TMAYX vs. TSDOX
Compare and contrast key facts about Touchstone Ares Credit Opportunities Fund Class Y (TMAYX) and Touchstone Ultra Short Duration Fixed Income Fund (TSDOX).
TMAYX is an actively managed fund by Touchstone. It was launched on Aug 31, 2015. TSDOX is managed by Touchstone. It was launched on Mar 1, 1994.
Performance
TMAYX vs. TSDOX - Performance Comparison
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TMAYX vs. TSDOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMAYX Touchstone Ares Credit Opportunities Fund Class Y | -0.58% | 6.15% | 8.27% | 13.25% | -8.54% | 9.47% | 4.72% | 12.39% | -2.47% | 0.31% |
TSDOX Touchstone Ultra Short Duration Fixed Income Fund | 0.51% | 4.73% | 6.87% | 5.75% | -0.37% | 0.20% | 1.25% | 3.07% | 1.63% | 1.32% |
Returns By Period
In the year-to-date period, TMAYX achieves a -0.58% return, which is significantly lower than TSDOX's 0.51% return. Over the past 10 years, TMAYX has outperformed TSDOX with an annualized return of 4.39%, while TSDOX has yielded a comparatively lower 2.58% annualized return.
TMAYX
- 1D
- 0.11%
- 1M
- -1.64%
- YTD
- -0.58%
- 6M
- -0.07%
- 1Y
- 5.70%
- 3Y*
- 7.97%
- 5Y*
- 4.71%
- 10Y*
- 4.39%
TSDOX
- 1D
- 0.00%
- 1M
- -0.22%
- YTD
- 0.51%
- 6M
- 1.54%
- 1Y
- 3.96%
- 3Y*
- 5.60%
- 5Y*
- 3.45%
- 10Y*
- 2.58%
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TMAYX vs. TSDOX - Expense Ratio Comparison
TMAYX has a 0.78% expense ratio, which is higher than TSDOX's 0.69% expense ratio.
Return for Risk
TMAYX vs. TSDOX — Risk / Return Rank
TMAYX
TSDOX
TMAYX vs. TSDOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Ares Credit Opportunities Fund Class Y (TMAYX) and Touchstone Ultra Short Duration Fixed Income Fund (TSDOX). 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.
| TMAYX | TSDOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.62 | 3.07 | -1.45 |
Sortino ratioReturn per unit of downside risk | 2.23 | 10.12 | -7.90 |
Omega ratioGain probability vs. loss probability | 1.35 | 4.01 | -2.66 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 13.64 | -11.98 |
Martin ratioReturn relative to average drawdown | 7.82 | 54.32 | -46.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TMAYX | TSDOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 3.07 | -1.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.01 | 2.60 | -1.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 1.97 | -1.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 1.75 | -0.92 |
Correlation
The correlation between TMAYX and TSDOX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TMAYX vs. TSDOX - Dividend Comparison
TMAYX's dividend yield for the trailing twelve months is around 7.89%, more than TSDOX's 4.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMAYX Touchstone Ares Credit Opportunities Fund Class Y | 7.89% | 7.25% | 7.82% | 7.91% | 6.25% | 6.37% | 6.43% | 3.81% | 2.18% | 4.47% | 2.86% | 1.81% |
TSDOX Touchstone Ultra Short Duration Fixed Income Fund | 4.10% | 4.51% | 5.64% | 4.11% | 1.61% | 0.86% | 1.66% | 2.48% | 2.16% | 1.64% | 1.29% | 1.27% |
Drawdowns
TMAYX vs. TSDOX - Drawdown Comparison
The maximum TMAYX drawdown since its inception was -21.44%, which is greater than TSDOX's maximum drawdown of -5.27%. Use the drawdown chart below to compare losses from any high point for TMAYX and TSDOX.
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Drawdown Indicators
| TMAYX | TSDOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.44% | -5.27% | -16.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -0.32% | -2.85% |
Max Drawdown (5Y)Largest decline over 5 years | -13.66% | -1.50% | -12.16% |
Max Drawdown (10Y)Largest decline over 10 years | -21.44% | -5.27% | -16.17% |
Current DrawdownCurrent decline from peak | -1.91% | -0.22% | -1.69% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -0.18% | -1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 0.08% | +0.59% |
Volatility
TMAYX vs. TSDOX - Volatility Comparison
Touchstone Ares Credit Opportunities Fund Class Y (TMAYX) has a higher volatility of 1.03% compared to Touchstone Ultra Short Duration Fixed Income Fund (TSDOX) at 0.15%. This indicates that TMAYX's price experiences larger fluctuations and is considered to be riskier than TSDOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TMAYX | TSDOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 0.15% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 1.90% | 1.04% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.40% | 1.42% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.67% | 1.33% | +3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.04% | 1.31% | +3.73% |