TSCV vs. TMVE

Last updated Apr 4, 2026

Compare and contrast key facts about Thrivent Small Cap Value ETF (TSCV) and Thrivent Mid Cap Value ETF (TMVE).

TSCV and TMVE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSCV is an actively managed fund by Thrivent. It was launched on Mar 31, 2022. TMVE is a passively managed fund by Thrivent that tracks the performance of the Actively Managed. It was launched on Feb 28, 2020.

Performance

TSCV vs. TMVE - Performance Comparison

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

Returns By Period

In the year-to-date period, TSCV achieves a 6.03% return, which is significantly higher than TMVE's 4.35% return.

TSCV

• 1D: -0.29%
• 1M: -1.73%
• YTD: 6.03%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TMVE

• 1D: -0.15%
• 1M: -2.40%
• YTD: 4.35%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSCV vs. TMVE - Yearly Performance Comparison

	2026 (YTD)	2025
TSCV Thrivent Small Cap Value ETF	6.03%	6.24%
TMVE Thrivent Mid Cap Value ETF	4.35%	6.04%

Correlation

The correlation between TSCV and TMVE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.

TSCV vs. TMVE - Expense Ratio Comparison

TSCV has a 0.60% expense ratio, which is higher than TMVE's 0.55% expense ratio.

TSCV

Thrivent Small Cap Value ETF

TMVE

Thrivent Mid Cap Value ETF

Return for Risk

TSCV vs. TMVE - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	TSCV	TMVE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.18	2.14	+0.04

Drawdowns

TSCV vs. TMVE - Drawdown Comparison

The maximum TSCV drawdown since its inception was -10.17%, which is greater than TMVE's maximum drawdown of -8.21%. Use the drawdown chart below to compare losses from any high point for TSCV and TMVE.

Drawdown Indicators

	TSCV	TMVE	Difference
Max Drawdown Largest peak-to-trough decline	-10.17%	-8.21%	-1.96%
Current Drawdown Current decline from peak	-5.81%	-5.38%	-0.43%
Average Drawdown Average peak-to-trough decline	-2.48%	-1.79%	-0.69%

Volatility

Volatility by Period

	TSCV	TMVE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.57%	14.80%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.57%	14.80%	+2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.57%	14.80%	+2.77%

Dividends

TSCV vs. TMVE - Dividend Comparison

TSCV's dividend yield for the trailing twelve months is around 0.27%, more than TMVE's 0.11% yield.

	TTM	2025
TSCV Thrivent Small Cap Value ETF	0.27%	0.28%
TMVE Thrivent Mid Cap Value ETF	0.11%	0.12%