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Launched

Thrivent International Small Cap ETF

TISCNasdaqD

$23.33+0.03 (+0.15%)

At close: Oct 13, 2026, 4:00 PM

D38/ 100

Rank 13 of 16 in International Small-Cap

D38/100Rank 13 of 16inInternational Small-Cap
Intraday session: up, 2 prints from 23.30 to 23.33. Range 23.31 to 23.33. Use the arrow keys to read each point.23.3123.3223.3310 AM12 PM2 PM4 PM
Expense ratio
0.55%
Fund size
$116M
1Y total return
—
Yield · Last 12 months
—
Holdings
596
Avg volume · 30D
0.1M sh
NAV per share
$23.14
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 59, Mission not scored, Tradability 36, Holdings 35, Durability 28. Strongest: Risk (59). Weakest: Durability (28). 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.
    B59 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.
    D36 out of 100
    Rank 12 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D35 out of 100
    Rank 13 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D28 out of 100
    Rank 14 of 16

Our read on TISC

ETF.net Research

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

  1. 01Active 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.fp.thriventfunds.comfp.thriventfunds.com
  2. 02Active without being a concentrated bet: roughly 600 holdings, spanning growth, value and core styles.fp.thriventfunds.com
  3. 03Developed markets only, so it skips the emerging-market slice built into all-world ex-US small-cap funds like VSS.fp.thriventfunds.com
  4. 04Run by a Fortune 500 firm that has managed an active small-mid cap ETF since 2022, so this is not its first ETF rodeo.newsroom.thrivent.comfp.thriventfunds.com

Worth knowing

  1. 01Costs 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.
  2. 02Launched in June 2026, so there is no multi-year record to judge the managers' international small-cap calls against.newsroom.thrivent.com
  3. 03Younger 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

As of Oct 12, 2026
Asset class
Stocks
Holdings
596
Top-10 weight
11%
Largest holding
Msci Eafe DEC26 Ifus 202612185.1%

Geography

  • Japan37.61%
  • Australia11.00%
  • United Kingdom10.97%
  • France4.91%
  • Israel4.11%
  • Sweden3.62%
  • Italy3.33%
  • Singapore2.76%
  • Other countries (21)21.68%

Developed 94% · Emerging 6% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 40.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Msci Eafe DEC26 Ifus 202612185.13%1,900$6M4
002AZJ.AXAurizon Holdings Ltd Common Stock0.70%315,903$812K69
003BBY.LBalfour Beatty PLC Common Stock GBP.50.69%68,423$794K59
004BAMNB.ASKoninklijke Bam Groep NV Common Stock EUR.10.61%53,564$700K57
005BSL.AXBluescope Steel Ltd Common Stock0.58%32,140$673K74
006IMI.LImi PLC Common Stock GBP.28570.58%16,422$672K63
007CAF.MCConstrucc Y Aux De Ferrocarr Common Stock EUR.3010.58%7,582$671K48
008OVS.MIOvs Spa Common Stock Npv0.56%100,915$650K27
0091662.TJapan Petroleum Exploration Common Stock0.54%58,900$625K42
0104114.TNippon Shokubai Co Ltd Common Stock0.52%37,100$601K54
011TCAP.LTp Icap Group PLC Common Stock GBP.250.51%135,793$591K49
0122768.TSojitz Corp Common Stock0.50%17,200$580K68
013ISS.COIss A/S Common Stock DKK1.00.49%13,075$566K62
014ORI.AXOrica Ltd Common Stock0.49%35,083$566K63
0158616.TTokai Tokyo Financial Holdin Common Stock0.48%100,000$554K47

Showing 1–15 of 596 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$9,995
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. TISC $9,995. SPY $10,332. Use the arrow keys to read each point.$9,595$10,080$10,565Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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 year—
1 month−3.5%
3 months−0.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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−1.0%

Since listing, Jun 15, 2026

TISC in the news

Filtered to TISC · Thrivent

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 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jun 2026. No distributions yet.

TISC Risk

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.

TISC Cost

Expense ratio0.55%
  • The middle half of International Small-Cap funds
  • Median 0.44%

10 of the 16 International Small-Cap funds charge less.

TISC costs $55.00 a year on $10,000. The median International Small-Cap fund costs $44.00.

Other funds in International Small-Cap

See others