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TLCI

GradeDNew York Stock Exchange Arca

Touchstone International Equity ETF

Active Equity · Touchstone · Inception 2025-03-03

$26.64−0.23 (−0.87%)

As of Sep 23, 2026, 1:42 PM EDT

History starts Mar 3, 2025.
Intraday session: down, 7 prints from 26.87 to 26.64. Range 26.64 to 26.87. Use the arrow keys to read each point.$26.70$26.80$26.9010 AM12 PM2 PM4 PM
Expense ratio
1.01%
Fund size
$115M
1Y return
+2.6%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$26.76
52W range
low $23.48high $28.23

The ETF.net TLCI Grade

D

29/ 100

Rank 48 of 57 in International Active Equity

Confidence Medium

Six-pillar profile for TLCI. Scores out of 100: Cost 13, Risk 38, Mission not scored, Tradability 52, Holdings 32, Durability 39. Strongest: Tradability (52). Weakest: Cost (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 29 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 13
    Category rank50/57 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 38
    Category rank41/57 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank31/57 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 32
    Category rank43/53 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 39
    Category rank43/57 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on TLCI

ETF.net Research

DAn active bet that you don't need 500 foreign stocks to own the world: sub-adviser The London Company runs a 25 to 40 name book of large non-US companies, picked on balance-sheet value rather than index weight.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Concentration on purpose: 25 to 40 large non-US companies bought at what the sub-adviser judges a discount to intrinsic value, using its balance-sheet-based valuation process.westernsouthern.com
  2. 02Built for high active share and low turnover, so the portfolio looks little like a cap-weighted foreign index and names are held with a long-term ownership mindset.westernsouthern.com
  3. 03An institutional stock picker's international book in an ETF wrapper: The London Company selects the holdings, Touchstone runs the fund, which launched in 2025.westernsouthern.com
  4. 04The mandate is plain: long-term capital appreciation from large-cap stocks listed outside the US, with at least 80% of assets in non-US equities under normal conditions.westernsouthern.com

Worth knowing

  1. 01Costs 1.00% a year against roughly 0.60% for the typical active international equity fund; systematic peers AVDE and DFIC run near 0.2%.
  2. 02Young and thinly traded, so there is limited live history and bid-ask spreads can be wider than in the category's household names.
  3. 03With only a few dozen holdings, one stock or one country can move results far more than in a broad international index.westernsouthern.com

TLCI Holdings

As of Sep 20, 2026, 8:47 AM
Asset class
Stocks
Holdings
Top-10 weight
41%
Largest holding
TSM4.8%

Geography

  • United Kingdom26.50%
  • Switzerland11.75%
  • Netherlands10.74%
  • Germany8.78%
  • United States7.55%
  • France6.30%
  • Taiwan (Province of China)5.14%
  • Denmark4.40%
  • Other countries (6)18.84%

Developed 94% · Emerging 6% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD4.79%12,096$5M268
002ROP.SWROCHE HOLDING AG4.25%10,730$5M196
003ALV.DEALLIANZ SE4.24%9,136$5M158
004CPG.LCOMPASS GROUP PLC4.12%150,834$5M126
005ICON PLC4.09%27,317$4M1
006PMPHILIP MORRIS INTERNATIONAL INC4.07%23,672$4M412
007IHG.LINTERCONTINENTAL HOTELS GROUP PLC4.03%29,108$4M100
008SAP.DESAP SE3.95%20,584$4M163
009SAF.PASAFRAN SA3.84%11,336$4M156
010MICC.ASMAGNUM ICE CREAM CO NV/THE3.76%218,021$4M77
0117974.TNINTENDO CO LTD3.55%73,100$4M134
0120Y4Q.LWILLIS TOWERS WATSON PLC3.53%12,486$4M100
013UMG.ASUNIVERSAL MUSIC GROUP NV3.33%215,359$4M102
014AENA.MCAENA SME SA3.31%124,356$4M128
015CNR.TOCANADIAN NATIONAL RAILWAY CO3.28%30,177$4M90

Showing 1–15 of 34 holdings

TLCI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

TLCI$10,259
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. TLCI $10,259. SPY $11,723. Use the arrow keys to read each point.$9,033$10,498$11,964Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TLCI. Periods over one year show the average yearly return.
PeriodTLCI
Year to date+2.6%
1 month−4.7%
3 months+2.3%
1 year+2.6%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TLCI
YearReturn barTLCI
2026 YTD+2.6%
2025+4.9%

Since listing, Mar 3, 2025

TLCI in the news

ETF.net Research hasn’t filed on TLCI yet — coverage lands here as it’s written.

TLCI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.16. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.16

TLCI Risk

How much the fund’s monthly returns vary, scaled to a year.
11.6%
Annualised · 17 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.55
vs 3-month T-bills · 17 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−12.2%
18 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.45
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TLCI Cost

Expense ratio1.01%
  • The middle half of International Active Equity funds
  • Median 0.58%

47 of the 55 International Active Equity funds charge less.

TLCI costs $101.00 a year on $10,000. The median International Active Equity fund costs $58.00.