TEGAX vs. SEBLX

Last updated Jun 5, 2026

TEGAX (Touchstone Mid Cap Growth Fund) and SEBLX (Touchstone Balanced Fund) are both mutual funds - TEGAX is a Mid Cap Growth Equities fund managed by Touchstone, while SEBLX is a Diversified Portfolio fund managed by Touchstone. Over the past 10 years, TEGAX returned 13.85%/yr vs 11.18%/yr for SEBLX. Their correlation of 0.82 suggests significant overlap in exposure. TEGAX charges 1.21%/yr vs 0.99%/yr for SEBLX.

Performance

TEGAX vs. SEBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Mid Cap Growth Fund (TEGAX) and Touchstone Balanced Fund (SEBLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEGAX achieves a 12.55% return, which is significantly higher than SEBLX's 2.76% return. Over the past 10 years, TEGAX has outperformed SEBLX with an annualized return of 13.85%, while SEBLX has yielded a comparatively lower 11.18% annualized return.

TEGAX

• 1D: -0.90%
• 1M: 4.08%
• YTD: 12.55%
• 6M: 10.53%
• 1Y: 17.77%
• 3Y*: 17.33%
• 5Y*: 7.64%
• 10Y*: 13.85%

SEBLX

• 1D: -0.64%
• 1M: 0.98%
• YTD: 2.76%
• 6M: 3.28%
• 1Y: 14.47%
• 3Y*: 12.24%
• 5Y*: 6.59%
• 10Y*: 11.18%

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

TEGAX vs. SEBLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TEGAX Touchstone Mid Cap Growth Fund	12.55%	9.28%	15.99%	24.20%	-26.18%	15.51%	27.10%	53.26%	-3.71%	24.17%
SEBLX Touchstone Balanced Fund	2.76%	13.59%	13.08%	18.17%	-16.16%	13.95%	18.74%	39.05%	-2.74%	15.69%

Correlation

The correlation between TEGAX and SEBLX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 4, 1995	0.82

The correlation between TEGAX and SEBLX shifts across timeframes, from 0.72 (1 year) to 0.84 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

TEGAX vs. SEBLX — Risk / Return Rank

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

TEGAX

TEGAX Risk / Return Rank: 17
TEGAX Sharpe Ratio Rank: 14
TEGAX Sortino Ratio Rank: 15
TEGAX Omega Ratio Rank: 13
TEGAX Calmar Ratio Rank: 21
TEGAX Martin Ratio Rank: 20

SEBLX

SEBLX Risk / Return Rank: 36
SEBLX Sharpe Ratio Rank: 40
SEBLX Sortino Ratio Rank: 41
SEBLX Omega Ratio Rank: 40
SEBLX Calmar Ratio Rank: 25
SEBLX Martin Ratio Rank: 35

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.

TEGAX vs. SEBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Mid Cap Growth Fund (TEGAX) and Touchstone Balanced Fund (SEBLX). 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.

	TEGAX	SEBLX	Difference
Sharpe ratio: Return per unit of total volatility	1.04	1.81	-0.77
Sortino ratio: Return per unit of downside risk	1.60	2.63	-1.03
Omega ratio: Gain probability vs. loss probability	1.18	1.33	-0.15
Calmar ratio: Return relative to maximum drawdown	1.65	1.81	-0.16
Martin ratio: Return relative to average drawdown	5.19	7.79	-2.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEGAX vs. SEBLX - Sharpe Ratio Comparison

The current TEGAX Sharpe Ratio is 1.04, which is lower than the SEBLX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of TEGAX and SEBLX, 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

	TEGAX	SEBLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	1.81	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.59	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.92	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.77	-0.17

Drawdowns

TEGAX vs. SEBLX - Drawdown Comparison

The maximum TEGAX drawdown since its inception was -53.30%, which is greater than SEBLX's maximum drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for TEGAX and SEBLX.

Drawdown Indicators

	TEGAX	SEBLX	Difference
Max Drawdown Largest peak-to-trough decline	-53.30%	-36.70%	-16.60%
Max Drawdown (1Y) Largest decline over 1 year	-10.89%	-8.30%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	-27.79%	-11.60%	-16.19%
Max Drawdown (5Y) Largest decline over 5 years	-41.38%	-22.47%	-18.91%
Max Drawdown (10Y) Largest decline over 10 years	-41.38%	-22.47%	-18.91%
Current Drawdown Current decline from peak	-0.90%	-1.06%	+0.16%
Average Drawdown Average peak-to-trough decline	-9.23%	-3.84%	-5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	1.92%	+1.55%

Volatility

TEGAX vs. SEBLX - Volatility Comparison

Touchstone Mid Cap Growth Fund (TEGAX) has a higher volatility of 5.01% compared to Touchstone Balanced Fund (SEBLX) at 2.26%. This indicates that TEGAX's price experiences larger fluctuations and is considered to be riskier than SEBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEGAX	SEBLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	2.26%	+2.75%
Volatility (6M) Calculated over the trailing 6-month period	13.85%	6.48%	+7.37%
Volatility (1Y) Calculated over the trailing 1-year period	17.32%	8.28%	+9.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	11.25%	+13.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.20%	12.19%	+11.01%

TEGAX vs. SEBLX - Expense Ratio Comparison

TEGAX has a 1.21% expense ratio, which is higher than SEBLX's 0.99% expense ratio.

Dividends

TEGAX vs. SEBLX - Dividend Comparison

TEGAX's dividend yield for the trailing twelve months is around 10.13%, more than SEBLX's 4.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEBLX Touchstone Balanced Fund	4.90%	5.03%	1.83%	1.26%	0.99%	2.74%	7.72%	24.06%	7.04%	6.00%	1.98%	5.91%
TEGAX Touchstone Mid Cap Growth Fund	10.13%	11.40%	2.97%	0.00%	2.69%	16.97%	6.67%	13.97%	8.53%	10.06%	2.59%	8.72%

Frequently Asked Questions

Can I hold both TEGAX and SEBLX in my portfolio?

TEGAX and SEBLX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEGAX or SEBLX?

TEGAX has higher volatility (5.01%) compared to SEBLX (2.26%). In terms of maximum drawdown, TEGAX dropped -53.30% vs SEBLX's -36.70%.

Which has better risk-adjusted returns?

SEBLX currently has the higher Sharpe Ratio (1.81 vs 1.04), 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.