TMAAX vs. QQQ
Compare and contrast key facts about Thrivent Moderately Aggressive Allocation Fund Class A (TMAAX) and Invesco QQQ (QQQ).
TMAAX is managed by Thrivent. It was launched on Jun 30, 2005. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMAAX or QQQ.
Correlation
The correlation between TMAAX and QQQ is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TMAAX vs. QQQ - Performance Comparison
Key characteristics
TMAAX:
0.86
QQQ:
1.40
TMAAX:
1.15
QQQ:
1.90
TMAAX:
1.17
QQQ:
1.25
TMAAX:
0.86
QQQ:
1.88
TMAAX:
3.02
QQQ:
6.51
TMAAX:
3.12%
QQQ:
3.92%
TMAAX:
10.94%
QQQ:
18.23%
TMAAX:
-51.24%
QQQ:
-82.98%
TMAAX:
-4.87%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, TMAAX achieves a 3.52% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, TMAAX has underperformed QQQ with an annualized return of 3.64%, while QQQ has yielded a comparatively higher 18.32% annualized return.
TMAAX
3.52%
0.63%
1.35%
9.77%
4.36%
3.64%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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TMAAX vs. QQQ - Expense Ratio Comparison
TMAAX has a 1.33% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TMAAX vs. QQQ — Risk-Adjusted Performance Rank
TMAAX
QQQ
TMAAX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Moderately Aggressive Allocation Fund Class A (TMAAX) and Invesco QQQ (QQQ). 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.
Dividends
TMAAX vs. QQQ - Dividend Comparison
TMAAX's dividend yield for the trailing twelve months is around 1.92%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMAAX Thrivent Moderately Aggressive Allocation Fund Class A | 1.92% | 1.99% | 1.60% | 1.03% | 1.32% | 0.74% | 1.16% | 1.47% | 1.10% | 0.98% | 0.76% | 1.11% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TMAAX vs. QQQ - Drawdown Comparison
The maximum TMAAX drawdown since its inception was -51.24%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TMAAX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TMAAX vs. QQQ - Volatility Comparison
The current volatility for Thrivent Moderately Aggressive Allocation Fund Class A (TMAAX) is 2.14%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that TMAAX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.