AMRC vs. TSME
Compare and contrast key facts about Ameresco, Inc. (AMRC) and Thrivent Small-Mid Cap ESG ETF (TSME).
TSME is an actively managed fund by Thrivent. It was launched on Oct 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMRC or TSME.
Key characteristics
| AMRC | TSME | |
|---|---|---|
| YTD Return | -3.85% | 14.97% |
| 1Y Return | -29.98% | 20.69% |
| Sharpe Ratio | -0.38 | 1.09 |
| Daily Std Dev | 79.19% | 18.94% |
| Max Drawdown | -81.43% | -16.50% |
| Current Drawdown | -68.77% | -2.17% |
Correlation
The correlation between AMRC and TSME is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMRC vs. TSME - Performance Comparison
In the year-to-date period, AMRC achieves a -3.85% return, which is significantly lower than TSME's 14.97% 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
AMRC vs. TSME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ameresco, Inc. (AMRC) and Thrivent Small-Mid Cap ESG ETF (TSME). 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.
Dividends
AMRC vs. TSME - Dividend Comparison
AMRC has not paid dividends to shareholders, while TSME's dividend yield for the trailing twelve months is around 0.46%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AMRC Ameresco, Inc. | 0.00% | 0.00% | 0.00% |
TSME Thrivent Small-Mid Cap ESG ETF | 0.46% | 0.53% | 0.16% |
Drawdowns
AMRC vs. TSME - Drawdown Comparison
The maximum AMRC drawdown since its inception was -81.43%, which is greater than TSME's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for AMRC and TSME. For additional features, visit the drawdowns tool.
Volatility
AMRC vs. TSME - Volatility Comparison
Ameresco, Inc. (AMRC) has a higher volatility of 20.03% compared to Thrivent Small-Mid Cap ESG ETF (TSME) at 7.09%. This indicates that AMRC's price experiences larger fluctuations and is considered to be riskier than TSME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.