TMVE vs. TSME
TMVE (Thrivent Mid Cap Value ETF) and TSME (Thrivent Small-Mid Cap ESG ETF) are both exchange-traded funds - TMVE is a Mid Cap Value Equities fund tracking the Actively Managed, while TSME is a Mid Cap Blend Equities fund actively managed by Thrivent. TMVE is passively managed, while TSME is actively managed. Their correlation of 0.82 means they have usually moved in the same direction. TMVE charges 0.55%/yr vs 0.65%/yr for TSME.
Performance
TMVE vs. TSME - Performance Comparison
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Returns By Period
In the year-to-date period, TMVE achieves a 17.86% return, which is significantly higher than TSME's 16.10% return.
TMVE
- 1D
- 0.02%
- 1M
- -0.42%
- 6M
- 12.51%
- YTD
- 17.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TSME
- 1D
- 1.09%
- 1M
- -3.24%
- 6M
- 8.60%
- YTD
- 16.10%
- 1Y
- 22.52%
- 3Y*
- 17.15%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $149.11K | $96.01K | $541.62K | |
| $3.32M | $3.62M | $3.55M |
TMVE vs. TSME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TMVE Thrivent Mid Cap Value ETF | 17.86% | 6.04% |
TSME Thrivent Small-Mid Cap ESG ETF | 16.10% | 4.47% |
Correlation
The correlation between TMVE and TSME is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.82 |
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Return for Risk
TMVE vs. TSME — Risk / Return Rank
TMVE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSME
TMVE vs. TSME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Mid Cap Value ETF (TMVE) and Thrivent Small-Mid Cap ESG ETF (TSME). 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 | TSME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.45 | — |
| Martin ratioReturn relative to average drawdown | — | 4.49 | — |
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Drawdowns
TMVE vs. TSME - Drawdown Comparison
The maximum TMVE drawdown since its inception was -8.21%, smaller than the maximum TSME drawdown of -26.59%. Use the drawdown chart below to compare losses from any high point for TMVE and TSME.
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Drawdown Indicators
| TMVE | TSME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.21% | -26.59% | +18.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.72% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.59% | — |
Current DrawdownCurrent decline from peak | -1.29% | -7.70% | +6.41% |
Average DrawdownAverage peak-to-trough decline | -1.36% | -5.14% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.74% | — |
Volatility
TMVE vs. TSME - Volatility Comparison
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Volatility by Period
| TMVE | TSME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.80% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.21% | 22.77% | -9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.21% | 21.87% | -8.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.21% | 21.87% | -8.66% |
TMVE vs. TSME - Expense Ratio Comparison
TMVE has a 0.55% expense ratio, which is lower than TSME's 0.65% expense ratio.
Dividends
TMVE vs. TSME - Dividend Comparison
TMVE's dividend yield for the trailing twelve months is around 0.10%, less than TSME's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TMVE Thrivent Mid Cap Value ETF | 0.10% | 0.12% | 0.00% | 0.00% | 0.00% |
TSME Thrivent Small-Mid Cap ESG ETF | 0.14% | 0.17% | 0.38% | 0.53% | 0.16% |
Frequently Asked Questions
TMVE and TSME have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TMVE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TMVE is cheaper with a 0.55% expense ratio, compared with 0.65% for TSME.
TSME has the higher dividend yield at 0.14%, compared with 0.10% for TMVE.
TMVE is categorized as Mid Cap Value Equities, while TSME is Mid Cap Blend Equities. Their fees differ too: 0.55% for TMVE and 0.65% for TSME.
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