TSEL vs. SIO

Last updated Jun 3, 2026

TSEL (Touchstone Sands Capital US Select Growth ETF) and SIO (Touchstone Strategic Income Opportunities ETF) are both exchange-traded funds - TSEL is a Large Cap Growth Equities fund actively managed by Touchstone, while SIO is a Multisector Bonds fund actively managed by Touchstone. Both are actively managed. Over the past year, TSEL returned 12.17% vs 7.19% for SIO. At a 0.20 correlation, their price movements are largely independent. TSEL charges 0.67%/yr vs 0.65%/yr for SIO.

Performance

TSEL vs. SIO - Performance Comparison

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

Returns By Period

In the year-to-date period, TSEL achieves a 5.24% return, which is significantly higher than SIO's 1.15% return.

TSEL

• 1D: -1.12%
• 1M: 6.14%
• YTD: 5.24%
• 6M: 4.08%
• 1Y: 12.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIO

• 1D: 0.24%
• 1M: 0.21%
• YTD: 1.15%
• 6M: 1.61%
• 1Y: 7.19%
• 3Y*: 7.42%
• 5Y*: —
• 10Y*: —

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

TSEL vs. SIO - Yearly Performance Comparison

	2026 (YTD)	2025
TSEL Touchstone Sands Capital US Select Growth ETF	5.24%	11.16%
SIO Touchstone Strategic Income Opportunities ETF	1.15%	8.89%

Correlation

The correlation between TSEL and SIO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 6, 2025	0.20

Return for Risk

TSEL vs. SIO — Risk / Return Rank

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

TSEL

TSEL Risk / Return Rank: 17
TSEL Sharpe Ratio Rank: 18
TSEL Sortino Ratio Rank: 17
TSEL Omega Ratio Rank: 18
TSEL Calmar Ratio Rank: 15
TSEL Martin Ratio Rank: 15

SIO

SIO Risk / Return Rank: 49
SIO Sharpe Ratio Rank: 47
SIO Sortino Ratio Rank: 50
SIO Omega Ratio Rank: 49
SIO Calmar Ratio Rank: 51
SIO Martin Ratio Rank: 47

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. SIO - Risk-Adjusted Trends Comparison

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

	TSEL	SIO	Difference
Sharpe ratio Return per unit of total volatility	0.60	1.66	-1.05
Sortino ratio Return per unit of downside risk	0.92	2.45	-1.53
Omega ratio Gain probability vs. loss probability	1.12	1.31	-0.20
Calmar ratio Return relative to maximum drawdown	0.56	2.60	-2.04
Martin ratio Return relative to average drawdown	1.40	8.01	-6.61
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. SIO - Sharpe Ratio Comparison

The current TSEL Sharpe Ratio is 0.60, which is lower than the SIO Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of TSEL and SIO, 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	SIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	1.66	-1.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.34	-0.90

Drawdowns

TSEL vs. SIO - Drawdown Comparison

The maximum TSEL drawdown since its inception was -28.95%, which is greater than SIO's maximum drawdown of -6.94%. Use the drawdown chart below to compare losses from any high point for TSEL and SIO.

Drawdown Indicators

	TSEL	SIO	Difference
Max Drawdown Largest peak-to-trough decline	-28.95%	-6.94%	-22.01%
Max Drawdown (1Y) Largest decline over 1 year	-23.47%	-2.62%	-20.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.34%	—
Current Drawdown Current decline from peak	-3.60%	-0.79%	-2.81%
Average Drawdown Average peak-to-trough decline	-8.26%	-1.25%	-7.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.44%	0.85%	+8.59%

Volatility

TSEL vs. SIO - Volatility Comparison

Touchstone Sands Capital US Select Growth ETF (TSEL) has a higher volatility of 4.55% compared to Touchstone Strategic Income Opportunities ETF (SIO) at 1.17%. This indicates that TSEL's price experiences larger fluctuations and is considered to be riskier than SIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSEL	SIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.55%	1.17%	+3.38%
Volatility (6M) Calculated over the trailing 6-month period	15.57%	2.98%	+12.59%
Volatility (1Y) Calculated over the trailing 1-year period	20.30%	4.37%	+15.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.78%	5.00%	+21.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.78%	5.00%	+21.78%

TSEL vs. SIO - Expense Ratio Comparison

TSEL has a 0.67% expense ratio, which is higher than SIO's 0.65% expense ratio.

Dividends

TSEL vs. SIO - Dividend Comparison

TSEL has not paid dividends to shareholders, while SIO's dividend yield for the trailing twelve months is around 6.91%.

Position	TTM	2025	2024	2023	2022
SIO Touchstone Strategic Income Opportunities ETF	6.91%	6.80%	5.30%	5.37%	3.12%
TSEL Touchstone Sands Capital US Select Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSEL and SIO in my portfolio?

TSEL and SIO have a correlation of 0.27, 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 SIO?

TSEL has higher volatility (4.55%) compared to SIO (1.17%). In terms of maximum drawdown, TSEL dropped -28.95% vs SIO's -6.94%.

Which ETF is better, TSEL or SIO?

On 1-year performance, TSEL leads with 12.17% vs 7.19% for SIO. On fees, SIO is cheaper at 0.65% per year. On volatility, SIO has been the lower-risk option at 1.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSEL or SIO?

Over the 1-year period, TSEL has performed better with a 12.17% return vs 7.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSEL or SIO?

SIO is cheaper with a 0.65% expense ratio, compared with 0.67% for TSEL.

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

SIO has the higher dividend yield at 6.91%, compared with 0.00% for TSEL.

What is the main difference between TSEL and SIO?

TSEL is categorized as Large Cap Growth Equities, while SIO is Multisector Bonds. Their fees differ too: 0.67% for TSEL and 0.65% for SIO.

Which has better risk-adjusted returns?

SIO currently has the higher Sharpe Ratio (1.66 vs 0.60), 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.