TSMEvsFADETF Comparison
VS
Thrivent Small-Mid Cap Equity ETF (TSME) and First Trust Multi Cap Growth AlphaDEX Fund ETF (FAD) belong to the same industry segment: US Multi-Factor. TSME's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, FAD's top sector exposures are Industrials, Information Technology and Health Care. TSME is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.63% for FAD. TSME is up 18.88% year-to-date (YTD) with -$32M in YTD flows. FAD performs worse with 11.94% YTD performance, and +$97M in YTD flows. Run a side-by-side ETF comparison of TSME and FAD 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
TSME vs FAD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TSME FAD | +3.81%-1.96% | +17.47%+10.62% | +18.88%+11.94% | +37.22%+27.89% | +77.26%+78.79% | n/a+60.21% |
| Flows | TSME FAD | +$16M+$28M | -$56M+$71M | -$32M+$97M | +$281M+$144M | +$545M+$186M | -+$176M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TSME FAD | +30.13%+23.48% | +21.96%+19.06% | +21.75%+19.46% | n/a+21.13% |
| Max drawdown | TSME FAD | -8.06%-6.50% | -14.69%-10.70% | -26.79%-23.51% | n/a-31.99% |
| Max drawdown duration | TSME FAD | 26d28d | 54d81d | 255d230d | n/a967d |
Trading data
TSME | FAD | |
Last sale 6/12/2026 at 6:56 PM | $49.99 | $190.53 |
| Previous close 06/11/2026 | $49.41 | $188.59 |
| Consolidated volume 06/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of May 29, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
TSME
is actively managed and doesn’t replicate an indexTSME | FAD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 6/12/2026 at 6:56 PM
Live
Closed
TSME | FAD | |
|---|---|---|
| Last price | $49.99 | $190.53 |
| 1D performance | +1.17% | +1.03% |
| AuM | $959.09 M | $516.05 M |
| E/R | 0.65% | 0.63% |
Characteristics
TSME | FAD | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Thrivent Asset Management | First Trust |
| Benchmark | - | NASDAQ AlphaDEX Multi Cap Growth Index |
| N° of holdings | 53 | 591 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 5, 2022 | May 8, 2007 |
| ESG | No | No |
Advertisement
Exposure
Countries
TSME
USA
78.65%
Other
21.35%
FAD
USA
86.14%
Other
13.86%
Sectors
TSME
Industrials
25.42%
Information Techn.
17.81%
Consumer Discreti.
12.85%
Financials
7.93%
Health Care
7.15%
Other
28.84%
FAD
Industrials
23.15%
Information Techn.
18.54%
Health Care
13.31%
Consumer Discreti.
10.72%
Financials
7.09%
Other
27.2%
Advertisement
Diversification
TSME
Total weight of top 15 holdings out of 15
38.41%
FAD
Total weight of top 15 holdings out of 15
7.86%
Top 15 holdings
Data as of April 30, 2026
TSME
MODINE MNFC CO
3.55%
BEL FUSE
3.45%
US19247G1076
2.96%
CELESTICA
2.89%
LIMBACH HOLDINGS INC
2.81%
ELEMENT SOLUTIONS INC
2.74%
LITTELFUSE
2.52%
ENOVA INTERNATIONAL
2.50%
CECO ENVIRONMENTAL
2.35%
LSI INDUSTRIES
2.27%
AVANOS MEDICAL INC
2.21%
TURNING POINT BRANDS INC
2.16%
NVENT ELECTRIC PLC
2.09%
ONEMAIN HOLDINGS INC
1.96%
NEWPARK RSC
1.95%
FAD
MICRON TECHNOLOGY
0.61%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.60%
WESTERN DIGITAL
0.59%
BLOOM ENERGY CORP
0.54%
TERADYNE
0.52%
ADVANCED MICRO DEVICES
0.52%
DELL TECHNOLOGIES INC
0.51%
US36828A1016
0.51%
COMFORT SYSTEMS USA
0.51%
MARVELL TECHNOLOGY
0.50%
CIENA
0.50%
VERTIV HOLDINGS
0.50%
API GROUP CORP
0.49%
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
0.49%
KEYSIGHT TECHNOLOGIES
0.48%
Frequently asked questions about TSME and FAD
How have the TSME and FAD ETFs performed in 2026?
As of June 11, 2026, TSME is up 18.88% year-to-date (YTD), while FAD has returned 11.94%. That puts TSME better performer ahead so far this year.
Which ETF is attracting more investor money: TSME or FAD?
Year-to-date, the TSME ETF saw -$32M in flows, compared to +$97M for FAD.
Which ETF is more volatile: TSME or FAD?
Over the past year, TSME had a volatility of 21.96%, while FAD experienced 19.06%.
Which ETF is bigger: TSME or FAD?
As of June 11, 2026, TSME holds $959.09 M in assets under management (AUM), while FAD manages $516.05 M.
What sectors do the TSME and FAD ETFs invest in?
TSME leans toward sectors like Industrials, Information Technology and Consumer Discretionary. Meanwhile, FAD focuses on Industrials, Information Technology and Health Care.
What are the top holdings of the TSME ETF and FAD ETF?
TSME top holdings include MODINE MNFC CO, BEL FUSE and US19247G1076. FAD holds in its top three: MICRON TECHNOLOGY, SEAGATE TECHNOLOGY HOLDINGS PLC and WESTERN DIGITAL.
Which ETF is more diversified: TSME or FAD?
TSME holds 54 securities with 38.41% of its assets in the top 15. FAD has 603 securities and a top 15 weight of 7.86%.
Advertisement
Latest news about TSME & FAD
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
