CCFE vs. TMVE

Last updated Jun 24, 2026

CCFE (Concourse Capital Focused Equity ETF) and TMVE (Thrivent Mid Cap Value ETF) are both Mid Cap Value Equities funds. CCFE is actively managed, while TMVE is passively managed. Their correlation of 0.84 suggests significant overlap in exposure. CCFE charges 0.95%/yr vs 0.55%/yr for TMVE.

Performance

CCFE vs. TMVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Concourse Capital Focused Equity ETF (CCFE) and Thrivent Mid Cap Value ETF (TMVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCFE achieves a 2.37% return, which is significantly lower than TMVE's 17.39% return.

CCFE

• 1D: -1.72%
• 1M: 1.00%
• YTD: 2.37%
• 6M: 0.64%
• 1Y: 12.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TMVE

• 1D: -0.32%
• 1M: 3.25%
• YTD: 17.39%
• 6M: 16.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CCFE vs. TMVE - Yearly Performance Comparison

	2026 (YTD)	2025
CCFE Concourse Capital Focused Equity ETF	2.37%	2.53%
TMVE Thrivent Mid Cap Value ETF	17.39%	6.04%

Correlation

The correlation between CCFE and TMVE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.84

Return for Risk

CCFE vs. TMVE — Risk / Return Rank

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

CCFE

CCFE Risk / Return Rank: 16
CCFE Sharpe Ratio Rank: 17
CCFE Sortino Ratio Rank: 18
CCFE Omega Ratio Rank: 16
CCFE Calmar Ratio Rank: 16
CCFE Martin Ratio Rank: 15

TMVE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CCFE vs. TMVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Concourse Capital Focused Equity ETF (CCFE) and Thrivent Mid Cap Value ETF (TMVE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CCFE	TMVE	Difference
Sharpe ratio: Return per unit of total volatility	0.50	—	—
Sortino ratio: Return per unit of downside risk	0.91	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.58	—	—
Martin ratio: Return relative to average drawdown	1.37	—	—

Drawdowns

CCFE vs. TMVE - Drawdown Comparison

The maximum CCFE drawdown since its inception was -21.15%, which is greater than TMVE's maximum drawdown of -8.21%. Use the drawdown chart below to compare losses from any high point for CCFE and TMVE.

Drawdown Indicators

	CCFE	TMVE	Difference
Max Drawdown Largest peak-to-trough decline	-21.15%	-8.21%	-12.94%
Max Drawdown (1Y) Largest decline over 1 year	-21.15%	—	—
Current Drawdown Current decline from peak	-14.46%	-0.69%	-13.77%
Average Drawdown Average peak-to-trough decline	-6.79%	-1.43%	-5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.92%	—	—

Volatility

Volatility by Period

	CCFE	TMVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.59%	13.81%	+10.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.49%	13.81%	+10.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.49%	13.81%	+10.68%

CCFE vs. TMVE - Expense Ratio Comparison

CCFE has a 0.95% expense ratio, which is higher than TMVE's 0.55% expense ratio.

Dividends

CCFE vs. TMVE - Dividend Comparison

CCFE's dividend yield for the trailing twelve months is around 0.02%, less than TMVE's 0.10% yield.

Position	TTM	2025
CCFE Concourse Capital Focused Equity ETF	0.02%	0.02%
TMVE Thrivent Mid Cap Value ETF	0.10%	0.12%

Frequently Asked Questions

Can I hold both CCFE and TMVE in my portfolio?

CCFE and TMVE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CCFE or TMVE?

On fees, TMVE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCFE or TMVE?

TMVE is cheaper with a 0.55% expense ratio, compared with 0.95% for CCFE.

Which ETF pays a higher dividend yield, CCFE or TMVE?

TMVE has the higher dividend yield at 0.10%, compared with 0.02% for CCFE.

What is the main difference between CCFE and TMVE?

They also come from different issuers: Concourse Capital and Thrivent. Their fees differ too: 0.95% for CCFE and 0.55% for TMVE.