TSEGX vs. SAGWX

Last updated Jun 4, 2026

TSEGX (Touchstone Sands Capital Emerging Markets Growth Fund) and SAGWX (Touchstone Small Company Fund) are both mutual funds - TSEGX is a Emerging Markets Diversified fund managed by Touchstone, while SAGWX is a Small Cap Blend Equities fund managed by Touchstone. Over the past 10 years, TSEGX returned 8.81%/yr vs 11.53%/yr for SAGWX. A 0.58 correlation means they provide meaningful diversification when combined. TSEGX charges 1.23%/yr vs 1.17%/yr for SAGWX.

Performance

TSEGX vs. SAGWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Sands Capital Emerging Markets Growth Fund (TSEGX) and Touchstone Small Company Fund (SAGWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSEGX achieves a 24.39% return, which is significantly higher than SAGWX's 6.61% return. Over the past 10 years, TSEGX has underperformed SAGWX with an annualized return of 8.81%, while SAGWX has yielded a comparatively higher 11.53% annualized return.

TSEGX

• 1D: 1.09%
• 1M: 9.90%
• YTD: 24.39%
• 6M: 24.90%
• 1Y: 34.08%
• 3Y*: 16.54%
• 5Y*: -0.23%
• 10Y*: 8.81%

SAGWX

• 1D: -0.15%
• 1M: 2.80%
• YTD: 6.61%
• 6M: 5.37%
• 1Y: 19.02%
• 3Y*: 14.18%
• 5Y*: 6.61%
• 10Y*: 11.53%

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

TSEGX vs. SAGWX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSEGX Touchstone Sands Capital Emerging Markets Growth Fund	24.39%	20.40%	2.76%	11.01%	-34.75%	-10.02%	52.33%	27.56%	-13.28%	38.48%
SAGWX Touchstone Small Company Fund	6.61%	9.58%	13.32%	15.71%	-14.64%	22.83%	17.58%	29.44%	-8.42%	17.32%

Correlation

The correlation between TSEGX and SAGWX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 14, 2014	0.58

The correlation between TSEGX and SAGWX shifts across timeframes, from 0.49 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TSEGX vs. SAGWX — Risk / Return Rank

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

TSEGX

TSEGX Risk / Return Rank: 41
TSEGX Sharpe Ratio Rank: 38
TSEGX Sortino Ratio Rank: 34
TSEGX Omega Ratio Rank: 39
TSEGX Calmar Ratio Rank: 46
TSEGX Martin Ratio Rank: 47

SAGWX

SAGWX Risk / Return Rank: 25
SAGWX Sharpe Ratio Rank: 22
SAGWX Sortino Ratio Rank: 23
SAGWX Omega Ratio Rank: 20
SAGWX Calmar Ratio Rank: 31
SAGWX Martin Ratio Rank: 30

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.

TSEGX vs. SAGWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Sands Capital Emerging Markets Growth Fund (TSEGX) and Touchstone Small Company Fund (SAGWX). 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.

	TSEGX	SAGWX	Difference
Sharpe ratio Return per unit of total volatility	1.78	1.33	+0.45
Sortino ratio Return per unit of downside risk	2.45	1.99	+0.46
Omega ratio Gain probability vs. loss probability	1.33	1.23	+0.10
Calmar ratio Return relative to maximum drawdown	2.58	2.12	+0.46
Martin ratio Return relative to average drawdown	9.78	7.00	+2.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSEGX vs. SAGWX - Sharpe Ratio Comparison

The current TSEGX Sharpe Ratio is 1.78, which is higher than the SAGWX Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of TSEGX and SAGWX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TSEGX	SAGWX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	1.33	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.29	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.51	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.52	-0.17

Drawdowns

TSEGX vs. SAGWX - Drawdown Comparison

The maximum TSEGX drawdown since its inception was -52.81%, roughly equal to the maximum SAGWX drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for TSEGX and SAGWX.

Drawdown Indicators

	TSEGX	SAGWX	Difference
Max Drawdown Largest peak-to-trough decline	-52.81%	-51.87%	-0.94%
Max Drawdown (1Y) Largest decline over 1 year	-13.30%	-9.60%	-3.70%
Max Drawdown (3Y) Largest decline over 3 years	-17.48%	-22.69%	+5.21%
Max Drawdown (5Y) Largest decline over 5 years	-50.50%	-37.07%	-13.43%
Max Drawdown (10Y) Largest decline over 10 years	-52.81%	-41.75%	-11.06%
Current Drawdown Current decline from peak	-12.36%	-0.15%	-12.21%
Average Drawdown Average peak-to-trough decline	-19.61%	-8.88%	-10.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	2.90%	+0.60%

Volatility

TSEGX vs. SAGWX - Volatility Comparison

Touchstone Sands Capital Emerging Markets Growth Fund (TSEGX) has a higher volatility of 8.47% compared to Touchstone Small Company Fund (SAGWX) at 4.31%. This indicates that TSEGX's price experiences larger fluctuations and is considered to be riskier than SAGWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSEGX	SAGWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.47%	4.31%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	16.57%	10.32%	+6.25%
Volatility (1Y) Calculated over the trailing 1-year period	19.30%	15.32%	+3.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.37%	22.86%	-2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.32%	22.65%	-2.33%

TSEGX vs. SAGWX - Expense Ratio Comparison

TSEGX has a 1.23% expense ratio, which is higher than SAGWX's 1.17% expense ratio.

Dividends

TSEGX vs. SAGWX - Dividend Comparison

TSEGX's dividend yield for the trailing twelve months is around 0.76%, less than SAGWX's 5.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAGWX Touchstone Small Company Fund	5.46%	5.82%	6.03%	0.15%	2.57%	19.71%	0.10%	11.83%	14.83%	9.03%	8.71%	21.16%
TSEGX Touchstone Sands Capital Emerging Markets Growth Fund	0.76%	0.94%	0.18%	0.00%	0.00%	1.96%	0.00%	0.71%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSEGX and SAGWX in my portfolio?

TSEGX and SAGWX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSEGX or SAGWX?

TSEGX has higher volatility (8.47%) compared to SAGWX (4.31%). In terms of maximum drawdown, TSEGX dropped -52.81% vs SAGWX's -51.87%.

Which has better risk-adjusted returns?

TSEGX currently has the higher Sharpe Ratio (1.78 vs 1.33), 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.