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AALGX vs. ^NDX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


AALGX^NDX
YTD Return12.35%17.67%
1Y Return17.32%24.98%
3Y Return (Ann)5.49%10.51%
5Y Return (Ann)10.12%20.44%
10Y Return (Ann)6.49%17.56%
Sharpe Ratio1.681.62
Daily Std Dev10.82%16.04%
Max Drawdown-61.82%-82.90%
Current Drawdown-1.26%-4.24%

Correlation

-0.50.00.51.00.8

The correlation between AALGX and ^NDX is 0.77, 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 12.35% return, which is significantly lower than ^NDX's 17.67% return. Over the past 10 years, AALGX has underperformed ^NDX with an annualized return of 6.49%, while ^NDX has yielded a comparatively higher 17.56% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%FebruaryMarchAprilMayJuneJuly
606.22%
9,601.89%
AALGX
^NDX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Thrivent Global Stock Fund

NASDAQ 100

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.


AALGX
Sharpe ratio
The chart of Sharpe ratio for AALGX, currently valued at 1.68, compared to the broader market-1.000.001.002.003.004.005.001.68
Sortino ratio
The chart of Sortino ratio for AALGX, currently valued at 2.41, compared to the broader market0.005.0010.002.41
Omega ratio
The chart of Omega ratio for AALGX, currently valued at 1.29, compared to the broader market1.002.003.004.001.29
Calmar ratio
The chart of Calmar ratio for AALGX, currently valued at 1.07, compared to the broader market0.005.0010.0015.0020.001.07
Martin ratio
The chart of Martin ratio for AALGX, currently valued at 5.38, compared to the broader market0.0020.0040.0060.0080.00100.005.38
^NDX
Sharpe ratio
The chart of Sharpe ratio for ^NDX, currently valued at 1.62, compared to the broader market-1.000.001.002.003.004.005.001.62
Sortino ratio
The chart of Sortino ratio for ^NDX, currently valued at 2.23, compared to the broader market0.005.0010.002.23
Omega ratio
The chart of Omega ratio for ^NDX, currently valued at 1.28, compared to the broader market1.002.003.004.001.28
Calmar ratio
The chart of Calmar ratio for ^NDX, currently valued at 1.75, compared to the broader market0.005.0010.0015.0020.001.75
Martin ratio
The chart of Martin ratio for ^NDX, currently valued at 7.67, compared to the broader market0.0020.0040.0060.0080.00100.007.68

AALGX vs. ^NDX - Sharpe Ratio Comparison

The current AALGX Sharpe Ratio is 1.68, which roughly equals the ^NDX Sharpe Ratio of 1.62. The chart below compares the 12-month rolling Sharpe Ratio of AALGX and ^NDX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
1.68
1.62
AALGX
^NDX

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.


-8.00%-6.00%-4.00%-2.00%0.00%FebruaryMarchAprilMayJuneJuly
-1.26%
-4.24%
AALGX
^NDX

Volatility

AALGX vs. ^NDX - Volatility Comparison

The current volatility for Thrivent Global Stock Fund (AALGX) is 2.24%, while NASDAQ 100 (^NDX) has a volatility of 5.04%. 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.


2.00%3.00%4.00%5.00%6.00%FebruaryMarchAprilMayJuneJuly
2.24%
5.04%
AALGX
^NDX