TWAAX Performance — Thrivent International Equity Fund, Class A
Data updated: 2026-09-29
TWAAX returned +13.13% year to date and +26.14% over one year to Jul 2026. Annualised returns are +16.36% over 3 years and +8.25% over 5 years. The fund trailed its International Multi-Cap Blend category average: $100 invested three years ago grew to $158, against $160 for the category, and to $126 over one year, against $127. Volatility over the past three years was 13.18% a year. In the 12 months to Jul 2026 the fund took in a net $71.5M, and assets reached $1.12B.
TWAAX Growth of $100
What $100 invested in Thrivent International Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Multi-Cap Blend category average over the same months.
| Period | TWAAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $126 | $127 |
| 3 years (Aug 2023 – Jul 2026) | $158 | $160 |
| 5 years (Aug 2021 – Jul 2026) | $149 | $152 |
| Since data start (Aug 2019 – Jul 2026) | $188 | $199 |
TWAAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.13% |
| 1 year | +26.14% |
| 3 years (annualised) | +16.36% |
| 5 years (annualised) | +8.25% |
TWAAX Annual Returns
Calendar-year total returns of Thrivent International Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +13.13% |
| 2025 | +30.24% |
| 2024 | +3.87% |
| 2023 | +17.52% |
| 2022 | −18.61% |
| 2021 | +13.95% |
| 2020 | +3.38% |
| 2019 (Aug–Dec) | +8.82% |
TWAAX 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 | +5.6% | +5.3% | −9.0% | +7.9% | +4.1% | +0.8% | −1.3% | — | — | — | — | — |
| 2025 | +4.1% | +2.0% | −0.1% | +3.8% | +4.7% | +3.1% | −1.7% | +4.1% | +3.0% | +0.2% | +0.7% | +3.1% |
| 2024 | −0.8% | +2.8% | +2.6% | −3.4% | +5.0% | −1.3% | +3.0% | +3.2% | +0.6% | −4.8% | +0.3% | −2.8% |
| 2023 | +8.1% | −3.0% | +2.7% | +1.8% | −3.8% | +5.0% | +3.2% | −3.8% | −3.4% | −3.3% | +8.4% | +5.6% |
| 2022 | −4.8% | −3.1% | +0.3% | −6.7% | +1.3% | −9.3% | +5.0% | −5.4% | −10.3% | +5.6% | +12.1% | −2.7% |
| 2021 | −1.0% | +2.5% | +2.7% | +3.2% | +3.6% | −0.7% | +1.4% | +1.8% | −3.7% | +3.5% | −4.3% | +4.6% |
| 2020 | −2.9% | −7.8% | −16.9% | +6.8% | +4.9% | +3.0% | +2.8% | +4.6% | −1.3% | −4.0% | +11.9% | +5.6% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +2.5% | +3.1% | +1.5% | +3.4% |
TWAAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.18%
- 3-year Sharpe ratio: 0.90 (vs 4.5% risk-free rate)
- Best month: +8.44% (Nov 2023)
- Worst month: −9.02% (Mar 2026)
TWAAX Fund Flows
Monthly money in and out of Thrivent International Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $71.5M
- 12-month gross sales (incl. reinvestments): $101.7M
- Sales ÷ redemptions: 3.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.1M | $2.6M | −$481K |
| Jun 2026 | $1.8M | $2.5M | −$628K |
| May 2026 | $2.3M | $1.8M | $541K |
| Apr 2026 | $2.7M | $2.9M | −$172K |
| Mar 2026 | $6.6M | $3.7M | $3.0M |
| Feb 2026 | $5.2M | $2.3M | $2.9M |
| Jan 2026 | $6.1M | $1.8M | $4.3M |
| Dec 2025 | $65.9M | $5.4M | $60.5M |
| Nov 2025 | $2.3M | $1.6M | $649K |
| Oct 2025 | $2.2M | $1.9M | $322K |
| Sep 2025 | $2.5M | $1.8M | $686K |
| Aug 2025 | $1.9M | $2.0M | −$18K |
TWAAX Assets Under Management
Net assets of Thrivent International Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.12B |
| 2026-04-30 | $1.08B |
| 2026-01-30 | $1.04B |
| 2025-10-31 | $944.49M |
| 2025-07-31 | $877.81M |
| 2025-04-30 | $824.80M |
| 2025-01-31 | $781.07M |
| 2024-10-31 | $774.96M |
| 2024-07-31 | $788.00M |
| 2024-04-30 | $741.61M |
| 2024-01-31 | $778.05M |
| 2023-10-31 | $686.89M |
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.