- CUSIP
- 88588G208
- Issuer
- Thrivent
- Inception Date
- Feb 19, 2025
- Region
- Global (Global Fixed Income)
- Category
- Intermediate Core-Plus Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $418M
Highlights
- Avg. Volume (1M)
- 25K
- Avg. Volume Value (1M)
- $1.25M
Share Price Chart
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Performance
TCPB Performance Chart
Thrivent Core Plus Bond ETF (TCPB) is down 0.3% since the beginning of the year. TCPB is currently trading at $50 per share.
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Returns By Period
Thrivent Core Plus Bond ETF (TCPB) has returned -0.33% so far this year and 2.62% over the past 12 months.
Thrivent Core Plus Bond ETF
- 1D
- -0.22%
- 1M
- -1.18%
- 6M
- -0.64%
- YTD
- -0.33%
- 1Y
- 2.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.17%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TCPB Monthly Returns History
Based on dividend-adjusted daily data since Feb 19, 2025, TCPB's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 72% of months were positive and 28% were negative. The best month was Jun 2025 with a return of +1.7%, while the worst month was Mar 2026 at -1.8%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.
On a daily basis, TCPB closed higher 55% of trading days. The best single day was Sep 11, 2025 with a return of +1.0%, while the worst single day was Apr 7, 2025 at -1.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.32% | 1.47% | -1.79% | 0.25% | 0.41% | 0.43% | -1.38% | -0.33% | |||||
| 2025 | 1.64% | 0.08% | 0.32% | -0.90% | 1.66% | -0.21% | 1.32% | 1.33% | 0.52% | 0.79% | -0.26% | 6.42% |
Benchmark Metrics
Thrivent Core Plus Bond ETF has an annualized alpha of 3.47%, beta of 0.05, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since February 19, 2025.
- This ETF captured 12.09% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.04%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.05 may look defensive, but with R2 of 0.04 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.04 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.47%
- Beta
- 0.05
- R²
- 0.04
- Upside Capture
- 12.09%
- Downside Capture
- -3.04%
Expense Ratio
TCPB has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TCPB ranks 34 for risk / return — above 34% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Thrivent Core Plus Bond ETF (TCPB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TCPB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.00 | -0.76 |
| Martin ratioReturn relative to average drawdown | 3.29 | 8.49 | -5.20 |
Dividends
Dividend History
Thrivent Core Plus Bond ETF provided a 4.85% dividend yield over the last twelve months, with an annual payout of $2.42 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $2.42 | $1.98 |
Dividend yield | 4.85% | 3.85% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Core Plus Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.17 | $0.19 | $0.20 | $0.18 | $0.18 | $0.20 | $0.20 | $1.32 | |||||
| 2025 | $0.06 | $0.17 | $0.07 | $0.18 | $0.19 | $0.22 | $0.19 | $0.19 | $0.20 | $0.17 | $0.35 | $1.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Thrivent Core Plus Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Thrivent Core Plus Bond ETF was 2.74%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current Thrivent Core Plus Bond ETF drawdown is 2.08%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-2.74%Mar 2026 | 25d | — | 5mo 3dMar 2026 - now | — |
-2.63%Apr 2025 | 4d | 2mo 16d | 2mo 20dApr 2025 - Jun 2025 | 2025 selloff2025 |
-1.20%Nov 2025 | 8d | 2mo 10d | 2mo 18dOct 2025 - Jan 2026 | — |
-1.15%Sep 2025 | 9d | 20d | 29dSep 2025 - Oct 2025 | — |
-1.07%Jul 2025 | 14d | 15d | 29dJul 2025 - Jul 2025 | — |
Drawdown Indicators
| TCPB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.74% | -56.78% | +54.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.74% | -9.10% | +6.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.08% | -1.58% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -10.70% | +9.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.14% | -1.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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