TMVE vs. SNPD

Last updated Jul 11, 2026

TMVE (Thrivent Mid Cap Value ETF) and SNPD (Xtrackers S&P ESG Dividend Aristocrats ETF) are both Mid Cap Value Equities funds - TMVE tracks the Actively Managed while SNPD tracks the S&P ESG High Yield Dividend Aristocrats Index. Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. TMVE charges 0.55%/yr vs 0.15%/yr for SNPD.

Performance

TMVE vs. SNPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Mid Cap Value ETF (TMVE) and Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMVE achieves a 18.21% return, which is significantly higher than SNPD's 13.27% return.

TMVE

• 1D: 0.54%
• 1M: 0.34%
• 6M: 14.92%
• YTD: 18.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNPD

• 1D: 0.86%
• 1M: 1.32%
• 6M: 9.82%
• YTD: 13.27%
• 1Y: 15.54%
• 3Y*: 9.11%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TMVE vs. SNPD - Yearly Performance Comparison

	2026 (YTD)	2025
TMVE Thrivent Mid Cap Value ETF	18.21%	6.04%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	13.27%	2.05%

Correlation

The correlation between TMVE and SNPD is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.72

Return for Risk

TMVE vs. SNPD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TMVE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SNPD

SNPD Risk / Return Rank: 44
SNPD Sharpe Ratio Rank: 47
SNPD Sortino Ratio Rank: 50
SNPD Omega Ratio Rank: 42
SNPD Calmar Ratio Rank: 41
SNPD Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TMVE vs. SNPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Mid Cap Value ETF (TMVE) and Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD). 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	SNPD	Difference
Sharpe ratio: Return per unit of total volatility	—	1.32	—
Sortino ratio: Return per unit of downside risk	—	2.00	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.70	—
Martin ratio: Return relative to average drawdown	—	5.05	—

Drawdowns

TMVE vs. SNPD - Drawdown Comparison

The maximum TMVE drawdown since its inception was -8.21%, smaller than the maximum SNPD drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for TMVE and SNPD.

Drawdown Indicators

	TMVE	SNPD	Difference
Max Drawdown Largest peak-to-trough decline	-8.21%	-15.80%	+7.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.80%	—
Current Drawdown Current decline from peak	-1.00%	-0.79%	-0.21%
Average Drawdown Average peak-to-trough decline	-1.39%	-3.86%	+2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.92%	—

Volatility

Volatility by Period

	TMVE	SNPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	11.17%	+2.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.54%	13.11%	+0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.54%	13.11%	+0.43%

TMVE vs. SNPD - Expense Ratio Comparison

TMVE has a 0.55% expense ratio, which is higher than SNPD's 0.15% expense ratio.

Dividends

TMVE vs. SNPD - Dividend Comparison

TMVE's dividend yield for the trailing twelve months is around 0.10%, less than SNPD's 3.21% yield.

Position	TTM	2025	2024	2023	2022
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	3.21%	3.10%	2.78%	2.63%	0.57%
TMVE Thrivent Mid Cap Value ETF	0.10%	0.12%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TMVE and SNPD in my portfolio?

TMVE and SNPD have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMVE or SNPD?

On fees, SNPD is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TMVE or SNPD?

SNPD is cheaper with a 0.15% expense ratio, compared with 0.55% for TMVE.

Which ETF pays a higher dividend yield, TMVE or SNPD?

SNPD has the higher dividend yield at 3.21%, compared with 0.10% for TMVE.

What is the main difference between TMVE and SNPD?

TMVE tracks Actively Managed, while SNPD tracks S&P ESG High Yield Dividend Aristocrats Index. They also come from different issuers: Thrivent and Xtrackers. Their fees differ too: 0.55% for TMVE and 0.15% for SNPD.