TVIIX vs. SWPPX
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2060 Fund (TVIIX) and Schwab S&P 500 Index Fund (SWPPX).
TVIIX is managed by TIAA Investments. It was launched on Sep 25, 2014. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TVIIX or SWPPX.
Correlation
The correlation between TVIIX and SWPPX 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
TVIIX vs. SWPPX - Performance Comparison
Key characteristics
TVIIX:
1.77
SWPPX:
2.11
TVIIX:
2.40
SWPPX:
2.81
TVIIX:
1.32
SWPPX:
1.39
TVIIX:
2.66
SWPPX:
3.21
TVIIX:
10.25
SWPPX:
13.35
TVIIX:
1.94%
SWPPX:
2.03%
TVIIX:
11.22%
SWPPX:
12.88%
TVIIX:
-32.04%
SWPPX:
-55.06%
TVIIX:
-0.20%
SWPPX:
-0.28%
Returns By Period
The year-to-date returns for both investments are quite close, with TVIIX having a 3.69% return and SWPPX slightly higher at 3.81%. Over the past 10 years, TVIIX has underperformed SWPPX with an annualized return of 9.89%, while SWPPX has yielded a comparatively higher 13.58% annualized return.
TVIIX
3.69%
1.84%
8.03%
18.95%
10.48%
9.89%
SWPPX
3.81%
1.14%
12.49%
26.42%
15.29%
13.58%
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TVIIX vs. SWPPX - Expense Ratio Comparison
TVIIX has a 0.10% expense ratio, which is higher than SWPPX's 0.02% 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%.
Risk-Adjusted Performance
TVIIX vs. SWPPX — Risk-Adjusted Performance Rank
TVIIX
SWPPX
TVIIX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2060 Fund (TVIIX) and Schwab S&P 500 Index Fund (SWPPX). 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
TVIIX vs. SWPPX - Dividend Comparison
TVIIX's dividend yield for the trailing twelve months is around 2.07%, more than SWPPX's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TVIIX TIAA-CREF Lifecycle Index 2060 Fund | 2.07% | 2.15% | 2.04% | 1.94% | 1.89% | 1.57% | 2.63% | 2.39% | 1.91% | 2.12% | 2.22% | 2.13% |
SWPPX Schwab S&P 500 Index Fund | 1.18% | 1.23% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% |
Drawdowns
TVIIX vs. SWPPX - Drawdown Comparison
The maximum TVIIX drawdown since its inception was -32.04%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for TVIIX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
TVIIX vs. SWPPX - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2060 Fund (TVIIX) is 3.27%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.01%. This indicates that TVIIX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.