TSCSX vs. THLIX

Last updated Aug 1, 2026

TSCSX (Thrivent Small Cap Stock Fund Class S) and THLIX (Thrivent Limited Maturity Bond Fund) are both mutual funds - TSCSX is a Small Cap Blend Equities fund managed by Thrivent, while THLIX is a Short-Term Bond fund managed by Thrivent. Over the past 10 years, TSCSX returned 12.49%/yr vs 2.63%/yr for THLIX. Their -0.06 correlation means they have often moved in opposite directions in the past. TSCSX charges 0.80%/yr vs 0.41%/yr for THLIX.

Performance

TSCSX vs. THLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Small Cap Stock Fund Class S (TSCSX) and Thrivent Limited Maturity Bond Fund (THLIX). 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 THLIX's 0.82% return. Over the past 10 years, TSCSX has outperformed THLIX with an annualized return of 12.49%, while THLIX has yielded a comparatively lower 2.63% 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%

THLIX

• 1D: 0.08%
• 1M: -0.32%
• 6M: 0.46%
• YTD: 0.82%
• 1Y: 3.04%
• 3Y*: 5.16%
• 5Y*: 2.67%
• 10Y*: 2.63%
• ALL TIME*: 3.23%

*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)
THLIX Thrivent Limited Maturity Bond Fund	$0.00	$0.00	$0.00
TSCSX Thrivent Small Cap Stock Fund Class S	$0.00	$0.00	$0.00

TSCSX vs. THLIX - 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%
THLIX Thrivent Limited Maturity Bond Fund	0.82%	6.15%	5.65%	5.84%	-4.29%	0.21%	4.06%	4.73%	0.90%	2.36%

Correlation

The correlation between TSCSX and THLIX is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (5Y) Shows whether the relationship held over a longer period.	0.16
Correlation (10Y) Provides a long-term view across more market conditions.	0.07
Correlation (All Time) Calculated using the full available price history since Jan 3, 2000	-0.06

The correlation between TSCSX and THLIX shifts across timeframes, from -0.06 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TSCSX vs. THLIX — 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

THLIX

THLIX Risk / Return Rank: 85
THLIX Sharpe Ratio Rank: 82
THLIX Sortino Ratio Rank: 92
THLIX Omega Ratio Rank: 87
THLIX Calmar Ratio Rank: 79
THLIX Martin Ratio Rank: 84

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. THLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Small Cap Stock Fund Class S (TSCSX) and Thrivent Limited Maturity Bond Fund (THLIX). 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	THLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.97	-0.79
Sortino ratio: Return per unit of downside risk	1.81	3.58	-1.76
Omega ratio: Gain probability vs. loss probability	1.21	1.45	-0.24
Calmar ratio: Return relative to maximum drawdown	1.77	2.64	-0.86
Martin ratio: Return relative to average drawdown	5.83	10.65	-4.82

TSCSX vs. THLIX - Sharpe Ratio Comparison

The current TSCSX Sharpe Ratio is 1.18, which is lower than the THLIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of TSCSX and THLIX, 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. THLIX - Drawdown Comparison

The maximum TSCSX drawdown since its inception was -56.66%, which is greater than THLIX's maximum drawdown of -9.42%. Use the drawdown chart below to compare losses from any high point for TSCSX and THLIX.

Drawdown Indicators

	TSCSX	THLIX	Difference
Max Drawdown Largest peak-to-trough decline	-56.66%	-9.42%	-47.24%
Max Drawdown (1Y) Largest decline over 1 year	-11.53%	-1.43%	-10.10%
Max Drawdown (3Y) Largest decline over 3 years	-26.84%	-1.43%	-25.41%
Max Drawdown (5Y) Largest decline over 5 years	-27.04%	-6.75%	-20.29%
Max Drawdown (10Y) Largest decline over 10 years	-41.63%	-6.75%	-34.88%
Current Drawdown Current decline from peak	-4.05%	-0.40%	-3.65%
Average Drawdown Average peak-to-trough decline	-10.20%	-0.70%	-9.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	0.35%	+3.16%

Volatility

TSCSX vs. THLIX - Volatility Comparison

Thrivent Small Cap Stock Fund Class S (TSCSX) has a higher volatility of 4.07% compared to Thrivent Limited Maturity Bond Fund (THLIX) at 0.43%. This indicates that TSCSX's price experiences larger fluctuations and is considered to be riskier than THLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSCSX	THLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	0.43%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	12.72%	1.51%	+11.21%
Volatility (1Y) Calculated over the trailing 1-year period	17.42%	1.91%	+15.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.60%	2.19%	+19.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.08%	1.92%	+20.16%

TSCSX vs. THLIX - Expense Ratio Comparison

TSCSX has a 0.80% expense ratio, which is higher than THLIX's 0.41% expense ratio.

Dividends

TSCSX vs. THLIX - Dividend Comparison

TSCSX's dividend yield for the trailing twelve months is around 2.04%, less than THLIX's 3.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
THLIX Thrivent Limited Maturity Bond Fund	3.98%	4.18%	3.83%	2.53%	2.04%	1.48%	2.04%	2.59%	2.53%	1.93%	1.82%	1.64%
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 THLIX in my portfolio?

TSCSX and THLIX have a correlation of 0.31, 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 THLIX?

TSCSX has higher volatility (4.07%) compared to THLIX (0.43%). In terms of maximum drawdown, TSCSX dropped -56.66% vs THLIX's -9.42%.

Which has better risk-adjusted returns?

THLIX currently has the higher Sharpe Ratio (1.97 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.