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AAHYX vs. TCAAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

AAHYX vs. TCAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Diversified Income Plus Fund (AAHYX) and Thrivent Moderately Conservative Allocation Fund (TCAAX). The values are adjusted to include any dividend payments, if applicable.

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AAHYX vs. TCAAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
AAHYX
Thrivent Diversified Income Plus Fund
-0.63%9.57%6.80%9.27%-12.64%6.22%6.67%13.12%-3.08%8.98%
TCAAX
Thrivent Moderately Conservative Allocation Fund
-1.62%11.66%8.27%11.69%-14.96%6.52%10.12%14.81%-3.89%7.26%

Returns By Period

In the year-to-date period, AAHYX achieves a -0.63% return, which is significantly higher than TCAAX's -1.62% return. Over the past 10 years, AAHYX has underperformed TCAAX with an annualized return of 4.75%, while TCAAX has yielded a comparatively higher 5.03% annualized return.


AAHYX

1D
0.48%
1M
-2.64%
YTD
-0.63%
6M
0.97%
1Y
7.87%
3Y*
7.11%
5Y*
2.98%
10Y*
4.75%

TCAAX

1D
0.83%
1M
-3.76%
YTD
-1.62%
6M
0.13%
1Y
9.41%
3Y*
8.52%
5Y*
3.65%
10Y*
5.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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AAHYX vs. TCAAX - Expense Ratio Comparison

AAHYX has a 0.94% expense ratio, which is higher than TCAAX's 0.82% expense ratio.


Return for Risk

AAHYX vs. TCAAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAHYX
AAHYX Risk / Return Rank: 8383
Overall Rank
AAHYX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
AAHYX Sortino Ratio Rank: 8484
Sortino Ratio Rank
AAHYX Omega Ratio Rank: 8181
Omega Ratio Rank
AAHYX Calmar Ratio Rank: 8585
Calmar Ratio Rank
AAHYX Martin Ratio Rank: 8383
Martin Ratio Rank

TCAAX
TCAAX Risk / Return Rank: 6565
Overall Rank
TCAAX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
TCAAX Sortino Ratio Rank: 6565
Sortino Ratio Rank
TCAAX Omega Ratio Rank: 6161
Omega Ratio Rank
TCAAX Calmar Ratio Rank: 6767
Calmar Ratio Rank
TCAAX Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAHYX vs. TCAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Diversified Income Plus Fund (AAHYX) and Thrivent Moderately Conservative Allocation Fund (TCAAX). 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.


AAHYXTCAAXDifference

Sharpe ratio

Return per unit of total volatility

1.63

1.26

+0.38

Sortino ratio

Return per unit of downside risk

2.28

1.79

+0.49

Omega ratio

Gain probability vs. loss probability

1.33

1.26

+0.08

Calmar ratio

Return relative to maximum drawdown

2.28

1.78

+0.50

Martin ratio

Return relative to average drawdown

8.86

7.33

+1.53

AAHYX vs. TCAAX - Sharpe Ratio Comparison

The current AAHYX Sharpe Ratio is 1.63, which is comparable to the TCAAX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of AAHYX and TCAAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


AAHYXTCAAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.63

1.26

+0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.46

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.79

0.71

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.57

+0.13

Correlation

The correlation between AAHYX and TCAAX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

AAHYX vs. TCAAX - Dividend Comparison

AAHYX's dividend yield for the trailing twelve months is around 3.48%, less than TCAAX's 5.77% yield.


TTM20252024202320222021202020192018201720162015
AAHYX
Thrivent Diversified Income Plus Fund
3.48%3.73%3.83%3.55%3.10%6.31%2.44%3.54%5.72%2.85%3.39%3.31%
TCAAX
Thrivent Moderately Conservative Allocation Fund
5.77%6.19%3.55%2.52%1.87%3.74%3.82%5.15%3.99%1.77%1.67%1.51%

Drawdowns

AAHYX vs. TCAAX - Drawdown Comparison

The maximum AAHYX drawdown since its inception was -34.18%, which is greater than TCAAX's maximum drawdown of -30.82%. Use the drawdown chart below to compare losses from any high point for AAHYX and TCAAX.


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Drawdown Indicators


AAHYXTCAAXDifference

Max Drawdown

Largest peak-to-trough decline

-34.18%

-30.82%

-3.36%

Max Drawdown (1Y)

Largest decline over 1 year

-3.68%

-5.58%

+1.90%

Max Drawdown (5Y)

Largest decline over 5 years

-16.52%

-20.33%

+3.81%

Max Drawdown (10Y)

Largest decline over 10 years

-20.04%

-20.33%

+0.29%

Current Drawdown

Current decline from peak

-2.95%

-4.17%

+1.22%

Average Drawdown

Average peak-to-trough decline

-4.58%

-3.83%

-0.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.95%

1.35%

-0.40%

Volatility

AAHYX vs. TCAAX - Volatility Comparison

The current volatility for Thrivent Diversified Income Plus Fund (AAHYX) is 1.99%, while Thrivent Moderately Conservative Allocation Fund (TCAAX) has a volatility of 2.87%. This indicates that AAHYX experiences smaller price fluctuations and is considered to be less risky than TCAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


AAHYXTCAAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.99%

2.87%

-0.88%

Volatility (6M)

Calculated over the trailing 6-month period

3.05%

4.62%

-1.57%

Volatility (1Y)

Calculated over the trailing 1-year period

5.03%

7.72%

-2.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.73%

7.93%

-2.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.00%

7.15%

-1.15%