TLG vs. SIO

Last updated Jul 16, 2026

TLG (Touchstone Large Company Growth ETF) and SIO (Touchstone Strategic Income Opportunities ETF) are both exchange-traded funds - TLG is a Large Cap Growth Equities fund actively managed by Touchstone, while SIO is a Multisector Bonds fund actively managed by Touchstone. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. TLG charges 0.67%/yr vs 0.65%/yr for SIO.

Performance

TLG vs. SIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Large Company Growth ETF (TLG) and Touchstone Strategic Income Opportunities ETF (SIO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLG

• 1D: -0.04%
• 1M: -0.74%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIO

• 1D: 0.24%
• 1M: -0.33%
• 6M: 0.43%
• YTD: 0.87%
• 1Y: 5.76%
• 3Y*: 7.04%
• 5Y*: —
• 10Y*: —

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

TLG vs. SIO - Yearly Performance Comparison

	2026 (YTD)
TLG Touchstone Large Company Growth ETF	9.37%
SIO Touchstone Strategic Income Opportunities ETF	0.78%

Correlation

The correlation between TLG and SIO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.39

Return for Risk

TLG vs. SIO — Risk / Return Rank

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

TLG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SIO

SIO Risk / Return Rank: 49
SIO Sharpe Ratio Rank: 47
SIO Sortino Ratio Rank: 50
SIO Omega Ratio Rank: 47
SIO Calmar Ratio Rank: 53
SIO Martin Ratio Rank: 47

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.

TLG vs. SIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Large Company Growth ETF (TLG) and Touchstone Strategic Income Opportunities ETF (SIO). 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	SIO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.37	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.21	—
Martin ratio: Return relative to average drawdown	—	6.45	—

Drawdowns

TLG vs. SIO - Drawdown Comparison

The maximum TLG drawdown since its inception was -9.38%, which is greater than SIO's maximum drawdown of -6.94%. Use the drawdown chart below to compare losses from any high point for TLG and SIO.

Drawdown Indicators

	TLG	SIO	Difference
Max Drawdown Largest peak-to-trough decline	-9.38%	-6.94%	-2.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.34%	—
Current Drawdown Current decline from peak	-5.05%	-1.06%	-3.99%
Average Drawdown Average peak-to-trough decline	-3.11%	-1.23%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.90%	—

Volatility

Volatility by Period

	TLG	SIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.83%	4.31%	+18.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.83%	4.96%	+17.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.83%	4.96%	+17.87%

TLG vs. SIO - Expense Ratio Comparison

TLG has a 0.67% expense ratio, which is higher than SIO's 0.65% expense ratio.

Dividends

TLG vs. SIO - Dividend Comparison

TLG has not paid dividends to shareholders, while SIO's dividend yield for the trailing twelve months is around 7.00%.

Position	TTM	2025	2024	2023	2022
SIO Touchstone Strategic Income Opportunities ETF	7.00%	6.80%	5.30%	5.37%	3.12%
TLG Touchstone Large Company Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TLG and SIO in my portfolio?

TLG and SIO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TLG or SIO?

On fees, SIO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TLG or SIO?

SIO is cheaper with a 0.65% expense ratio, compared with 0.67% for TLG.

Which ETF pays a higher dividend yield, TLG or SIO?

SIO has the higher dividend yield at 7.00%, compared with 0.00% for TLG.

What is the main difference between TLG and SIO?

TLG is categorized as Large Cap Growth Equities, while SIO is Multisector Bonds. Their fees differ too: 0.67% for TLG and 0.65% for SIO.