TSEC vs. SIO

Last updated Apr 1, 2026

Compare and contrast key facts about Touchstone Securitized Income ETF (TSEC) and Touchstone Strategic Income Opportunities ETF (SIO).

TSEC and SIO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSEC is an actively managed fund by Touchstone. It was launched on Jul 17, 2023. SIO is an actively managed fund by Touchstone. It was launched on Jul 21, 2022.

Performance

TSEC vs. SIO - Performance Comparison

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

TSEC vs. SIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TSEC Touchstone Securitized Income ETF	0.25%	7.47%	7.62%	5.00%
SIO Touchstone Strategic Income Opportunities ETF	-0.09%	9.29%	6.15%	4.27%

Returns By Period

In the year-to-date period, TSEC achieves a 0.25% return, which is significantly higher than SIO's -0.09% return.

TSEC

• 1D: 0.19%
• 1M: -1.09%
• YTD: 0.25%
• 6M: 2.07%
• 1Y: 5.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIO

• 1D: 0.20%
• 1M: -2.00%
• YTD: -0.09%
• 6M: 1.50%
• 1Y: 6.42%
• 3Y*: 6.90%
• 5Y*: —
• 10Y*: —

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

TSEC vs. SIO - Expense Ratio Comparison

TSEC has a 0.40% expense ratio, which is lower than SIO's 0.65% expense ratio.

SIO

Touchstone Strategic Income Opportunities ETF

TSEC

Touchstone Securitized Income ETF

Return for Risk

TSEC vs. SIO — Risk / Return Rank

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

TSEC

TSEC Risk / Return Rank: 92
TSEC Sharpe Ratio Rank: 89
TSEC Sortino Ratio Rank: 92
TSEC Omega Ratio Rank: 93
TSEC Calmar Ratio Rank: 92
TSEC Martin Ratio Rank: 92

SIO

SIO Risk / Return Rank: 76
SIO Sharpe Ratio Rank: 74
SIO Sortino Ratio Rank: 76
SIO Omega Ratio Rank: 68
SIO Calmar Ratio Rank: 85
SIO Martin Ratio Rank: 80

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.

TSEC vs. SIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Securitized Income ETF (TSEC) 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.

	TSEC	SIO	Difference
Sharpe ratio Return per unit of total volatility	1.95	1.36	+0.58
Sortino ratio Return per unit of downside risk	2.74	1.94	+0.80
Omega ratio Gain probability vs. loss probability	1.43	1.25	+0.17
Calmar ratio Return relative to maximum drawdown	3.36	2.57	+0.78
Martin ratio Return relative to average drawdown	12.85	8.83	+4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSEC vs. SIO - Sharpe Ratio Comparison

The current TSEC Sharpe Ratio is 1.95, which is higher than the SIO Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of TSEC and SIO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TSEC	SIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.36	+0.58
Sharpe Ratio (All Time) Calculated using the full available price history	2.57	1.32	+1.25

Correlation

The correlation between TSEC and SIO is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TSEC vs. SIO - Dividend Comparison

TSEC's dividend yield for the trailing twelve months is around 7.12%, more than SIO's 6.94% yield.

	TTM	2025	2024	2023	2022
TSEC Touchstone Securitized Income ETF	7.12%	6.47%	5.83%	2.86%	0.00%
SIO Touchstone Strategic Income Opportunities ETF	6.94%	6.80%	5.30%	5.37%	3.12%

Drawdowns

TSEC vs. SIO - Drawdown Comparison

The maximum TSEC drawdown since its inception was -1.78%, smaller than the maximum SIO drawdown of -6.94%. Use the drawdown chart below to compare losses from any high point for TSEC and SIO.

Drawdown Indicators

	TSEC	SIO	Difference
Max Drawdown Largest peak-to-trough decline	-1.78%	-6.94%	+5.16%
Max Drawdown (1Y) Largest decline over 1 year	-1.78%	-2.62%	+0.84%
Current Drawdown Current decline from peak	-1.32%	-2.00%	+0.68%
Average Drawdown Average peak-to-trough decline	-0.30%	-1.25%	+0.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	0.76%	-0.30%

Volatility

TSEC vs. SIO - Volatility Comparison

The current volatility for Touchstone Securitized Income ETF (TSEC) is 1.21%, while Touchstone Strategic Income Opportunities ETF (SIO) has a volatility of 1.46%. This indicates that TSEC experiences smaller price fluctuations and is considered to be less risky than SIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSEC	SIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.21%	1.46%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	2.18%	2.99%	-0.81%
Volatility (1Y) Calculated over the trailing 1-year period	2.97%	4.73%	-1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	5.05%	-2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.96%	5.05%	-2.09%