TUSI vs. FUSI

Last updated Jun 3, 2026

TUSI (Touchstone Ultra Short Income ETF) and FUSI (American Century Multisector Floating Income ETF) are both Ultrashort Bond funds. Both are actively managed. Over the past 3 years, TUSI returned 5.80%/yr vs 5.97%/yr for FUSI. At a 0.18 correlation, their price movements are largely independent. TUSI charges 0.25%/yr vs 0.28%/yr for FUSI.

Performance

TUSI vs. FUSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Ultra Short Income ETF (TUSI) and American Century Multisector Floating Income ETF (FUSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TUSI achieves a 1.64% return, which is significantly lower than FUSI's 2.41% return.

TUSI

• 1D: 0.06%
• 1M: 0.36%
• YTD: 1.64%
• 6M: 2.01%
• 1Y: 4.73%
• 3Y*: 5.80%
• 5Y*: —
• 10Y*: —

FUSI

• 1D: 0.01%
• 1M: 0.77%
• YTD: 2.41%
• 6M: 2.73%
• 1Y: 5.47%
• 3Y*: 5.97%
• 5Y*: —
• 10Y*: —

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

TUSI vs. FUSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TUSI Touchstone Ultra Short Income ETF	1.64%	5.09%	6.51%	5.23%
FUSI American Century Multisector Floating Income ETF	2.41%	4.85%	6.19%	5.89%

Correlation

The correlation between TUSI and FUSI is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023	0.18

Return for Risk

TUSI vs. FUSI — Risk / Return Rank

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

TUSI

TUSI Risk / Return Rank: 98
TUSI Sharpe Ratio Rank: 97
TUSI Sortino Ratio Rank: 98
TUSI Omega Ratio Rank: 98
TUSI Calmar Ratio Rank: 98
TUSI Martin Ratio Rank: 98

FUSI

FUSI Risk / Return Rank: 98
FUSI Sharpe Ratio Rank: 98
FUSI Sortino Ratio Rank: 99
FUSI Omega Ratio Rank: 99
FUSI Calmar Ratio Rank: 97
FUSI Martin Ratio Rank: 99

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.

TUSI vs. FUSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Ultra Short Income ETF (TUSI) and American Century Multisector Floating Income ETF (FUSI). 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.

	TUSI	FUSI	Difference
Sharpe ratio Return per unit of total volatility	4.59	6.11	-1.52
Sortino ratio Return per unit of downside risk	7.87	9.42	-1.56
Omega ratio Gain probability vs. loss probability	2.17	3.02	-0.85
Calmar ratio Return relative to maximum drawdown	19.72	12.38	+7.34
Martin ratio Return relative to average drawdown	84.17	92.17	-8.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TUSI vs. FUSI - Sharpe Ratio Comparison

The current TUSI Sharpe Ratio is 4.59, which is comparable to the FUSI Sharpe Ratio of 6.11. The chart below compares the historical Sharpe Ratios of TUSI and FUSI, 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

	TUSI	FUSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.59	6.11	-1.52
Sharpe Ratio (All Time) Calculated using the full available price history	5.62	5.58	+0.04

Drawdowns

TUSI vs. FUSI - Drawdown Comparison

The maximum TUSI drawdown since its inception was -0.40%, smaller than the maximum FUSI drawdown of -0.70%. Use the drawdown chart below to compare losses from any high point for TUSI and FUSI.

Drawdown Indicators

	TUSI	FUSI	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-0.70%	+0.30%
Max Drawdown (1Y) Largest decline over 1 year	-0.24%	-0.45%	+0.21%
Max Drawdown (3Y) Largest decline over 3 years	-0.39%	-0.70%	+0.31%
Current Drawdown Current decline from peak	-0.02%	-0.01%	-0.01%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.04%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	0.06%	0.00%

Volatility

TUSI vs. FUSI - Volatility Comparison

Touchstone Ultra Short Income ETF (TUSI) has a higher volatility of 0.39% compared to American Century Multisector Floating Income ETF (FUSI) at 0.25%. This indicates that TUSI's price experiences larger fluctuations and is considered to be riskier than FUSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TUSI	FUSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.39%	0.25%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	0.66%	0.61%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	1.04%	0.90%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.96%	1.09%	-0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.96%	1.09%	-0.13%

TUSI vs. FUSI - Expense Ratio Comparison

TUSI has a 0.25% expense ratio, which is lower than FUSI's 0.28% expense ratio.

Dividends

TUSI vs. FUSI - Dividend Comparison

TUSI's dividend yield for the trailing twelve months is around 4.57%, less than FUSI's 4.85% yield.

Position	TTM	2025	2024	2023	2022
FUSI American Century Multisector Floating Income ETF	4.85%	5.28%	5.98%	4.97%	0.00%
TUSI Touchstone Ultra Short Income ETF	4.57%	4.85%	5.50%	5.41%	1.38%

Frequently Asked Questions

Can I hold both TUSI and FUSI in my portfolio?

TUSI and FUSI have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TUSI or FUSI?

TUSI has higher volatility (0.39%) compared to FUSI (0.25%). In terms of maximum drawdown, TUSI dropped -0.40% vs FUSI's -0.70%.

Which ETF is better, TUSI or FUSI?

On 3-year performance, FUSI leads with 5.97% vs 5.80% for TUSI. On fees, TUSI is cheaper at 0.25% per year. On volatility, FUSI has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUSI or FUSI?

Over the 3-year period, FUSI has performed better with a 5.97% return vs 5.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUSI or FUSI?

TUSI is cheaper with a 0.25% expense ratio, compared with 0.28% for FUSI.

Which ETF pays a higher dividend yield, TUSI or FUSI?

FUSI has the higher dividend yield at 4.85%, compared with 4.57% for TUSI.

What is the main difference between TUSI and FUSI?

They also come from different issuers: Touchstone and American Century. Their fees differ too: 0.25% for TUSI and 0.28% for FUSI.

Which has better risk-adjusted returns?

FUSI currently has the higher Sharpe Ratio (6.11 vs 4.59), 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.