HYSD vs TSEC
Columbia Short Duration High Yield ETF vs Touchstone Securitized Income ETF
Which is better, HYSD or TSEC?
Each has led over a different period.
TSEC has a lower expense ratio. HYSD led over the full window, TSEC over 1Y.
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 | HYSD | TSEC |
|---|---|---|
| Expense Ratio | 0.44% | 0.40%Best |
| AUM | $105M | $175M |
| Dividend Yield | 6.03% | 8.21% |
| Holdings | 575 | 129 |
| YTD Return | +0.62% | +1.26%Best |
| 1Y Return | +2.13% | +2.52%Best |
| 3Y Return (annualized) | - | +6.35% |
| Volatility (annualized) | 2.5% | 2.3%Best |
| Max Drawdown | -2.7% | -1.8%Best |
| $10,000 over 2.1 years | $10,889Best | $10,878 |
| Fund Family | Columbia Threadneedle Investments | Touchstone Investments |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Sep 5, 2024 | Jul 17, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
HYSD 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 2.1 years both funds cover.
HYSD vs TSEC Performance
Columbia Short Duration High Yield ETF (HYSD) is an ETF from Columbia Threadneedle Investments and Touchstone Securitized Income ETF (TSEC) is an ETF from Touchstone Investments. Over the past year HYSD returned +2.13% while TSEC returned +2.52%. Year to date, HYSD is up 0.62% versus a gain of 1.26% for TSEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HYSD has been the more volatile fund, with annualized monthly volatility of 2.5% compared with 2.3% 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 -2.7% for HYSD 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYSD charges 0.44% per year while TSEC charges 0.40%. On a $10,000 position that is $44 vs $40 annually, a gap of $4 per year that compounds over a long holding period. On income, HYSD currently yields 6.03% against 8.21% for TSEC.
Holdings Overlap
We hold position weights for 237 holdings in HYSD and 14 in TSEC, totalling 82.3% 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 237 positions we hold weights for in HYSD and 14 in TSEC, against full books of 575 and 129.
You are not choosing between two funds in isolation.
Whichever of HYSD 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, HYSD or TSEC?
HYSD has an expense ratio of 0.44% while TSEC charges 0.40%. TSEC is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, HYSD or TSEC?
Over the past year HYSD returned +2.13% vs +2.52% for TSEC, so TSEC leads on 1-year performance. Over the longest common window we track (2 years), HYSD annualized +4.14% vs +4.09% for TSEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYSD or TSEC?
HYSD has been the more volatile fund at 2.5% annualized versus 2.3% for TSEC. Worst drawdown: HYSD -2.7% vs TSEC -1.8%.
Should I hold both HYSD and TSEC?
HYSD and TSEC have a monthly-return correlation of 0.71, 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, HYSD or TSEC?
HYSD yields 6.03% while TSEC yields 8.21%, so TSEC currently pays the higher dividend yield.
Is TSEC better than HYSD?
TSEC has a lower expense ratio. HYSD led over the full window, TSEC over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.