URFFX vs. FAELX

Last updated Aug 4, 2026

URFFX (USAA Target Retirement 2050 Fund) and FAELX (Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund) are both Target Retirement Date funds. Over the past year, URFFX returned 24.29% vs 15.08% for FAELX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. URFFX charges 0.58%/yr vs 0.50%/yr for FAELX.

Performance

URFFX vs. FAELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Target Retirement 2050 Fund (URFFX) and Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund (FAELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URFFX achieves a 13.05% return, which is significantly higher than FAELX's 7.64% return.

URFFX

• 1D: 0.00%
• 1M: 0.64%
• 6M: 9.07%
• YTD: 13.05%
• 1Y: 24.29%
• 3Y*: 16.47%
• 5Y*: 9.38%
• 10Y*: 10.19%
• ALL TIME*: 8.09%

FAELX

• 1D: 0.34%
• 1M: -0.81%
• 6M: 4.57%
• YTD: 7.64%
• 1Y: 15.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.01%

*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)
FAELX Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund	$0.00	$0.00	$0.00
URFFX USAA Target Retirement 2050 Fund	$0.00	$0.00	$0.00

URFFX vs. FAELX - Yearly Performance Comparison

	2026 (YTD)	2025
URFFX USAA Target Retirement 2050 Fund	13.05%	19.44%
FAELX Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund	7.64%	17.33%

Correlation

The correlation between URFFX and FAELX is 0.81, 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.	0.81
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.76

The correlation between URFFX and FAELX has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

Return for Risk

URFFX vs. FAELX — Risk / Return Rank

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

URFFX

URFFX Risk / Return Rank: 82
URFFX Sharpe Ratio Rank: 81
URFFX Sortino Ratio Rank: 79
URFFX Omega Ratio Rank: 78
URFFX Calmar Ratio Rank: 84
URFFX Martin Ratio Rank: 90

FAELX

FAELX Risk / Return Rank: 60
FAELX Sharpe Ratio Rank: 57
FAELX Sortino Ratio Rank: 59
FAELX Omega Ratio Rank: 54
FAELX Calmar Ratio Rank: 62
FAELX Martin Ratio Rank: 69

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.

URFFX vs. FAELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Target Retirement 2050 Fund (URFFX) and Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund (FAELX). 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.

	URFFX	FAELX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.57	+0.42
Sortino ratio: Return per unit of downside risk	2.79	2.29	+0.49
Omega ratio: Gain probability vs. loss probability	1.36	1.28	+0.08
Calmar ratio: Return relative to maximum drawdown	2.98	2.26	+0.72
Martin ratio: Return relative to average drawdown	12.76	9.24	+3.51

URFFX vs. FAELX - Sharpe Ratio Comparison

The current URFFX Sharpe Ratio is 1.99, which is comparable to the FAELX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of URFFX and FAELX, 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

URFFX vs. FAELX - Drawdown Comparison

The maximum URFFX drawdown since its inception was -44.25%, which is greater than FAELX's maximum drawdown of -11.54%. Use the drawdown chart below to compare losses from any high point for URFFX and FAELX.

Drawdown Indicators

	URFFX	FAELX	Difference
Max Drawdown Largest peak-to-trough decline	-44.25%	-11.54%	-32.71%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-7.76%	-0.13%
Max Drawdown (3Y) Largest decline over 3 years	-14.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.76%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.97%	—	—
Current Drawdown Current decline from peak	-0.17%	-1.88%	+1.71%
Average Drawdown Average peak-to-trough decline	-5.88%	-1.45%	-4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	1.78%	+0.06%

Volatility

URFFX vs. FAELX - Volatility Comparison

The current volatility for USAA Target Retirement 2050 Fund (URFFX) is 2.87%, while Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund (FAELX) has a volatility of 3.25%. This indicates that URFFX experiences smaller price fluctuations and is considered to be less risky than FAELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URFFX	FAELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	3.25%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	9.82%	9.34%	+0.48%
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	11.20%	+0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	13.08%	+0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.33%	13.08%	+1.25%

URFFX vs. FAELX - Expense Ratio Comparison

URFFX has a 0.58% expense ratio, which is higher than FAELX's 0.50% expense ratio.

Dividends

URFFX vs. FAELX - Dividend Comparison

URFFX's dividend yield for the trailing twelve months is around 5.72%, while FAELX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FAELX Connecticut Higher Education Trust 529 College Savings Plan - CT 529 Moderate Growth Portfolio Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URFFX USAA Target Retirement 2050 Fund	5.72%	6.46%	2.61%	3.39%	11.40%	8.13%	6.25%	11.76%	10.21%	5.55%	3.91%	2.57%

Frequently Asked Questions

Can I hold both URFFX and FAELX in my portfolio?

URFFX and FAELX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URFFX or FAELX?

FAELX has higher volatility (3.25%) compared to URFFX (2.87%). In terms of maximum drawdown, URFFX dropped -44.25% vs FAELX's -11.54%.

Which has better risk-adjusted returns?

URFFX currently has the higher Sharpe Ratio (1.99 vs 1.57), 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.