FADvsTSMEETF Comparison
VS
First Trust Multi Cap Growth AlphaDEX Fund ETF (FAD) and Thrivent Small-Mid Cap Equity ETF (TSME) belong to the same industry segment: US Multi-Factor. Both ETFs have the same top 3 sector exposures: Technology, Industrials and Healthcare. FAD is less expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.65% for TSME. FAD is up 10.64% year-to-date (YTD) with +$172M in YTD flows. TSME performs worse with 10.22% YTD performance, and -$57M in YTD flows. Run a side-by-side ETF comparison of FAD and TSME below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FAD vs TSME performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FAD TSME | -7.80%-10.67% | -6.82%-7.93% | +10.64%+10.22% | +12.88%+10.36% | +75.16%+61.77% | +47.88%n/a |
| Flows | FAD TSME | +$18M-$63M | +$75M-$38M | +$172M-$57M | +$197M+$233M | +$267M+$519M | +$227M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FAD TSME | +19.66%+22.74% | +20.79%+23.41% | +20.05%+22.38% | +21.47%n/a |
| Max drawdown | FAD TSME | -10.71%-13.33% | -10.71%-14.69% | -23.51%-26.79% | -31.99%n/a |
| Max drawdown duration | FAD TSME | 78d79d | 78d54d | 230d255d | 967dn/a |
Trading data
FAD | TSME | |
Last sale 9/18/2026 at 1:30 PM | $181.17 | $45.98 |
| Previous close 09/17/2026 | $180.88 | $45.86 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
TSME
is actively managed and doesn’t replicate an indexFAD | TSME | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
FAD | TSME | |
|---|---|---|
| Last price | $181.17 | $45.98 |
| 1D performance | +0.16% | +0.26% |
| AuM | $581.43 M | $862.18 M |
| E/R | 0.63% | 0.65% |
Characteristics
FAD | TSME | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | First Trust | Thrivent Asset Management |
| Benchmark | NASDAQ AlphaDEX Multi Cap Growth Index | - |
| N° of holdings | 666 | 64 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | October 5, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
FAD
USA
96.26%
Other
3.74%
TSME
USA
89.94%
Other
10.06%
Sectors
FAD
Technology
23.83%
Industrials
20.02%
Healthcare
17.73%
Finance
14.43%
Other
23.99%
TSME
Technology
24.7%
Industrials
23.7%
Healthcare
11.69%
Finance
11.56%
Consumer Non-Cycl.
8.94%
Other
19.41%
Advertisement
Diversification
FAD
Total weight of top 15 holdings out of 15
7.04%
TSME
Total weight of top 15 holdings out of 15
35.46%
Top 15 holdings
Data as of July 31, 2026
FAD
Incyte Corp.
0.53%
Everpure, Inc.
0.53%
Lumentum Holdings, Inc.
0.49%
Interactive Brokers Group, Inc.
0.49%
Dell Technologies, Inc.
0.48%
Fortinet, Inc.
0.47%
Morgan Stanley
0.47%
United Rentals, Inc.
0.46%
Illumina, Inc.
0.46%
Natera, Inc.
0.45%
EMCOR Group, Inc.
0.45%
Quanta Services, Inc.
0.44%
eBay, Inc.
0.44%
Medpace Holdings, Inc.
0.44%
Analog Devices, Inc.
0.44%
TSME
SharkNinja, Inc.
3.43%
Enova International, Inc.
3.37%
Littelfuse, Inc.
2.81%
LSI Industries, Inc.
2.53%
Bel Fuse, Inc.
2.49%
Viking Holdings Ltd. (Bermuda)
2.43%
Ryder System, Inc.
2.24%
Limbach Holdings, Inc.
2.20%
Federal Agricultural Mortgage Corp.
2.12%
OneMain Holdings, Inc.
2.11%
Turning Point Brands, Inc.
2.05%
Casey's General Stores, Inc.
2.03%
InterDigital, Inc.
1.93%
Modine Manufacturing Co.
1.87%
Penguin Solutions, Inc.
1.86%
Frequently asked questions about FAD and TSME
How have the FAD and TSME ETFs performed in 2026?
As of September 16, 2026, FAD is up 10.64% year-to-date (YTD), while TSME has returned 10.22%. That puts FAD better performer ahead so far this year.
Which ETF is attracting more investor money: FAD or TSME?
Year-to-date, the FAD ETF saw +$172M in flows, compared to -$57M for TSME.
Which ETF is more volatile: FAD or TSME?
Over the past year, FAD had a volatility of 20.79%, while TSME experienced 23.41%.
Which ETF is bigger: FAD or TSME?
As of September 16, 2026, FAD holds $581.43 M in assets under management (AUM), while TSME manages $862.18 M.
What sectors do the FAD and TSME ETFs invest in?
FAD leans toward sectors like Technology, Industrials and Healthcare. Meanwhile, TSME focuses on Technology, Industrials and Healthcare.
What are the top holdings of the FAD ETF and TSME ETF?
FAD top holdings include Incyte Corp., Everpure, Inc. and Lumentum Holdings, Inc.. TSME holds in its top three: SharkNinja, Inc., Enova International, Inc. and Littelfuse, Inc..
Which ETF is more diversified: FAD or TSME?
FAD holds 666 securities with 7.04% of its assets in the top 15. TSME has 64 securities and a top 15 weight of 35.46%.
Advertisement
Latest news about FAD & TSME
What's the Fund | Thrivent Small-Mid Cap Equity ETF (Ticker: TSME)
March 6, 2026
TSME
Putting The Pieces Together of a Small-Mid Cap ESG ETF
October 5, 2023
TSME
Exploring Actively Managed ETFs and Thrivent's SMID Cap Strategy
May 19, 2023
TSME
Advertisement
Understanding US Multi-Factor Investing
May 9, 2023
TSME
Understanding US Multi-Factor Investing
May 9, 2023
TSME
Chad Miller on Thrivent's Small Mid Cap ESG ETF (TSME)
April 25, 2023
TSME
Advertisement
