TEQAX vs. TQCAX

Last updated Jun 3, 2026

TEQAX (Touchstone Global ESG Equity Fund) and TQCAX (Touchstone Dividend Equity Fund) are both mutual funds - TEQAX is a Foreign Large Cap Equities fund managed by Touchstone, while TQCAX is a Large Cap Value Equities fund managed by Touchstone. Over the past 3 years, TEQAX returned 20.28%/yr vs 16.62%/yr for TQCAX. A 0.77 correlation means they provide meaningful diversification when combined. TEQAX charges 1.16%/yr vs 1.04%/yr for TQCAX.

Performance

TEQAX vs. TQCAX - Performance Comparison

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

Returns By Period

In the year-to-date period, TEQAX achieves a 12.38% return, which is significantly higher than TQCAX's 10.06% return.

TEQAX

• 1D: 1.27%
• 1M: 6.16%
• YTD: 12.38%
• 6M: 14.10%
• 1Y: 24.36%
• 3Y*: 20.28%
• 5Y*: 10.31%
• 10Y*: 11.78%

TQCAX

• 1D: -0.19%
• 1M: 3.06%
• YTD: 10.06%
• 6M: 11.95%
• 1Y: 25.40%
• 3Y*: 16.62%
• 5Y*: —
• 10Y*: —

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

TEQAX vs. TQCAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TEQAX Touchstone Global ESG Equity Fund	12.38%	29.86%	8.94%	23.45%	-17.07%	2.07%
TQCAX Touchstone Dividend Equity Fund	10.06%	16.36%	12.60%	10.89%	-5.76%	8.12%

Correlation

The correlation between TEQAX and TQCAX 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	0.71
Correlation (All Time) Calculated using the full available price history since Jul 21, 2021	0.77

The correlation between TEQAX and TQCAX has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.

Return for Risk

TEQAX vs. TQCAX — Risk / Return Rank

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

TEQAX

TEQAX Risk / Return Rank: 33
TEQAX Sharpe Ratio Rank: 31
TEQAX Sortino Ratio Rank: 30
TEQAX Omega Ratio Rank: 29
TEQAX Calmar Ratio Rank: 35
TEQAX Martin Ratio Rank: 38

TQCAX

TQCAX Risk / Return Rank: 75
TQCAX Sharpe Ratio Rank: 79
TQCAX Sortino Ratio Rank: 76
TQCAX Omega Ratio Rank: 70
TQCAX Calmar Ratio Rank: 77
TQCAX Martin Ratio Rank: 72

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. TQCAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Global ESG Equity Fund (TEQAX) and Touchstone Dividend Equity Fund (TQCAX). 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.

	TEQAX	TQCAX	Difference
Sharpe ratio Return per unit of total volatility	1.62	2.58	-0.96
Sortino ratio Return per unit of downside risk	2.31	3.65	-1.34
Omega ratio Gain probability vs. loss probability	1.29	1.47	-0.18
Calmar ratio Return relative to maximum drawdown	2.25	3.51	-1.27
Martin ratio Return relative to average drawdown	8.43	13.78	-5.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TEQAX vs. TQCAX - Sharpe Ratio Comparison

The current TEQAX Sharpe Ratio is 1.62, which is lower than the TQCAX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of TEQAX and TQCAX, 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

	TEQAX	TQCAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	2.58	-0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.72	-0.29

Drawdowns

TEQAX vs. TQCAX - Drawdown Comparison

The maximum TEQAX drawdown since its inception was -61.14%, which is greater than TQCAX's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TEQAX and TQCAX.

Drawdown Indicators

	TEQAX	TQCAX	Difference
Max Drawdown Largest peak-to-trough decline	-61.14%	-18.84%	-42.30%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-7.37%	-3.86%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	-15.96%	+1.67%
Max Drawdown (5Y) Largest decline over 5 years	-35.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.95%	—	—
Current Drawdown Current decline from peak	0.00%	-0.19%	+0.19%
Average Drawdown Average peak-to-trough decline	-17.80%	-3.74%	-14.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	1.88%	+1.11%

Volatility

TEQAX vs. TQCAX - Volatility Comparison

Touchstone Global ESG Equity Fund (TEQAX) has a higher volatility of 5.26% compared to Touchstone Dividend Equity Fund (TQCAX) at 2.28%. This indicates that TEQAX's price experiences larger fluctuations and is considered to be riskier than TQCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEQAX	TQCAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.26%	2.28%	+2.98%
Volatility (6M) Calculated over the trailing 6-month period	13.11%	7.33%	+5.78%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	10.03%	+5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.55%	14.71%	+3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.17%	14.71%	+3.46%

TEQAX vs. TQCAX - Expense Ratio Comparison

TEQAX has a 1.16% expense ratio, which is higher than TQCAX's 1.04% expense ratio.

Dividends

TEQAX vs. TQCAX - Dividend Comparison

TEQAX's dividend yield for the trailing twelve months is around 3.91%, less than TQCAX's 5.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
TQCAX Touchstone Dividend Equity Fund	5.88%	6.40%	7.16%	4.69%	5.30%	2.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEQAX and TQCAX in my portfolio?

TEQAX and TQCAX 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, TEQAX or TQCAX?

TEQAX has higher volatility (5.26%) compared to TQCAX (2.28%). In terms of maximum drawdown, TEQAX dropped -61.14% vs TQCAX's -18.84%.

Which has better risk-adjusted returns?

TQCAX currently has the higher Sharpe Ratio (2.58 vs 1.62), 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.