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 | 8.21% | 8.90% |
| 1Y Return | 22.93% | 36.60% |
| 3Y Return (Ann) | 5.07% | 11.04% |
| 5Y Return (Ann) | 9.87% | 19.36% |
| 10Y Return (Ann) | 6.60% | 17.75% |
| Sharpe Ratio | 2.09 | 2.27 |
| Daily Std Dev | 11.32% | 16.44% |
| Max Drawdown | -61.82% | -82.90% |
| Current Drawdown | -0.00% | -0.09% |
Correlation
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 8.21% return, which is significantly lower than ^NDX's 8.90% return. Over the past 10 years, AALGX has underperformed ^NDX with an annualized return of 6.60%, while ^NDX has yielded a comparatively higher 17.75% 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 3.19%, while NASDAQ 100 (^NDX) has a volatility of 5.00%. 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.