TUSI vs. TLCI

Last updated Jun 24, 2026

TUSI (Touchstone Ultra Short Income ETF) and TLCI (Touchstone International Equity ETF) are both exchange-traded funds - TUSI is a Ultrashort Bond fund actively managed by Touchstone, while TLCI is a Foreign Large Cap Equities fund actively managed by Touchstone. Both are actively managed. Over the past year, TUSI returned 4.56% vs 1.24% for TLCI. At a 0.15 correlation, their price movements are largely independent. TUSI charges 0.25%/yr vs 0.37%/yr for TLCI.

Performance

TUSI vs. TLCI - Performance Comparison

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

Returns By Period

In the year-to-date period, TUSI achieves a 1.78% return, which is significantly higher than TLCI's 0.02% return.

TUSI

• 1D: 0.06%
• 1M: 0.12%
• YTD: 1.78%
• 6M: 1.88%
• 1Y: 4.56%
• 3Y*: 5.74%
• 5Y*: —
• 10Y*: —

TLCI

• 1D: -0.26%
• 1M: 1.05%
• YTD: 0.02%
• 6M: -0.16%
• 1Y: 1.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TUSI vs. TLCI - Yearly Performance Comparison

	2026 (YTD)	2025
TUSI Touchstone Ultra Short Income ETF	1.78%	4.10%
TLCI Touchstone International Equity ETF	0.02%	4.35%

Correlation

The correlation between TUSI and TLCI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Mar 5, 2025	0.15

Return for Risk

TUSI vs. TLCI — 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: 99
TUSI Martin Ratio Rank: 99

TLCI

TLCI Risk / Return Rank: 10
TLCI Sharpe Ratio Rank: 10
TLCI Sortino Ratio Rank: 9
TLCI Omega Ratio Rank: 9
TLCI Calmar Ratio Rank: 10
TLCI Martin Ratio Rank: 10

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. TLCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Ultra Short Income ETF (TUSI) and Touchstone International Equity ETF (TLCI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TUSI	TLCI	Difference
Sharpe ratio: Return per unit of total volatility	4.42	0.09	+4.33
Sortino ratio: Return per unit of downside risk	7.55	0.23	+7.32
Omega ratio: Gain probability vs. loss probability	2.11	1.03	+1.08
Calmar ratio: Return relative to maximum drawdown	19.45	0.11	+19.34
Martin ratio: Return relative to average drawdown	82.00	0.32	+81.68

TUSI vs. TLCI - Sharpe Ratio Comparison

The current TUSI Sharpe Ratio is 4.42, which is higher than the TLCI Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of TUSI and TLCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TUSI vs. TLCI - Drawdown Comparison

The maximum TUSI drawdown since its inception was -0.40%, smaller than the maximum TLCI drawdown of -12.15%. Use the drawdown chart below to compare losses from any high point for TUSI and TLCI.

Drawdown Indicators

	TUSI	TLCI	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-12.15%	+11.75%
Max Drawdown (1Y) Largest decline over 1 year	-0.24%	-11.83%	+11.59%
Max Drawdown (3Y) Largest decline over 3 years	-0.39%	—	—
Current Drawdown Current decline from peak	0.00%	-3.94%	+3.94%
Average Drawdown Average peak-to-trough decline	-0.04%	-2.85%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	3.88%	-3.82%

Volatility

TUSI vs. TLCI - Volatility Comparison

The current volatility for Touchstone Ultra Short Income ETF (TUSI) is 0.37%, while Touchstone International Equity ETF (TLCI) has a volatility of 3.41%. This indicates that TUSI experiences smaller price fluctuations and is considered to be less risky than TLCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TUSI	TLCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.37%	3.41%	-3.04%
Volatility (6M) Calculated over the trailing 6-month period	0.67%	11.24%	-10.57%
Volatility (1Y) Calculated over the trailing 1-year period	1.04%	13.40%	-12.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.96%	15.66%	-14.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.96%	15.66%	-14.70%

TUSI vs. TLCI - Expense Ratio Comparison

TUSI has a 0.25% expense ratio, which is lower than TLCI's 0.37% expense ratio.

Dividends

TUSI vs. TLCI - Dividend Comparison

TUSI's dividend yield for the trailing twelve months is around 4.56%, more than TLCI's 0.60% yield.

Position	TTM	2025	2024	2023	2022
TLCI Touchstone International Equity ETF	0.60%	0.60%	0.00%	0.00%	0.00%
TUSI Touchstone Ultra Short Income ETF	4.56%	4.85%	5.50%	5.41%	1.38%

Frequently Asked Questions

Can I hold both TUSI and TLCI in my portfolio?

TUSI and TLCI have a correlation of 0.18, 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 TLCI?

TLCI has higher volatility (3.41%) compared to TUSI (0.37%). In terms of maximum drawdown, TUSI dropped -0.40% vs TLCI's -12.15%.

Which ETF is better, TUSI or TLCI?

On 1-year performance, TUSI leads with 4.56% vs 1.24% for TLCI. On fees, TUSI is cheaper at 0.25% per year. On volatility, TUSI has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUSI or TLCI?

Over the 1-year period, TUSI has performed better with a 4.56% return vs 1.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUSI or TLCI?

TUSI is cheaper with a 0.25% expense ratio, compared with 0.37% for TLCI.

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

TUSI has the higher dividend yield at 4.56%, compared with 0.60% for TLCI.

What is the main difference between TUSI and TLCI?

TUSI is categorized as Ultrashort Bond, while TLCI is Foreign Large Cap Equities. Their fees differ too: 0.25% for TUSI and 0.37% for TLCI.

Which has better risk-adjusted returns?

TUSI currently has the higher Sharpe Ratio (4.42 vs 0.09), 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.