- ISIN
- US88588G1094
- Issuer
- Thrivent
- Inception Date
- Oct 5, 2022
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $969M
Share Price Chart
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Performance
TSME Performance Chart
Thrivent Small-Mid Cap ESG ETF (TSME) is up 16.9% since the beginning of the year. TSME is currently trading at $49 per share.
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Returns By Period
Thrivent Small-Mid Cap ESG ETF (TSME) has returned 16.94% so far this year and 40.22% over the past 12 months.
Thrivent Small-Mid Cap ESG ETF
- 1D
- 1.90%
- 1M
- 2.79%
- YTD
- 16.94%
- 6M
- 18.66%
- 1Y
- 40.22%
- 3Y*
- 21.81%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
TSME Monthly Returns History
Based on dividend-adjusted daily data since Oct 5, 2022, TSME's average daily return is +0.08%, while the average monthly return is +1.62%. At this rate, an investment would double in approximately 3.6 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2026 with a return of +13.8%, while the worst month was Mar 2026 at -9.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, TSME closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.2%, while the worst single day was Apr 3, 2025 at -7.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.90% | 3.37% | -9.63% | 13.79% | 0.46% | 2.44% | 16.94% | ||||||
| 2025 | 3.35% | -4.38% | -8.09% | -1.41% | 6.89% | 6.53% | 6.90% | 3.80% | 0.05% | -1.33% | 0.93% | 0.93% | 13.79% |
| 2024 | -2.49% | 8.59% | 5.80% | -7.07% | 4.60% | -0.39% | 6.56% | -0.54% | 3.01% | -0.68% | 10.40% | -8.37% | 18.98% |
| 2023 | 10.59% | 0.04% | -4.59% | -2.93% | -3.54% | 11.70% | 4.37% | -2.61% | -6.03% | -7.41% | 9.78% | 9.92% | 17.82% |
| 2022 | 3.12% | 4.70% | -5.14% | 2.41% |
Benchmark Metrics
Thrivent Small-Mid Cap ESG ETF has an annualized alpha of -3.69%, beta of 1.17, and R2 of 0.71 versus S&P 500 Index. Calculated based on daily prices since October 06, 2022.
- This ETF participated in 137.02% of S&P 500 Index downside but only 115.93% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -3.69% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -3.69%
- Beta
- 1.17
- R²
- 0.71
- Upside Capture
- 115.93%
- Downside Capture
- 137.02%
Expense Ratio
TSME has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TSME ranks 54 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Thrivent Small-Mid Cap ESG ETF (TSME) and compare them to S&P 500 Index.
| TSME | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 2.39 | -0.48 |
Sortino ratioReturn per unit of downside risk | 2.68 | 3.25 | -0.58 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.43 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.75 | 3.11 | -0.37 |
Martin ratioReturn relative to average drawdown | 9.41 | 14.38 | -4.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Thrivent Small-Mid Cap ESG ETF provided a 0.14% dividend yield over the last twelve months, with an annual payout of $0.07 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.07 | $0.07 | $0.14 | $0.16 | $0.04 |
Dividend yield | 0.14% | 0.17% | 0.38% | 0.53% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Thrivent Small-Mid Cap ESG 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2022 | $0.04 | $0.04 |
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 Small-Mid Cap ESG 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 Small-Mid Cap ESG ETF was 26.59%, occurring on Apr 8, 2025. Recovery took 84 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -26.59%Apr 2025 | 4mo 13d | 4mo 2d | 8mo 15dNov 2024 - Aug 2025 |
2023 correction2023 | -16.50%Oct 2023 | 2mo 27d | 1mo 18d | 4mo 15dAug 2023 - Dec 2023 |
2026 correction2026 | -14.72%Mar 2026 | 1mo 5d | 21d | 1mo 26dFeb 2026 - Apr 2026 |
2023 correction2023 | -13.95%May 2023 | 2mo 29d | 2mo 4d | 5mo 3dFeb 2023 - Jul 2023 |
2024 correction2024 | -11.10%Aug 2024 | 21d | 1mo 13d | 2mo 4dJul 2024 - Sep 2024 |
Drawdown Indicators
| TSME | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.59% | -56.78% | +30.19% |
Max Drawdown (1Y)Largest decline over 1 year | -14.72% | -9.10% | -5.62% |
Max Drawdown (3Y)Largest decline over 3 years | -26.59% | -18.90% | -7.69% |
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 | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -10.72% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.29% | 1.97% | +2.32% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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