Key stats
About Thrivent Mid Cap Value ETF
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Inception date
Nov 17, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Thrivent Asset Management LLC
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US88588G5053
TMVE invests in equity securities of US mid-cap companies that appear undervalued relative to their earnings potential, asset base, and long-term growth prospects. The strategy is based on fundamental analysis to identify mispriced opportunities. Additionally, the fund also utilizes features such as in-kind transactions and custom baskets to manage exposure efficiently. The strategy focuses on businesses trading at lower valuations that may offer greater growth potential as they mature from medium to large-cap firms. Note that these companies are more established than smaller ones and have the potential to grow quickly, though they carry greater risk than larger, more seasoned companies. Positions are sold to capture gains, limit losses, or reallocate capital toward more promising opportunities. TMVE converted from a mutual fund into an ETF structure, starting with $262 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks98.97%
Finance22.83%
Electronic Technology9.54%
Producer Manufacturing9.10%
Utilities7.59%
Consumer Non-Durables6.57%
Consumer Services5.42%
Energy Minerals4.98%
Distribution Services4.92%
Transportation4.83%
Health Technology4.52%
Industrial Services4.43%
Process Industries4.11%
Health Services2.70%
Non-Energy Minerals2.63%
Technology Services2.32%
Consumer Durables1.71%
Retail Trade0.76%
Bonds, Cash & Other1.03%
Cash1.03%
Stock breakdown by region
North America94.81%
Europe3.49%
Asia1.70%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TMVE invests in stocks. The fund's major sectors are Finance, with 22.83% stocks, and Electronic Technology, with 9.54% of the basket. The assets are mostly located in the North America region.
TMVE top holdings are M&T Bank Corporation and MKS Inc., occupying 2.52% and 2.52% of the portfolio correspondingly.
TMVE assets under management is 287.77 M USD. It's risen 3.94% over the last month.
TMVE fund flows account for 269.03 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TMVE pays dividends to its holders with the dividend yield of 0.11%. The last dividend (Dec 26, 2025) amounted to 0.02 USD. The dividends are paid annually.
TMVE shares are issued by Thrivent Financial for Lutherans under the brand Thrivent. The ETF was launched on Nov 17, 2025, and its management style is Active.
TMVE expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
TMVE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TMVE invests in stocks.
TMVE price has risen by 3.82% over the last month, and its yearly performance shows a 11.70% increase. See more dynamics on TMVE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.51% over the last month, showed a 4.92% increase in three-month performance and has increased by 4.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.51% over the last month, showed a 4.92% increase in three-month performance and has increased by 4.92% in a year.
TMVE trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.