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TINGX vs. LTUSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TINGX vs. LTUSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thornburg International Growth Fund (TINGX) and Thornburg Limited Term U.S. Government Fund (LTUSX). The values are adjusted to include any dividend payments, if applicable.

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TINGX vs. LTUSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TINGX
Thornburg International Growth Fund
-3.51%10.63%2.46%18.41%-26.05%-4.22%34.34%26.27%-16.75%34.94%
LTUSX
Thornburg Limited Term U.S. Government Fund
0.29%6.40%2.40%3.40%-8.06%-1.82%3.77%3.61%0.98%0.60%

Returns By Period

In the year-to-date period, TINGX achieves a -3.51% return, which is significantly lower than LTUSX's 0.29% return. Over the past 10 years, TINGX has outperformed LTUSX with an annualized return of 5.62%, while LTUSX has yielded a comparatively lower 1.02% annualized return.


TINGX

1D
3.30%
1M
-6.01%
YTD
-3.51%
6M
-5.81%
1Y
7.75%
3Y*
5.00%
5Y*
-1.50%
10Y*
5.62%

LTUSX

1D
-0.08%
1M
-1.29%
YTD
0.29%
6M
1.12%
1Y
3.98%
3Y*
3.43%
5Y*
0.70%
10Y*
1.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TINGX vs. LTUSX - Expense Ratio Comparison

TINGX has a 0.99% expense ratio, which is higher than LTUSX's 0.92% expense ratio.


Return for Risk

TINGX vs. LTUSX — Risk / Return Rank

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

TINGX
TINGX Risk / Return Rank: 1414
Overall Rank
TINGX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
TINGX Sortino Ratio Rank: 1515
Sortino Ratio Rank
TINGX Omega Ratio Rank: 1414
Omega Ratio Rank
TINGX Calmar Ratio Rank: 1515
Calmar Ratio Rank
TINGX Martin Ratio Rank: 1414
Martin Ratio Rank

LTUSX
LTUSX Risk / Return Rank: 6161
Overall Rank
LTUSX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
LTUSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
LTUSX Omega Ratio Rank: 4646
Omega Ratio Rank
LTUSX Calmar Ratio Rank: 8080
Calmar Ratio Rank
LTUSX Martin Ratio Rank: 5757
Martin Ratio Rank
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.

TINGX vs. LTUSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thornburg International Growth Fund (TINGX) and Thornburg Limited Term U.S. Government Fund (LTUSX). 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.


TINGXLTUSXDifference

Sharpe ratio

Return per unit of total volatility

0.48

1.25

-0.77

Sortino ratio

Return per unit of downside risk

0.79

1.81

-1.02

Omega ratio

Gain probability vs. loss probability

1.11

1.22

-0.12

Calmar ratio

Return relative to maximum drawdown

0.56

2.21

-1.66

Martin ratio

Return relative to average drawdown

1.74

6.75

-5.00

TINGX vs. LTUSX - Sharpe Ratio Comparison

The current TINGX Sharpe Ratio is 0.48, which is lower than the LTUSX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of TINGX and LTUSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TINGXLTUSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.48

1.25

-0.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.09

0.18

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

0.33

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

1.15

-0.81

Correlation

The correlation between TINGX and LTUSX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

TINGX vs. LTUSX - Dividend Comparison

TINGX's dividend yield for the trailing twelve months is around 1.12%, less than LTUSX's 2.33% yield.


TTM20252024202320222021202020192018201720162015
TINGX
Thornburg International Growth Fund
1.12%1.08%8.40%0.58%0.72%6.86%1.17%0.72%4.39%3.60%0.36%0.29%
LTUSX
Thornburg Limited Term U.S. Government Fund
2.33%2.69%2.62%1.89%1.63%1.21%1.35%1.77%1.90%1.45%2.52%1.50%

Drawdowns

TINGX vs. LTUSX - Drawdown Comparison

The maximum TINGX drawdown since its inception was -62.73%, which is greater than LTUSX's maximum drawdown of -12.34%. Use the drawdown chart below to compare losses from any high point for TINGX and LTUSX.


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Drawdown Indicators


TINGXLTUSXDifference

Max Drawdown

Largest peak-to-trough decline

-62.73%

-12.34%

-50.39%

Max Drawdown (1Y)

Largest decline over 1 year

-11.83%

-2.00%

-9.83%

Max Drawdown (5Y)

Largest decline over 5 years

-43.27%

-11.69%

-31.58%

Max Drawdown (10Y)

Largest decline over 10 years

-43.27%

-12.34%

-30.93%

Current Drawdown

Current decline from peak

-14.68%

-1.68%

-13.00%

Average Drawdown

Average peak-to-trough decline

-13.64%

-1.40%

-12.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.79%

0.66%

+3.13%

Volatility

TINGX vs. LTUSX - Volatility Comparison

Thornburg International Growth Fund (TINGX) has a higher volatility of 6.60% compared to Thornburg Limited Term U.S. Government Fund (LTUSX) at 1.19%. This indicates that TINGX's price experiences larger fluctuations and is considered to be riskier than LTUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TINGXLTUSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.60%

1.19%

+5.41%

Volatility (6M)

Calculated over the trailing 6-month period

11.10%

1.99%

+9.11%

Volatility (1Y)

Calculated over the trailing 1-year period

16.77%

3.28%

+13.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.00%

3.99%

+13.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.99%

3.06%

+13.93%