TMAAX vs. FYMIX

Last updated Aug 5, 2026

TMAAX (Thrivent Moderately Aggressive Allocation Fund Class A) and FYMIX (Fidelity Sustainable Multi-Asset Fund) are both Diversified Portfolio funds. Over the past 3 years, TMAAX returned 16.69%/yr vs 15.21%/yr for FYMIX. Their correlation of 0.95 means they have usually moved in the same direction. TMAAX charges 1.33%/yr vs 0.05%/yr for FYMIX.

Performance

TMAAX vs. FYMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Moderately Aggressive Allocation Fund Class A (TMAAX) and Fidelity Sustainable Multi-Asset Fund (FYMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TMAAX having a 9.74% return and FYMIX slightly lower at 9.72%.

TMAAX

• 1D: 1.01%
• 1M: 1.26%
• 6M: 7.50%
• YTD: 9.74%
• 1Y: 17.45%
• 3Y*: 16.69%
• 5Y*: 8.49%
• 10Y*: 9.60%
• ALL TIME*: 6.90%

FYMIX

• 1D: 0.93%
• 1M: 0.54%
• 6M: 6.92%
• YTD: 9.72%
• 1Y: 18.56%
• 3Y*: 15.21%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.14%

*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)
FYMIX Fidelity Sustainable Multi-Asset Fund	$0.00	$0.00	$0.00
TMAAX Thrivent Moderately Aggressive Allocation Fund Class A	$0.00	$0.00	$0.00

TMAAX vs. FYMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TMAAX Thrivent Moderately Aggressive Allocation Fund Class A	9.74%	15.13%	19.29%	17.06%	-14.81%
FYMIX Fidelity Sustainable Multi-Asset Fund	9.72%	18.95%	11.09%	16.15%	-15.71%

Correlation

The correlation between TMAAX and FYMIX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.95

The correlation between TMAAX and FYMIX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

TMAAX vs. FYMIX — Risk / Return Rank

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

TMAAX

TMAAX Risk / Return Rank: 68
TMAAX Sharpe Ratio Rank: 66
TMAAX Sortino Ratio Rank: 64
TMAAX Omega Ratio Rank: 62
TMAAX Calmar Ratio Rank: 70
TMAAX Martin Ratio Rank: 80

FYMIX

FYMIX Risk / Return Rank: 63
FYMIX Sharpe Ratio Rank: 63
FYMIX Sortino Ratio Rank: 61
FYMIX Omega Ratio Rank: 61
FYMIX Calmar Ratio Rank: 60
FYMIX Martin Ratio Rank: 69

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.

TMAAX vs. FYMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Moderately Aggressive Allocation Fund Class A (TMAAX) and Fidelity Sustainable Multi-Asset Fund (FYMIX). 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.

	TMAAX	FYMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.68	+0.06
Sortino ratio: Return per unit of downside risk	2.44	2.36	+0.08
Omega ratio: Gain probability vs. loss probability	1.32	1.31	+0.01
Calmar ratio: Return relative to maximum drawdown	2.51	2.28	+0.24
Martin ratio: Return relative to average drawdown	10.80	9.39	+1.41

TMAAX vs. FYMIX - Sharpe Ratio Comparison

The current TMAAX Sharpe Ratio is 1.74, which is comparable to the FYMIX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of TMAAX and FYMIX, 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

TMAAX vs. FYMIX - Drawdown Comparison

The maximum TMAAX drawdown since its inception was -50.54%, which is greater than FYMIX's maximum drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for TMAAX and FYMIX.

Drawdown Indicators

	TMAAX	FYMIX	Difference
Max Drawdown Largest peak-to-trough decline	-50.54%	-22.70%	-27.84%
Max Drawdown (1Y) Largest decline over 1 year	-7.55%	-8.80%	+1.25%
Max Drawdown (3Y) Largest decline over 3 years	-14.37%	-12.72%	-1.65%
Max Drawdown (5Y) Largest decline over 5 years	-26.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.99%	—	—
Current Drawdown Current decline from peak	0.00%	-0.38%	+0.38%
Average Drawdown Average peak-to-trough decline	-7.30%	-5.48%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	2.13%	-0.38%

Volatility

TMAAX vs. FYMIX - Volatility Comparison

The current volatility for Thrivent Moderately Aggressive Allocation Fund Class A (TMAAX) is 3.25%, while Fidelity Sustainable Multi-Asset Fund (FYMIX) has a volatility of 3.53%. This indicates that TMAAX experiences smaller price fluctuations and is considered to be less risky than FYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMAAX	FYMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	3.53%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	10.18%	-1.31%
Volatility (1Y) Calculated over the trailing 1-year period	10.93%	11.95%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.01%	12.79%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.29%	12.79%	+0.50%

TMAAX vs. FYMIX - Expense Ratio Comparison

TMAAX has a 1.33% expense ratio, which is higher than FYMIX's 0.05% expense ratio.

Dividends

TMAAX vs. FYMIX - Dividend Comparison

TMAAX's dividend yield for the trailing twelve months is around 6.64%, more than FYMIX's 3.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYMIX Fidelity Sustainable Multi-Asset Fund	3.36%	3.69%	1.84%	1.78%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TMAAX Thrivent Moderately Aggressive Allocation Fund Class A	6.64%	7.29%	11.82%	3.55%	3.03%	6.94%	4.16%	6.27%	6.01%	1.10%	0.99%	0.76%

Frequently Asked Questions

Can I hold both TMAAX and FYMIX in my portfolio?

With a correlation of 0.96, TMAAX and FYMIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TMAAX or FYMIX?

FYMIX has higher volatility (3.53%) compared to TMAAX (3.25%). In terms of maximum drawdown, TMAAX dropped -50.54% vs FYMIX's -22.70%.

Which has better risk-adjusted returns?

TMAAX currently has the higher Sharpe Ratio (1.74 vs 1.68), 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.