TDI ETF — Holdings & Analysis

The Touchstone Dynamic International ETF (TDI) is an actively managed equity ETF with $0.10 billion in assets under management and an expense ratio of 0.65%.

TDI offers exposure to global equity markets outside the U.S., utilizing a proprietary quantitative model called the Dynamic Alpha Stock Selection Model to construct a risk-controlled portfolio. The fund aims to identify approximately 100-140 securities with the highest expected return for a given level of risk, differentiating itself through its active management and quantitative approach to international equity investing.

Touchstone Dynamic International ETF (TDI) ETF — Price, Holdings & Analysis

The Touchstone Dynamic International ETF (TDI) is an actively managed equity ETF with $0.10 billion in assets under management and an expense ratio of 0.65%. TDI offers exposure to global equity markets outside the U.S., utilizing a proprietary quantitative model called the Dynamic Alpha Stock Selection Model to construct a risk-controlled portfolio. The fund aims to identify approximately 100-140 securities with the highest expected return for a given level of risk, differentiating itself through its active management and quantitative approach to international equity investing.

ETF Overview

TDI provides broad exposure to the global equity markets outside the US. The fund may include common and preferred stocks, depositary receipts, REITs, as well as other exchange-traded funds. To construct the portfolio, the funds sub-adviser employs the Dynamic Alpha Stock Selection Model, a proprietary quantitative model that seeks to construct a risk-controlled, forward-looking portfolio that adapts to changing market conditions. The model estimates returns based on each securitys risk characteristics through a three-step process that utilizes fundamental data and statistical tools. An optimization process is then used to identify the portfolio of around 100-140 securities with the highest expected return for an acceptable level of risk. The fund rebalances periodically. On December 11, 2023, TDI converted from a mutual fund to an actively managed ETF with $62 million in assets.

The Touchstone Dynamic International ETF (TDI) seeks to provide broad exposure to international equity markets, excluding the United States. TDI employs the Dynamic Alpha Stock Selection Model, a quantitative model, to construct its portfolio. This model uses fundamental data and statistical tools to estimate returns based on security risk characteristics. The fund's holdings include common and preferred stocks, depositary receipts, REITs, and other ETFs. The fund targets a portfolio of approximately 100-140 securities, rebalancing periodically to maintain its investment strategy. The top holdings include Taiwan Semiconductor Manufacturing Co Ltd (4.58%), ASML Holding NV (2.73%), and Barrick Mining Corp (2.66%). Sector allocation is heavily weighted towards Financial Services (23.5%), Industrials (19.3%), and Technology (16.7%). This approach is designed to adapt to changing market conditions and deliver risk-adjusted returns.

Risk Metrics

TDI's active management and focused portfolio construction introduce specific risks. The fund holds a concentrated portfolio of around 100-140 securities, which could amplify the impact of individual stock performance on the overall ETF return. Sector allocation is heavily weighted towards Financial Services (23.5%), Industrials (19.3%), and Technology (16.7%), creating sector-specific risk. With a 3-year Beta of 0.88, TDI exhibits less volatility than the broader market. The expense ratio of 0.65% can create a drag on performance, especially in periods of lower returns. these may be worth researching factors when evaluating TDI's risk profile. Past performance does not guarantee future results.

Expense Ratio

0.65%

What does TDI hold?

Holding	Weight
Taiwan Semiconductor Manufacturing Co Ltd (2330.TW)	4.58%
ASML Holding NV (ASML.AS)	2.73%
Barrick Mining Corp (ABX.TO)	2.66%
Novartis AG Registered Shares (NOVN.SW)	2.27%
Dreyfus Government Cash Mgmt Instl (DGCXX)	2.24%
Samsung Electronics Co Ltd (005930.KS)	2.13%
AIA Group Ltd (1299.HK)	1.95%
Otsuka Holdings Co Ltd (4578.T)	1.81%
SK Hynix Inc (000660.KS)	1.77%
Pan American Silver Corp (PAAS.TO)	1.76%

How Is the Fund Allocated?

Sector	Weight
Financial Services	23.5%
Industrials	19.3%
Technology	16.7%
Basic Materials	13.4%
Healthcare	9.5%
Communication Services	7.4%
Consumer Cyclical	6.4%
Utilities	1.3%
Energy	1.3%
Consumer Defensive	1.2%

Country	Weight
Japan	15.3%
Canada	11.2%
South Korea	6.9%
Taiwan	6.4%
United Kingdom	5.3%
Italy	5.3%
Hong Kong	5.2%
China	5.1%
Switzerland	3.9%
Germany	3.7%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Touchstone Climate Transition ETF (HEAT) (Equity) — 0.69% expense ratio
Touchstone Strategic Income ETF (SIO) (Fixed Income) — 0.50% expense ratio
Touchstone Securitized Income ETF (TSEC) (Fixed Income) — 0.41% expense ratio

Risk Metrics

Beta: 0.88

Questions & Answers

What is TDI and what does it track?

The Touchstone Dynamic International ETF (TDI) is an actively managed ETF that provides exposure to equity markets outside the United States.

TDI utilizes a proprietary quantitative model, the Dynamic Alpha Stock Selection Model, to construct a portfolio of approximately 100-140 securities. The fund invests in common and preferred stocks, depositary receipts, REITs, and other ETFs.

What is the expense ratio for TDI?

The expense ratio for the Touchstone Dynamic International ETF (TDI) is 0.65%. This means that for every $10,000 invested in the fund, $65 is used to cover annual operating expenses.

While this provides active management and a potentially unique investment approach, it is important to consider this cost when evaluating the fund's potential returns.

What are the top holdings in TDI?

As of 2026-03-15, the top holdings in the Touchstone Dynamic International ETF (TDI) are Taiwan Semiconductor Manufacturing Co Ltd (4.58%), ASML Holding NV (2.73%), Barrick Mining Corp (2.66%), Novartis AG Registered Shares (2.27%), and Dreyfus Government Cash Mgmt Instl (2.24%).

These holdings represent a significant portion of the fund's assets and reflect its investment strategy.

Is TDI a good long-term investment?

Whether TDI is a suitable long-term investment depends on an individual investor's goals, risk tolerance, and investment horizon. TDI offers exposure to international equity markets through an actively managed, quantitative approach.

The fund's expense ratio of 0.65% should be considered in the context of its potential returns.

How does TDI compare to similar ETFs?

The Touchstone Dynamic International ETF (TDI) differentiates itself through its active management and quantitative investment approach, while many international equity ETFs are passively managed.

TDI's expense ratio of 0.65% may be higher than some passive ETFs, but potentially justified by the active management strategy.

Does TDI pay dividends?

As of 2026-03-15, the Touchstone Dynamic International ETF (TDI) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking income from their investments may want to consider other ETFs with a higher dividend yield. The lack of dividend payments may be due to the fund's investment strategy or the dividend policies of the underlying companies in its portfolio.