SIO vs. TSEL

Last updated Aug 2, 2026

SIO (Touchstone Strategic Income Opportunities ETF) and TSEL (Touchstone Sands Capital US Select Growth ETF) are both exchange-traded funds - SIO is a Multisector Bonds fund actively managed by Touchstone, while TSEL is a Large Cap Growth Equities fund actively managed by Touchstone. Both are actively managed. Over the past year, SIO returned 3.59% vs -2.29% for TSEL. Their 0.21 correlation means their historical movements had little consistent relationship. SIO charges 0.65%/yr vs 0.67%/yr for TSEL.

Performance

SIO vs. TSEL - Performance Comparison

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

Returns By Period

In the year-to-date period, SIO achieves a 0.30% return, which is significantly higher than TSEL's -2.19% return.

SIO

• 1D: -0.16%
• 1M: -1.05%
• 6M: -0.38%
• YTD: 0.30%
• 1Y: 3.59%
• 3Y*: 6.82%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.16%

TSEL

• 1D: 0.86%
• 1M: -2.77%
• 6M: 2.42%
• YTD: -2.19%
• 1Y: -2.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SIO Touchstone Strategic Income Opportunities ETF	$335.23K	$1.26M	$854.33K
TSEL Touchstone Sands Capital US Select Growth ETF	$148.20K	$176.52K	$1.25M

SIO vs. TSEL - Yearly Performance Comparison

	2026 (YTD)	2025
SIO Touchstone Strategic Income Opportunities ETF	0.30%	9.21%
TSEL Touchstone Sands Capital US Select Growth ETF	-2.19%	12.41%

Correlation

The correlation between SIO and TSEL is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.28
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.21

Return for Risk

SIO vs. TSEL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SIO

SIO Risk / Return Rank: 40
SIO Sharpe Ratio Rank: 39
SIO Sortino Ratio Rank: 39
SIO Omega Ratio Rank: 37
SIO Calmar Ratio Rank: 44
SIO Martin Ratio Rank: 40

TSEL

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SIO vs. TSEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Strategic Income Opportunities ETF (SIO) and Touchstone Sands Capital US Select Growth ETF (TSEL). 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	TSEL	Difference
Sharpe ratio: Return per unit of total volatility	0.98	-0.23	+1.21
Sortino ratio: Return per unit of downside risk	1.45	-0.16	+1.62
Omega ratio: Gain probability vs. loss probability	1.18	0.98	+0.20
Calmar ratio: Return relative to maximum drawdown	1.56	-0.22	+1.78
Martin ratio: Return relative to average drawdown	4.28	-0.51	+4.79

SIO vs. TSEL - Sharpe Ratio Comparison

The current SIO Sharpe Ratio is 0.98, which is higher than the TSEL Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of SIO and TSEL, 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

SIO vs. TSEL - Drawdown Comparison

The maximum SIO drawdown since its inception was -6.94%, smaller than the maximum TSEL drawdown of -28.95%. Use the drawdown chart below to compare losses from any high point for SIO and TSEL.

Drawdown Indicators

	SIO	TSEL	Difference
Max Drawdown Largest peak-to-trough decline	-6.94%	-28.95%	+22.01%
Max Drawdown (1Y) Largest decline over 1 year	-2.62%	-23.47%	+20.85%
Max Drawdown (3Y) Largest decline over 3 years	-4.34%	—	—
Current Drawdown Current decline from peak	-1.62%	-10.40%	+8.78%
Average Drawdown Average peak-to-trough decline	-1.24%	-8.22%	+6.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	10.02%	-9.07%

Volatility

SIO vs. TSEL - Volatility Comparison

The current volatility for Touchstone Strategic Income Opportunities ETF (SIO) is 1.01%, while Touchstone Sands Capital US Select Growth ETF (TSEL) has a volatility of 8.21%. This indicates that SIO experiences smaller price fluctuations and is considered to be less risky than TSEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIO	TSEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.01%	8.21%	-7.20%
Volatility (6M) Calculated over the trailing 6-month period	2.72%	18.23%	-15.51%
Volatility (1Y) Calculated over the trailing 1-year period	4.15%	22.63%	-18.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.95%	27.02%	-22.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.95%	27.02%	-22.07%

SIO vs. TSEL - Expense Ratio Comparison

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

Dividends

SIO vs. TSEL - Dividend Comparison

SIO's dividend yield for the trailing twelve months is around 7.06%, while TSEL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
SIO Touchstone Strategic Income Opportunities ETF	7.06%	6.80%	5.30%	5.37%	3.12%
TSEL Touchstone Sands Capital US Select Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SIO and TSEL in my portfolio?

SIO and TSEL have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIO or TSEL?

TSEL has higher volatility (8.21%) compared to SIO (1.01%). In terms of maximum drawdown, SIO dropped -6.94% vs TSEL's -28.95%.

Which ETF is better, SIO or TSEL?

On 1-year performance, SIO leads with 3.59% vs -2.29% for TSEL. On fees, SIO is cheaper at 0.65% per year. On volatility, SIO has been the lower-risk option at 1.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIO or TSEL?

Over the 1-year period, SIO has performed better with a 3.59% return vs -2.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIO or TSEL?

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

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

SIO has the higher dividend yield at 7.06%, compared with 0.00% for TSEL.

What is the main difference between SIO and TSEL?

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

Which has better risk-adjusted returns?

SIO currently has the higher Sharpe Ratio (0.98 vs -0.23), 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.