TBFAX vs. META

Last updated Aug 1, 2026

TBFAX (Thrivent Government Bond) is Government Bonds fund managed by Thrivent, while META (Meta Platforms, Inc.) is a stock. Over the past 10 years, TBFAX returned 0.71%/yr vs 16.39%/yr for META. Their -0.05 correlation means they have often moved in opposite directions in the past.

Performance

TBFAX vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Government Bond (TBFAX) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TBFAX achieves a -1.04% return, which is significantly higher than META's -15.51% return. Over the past 10 years, TBFAX has underperformed META with an annualized return of 0.71%, while META has yielded a comparatively higher 16.39% annualized return.

TBFAX

• 1D: 0.00%
• 1M: -1.02%
• 6M: -1.09%
• YTD: -1.04%
• 1Y: 1.45%
• 3Y*: 3.10%
• 5Y*: -0.44%
• 10Y*: 0.71%
• ALL TIME*: 1.19%

META

• 1D: 3.28%
• 1M: -4.49%
• 6M: -22.16%
• YTD: -15.51%
• 1Y: -25.53%
• 3Y*: 20.28%
• 5Y*: 9.53%
• 10Y*: 16.39%
• ALL TIME*: 20.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
META Meta Platforms, Inc.	$9.87B	$11.79B	$10.93B
TBFAX Thrivent Government Bond	$0.00	$0.00	$0.00

TBFAX vs. META - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TBFAX Thrivent Government Bond	-1.04%	7.00%	0.96%	3.52%	-10.67%	-1.92%	6.93%	5.70%	-0.02%	1.79%
META Meta Platforms, Inc.	-15.51%	13.09%	66.05%	194.13%	-64.22%	23.13%	33.09%	56.57%	-25.71%	53.38%

Correlation

The correlation between TBFAX and META is 0.12, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.12
Correlation (3Y) Balances recent behavior with more history.	0.05
Correlation (5Y) Shows whether the relationship held over a longer period.	0.07
Correlation (10Y) Provides a long-term view across more market conditions.	0.00
Correlation (All Time) Calculated using the full available price history since May 18, 2012	-0.05

The correlation between TBFAX and META shifts across timeframes, from -0.05 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TBFAX vs. META — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TBFAX

TBFAX Risk / Return Rank: 17
TBFAX Sharpe Ratio Rank: 18
TBFAX Sortino Ratio Rank: 18
TBFAX Omega Ratio Rank: 17
TBFAX Calmar Ratio Rank: 16
TBFAX Martin Ratio Rank: 14

META

META Risk / Return Rank: 11
META Sharpe Ratio Rank: 12
META Sortino Ratio Rank: 14
META Omega Ratio Rank: 14
META Calmar Ratio Rank: 11
META Martin Ratio Rank: 5

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TBFAX vs. META - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Government Bond (TBFAX) and Meta Platforms, Inc. (META). 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.

	TBFAX	META	Difference
Sharpe ratio: Return per unit of total volatility	0.74	-0.73	+1.47
Sortino ratio: Return per unit of downside risk	1.10	-0.91	+2.01
Omega ratio: Gain probability vs. loss probability	1.13	0.89	+0.24
Calmar ratio: Return relative to maximum drawdown	0.84	-0.84	+1.68
Martin ratio: Return relative to average drawdown	1.98	-1.52	+3.50

TBFAX vs. META - Sharpe Ratio Comparison

The current TBFAX Sharpe Ratio is 0.74, which is higher than the META Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of TBFAX and META, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TBFAX vs. META - Drawdown Comparison

The maximum TBFAX drawdown since its inception was -17.68%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for TBFAX and META.

Drawdown Indicators

	TBFAX	META	Difference
Max Drawdown Largest peak-to-trough decline	-17.68%	-76.74%	+59.06%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	-33.30%	+30.09%
Max Drawdown (3Y) Largest decline over 3 years	-5.53%	-34.15%	+28.62%
Max Drawdown (5Y) Largest decline over 5 years	-16.03%	-76.74%	+60.71%
Max Drawdown (10Y) Largest decline over 10 years	-17.68%	-76.74%	+59.06%
Current Drawdown Current decline from peak	-4.30%	-29.30%	+25.00%
Average Drawdown Average peak-to-trough decline	-4.17%	-15.90%	+11.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.37%	18.25%	-16.88%

Volatility

TBFAX vs. META - Volatility Comparison

The current volatility for Thrivent Government Bond (TBFAX) is 0.90%, while Meta Platforms, Inc. (META) has a volatility of 15.37%. This indicates that TBFAX experiences smaller price fluctuations and is considered to be less risky than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBFAX	META	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.90%	15.37%	-14.47%
Volatility (6M) Calculated over the trailing 6-month period	2.84%	30.29%	-27.45%
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	39.78%	-36.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.66%	44.68%	-39.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.72%	39.10%	-34.38%

Dividends

TBFAX vs. META - Dividend Comparison

TBFAX's dividend yield for the trailing twelve months is around 3.22%, more than META's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
META Meta Platforms, Inc.	0.38%	0.32%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TBFAX Thrivent Government Bond	3.22%	3.54%	3.73%	2.29%	2.08%	0.92%	3.29%	2.08%	2.02%	1.48%	1.25%	0.91%

Frequently Asked Questions

Can I hold both TBFAX and META in my portfolio?

TBFAX and META have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TBFAX or META?

META has higher volatility (15.37%) compared to TBFAX (0.90%). In terms of maximum drawdown, TBFAX dropped -17.68% vs META's -76.74%.

Which has better risk-adjusted returns?

TBFAX currently has the higher Sharpe Ratio (0.74 vs -0.73), 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.