TLG vs. QWLD
TLG (Touchstone Large Company Growth ETF) and QWLD (SPDR MSCI World StrategicFactors ETF) are both Large Cap Growth Equities funds. TLG is actively managed, while QWLD is passively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. TLG charges 0.67%/yr vs 0.30%/yr for QWLD.
Performance
TLG vs. QWLD - Performance Comparison
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Returns By Period
TLG
- 1D
- 2.60%
- 1M
- 6.83%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QWLD
- 1D
- 1.39%
- 1M
- 3.65%
- 6M
- 7.82%
- YTD
- 11.57%
- 1Y
- 19.98%
- 3Y*
- 16.97%
- 5Y*
- 10.27%
- 10Y*
- 11.79%
- ALL TIME*
- 10.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $271.51K | $292.32K | $1.06M | |
| $169.84K | $227.64K | $177.78K |
TLG vs. QWLD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TLG Touchstone Large Company Growth ETF | 14.33% |
QWLD SPDR MSCI World StrategicFactors ETF | 10.93% |
Correlation
The correlation between TLG and QWLD is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026 | 0.61 |
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Return for Risk
TLG vs. QWLD — Risk / Return Rank
TLG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QWLD
TLG vs. QWLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Large Company Growth ETF (TLG) and SPDR MSCI World StrategicFactors ETF (QWLD). 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.
| TLG | QWLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.62 | — |
| Martin ratioReturn relative to average drawdown | — | 11.45 | — |
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Drawdowns
TLG vs. QWLD - Drawdown Comparison
The maximum TLG drawdown since its inception was -11.79%, smaller than the maximum QWLD drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for TLG and QWLD.
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Drawdown Indicators
| TLG | QWLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.79% | -31.89% | +20.10% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.89% | — |
Current DrawdownCurrent decline from peak | -0.74% | 0.00% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -3.66% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.75% | — |
Volatility
TLG vs. QWLD - Volatility Comparison
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Volatility by Period
| TLG | QWLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.19% | 9.77% | +14.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.19% | 13.52% | +10.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.19% | 15.13% | +9.06% |
TLG vs. QWLD - Expense Ratio Comparison
TLG has a 0.67% expense ratio, which is higher than QWLD's 0.30% expense ratio.
Dividends
TLG vs. QWLD - Dividend Comparison
TLG has not paid dividends to shareholders, while QWLD's dividend yield for the trailing twelve months is around 1.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QWLD SPDR MSCI World StrategicFactors ETF | 1.75% | 1.85% | 1.74% | 1.78% | 2.02% | 1.77% | 1.77% | 2.13% | 2.33% | 2.73% | 2.22% | 3.42% |
TLG Touchstone Large Company Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TLG and QWLD have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QWLD is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QWLD is cheaper with a 0.30% expense ratio, compared with 0.67% for TLG.
QWLD has the higher dividend yield at 1.75%, compared with 0.00% for TLG.
They also come from different issuers: Touchstone and State Street. Their fees differ too: 0.67% for TLG and 0.30% for QWLD.
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