AAMBX vs. AAHYX
Compare and contrast key facts about Thrivent Municipal Bond Fund (AAMBX) and Thrivent Diversified Income Plus Fund (AAHYX).
AAMBX is managed by Thrivent. It was launched on Dec 2, 1976. AAHYX is managed by Thrivent. It was launched on Jan 7, 1997.
Performance
AAMBX vs. AAHYX - Performance Comparison
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AAMBX vs. AAHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAMBX Thrivent Municipal Bond Fund | -0.53% | 3.39% | 2.70% | 6.18% | -10.93% | 1.99% | 4.78% | 7.38% | 0.32% | 4.47% |
AAHYX Thrivent Diversified Income Plus Fund | -0.63% | 9.57% | 6.80% | 9.27% | -12.64% | 6.22% | 6.67% | 13.12% | -3.08% | 8.98% |
Returns By Period
In the year-to-date period, AAMBX achieves a -0.53% return, which is significantly higher than AAHYX's -0.63% return. Over the past 10 years, AAMBX has underperformed AAHYX with an annualized return of 1.68%, while AAHYX has yielded a comparatively higher 4.75% annualized return.
AAMBX
- 1D
- 0.40%
- 1M
- -2.06%
- YTD
- -0.53%
- 6M
- 0.85%
- 1Y
- 2.59%
- 3Y*
- 2.94%
- 5Y*
- 0.44%
- 10Y*
- 1.68%
AAHYX
- 1D
- 0.48%
- 1M
- -2.64%
- YTD
- -0.63%
- 6M
- 0.97%
- 1Y
- 7.87%
- 3Y*
- 7.11%
- 5Y*
- 2.98%
- 10Y*
- 4.75%
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AAMBX vs. AAHYX - Expense Ratio Comparison
AAMBX has a 0.74% expense ratio, which is lower than AAHYX's 0.94% expense ratio.
Return for Risk
AAMBX vs. AAHYX — Risk / Return Rank
AAMBX
AAHYX
AAMBX vs. AAHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Municipal Bond Fund (AAMBX) and Thrivent Diversified Income Plus Fund (AAHYX). 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.
| AAMBX | AAHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.50 | 1.63 | -1.14 |
Sortino ratioReturn per unit of downside risk | 0.70 | 2.28 | -1.58 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.33 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 0.67 | 2.28 | -1.61 |
Martin ratioReturn relative to average drawdown | 1.79 | 8.86 | -7.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAMBX | AAHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 1.63 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.52 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.79 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.69 | -0.24 |
Correlation
The correlation between AAMBX and AAHYX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
AAMBX vs. AAHYX - Dividend Comparison
AAMBX's dividend yield for the trailing twelve months is around 3.54%, more than AAHYX's 3.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAMBX Thrivent Municipal Bond Fund | 3.54% | 4.65% | 3.93% | 2.58% | 2.97% | 2.66% | 2.80% | 3.35% | 3.45% | 3.40% | 3.41% | 3.39% |
AAHYX Thrivent Diversified Income Plus Fund | 3.48% | 3.73% | 3.83% | 3.55% | 3.10% | 6.31% | 2.44% | 3.54% | 5.72% | 2.85% | 3.39% | 3.31% |
Drawdowns
AAMBX vs. AAHYX - Drawdown Comparison
The maximum AAMBX drawdown since its inception was -49.18%, which is greater than AAHYX's maximum drawdown of -34.18%. Use the drawdown chart below to compare losses from any high point for AAMBX and AAHYX.
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Drawdown Indicators
| AAMBX | AAHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.18% | -34.18% | -15.00% |
Max Drawdown (1Y)Largest decline over 1 year | -5.89% | -3.68% | -2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -16.52% | +0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -16.17% | -20.04% | +3.87% |
Current DrawdownCurrent decline from peak | -2.44% | -2.95% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -4.58% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 0.95% | +1.25% |
Volatility
AAMBX vs. AAHYX - Volatility Comparison
The current volatility for Thrivent Municipal Bond Fund (AAMBX) is 1.42%, while Thrivent Diversified Income Plus Fund (AAHYX) has a volatility of 1.99%. This indicates that AAMBX experiences smaller price fluctuations and is considered to be less risky than AAHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAMBX | AAHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 1.99% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 2.02% | 3.05% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.12% | 5.03% | +1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.72% | 5.73% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.40% | 6.00% | -1.60% |