TALFX vs. TSWIX

Last updated Jun 4, 2026

TALFX (Transamerica Asset Allocation Long Horizon) and TSWIX (Transamerica International Equity) are both mutual funds - TALFX is a Diversified Portfolio fund managed by Transamerica, while TSWIX is a Foreign Large Cap Equities fund managed by Transamerica. Over the past 10 years, TALFX returned 10.28%/yr vs 8.91%/yr for TSWIX. A 0.79 correlation means they provide meaningful diversification when combined. TALFX charges 0.35%/yr vs 0.84%/yr for TSWIX.

Performance

TALFX vs. TSWIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica Asset Allocation Long Horizon (TALFX) and Transamerica International Equity (TSWIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TALFX achieves a 8.65% return, which is significantly lower than TSWIX's 12.64% return. Over the past 10 years, TALFX has outperformed TSWIX with an annualized return of 10.28%, while TSWIX has yielded a comparatively lower 8.91% annualized return.

TALFX

• 1D: 0.12%
• 1M: 4.92%
• YTD: 8.65%
• 6M: 8.88%
• 1Y: 18.53%
• 3Y*: 16.64%
• 5Y*: 7.45%
• 10Y*: 10.28%

TSWIX

• 1D: 0.61%
• 1M: 6.89%
• YTD: 12.64%
• 6M: 15.67%
• 1Y: 26.18%
• 3Y*: 18.03%
• 5Y*: 9.06%
• 10Y*: 8.91%

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

TALFX vs. TSWIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TALFX Transamerica Asset Allocation Long Horizon	8.65%	15.45%	15.32%	18.22%	-20.29%	15.80%	21.51%	25.11%	-11.43%	18.50%
TSWIX Transamerica International Equity	12.64%	32.53%	3.55%	16.09%	-14.05%	13.23%	6.75%	21.14%	-15.95%	22.58%

Correlation

The correlation between TALFX and TSWIX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Aug 6, 2012	0.79

The correlation between TALFX and TSWIX has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.

Return for Risk

TALFX vs. TSWIX — Risk / Return Rank

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

TALFX

TALFX Risk / Return Rank: 33
TALFX Sharpe Ratio Rank: 30
TALFX Sortino Ratio Rank: 29
TALFX Omega Ratio Rank: 29
TALFX Calmar Ratio Rank: 34
TALFX Martin Ratio Rank: 42

TSWIX

TSWIX Risk / Return Rank: 35
TSWIX Sharpe Ratio Rank: 36
TSWIX Sortino Ratio Rank: 36
TSWIX Omega Ratio Rank: 36
TSWIX Calmar Ratio Rank: 33
TSWIX Martin Ratio Rank: 36

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.

TALFX vs. TSWIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica Asset Allocation Long Horizon (TALFX) and Transamerica International Equity (TSWIX). 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.

	TALFX	TSWIX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.73	-0.16
Sortino ratio: Return per unit of downside risk	2.26	2.48	-0.22
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.20	2.15	+0.05
Martin ratio: Return relative to average drawdown	8.87	8.07	+0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TALFX vs. TSWIX - Sharpe Ratio Comparison

The current TALFX Sharpe Ratio is 1.57, which is comparable to the TSWIX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of TALFX and TSWIX, 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

	TALFX	TSWIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.73	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.55	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.51	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.41	+0.09

Drawdowns

TALFX vs. TSWIX - Drawdown Comparison

The maximum TALFX drawdown since its inception was -33.14%, smaller than the maximum TSWIX drawdown of -58.76%. Use the drawdown chart below to compare losses from any high point for TALFX and TSWIX.

Drawdown Indicators

	TALFX	TSWIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.14%	-58.76%	+25.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.73%	-12.07%	+3.34%
Max Drawdown (3Y) Largest decline over 3 years	-16.98%	-16.33%	-0.65%
Max Drawdown (5Y) Largest decline over 5 years	-28.87%	-30.25%	+1.38%
Max Drawdown (10Y) Largest decline over 10 years	-33.14%	-39.58%	+6.44%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.83%	-13.83%	+7.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	3.21%	-1.05%

Volatility

TALFX vs. TSWIX - Volatility Comparison

The current volatility for Transamerica Asset Allocation Long Horizon (TALFX) is 3.06%, while Transamerica International Equity (TSWIX) has a volatility of 4.16%. This indicates that TALFX experiences smaller price fluctuations and is considered to be less risky than TSWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TALFX	TSWIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	4.16%	-1.10%
Volatility (6M) Calculated over the trailing 6-month period	9.31%	12.00%	-2.69%
Volatility (1Y) Calculated over the trailing 1-year period	12.25%	15.03%	-2.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	16.53%	-0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.95%	17.37%	+1.58%

TALFX vs. TSWIX - Expense Ratio Comparison

TALFX has a 0.35% expense ratio, which is lower than TSWIX's 0.84% expense ratio.

Dividends

TALFX vs. TSWIX - Dividend Comparison

TALFX's dividend yield for the trailing twelve months is around 42.81%, more than TSWIX's 6.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TALFX Transamerica Asset Allocation Long Horizon	42.81%	46.22%	6.71%	3.03%	15.25%	13.09%	11.70%	11.90%	9.39%	1.44%	0.00%	0.00%
TSWIX Transamerica International Equity	6.82%	7.68%	3.03%	3.16%	1.12%	3.55%	1.22%	2.75%	5.56%	3.08%	1.90%	2.64%

Frequently Asked Questions

Can I hold both TALFX and TSWIX in my portfolio?

TALFX and TSWIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TALFX or TSWIX?

TSWIX has higher volatility (4.16%) compared to TALFX (3.06%). In terms of maximum drawdown, TALFX dropped -33.14% vs TSWIX's -58.76%.

Which has better risk-adjusted returns?

TSWIX currently has the higher Sharpe Ratio (1.73 vs 1.57), 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.