THRIVENT HIGH Competition

THMBX Fund

USD 9.48 0.02 0.21%

The fund is listed under the High Yield Muni category and is part of the Thrivent Funds family. Peers for Thrivent High Income include Allianzgi Convertible, FIDELITY CONVERTIBLE, TETON CONVERTIBLE, FRANKLIN CONVERTIBLE, and Gabelli Convertible and others in the group. The list provides context for competitive positioning. Side-by-side data shows whether THRIVENT HIGH is leading or trailing its competition.

THRIVENT HIGH and Virtus Convertible Correlation View

Poor diversification

The correlation between THMBX and VAADX is 0.63, which Macroaxis classifies as Poor diversification for the selected horizon. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with THRIVENT Mutual Fund

0.99	NHMRX	Nuveen High Yield	Pair Corr
0.99	NHMFX	Nuveen High Yield	Pair Corr
0.99	ABHFX	American High Income	Pair Corr
0.99	AHICX	American High Income	Pair Corr
0.96	AMHIX	American High Income	Pair Corr

Specify up to 10 symbols:

Mean reversion is the tendency of THRIVENT HIGH's price to return to its historical average after periods of extreme deviation. Investors who identify when THRIVENT HIGH's is significantly above or below its mean may find compelling entry or exit opportunities.

Hype

Prediction

Low	Estimated	High
9.31	9.48	9.65

Details

Intrinsic

Valuation

Low	Real	High
9.31	9.48	9.65

Details

Naive

Forecast

Low	Next	High
9.27	9.44	9.62

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
9.44	9.51	9.57

Details

Analyzing THRIVENT HIGH in isolation is insufficient for informed investment decisions. Placing THRIVENT HIGH's results in the context of its peer group reveals whether its performance is company-specific or simply a function of industry-wide trends.

THRIVENT HIGH Competition Correlation Matrix

Competition correlation for Thrivent High Income matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.

	NCV	FICVX	WESRX	FISCX	GCV	VAADX
NCV		0.88	0.52	0.56	0.84	0.76	NCV
FICVX	0.88		0.57	0.43	0.91	0.83	FICVX
WESRX	0.52	0.57		0.8	0.46	0.53	WESRX
FISCX	0.56	0.43	0.8		0.37	0.42	FISCX
GCV	0.84	0.91	0.46	0.37		0.81	GCV
VAADX	0.76	0.83	0.53	0.42	0.81		VAADX
	NCV	FICVX	WESRX	FISCX	GCV	VAADX

Risk-Adjusted Indicators

Strong stock returns do not always mean THRIVENT HIGH Mutual Fund is outperforming its peers on a fundamental level. Risk-adjusted metrics allow investors to compare THRIVENT HIGH's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NCV	0.77	0.10	0.12	0.06	1.02	-0.80	1.69	-1.60	5.45
FICVX	0.81	0.12	0.13	0.05	0.97	-0.85	1.69	-1.63	5.52
WESRX	0.94	0.03	0.00	-0.05	0.00	0.00	1.49	-1.92	5.49
FISCX	0.58	-0.04	0.00	0.15	0.00	0.00	0.95	-1.48	3.92
GCV	0.78	0.13	0.15	0.11	0.88	-0.94	2.00	-1.38	5.79
VAADX	0.93	0.28	0.30	0.24	0.74	-1.13	1.65	-1.63	13.94

