TEGAX vs. TEQAX

Last updated Jun 5, 2026

TEGAX (Touchstone Mid Cap Growth Fund) and TEQAX (Touchstone Global ESG Equity Fund) are both mutual funds - TEGAX is a Mid Cap Growth Equities fund managed by Touchstone, while TEQAX is a Foreign Large Cap Equities fund managed by Touchstone. Over the past 10 years, TEGAX returned 13.85%/yr vs 11.80%/yr for TEQAX. Their correlation of 0.83 suggests significant overlap in exposure. TEGAX charges 1.21%/yr vs 1.16%/yr for TEQAX.

Performance

TEGAX vs. TEQAX - Performance Comparison

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

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with TEGAX at 12.55% and TEQAX at 12.55%. Over the past 10 years, TEGAX has outperformed TEQAX with an annualized return of 13.85%, while TEQAX has yielded a comparatively lower 11.80% 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%

TEQAX

• 1D: -0.52%
• 1M: 6.05%
• YTD: 12.55%
• 6M: 13.79%
• 1Y: 24.97%
• 3Y*: 20.34%
• 5Y*: 10.27%
• 10Y*: 11.80%

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

TEGAX vs. TEQAX - 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%
TEQAX Touchstone Global ESG Equity Fund	12.55%	29.86%	8.94%	23.45%	-17.07%	11.86%	14.44%	23.18%	-9.72%	25.74%

Correlation

The correlation between TEGAX and TEQAX is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 5, 1998	0.83

The correlation between TEGAX and TEQAX shifts across timeframes, from 0.69 (3 years) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TEGAX vs. TEQAX — 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

TEQAX

TEQAX Risk / Return Rank: 34
TEQAX Sharpe Ratio Rank: 32
TEQAX Sortino Ratio Rank: 31
TEQAX Omega Ratio Rank: 31
TEQAX Calmar Ratio Rank: 37
TEQAX Martin Ratio Rank: 40

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. TEQAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Mid Cap Growth Fund (TEGAX) and Touchstone Global ESG Equity Fund (TEQAX). 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	TEQAX	Difference
Sharpe ratio: Return per unit of total volatility	1.04	1.61	-0.57
Sortino ratio: Return per unit of downside risk	1.60	2.30	-0.71
Omega ratio: Gain probability vs. loss probability	1.18	1.29	-0.11
Calmar ratio: Return relative to maximum drawdown	1.65	2.29	-0.63
Martin ratio: Return relative to average drawdown	5.19	8.58	-3.39
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. TEQAX - Sharpe Ratio Comparison

The current TEGAX Sharpe Ratio is 1.04, which is lower than the TEQAX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of TEGAX and TEQAX, 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	TEQAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	1.61	-0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.56	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.65	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.43	+0.17

Drawdowns

TEGAX vs. TEQAX - Drawdown Comparison

The maximum TEGAX drawdown since its inception was -53.30%, smaller than the maximum TEQAX drawdown of -61.14%. Use the drawdown chart below to compare losses from any high point for TEGAX and TEQAX.

Drawdown Indicators

	TEGAX	TEQAX	Difference
Max Drawdown Largest peak-to-trough decline	-53.30%	-61.14%	+7.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.89%	-11.23%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	-27.79%	-14.29%	-13.50%
Max Drawdown (5Y) Largest decline over 5 years	-41.38%	-35.95%	-5.43%
Max Drawdown (10Y) Largest decline over 10 years	-41.38%	-35.95%	-5.43%
Current Drawdown Current decline from peak	-0.90%	-0.52%	-0.38%
Average Drawdown Average peak-to-trough decline	-9.23%	-17.80%	+8.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	2.99%	+0.48%

Volatility

TEGAX vs. TEQAX - Volatility Comparison

Touchstone Mid Cap Growth Fund (TEGAX) and Touchstone Global ESG Equity Fund (TEQAX) have volatilities of 5.01% and 5.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEGAX	TEQAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	5.19%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	13.85%	13.12%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	17.32%	15.97%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	18.55%	+6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.20%	18.17%	+5.03%

TEGAX vs. TEQAX - Expense Ratio Comparison

TEGAX has a 1.21% expense ratio, which is higher than TEQAX's 1.16% expense ratio.

Dividends

TEGAX vs. TEQAX - Dividend Comparison

TEGAX's dividend yield for the trailing twelve months is around 10.13%, more than TEQAX's 3.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
TEQAX Touchstone Global ESG Equity Fund	3.91%	4.40%	3.51%	1.46%	7.21%	12.19%	0.33%	3.80%	10.50%	13.02%	0.55%	51.95%

Frequently Asked Questions

Can I hold both TEGAX and TEQAX in my portfolio?

TEGAX and TEQAX have a correlation of 0.70, 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 TEQAX?

TEQAX has higher volatility (5.19%) compared to TEGAX (5.01%). In terms of maximum drawdown, TEGAX dropped -53.30% vs TEQAX's -61.14%.

Which has better risk-adjusted returns?

TEQAX currently has the higher Sharpe Ratio (1.61 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.