DVND vs. LCF

Last updated Aug 2, 2026

DVND (Touchstone Dividend Select ETF) and LCF (Touchstone US Large Cap Focused ETF) are both exchange-traded funds - DVND is a Large Cap Value Equities fund actively managed by Touchstone, while LCF is a Large Cap Blend Equities fund actively managed by Touchstone. Both are actively managed. Over the past 3 years, DVND returned 14.65%/yr vs 15.99%/yr for LCF. Their correlation of 0.82 means they have usually moved in the same direction. DVND charges 0.68%/yr vs 0.70%/yr for LCF.

Performance

DVND vs. LCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Dividend Select ETF (DVND) and Touchstone US Large Cap Focused ETF (LCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVND achieves a 11.73% return, which is significantly higher than LCF's 6.49% return.

DVND

• 1D: 0.39%
• 1M: 1.06%
• 6M: 7.45%
• YTD: 11.73%
• 1Y: 20.25%
• 3Y*: 14.65%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.79%

LCF

• 1D: 1.59%
• 1M: 3.00%
• 6M: 5.38%
• YTD: 6.49%
• 1Y: 16.71%
• 3Y*: 15.99%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.99%

*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)
DVND Touchstone Dividend Select ETF	$14.66K	$18.04K	$170.45K
LCF Touchstone US Large Cap Focused ETF	$28.58K	$30.07K	$168.21K

DVND vs. LCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DVND Touchstone Dividend Select ETF	11.73%	16.36%	11.57%	14.04%	1.22%
LCF Touchstone US Large Cap Focused ETF	6.49%	17.20%	20.71%	26.20%	-5.76%

Correlation

The correlation between DVND and LCF is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (All Time) Calculated using the full available price history since Aug 4, 2022	0.82

The correlation between DVND and LCF has been stable across timeframes, ranging from 0.72 to 0.82 - a consistent structural relationship.

DVND vs. LCF - Sectors Allocation Comparison

Sectors	DVND	LCF
Technology	24.6%	36.0%
Financial Services	14.6%	13.7%
Healthcare	12.4%	10.2%
Industrials	10.2%	6.1%
Communication Services	8.4%	17.2%
Consumer Defensive	8.3%	4.3%
Consumer Cyclical	7.2%	8.3%
Basic Materials	4.6%	0.6%
Energy	4.0%	2.3%
Utilities	3.3%	-
Real Estate	2.4%	1.4%

Return for Risk

DVND vs. LCF — Risk / Return Rank

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

DVND

DVND Risk / Return Rank: 77
DVND Sharpe Ratio Rank: 82
DVND Sortino Ratio Rank: 82
DVND Omega Ratio Rank: 80
DVND Calmar Ratio Rank: 70
DVND Martin Ratio Rank: 74

LCF

LCF Risk / Return Rank: 41
LCF Sharpe Ratio Rank: 44
LCF Sortino Ratio Rank: 42
LCF Omega Ratio Rank: 41
LCF Calmar Ratio Rank: 36
LCF Martin Ratio Rank: 43

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.

DVND vs. LCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Dividend Select ETF (DVND) and Touchstone US Large Cap Focused ETF (LCF). 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.

	DVND	LCF	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.11	+0.79
Sortino ratio: Return per unit of downside risk	2.69	1.58	+1.11
Omega ratio: Gain probability vs. loss probability	1.34	1.19	+0.14
Calmar ratio: Return relative to maximum drawdown	2.46	1.23	+1.22
Martin ratio: Return relative to average drawdown	9.29	4.75	+4.54

DVND vs. LCF - Sharpe Ratio Comparison

The current DVND Sharpe Ratio is 1.90, which is higher than the LCF Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of DVND and LCF, 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

DVND vs. LCF - Drawdown Comparison

The maximum DVND drawdown since its inception was -14.83%, smaller than the maximum LCF drawdown of -18.28%. Use the drawdown chart below to compare losses from any high point for DVND and LCF.

Drawdown Indicators

	DVND	LCF	Difference
Max Drawdown Largest peak-to-trough decline	-14.83%	-18.28%	+3.45%
Max Drawdown (1Y) Largest decline over 1 year	-7.80%	-11.67%	+3.87%
Max Drawdown (3Y) Largest decline over 3 years	-14.64%	-18.28%	+3.64%
Current Drawdown Current decline from peak	-0.52%	0.00%	-0.52%
Average Drawdown Average peak-to-trough decline	-2.38%	-2.80%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	3.03%	-0.97%

Volatility

DVND vs. LCF - Volatility Comparison

The current volatility for Touchstone Dividend Select ETF (DVND) is 2.94%, while Touchstone US Large Cap Focused ETF (LCF) has a volatility of 4.32%. This indicates that DVND experiences smaller price fluctuations and is considered to be less risky than LCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVND	LCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.94%	4.32%	-1.38%
Volatility (6M) Calculated over the trailing 6-month period	7.57%	10.39%	-2.82%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	13.01%	-2.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	15.47%	-2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.25%	15.47%	-2.22%

DVND vs. LCF - Expense Ratio Comparison

DVND has a 0.68% expense ratio, which is lower than LCF's 0.70% expense ratio.

Dividends

DVND vs. LCF - Dividend Comparison

DVND's dividend yield for the trailing twelve months is around 1.77%, more than LCF's 0.51% yield.

Position	TTM	2025	2024	2023	2022
DVND Touchstone Dividend Select ETF	1.77%	1.93%	2.06%	2.05%	0.71%
LCF Touchstone US Large Cap Focused ETF	0.51%	0.55%	0.63%	0.71%	0.24%

Frequently Asked Questions

Can I hold both DVND and LCF in my portfolio?

DVND and LCF have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DVND or LCF?

LCF has higher volatility (4.32%) compared to DVND (2.94%). In terms of maximum drawdown, DVND dropped -14.83% vs LCF's -18.28%.

Which ETF is better, DVND or LCF?

On 3-year performance, LCF leads with 15.99% vs 14.65% for DVND. On fees, DVND is cheaper at 0.68% per year. On volatility, DVND has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVND or LCF?

Over the 3-year period, LCF has performed better with a 15.99% return vs 14.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVND or LCF?

DVND is cheaper with a 0.68% expense ratio, compared with 0.70% for LCF.

Which ETF pays a higher dividend yield, DVND or LCF?

DVND has the higher dividend yield at 1.77%, compared with 0.51% for LCF.

What is the main difference between DVND and LCF?

DVND is categorized as Large Cap Value Equities, while LCF is Large Cap Blend Equities. Their fees differ too: 0.68% for DVND and 0.70% for LCF.

Which has better risk-adjusted returns?

DVND currently has the higher Sharpe Ratio (1.90 vs 1.11), 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.