TWUIX vs. TILIX

Last updated Jul 25, 2026

TWUIX (American Century Ultra Fund I Class) and TILIX (Nuveen Large Cap Growth Index Fund R6 Class) are both Large Cap Growth Equities funds. TWUIX is actively managed, while TILIX is passively managed. Over the past 10 years, TWUIX returned 17.10%/yr vs 17.35%/yr for TILIX. With a 0.98 correlation, they move nearly in lockstep. TWUIX charges 0.67%/yr vs 0.05%/yr for TILIX.

Performance

TWUIX vs. TILIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Ultra Fund I Class (TWUIX) and Nuveen Large Cap Growth Index Fund R6 Class (TILIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TWUIX achieves a 0.54% return, which is significantly lower than TILIX's 0.74% return. Both investments have delivered pretty close results over the past 10 years, with TWUIX having a 17.10% annualized return and TILIX not far ahead at 17.35%.

TWUIX

• 1D: -2.19%
• 1M: -1.08%
• 6M: 0.81%
• YTD: 0.54%
• 1Y: 8.96%
• 3Y*: 16.60%
• 5Y*: 8.30%
• 10Y*: 17.10%
• ALL TIME*: 9.87%

TILIX

• 1D: -1.87%
• 1M: -0.62%
• 6M: 1.80%
• YTD: 0.74%
• 1Y: 9.09%
• 3Y*: 19.99%
• 5Y*: 11.63%
• 10Y*: 17.35%
• ALL TIME*: 11.80%

*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)
TILIX Nuveen Large Cap Growth Index Fund R6 Class	$0.00	$0.00	$0.00
TWUIX American Century Ultra Fund I Class	$0.00	$0.00	$0.00

TWUIX vs. TILIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TWUIX American Century Ultra Fund I Class	0.54%	12.88%	29.80%	43.63%	-32.25%	23.70%	50.09%	34.90%	0.90%	31.63%
TILIX Nuveen Large Cap Growth Index Fund R6 Class	0.74%	18.41%	33.31%	42.64%	-29.22%	27.63%	38.43%	36.30%	-1.66%	28.49%

Correlation

The correlation between TWUIX and TILIX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Sep 30, 2002	0.98

The correlation between TWUIX and TILIX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

TWUIX vs. TILIX — Risk / Return Rank

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

TWUIX

TWUIX Risk / Return Rank: 13
TWUIX Sharpe Ratio Rank: 13
TWUIX Sortino Ratio Rank: 13
TWUIX Omega Ratio Rank: 13
TWUIX Calmar Ratio Rank: 12
TWUIX Martin Ratio Rank: 13

TILIX

TILIX Risk / Return Rank: 11
TILIX Sharpe Ratio Rank: 12
TILIX Sortino Ratio Rank: 12
TILIX Omega Ratio Rank: 12
TILIX Calmar Ratio Rank: 10
TILIX Martin Ratio Rank: 11

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.

TWUIX vs. TILIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Ultra Fund I Class (TWUIX) and Nuveen Large Cap Growth Index Fund R6 Class (TILIX). 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.

	TWUIX	TILIX	Difference
Sharpe ratio: Return per unit of total volatility	0.50	0.56	-0.05
Sortino ratio: Return per unit of downside risk	0.80	0.87	-0.07
Omega ratio: Gain probability vs. loss probability	1.10	1.11	-0.01
Calmar ratio: Return relative to maximum drawdown	0.57	0.59	-0.01
Martin ratio: Return relative to average drawdown	1.82	1.81	+0.01

TWUIX vs. TILIX - Sharpe Ratio Comparison

The current TWUIX Sharpe Ratio is 0.50, which is comparable to the TILIX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of TWUIX and TILIX, 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

TWUIX vs. TILIX - Drawdown Comparison

The maximum TWUIX drawdown since its inception was -61.41%, which is greater than TILIX's maximum drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for TWUIX and TILIX.

Drawdown Indicators

	TWUIX	TILIX	Difference
Max Drawdown Largest peak-to-trough decline	-61.41%	-50.54%	-10.87%
Max Drawdown (1Y) Largest decline over 1 year	-15.64%	-16.24%	+0.60%
Max Drawdown (3Y) Largest decline over 3 years	-24.82%	-23.33%	-1.49%
Max Drawdown (5Y) Largest decline over 5 years	-35.12%	-32.68%	-2.44%
Max Drawdown (10Y) Largest decline over 10 years	-35.12%	-32.68%	-2.44%
Current Drawdown Current decline from peak	-8.76%	-7.57%	-1.19%
Average Drawdown Average peak-to-trough decline	-18.08%	-7.72%	-10.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.93%	5.23%	-0.30%

Volatility

TWUIX vs. TILIX - Volatility Comparison

The current volatility for American Century Ultra Fund I Class (TWUIX) is 5.49%, while Nuveen Large Cap Growth Index Fund R6 Class (TILIX) has a volatility of 6.19%. This indicates that TWUIX experiences smaller price fluctuations and is considered to be less risky than TILIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TWUIX	TILIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.49%	6.19%	-0.70%
Volatility (6M) Calculated over the trailing 6-month period	14.04%	13.54%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	17.11%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.78%	21.72%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.15%	21.18%	+0.97%

TWUIX vs. TILIX - Expense Ratio Comparison

TWUIX has a 0.67% expense ratio, which is higher than TILIX's 0.05% expense ratio.

Dividends

TWUIX vs. TILIX - Dividend Comparison

TWUIX's dividend yield for the trailing twelve months is around 10.70%, more than TILIX's 4.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TILIX Nuveen Large Cap Growth Index Fund R6 Class	4.38%	4.41%	3.25%	1.90%	11.00%	8.76%	1.91%	2.38%	4.01%	0.68%	1.33%	1.32%
TWUIX American Century Ultra Fund I Class	10.70%	10.76%	3.36%	5.73%	7.03%	6.46%	2.68%	4.10%	7.94%	5.66%	4.44%	5.06%

Frequently Asked Questions

Can I hold both TWUIX and TILIX in my portfolio?

With a correlation of 0.98, TWUIX and TILIX 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, TWUIX or TILIX?

TILIX has higher volatility (6.19%) compared to TWUIX (5.49%). In terms of maximum drawdown, TWUIX dropped -61.41% vs TILIX's -50.54%.

Which has better risk-adjusted returns?

TILIX currently has the higher Sharpe Ratio (0.56 vs 0.50), 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.