AABFX vs. AALGX
AABFX (Thrivent Balanced Income Plus Fund) and AALGX (Thrivent Global Stock Fund) are both mutual funds - AABFX is a Diversified Portfolio fund managed by Thrivent, while AALGX is a Global Equities fund managed by Thrivent. Over the past 10 years, AABFX returned 6.48%/yr vs 11.30%/yr for AALGX. Their 0.96 correlation means they have historically moved very closely together. AABFX charges 1.00%/yr vs 0.97%/yr for AALGX.
Performance
AABFX vs. AALGX - Performance Comparison
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Returns By Period
In the year-to-date period, AABFX achieves a 4.86% return, which is significantly lower than AALGX's 10.76% return. Over the past 10 years, AABFX has underperformed AALGX with an annualized return of 6.48%, while AALGX has yielded a comparatively higher 11.30% annualized return.
AABFX
- 1D
- 0.20%
- 1M
- -0.40%
- 6M
- 3.07%
- YTD
- 4.86%
- 1Y
- 11.26%
- 3Y*
- 10.44%
- 5Y*
- 5.08%
- 10Y*
- 6.48%
- ALL TIME*
- 4.90%
AALGX
- 1D
- 0.66%
- 1M
- 0.41%
- 6M
- 7.21%
- YTD
- 10.76%
- 1Y
- 22.10%
- 3Y*
- 21.19%
- 5Y*
- 11.80%
- 10Y*
- 11.30%
- ALL TIME*
- 9.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AABFX vs. AALGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AABFX Thrivent Balanced Income Plus Fund | 4.86% | 12.23% | 10.08% | 12.04% | -13.93% | 11.83% | 8.69% | 16.65% | -5.09% | 10.06% |
AALGX Thrivent Global Stock Fund | 10.76% | 20.49% | 27.79% | 21.71% | -19.38% | 20.37% | 14.46% | 22.71% | -8.75% | 10.85% |
Correlation
The correlation between AABFX and AALGX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.97 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 1997 | 0.96 |
The correlation between AABFX and AALGX has been stable across timeframes, ranging from 0.92 to 0.97 - a consistent structural relationship.
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Return for Risk
AABFX vs. AALGX — Risk / Return Rank
AABFX
AALGX
AABFX vs. AALGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Balanced Income Plus Fund (AABFX) and Thrivent Global Stock Fund (AALGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| AABFX | AALGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 2.27 | -0.13 |
| Martin ratioReturn relative to average drawdown | 9.02 | 9.64 | -0.61 |
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Drawdowns
AABFX vs. AALGX - Drawdown Comparison
The maximum AABFX drawdown since its inception was -43.44%, smaller than the maximum AALGX drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for AABFX and AALGX.
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Drawdown Indicators
| AABFX | AALGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.44% | -55.28% | +11.84% |
Max Drawdown (1Y)Largest decline over 1 year | -5.13% | -9.10% | +3.97% |
Max Drawdown (3Y)Largest decline over 3 years | -7.04% | -16.65% | +9.61% |
Max Drawdown (5Y)Largest decline over 5 years | -21.56% | -34.65% | +13.09% |
Max Drawdown (10Y)Largest decline over 10 years | -27.40% | -35.32% | +7.92% |
Current DrawdownCurrent decline from peak | -0.92% | -0.75% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -10.45% | +4.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 2.14% | -0.92% |
Volatility
AABFX vs. AALGX - Volatility Comparison
The current volatility for Thrivent Balanced Income Plus Fund (AABFX) is 2.01%, while Thrivent Global Stock Fund (AALGX) has a volatility of 3.83%. This indicates that AABFX experiences smaller price fluctuations and is considered to be less risky than AALGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AABFX | AALGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.01% | 3.83% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 5.82% | 10.96% | -5.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.94% | 13.34% | -6.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.61% | 18.79% | -10.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.29% | 18.26% | -8.97% |
AABFX vs. AALGX - Expense Ratio Comparison
AABFX has a 1.00% expense ratio, which is higher than AALGX's 0.97% expense ratio.
Dividends
AABFX vs. AALGX - Dividend Comparison
AABFX's dividend yield for the trailing twelve months is around 7.11%, less than AALGX's 9.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AABFX Thrivent Balanced Income Plus Fund | 7.11% | 7.25% | 6.43% | 2.97% | 2.26% | 6.99% | 2.03% | 2.37% | 9.70% | 2.04% | 2.37% | 1.90% |
AALGX Thrivent Global Stock Fund | 9.98% | 11.05% | 23.12% | 5.51% | 3.21% | 14.40% | 3.01% | 12.68% | 9.82% | 1.00% | 1.15% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, AABFX and AALGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AALGX has higher volatility (3.83%) compared to AABFX (2.01%). In terms of maximum drawdown, AABFX dropped -43.44% vs AALGX's -55.28%.
AABFX currently has the higher Sharpe Ratio (1.58 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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