TSME Performance — Thrivent Small-Mid Cap Equity ETF
Data updated: 2026-08-26
TSME returned +25.62% year to date and +40.59% over one year to Jun 2026. The annualised 3-year return is +21.98%. The fund beat its Thematic Equity category average: $100 invested three years ago grew to $182, against $161 for the category, and to $141 over one year, against $115. Volatility over the past three years was 21.17% a year. In the 12 months to Jun 2026 the fund took in a net $313.3M, and assets reached $1.05B.
TSME Growth of $100
What $100 invested in Thrivent Small-Mid Cap Equity ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Thematic Equity category average over the same months.
| Period | TSME | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $141 | $115 |
| 3 years (Jul 2023 – Jun 2026) | $182 | $161 |
| Since data start (Oct 2022 – Jun 2026) | $204 | $193 |
TSME Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +25.62% |
| 1 year | +40.59% |
| 3 years (annualised) | +21.98% |
TSME Annual Returns
Calendar-year total returns of Thrivent Small-Mid Cap Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +25.62% |
| 2025 | +13.84% |
| 2024 | +18.90% |
| 2023 | +17.88% |
| 2022 (Oct–Dec) | +2.01% |
TSME Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.7% | +3.4% | −9.6% | +14.1% | +0.4% | +10.0% | — | — | — | — | — | — |
| 2025 | +3.5% | −4.7% | −8.3% | −1.1% | +6.9% | +6.3% | +7.1% | +3.8% | +0.3% | −1.6% | +1.1% | +0.9% |
| 2024 | −2.4% | +8.5% | +5.7% | −7.0% | +4.5% | −0.4% | +6.5% | −0.5% | +3.1% | −0.7% | +10.4% | −8.4% |
| 2023 | +10.7% | −0.2% | −4.5% | −2.8% | −3.5% | +11.6% | +4.5% | −2.7% | −6.0% | −7.4% | +9.7% | +9.9% |
| 2022 | — | — | — | — | — | — | — | — | — | +2.7% | +4.8% | −5.2% |
TSME Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 21.17%
- 3-year Sharpe ratio: 0.83 (vs 4.5% risk-free rate)
- Best month: +14.08% (Apr 2026)
- Worst month: −9.60% (Mar 2026)
TSME Fund Flows
Monthly money in and out of Thrivent Small-Mid Cap Equity ETF, from SEC Form N-PORT.
- 12-month net flow: $313.3M
- 12-month gross sales (incl. reinvestments): $458.9M
- Sales ÷ redemptions: 3.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $58.5M | $20.0M | $38.5M |
| May 2026 | $16.0M | $0 | $16.0M |
| Apr 2026 | $7.4M | $87.3M | −$79.9M |
| Mar 2026 | $10.5M | $0 | $10.5M |
| Feb 2026 | $17.9M | $926K | $17.0M |
| Jan 2026 | $5.3M | $1.8M | $3.5M |
| Dec 2025 | $85.7M | $2.1M | $83.6M |
| Nov 2025 | $89.8M | $0 | $89.8M |
| Oct 2025 | $17.1M | $6.8M | $10.3M |
| Sep 2025 | $132.3M | $23.9M | $108.3M |
| Aug 2025 | $7.7M | $2.8M | $4.9M |
| Jul 2025 | $10.7M | $0 | $10.7M |
TSME Assets Under Management
Net assets of Thrivent Small-Mid Cap Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.05B |
| 2026-03-31 | $860.22M |
| 2025-12-31 | $833.36M |
| 2025-09-30 | $647.72M |
| 2025-06-30 | $470.58M |
| 2025-03-31 | $289.65M |
| 2024-12-31 | $254.25M |
| 2024-09-30 | $214.54M |
| 2024-06-30 | $170.00M |
| 2024-03-31 | $164.82M |
| 2023-12-31 | $160.83M |
| 2023-09-30 | $133.36M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.