FTCB vs TSEC
First Trust Core Investment Grade ETF vs Touchstone Securitized Income ETF
Which is better, FTCB or TSEC?
TSEC has been ahead.
TSEC has a lower expense ratio. TSEC led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTCB | TSEC |
|---|---|---|
| Expense Ratio | 0.56% | 0.40%Best |
| AUM | $2.7B | $175M |
| Dividend Yield | 5.59% | 8.21% |
| Holdings | 1,580 | 129 |
| YTD Return | -2.74% | +1.26%Best |
| 1Y Return | -3.07% | +2.52%Best |
| 3Y Return (annualized) | +4.36% | +6.35%Best |
| Volatility (annualized) | 5.4% | 2.5%Best |
| Max Drawdown | -5.6% | -1.8%Best |
| $10,000 over 2.9 years | $11,317 | $11,925Best |
| Fund Family | First Trust Portfolios (US) | Touchstone Investments |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Nov 7, 2023 | Jul 17, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 8, 2023 to Oct 14, 2026 (2.9 years).
FTCB vs TSEC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
FTCB vs TSEC Performance
First Trust Core Investment Grade ETF (FTCB) is an ETF from First Trust Portfolios (US) and Touchstone Securitized Income ETF (TSEC) is an ETF from Touchstone Investments. Over the past year FTCB returned -3.07% while TSEC returned +2.52%. Year to date, FTCB is down 2.74% versus a gain of 1.26% for TSEC.
Over three years, FTCB compounded at +4.36% per year against +6.35% for TSEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTCB has been the more volatile fund, with annualized monthly volatility of 5.4% compared with 2.5% for TSEC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.6% for FTCB and -1.8% for TSEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FTCB charges 0.56% per year while TSEC charges 0.40%. On a $10,000 position that is $56 vs $40 annually, a gap of $16 per year that compounds over a long holding period. On income, FTCB currently yields 5.59% against 8.21% for TSEC.
Holdings Overlap
We hold position weights for 13 holdings in FTCB and 14 in TSEC, totalling 4.5% and 15.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 13 positions we hold weights for in FTCB and 14 in TSEC, against full books of 1,580 and 129.
You are not choosing between two funds in isolation.
Whichever of FTCB and TSEC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTCB or TSEC?
FTCB has an expense ratio of 0.56% while TSEC charges 0.40%. TSEC is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, FTCB or TSEC?
Over the past year FTCB returned -3.07% vs +2.52% for TSEC, so TSEC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTCB or TSEC?
FTCB has been the more volatile fund at 5.4% annualized versus 2.5% for TSEC. Worst drawdown: FTCB -5.6% vs TSEC -1.8%.
Should I hold both FTCB and TSEC?
FTCB and TSEC have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FTCB or TSEC?
FTCB yields 5.59% while TSEC yields 8.21%, so TSEC currently pays the higher dividend yield.
Is TSEC better than FTCB?
TSEC has a lower expense ratio. TSEC led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.