TSCV vs. TCV

Last updated Jul 11, 2026

TSCV (Thrivent Small Cap Value ETF) and TCV (Towle Value ETF) are both Small Cap Value Equities funds. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. TSCV charges 0.60%/yr vs 0.85%/yr for TCV.

Performance

TSCV vs. TCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Small Cap Value ETF (TSCV) and Towle Value ETF (TCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSCV achieves a 20.96% return, which is significantly lower than TCV's 25.62% return.

TSCV

• 1D: 0.66%
• 1M: 0.18%
• 6M: 14.60%
• YTD: 20.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TCV

• 1D: 0.52%
• 1M: -0.17%
• 6M: 14.91%
• YTD: 25.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSCV vs. TCV - Yearly Performance Comparison

	2026 (YTD)	2025
TSCV Thrivent Small Cap Value ETF	20.96%	6.24%
TCV Towle Value ETF	25.62%	0.05%

Correlation

The correlation between TSCV and TCV is 0.76, 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	0.76

Return for Risk

TSCV vs. TCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Small Cap Value ETF (TSCV) and Towle Value ETF (TCV). 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.

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

Drawdowns

TSCV vs. TCV - Drawdown Comparison

The maximum TSCV drawdown since its inception was -10.17%, smaller than the maximum TCV drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for TSCV and TCV.

Drawdown Indicators

	TSCV	TCV	Difference
Max Drawdown Largest peak-to-trough decline	-10.17%	-12.23%	+2.06%
Current Drawdown Current decline from peak	-1.66%	-0.17%	-1.49%
Average Drawdown Average peak-to-trough decline	-1.89%	-3.34%	+1.45%

Volatility

Volatility by Period

	TSCV	TCV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.49%	21.22%	-4.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.49%	21.22%	-4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	21.22%	-4.73%

TSCV vs. TCV - Expense Ratio Comparison

TSCV has a 0.60% expense ratio, which is lower than TCV's 0.85% expense ratio.

Dividends

TSCV vs. TCV - Dividend Comparison

TSCV's dividend yield for the trailing twelve months is around 0.23%, less than TCV's 0.57% yield.

Position	TTM	2025
TCV Towle Value ETF	0.57%	0.31%
TSCV Thrivent Small Cap Value ETF	0.23%	0.28%

Frequently Asked Questions

Can I hold both TSCV and TCV in my portfolio?

TSCV and TCV have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSCV or TCV?

On fees, TSCV is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSCV or TCV?

TSCV is cheaper with a 0.60% expense ratio, compared with 0.85% for TCV.

Which ETF pays a higher dividend yield, TSCV or TCV?

TCV has the higher dividend yield at 0.57%, compared with 0.23% for TSCV.

What is the main difference between TSCV and TCV?

They also come from different issuers: Thrivent and Towle. Their fees differ too: 0.60% for TSCV and 0.85% for TCV.