TTRIX vs. FDEEX
Compare and contrast key facts about TIAA-CREF Lifecycle 2055 Fund (TTRIX) and Fidelity Freedom 2055 Fund (FDEEX).
TTRIX is managed by TIAA Investments. It was launched on Apr 28, 2011. FDEEX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TTRIX or FDEEX.
Key characteristics
| TTRIX | FDEEX | |
|---|---|---|
| YTD Return | 13.66% | 14.04% |
| 1Y Return | 21.72% | 22.82% |
| 3Y Return (Ann) | 4.74% | 4.28% |
| 5Y Return (Ann) | 10.56% | 10.66% |
| 10Y Return (Ann) | 8.94% | 8.94% |
| Sharpe Ratio | 1.73 | 1.91 |
| Daily Std Dev | 12.48% | 11.85% |
| Max Drawdown | -32.75% | -31.00% |
| Current Drawdown | -0.78% | -0.62% |
Correlation
The correlation between TTRIX and FDEEX is 0.97, 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.
Performance
TTRIX vs. FDEEX - Performance Comparison
The year-to-date returns for both investments are quite close, with TTRIX having a 13.66% return and FDEEX slightly higher at 14.04%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: TTRIX at 8.94% and FDEEX at 8.94%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TTRIX vs. FDEEX - Expense Ratio Comparison
TTRIX has a 0.22% expense ratio, which is lower than FDEEX's 0.75% expense ratio.
Risk-Adjusted Performance
TTRIX vs. FDEEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle 2055 Fund (TTRIX) and Fidelity Freedom 2055 Fund (FDEEX). 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.
Dividends
TTRIX vs. FDEEX - Dividend Comparison
TTRIX's dividend yield for the trailing twelve months is around 1.65%, more than FDEEX's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TTRIX TIAA-CREF Lifecycle 2055 Fund | 1.65% | 1.88% | 8.28% | 10.18% | 5.68% | 5.23% | 4.77% | 3.53% | 3.41% | 4.93% | 4.60% | 4.04% |
FDEEX Fidelity Freedom 2055 Fund | 1.30% | 1.91% | 10.33% | 11.20% | 4.20% | 6.23% | 6.68% | 3.59% | 3.52% | 5.08% | 6.52% | 5.45% |
Drawdowns
TTRIX vs. FDEEX - Drawdown Comparison
The maximum TTRIX drawdown since its inception was -32.75%, which is greater than FDEEX's maximum drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for TTRIX and FDEEX. For additional features, visit the drawdowns tool.
Volatility
TTRIX vs. FDEEX - Volatility Comparison
TIAA-CREF Lifecycle 2055 Fund (TTRIX) and Fidelity Freedom 2055 Fund (FDEEX) have volatilities of 3.75% and 3.94%, 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.