ETF Evaluator:
Touchstone US Large Cap Focused ETF ()
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(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
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Risk
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ETF Details
Touchstone US Large Cap Focused ETF Overview
Touchstone US Large Cap Focused ETF (LCF) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). Touchstone launched the ETF in 2022.
The investment seeks to provide investors with capital appreciation.
The fund invests, under normal market conditions, at least 80% of its assets in U.S.-listed large capitalization equity securities. Equity securities generally include common stock. These securities may be listed on an exchange or traded over-the-counter. The fund may, at times, hold fewer securities and a higher percentage of cash and cash equivalents when, among other reasons, Fort Washington cannot find a sufficient number of securities that meet its purchase requirements. It is non-diversified.
About Touchstone US Large Cap Focused ETF (LCF)
There are 2 members of the management team with an average tenure of 2.88 years: James Wilhelm (2022) and Sunit Gogia (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US 3000 TR USD index with a weighting of 100% and Bloomberg US 1000 TR USD index with a weighting of 100%. Touchstone US Large Cap Focused ETF has 46 securities in its portfolio. The top 10 holdings constitute 55.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Touchstone US Large Cap Focused ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Touchstone US Large Cap Focused ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.8% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Touchstone US Large Cap Focused ETF has 3.2% of the portfolio in cash.
Assets Under Management
The fund has $67 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LCF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Touchstone US Large Cap Focused ETF expense ratio is average compared to funds in the Large Blend category. Touchstone US Large Cap Focused ETF has an expense ratio of 0.56%, which is 35% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Touchstone US Large Cap Focused ETF has a portfolio turnover rate of 8%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, Touchstone US Large Cap Focused ETF returned 4.2%, which earned it a grade of A, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Touchstone US Large Cap Focused ETF has a trailing yield of 0.51%, which is below the 1.16% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Touchstone US Large Cap Focused ETF Grades
Year to date, the ETF has returned 6.4%, 3.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 14.1% over the past year (grade of D) and 15.9% over the past three years (grade of D).
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LCF Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LCF Return (NAV) | 4.2% | 4.4% | 14.1% | 15.9% | na | na |
| LCF Return (Price) | 2.6% | 2.8% | 12.5% | 15.4% | na | na |
| NAV +/- Price Return | 1.617% | 1.568% | 1.532% | 0.504% | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| LCF Grade (NAV) | A | C | D | D | na | na |
| +/- Category (NAV) | 5.1% | 0.7% | -3.5% | -1.6% | na | na |
| LCF Tax-Cost Ratio | na | na | 0.2% | 0.2% | na | na |
LCF Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LCF Return (NAV) | 6.4% | 17.0% | 20.8% | 26.2% | na | na | na | na | na | na | na |
| LCF Return (Price) | 3.6% | 18.1% | 21.2% | 26.2% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.441% | 0.064% | 0.021% | 0.001% | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| LCF Grade (NAV) | F | C | D | B | na | na | na | na | na | na | na |
| +/- Category | -3.1% | 1.7% | -1.1% | 3.3% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.95 |
| R-Squared: | 91% |
| Standard Deviation: | 13.0% |
| Category Risk Index: | 0.96 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.06 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.5% |
| Total Assets: | $ 67 Mil |
| Share Class Assets: | $ 67 Mil |
| Turnover: | 8.0% |
| Expense Ratio: | 0.56% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US 3000 TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.0 years | |||
| Average Tenure: 2.9 years | |||
| Managers (Year): Wilhelm James (2022), Gogia Sunit (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 46 |
| % in Top 10 Holdings: | 55.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 96.8% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Touchstone |
| Phone Number: | 833-368-7383 |
| Website: | |
| Inception Date: | July 27, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.56% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.41% |
