TSME

Thrivent Small-Mid Cap Equity ETF

$39.89
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Thrivent Small-Mid Cap Equity ETF (TSME) seeks to provide long-term capital growth by investing in a diversified portfolio of small and mid-sized U.S. companies.

Overview

ETF tracking Thrivent Small-Mid Cap Equity ETF

Category Mid Cap
Issuer Other
Inception Date 2022-10-05
Market Cap $522.6M
Average Volume N/A
Dividend Yield 0.34%
52-Week Range $29.51 - $42.56
VWAP $39.83

Performance

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Investment Summary

📎 Investment Objective

The Thrivent Small-Mid Cap Equity ETF (TSME) seeks to provide long-term capital growth by investing in a diversified portfolio of small and mid-sized U.S. companies.

🎯 Investment Strategy

The ETF tracks the Thrivent Small-Mid Cap Equity Index, which is composed of stocks of small and mid-capitalization U.S. companies. The portfolio is constructed to provide broad exposure to the small and mid-cap segments of the U.S. equity market.

✨ Key Features

  • Diversified portfolio of small and mid-cap U.S. stocks
  • Passively managed to track the Thrivent Small-Mid Cap Equity Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking exposure to the small and mid-cap equity market

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Sector concentration risk: The ETF may have significant exposure to certain sectors, which could increase volatility
  • Small and mid-cap risk: Smaller companies may be more volatile and less liquid than larger companies
  • Tracking error risk: The ETF may not perfectly track its underlying index

👤 Best For

The Thrivent Small-Mid Cap Equity ETF may be suitable for investors seeking long-term capital growth through exposure to the small and mid-cap segments of the U.S. equity market. It may be appropriate as a core holding or as part of a diversified portfolio.