DIV vs. TMVE

Last updated Jun 24, 2026

DIV (Global X SuperDividend U.S. ETF) and TMVE (Thrivent Mid Cap Value ETF) are both Mid Cap Value Equities funds - DIV tracks the Indxx SuperDividend® U.S. Low Volatility Index while TMVE tracks the Actively Managed. Both are passively managed. A 0.55 correlation means they provide meaningful diversification when combined. DIV charges 0.45%/yr vs 0.55%/yr for TMVE.

Performance

DIV vs. TMVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperDividend U.S. ETF (DIV) 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, DIV achieves a 13.39% return, which is significantly lower than TMVE's 17.39% return.

DIV

• 1D: 1.81%
• 1M: -1.67%
• YTD: 13.39%
• 6M: 13.87%
• 1Y: 15.53%
• 3Y*: 12.84%
• 5Y*: 5.62%
• 10Y*: 4.14%

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)

DIV vs. TMVE - Yearly Performance Comparison

	2026 (YTD)	2025
DIV Global X SuperDividend U.S. ETF	13.39%	0.15%
TMVE Thrivent Mid Cap Value ETF	17.39%	6.04%

Correlation

The correlation between DIV and TMVE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.55

Return for Risk

DIV vs. TMVE — Risk / Return Rank

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

DIV

DIV Risk / Return Rank: 48
DIV Sharpe Ratio Rank: 43
DIV Sortino Ratio Rank: 43
DIV Omega Ratio Rank: 39
DIV Calmar Ratio Rank: 63
DIV Martin Ratio Rank: 49

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.

DIV vs. TMVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend U.S. ETF (DIV) 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.

	DIV	TMVE	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	2.11	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.98	—	—
Martin ratio: Return relative to average drawdown	8.09	—	—

Drawdowns

DIV vs. TMVE - Drawdown Comparison

The maximum DIV drawdown since its inception was -52.74%, which is greater than TMVE's maximum drawdown of -8.21%. Use the drawdown chart below to compare losses from any high point for DIV and TMVE.

Drawdown Indicators

	DIV	TMVE	Difference
Max Drawdown Largest peak-to-trough decline	-52.74%	-8.21%	-44.53%
Max Drawdown (1Y) Largest decline over 1 year	-5.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.74%	—	—
Current Drawdown Current decline from peak	-1.67%	-0.69%	-0.98%
Average Drawdown Average peak-to-trough decline	-7.01%	-1.43%	-5.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	—	—

Volatility

Volatility by Period

	DIV	TMVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.64%	13.81%	-3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.69%	13.81%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.00%	13.81%	+4.19%

DIV vs. TMVE - Expense Ratio Comparison

DIV has a 0.45% expense ratio, which is lower than TMVE's 0.55% expense ratio.

Dividends

DIV vs. TMVE - Dividend Comparison

DIV's dividend yield for the trailing twelve months is around 6.77%, more than TMVE's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIV Global X SuperDividend U.S. ETF	6.77%	7.30%	5.74%	7.13%	6.62%	5.24%	8.01%	7.65%	7.08%	5.92%	6.78%	8.44%
TMVE Thrivent Mid Cap Value ETF	0.10%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIV and TMVE in my portfolio?

DIV and TMVE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIV or TMVE?

On fees, DIV is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIV or TMVE?

DIV is cheaper with a 0.45% expense ratio, compared with 0.55% for TMVE.

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

DIV has the higher dividend yield at 6.77%, compared with 0.10% for TMVE.

What is the main difference between DIV and TMVE?

DIV tracks Indxx SuperDividend® U.S. Low Volatility Index, while TMVE tracks Actively Managed. They also come from different issuers: Global X and Thrivent. Their fees differ too: 0.45% for DIV and 0.55% for TMVE.