MXIIX vs. SEBLX
MXIIX (Touchstone Flexible Income Fund) and SEBLX (Touchstone Balanced Fund) are both mutual funds - MXIIX is a Multisector Bonds fund managed by Touchstone, while SEBLX is a Diversified Portfolio fund managed by Touchstone. Over the past 10 years, MXIIX returned 3.64%/yr vs 11.18%/yr for SEBLX. At a 0.42 correlation, their price movements are largely independent. MXIIX charges 0.79%/yr vs 0.99%/yr for SEBLX.
Performance
MXIIX vs. SEBLX - Performance Comparison
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Returns By Period
In the year-to-date period, MXIIX achieves a 1.48% return, which is significantly higher than SEBLX's 0.80% return. Over the past 10 years, MXIIX has underperformed SEBLX with an annualized return of 3.64%, while SEBLX has yielded a comparatively higher 11.18% annualized return.
MXIIX
- 1D
- 0.10%
- 1M
- 1.05%
- YTD
- 1.48%
- 6M
- 1.40%
- 1Y
- 5.23%
- 3Y*
- 5.94%
- 5Y*
- 2.43%
- 10Y*
- 3.64%
SEBLX
- 1D
- -0.53%
- 1M
- -1.94%
- YTD
- 0.80%
- 6M
- 0.17%
- 1Y
- 9.96%
- 3Y*
- 11.13%
- 5Y*
- 6.11%
- 10Y*
- 11.18%
MXIIX vs. SEBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXIIX Touchstone Flexible Income Fund | 1.48% | 6.11% | 4.82% | 7.96% | -8.14% | 3.17% | 8.15% | 8.73% | -1.47% | 6.75% |
SEBLX Touchstone Balanced Fund | 0.80% | 13.59% | 13.08% | 18.17% | -16.16% | 13.95% | 18.74% | 39.05% | -2.74% | 15.69% |
Correlation
The correlation between MXIIX and SEBLX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 1998 | 0.42 |
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Return for Risk
MXIIX vs. SEBLX — Risk / Return Rank
MXIIX
SEBLX
MXIIX vs. SEBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Flexible Income Fund (MXIIX) and Touchstone Balanced Fund (SEBLX). 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.
| MXIIX | SEBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.32 | +0.73 |
| Martin ratioReturn relative to average drawdown | 6.87 | 5.52 | +1.35 |
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Drawdowns
MXIIX vs. SEBLX - Drawdown Comparison
The maximum MXIIX drawdown since its inception was -37.45%, roughly equal to the maximum SEBLX drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for MXIIX and SEBLX.
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Drawdown Indicators
| MXIIX | SEBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.45% | -36.70% | -0.75% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -8.30% | +5.64% |
Max Drawdown (3Y)Largest decline over 3 years | -2.66% | -11.60% | +8.94% |
Max Drawdown (5Y)Largest decline over 5 years | -11.59% | -22.47% | +10.88% |
Max Drawdown (10Y)Largest decline over 10 years | -15.21% | -22.47% | +7.26% |
Current DrawdownCurrent decline from peak | -0.35% | -2.95% | +2.60% |
Average DrawdownAverage peak-to-trough decline | -3.43% | -3.83% | +0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 1.98% | -1.19% |
Volatility
MXIIX vs. SEBLX - Volatility Comparison
The current volatility for Touchstone Flexible Income Fund (MXIIX) is 0.83%, while Touchstone Balanced Fund (SEBLX) has a volatility of 3.34%. This indicates that MXIIX experiences smaller price fluctuations and is considered to be less risky than SEBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXIIX | SEBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 3.34% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 2.50% | 7.11% | -4.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.30% | 8.75% | -5.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.44% | 11.32% | -7.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.41% | 12.21% | -7.80% |
MXIIX vs. SEBLX - Expense Ratio Comparison
MXIIX has a 0.79% expense ratio, which is lower than SEBLX's 0.99% expense ratio.
Dividends
MXIIX vs. SEBLX - Dividend Comparison
MXIIX's dividend yield for the trailing twelve months is around 5.22%, more than SEBLX's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXIIX Touchstone Flexible Income Fund | 5.22% | 4.66% | 4.03% | 3.77% | 4.70% | 3.49% | 4.66% | 3.84% | 4.04% | 2.72% | 2.91% | 3.30% |
SEBLX Touchstone Balanced Fund | 4.99% | 5.03% | 1.83% | 1.26% | 0.99% | 2.74% | 7.72% | 24.06% | 7.04% | 6.00% | 1.98% | 5.91% |
Frequently Asked Questions
MXIIX and SEBLX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SEBLX has higher volatility (3.34%) compared to MXIIX (0.83%). In terms of maximum drawdown, MXIIX dropped -37.45% vs SEBLX's -36.70%.
MXIIX currently has the higher Sharpe Ratio (1.65 vs 1.25), 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.
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