SIO vs. TLG

Last updated Jul 17, 2026

SIO (Touchstone Strategic Income Opportunities ETF) and TLG (Touchstone Large Company Growth ETF) are both exchange-traded funds - SIO is a Multisector Bonds fund actively managed by Touchstone, while TLG is a Large Cap Growth Equities fund actively managed by Touchstone. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. SIO charges 0.65%/yr vs 0.67%/yr for TLG.

Performance

SIO vs. TLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Strategic Income Opportunities ETF (SIO) and Touchstone Large Company Growth ETF (TLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SIO

• 1D: 0.01%
• 1M: -0.46%
• 6M: 0.42%
• YTD: 0.88%
• 1Y: 5.47%
• 3Y*: 6.99%
• 5Y*: —
• 10Y*: —

TLG

• 1D: -2.41%
• 1M: -2.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIO vs. TLG - Yearly Performance Comparison

	2026 (YTD)
SIO Touchstone Strategic Income Opportunities ETF	0.79%
TLG Touchstone Large Company Growth ETF	6.74%

Correlation

The correlation between SIO and TLG is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.39

Return for Risk

SIO vs. TLG — Risk / Return Rank

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

SIO

SIO Risk / Return Rank: 47
SIO Sharpe Ratio Rank: 45
SIO Sortino Ratio Rank: 47
SIO Omega Ratio Rank: 45
SIO Calmar Ratio Rank: 51
SIO Martin Ratio Rank: 46

TLG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SIO vs. TLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Strategic Income Opportunities ETF (SIO) and Touchstone Large Company Growth ETF (TLG). 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.

	SIO	TLG	Difference
Sharpe ratio: Return per unit of total volatility	1.31	—	—
Sortino ratio: Return per unit of downside risk	1.94	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.09	—	—
Martin ratio: Return relative to average drawdown	6.10	—	—

Drawdowns

SIO vs. TLG - Drawdown Comparison

The maximum SIO drawdown since its inception was -6.94%, smaller than the maximum TLG drawdown of -9.38%. Use the drawdown chart below to compare losses from any high point for SIO and TLG.

Drawdown Indicators

	SIO	TLG	Difference
Max Drawdown Largest peak-to-trough decline	-6.94%	-9.38%	+2.44%
Max Drawdown (1Y) Largest decline over 1 year	-2.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.34%	—	—
Current Drawdown Current decline from peak	-1.05%	-7.33%	+6.28%
Average Drawdown Average peak-to-trough decline	-1.23%	-3.16%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	SIO	TLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.21%	23.11%	-18.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.96%	23.11%	-18.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.96%	23.11%	-18.15%

SIO vs. TLG - Expense Ratio Comparison

SIO has a 0.65% expense ratio, which is lower than TLG's 0.67% expense ratio.

Dividends

SIO vs. TLG - Dividend Comparison

SIO's dividend yield for the trailing twelve months is around 7.00%, while TLG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
SIO Touchstone Strategic Income Opportunities ETF	7.00%	6.80%	5.30%	5.37%	3.12%
TLG Touchstone Large Company Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SIO and TLG in my portfolio?

SIO and TLG have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SIO or TLG?

On fees, SIO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SIO or TLG?

SIO is cheaper with a 0.65% expense ratio, compared with 0.67% for TLG.

Which ETF pays a higher dividend yield, SIO or TLG?

SIO has the higher dividend yield at 7.00%, compared with 0.00% for TLG.

What is the main difference between SIO and TLG?

SIO is categorized as Multisector Bonds, while TLG is Large Cap Growth Equities. Their fees differ too: 0.65% for SIO and 0.67% for TLG.