Investment objective & strategy
As of April 28, 2025 · prospectusObjective. The Touchstone US Large Cap Focused ETF (the Fund) seeks to provide investors with capital appreciation.
Strategy. The Fund invests, under normal market conditions, at least 80% of its assets in U.S.-listed large capitalization equity securities. For the purpose of the Funds 80% policy, a large capitalization company has a market capitalization, at the time of purchase, above $5 billion. The Funds 80% policy is a non-fundamental investment policy that can be changed by the Funds Board upon 60 days prior written notice to shareholders. Equity securities generally include common stock. These securities may be listed on an exchange or traded over-the-counter. In selecting securities for the Fund, the Funds sub-adviser, Fort Washington Investment Advisors, Inc. (Fort Washington), seeks to invest in companies that: ? Are trading below its estimate of the companies intrinsic value; and ? … The Fund invests, under normal market conditions, at least 80% of its assets in U.S.-listed large capitalization equity securities. For the purpose of the Funds 80% policy, a large capitalization company has a market capitalization, at the time of purchase, above $5 billion. The Funds 80% policy is a non-fundamental investment policy that can be changed by the Funds Board upon 60 days prior written notice to shareholders. Equity securities generally include common stock. These securities may be listed on an exchange or traded over-the-counter. In selecting securities for the Fund, the Funds sub-adviser, Fort Washington Investment Advisors, Inc. (Fort Washington), seeks to invest in companies that: ? Are trading below its estimate of the companies intrinsic value; and ? Have sustainable competitive advantages in place. Fort Washington evaluates a companys competitive advantage by assessing its barrier(s) to entry. A companys barrier(s) to entry can be created through a cost advantage, economies of scale, high customer loyalty, or a government barrier (e.g., license or subsidy). Fort Washington believes that the strongest barrier to entry is the combination of economies of scale and higher customer loyalty. The Fund is non-diversified and, therefore may, from time to time, have significant exposure to a limited number of issuers. The Fund will generally hold 25 to 45 companies, with residual cash and cash equivalents expected to represent less than 10% of the Funds net assets. 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. Although the Fund may invest in any economic sector, at times it may emphasize one or more particular sectors. The Fund will generally sell a security if it reaches Fort Washingtons estimate of fair value, if a more attractive investment opportunity is available, or if a structural change has taken place and Fort Washington cannot reliably estimate the impact of the change on the business fundamentals.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL C | — | $4.40M | 8.46% |
| MICROSOFT CORP | — | $4.04M | 7.78% |
| APPLE INC | — | $3.93M | 7.56% |
| NVIDIA CORP | — | $3.68M | 7.08% |
| META PLATFORMS INC CL A | — | $2.94M | 5.66% |
| AMAZON.COM INC | — | $2.87M | 5.52% |
| DREY-GVT CSH-I | MISXX | $1.72M | 3.30% |
| BANK OF AMERICA CORPORATION | — | $1.60M | 3.07% |
| EXXON MOBIL CORP | — | $1.57M | 3.02% |
| PHILIP MORRIS INTL INC | — | $1.29M | 2.48% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Touchstone Strategic Trust-Touchstone Large Cap Focused Fund · SENCX, SCSCX, SICWX, SCRLX, TSRLX | 90% | 0.66% |
| Touchstone Variable Series Trust-Touchstone Common Stock Fund | 90% | 0.73% |
| Touchstone Strategic Trust-Touchstone Focused Fund · TFOAX, TFFCX, TFFIX, TFFYX | 86% | 0.84% |
Advisers
| Firm | Role |
|---|---|
| Touchstone Advisors, Inc. | Adviser |
| Fort Washington Investment Advisors, Inc. | Sub-adviser |
Footnotes
- Expense ratio as of April 28, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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