DSMLX vs. TEQAX

Last updated Jun 24, 2026

DSMLX (Touchstone Large Company Growth Fund) and TEQAX (Touchstone Global ESG Equity Fund) are both mutual funds - DSMLX is a Large Cap Growth Equities fund managed by Touchstone, while TEQAX is a Foreign Large Cap Equities fund managed by Touchstone. Over the past 10 years, DSMLX returned 5.54%/yr vs 12.64%/yr for TEQAX. Their correlation of 0.81 suggests significant overlap in exposure. DSMLX charges 0.72%/yr vs 1.16%/yr for TEQAX.

Performance

DSMLX vs. TEQAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Large Company Growth Fund (DSMLX) and Touchstone Global ESG Equity Fund (TEQAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSMLX achieves a -62.38% return, which is significantly lower than TEQAX's 14.97% return. Over the past 10 years, DSMLX has underperformed TEQAX with an annualized return of 5.54%, while TEQAX has yielded a comparatively higher 12.64% annualized return.

DSMLX

• 1D: 0.00%
• 1M: 0.00%
• YTD: -62.38%
• 6M: -62.69%
• 1Y: -59.15%
• 3Y*: -13.88%
• 5Y*: -10.05%
• 10Y*: 5.54%

TEQAX

• 1D: -0.23%
• 1M: 6.23%
• YTD: 14.97%
• 6M: 14.99%
• 1Y: 28.96%
• 3Y*: 21.36%
• 5Y*: 11.11%
• 10Y*: 12.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DSMLX vs. TEQAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSMLX Touchstone Large Company Growth Fund	-62.38%	15.30%	29.59%	33.52%	-26.41%	21.16%	29.19%	47.62%	-5.04%	38.60%
TEQAX Touchstone Global ESG Equity Fund	14.97%	29.86%	8.94%	23.45%	-17.07%	11.86%	14.44%	23.18%	-9.72%	25.74%

Correlation

The correlation between DSMLX and TEQAX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since Aug 31, 2009	0.81

Over the past year, the correlation between DSMLX and TEQAX has dropped to 0.47 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

DSMLX vs. TEQAX — Risk / Return Rank

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

DSMLX

DSMLX Risk / Return Rank: 0
DSMLX Sharpe Ratio Rank: 1
DSMLX Sortino Ratio Rank: 1
DSMLX Omega Ratio Rank: 0
DSMLX Calmar Ratio Rank: 0
DSMLX Martin Ratio Rank: 0

TEQAX

TEQAX Risk / Return Rank: 44
TEQAX Sharpe Ratio Rank: 41
TEQAX Sortino Ratio Rank: 39
TEQAX Omega Ratio Rank: 39
TEQAX Calmar Ratio Rank: 51
TEQAX Martin Ratio Rank: 50

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.

DSMLX vs. TEQAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Large Company Growth Fund (DSMLX) and Touchstone Global ESG Equity Fund (TEQAX). 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.

	DSMLX	TEQAX	Difference
Sharpe ratio: Return per unit of total volatility	-0.98	1.73	-2.71
Sortino ratio: Return per unit of downside risk	-1.00	2.42	-3.41
Omega ratio: Gain probability vs. loss probability	0.57	1.31	-0.74
Calmar ratio: Return relative to maximum drawdown	-0.95	2.62	-3.56
Martin ratio: Return relative to average drawdown	-1.91	9.71	-11.62

DSMLX vs. TEQAX - Sharpe Ratio Comparison

The current DSMLX Sharpe Ratio is -0.98, which is lower than the TEQAX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of DSMLX and TEQAX, 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

DSMLX vs. TEQAX - Drawdown Comparison

The maximum DSMLX drawdown since its inception was -64.61%, which is greater than TEQAX's maximum drawdown of -61.14%. Use the drawdown chart below to compare losses from any high point for DSMLX and TEQAX.

Drawdown Indicators

	DSMLX	TEQAX	Difference
Max Drawdown Largest peak-to-trough decline	-64.61%	-61.14%	-3.47%
Max Drawdown (1Y) Largest decline over 1 year	-64.61%	-11.23%	-53.38%
Max Drawdown (3Y) Largest decline over 3 years	-64.61%	-14.29%	-50.32%
Max Drawdown (5Y) Largest decline over 5 years	-64.61%	-35.95%	-28.66%
Max Drawdown (10Y) Largest decline over 10 years	-64.61%	-35.95%	-28.66%
Current Drawdown Current decline from peak	-64.61%	-0.23%	-64.38%
Average Drawdown Average peak-to-trough decline	-8.84%	-17.77%	+8.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.11%	3.02%	+28.09%

Volatility

DSMLX vs. TEQAX - Volatility Comparison

The current volatility for Touchstone Large Company Growth Fund (DSMLX) is 0.00%, while Touchstone Global ESG Equity Fund (TEQAX) has a volatility of 6.99%. This indicates that DSMLX experiences smaller price fluctuations and is considered to be less risky than TEQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSMLX	TEQAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	6.99%	-6.99%
Volatility (6M) Calculated over the trailing 6-month period	89.41%	14.46%	+74.95%
Volatility (1Y) Calculated over the trailing 1-year period	62.39%	17.08%	+45.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.45%	18.74%	+17.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.12%	18.26%	+11.86%

DSMLX vs. TEQAX - Expense Ratio Comparison

DSMLX has a 0.72% expense ratio, which is lower than TEQAX's 1.16% expense ratio.

Dividends

DSMLX vs. TEQAX - Dividend Comparison

DSMLX's dividend yield for the trailing twelve months is around 11.74%, more than TEQAX's 3.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSMLX Touchstone Large Company Growth Fund	11.74%	4.42%	2.77%	4.18%	3.43%	20.86%	13.17%	14.28%	7.73%	2.90%	3.70%	1.68%
TEQAX Touchstone Global ESG Equity Fund	3.82%	4.40%	3.51%	1.46%	7.21%	12.19%	0.33%	3.80%	10.50%	13.02%	0.55%	51.95%

Frequently Asked Questions

Can I hold both DSMLX and TEQAX in my portfolio?

DSMLX and TEQAX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSMLX or TEQAX?

TEQAX has higher volatility (6.99%) compared to DSMLX (0.00%). In terms of maximum drawdown, DSMLX dropped -64.61% vs TEQAX's -61.14%.

Which has better risk-adjusted returns?

TEQAX currently has the higher Sharpe Ratio (1.73 vs -0.98), 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.