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.