GTDDX vs. TSEGX

Last updated Jun 24, 2026

GTDDX (Invesco EQV Emerging Markets All Cap Fd) and TSEGX (Touchstone Sands Capital Emerging Markets Growth Fund) are both Emerging Markets Diversified funds. Over the past 10 years, GTDDX returned 10.50%/yr vs 9.26%/yr for TSEGX. Their correlation of 0.82 suggests significant overlap in exposure. GTDDX charges 1.39%/yr vs 1.23%/yr for TSEGX.

Performance

GTDDX vs. TSEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco EQV Emerging Markets All Cap Fd (GTDDX) and Touchstone Sands Capital Emerging Markets Growth Fund (TSEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTDDX achieves a 48.50% return, which is significantly higher than TSEGX's 26.37% return. Over the past 10 years, GTDDX has outperformed TSEGX with an annualized return of 10.50%, while TSEGX has yielded a comparatively lower 9.26% annualized return.

GTDDX

• 1D: -0.71%
• 1M: 10.82%
• YTD: 48.50%
• 6M: 51.58%
• 1Y: 78.23%
• 3Y*: 24.04%
• 5Y*: 9.03%
• 10Y*: 10.50%

TSEGX

• 1D: 0.93%
• 1M: 9.12%
• YTD: 26.37%
• 6M: 27.63%
• 1Y: 38.20%
• 3Y*: 16.99%
• 5Y*: -0.46%
• 10Y*: 9.26%

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

GTDDX vs. TSEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GTDDX Invesco EQV Emerging Markets All Cap Fd	48.50%	29.88%	-0.66%	8.82%	-17.70%	-7.00%	17.19%	29.99%	-18.77%	30.34%
TSEGX Touchstone Sands Capital Emerging Markets Growth Fund	26.37%	20.40%	2.76%	11.01%	-34.75%	-10.02%	52.33%	27.56%	-13.28%	38.48%

Correlation

The correlation between GTDDX and TSEGX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 13, 2014	0.82

The correlation between GTDDX and TSEGX has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.

Return for Risk

GTDDX vs. TSEGX — Risk / Return Rank

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

GTDDX

GTDDX Risk / Return Rank: 95
GTDDX Sharpe Ratio Rank: 98
GTDDX Sortino Ratio Rank: 93
GTDDX Omega Ratio Rank: 93
GTDDX Calmar Ratio Rank: 95
GTDDX Martin Ratio Rank: 95

TSEGX

TSEGX Risk / Return Rank: 49
TSEGX Sharpe Ratio Rank: 43
TSEGX Sortino Ratio Rank: 37
TSEGX Omega Ratio Rank: 46
TSEGX Calmar Ratio Rank: 64
TSEGX Martin Ratio Rank: 55

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.

GTDDX vs. TSEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EQV Emerging Markets All Cap Fd (GTDDX) and Touchstone Sands Capital Emerging Markets Growth Fund (TSEGX). 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.

	GTDDX	TSEGX	Difference
Sharpe ratio: Return per unit of total volatility	3.72	1.77	+1.95
Sortino ratio: Return per unit of downside risk	4.42	2.36	+2.06
Omega ratio: Gain probability vs. loss probability	1.67	1.34	+0.33
Calmar ratio: Return relative to maximum drawdown	5.51	2.93	+2.58
Martin ratio: Return relative to average drawdown	20.80	10.50	+10.31

GTDDX vs. TSEGX - Sharpe Ratio Comparison

The current GTDDX Sharpe Ratio is 3.72, which is higher than the TSEGX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of GTDDX and TSEGX, 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

GTDDX vs. TSEGX - Drawdown Comparison

The maximum GTDDX drawdown since its inception was -62.89%, which is greater than TSEGX's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for GTDDX and TSEGX.

Drawdown Indicators

	GTDDX	TSEGX	Difference
Max Drawdown Largest peak-to-trough decline	-62.89%	-52.81%	-10.08%
Max Drawdown (1Y) Largest decline over 1 year	-14.49%	-13.30%	-1.19%
Max Drawdown (3Y) Largest decline over 3 years	-16.08%	-17.48%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-36.93%	-50.50%	+13.57%
Max Drawdown (10Y) Largest decline over 10 years	-39.58%	-52.81%	+13.23%
Current Drawdown Current decline from peak	-0.97%	-10.97%	+10.00%
Average Drawdown Average peak-to-trough decline	-18.72%	-19.59%	+0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	3.71%	+0.11%

Volatility

GTDDX vs. TSEGX - Volatility Comparison

Invesco EQV Emerging Markets All Cap Fd (GTDDX) and Touchstone Sands Capital Emerging Markets Growth Fund (TSEGX) have volatilities of 11.57% and 12.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTDDX	TSEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.57%	12.05%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	19.24%	19.79%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	21.49%	22.02%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	20.91%	-3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.15%	20.60%	-3.45%

GTDDX vs. TSEGX - Expense Ratio Comparison

GTDDX has a 1.39% expense ratio, which is higher than TSEGX's 1.23% expense ratio.

Dividends

GTDDX vs. TSEGX - Dividend Comparison

GTDDX's dividend yield for the trailing twelve months is around 14.23%, more than TSEGX's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTDDX Invesco EQV Emerging Markets All Cap Fd	14.23%	21.13%	1.16%	1.51%	1.17%	4.46%	5.05%	1.49%	1.53%	0.71%	0.86%	0.99%
TSEGX Touchstone Sands Capital Emerging Markets Growth Fund	0.74%	0.94%	0.18%	0.00%	0.00%	1.96%	0.00%	0.71%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTDDX and TSEGX in my portfolio?

GTDDX and TSEGX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTDDX or TSEGX?

TSEGX has higher volatility (12.05%) compared to GTDDX (11.57%). In terms of maximum drawdown, GTDDX dropped -62.89% vs TSEGX's -52.81%.

Which has better risk-adjusted returns?

GTDDX currently has the higher Sharpe Ratio (3.72 vs 1.77), 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.