AALGX vs. ^NDX
Compare and contrast key facts about Thrivent Global Stock Fund (AALGX) and NASDAQ 100 (^NDX).
AALGX is managed by Thrivent. It was launched on Jul 15, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AALGX or ^NDX.
Key characteristics
AALGX | ^NDX | |
---|---|---|
YTD Return | 17.47% | 20.79% |
1Y Return | 32.23% | 37.48% |
3Y Return (Ann) | 5.35% | 9.69% |
5Y Return (Ann) | 11.35% | 20.94% |
10Y Return (Ann) | 7.44% | 17.77% |
Sharpe Ratio | 2.63 | 2.05 |
Sortino Ratio | 3.61 | 2.70 |
Omega Ratio | 1.47 | 1.36 |
Calmar Ratio | 1.82 | 2.44 |
Martin Ratio | 17.23 | 9.67 |
Ulcer Index | 1.80% | 3.76% |
Daily Std Dev | 11.80% | 17.71% |
Max Drawdown | -61.82% | -82.90% |
Current Drawdown | -0.26% | -1.70% |
Correlation
The correlation between AALGX and ^NDX is 0.78, 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.
Performance
AALGX vs. ^NDX - Performance Comparison
In the year-to-date period, AALGX achieves a 17.47% return, which is significantly lower than ^NDX's 20.79% return. Over the past 10 years, AALGX has underperformed ^NDX with an annualized return of 7.44%, while ^NDX has yielded a comparatively higher 17.77% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AALGX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Global Stock Fund (AALGX) and NASDAQ 100 (^NDX). 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.
Drawdowns
AALGX vs. ^NDX - Drawdown Comparison
The maximum AALGX drawdown since its inception was -61.82%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for AALGX and ^NDX. For additional features, visit the drawdowns tool.
Volatility
AALGX vs. ^NDX - Volatility Comparison
The current volatility for Thrivent Global Stock Fund (AALGX) is 2.54%, while NASDAQ 100 (^NDX) has a volatility of 3.55%. This indicates that AALGX experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.