SEBLX vs. TMCPX

Last updated Jun 24, 2026

SEBLX (Touchstone Balanced Fund) and TMCPX (Touchstone Mid Cap Fund) are both mutual funds - SEBLX is a Diversified Portfolio fund managed by Touchstone, while TMCPX is a Mid Cap Blend Equities fund managed by Touchstone. Over the past 10 years, SEBLX returned 11.24%/yr vs 11.29%/yr for TMCPX. Their correlation of 0.84 suggests significant overlap in exposure. SEBLX charges 0.99%/yr vs 0.93%/yr for TMCPX.

Performance

SEBLX vs. TMCPX - Performance Comparison

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

Returns By Period

In the year-to-date period, SEBLX achieves a 1.33% return, which is significantly lower than TMCPX's 1.59% return. Both investments have delivered pretty close results over the past 10 years, with SEBLX having a 11.24% annualized return and TMCPX not far ahead at 11.29%.

SEBLX

• 1D: -1.01%
• 1M: -1.42%
• YTD: 1.33%
• 6M: 1.00%
• 1Y: 11.46%
• 3Y*: 11.33%
• 5Y*: 6.30%
• 10Y*: 11.24%

TMCPX

• 1D: -0.07%
• 1M: 5.85%
• YTD: 1.59%
• 6M: 0.67%
• 1Y: 7.59%
• 3Y*: 9.45%
• 5Y*: 6.00%
• 10Y*: 11.29%

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

SEBLX vs. TMCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SEBLX Touchstone Balanced Fund	1.33%	13.59%	13.08%	18.17%	-16.16%	13.95%	18.74%	39.05%	-2.74%	15.69%
TMCPX Touchstone Mid Cap Fund	1.59%	4.87%	8.48%	27.48%	-15.62%	15.21%	12.56%	39.44%	-3.14%	20.23%

Correlation

The correlation between SEBLX and TMCPX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 3, 2003	0.84

Over the past year, the correlation between SEBLX and TMCPX has dropped to 0.59 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

Return for Risk

SEBLX vs. TMCPX — Risk / Return Rank

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

SEBLX

SEBLX Risk / Return Rank: 26
SEBLX Sharpe Ratio Rank: 27
SEBLX Sortino Ratio Rank: 27
SEBLX Omega Ratio Rank: 27
SEBLX Calmar Ratio Rank: 19
SEBLX Martin Ratio Rank: 28

TMCPX

TMCPX Risk / Return Rank: 7
TMCPX Sharpe Ratio Rank: 7
TMCPX Sortino Ratio Rank: 8
TMCPX Omega Ratio Rank: 7
TMCPX Calmar Ratio Rank: 8
TMCPX Martin Ratio Rank: 7

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. TMCPX - Risk-Adjusted Trends Comparison

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

	SEBLX	TMCPX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	0.56	+0.83
Sortino ratio: Return per unit of downside risk	1.99	0.93	+1.05
Omega ratio: Gain probability vs. loss probability	1.25	1.10	+0.15
Calmar ratio: Return relative to maximum drawdown	1.46	0.69	+0.77
Martin ratio: Return relative to average drawdown	6.14	1.82	+4.32

SEBLX vs. TMCPX - Sharpe Ratio Comparison

The current SEBLX Sharpe Ratio is 1.39, which is higher than the TMCPX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of SEBLX and TMCPX, 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

SEBLX vs. TMCPX - Drawdown Comparison

The maximum SEBLX drawdown since its inception was -36.70%, smaller than the maximum TMCPX drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for SEBLX and TMCPX.

Drawdown Indicators

	SEBLX	TMCPX	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-58.03%	+21.33%
Max Drawdown (1Y) Largest decline over 1 year	-8.30%	-13.48%	+5.18%
Max Drawdown (3Y) Largest decline over 3 years	-11.60%	-21.47%	+9.87%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-21.47%	-1.00%
Max Drawdown (10Y) Largest decline over 10 years	-22.47%	-35.54%	+13.07%
Current Drawdown Current decline from peak	-2.43%	-4.51%	+2.08%
Average Drawdown Average peak-to-trough decline	-3.83%	-9.61%	+5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	5.12%	-3.15%

Volatility

SEBLX vs. TMCPX - Volatility Comparison

The current volatility for Touchstone Balanced Fund (SEBLX) is 3.31%, while Touchstone Mid Cap Fund (TMCPX) has a volatility of 5.04%. This indicates that SEBLX experiences smaller price fluctuations and is considered to be less risky than TMCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEBLX	TMCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	5.04%	-1.73%
Volatility (6M) Calculated over the trailing 6-month period	7.12%	13.25%	-6.13%
Volatility (1Y) Calculated over the trailing 1-year period	8.75%	16.83%	-8.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.32%	17.93%	-6.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.23%	18.55%	-6.32%

SEBLX vs. TMCPX - Expense Ratio Comparison

SEBLX has a 0.99% expense ratio, which is higher than TMCPX's 0.93% expense ratio.

Dividends

SEBLX vs. TMCPX - Dividend Comparison

SEBLX's dividend yield for the trailing twelve months is around 4.96%, more than TMCPX's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEBLX Touchstone Balanced Fund	4.96%	5.03%	1.83%	1.26%	0.99%	2.74%	7.72%	24.06%	7.04%	6.00%	1.98%	5.91%
TMCPX Touchstone Mid Cap Fund	2.17%	2.20%	2.52%	0.92%	1.43%	2.80%	1.93%	5.18%	3.95%	1.10%	0.58%	0.06%

Frequently Asked Questions

Can I hold both SEBLX and TMCPX in my portfolio?

SEBLX and TMCPX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEBLX or TMCPX?

TMCPX has higher volatility (5.04%) compared to SEBLX (3.31%). In terms of maximum drawdown, SEBLX dropped -36.70% vs TMCPX's -58.03%.

Which has better risk-adjusted returns?

SEBLX currently has the higher Sharpe Ratio (1.39 vs 0.56), 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.