TSME vs. FXAIX
Compare and contrast key facts about Thrivent Small-Mid Cap ESG ETF (TSME) and Fidelity 500 Index Fund (FXAIX).
TSME is an actively managed fund by Thrivent. It was launched on Oct 5, 2022. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSME or FXAIX.
Correlation
The correlation between TSME and FXAIX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TSME vs. FXAIX - Performance Comparison
Key characteristics
TSME:
1.26
FXAIX:
1.94
TSME:
1.81
FXAIX:
2.60
TSME:
1.22
FXAIX:
1.35
TSME:
2.20
FXAIX:
2.98
TSME:
5.86
FXAIX:
12.39
TSME:
4.17%
FXAIX:
2.03%
TSME:
19.46%
FXAIX:
12.98%
TSME:
-16.50%
FXAIX:
-33.79%
TSME:
-6.24%
FXAIX:
-1.29%
Returns By Period
The year-to-date returns for both stocks are quite close, with TSME having a 2.83% return and FXAIX slightly lower at 2.75%.
TSME
2.83%
2.87%
5.85%
23.31%
N/A
N/A
FXAIX
2.75%
2.32%
10.08%
24.30%
15.22%
13.77%
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TSME vs. FXAIX - Expense Ratio Comparison
TSME has a 0.65% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
TSME vs. FXAIX — Risk-Adjusted Performance Rank
TSME
FXAIX
TSME vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Small-Mid Cap ESG ETF (TSME) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
TSME's dividend yield for the trailing twelve months is around 0.37%, less than FXAIX's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSME Thrivent Small-Mid Cap ESG ETF | 0.37% | 0.38% | 0.53% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 4.15% | 3.95% |
Drawdowns
TSME vs. FXAIX - Drawdown Comparison
The maximum TSME drawdown since its inception was -16.50%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TSME and FXAIX. For additional features, visit the drawdowns tool.
Volatility
TSME vs. FXAIX - Volatility Comparison
Thrivent Small-Mid Cap ESG ETF (TSME) has a higher volatility of 4.72% compared to Fidelity 500 Index Fund (FXAIX) at 4.26%. This indicates that TSME's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.