TDI vs. FPXI

Last updated Jun 4, 2026

TDI (Touchstone Dynamic International ETF) and FPXI (First Trust International Equity Opportunities ETF) are both Foreign Large Cap Equities funds. TDI is actively managed, while FPXI is passively managed. Over the past year, TDI returned 42.61% vs 49.62% for FPXI. Their correlation of 0.80 suggests significant overlap in exposure. TDI charges 0.65%/yr vs 0.70%/yr for FPXI.

Performance

TDI vs. FPXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Dynamic International ETF (TDI) and First Trust International Equity Opportunities ETF (FPXI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDI achieves a 18.78% return, which is significantly lower than FPXI's 34.41% return.

TDI

• 1D: -1.13%
• 1M: 4.89%
• YTD: 18.78%
• 6M: 22.24%
• 1Y: 42.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FPXI

• 1D: -0.36%
• 1M: 13.37%
• YTD: 34.41%
• 6M: 33.60%
• 1Y: 49.62%
• 3Y*: 27.44%
• 5Y*: 4.04%
• 10Y*: 12.89%

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

TDI vs. FPXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TDI Touchstone Dynamic International ETF	18.78%	43.12%	6.39%	4.12%
FPXI First Trust International Equity Opportunities ETF	34.41%	26.37%	12.62%	2.84%

Correlation

The correlation between TDI and FPXI is 0.86, 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	0.86
Correlation (All Time) Calculated using the full available price history since Dec 12, 2023	0.80

The correlation between TDI and FPXI has been stable across timeframes, ranging from 0.80 to 0.86 - a consistent structural relationship.

TDI vs. FPXI - Sectors Allocation Comparison

Sectors	TDI	FPXI
Financial Services	21.5%	5.0%
Technology	19.1%	31.4%
Industrials	17.9%	22.6%
Energy	10.3%	2.3%
Healthcare	9.9%	11.9%
Basic Materials	9.4%	14.8%
Communication Services	5.2%	2.5%
Consumer Cyclical	4.8%	7.2%
Utilities	1.2%	0.9%
Consumer Defensive	0.6%	0.8%
Real Estate	-	0.6%

Return for Risk

TDI vs. FPXI — Risk / Return Rank

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

TDI

TDI Risk / Return Rank: 74
TDI Sharpe Ratio Rank: 76
TDI Sortino Ratio Rank: 72
TDI Omega Ratio Rank: 74
TDI Calmar Ratio Rank: 72
TDI Martin Ratio Rank: 75

FPXI

FPXI Risk / Return Rank: 63
FPXI Sharpe Ratio Rank: 63
FPXI Sortino Ratio Rank: 61
FPXI Omega Ratio Rank: 58
FPXI Calmar Ratio Rank: 68
FPXI Martin Ratio Rank: 64

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.

TDI vs. FPXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Dynamic International ETF (TDI) and First Trust International Equity Opportunities ETF (FPXI). 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.

	TDI	FPXI	Difference
Sharpe ratio: Return per unit of total volatility	2.47	2.13	+0.34
Sortino ratio: Return per unit of downside risk	3.25	2.89	+0.36
Omega ratio: Gain probability vs. loss probability	1.44	1.35	+0.08
Calmar ratio: Return relative to maximum drawdown	3.54	3.38	+0.17
Martin ratio: Return relative to average drawdown	14.18	11.66	+2.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDI vs. FPXI - Sharpe Ratio Comparison

The current TDI Sharpe Ratio is 2.47, which is comparable to the FPXI Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of TDI and FPXI, 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

	TDI	FPXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	2.13	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	0.48	+1.26

Drawdowns

TDI vs. FPXI - Drawdown Comparison

The maximum TDI drawdown since its inception was -14.99%, smaller than the maximum FPXI drawdown of -55.78%. Use the drawdown chart below to compare losses from any high point for TDI and FPXI.

Drawdown Indicators

	TDI	FPXI	Difference
Max Drawdown Largest peak-to-trough decline	-14.99%	-55.78%	+40.79%
Max Drawdown (1Y) Largest decline over 1 year	-12.09%	-14.77%	+2.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-55.78%	—
Current Drawdown Current decline from peak	-1.13%	-0.36%	-0.77%
Average Drawdown Average peak-to-trough decline	-2.21%	-20.26%	+18.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	4.27%	-1.26%

Volatility

TDI vs. FPXI - Volatility Comparison

The current volatility for Touchstone Dynamic International ETF (TDI) is 6.02%, while First Trust International Equity Opportunities ETF (FPXI) has a volatility of 8.88%. This indicates that TDI experiences smaller price fluctuations and is considered to be less risky than FPXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDI	FPXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.02%	8.88%	-2.86%
Volatility (6M) Calculated over the trailing 6-month period	14.88%	19.74%	-4.86%
Volatility (1Y) Calculated over the trailing 1-year period	17.31%	23.42%	-6.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.84%	21.57%	-4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	21.18%	-4.34%

TDI vs. FPXI - Expense Ratio Comparison

TDI has a 0.65% expense ratio, which is lower than FPXI's 0.70% expense ratio.

Dividends

TDI vs. FPXI - Dividend Comparison

TDI's dividend yield for the trailing twelve months is around 1.63%, more than FPXI's 0.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FPXI First Trust International Equity Opportunities ETF	0.59%	0.70%	0.93%	0.71%	1.13%	0.71%	0.18%	0.67%	1.75%	0.75%	2.09%	1.34%
TDI Touchstone Dynamic International ETF	1.63%	1.94%	3.39%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TDI and FPXI in my portfolio?

TDI and FPXI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDI or FPXI?

FPXI has higher volatility (8.88%) compared to TDI (6.02%). In terms of maximum drawdown, TDI dropped -14.99% vs FPXI's -55.78%.

Which ETF is better, TDI or FPXI?

On 1-year performance, FPXI leads with 49.62% vs 42.61% for TDI. On fees, TDI is cheaper at 0.65% per year. On volatility, TDI has been the lower-risk option at 6.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDI or FPXI?

Over the 1-year period, FPXI has performed better with a 49.62% return vs 42.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDI or FPXI?

TDI is cheaper with a 0.65% expense ratio, compared with 0.70% for FPXI.

Which ETF pays a higher dividend yield, TDI or FPXI?

TDI has the higher dividend yield at 1.63%, compared with 0.59% for FPXI.

What is the main difference between TDI and FPXI?

They also come from different issuers: Touchstone and First Trust. Their fees differ too: 0.65% for TDI and 0.70% for FPXI.

Which has better risk-adjusted returns?

TDI currently has the higher Sharpe Ratio (2.47 vs 2.13), 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.