SEBLX vs. SENCX

Last updated Jun 3, 2026

SEBLX (Touchstone Balanced Fund) and SENCX (Touchstone Large Cap Focused Fund) are both mutual funds - SEBLX is a Diversified Portfolio fund managed by Touchstone, while SENCX is a Large Cap Blend Equities fund managed by Touchstone. Over the past 10 years, SEBLX returned 11.30%/yr vs 16.24%/yr for SENCX. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.99% expense ratio.

Performance

SEBLX vs. SENCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Balanced Fund (SEBLX) and Touchstone Large Cap Focused Fund (SENCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEBLX achieves a 3.86% return, which is significantly lower than SENCX's 5.51% return. Over the past 10 years, SEBLX has underperformed SENCX with an annualized return of 11.30%, while SENCX has yielded a comparatively higher 16.24% annualized return.

SEBLX

• 1D: 0.13%
• 1M: 2.09%
• YTD: 3.86%
• 6M: 4.58%
• 1Y: 16.55%
• 3Y*: 12.64%
• 5Y*: 6.88%
• 10Y*: 11.30%

SENCX

• 1D: 0.29%
• 1M: 2.93%
• YTD: 5.51%
• 6M: 6.72%
• 1Y: 23.58%
• 3Y*: 17.69%
• 5Y*: 10.72%
• 10Y*: 16.24%

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

SEBLX vs. SENCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SEBLX Touchstone Balanced Fund	3.86%	13.59%	13.08%	18.17%	-16.16%	13.95%	18.74%	39.05%	-2.74%	15.69%
SENCX Touchstone Large Cap Focused Fund	5.51%	17.56%	20.29%	25.00%	-17.55%	25.26%	23.83%	47.43%	-2.60%	22.91%

Correlation

The correlation between SEBLX and SENCX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 3, 1990	0.98

The correlation between SEBLX and SENCX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

SEBLX vs. SENCX — Risk / Return Rank

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

SEBLX

SEBLX Risk / Return Rank: 42
SEBLX Sharpe Ratio Rank: 48
SEBLX Sortino Ratio Rank: 48
SEBLX Omega Ratio Rank: 47
SEBLX Calmar Ratio Rank: 29
SEBLX Martin Ratio Rank: 40

SENCX

SENCX Risk / Return Rank: 39
SENCX Sharpe Ratio Rank: 45
SENCX Sortino Ratio Rank: 42
SENCX Omega Ratio Rank: 44
SENCX Calmar Ratio Rank: 26
SENCX Martin Ratio Rank: 37

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.

SEBLX vs. SENCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Balanced Fund (SEBLX) and Touchstone Large Cap Focused Fund (SENCX). 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.

	SEBLX	SENCX	Difference
Sharpe ratio Return per unit of total volatility	2.04	1.96	+0.07
Sortino ratio Return per unit of downside risk	2.94	2.73	+0.20
Omega ratio Gain probability vs. loss probability	1.38	1.36	+0.02
Calmar ratio Return relative to maximum drawdown	2.03	1.97	+0.06
Martin ratio Return relative to average drawdown	8.74	8.16	+0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEBLX vs. SENCX - Sharpe Ratio Comparison

The current SEBLX Sharpe Ratio is 2.04, which is comparable to the SENCX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of SEBLX and SENCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SEBLX	SENCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.96	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.63	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.93	0.88	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.63	+0.14

Drawdowns

SEBLX vs. SENCX - Drawdown Comparison

The maximum SEBLX drawdown since its inception was -36.70%, smaller than the maximum SENCX drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for SEBLX and SENCX.

Drawdown Indicators

	SEBLX	SENCX	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-51.89%	+15.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.30%	-12.27%	+3.97%
Max Drawdown (3Y) Largest decline over 3 years	-11.60%	-18.79%	+7.19%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-27.82%	+5.35%
Max Drawdown (10Y) Largest decline over 10 years	-22.47%	-31.56%	+9.09%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.84%	-6.37%	+2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	2.96%	-1.04%

Volatility

SEBLX vs. SENCX - Volatility Comparison

The current volatility for Touchstone Balanced Fund (SEBLX) is 2.11%, while Touchstone Large Cap Focused Fund (SENCX) has a volatility of 2.65%. This indicates that SEBLX experiences smaller price fluctuations and is considered to be less risky than SENCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEBLX	SENCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.11%	2.65%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	6.44%	9.36%	-2.92%
Volatility (1Y) Calculated over the trailing 1-year period	8.25%	12.35%	-4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.24%	17.06%	-5.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.19%	18.50%	-6.31%

SEBLX vs. SENCX - Expense Ratio Comparison

Both SEBLX and SENCX have an expense ratio of 0.99%.

Dividends

SEBLX vs. SENCX - Dividend Comparison

SEBLX's dividend yield for the trailing twelve months is around 4.84%, more than SENCX's 1.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEBLX Touchstone Balanced Fund	4.84%	5.03%	1.83%	1.26%	0.99%	2.74%	7.72%	24.06%	7.04%	6.00%	1.98%	5.91%
SENCX Touchstone Large Cap Focused Fund	1.39%	1.46%	0.66%	0.65%	1.58%	6.74%	5.59%	23.32%	12.26%	17.28%	7.08%	9.70%

Frequently Asked Questions

Can I hold both SEBLX and SENCX in my portfolio?

With a correlation of 0.98, SEBLX and SENCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SEBLX or SENCX?

SENCX has higher volatility (2.65%) compared to SEBLX (2.11%). In terms of maximum drawdown, SEBLX dropped -36.70% vs SENCX's -51.89%.

Which has better risk-adjusted returns?

SEBLX currently has the higher Sharpe Ratio (2.04 vs 1.96), 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.