TSCSX vs. AUERX

Last updated Aug 1, 2026

TSCSX (Thrivent Small Cap Stock Fund Class S) and AUERX (Auer Growth Fund) are both Small Cap Blend Equities funds. Over the past 10 years, TSCSX returned 12.49%/yr vs 15.64%/yr for AUERX. Their correlation of 0.85 means they have usually moved in the same direction. TSCSX charges 0.80%/yr vs 2.37%/yr for AUERX.

Performance

TSCSX vs. AUERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Small Cap Stock Fund Class S (TSCSX) and Auer Growth Fund (AUERX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSCSX achieves a 15.40% return, which is significantly higher than AUERX's 13.71% return. Over the past 10 years, TSCSX has underperformed AUERX with an annualized return of 12.49%, while AUERX has yielded a comparatively higher 15.64% annualized return.

TSCSX

• 1D: 1.55%
• 1M: -2.54%
• 6M: 9.18%
• YTD: 15.40%
• 1Y: 23.97%
• 3Y*: 10.61%
• 5Y*: 6.63%
• 10Y*: 12.49%
• ALL TIME*: 9.15%

AUERX

• 1D: 2.13%
• 1M: -0.34%
• 6M: 8.30%
• YTD: 13.71%
• 1Y: 41.97%
• 3Y*: 20.48%
• 5Y*: 20.10%
• 10Y*: 15.64%
• ALL TIME*: 5.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AUERX Auer Growth Fund	$0.00	$0.00	$0.00
TSCSX Thrivent Small Cap Stock Fund Class S	$0.00	$0.00	$0.00

TSCSX vs. AUERX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSCSX Thrivent Small Cap Stock Fund Class S	15.40%	2.36%	12.73%	12.47%	-10.94%	24.22%	22.87%	27.92%	-10.52%	21.22%
AUERX Auer Growth Fund	13.71%	30.10%	11.12%	21.42%	9.95%	45.11%	-1.85%	27.96%	-25.63%	28.75%

Correlation

The correlation between TSCSX and AUERX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since Dec 26, 2007	0.85

The correlation between TSCSX and AUERX shifts across timeframes, from 0.70 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TSCSX vs. AUERX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TSCSX

TSCSX Risk / Return Rank: 42
TSCSX Sharpe Ratio Rank: 40
TSCSX Sortino Ratio Rank: 46
TSCSX Omega Ratio Rank: 37
TSCSX Calmar Ratio Rank: 48
TSCSX Martin Ratio Rank: 41

AUERX

AUERX Risk / Return Rank: 91
AUERX Sharpe Ratio Rank: 93
AUERX Sortino Ratio Rank: 87
AUERX Omega Ratio Rank: 85
AUERX Calmar Ratio Rank: 95
AUERX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TSCSX vs. AUERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Small Cap Stock Fund Class S (TSCSX) and Auer Growth Fund (AUERX). 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.

	TSCSX	AUERX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	2.41	-1.23
Sortino ratio: Return per unit of downside risk	1.81	3.16	-1.34
Omega ratio: Gain probability vs. loss probability	1.21	1.41	-0.21
Calmar ratio: Return relative to maximum drawdown	1.77	4.04	-2.26
Martin ratio: Return relative to average drawdown	5.83	15.07	-9.24

TSCSX vs. AUERX - Sharpe Ratio Comparison

The current TSCSX Sharpe Ratio is 1.18, which is lower than the AUERX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of TSCSX and AUERX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSCSX vs. AUERX - Drawdown Comparison

The maximum TSCSX drawdown since its inception was -56.66%, smaller than the maximum AUERX drawdown of -67.23%. Use the drawdown chart below to compare losses from any high point for TSCSX and AUERX.

Drawdown Indicators

	TSCSX	AUERX	Difference
Max Drawdown Largest peak-to-trough decline	-56.66%	-67.23%	+10.57%
Max Drawdown (1Y) Largest decline over 1 year	-11.53%	-10.06%	-1.47%
Max Drawdown (3Y) Largest decline over 3 years	-26.84%	-34.80%	+7.96%
Max Drawdown (5Y) Largest decline over 5 years	-27.04%	-34.80%	+7.76%
Max Drawdown (10Y) Largest decline over 10 years	-41.63%	-51.89%	+10.26%
Current Drawdown Current decline from peak	-4.05%	-3.22%	-0.83%
Average Drawdown Average peak-to-trough decline	-10.20%	-24.69%	+14.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	2.69%	+0.82%

Volatility

TSCSX vs. AUERX - Volatility Comparison

The current volatility for Thrivent Small Cap Stock Fund Class S (TSCSX) is 4.07%, while Auer Growth Fund (AUERX) has a volatility of 4.77%. This indicates that TSCSX experiences smaller price fluctuations and is considered to be less risky than AUERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSCSX	AUERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	4.77%	-0.70%
Volatility (6M) Calculated over the trailing 6-month period	12.72%	12.93%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	17.42%	16.95%	+0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.60%	24.74%	-3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.08%	24.37%	-2.29%

TSCSX vs. AUERX - Expense Ratio Comparison

TSCSX has a 0.80% expense ratio, which is lower than AUERX's 2.37% expense ratio.

Dividends

TSCSX vs. AUERX - Dividend Comparison

TSCSX's dividend yield for the trailing twelve months is around 2.04%, less than AUERX's 10.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUERX Auer Growth Fund	10.02%	11.39%	24.55%	4.54%	5.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TSCSX Thrivent Small Cap Stock Fund Class S	2.04%	2.36%	3.18%	0.46%	9.60%	11.33%	1.60%	8.72%	15.00%	6.68%	4.19%	8.34%

Frequently Asked Questions

Can I hold both TSCSX and AUERX in my portfolio?

TSCSX and AUERX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSCSX or AUERX?

AUERX has higher volatility (4.77%) compared to TSCSX (4.07%). In terms of maximum drawdown, TSCSX dropped -56.66% vs AUERX's -67.23%.

Which has better risk-adjusted returns?

AUERX currently has the higher Sharpe Ratio (2.41 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.