TSEC vs CSD

Comparison between TOUCHSTONE SECURITIZED INCOME ETF (TSEC, ETF) and INVESCO S&P SPIN-OFF ETF (CSD, ETF).

TSEC vs CSD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSEC(ETF)	CSD(ETF)
Net Assets	$145M	$145M
Expense Ratio	0.40%	0.65%
Max Drawdown	3.50%	70.67%
Sharpe Ratio	0.76	2.16
5Y Beta	0.01	1.27
P/E Ratio	N/A	64.49
Forward P/E	N/A	22.96
PEG Ratio	N/A	0.22
5Y Dividends CAGR	N/A	-23.06%
Debt to Equity	N/A	19.15%
P/S Ratio	N/A	1.99
P/B Ratio	N/A	2.37

Net Assets

Winner

TSEC

$145M

CSD

$145M

Expense Ratio

Winner

TSEC

0.40%

CSD

0.65%

Max Drawdown

Winner

TSEC

3.50%

CSD

70.67%

Sharpe Ratio

TSEC

0.76

Winner

CSD

2.16

5Y Beta

Winner

TSEC

0.01

CSD

1.27

P/E Ratio

TSEC

N/A

CSD

64.49

Forward P/E

TSEC

N/A

CSD

22.96

PEG Ratio

TSEC

N/A

CSD

0.22

5Y Dividends CAGR

TSEC

N/A

CSD

-23.06%

Debt to Equity

TSEC

N/A

CSD

19.15%

P/S Ratio

TSEC

N/A

CSD

1.99

P/B Ratio

TSEC

N/A

CSD

2.37

TSEC vs CSD - Historical Returns

Returns include dividend reinvestment.

Period	TSEC	CSD
1 month	+0.36%	+2.84%
3 months	+0.38%	+17.40%
6 months	+1.86%	+35.22%
1 year	+5.59%	+69.23%
5 years(CAGR)	N/A	+15.93%
10 years(CAGR)	N/A	+13.78%
Max(CAGR)	+7.39%	+10.16%

TSEC

+0.36%

Winner

CSD

+2.84%

TSEC

+0.38%

Winner

CSD

+17.40%

TSEC

+1.86%

Winner

CSD

+35.22%

TSEC

+5.59%

Winner

CSD

+69.23%

5Y(CAGR)

TSEC

N/A

CSD

+15.93%

10Y(CAGR)

TSEC

N/A

CSD

+13.78%

Max(CAGR)

TSEC

+7.39%

Winner

CSD

+10.16%

TSEC vs CSD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	TSEC	CSD
2026	+1.20%	+33.22%
2025	+7.36%	+20.31%
2024	+7.63%	+29.21%
2023	+4.99%	+24.33%
2022	N/A	-15.12%
2021	N/A	+15.54%
2020	N/A	+10.77%
2019	N/A	+19.30%
2018	N/A	-18.73%
2017	N/A	+20.00%
2016	N/A	+16.46%
2015	N/A	-12.04%
2014	N/A	+2.45%
2013	N/A	+47.95%
2012	N/A	+24.81%
2011	N/A	+2.66%
2010	N/A	+20.13%
2009	N/A	+65.62%
2008	N/A	-54.42%
2007	N/A	+8.83%
2006	N/A	-0.56%

TSEC vs CSD Drawdown Comparison

The maximum drawdown for TSEC was -1.78%, occurring on Apr 10, 2025. Recovery took 35 trading sessions.

The maximum drawdown for CSD was -70.47%, occurring on Nov 20, 2008. Recovery took 1360 trading sessions.

The current TSEC drawdown is -0.44%. The current CSD drawdown is -2.54%.

Rank	TSEC	CSD
#1	-1.78% Apr 4, 2025 - May 27, 2025	-70.47% Jul 19, 2007 - Dec 11, 2012
#2	-1.67% Mar 4, 2026 - Mar 26, 2026	-57.54% Sep 21, 2018 - Dec 16, 2020
#3	-1.48% Sep 30, 2024 - Jan 27, 2025	-31.85% Apr 10, 2015 - Apr 25, 2017
#4	-1.11% Nov 28, 2025 - Dec 16, 2025	-30.15% Jan 23, 2025 - Aug 27, 2025
#5	-0.96% Aug 5, 2024 - Aug 26, 2024	-29.30% Sep 2, 2021 - Feb 23, 2024
#6	-0.93% Feb 27, 2025 - Apr 4, 2025	-11.34% Feb 26, 2026 - Apr 9, 2026
#7	-0.79% Oct 11, 2023 - Nov 3, 2023	-10.60% Nov 29, 2013 - Mar 4, 2014
#8	-0.70% Feb 1, 2024 - Mar 1, 2024	-9.73% Mar 7, 2014 - Feb 12, 2015
#9	-0.64% May 16, 2024 - Jun 5, 2024	-9.58% Jun 8, 2021 - Aug 27, 2021
#10	-0.63% Jun 27, 2025 - Jul 30, 2025	-9.40% Jan 26, 2018 - Sep 20, 2018
#11	-0.62% Mar 28, 2024 - May 3, 2024	-9.37% Nov 26, 2024 - Jan 21, 2025
#12	-0.60% Aug 26, 2024 - Sep 9, 2024	-8.79% Jul 31, 2024 - Aug 23, 2024
#13	-0.56% Oct 27, 2025 - Nov 21, 2025	-7.88% Nov 12, 2025 - Dec 3, 2025
#14	-0.51% Jun 25, 2024 - Jul 5, 2024	-7.88% Jan 14, 2021 - Feb 5, 2021
#15	-0.44% Jun 5, 2025 - Jun 12, 2025	-6.78% Mar 15, 2021 - May 7, 2021

Correlation

Correlation between TSEC and CSD is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2007 - 2026)

TSEC vs CSD dividend yield comparison.

Year	TSEC	CSD
2026	2.82%	0.00%
2025	6.47%	0.16%
2024	5.83%	0.17%
2023	2.86%	0.51%
2022	0.00%	0.86%
2021	0.00%	0.73%
2020	0.00%	0.99%
2019	0.00%	1.08%
2018	0.00%	0.99%
2017	0.00%	0.60%
2016	0.00%	1.62%
2015	0.00%	2.61%
2014	0.00%	1.64%
2013	0.00%	0.19%
2012	0.00%	0.26%
2011	0.00%	0.48%
2010	0.00%	0.47%
2009	0.00%	1.83%
2008	0.00%	3.70%
2007	0.00%	0.69%