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Launched

Thrivent International Small Cap ETF

TISCNasdaqThriventD

$23.13+0.15 (+0.65%)

At close: Nov 2, 2026, 4:00 PM ET

D38/ 100

Rank 13 of 16 in International Small-Cap

D38/100Rank 13 of 16inInternational Small-Cap
Intraday session: up, 78 prints from 22.98 to 23.13. Range 23.08 to 23.23. Use the arrow keys to read each point.23.0523.1023.2010 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$115M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
608
Avg volume · 30D
39.1K sh
52W range
low $22.75high $25.42
Launched

The ETF.net TISC Grade

Based on 5 of 6 pillars

D

Score 38 out of 100

Category
International Small-Cap⁠
Rank
13 of 16
Six-pillar profile for TISC. Scores out of 100: Cost 33, Risk 58, Mission not scored, Tradability 34, Holdings 33, Durability 29. Strongest: Risk (58). Weakest: Durability (29). Based on 5 of 6 pillars.

Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D33 out of 100
    Rank 11 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 6 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D34 out of 100
    Rank 12 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D33 out of 100
    Rank 14 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D29 out of 100
    Rank 14 of 16

Our read on TISC

ETF.net Research

In short

DMost international small-cap ETFs just track an index. TISC goes the other way: Thrivent's own managers pick developed-market small caps outside the US, spread across roughly 600 names in growth, value and core styles.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • Active in a corner of the market dominated by index trackers. There is no underlying index to hug; Thrivent's in-house managers choose the non-US developed-market small caps.thriventfunds.comthriventfunds.com 2
  • Active without being a concentrated bet: roughly 600 holdings, spanning growth, value and core styles.thriventfunds.com
  • Developed markets only, so it skips the emerging-market slice built into all-world ex-US small-cap funds like VSS.thriventfunds.com
  • Run by a Fortune 500 firm that has managed an active small-mid cap ETF since 2022, so this is not its first ETF rodeo.thrivent.comthriventfunds.com

Worth knowing

  • Costs 0.55% a year, above the category median of 0.47% and many times the 0.06% charged by index staples SCHC and VSS. Stockpicking is the thing you are paying for.
  • Launched in June 2026, so there is no multi-year record to judge the managers' international small-cap calls against.thrivent.com
  • Younger and smaller than the category's index heavyweights, so it changes hands less often, which can widen the gap between bid and ask.

TISC Holdings

Holdings pillarD33 out of 100Rank 14 of 16 in International Small-Cap
Asset class
Stocks
Holdings
608
Top-10 weight
10%
Largest holding
Msci Eafe DEC26 Ifus 202612185.0%

Geography

  • Japan37.65%
  • United Kingdom13.17%
  • Australia10.67%
  • France4.76%
  • Sweden3.74%
  • Israel3.47%
  • Italy3.46%
  • Germany3.19%
  • Other countries (15)19.90%

Developed 96% · Emerging 4% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 41.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataMsci Eafe DEC26 Ifus 202612185.04%1,850$5.8M4
2AZJ.AXAurizon Holdings Ltd Common Stock0.74%315,903$853K70
3BSL.AXBluescope Steel Ltd Common Stock0.65%32,140$750K78
4BAMNB.ASKoninklijke Bam Groep NV Common Stock EUR.10.64%53,564$735K59
5OVS.MIOvs Spa Common Stock Npv0.57%100,915$656K27
6IMI.LImi PLC Common Stock GBP.28570.56%16,422$642K65
7CAF.MCConstrucc Y Aux De Ferrocarr Common Stock EUR.3010.55%7,248$633K53
8BBY.LBalfour Beatty PLC Common Stock GBP.50.55%54,361$629K60
94114.TNippon Shokubai Co Ltd Common Stock0.53%37,100$605K55
102768.TSojitz Corp Common Stock0.52%17,200$596K68
11TCAP.LTp Icap Group PLC Common Stock GBP.250.51%135,793$590K51
12ISS.COIss A/S Common Stock DKK1.00.49%13,075$560K67
136371.TTsubakimoto Chain Co Common Stock0.48%32,700$558K54
14ORI.AXOrica Ltd Common Stock0.48%35,083$555K65
15ACKB.BRAckermans & Van Haaren Common Stock0.48%1,882$555K78

Showing 1–15 of 608 holdings

TISC Performance

Launched Jun 15, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TISC$9,897
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. TISC $9,897. SPY $10,141. Use the arrow keys to read each point.$10,000$10,250$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TISC. Periods over one year show the average yearly return.
PeriodTISC
Year to dateFund launched this yearNo data
1 month−2.8%
3 months−1.0%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TISC
YearReturn barTISC
2026 YTD−2.2%

Since listing, Jun 15, 2026

TISC in the news

TISC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jun 2026. No distributions yet.

TISC Risk

Risk pillarB58 out of 100Rank 6 of 16 in International Small-Cap
How much the fund’s monthly returns vary, scaled to a year.
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.90
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TISC Cost

Compare TISC and VSS

Overpaying vs VSS, tied cheapest in International Small-Cap

$9,634

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TISC 0.55%

    $10,904

  • VSS 0.06% Tied cheapest

    $1,270

$10,000
30 years

Cost over time

  • TISC 0.55%
  • VSS 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530TISC $10,904VSS $1,270

Year by year

YearTISCVSSOverpaying
10$988$110$878
20$3,790$432$3,358
30$10,904$1,270$9,634

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