<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000927823
<NAME> USAA LIFE INVESTMENT TRUST
<SERIES>
<NUMBER> 5
<NAME> LIFE DIVERSIFIED ASSETS FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 29,704
<INVESTMENTS-AT-VALUE> 34,787
<RECEIVABLES> 404
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 35,192
<PAYABLE-FOR-SECURITIES> 64
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5
<TOTAL-LIABILITIES> 69
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,949
<SHARES-COMMON-STOCK> 2,756
<SHARES-COMMON-PRIOR> 3,220
<ACCUMULATED-NII-CURRENT> 641
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 450
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,083
<NET-ASSETS> 35,123
<DIVIDEND-INCOME> 197
<INTEREST-INCOME> 506
<OTHER-INCOME> 0
<EXPENSES-NET> (63)
<NET-INVESTMENT-INCOME> 640
<REALIZED-GAINS-CURRENT> 703
<APPREC-INCREASE-CURRENT> (468)
<NET-CHANGE-FROM-OPS> 875
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (25)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 61
<NUMBER-OF-SHARES-REDEEMED> (527)
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> (4,850)
<ACCUMULATED-NII-PRIOR> 27
<ACCUMULATED-GAINS-PRIOR> (253)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 36
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 104
<AVERAGE-NET-ASSETS> 35,875
<PER-SHARE-NAV-BEGIN> 12.41
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> .11
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.74
<EXPENSE-RATIO> .35
</TABLE>
