TMSIX vs. QQQ
Compare and contrast key facts about Thrivent Mid Cap Stock Fund Class S (TMSIX) and Invesco QQQ (QQQ).
TMSIX is managed by Thrivent. It was launched on Jun 30, 1993. 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: TMSIX or QQQ.
Key characteristics
| TMSIX | QQQ | |
|---|---|---|
| YTD Return | 9.21% | 19.19% |
| 1Y Return | 22.90% | 33.08% |
| 3Y Return (Ann) | 0.50% | 7.58% |
| 5Y Return (Ann) | 10.95% | 20.31% |
| 10Y Return (Ann) | 8.46% | 17.95% |
| Sharpe Ratio | 1.66 | 2.01 |
| Sortino Ratio | 2.39 | 2.66 |
| Omega Ratio | 1.29 | 1.36 |
| Calmar Ratio | 1.24 | 2.56 |
| Martin Ratio | 6.43 | 9.32 |
| Ulcer Index | 3.90% | 3.72% |
| Daily Std Dev | 15.05% | 17.23% |
| Max Drawdown | -56.10% | -82.98% |
| Current Drawdown | -4.43% | -3.23% |
Correlation
The correlation between TMSIX and QQQ is 0.79, 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
TMSIX vs. QQQ - Performance Comparison
In the year-to-date period, TMSIX achieves a 9.21% return, which is significantly lower than QQQ's 19.19% return. Over the past 10 years, TMSIX has underperformed QQQ with an annualized return of 8.46%, while QQQ has yielded a comparatively higher 17.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TMSIX vs. QQQ - Expense Ratio Comparison
TMSIX has a 0.74% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TMSIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Mid Cap Stock Fund Class S (TMSIX) 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
TMSIX vs. QQQ - Dividend Comparison
TMSIX's dividend yield for the trailing twelve months is around 1.35%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMSIX Thrivent Mid Cap Stock Fund Class S | 1.35% | 1.48% | 2.86% | 10.77% | 3.26% | 2.77% | 11.64% | 0.00% | 0.38% | 0.45% | 11.90% | 0.33% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
TMSIX vs. QQQ - Drawdown Comparison
The maximum TMSIX drawdown since its inception was -56.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TMSIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TMSIX vs. QQQ - Volatility Comparison
The current volatility for Thrivent Mid Cap Stock Fund Class S (TMSIX) is 3.48%, while Invesco QQQ (QQQ) has a volatility of 4.47%. This indicates that TMSIX 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.