RDIV vs. TMVE

Last updated Jul 14, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and TMVE (Thrivent Mid Cap Value ETF) are both Mid Cap Value Equities funds - RDIV tracks the S&P 900 Dividend Revenue-Weighted Index while TMVE tracks the Actively Managed. Both are passively managed. A 0.56 correlation means they provide meaningful diversification when combined. RDIV charges 0.39%/yr vs 0.55%/yr for TMVE.

Performance

RDIV vs. TMVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and Thrivent Mid Cap Value ETF (TMVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RDIV having a 17.92% return and TMVE slightly lower at 17.89%.

RDIV

• 1D: 0.89%
• 1M: 1.00%
• 6M: 14.88%
• YTD: 17.92%
• 1Y: 27.02%
• 3Y*: 19.41%
• 5Y*: 12.81%
• 10Y*: 10.74%

TMVE

• 1D: -0.27%
• 1M: 0.07%
• 6M: 14.60%
• YTD: 17.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDIV vs. TMVE - Yearly Performance Comparison

	2026 (YTD)	2025
RDIV Invesco S&P Ultra Dividend Revenue ETF	17.92%	-0.14%
TMVE Thrivent Mid Cap Value ETF	17.89%	6.04%

Correlation

The correlation between RDIV and TMVE is 0.56, 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	0.56

Return for Risk

RDIV vs. TMVE — Risk / Return Rank

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

RDIV

RDIV Risk / Return Rank: 85
RDIV Sharpe Ratio Rank: 81
RDIV Sortino Ratio Rank: 84
RDIV Omega Ratio Rank: 76
RDIV Calmar Ratio Rank: 94
RDIV Martin Ratio Rank: 90

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.

RDIV vs. TMVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) 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.

	RDIV	TMVE	Difference
Sharpe ratio: Return per unit of total volatility	2.04	—	—
Sortino ratio: Return per unit of downside risk	2.97	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	5.60	—	—
Martin ratio: Return relative to average drawdown	16.01	—	—

Drawdowns

RDIV vs. TMVE - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, which is greater than TMVE's maximum drawdown of -8.21%. Use the drawdown chart below to compare losses from any high point for RDIV and TMVE.

Drawdown Indicators

	RDIV	TMVE	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-8.21%	-41.76%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	—	—
Current Drawdown Current decline from peak	0.00%	-1.26%	+1.26%
Average Drawdown Average peak-to-trough decline	-5.82%	-1.39%	-4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	—	—

Volatility

Volatility by Period

	RDIV	TMVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.34%	13.51%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	13.51%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.84%	13.51%	+8.33%

RDIV vs. TMVE - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is lower than TMVE's 0.55% expense ratio.

Dividends

RDIV vs. TMVE - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.59%, more than TMVE's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.59%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%
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 RDIV and TMVE in my portfolio?

RDIV and TMVE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDIV or TMVE?

On fees, RDIV is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDIV or TMVE?

RDIV is cheaper with a 0.39% expense ratio, compared with 0.55% for TMVE.

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

RDIV has the higher dividend yield at 3.59%, compared with 0.10% for TMVE.

What is the main difference between RDIV and TMVE?

RDIV tracks S&P 900 Dividend Revenue-Weighted Index, while TMVE tracks Actively Managed. They also come from different issuers: Invesco and Thrivent. Their fees differ too: 0.39% for RDIV and 0.55% for TMVE.