TAAAX vs. TMSIX

Last updated Jun 4, 2026

TAAAX (Thrivent Aggressive Allocation Fund) and TMSIX (Thrivent Mid Cap Stock Fund Class S) are both mutual funds - TAAAX is a Diversified Portfolio fund managed by Thrivent, while TMSIX is a Mid Cap Blend Equities fund managed by Thrivent. Over the past 10 years, TAAAX returned 11.69%/yr vs 12.29%/yr for TMSIX. Their correlation of 0.94 suggests significant overlap in exposure. TAAAX charges 0.93%/yr vs 0.74%/yr for TMSIX.

Performance

TAAAX vs. TMSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Aggressive Allocation Fund (TAAAX) and Thrivent Mid Cap Stock Fund Class S (TMSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TAAAX achieves a 10.80% return, which is significantly lower than TMSIX's 15.19% return. Over the past 10 years, TAAAX has underperformed TMSIX with an annualized return of 11.69%, while TMSIX has yielded a comparatively higher 12.29% annualized return.

TAAAX

• 1D: 0.41%
• 1M: 4.95%
• YTD: 10.80%
• 6M: 11.07%
• 1Y: 25.26%
• 3Y*: 20.32%
• 5Y*: 10.56%
• 10Y*: 11.69%

TMSIX

• 1D: 0.70%
• 1M: 4.85%
• YTD: 15.19%
• 6M: 14.64%
• 1Y: 20.73%
• 3Y*: 14.71%
• 5Y*: 7.00%
• 10Y*: 12.29%

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

TAAAX vs. TMSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TAAAX Thrivent Aggressive Allocation Fund	10.80%	15.18%	23.46%	18.79%	-18.19%	19.56%	16.42%	24.52%	-6.90%	14.30%
TMSIX Thrivent Mid Cap Stock Fund Class S	15.19%	4.64%	14.08%	13.90%	-17.68%	28.06%	21.96%	24.88%	-10.47%	18.90%

Correlation

The correlation between TAAAX and TMSIX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.94

The correlation between TAAAX and TMSIX shifts across timeframes, from 0.83 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TAAAX vs. TMSIX — Risk / Return Rank

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

TAAAX

TAAAX Risk / Return Rank: 59
TAAAX Sharpe Ratio Rank: 56
TAAAX Sortino Ratio Rank: 54
TAAAX Omega Ratio Rank: 54
TAAAX Calmar Ratio Rank: 61
TAAAX Martin Ratio Rank: 69

TMSIX

TMSIX Risk / Return Rank: 34
TMSIX Sharpe Ratio Rank: 29
TMSIX Sortino Ratio Rank: 29
TMSIX Omega Ratio Rank: 28
TMSIX Calmar Ratio Rank: 42
TMSIX Martin Ratio Rank: 41

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.

TAAAX vs. TMSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Aggressive Allocation Fund (TAAAX) and Thrivent Mid Cap Stock Fund Class S (TMSIX). 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.

	TAAAX	TMSIX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	1.54	+0.69
Sortino ratio: Return per unit of downside risk	3.07	2.24	+0.83
Omega ratio: Gain probability vs. loss probability	1.40	1.27	+0.13
Calmar ratio: Return relative to maximum drawdown	3.02	2.44	+0.57
Martin ratio: Return relative to average drawdown	13.35	8.82	+4.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TAAAX vs. TMSIX - Sharpe Ratio Comparison

The current TAAAX Sharpe Ratio is 2.22, which is higher than the TMSIX Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of TAAAX and TMSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TAAAX	TMSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	1.54	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.34	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.60	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.47	-0.06

Drawdowns

TAAAX vs. TMSIX - Drawdown Comparison

The maximum TAAAX drawdown since its inception was -56.23%, roughly equal to the maximum TMSIX drawdown of -56.10%. Use the drawdown chart below to compare losses from any high point for TAAAX and TMSIX.

Drawdown Indicators

	TAAAX	TMSIX	Difference
Max Drawdown Largest peak-to-trough decline	-56.23%	-56.10%	-0.13%
Max Drawdown (1Y) Largest decline over 1 year	-8.63%	-8.97%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	-17.38%	-20.18%	+2.80%
Max Drawdown (5Y) Largest decline over 5 years	-29.84%	-31.57%	+1.73%
Max Drawdown (10Y) Largest decline over 10 years	-33.33%	-40.66%	+7.33%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.76%	-10.00%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.48%	-0.53%

Volatility

TAAAX vs. TMSIX - Volatility Comparison

The current volatility for Thrivent Aggressive Allocation Fund (TAAAX) is 3.12%, while Thrivent Mid Cap Stock Fund Class S (TMSIX) has a volatility of 3.52%. This indicates that TAAAX experiences smaller price fluctuations and is considered to be less risky than TMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAAAX	TMSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	3.52%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	10.87%	-1.78%
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	14.29%	-2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.79%	20.42%	-3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.75%	20.46%	-3.71%

TAAAX vs. TMSIX - Expense Ratio Comparison

TAAAX has a 0.93% expense ratio, which is higher than TMSIX's 0.74% expense ratio.

Dividends

TAAAX vs. TMSIX - Dividend Comparison

TAAAX's dividend yield for the trailing twelve months is around 6.90%, less than TMSIX's 10.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TAAAX Thrivent Aggressive Allocation Fund	6.90%	7.64%	15.10%	3.64%	2.40%	10.30%	3.01%	6.32%	9.31%	0.39%	0.52%	0.28%
TMSIX Thrivent Mid Cap Stock Fund Class S	10.76%	12.39%	7.91%	1.48%	2.86%	10.77%	3.26%	2.77%	11.64%	7.92%	4.10%	11.95%

Frequently Asked Questions

Can I hold both TAAAX and TMSIX in my portfolio?

TAAAX and TMSIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TAAAX or TMSIX?

TMSIX has higher volatility (3.52%) compared to TAAAX (3.12%). In terms of maximum drawdown, TAAAX dropped -56.23% vs TMSIX's -56.10%.

Which has better risk-adjusted returns?

TAAAX currently has the higher Sharpe Ratio (2.22 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.