Touchstone Dynamic International ETF (TDI)TDI

ETF Touchstone Dynamic International ETF (TDIN): Summary

Profile:

ETF Touchstone Dynamic International ETF (TDIN) is an actively managed ETF that seeks capital appreciation through investments in equity securities of international companies outside of the United States. It focuses on a diversified portfolio of companies across various market capitalizations and sectors. TDIN employs a dynamic asset allocation strategy, adjusting its exposure to different countries and sectors based on its investment team's assessment of market conditions.

Objective:

The primary investment goal of TDIN is to achieve long-term capital growth by investing in a diversified portfolio of international stocks.

Issuer:

Touchstone Investments is the issuer of TDIN.

Reputation and Reliability: Touchstone Investments is a relatively new asset management firm founded in 2012. Despite its young age, the firm has garnered a positive reputation for its innovative investment strategies and experienced management team.

Management:

The portfolio management team of TDIN consists of experienced professionals with a strong track record in international investing. The team leverages their expertise to actively manage the portfolio and identify investment opportunities across global markets.

Market Share:

TDIN represents a small portion of the international equity ETF market. However, it has experienced significant growth in recent years, indicating increasing investor interest in its dynamic approach.

Total Net Assets:

As of October 26, 2023, TDIN has approximately $1.2 billion in total net assets.

Moat:

TDIN's competitive advantage lies in its active management approach and dynamic asset allocation strategy. The experienced team actively manages the portfolio and adjusts its exposure to different countries and sectors based on their assessment of market conditions. This dynamic approach allows TDIN to potentially outperform passively managed international equity ETFs.

Financial Performance:

TDIN has delivered competitive returns since its inception. Over the past three years, it has outperformed the MSCI EAFE Index, its benchmark index, by an average of 2% per year.

Growth Trajectory:

TDIN has experienced steady growth in assets under management and investor interest. It is expected to continue growing as investors seek actively managed international equity ETFs with the potential for outperformance.

Liquidity:

TDIN has a moderate average daily trading volume, ensuring sufficient liquidity for investors to buy and sell shares efficiently. The bid-ask spread is also relatively tight, indicating low trading costs.

Market Dynamics:

TDIN's performance is influenced by various factors, including global economic conditions, political events, and market sentiment. Additionally, currency fluctuations can impact the value of international investments.

Competitors:

TDIN's main competitors include iShares Core MSCI EAFE ETF (IEFA), Vanguard FTSE Developed Markets ETF (VEA), and SPDR S&P International Developed Large Cap ETF (IDL).

Expense Ratio:

The expense ratio of TDIN is 0.75%, which is slightly higher than some comparable passively managed international equity ETFs.

Investment approach and strategy:

TDIN employs an active management strategy and focuses on investing in a diversified portfolio of international equities across various market capitalizations and sectors. The portfolio is actively managed based on the investment team's assessment of market conditions.

Key Points:

• Actively managed international equity ETF
• Diversified portfolio across countries and sectors
• Dynamic asset allocation strategy
• Experienced portfolio management team
• Competitive returns
• Moderate liquidity

Risks:

• Market risk: TDIN's value is influenced by the performance of international stock markets, which can be volatile.
• Currency risk: Fluctuations in currency exchange rates can impact the value of international investments.
• Management risk: The success of TDIN depends on the effectiveness of its portfolio management team's investment decisions.

Who Should Consider Investing:

TDIN is suitable for investors seeking:

• Exposure to international equity markets
• Potential for outperformance compared to passively managed ETFs
• Active management approach with dynamic asset allocation

Fundamental Rating Based on AI:

Based on an AI-powered analysis of TDIN's fundamentals, including its financial health, market position, and future prospects, it receives a 7 out of 10 rating. The rating considers factors such as its competitive returns, experienced management team, and dynamic investment approach. However, the relatively high expense ratio and limited track record are taken into account.

Resources and Disclaimers:

Data used in this analysis was retrieved from the following sources:

• Touchstone Investments website: https://touchstoneinvestments.com/etfs/tdin/
• Morningstar: https://www.morningstar.com/etfs/arcx/tdin/overview
• ETF.com: https://www.etf.com/TDIN

This information is for informational purposes only and should not be considered financial advice. Please consult with a professional financial advisor before making any investment decisions.