TMB vs. TXUG
TMB (Thornburg Multi Sector Bond ETF) and TXUG (Thornburg International Growth ETF) are both exchange-traded funds - TMB is a Multisector Bonds fund actively managed by Thornburg, while TXUG is a Foreign Large Cap Equities fund actively managed by Thornburg. Both are actively managed. Their 0.20 correlation means their historical movements had little consistent relationship. TMB charges 0.55%/yr vs 0.70%/yr for TXUG.
Performance
TMB vs. TXUG - Performance Comparison
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Returns By Period
TMB
- 1D
- -0.20%
- 1M
- -0.71%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TXUG
- 1D
- 0.05%
- 1M
- -1.60%
- 6M
- 6.57%
- YTD
- 9.99%
- 1Y
- 7.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $601.84K | $953.39K | $1.85M | |
| $317.48 | $331.53 | $464.62 |
TMB vs. TXUG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TMB Thornburg Multi Sector Bond ETF | 0.03% |
TXUG Thornburg International Growth ETF | 2.15% |
Correlation
The correlation between TMB and TXUG is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 26, 2026 | 0.20 |
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Return for Risk
TMB vs. TXUG — Risk / Return Rank
TMB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TXUG
TMB vs. TXUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Multi Sector Bond ETF (TMB) and Thornburg International Growth ETF (TXUG). 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.
| TMB | TXUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.58 | — |
| Martin ratioReturn relative to average drawdown | — | 1.64 | — |
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Drawdowns
TMB vs. TXUG - Drawdown Comparison
The maximum TMB drawdown since its inception was -0.91%, smaller than the maximum TXUG drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for TMB and TXUG.
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Drawdown Indicators
| TMB | TXUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.91% | -18.58% | +17.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.70% | — |
Current DrawdownCurrent decline from peak | -0.89% | -3.40% | +2.51% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -4.00% | +3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.46% | — |
Volatility
TMB vs. TXUG - Volatility Comparison
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Volatility by Period
| TMB | TXUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.25% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.19% | 18.78% | -15.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.19% | 20.02% | -16.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.19% | 20.02% | -16.83% |
TMB vs. TXUG - Expense Ratio Comparison
TMB has a 0.55% expense ratio, which is lower than TXUG's 0.70% expense ratio.
Dividends
TMB vs. TXUG - Dividend Comparison
TMB's dividend yield for the trailing twelve months is around 1.13%, more than TXUG's 0.47% yield.
| Position | TTM | 2025 |
|---|---|---|
TMB Thornburg Multi Sector Bond ETF | 1.13% | 0.00% |
TXUG Thornburg International Growth ETF | 0.47% | 0.51% |
Frequently Asked Questions
TMB and TXUG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TMB is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TMB is cheaper with a 0.55% expense ratio, compared with 0.70% for TXUG.
TMB has the higher dividend yield at 1.13%, compared with 0.47% for TXUG.
TMB is categorized as Multisector Bonds, while TXUG is Foreign Large Cap Equities. Their fees differ too: 0.55% for TMB and 0.70% for TXUG.
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