THLIX vs. AALGX

Last updated Jun 25, 2026

THLIX (Thrivent Limited Maturity Bond Fund) and AALGX (Thrivent Global Stock Fund) are both mutual funds - THLIX is a Short-Term Bond fund managed by Thrivent, while AALGX is a Global Equities fund managed by Thrivent. Over the past 10 years, THLIX returned 2.68%/yr vs 11.78%/yr for AALGX. At a correlation of -0.04, they often move in opposite directions. THLIX charges 0.41%/yr vs 0.97%/yr for AALGX.

Performance

THLIX vs. AALGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Limited Maturity Bond Fund (THLIX) and Thrivent Global Stock Fund (AALGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THLIX achieves a 0.67% return, which is significantly lower than AALGX's 9.12% return. Over the past 10 years, THLIX has underperformed AALGX with an annualized return of 2.68%, while AALGX has yielded a comparatively higher 11.78% annualized return.

THLIX

• 1D: 0.08%
• 1M: 0.35%
• YTD: 0.67%
• 6M: 1.13%
• 1Y: 3.96%
• 3Y*: 5.41%
• 5Y*: 2.72%
• 10Y*: 2.68%

AALGX

• 1D: -1.85%
• 1M: -0.32%
• YTD: 9.12%
• 6M: 8.11%
• 1Y: 21.94%
• 3Y*: 22.73%
• 5Y*: 11.77%
• 10Y*: 11.78%

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

THLIX vs. AALGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
THLIX Thrivent Limited Maturity Bond Fund	0.67%	6.15%	5.65%	5.84%	-4.29%	0.21%	4.06%	4.73%	0.90%	2.36%
AALGX Thrivent Global Stock Fund	9.12%	20.49%	27.79%	21.71%	-19.38%	20.37%	14.46%	22.71%	-8.75%	10.85%

Correlation

The correlation between THLIX and AALGX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jan 3, 2000	-0.04

The correlation between THLIX and AALGX shifts across timeframes, from -0.04 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

THLIX vs. AALGX — Risk / Return Rank

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

THLIX

THLIX Risk / Return Rank: 76
THLIX Sharpe Ratio Rank: 68
THLIX Sortino Ratio Rank: 90
THLIX Omega Ratio Rank: 85
THLIX Calmar Ratio Rank: 66
THLIX Martin Ratio Rank: 69

AALGX

AALGX Risk / Return Rank: 51
AALGX Sharpe Ratio Rank: 47
AALGX Sortino Ratio Rank: 44
AALGX Omega Ratio Rank: 46
AALGX Calmar Ratio Rank: 53
AALGX Martin Ratio Rank: 62

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.

THLIX vs. AALGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Limited Maturity Bond Fund (THLIX) and Thrivent Global Stock Fund (AALGX). 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.

	THLIX	AALGX	Difference
Sharpe ratio: Return per unit of total volatility	2.13	1.81	+0.32
Sortino ratio: Return per unit of downside risk	3.99	2.50	+1.49
Omega ratio: Gain probability vs. loss probability	1.50	1.33	+0.18
Calmar ratio: Return relative to maximum drawdown	2.85	2.59	+0.25
Martin ratio: Return relative to average drawdown	11.86	11.19	+0.67

THLIX vs. AALGX - Sharpe Ratio Comparison

The current THLIX Sharpe Ratio is 2.13, which is comparable to the AALGX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of THLIX and AALGX, 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

THLIX vs. AALGX - Drawdown Comparison

The maximum THLIX drawdown since its inception was -9.42%, smaller than the maximum AALGX drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for THLIX and AALGX.

Drawdown Indicators

	THLIX	AALGX	Difference
Max Drawdown Largest peak-to-trough decline	-9.42%	-55.28%	+45.86%
Max Drawdown (1Y) Largest decline over 1 year	-1.43%	-9.10%	+7.67%
Max Drawdown (3Y) Largest decline over 3 years	-1.43%	-16.65%	+15.22%
Max Drawdown (5Y) Largest decline over 5 years	-6.75%	-34.65%	+27.90%
Max Drawdown (10Y) Largest decline over 10 years	-6.75%	-35.32%	+28.57%
Current Drawdown Current decline from peak	-0.26%	-2.21%	+1.95%
Average Drawdown Average peak-to-trough decline	-0.70%	-10.49%	+9.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	2.10%	-1.76%

Volatility

THLIX vs. AALGX - Volatility Comparison

The current volatility for Thrivent Limited Maturity Bond Fund (THLIX) is 0.61%, while Thrivent Global Stock Fund (AALGX) has a volatility of 5.16%. This indicates that THLIX experiences smaller price fluctuations and is considered to be less risky than AALGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THLIX	AALGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.61%	5.16%	-4.55%
Volatility (6M) Calculated over the trailing 6-month period	1.48%	10.68%	-9.20%
Volatility (1Y) Calculated over the trailing 1-year period	1.91%	13.04%	-11.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.18%	18.79%	-16.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.92%	18.28%	-16.36%

THLIX vs. AALGX - Expense Ratio Comparison

THLIX has a 0.41% expense ratio, which is lower than AALGX's 0.97% expense ratio.

Dividends

THLIX vs. AALGX - Dividend Comparison

THLIX's dividend yield for the trailing twelve months is around 4.31%, less than AALGX's 10.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AALGX Thrivent Global Stock Fund	10.13%	11.05%	23.12%	5.51%	3.21%	14.40%	3.01%	12.68%	9.82%	1.00%	1.15%	0.00%
THLIX Thrivent Limited Maturity Bond Fund	4.31%	4.18%	3.83%	2.53%	2.04%	1.48%	2.04%	2.59%	2.53%	1.93%	1.82%	1.64%

Frequently Asked Questions

Can I hold both THLIX and AALGX in my portfolio?

THLIX and AALGX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, THLIX or AALGX?

AALGX has higher volatility (5.16%) compared to THLIX (0.61%). In terms of maximum drawdown, THLIX dropped -9.42% vs AALGX's -55.28%.

Which has better risk-adjusted returns?

THLIX currently has the higher Sharpe Ratio (2.13 vs 1.81), 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.