TSME vs. AMRC
Compare and contrast key facts about Thrivent Small-Mid Cap ESG ETF (TSME) and Ameresco, Inc. (AMRC).
TSME is an actively managed fund by Thrivent. It was launched on Oct 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSME or AMRC.
Key characteristics
| TSME | AMRC | |
|---|---|---|
| YTD Return | 15.16% | 14.46% |
| 1Y Return | 24.87% | -16.76% |
| Sharpe Ratio | 1.28 | -0.28 |
| Daily Std Dev | 19.40% | 80.21% |
| Max Drawdown | -16.50% | -81.43% |
| Current Drawdown | -2.01% | -62.82% |
Correlation
The correlation between TSME and AMRC is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TSME vs. AMRC - Performance Comparison
The year-to-date returns for both stocks are quite close, with TSME having a 15.16% return and AMRC slightly lower at 14.46%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TSME vs. AMRC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Small-Mid Cap ESG ETF (TSME) and Ameresco, Inc. (AMRC). 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.
Dividends
TSME vs. AMRC - Dividend Comparison
TSME's dividend yield for the trailing twelve months is around 0.46%, while AMRC has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
TSME Thrivent Small-Mid Cap ESG ETF | 0.46% | 0.53% | 0.16% |
AMRC Ameresco, Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
TSME vs. AMRC - Drawdown Comparison
The maximum TSME drawdown since its inception was -16.50%, smaller than the maximum AMRC drawdown of -81.43%. Use the drawdown chart below to compare losses from any high point for TSME and AMRC. For additional features, visit the drawdowns tool.
Volatility
TSME vs. AMRC - Volatility Comparison
The current volatility for Thrivent Small-Mid Cap ESG ETF (TSME) is 6.31%, while Ameresco, Inc. (AMRC) has a volatility of 18.73%. This indicates that TSME experiences smaller price fluctuations and is considered to be less risky than AMRC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.