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.
Correlation
The correlation between TMSIX and QQQ is 0.90, 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
Key characteristics
TMSIX:
-0.34
QQQ:
0.47
TMSIX:
-0.36
QQQ:
0.82
TMSIX:
0.95
QQQ:
1.11
TMSIX:
-0.25
QQQ:
0.52
TMSIX:
-0.87
QQQ:
1.79
TMSIX:
8.07%
QQQ:
6.64%
TMSIX:
20.58%
QQQ:
25.28%
TMSIX:
-63.52%
QQQ:
-82.98%
TMSIX:
-20.92%
QQQ:
-12.28%
Returns By Period
The year-to-date returns for both investments are quite close, with TMSIX having a -7.59% return and QQQ slightly higher at -7.43%. Over the past 10 years, TMSIX has underperformed QQQ with an annualized return of 3.73%, while QQQ has yielded a comparatively higher 16.91% annualized return.
TMSIX
-7.59%
-5.43%
-11.38%
-6.66%
8.69%
3.73%
QQQ
-7.43%
0.77%
-4.30%
10.31%
18.26%
16.91%
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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 Rank
TMSIX
QQQ
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 0.56%, less than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMSIX Thrivent Mid Cap Stock Fund Class S | 0.56% | 0.52% | 0.44% | 0.37% | 0.09% | 0.26% | 0.37% | 0.47% | 0.00% | 0.38% | 0.45% | 0.57% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TMSIX vs. QQQ - Drawdown Comparison
The maximum TMSIX drawdown since its inception was -63.52%, 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 13.46%, while Invesco QQQ (QQQ) has a volatility of 16.86%. 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.