TEQAX vs. SWISX

Last updated Jun 24, 2026

TEQAX (Touchstone Global ESG Equity Fund) and SWISX (Schwab International Index Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, TEQAX returned 12.64%/yr vs 10.17%/yr for SWISX. A 0.70 correlation means they provide meaningful diversification when combined. TEQAX charges 1.16%/yr vs 0.06%/yr for SWISX.

Performance

TEQAX vs. SWISX - Performance Comparison

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

Returns By Period

In the year-to-date period, TEQAX achieves a 14.97% return, which is significantly higher than SWISX's 10.79% return. Over the past 10 years, TEQAX has outperformed SWISX with an annualized return of 12.64%, while SWISX has yielded a comparatively lower 10.17% annualized return.

TEQAX

• 1D: -0.23%
• 1M: 6.23%
• YTD: 14.97%
• 6M: 14.99%
• 1Y: 28.96%
• 3Y*: 21.36%
• 5Y*: 11.11%
• 10Y*: 12.64%

SWISX

• 1D: 0.19%
• 1M: 2.18%
• YTD: 10.79%
• 6M: 10.26%
• 1Y: 24.58%
• 3Y*: 17.53%
• 5Y*: 9.24%
• 10Y*: 10.17%

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

TEQAX vs. SWISX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TEQAX Touchstone Global ESG Equity Fund	14.97%	29.86%	8.94%	23.45%	-17.07%	11.86%	14.44%	23.18%	-9.72%	25.74%
SWISX Schwab International Index Fund	10.79%	31.59%	3.54%	18.13%	-14.30%	11.25%	8.14%	21.87%	-13.38%	25.32%

Correlation

The correlation between TEQAX and SWISX is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 2, 1998	0.70

Over the past year, TEQAX and SWISX have become more correlated (0.93) than their long-term average of 0.70, meaning their price movements have been converging.

Return for Risk

TEQAX vs. SWISX — Risk / Return Rank

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

TEQAX

TEQAX Risk / Return Rank: 44
TEQAX Sharpe Ratio Rank: 41
TEQAX Sortino Ratio Rank: 39
TEQAX Omega Ratio Rank: 39
TEQAX Calmar Ratio Rank: 51
TEQAX Martin Ratio Rank: 50

SWISX

SWISX Risk / Return Rank: 38
SWISX Sharpe Ratio Rank: 38
SWISX Sortino Ratio Rank: 36
SWISX Omega Ratio Rank: 36
SWISX Calmar Ratio Rank: 39
SWISX Martin Ratio Rank: 42

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.

TEQAX vs. SWISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Global ESG Equity Fund (TEQAX) and Schwab International Index Fund (SWISX). 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.

	TEQAX	SWISX	Difference
Sharpe ratio: Return per unit of total volatility	1.73	1.64	+0.08
Sortino ratio: Return per unit of downside risk	2.42	2.33	+0.09
Omega ratio: Gain probability vs. loss probability	1.31	1.30	+0.01
Calmar ratio: Return relative to maximum drawdown	2.62	2.25	+0.37
Martin ratio: Return relative to average drawdown	9.71	8.43	+1.28

TEQAX vs. SWISX - Sharpe Ratio Comparison

The current TEQAX Sharpe Ratio is 1.73, which is comparable to the SWISX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of TEQAX and SWISX, 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

TEQAX vs. SWISX - Drawdown Comparison

The maximum TEQAX drawdown since its inception was -61.14%, roughly equal to the maximum SWISX drawdown of -60.65%. Use the drawdown chart below to compare losses from any high point for TEQAX and SWISX.

Drawdown Indicators

	TEQAX	SWISX	Difference
Max Drawdown Largest peak-to-trough decline	-61.14%	-60.65%	-0.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-11.39%	+0.16%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-13.68%	-0.61%
Max Drawdown (5Y) Largest decline over 5 years	-35.95%	-29.42%	-6.53%
Max Drawdown (10Y) Largest decline over 10 years	-35.95%	-33.83%	-2.12%
Current Drawdown Current decline from peak	-0.23%	0.00%	-0.23%
Average Drawdown Average peak-to-trough decline	-17.77%	-14.78%	-2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	3.04%	-0.02%

Volatility

TEQAX vs. SWISX - Volatility Comparison

Touchstone Global ESG Equity Fund (TEQAX) has a higher volatility of 6.99% compared to Schwab International Index Fund (SWISX) at 4.84%. This indicates that TEQAX's price experiences larger fluctuations and is considered to be riskier than SWISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEQAX	SWISX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.99%	4.84%	+2.15%
Volatility (6M) Calculated over the trailing 6-month period	14.46%	12.98%	+1.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.08%	15.63%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.74%	16.37%	+2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	16.86%	+1.40%

TEQAX vs. SWISX - Expense Ratio Comparison

TEQAX has a 1.16% expense ratio, which is higher than SWISX's 0.06% expense ratio.

Dividends

TEQAX vs. SWISX - Dividend Comparison

TEQAX's dividend yield for the trailing twelve months is around 3.82%, more than SWISX's 3.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWISX Schwab International Index Fund	3.20%	3.55%	3.29%	3.31%	2.73%	3.34%	1.88%	3.09%	3.15%	2.71%	3.19%	2.71%
TEQAX Touchstone Global ESG Equity Fund	3.82%	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 TEQAX and SWISX in my portfolio?

With a correlation of 0.93, TEQAX and SWISX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TEQAX or SWISX?

TEQAX has higher volatility (6.99%) compared to SWISX (4.84%). In terms of maximum drawdown, TEQAX dropped -61.14% vs SWISX's -60.65%.

Which has better risk-adjusted returns?

TEQAX currently has the higher Sharpe Ratio (1.73 vs 1.64), 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.