SENCX vs. TCPYX

Last updated Jun 4, 2026

SENCX (Touchstone Large Cap Focused Fund) and TCPYX (Touchstone Impact Bond Fund) are both mutual funds - SENCX is a Large Cap Blend Equities fund managed by Touchstone, while TCPYX is a Intermediate Core Bond fund managed by Touchstone. Over the past 10 years, SENCX returned 16.16%/yr vs 1.57%/yr for TCPYX. At a correlation of -0.17, they often move in opposite directions. SENCX charges 0.99%/yr vs 0.51%/yr for TCPYX.

Performance

SENCX vs. TCPYX - Performance Comparison

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

Returns By Period

In the year-to-date period, SENCX achieves a 4.80% return, which is significantly higher than TCPYX's 0.53% return. Over the past 10 years, SENCX has outperformed TCPYX with an annualized return of 16.16%, while TCPYX has yielded a comparatively lower 1.57% annualized return.

SENCX

• 1D: -0.67%
• 1M: 2.55%
• YTD: 4.80%
• 6M: 5.82%
• 1Y: 22.20%
• 3Y*: 17.42%
• 5Y*: 10.65%
• 10Y*: 16.16%

TCPYX

• 1D: 0.22%
• 1M: 0.56%
• YTD: 0.53%
• 6M: 0.38%
• 1Y: 5.49%
• 3Y*: 4.11%
• 5Y*: 0.10%
• 10Y*: 1.57%

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

SENCX vs. TCPYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SENCX Touchstone Large Cap Focused Fund	4.80%	17.56%	20.29%	25.00%	-17.55%	25.26%	23.83%	47.43%	-2.60%	22.91%
TCPYX Touchstone Impact Bond Fund	0.53%	6.75%	1.77%	5.32%	-13.07%	-1.01%	6.72%	7.91%	0.16%	3.94%

Correlation

The correlation between SENCX and TCPYX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Oct 2, 2009	-0.17

The correlation between SENCX and TCPYX shifts across timeframes, from -0.17 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SENCX vs. TCPYX — Risk / Return Rank

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

SENCX

SENCX Risk / Return Rank: 35
SENCX Sharpe Ratio Rank: 40
SENCX Sortino Ratio Rank: 38
SENCX Omega Ratio Rank: 39
SENCX Calmar Ratio Rank: 25
SENCX Martin Ratio Rank: 34

TCPYX

TCPYX Risk / Return Rank: 25
TCPYX Sharpe Ratio Rank: 25
TCPYX Sortino Ratio Rank: 27
TCPYX Omega Ratio Rank: 25
TCPYX Calmar Ratio Rank: 27
TCPYX Martin Ratio Rank: 23

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.

SENCX vs. TCPYX - Risk-Adjusted Trends Comparison

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

	SENCX	TCPYX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.42	+0.43
Sortino ratio: Return per unit of downside risk	2.59	2.16	+0.43
Omega ratio: Gain probability vs. loss probability	1.34	1.26	+0.08
Calmar ratio: Return relative to maximum drawdown	1.86	1.93	-0.06
Martin ratio: Return relative to average drawdown	7.70	5.85	+1.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SENCX vs. TCPYX - Sharpe Ratio Comparison

The current SENCX Sharpe Ratio is 1.85, which is higher than the TCPYX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of SENCX and TCPYX, 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

	SENCX	TCPYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	1.42	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.02	+0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	0.33	+0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.69	-0.06

Drawdowns

SENCX vs. TCPYX - Drawdown Comparison

The maximum SENCX drawdown since its inception was -51.89%, which is greater than TCPYX's maximum drawdown of -18.12%. Use the drawdown chart below to compare losses from any high point for SENCX and TCPYX.

Drawdown Indicators

	SENCX	TCPYX	Difference
Max Drawdown Largest peak-to-trough decline	-51.89%	-18.12%	-33.77%
Max Drawdown (1Y) Largest decline over 1 year	-12.27%	-2.92%	-9.35%
Max Drawdown (3Y) Largest decline over 3 years	-18.79%	-5.79%	-13.00%
Max Drawdown (5Y) Largest decline over 5 years	-27.82%	-18.12%	-9.70%
Max Drawdown (10Y) Largest decline over 10 years	-31.56%	-18.12%	-13.44%
Current Drawdown Current decline from peak	-0.67%	-1.98%	+1.31%
Average Drawdown Average peak-to-trough decline	-6.37%	-3.22%	-3.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	0.96%	+2.00%

Volatility

SENCX vs. TCPYX - Volatility Comparison

Touchstone Large Cap Focused Fund (SENCX) has a higher volatility of 2.76% compared to Touchstone Impact Bond Fund (TCPYX) at 1.48%. This indicates that SENCX's price experiences larger fluctuations and is considered to be riskier than TCPYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SENCX	TCPYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	1.48%	+1.28%
Volatility (6M) Calculated over the trailing 6-month period	9.38%	2.84%	+6.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.35%	3.98%	+8.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	5.90%	+11.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.51%	4.84%	+13.67%

SENCX vs. TCPYX - Expense Ratio Comparison

SENCX has a 0.99% expense ratio, which is higher than TCPYX's 0.51% expense ratio.

Dividends

SENCX vs. TCPYX - Dividend Comparison

SENCX's dividend yield for the trailing twelve months is around 1.40%, less than TCPYX's 3.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SENCX Touchstone Large Cap Focused Fund	1.40%	1.46%	0.66%	0.65%	1.58%	6.74%	5.59%	23.32%	12.26%	17.28%	7.08%	9.70%
TCPYX Touchstone Impact Bond Fund	3.93%	3.52%	3.68%	3.22%	2.63%	1.91%	2.13%	2.63%	2.86%	2.77%	2.98%	2.91%

Frequently Asked Questions

Can I hold both SENCX and TCPYX in my portfolio?

SENCX and TCPYX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SENCX or TCPYX?

SENCX has higher volatility (2.76%) compared to TCPYX (1.48%). In terms of maximum drawdown, SENCX dropped -51.89% vs TCPYX's -18.12%.

Which has better risk-adjusted returns?

SENCX currently has the higher Sharpe Ratio (1.85 vs 1.42), 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.