TPYAX vs. RWIIX
TPYAX (Touchstone International ESG Equity Fund) and RWIIX (Redwood AlphaFactor Tactical International Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, TPYAX returned 2.55%/yr vs 2.07%/yr for RWIIX. Their 0.53 correlation means they have sometimes moved together and sometimes differently. TPYAX charges 1.17%/yr vs 1.22%/yr for RWIIX.
Performance
TPYAX vs. RWIIX - Performance Comparison
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Returns By Period
In the year-to-date period, TPYAX achieves a -1.40% return, which is significantly lower than RWIIX's 8.02% return.
TPYAX
- 1D
- 1.80%
- 1M
- -2.19%
- 6M
- 1.44%
- YTD
- -1.40%
- 1Y
- -4.15%
- 3Y*
- 7.22%
- 5Y*
- 2.55%
- 10Y*
- 9.07%
- ALL TIME*
- 6.20%
RWIIX
- 1D
- 1.08%
- 1M
- 1.89%
- 6M
- 3.85%
- YTD
- 8.02%
- 1Y
- 18.70%
- 3Y*
- 3.06%
- 5Y*
- 2.07%
- 10Y*
- —
- ALL TIME*
- 3.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TPYAX vs. RWIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TPYAX Touchstone International ESG Equity Fund | -1.40% | 9.60% | 8.17% | 23.62% | -20.81% | 10.68% | 12.71% | 60.58% | -9.40% | 0.19% |
RWIIX Redwood AlphaFactor Tactical International Fund | 8.02% | 7.87% | -6.03% | 9.07% | -11.57% | 10.68% | 14.57% | 4.58% | -2.46% | 0.62% |
Correlation
The correlation between TPYAX and RWIIX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Dec 26, 2017 | 0.53 |
The correlation between TPYAX and RWIIX has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.
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Return for Risk
TPYAX vs. RWIIX — Risk / Return Rank
TPYAX
RWIIX
TPYAX vs. RWIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone International ESG Equity Fund (TPYAX) and Redwood AlphaFactor Tactical International Fund (RWIIX). 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.
| TPYAX | RWIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.32 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.28 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 2.48 | -2.74 |
| Martin ratioReturn relative to average drawdown | -0.62 | 6.02 | -6.65 |
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Drawdowns
TPYAX vs. RWIIX - Drawdown Comparison
The maximum TPYAX drawdown since its inception was -57.30%, which is greater than RWIIX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for TPYAX and RWIIX.
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Drawdown Indicators
| TPYAX | RWIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.30% | -20.34% | -36.96% |
Max Drawdown (1Y)Largest decline over 1 year | -23.54% | -6.94% | -16.60% |
Max Drawdown (3Y)Largest decline over 3 years | -23.78% | -20.34% | -3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -36.14% | -20.34% | -15.80% |
Max Drawdown (10Y)Largest decline over 10 years | -36.14% | — | — |
Current DrawdownCurrent decline from peak | -9.33% | -1.89% | -7.44% |
Average DrawdownAverage peak-to-trough decline | -11.84% | -7.73% | -4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.88% | 2.86% | +7.02% |
Volatility
TPYAX vs. RWIIX - Volatility Comparison
Touchstone International ESG Equity Fund (TPYAX) has a higher volatility of 5.63% compared to Redwood AlphaFactor Tactical International Fund (RWIIX) at 3.20%. This indicates that TPYAX's price experiences larger fluctuations and is considered to be riskier than RWIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TPYAX | RWIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 3.20% | +2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 17.41% | 9.42% | +7.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.35% | 11.68% | +8.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.42% | 11.70% | +7.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.56% | 10.98% | +9.58% |
TPYAX vs. RWIIX - Expense Ratio Comparison
TPYAX has a 1.17% expense ratio, which is lower than RWIIX's 1.22% expense ratio.
Dividends
TPYAX vs. RWIIX - Dividend Comparison
TPYAX's dividend yield for the trailing twelve months is around 1.08%, less than RWIIX's 8.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWIIX Redwood AlphaFactor Tactical International Fund | 8.09% | 8.74% | 0.00% | 6.82% | 1.72% | 14.15% | 6.51% | 1.84% | 0.86% | 0.02% | 0.00% | 0.00% |
TPYAX Touchstone International ESG Equity Fund | 1.08% | 1.06% | 10.22% | 4.12% | 2.32% | 7.13% | 0.34% | 46.57% | 12.62% | 4.31% | 2.46% | 10.29% |
Frequently Asked Questions
TPYAX and RWIIX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPYAX has higher volatility (5.63%) compared to RWIIX (3.20%). In terms of maximum drawdown, TPYAX dropped -57.30% vs RWIIX's -20.34%.
RWIIX currently has the higher Sharpe Ratio (1.48 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.
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