VTIVX vs. TLXIX
Compare and contrast key facts about Vanguard Target Retirement 2045 Fund (VTIVX) and TIAA-CREF Lifecycle Index 2045 Fund (TLXIX).
VTIVX is managed by Vanguard. It was launched on Oct 27, 2003. TLXIX is managed by TIAA Investments. It was launched on Sep 29, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTIVX or TLXIX.
Correlation
The correlation between VTIVX and TLXIX is 0.96, 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
VTIVX vs. TLXIX - Performance Comparison
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Key characteristics
VTIVX:
0.82
TLXIX:
0.85
VTIVX:
1.24
TLXIX:
1.22
VTIVX:
1.18
TLXIX:
1.17
VTIVX:
0.87
TLXIX:
0.84
VTIVX:
3.86
TLXIX:
3.58
VTIVX:
3.03%
TLXIX:
3.34%
VTIVX:
14.18%
TLXIX:
13.97%
VTIVX:
-51.69%
TLXIX:
-31.08%
VTIVX:
-0.45%
TLXIX:
-0.77%
Returns By Period
The year-to-date returns for both investments are quite close, with VTIVX having a 4.18% return and TLXIX slightly higher at 4.31%. Over the past 10 years, VTIVX has underperformed TLXIX with an annualized return of 8.23%, while TLXIX has yielded a comparatively higher 8.68% annualized return.
VTIVX
4.18%
8.61%
2.57%
11.54%
12.86%
8.23%
TLXIX
4.31%
8.97%
2.44%
11.77%
12.87%
8.68%
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VTIVX vs. TLXIX - Expense Ratio Comparison
VTIVX has a 0.08% expense ratio, which is lower than TLXIX's 0.10% expense ratio. Despite the difference, 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
VTIVX vs. TLXIX — Risk-Adjusted Performance Rank
VTIVX
TLXIX
VTIVX vs. TLXIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2045 Fund (VTIVX) and TIAA-CREF Lifecycle Index 2045 Fund (TLXIX). 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.
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Dividends
VTIVX vs. TLXIX - Dividend Comparison
VTIVX's dividend yield for the trailing twelve months is around 2.21%, more than TLXIX's 2.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTIVX Vanguard Target Retirement 2045 Fund | 2.21% | 2.31% | 2.28% | 2.13% | 2.22% | 1.60% | 2.23% | 2.39% | 1.90% | 1.99% | 2.17% | 2.05% |
TLXIX TIAA-CREF Lifecycle Index 2045 Fund | 2.13% | 2.22% | 2.07% | 2.00% | 1.89% | 1.60% | 2.15% | 2.41% | 1.93% | 2.10% | 2.19% | 2.21% |
Drawdowns
VTIVX vs. TLXIX - Drawdown Comparison
The maximum VTIVX drawdown since its inception was -51.69%, which is greater than TLXIX's maximum drawdown of -31.08%. Use the drawdown chart below to compare losses from any high point for VTIVX and TLXIX. For additional features, visit the drawdowns tool.
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Volatility
VTIVX vs. TLXIX - Volatility Comparison
The current volatility for Vanguard Target Retirement 2045 Fund (VTIVX) is 3.70%, while TIAA-CREF Lifecycle Index 2045 Fund (TLXIX) has a volatility of 4.07%. This indicates that VTIVX experiences smaller price fluctuations and is considered to be less risky than TLXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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