TSCV: THRIVENT SMALL CAP VALUE ETF
What this ETF is trying to do
The Thrivent Small Cap Value ETF (TSCV) is designed to invest in small-cap companies that are considered "value" stocks. This generally means the fund looks for smaller companies that may be priced lower relative to their actual worth. Based on its top holdings, the fund has significant exposure to regional banks and energy companies.
What the numbers show
As of October 9, 2026, the share price for TSCV was $29.49.
Looking at performance for the current year, the year-to-date (YTD) price return is 10.99%. The YTD total return is also 10.99%. Price return measures only the change in the share price, while total return includes the impact of distributions.
There is no available data for one-year or three-year price and total returns.
Income and distribution explanation
TSCV provides a very low amount of income to its investors. The distribution yield is 0.26%. In the last 12 months, the fund has made only one payout. The distribution frequency is described as irregular or less frequent.
For new investors, it is important to remember that a distribution yield is not the same as a total return. While some ETFs pay high yields, TSCV's yield is low, meaning it is not primarily designed for high cash income.
NAV erosion explanation
NAV erosion happens when the actual value of the assets inside an ETF drops over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, the fund does not have a severe erosion-risk flag, and the erosion score is currently withheld because there is not enough verified price history to calculate it.
Top Holdings
The fund holds a total of 58 assets. Because the holdings list is partial, we only see the largest positions (updated as of October 12, 2026). Top holdings include:
• SSC Government MM GVMXX: 5.00%
• Korn Ferry: 2.54%
• Ashland Inc: 2.49%
• Valley National Bancorp: 2.40%
• Cushman & Wakefield Ltd: 2.38%
• Old National Bancorp: 2.36%
• SharkNinja Inc: 2.35%
• UMB Financial Corp: 2.30%
• Matador Resources Co: 2.21%
• Southstate Bank Corp: 2.18%
Pros
• The fund has shown a positive YTD price return of 10.99%.
• It provides diversified exposure to 58 different holdings.
Cons
• The distribution yield is very low (0.26%), making it less attractive for those seeking regular income.
• There is a lack of long-term performance data (1-year and 3-year returns are unavailable).
Beginner takeaway
TSCV is a small-cap value fund that has seen growth so far this year. It is not a high-income investment, as its payouts are infrequent and the yield is low. Investors should focus on the price movement of small-cap value stocks rather than expecting significant cash distributions from this specific ETF.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SSC GOVERNMENT MM GVMXX | n/a | 5.00% |
| 2 | KORN FERRY | KFY | 2.54% |
| 3 | ASHLAND INC | ASH | 2.49% |
| 4 | VALLEY NATIONAL BANCORP | VLY | 2.40% |
| 5 | CUSHMAN & WAKEFIELD LTD | CWK | 2.38% |
| 6 | OLD NATIONAL BANCORP | ONB | 2.36% |
| 7 | SHARKNINJA INC | SN | 2.35% |
| 8 | UMB FINANCIAL CORP | UMBF | 2.30% |
| 9 | MATADOR RESOURCES CO | MTDR | 2.21% |
| 10 | SOUTHSTATE BANK CORP | SSB | 2.18% |