AALGX vs. ^NDX

Last updated Apr 2, 2026

Compare and contrast key facts about Thrivent Global Stock Fund (AALGX) and NASDAQ 100 Index (^NDX).

AALGX is managed by Thrivent. It was launched on Jul 15, 1987.

Performance

AALGX vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Global Stock Fund (AALGX) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

AALGX vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AALGX Thrivent Global Stock Fund	-1.71%	20.49%	27.79%	21.71%	-19.38%	20.37%	14.46%	22.71%	-8.75%	10.85%
^NDX NASDAQ 100 Index	-4.87%	20.17%	24.88%	53.81%	-32.97%	26.63%	47.58%	37.96%	-1.04%	31.52%

Returns By Period

In the year-to-date period, AALGX achieves a -1.71% return, which is significantly higher than ^NDX's -4.87% return. Over the past 10 years, AALGX has underperformed ^NDX with an annualized return of 10.23%, while ^NDX has yielded a comparatively higher 18.15% annualized return.

AALGX

• 1D: 2.84%
• 1M: -5.61%
• YTD: -1.71%
• 6M: 1.03%
• 1Y: 19.24%
• 3Y*: 19.98%
• 5Y*: 10.86%
• 10Y*: 10.23%

^NDX

• 1D: 1.18%
• 1M: -3.89%
• YTD: -4.87%
• 6M: -3.15%
• 1Y: 23.58%
• 3Y*: 22.14%
• 5Y*: 12.50%
• 10Y*: 18.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AALGX vs. ^NDX — Risk / Return Rank

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

AALGX

AALGX Risk / Return Rank: 65
AALGX Sharpe Ratio Rank: 60
AALGX Sortino Ratio Rank: 62
AALGX Omega Ratio Rank: 62
AALGX Calmar Ratio Rank: 66
AALGX Martin Ratio Rank: 76

^NDX

^NDX Risk / Return Rank: 76
^NDX Sharpe Ratio Rank: 70
^NDX Sortino Ratio Rank: 74
^NDX Omega Ratio Rank: 74
^NDX Calmar Ratio Rank: 81
^NDX Martin Ratio Rank: 80

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.

AALGX vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Global Stock Fund (AALGX) and NASDAQ 100 Index (^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	^NDX	Difference
Sharpe ratio Return per unit of total volatility	1.15	1.04	+0.11
Sortino ratio Return per unit of downside risk	1.70	1.62	+0.08
Omega ratio Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio Return relative to maximum drawdown	1.67	1.93	-0.26
Martin ratio Return relative to average drawdown	7.86	7.05	+0.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AALGX vs. ^NDX - Sharpe Ratio Comparison

The current AALGX Sharpe Ratio is 1.15, which is comparable to the ^NDX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of AALGX and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AALGX	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	1.04	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.56	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.81	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.55	-0.12

Correlation

The correlation between AALGX and ^NDX is 0.83, 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.

Drawdowns

AALGX vs. ^NDX - Drawdown Comparison

The maximum AALGX drawdown since its inception was -55.28%, 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.

Drawdown Indicators

	AALGX	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-55.28%	-82.90%	+27.62%
Max Drawdown (1Y) Largest decline over 1 year	-11.83%	-12.72%	+0.89%
Max Drawdown (5Y) Largest decline over 5 years	-34.65%	-35.56%	+0.91%
Max Drawdown (10Y) Largest decline over 10 years	-35.32%	-35.56%	+0.24%
Current Drawdown Current decline from peak	-6.52%	-8.04%	+1.52%
Average Drawdown Average peak-to-trough decline	-10.56%	-24.72%	+14.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.49%	-0.98%

Volatility

AALGX vs. ^NDX - Volatility Comparison

The current volatility for Thrivent Global Stock Fund (AALGX) is 6.02%, while NASDAQ 100 Index (^NDX) has a volatility of 6.65%. 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.

Volatility by Period

	AALGX	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.02%	6.65%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	9.70%	12.93%	-3.23%
Volatility (1Y) Calculated over the trailing 1-year period	17.07%	22.77%	-5.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	22.61%	-3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.31%	22.48%	-4.17%