TMCPX vs. EISMX

Last updated Jun 23, 2026

TMCPX (Touchstone Mid Cap Fund) and EISMX (Eaton Vance Atlanta Capital SMID-Cap Fund) are both mutual funds - TMCPX is a Mid Cap Blend Equities fund managed by Touchstone, while EISMX is a Mid Cap Growth Equities fund managed by Eaton Vance. Over the past 10 years, TMCPX returned 10.97%/yr vs 9.58%/yr for EISMX. Their correlation of 0.90 suggests significant overlap in exposure. TMCPX charges 0.93%/yr vs 0.88%/yr for EISMX.

Performance

TMCPX vs. EISMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Mid Cap Fund (TMCPX) and Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMCPX achieves a 1.66% return, which is significantly higher than EISMX's -3.26% return. Over the past 10 years, TMCPX has outperformed EISMX with an annualized return of 10.97%, while EISMX has yielded a comparatively lower 9.58% annualized return.

TMCPX

• 1D: 1.98%
• 1M: 5.92%
• YTD: 1.66%
• 6M: 0.38%
• 1Y: 9.38%
• 3Y*: 9.04%
• 5Y*: 6.39%
• 10Y*: 10.97%

EISMX

• 1D: 0.39%
• 1M: -0.06%
• YTD: -3.26%
• 6M: -4.91%
• 1Y: -4.50%
• 3Y*: 5.98%
• 5Y*: 4.13%
• 10Y*: 9.58%

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

TMCPX vs. EISMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TMCPX Touchstone Mid Cap Fund	1.66%	4.87%	8.48%	27.48%	-15.62%	15.21%	12.56%	39.44%	-3.14%	20.23%
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund	-3.26%	-5.66%	17.64%	14.01%	-8.77%	22.02%	11.31%	34.37%	-5.55%	24.71%

Correlation

The correlation between TMCPX and EISMX is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 3, 2003	0.90

The correlation between TMCPX and EISMX has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.

Return for Risk

TMCPX vs. EISMX — Risk / Return Rank

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

TMCPX

TMCPX Risk / Return Rank: 7
TMCPX Sharpe Ratio Rank: 7
TMCPX Sortino Ratio Rank: 8
TMCPX Omega Ratio Rank: 7
TMCPX Calmar Ratio Rank: 8
TMCPX Martin Ratio Rank: 7

EISMX

EISMX Risk / Return Rank: 2
EISMX Sharpe Ratio Rank: 2
EISMX Sortino Ratio Rank: 2
EISMX Omega Ratio Rank: 2
EISMX Calmar Ratio Rank: 1
EISMX Martin Ratio Rank: 1

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.

TMCPX vs. EISMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Mid Cap Fund (TMCPX) and Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX). 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.

	TMCPX	EISMX	Difference
Sharpe ratio: Return per unit of total volatility	0.57	-0.30	+0.86
Sortino ratio: Return per unit of downside risk	0.95	-0.33	+1.28
Omega ratio: Gain probability vs. loss probability	1.11	0.96	+0.14
Calmar ratio: Return relative to maximum drawdown	0.70	-0.31	+1.02
Martin ratio: Return relative to average drawdown	1.86	-0.59	+2.44

TMCPX vs. EISMX - Sharpe Ratio Comparison

The current TMCPX Sharpe Ratio is 0.57, which is higher than the EISMX Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of TMCPX and EISMX, 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

TMCPX vs. EISMX - Drawdown Comparison

The maximum TMCPX drawdown since its inception was -58.03%, which is greater than EISMX's maximum drawdown of -45.32%. Use the drawdown chart below to compare losses from any high point for TMCPX and EISMX.

Drawdown Indicators

	TMCPX	EISMX	Difference
Max Drawdown Largest peak-to-trough decline	-58.03%	-45.32%	-12.71%
Max Drawdown (1Y) Largest decline over 1 year	-13.48%	-14.66%	+1.18%
Max Drawdown (3Y) Largest decline over 3 years	-21.47%	-19.39%	-2.08%
Max Drawdown (5Y) Largest decline over 5 years	-21.47%	-19.81%	-1.66%
Max Drawdown (10Y) Largest decline over 10 years	-35.54%	-39.95%	+4.41%
Current Drawdown Current decline from peak	-4.44%	-14.00%	+9.56%
Average Drawdown Average peak-to-trough decline	-9.61%	-5.84%	-3.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	7.77%	-2.66%

Volatility

TMCPX vs. EISMX - Volatility Comparison

Touchstone Mid Cap Fund (TMCPX) has a higher volatility of 5.20% compared to Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX) at 4.58%. This indicates that TMCPX's price experiences larger fluctuations and is considered to be riskier than EISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMCPX	EISMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	4.58%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	13.26%	11.48%	+1.78%
Volatility (1Y) Calculated over the trailing 1-year period	16.80%	15.54%	+1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.94%	17.16%	+0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.54%	18.88%	-0.34%

TMCPX vs. EISMX - Expense Ratio Comparison

TMCPX has a 0.93% expense ratio, which is higher than EISMX's 0.88% expense ratio.

Dividends

TMCPX vs. EISMX - Dividend Comparison

TMCPX's dividend yield for the trailing twelve months is around 2.17%, less than EISMX's 6.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund	6.64%	6.43%	7.26%	2.78%	10.37%	10.49%	9.80%	6.52%	7.20%	3.30%	3.58%	6.70%
TMCPX Touchstone Mid Cap Fund	2.17%	2.20%	2.52%	0.92%	1.43%	2.80%	1.93%	5.18%	3.95%	1.10%	0.58%	0.06%

Frequently Asked Questions

Can I hold both TMCPX and EISMX in my portfolio?

TMCPX and EISMX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMCPX or EISMX?

TMCPX has higher volatility (5.20%) compared to EISMX (4.58%). In terms of maximum drawdown, TMCPX dropped -58.03% vs EISMX's -45.32%.

Which has better risk-adjusted returns?

TMCPX currently has the higher Sharpe Ratio (0.57 vs -0.30), 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.