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.
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
Key characteristics
AALGX:
0.45
^NDX:
1.58
AALGX:
0.61
^NDX:
2.12
AALGX:
1.11
^NDX:
1.29
AALGX:
0.28
^NDX:
2.11
AALGX:
2.56
^NDX:
7.52
AALGX:
2.66%
^NDX:
3.80%
AALGX:
15.20%
^NDX:
18.07%
AALGX:
-67.94%
^NDX:
-82.90%
AALGX:
-19.36%
^NDX:
-3.65%
Returns By Period
In the year-to-date period, AALGX achieves a 4.65% return, which is significantly lower than ^NDX's 26.53% return. Over the past 10 years, AALGX has underperformed ^NDX with an annualized return of 1.68%, while ^NDX has yielded a comparatively higher 17.44% annualized return.
AALGX
4.65%
-9.99%
-4.35%
5.49%
2.81%
1.68%
^NDX
26.53%
3.01%
8.06%
27.04%
19.69%
17.44%
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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 -67.94%, 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
Thrivent Global Stock Fund (AALGX) has a higher volatility of 10.88% compared to NASDAQ 100 (^NDX) at 5.35%. This indicates that AALGX's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.