TMVE: THRIVENT MID CAP VALUE ETF
What this ETF is trying to do
The THRIVENT MID CAP VALUE ETF (TMVE) focuses on mid-sized companies. It specifically looks for "value" stocks, which are often companies that investors believe are worth more than their current market price suggests.
What the numbers show
As of October 5, 2026, the current price of this ETF is $17.12.
The year-to-date (YTD) price return is 13.24%. This number tells you how much the share price has moved from the start of the year until now. The YTD total return is also 13.24%. While the price return only looks at the change in the share price, the total return includes both the price movement and any distributions (like dividends) provided by the fund.
Income and distribution explanation
This ETF has a distribution yield of approximately 0.11%. The distribution yield shows how much cash an ETF pays out relative to its price. For this specific fund, payments are irregular or less frequent. In the last 12 months, there was only one payout. It is important for new investors to know that a high distribution yield does not always mean an investor will earn that percentage as a total return.
NAV erosion explanation
StockValueFinder uses "erosion-risk scores" to check for signs of NAV erosion. NAV stands for Net Asset Value, which is the value of the actual assets held inside the fund. NAV erosion happens when the underlying value of those assets drops over time.
For this ETF, the score was withheld because there is not enough verified price history to create one. There is no "severe erosion-risk flag" on this fund, which means the screening rules did not detect substantial price deterioration or a weak erosion score at this time.
Pros
• The fund has shown a positive year-to-date price return of 13.24%.
• It provides diversification by holding 84 different companies.
Cons
• Distributions are irregular and happen less frequently.
• There is not enough verified history to provide a full erosion score.
Top Holdings
The following are some of the top holdings in the fund as of October 7, 2026. These weights can change over time:
• M&T Bank Corp: 2.27%
• U.S. Bancorp: 2.12%
• Crown Holdings Inc: 2.03%
• Intercontinental Exchange Inc: 2.03%
• American International Group Inc: 1.93%
• General Dynamics Corp: 1.93%
• PPG Industries Inc: 1.91%
• Capital One Financial Corp: 1.86%
• Labcorp Holdings Inc: 1.85%
• Simmons First National Corp Class A: 1.82%
Beginner takeaway
The THRIVENT MID CAP VALUE ETF tracks mid-sized value companies. While it has shown a positive price return so far this year, its distributions are infrequent. Investors often look at both the share-price movement and the distribution yield to understand how an investment performs over time.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | M&T BANK CORP | MTB | 2.27% |
| 2 | U.S. BANCORP | USB | 2.12% |
| 3 | CROWN HOLDINGS INC | CCK | 2.03% |
| 4 | INTERCONTINENTAL EXCHANGE INC | ICE | 2.03% |
| 5 | AMERICAN INTERNATIONAL GROUP INC | AIG | 1.93% |
| 6 | GENERAL DYNAMICS CORP | GD | 1.93% |
| 7 | PPG INDUSTRIES INC | PPG | 1.91% |
| 8 | CAPITAL ONE FINANCIAL CORP | COF | 1.86% |
| 9 | LABCORP HOLDINGS INC | LH | 1.85% |
| 10 | SIMMONS FIRST NATIONAL CORP CLASS A | SFNC | 1.82% |