TINGX vs. TSUMX
TINGX (Thornburg International Growth Fund) and TSUMX (Thornburg Summit Fund Class I) are both mutual funds - TINGX is a Foreign Large Cap Equities fund managed by Thornburg, while TSUMX is a Diversified Portfolio fund tracking the MSCI AC World NR USD. Over the past 5 years, TINGX returned -0.12%/yr vs 8.29%/yr for TSUMX. Their correlation of 0.83 means they have usually moved in the same direction. TINGX charges 0.99%/yr vs 0.70%/yr for TSUMX.
Performance
TINGX vs. TSUMX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TINGX achieves a 5.86% return, which is significantly lower than TSUMX's 6.96% return.
TINGX
- 1D
- 1.74%
- 1M
- -5.12%
- 6M
- 2.62%
- YTD
- 5.86%
- 1Y
- 8.21%
- 3Y*
- 6.89%
- 5Y*
- -0.12%
- 10Y*
- 6.44%
- ALL TIME*
- 6.49%
TSUMX
- 1D
- 0.07%
- 1M
- -0.13%
- 6M
- 2.72%
- YTD
- 6.96%
- 1Y
- 17.08%
- 3Y*
- 13.92%
- 5Y*
- 8.29%
- 10Y*
- —
- ALL TIME*
- 12.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TINGX vs. TSUMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TINGX Thornburg International Growth Fund | 5.86% | 10.63% | 2.46% | 18.41% | -26.05% | -4.22% | 34.34% | 12.88% |
TSUMX Thornburg Summit Fund Class I | 6.96% | 20.51% | 11.42% | 12.31% | -9.79% | 14.63% | 27.80% | 9.43% |
Correlation
The correlation between TINGX and TSUMX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2019 | 0.83 |
The correlation between TINGX and TSUMX has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TINGX vs. TSUMX — Risk / Return Rank
TINGX
TSUMX
TINGX vs. TSUMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg International Growth Fund (TINGX) and Thornburg Summit Fund Class I (TSUMX). 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.
| TINGX | TSUMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.35 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 2.58 | -2.08 |
| Martin ratioReturn relative to average drawdown | 1.48 | 8.96 | -7.47 |
Loading charts...
Drawdowns
TINGX vs. TSUMX - Drawdown Comparison
The maximum TINGX drawdown since its inception was -62.73%, which is greater than TSUMX's maximum drawdown of -28.87%. Use the drawdown chart below to compare losses from any high point for TINGX and TSUMX.
Loading charts...
Drawdown Indicators
| TINGX | TSUMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.73% | -28.87% | -33.86% |
Max Drawdown (1Y)Largest decline over 1 year | -11.83% | -6.27% | -5.56% |
Max Drawdown (3Y)Largest decline over 3 years | -19.94% | -10.37% | -9.57% |
Max Drawdown (5Y)Largest decline over 5 years | -43.27% | -28.87% | -14.40% |
Max Drawdown (10Y)Largest decline over 10 years | -43.27% | — | — |
Current DrawdownCurrent decline from peak | -6.57% | -3.11% | -3.46% |
Average DrawdownAverage peak-to-trough decline | -13.49% | -7.50% | -5.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 1.80% | +2.19% |
Volatility
TINGX vs. TSUMX - Volatility Comparison
Thornburg International Growth Fund (TINGX) has a higher volatility of 6.01% compared to Thornburg Summit Fund Class I (TSUMX) at 2.26%. This indicates that TINGX's price experiences larger fluctuations and is considered to be riskier than TSUMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TINGX | TSUMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 2.26% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 14.29% | 6.56% | +7.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.74% | 8.42% | +8.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.41% | 13.97% | +3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 13.62% | +3.34% |
TINGX vs. TSUMX - Expense Ratio Comparison
TINGX has a 0.99% expense ratio, which is higher than TSUMX's 0.70% expense ratio.
Dividends
TINGX vs. TSUMX - Dividend Comparison
TINGX's dividend yield for the trailing twelve months is around 1.02%, less than TSUMX's 6.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TINGX Thornburg International Growth Fund | 1.02% | 1.08% | 8.40% | 0.58% | 0.72% | 6.86% | 1.17% | 0.72% | 4.39% | 3.60% | 0.36% | 0.29% |
TSUMX Thornburg Summit Fund Class I | 6.48% | 6.22% | 4.86% | 2.03% | 2.61% | 19.21% | 5.11% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TINGX and TSUMX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TINGX has higher volatility (6.01%) compared to TSUMX (2.26%). In terms of maximum drawdown, TINGX dropped -62.73% vs TSUMX's -28.87%.
TSUMX currently has the higher Sharpe Ratio (1.92 vs 0.35), 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.
Find the right allocation for TINGX and TSUMX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer