TMVE vs. ISCMF
TMVE (Thrivent Mid Cap Value ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - TMVE is a Mid Cap Value Equities fund tracking the Actively Managed, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. At a correlation of -0.12, they often move in opposite directions. TMVE charges 0.55%/yr vs 0.19%/yr for ISCMF.
Performance
TMVE vs. ISCMF - Performance Comparison
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Returns By Period
In the year-to-date period, TMVE achieves a 17.76% return, which is significantly lower than ISCMF's 22.87% return.
TMVE
- 1D
- 0.28%
- 1M
- 3.58%
- YTD
- 17.76%
- 6M
- 16.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ISCMF
- 1D
- 0.00%
- 1M
- -4.99%
- YTD
- 22.87%
- 6M
- 22.87%
- 1Y
- 31.30%
- 3Y*
- 16.78%
- 5Y*
- —
- 10Y*
- —
TMVE vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TMVE Thrivent Mid Cap Value ETF | 17.76% | 6.04% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 22.87% | 7.57% |
Correlation
The correlation between TMVE and ISCMF is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | -0.12 |
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Return for Risk
TMVE vs. ISCMF — Risk / Return Rank
TMVE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ISCMF
TMVE vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Mid Cap Value ETF (TMVE) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.
| TMVE | ISCMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.53 | — |
| Martin ratioReturn relative to average drawdown | — | 11.95 | — |
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Drawdowns
TMVE vs. ISCMF - Drawdown Comparison
The maximum TMVE drawdown since its inception was -8.21%, smaller than the maximum ISCMF drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for TMVE and ISCMF.
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Drawdown Indicators
| TMVE | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.21% | -25.42% | +17.21% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.62% | — |
Current DrawdownCurrent decline from peak | -0.37% | -5.26% | +4.89% |
Average DrawdownAverage peak-to-trough decline | -1.44% | -13.36% | +11.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.63% | — |
Volatility
TMVE vs. ISCMF - Volatility Comparison
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Volatility by Period
| TMVE | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.45% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.84% | 17.87% | -4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.84% | 14.29% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.84% | 14.29% | -0.45% |
TMVE vs. ISCMF - Expense Ratio Comparison
TMVE has a 0.55% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Dividends
TMVE vs. ISCMF - Dividend Comparison
TMVE's dividend yield for the trailing twelve months is around 0.10%, while ISCMF has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% |
TMVE Thrivent Mid Cap Value ETF | 0.10% | 0.12% |
Frequently Asked Questions
TMVE and ISCMF have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISCMF is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISCMF is cheaper with a 0.19% expense ratio, compared with 0.55% for TMVE.
TMVE has the higher dividend yield at 0.10%, compared with 0.00% for ISCMF.
TMVE is categorized as Mid Cap Value Equities, while ISCMF is Commodities. TMVE tracks Actively Managed, while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: Thrivent and iShares. Their fees differ too: 0.55% for TMVE and 0.19% for ISCMF.
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