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AAINX vs. TBFAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

AAINX vs. TBFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Opportunity Income Plus Fund (AAINX) and Thrivent Government Bond (TBFAX). The values are adjusted to include any dividend payments, if applicable.

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AAINX vs. TBFAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
AAINX
Thrivent Opportunity Income Plus Fund
-0.46%7.82%4.90%7.77%-10.57%1.47%3.75%8.23%-1.24%4.88%
TBFAX
Thrivent Government Bond
-0.37%7.00%0.96%3.52%-10.67%-1.92%6.93%5.70%-0.02%1.79%

Returns By Period

In the year-to-date period, AAINX achieves a -0.46% return, which is significantly lower than TBFAX's -0.37% return. Over the past 10 years, AAINX has outperformed TBFAX with an annualized return of 3.00%, while TBFAX has yielded a comparatively lower 0.97% annualized return.


AAINX

1D
0.33%
1M
-1.61%
YTD
-0.46%
6M
0.80%
1Y
5.41%
3Y*
5.70%
5Y*
2.09%
10Y*
3.00%

TBFAX

1D
0.23%
1M
-1.56%
YTD
-0.37%
6M
0.39%
1Y
3.50%
3Y*
2.71%
5Y*
0.07%
10Y*
0.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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AAINX vs. TBFAX - Expense Ratio Comparison

AAINX has a 0.88% expense ratio, which is higher than TBFAX's 0.77% expense ratio.


Return for Risk

AAINX vs. TBFAX — Risk / Return Rank

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

AAINX
AAINX Risk / Return Rank: 9090
Overall Rank
AAINX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
AAINX Sortino Ratio Rank: 9292
Sortino Ratio Rank
AAINX Omega Ratio Rank: 8989
Omega Ratio Rank
AAINX Calmar Ratio Rank: 8989
Calmar Ratio Rank
AAINX Martin Ratio Rank: 8888
Martin Ratio Rank

TBFAX
TBFAX Risk / Return Rank: 3434
Overall Rank
TBFAX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
TBFAX Sortino Ratio Rank: 3333
Sortino Ratio Rank
TBFAX Omega Ratio Rank: 2323
Omega Ratio Rank
TBFAX Calmar Ratio Rank: 4848
Calmar Ratio Rank
TBFAX Martin Ratio Rank: 3131
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.

AAINX vs. TBFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Opportunity Income Plus Fund (AAINX) and Thrivent Government Bond (TBFAX). 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.


AAINXTBFAXDifference

Sharpe ratio

Return per unit of total volatility

1.95

0.88

+1.07

Sortino ratio

Return per unit of downside risk

2.78

1.29

+1.49

Omega ratio

Gain probability vs. loss probability

1.40

1.15

+0.24

Calmar ratio

Return relative to maximum drawdown

2.46

1.45

+1.01

Martin ratio

Return relative to average drawdown

9.78

4.09

+5.68

AAINX vs. TBFAX - Sharpe Ratio Comparison

The current AAINX Sharpe Ratio is 1.95, which is higher than the TBFAX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of AAINX and TBFAX, 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


AAINXTBFAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.95

0.88

+1.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.01

+0.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

0.21

+0.57

Sharpe Ratio (All Time)

Calculated using the full available price history

1.06

0.28

+0.78

Correlation

The correlation between AAINX and TBFAX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

AAINX vs. TBFAX - Dividend Comparison

AAINX's dividend yield for the trailing twelve months is around 4.29%, more than TBFAX's 3.22% yield.


TTM20252024202320222021202020192018201720162015
AAINX
Thrivent Opportunity Income Plus Fund
4.29%4.62%4.78%3.88%4.00%2.74%2.99%3.76%4.04%3.28%3.55%3.88%
TBFAX
Thrivent Government Bond
3.22%3.54%3.73%2.29%2.08%0.92%3.29%2.08%2.02%1.48%1.25%0.91%

Drawdowns

AAINX vs. TBFAX - Drawdown Comparison

The maximum AAINX drawdown since its inception was -15.72%, smaller than the maximum TBFAX drawdown of -17.68%. Use the drawdown chart below to compare losses from any high point for AAINX and TBFAX.


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Drawdown Indicators


AAINXTBFAXDifference

Max Drawdown

Largest peak-to-trough decline

-15.72%

-17.68%

+1.96%

Max Drawdown (1Y)

Largest decline over 1 year

-2.46%

-2.87%

+0.41%

Max Drawdown (5Y)

Largest decline over 5 years

-14.18%

-16.03%

+1.85%

Max Drawdown (10Y)

Largest decline over 10 years

-15.28%

-17.68%

+2.40%

Current Drawdown

Current decline from peak

-1.93%

-3.65%

+1.72%

Average Drawdown

Average peak-to-trough decline

-1.87%

-4.18%

+2.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.62%

1.02%

-0.40%

Volatility

AAINX vs. TBFAX - Volatility Comparison

The current volatility for Thrivent Opportunity Income Plus Fund (AAINX) is 1.17%, while Thrivent Government Bond (TBFAX) has a volatility of 1.45%. This indicates that AAINX experiences smaller price fluctuations and is considered to be less risky than TBFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


AAINXTBFAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.17%

1.45%

-0.28%

Volatility (6M)

Calculated over the trailing 6-month period

1.74%

2.47%

-0.73%

Volatility (1Y)

Calculated over the trailing 1-year period

2.93%

4.27%

-1.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.96%

5.61%

-1.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.87%

4.72%

-0.85%