TMCPX vs. MDY
Compare and contrast key facts about Touchstone Mid Cap Fund (TMCPX) and SPDR S&P MidCap 400 ETF (MDY).
TMCPX is managed by Touchstone. It was launched on Jan 2, 2003. MDY is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on May 4, 1995.
Performance
TMCPX vs. MDY - Performance Comparison
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TMCPX vs. MDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMCPX Touchstone Mid Cap Fund | -7.96% | 4.87% | 8.48% | 27.48% | -15.62% | 15.21% | 12.56% | 39.44% | -3.14% | 20.23% |
MDY SPDR S&P MidCap 400 ETF | 2.49% | 7.19% | 13.64% | 16.07% | -13.28% | 24.53% | 13.50% | 25.78% | -11.29% | 15.93% |
Returns By Period
In the year-to-date period, TMCPX achieves a -7.96% return, which is significantly lower than MDY's 2.49% return. Both investments have delivered pretty close results over the past 10 years, with TMCPX having a 10.15% annualized return and MDY not far ahead at 10.25%.
TMCPX
- 1D
- -0.23%
- 1M
- -11.61%
- YTD
- -7.96%
- 6M
- -5.28%
- 1Y
- 1.10%
- 3Y*
- 7.90%
- 5Y*
- 4.15%
- 10Y*
- 10.15%
MDY
- 1D
- 2.96%
- 1M
- -5.29%
- YTD
- 2.49%
- 6M
- 4.11%
- 1Y
- 17.01%
- 3Y*
- 11.76%
- 5Y*
- 6.34%
- 10Y*
- 10.25%
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TMCPX vs. MDY - Expense Ratio Comparison
TMCPX has a 0.93% expense ratio, which is higher than MDY's 0.23% expense ratio.
Return for Risk
TMCPX vs. MDY — Risk / Return Rank
TMCPX
MDY
TMCPX vs. MDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Mid Cap Fund (TMCPX) and SPDR S&P MidCap 400 ETF (MDY). 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.
| TMCPX | MDY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.09 | 0.81 | -0.72 |
Sortino ratioReturn per unit of downside risk | 0.28 | 1.28 | -1.00 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.18 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | -0.01 | 1.23 | -1.24 |
Martin ratioReturn relative to average drawdown | -0.03 | 5.28 | -5.32 |
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
| TMCPX | MDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 0.81 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.32 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.49 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.51 | -0.04 |
Correlation
The correlation between TMCPX and MDY is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TMCPX vs. MDY - Dividend Comparison
TMCPX's dividend yield for the trailing twelve months is around 2.39%, more than MDY's 1.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMCPX Touchstone Mid Cap Fund | 2.39% | 2.20% | 2.52% | 0.92% | 1.43% | 2.80% | 1.93% | 5.18% | 3.95% | 1.10% | 0.58% | 0.06% |
MDY SPDR S&P MidCap 400 ETF | 1.15% | 1.15% | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% |
Drawdowns
TMCPX vs. MDY - Drawdown Comparison
The maximum TMCPX drawdown since its inception was -58.03%, roughly equal to the maximum MDY drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for TMCPX and MDY.
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Drawdown Indicators
| TMCPX | MDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.03% | -55.33% | -2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -13.48% | -14.07% | +0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | -24.03% | +2.56% |
Max Drawdown (10Y)Largest decline over 10 years | -35.54% | -42.22% | +6.68% |
Current DrawdownCurrent decline from peak | -13.48% | -6.12% | -7.36% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -7.06% | -2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 3.27% | +0.88% |
Volatility
TMCPX vs. MDY - Volatility Comparison
The current volatility for Touchstone Mid Cap Fund (TMCPX) is 5.60%, while SPDR S&P MidCap 400 ETF (MDY) has a volatility of 6.52%. This indicates that TMCPX experiences smaller price fluctuations and is considered to be less risky than MDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TMCPX | MDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 6.52% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 11.86% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.65% | 21.09% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.63% | 19.78% | -2.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 21.17% | -2.78% |