TSEL vs. ILCG

Last updated Jun 4, 2026

TSEL (Touchstone Sands Capital US Select Growth ETF) and ILCG (iShares Morningstar Growth ETF) are both Large Cap Growth Equities funds. TSEL is actively managed, while ILCG is passively managed. Over the past year, TSEL returned 9.55% vs 29.51% for ILCG. Their correlation of 0.90 suggests significant overlap in exposure. TSEL charges 0.67%/yr vs 0.04%/yr for ILCG.

Performance

TSEL vs. ILCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Sands Capital US Select Growth ETF (TSEL) and iShares Morningstar Growth ETF (ILCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSEL achieves a 3.62% return, which is significantly lower than ILCG's 14.48% return.

TSEL

• 1D: -1.53%
• 1M: 4.36%
• YTD: 3.62%
• 6M: 2.58%
• 1Y: 9.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILCG

• 1D: -1.02%
• 1M: 7.68%
• YTD: 14.48%
• 6M: 14.61%
• 1Y: 29.51%
• 3Y*: 26.55%
• 5Y*: 14.95%
• 10Y*: 18.15%

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

TSEL vs. ILCG - Yearly Performance Comparison

	2026 (YTD)	2025
TSEL Touchstone Sands Capital US Select Growth ETF	3.62%	11.16%
ILCG iShares Morningstar Growth ETF	14.48%	14.53%

Correlation

The correlation between TSEL and ILCG is 0.87, 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	0.87
Correlation (All Time) Calculated using the full available price history since Jan 6, 2025	0.90

The correlation between TSEL and ILCG has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

Return for Risk

TSEL vs. ILCG — Risk / Return Rank

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

TSEL

TSEL Risk / Return Rank: 16
TSEL Sharpe Ratio Rank: 17
TSEL Sortino Ratio Rank: 16
TSEL Omega Ratio Rank: 17
TSEL Calmar Ratio Rank: 14
TSEL Martin Ratio Rank: 14

ILCG

ILCG Risk / Return Rank: 46
ILCG Sharpe Ratio Rank: 52
ILCG Sortino Ratio Rank: 49
ILCG Omega Ratio Rank: 50
ILCG Calmar Ratio Rank: 38
ILCG Martin Ratio Rank: 41

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.

TSEL vs. ILCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Sands Capital US Select Growth ETF (TSEL) and iShares Morningstar Growth ETF (ILCG). 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.

	TSEL	ILCG	Difference
Sharpe ratio: Return per unit of total volatility	0.47	1.82	-1.35
Sortino ratio: Return per unit of downside risk	0.76	2.45	-1.69
Omega ratio: Gain probability vs. loss probability	1.09	1.32	-0.22
Calmar ratio: Return relative to maximum drawdown	0.41	1.89	-1.49
Martin ratio: Return relative to average drawdown	1.01	6.68	-5.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSEL vs. ILCG - Sharpe Ratio Comparison

The current TSEL Sharpe Ratio is 0.47, which is lower than the ILCG Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of TSEL and ILCG, 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

	TSEL	ILCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	1.82	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.68	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.59	-0.19

Drawdowns

TSEL vs. ILCG - Drawdown Comparison

The maximum TSEL drawdown since its inception was -28.95%, smaller than the maximum ILCG drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for TSEL and ILCG.

Drawdown Indicators

	TSEL	ILCG	Difference
Max Drawdown Largest peak-to-trough decline	-28.95%	-52.98%	+24.03%
Max Drawdown (1Y) Largest decline over 1 year	-23.47%	-15.65%	-7.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.38%	—
Current Drawdown Current decline from peak	-5.07%	-1.02%	-4.05%
Average Drawdown Average peak-to-trough decline	-8.25%	-8.22%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.44%	4.43%	+5.01%

Volatility

TSEL vs. ILCG - Volatility Comparison

Touchstone Sands Capital US Select Growth ETF (TSEL) has a higher volatility of 4.90% compared to iShares Morningstar Growth ETF (ILCG) at 4.40%. This indicates that TSEL's price experiences larger fluctuations and is considered to be riskier than ILCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSEL	ILCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	4.40%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	15.63%	12.81%	+2.82%
Volatility (1Y) Calculated over the trailing 1-year period	20.34%	16.31%	+4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.78%	22.00%	+4.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.78%	21.53%	+5.25%

TSEL vs. ILCG - Expense Ratio Comparison

TSEL has a 0.67% expense ratio, which is higher than ILCG's 0.04% expense ratio.

Dividends

TSEL vs. ILCG - Dividend Comparison

TSEL has not paid dividends to shareholders, while ILCG's dividend yield for the trailing twelve months is around 0.40%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILCG iShares Morningstar Growth ETF	0.40%	0.47%	0.50%	0.69%	0.75%	0.34%	0.28%	0.54%	0.81%	0.89%	0.95%	0.99%
TSEL Touchstone Sands Capital US Select Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSEL and ILCG in my portfolio?

TSEL and ILCG have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSEL or ILCG?

TSEL has higher volatility (4.90%) compared to ILCG (4.40%). In terms of maximum drawdown, TSEL dropped -28.95% vs ILCG's -52.98%.

Which ETF is better, TSEL or ILCG?

On 1-year performance, ILCG leads with 29.51% vs 9.55% for TSEL. On fees, ILCG is cheaper at 0.04% per year. On volatility, ILCG has been the lower-risk option at 4.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSEL or ILCG?

Over the 1-year period, ILCG has performed better with a 29.51% return vs 9.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSEL or ILCG?

ILCG is cheaper with a 0.04% expense ratio, compared with 0.67% for TSEL.

Which ETF pays a higher dividend yield, TSEL or ILCG?

ILCG has the higher dividend yield at 0.40%, compared with 0.00% for TSEL.

What is the main difference between TSEL and ILCG?

They also come from different issuers: Touchstone and iShares. Their fees differ too: 0.67% for TSEL and 0.04% for ILCG.

Which has better risk-adjusted returns?

ILCG currently has the higher Sharpe Ratio (1.82 vs 0.47), 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.