THRIVENT HIGH Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	THMBX	NCV	FICVX	WESRX	FISCX	GCV	VAADX
	0.21 9.48 THRIVENT	0.26 15.35 Allianzgi	0.34 38.55 FIDELITY	0.50 13.93 TETON	0.59 23.71 FRANKLIN	0.24 4.26 Gabelli	0.22 40.37 Virtus
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Low	Very Low
Market Performance (90 Days Performance)	Moderate	Moderate	Moderate	Soft	Weak	Moderate	Moderate
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Under Valued	Under Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Buy	Strong Buy	Buy	Strong Sell	Strong Buy	Strong Buy
Net Asset	53.72 M	N/A	1.43 B	11.86 M	2.97 B	N/A	1.76 B
Minimum Initial Investment	2 K	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	N/A	0.67 X	2.44 X	N/A	2.06 X	0.78 X	N/A
Five Year Return	1.28 %	2.22 %	6.61 %	1.75 %	4.33 %	1.30 %	N/A
One Year Return	3.06 %	29.59 %	28.54 %	22.41 %	15.54 %	28.28 %	N/A
Last Dividend Paid	0.02	0.51	0.11	0.04	0.04	0.53	N/A
Price To Earning	N/A	9.03 X	7.63 X	N/A	15.32 X	3.39 X	N/A
Beta	N/A	1.22	N/A	N/A	N/A	1.0	N/A
Price To Sales	N/A	11.33 X	2.03 X	N/A	1.72 X	51.52 X	N/A
Cash Position Weight	3.82 %	N/A	1.92 %	0.95 %	0.91 %	N/A	4.74 %
Equity Positions Weight	N/A	N/A	17.98 %	2.53 %	6.91 %	N/A	2.43 %
Three Year Return	5.54 %	15.98 %	15.94 %	10.86 %	12.22 %	12.58 %	N/A
Annual Yield	0.0018 %	0.01 %	0.03 %	0.02 %	0.01 %	0.02 %	N/A
Year To Date Return	0.99 %	1.73 %	5.42 %	1.96 %	1.81 %	2.64 %	N/A
Bond Positions Weight	96.18 %	N/A	0.44 %	N/A	N/A	N/A	N/A
Ten Year Return	N/A	N/A	8.95 %	9.53 %	11.11 %	N/A	N/A
Day Typical Price	9.48	15.38	38.55	13.93	23.71	4.26	40.37
Accumulation Distribution	N/A	494.6	N/A	N/A	N/A	334.4	N/A
Daily Balance Of Power	N/A	-0.29	N/A	N/A	N/A	0.1429	N/A
Period Momentum Indicator	0.02	-0.04	-0.13	-0.07	0.14	0.01	-0.09
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.01	1.0	1.0
Day Median Price	9.48	15.4	38.55	13.93	23.71	4.27	40.37
Price Action Indicator	0.01	-0.07	-0.07	-0.04	0.07	N/A	-0.04
Relative Strength Index	52.35	48.05	52.59	46.88	46.66	51.03	52.14
Coefficient Of Variation	943.35	1872.4	1803.31	-3,241	-4,938	1264.78	814.38
Mean Deviation	0.1062	0.7703	0.8118	0.9389	0.5846	0.7844	0.9285
Jensen Alpha	0.0097	0.1029	0.1212	0.0308	-0.04	0.1267	0.2762
Total Risk Alpha	0.026	0.1541	0.1588	0.0805	0.0554	0.1839	0.3922
Sortino Ratio	0.3267	0.1157	0.1294	N/A	N/A	0.1548	0.3028
Downside Variance	0.0825	1.27	1.06	N/A	N/A	1.04	0.9165
Standard Deviation	0.1681	1.02	1.03	1.17	0.7438	1.04	1.74
Kurtosis	3.57	1.1	0.6593	0.2759	0.6553	1.25	31.68
Potential Upside	0.2121	1.69	1.69	1.49	0.9477	2.0	1.65
Treynor Ratio	0.3606	0.0649	0.0549	-0.05	0.146	0.1129	0.2422
Maximum Drawdown	1.05	5.45	5.52	5.49	3.92	5.79	13.94
Variance	0.0283	1.03	1.06	1.37	0.5532	1.07	3.03
Market Risk Adjusted Performance	0.3706	0.0749	0.0649	-0.04	0.156	0.1229	0.2522
Risk Adjusted Performance	0.047	0.0446	0.0464	-0.02	-0.02	0.0652	0.1031
Skewness	-0.52	-0.49	0.2033	0.1546	-0.06	-0.18	4.74
Semi Deviation	0.0579	1.02	0.9659	N/A	N/A	0.8823	0.7387
Information Ratio	0.558	0.1282	0.1291	0.034	0.0819	0.1524	0.1664
Value At Risk	-0.31	-1.60	-1.63	-1.92	-1.48	-1.38	-1.63
Expected Short fall	-0.17	-0.80	-0.85	N/A	N/A	-0.94	-1.13
Downside Deviation	0.2872	1.13	1.03	N/A	N/A	1.02	0.9574
Semi Variance	0.0034	1.05	0.933	N/A	N/A	0.7785	0.5457

THRIVENT HIGH Competition Peer Performance Charts

How to Analyze THRIVENT HIGH Against Peers

THRIVENT HIGH's peer analysis compares THRIVENT HIGH with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether THRIVENT HIGH trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where THRIVENT HIGH leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Analyzing THRIVENT HIGH peers expands diversification context, relative positioning, and sector theme understanding - the view compares related instruments across sectors and thematic groups. Competition analysis is most useful when price, margins, leverage, and growth are read together.

Data shown for Thrivent High Income is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication cadence can introduce delays.

This content is curated and reviewed by:

Vlad Skutelnik - Macroaxis Contributor

Last reviewed on March 17th, 2026

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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THRIVENT HIGH Competition

THRIVENT HIGH and Virtus Convertible Correlation View

Moving together with THRIVENT Mutual Fund

Specify up to 10 symbols:

THRIVENT HIGH Competition Correlation Matrix

Risk-Adjusted Indicators

THRIVENT HIGH Competitive Analysis

THRIVENT HIGH Competition Peer Performance Charts

How to Analyze THRIVENT HIGH Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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