VEGI vs. TMVE
VEGI (iShares MSCI Agriculture Producers ETF) and TMVE (Thrivent Mid Cap Value ETF) are both Mid Cap Value Equities funds - VEGI tracks the MSCI ACWI Select Agriculture Producers Investable Market Index while TMVE tracks the Actively Managed. Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. VEGI charges 0.39%/yr vs 0.55%/yr for TMVE.
Performance
VEGI vs. TMVE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VEGI achieves a 11.86% return, which is significantly lower than TMVE's 17.39% return.
VEGI
- 1D
- -0.88%
- 1M
- -1.59%
- YTD
- 11.86%
- 6M
- 11.31%
- 1Y
- 7.98%
- 3Y*
- 5.45%
- 5Y*
- 3.64%
- 10Y*
- 8.41%
TMVE
- 1D
- -0.32%
- 1M
- 3.25%
- YTD
- 17.39%
- 6M
- 16.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VEGI vs. TMVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VEGI iShares MSCI Agriculture Producers ETF | 11.86% | -0.19% |
TMVE Thrivent Mid Cap Value ETF | 17.39% | 6.04% |
Correlation
The correlation between VEGI and TMVE is 0.52, 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 | 0.52 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VEGI vs. TMVE — Risk / Return Rank
VEGI
TMVE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VEGI vs. TMVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Agriculture Producers ETF (VEGI) 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.
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.
| VEGI | TMVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.10 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | — | — |
| Martin ratioReturn relative to average drawdown | 1.89 | — | — |
Loading charts...
Drawdowns
VEGI vs. TMVE - Drawdown Comparison
The maximum VEGI drawdown since its inception was -37.37%, which is greater than TMVE's maximum drawdown of -8.21%. Use the drawdown chart below to compare losses from any high point for VEGI and TMVE.
Loading charts...
Drawdown Indicators
| VEGI | TMVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.37% | -8.21% | -29.16% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.86% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.37% | — | — |
Current DrawdownCurrent decline from peak | -8.52% | -0.69% | -7.83% |
Average DrawdownAverage peak-to-trough decline | -9.81% | -1.43% | -8.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.23% | — | — |
Volatility
VEGI vs. TMVE - Volatility Comparison
Loading charts...
Volatility by Period
| VEGI | TMVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.91% | 13.81% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.85% | 13.81% | +4.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.89% | 13.81% | +5.08% |
VEGI vs. TMVE - Expense Ratio Comparison
VEGI has a 0.39% expense ratio, which is lower than TMVE's 0.55% expense ratio.
Dividends
VEGI vs. TMVE - Dividend Comparison
VEGI's dividend yield for the trailing twelve months is around 2.00%, more than TMVE's 0.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMVE Thrivent Mid Cap Value ETF | 0.10% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEGI iShares MSCI Agriculture Producers ETF | 2.00% | 2.33% | 2.62% | 2.54% | 1.49% | 1.46% | 1.55% | 1.84% | 2.02% | 1.75% | 2.13% | 2.49% |
Frequently Asked Questions
VEGI and TMVE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEGI is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEGI is cheaper with a 0.39% expense ratio, compared with 0.55% for TMVE.
VEGI has the higher dividend yield at 2.00%, compared with 0.10% for TMVE.
VEGI tracks MSCI ACWI Select Agriculture Producers Investable Market Index, while TMVE tracks Actively Managed. They also come from different issuers: iShares and Thrivent. Their fees differ too: 0.39% for VEGI and 0.55% for TMVE.
Find the right allocation for VEGI and TMVE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer