LEO vs TCPB

Comparison between BNY Mellon Strategic Municipals Inc (LEO, ETF) and THRIVENT CORE PLUS BOND ETF (TCPB, ETF).

LEO vs TCPB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LEO(ETF)	TCPB(ETF)
Net Assets	$427M	$425M
Expense Ratio	N/A	0.39%
Max Drawdown	54.53%	3.97%
Sharpe Ratio	1.07	0.35
5Y Beta	0.17	0.05
5Y Dividends CAGR	-7.57%	N/A

Net Assets

Winner

LEO

$427M

TCPB

$425M

Expense Ratio

LEO

N/A

TCPB

0.39%

Max Drawdown

LEO

54.53%

Winner

TCPB

3.97%

Sharpe Ratio

Winner

LEO

1.07

TCPB

0.35

5Y Beta

LEO

0.17

Winner

TCPB

0.05

5Y Dividends CAGR

LEO

-7.57%

TCPB

N/A

LEO vs TCPB - Historical Returns

Returns include dividend reinvestment.

Period	LEO	TCPB
1 month	+0.09%	-0.06%
3 months	+0.44%	-0.85%
6 months	+3.35%	+0.40%
1 year	+14.63%	+5.23%
5 years(CAGR)	-2.39%	N/A
10 years(CAGR)	+1.13%	N/A
Max(CAGR)	+4.81%	+4.97%

Winner

LEO

+0.09%

TCPB

-0.06%

Winner

LEO

+0.44%

TCPB

-0.85%

Winner

LEO

+3.35%

TCPB

+0.40%

Winner

LEO

+14.63%

TCPB

+5.23%

5Y(CAGR)

LEO

-2.39%

TCPB

N/A

10Y(CAGR)

LEO

+1.13%

TCPB

N/A

Max(CAGR)

LEO

+4.81%

Winner

TCPB

+4.97%

LEO vs TCPB - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	LEO	TCPB
2026	+1.84%	+0.14%
2025	+8.40%	+6.29%
2024	+6.40%	N/A
2023	-1.05%	N/A
2022	-23.74%	N/A
2021	+5.05%	N/A
2020	+4.86%	N/A
2019	+22.72%	N/A
2018	-12.42%	N/A
2017	+8.83%	N/A
2016	+3.50%	N/A
2015	+11.03%	N/A
2014	+15.50%	N/A
2013	-16.60%	N/A
2012	+14.70%	N/A
2011	+23.10%	N/A
2010	+3.15%	N/A
2009	+46.92%	N/A
2008	-27.48%	N/A
2007	-7.07%	N/A
2006	+13.96%	N/A
2005	+7.55%	N/A
2004	-7.35%	N/A
2003	+10.84%	N/A
2002	+6.78%	N/A
2001	+22.11%	N/A

LEO vs TCPB Drawdown Comparison

The maximum drawdown for LEO was -47.31%, occurring on Oct 10, 2008. Recovery took 671 trading sessions.

The maximum drawdown for TCPB was -2.74%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current LEO drawdown is -17.31%. The current TCPB drawdown is -1.61%.

Rank	LEO	TCPB
#1	-47.31% May 7, 2007 - Jan 5, 2010	-2.74% Feb 27, 2026 - Mar 27, 2026
#2	-41.48% Aug 27, 2021 - Oct 25, 2023	-2.63% Apr 4, 2025 - Jun 26, 2025
#3	-30.28% Feb 25, 2020 - Feb 5, 2021	-1.20% Oct 27, 2025 - Jan 14, 2026
#4	-23.62% Jan 8, 2013 - Nov 3, 2015	-1.15% Sep 16, 2025 - Oct 16, 2025
#5	-21.68% Jan 21, 2004 - Sep 7, 2005	-1.07% Jun 30, 2025 - Jul 30, 2025
#6	-19.81% Sep 10, 2010 - Oct 12, 2011	-0.92% Mar 3, 2025 - Apr 1, 2025
#7	-17.32% Aug 1, 2017 - Jul 2, 2019	-0.72% Sep 11, 2025 - Sep 16, 2025
#8	-12.16% Jul 8, 2016 - Jul 11, 2017	-0.65% Jul 30, 2025 - Aug 1, 2025
#9	-11.77% Oct 1, 2002 - Apr 29, 2003	-0.62% Jan 14, 2026 - Feb 5, 2026
#10	-11.61% Jun 12, 2003 - Jan 7, 2004	-0.46% Aug 13, 2025 - Aug 22, 2025
#11	-9.85% Aug 28, 2001 - Dec 31, 2001	-0.29% Aug 28, 2025 - Sep 4, 2025
#12	-8.30% Sep 7, 2005 - Mar 29, 2006	-0.26% Aug 5, 2025 - Aug 13, 2025
#13	-6.69% Mar 12, 2012 - May 9, 2012	-0.19% Oct 22, 2025 - Oct 27, 2025
#14	-6.02% Nov 29, 2012 - Jan 8, 2013	-0.15% Sep 8, 2025 - Sep 10, 2025
#15	-5.98% Dec 31, 2001 - Apr 5, 2002	-0.15% Feb 26, 2025 - Feb 28, 2025

Correlation

Correlation between LEO and TCPB is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2001 - 2026)

LEO vs TCPB dividend yield comparison.

Year	LEO	TCPB
2026	1.99%	1.82%
2025	4.03%	3.85%
2024	3.77%	0.00%
2023	4.37%	0.00%
2022	5.66%	0.00%
2021	4.84%	0.00%
2020	4.95%	0.00%
2019	4.94%	0.00%
2018	5.96%	0.00%
2017	5.97%	0.00%
2016	6.14%	0.00%
2015	6.04%	0.00%
2014	7.11%	0.00%
2013	7.74%	0.00%
2012	6.16%	0.00%
2011	6.61%	0.00%
2010	7.54%	0.00%
2009	6.32%	0.00%
2008	8.94%	0.00%
2007	6.13%	0.00%
2006	5.03%	0.00%
2005	6.51%	0.00%
2004	7.38%	0.00%
2003	7.32%	0.00%
2002	7.14%	0.00%
2001	5.74%	0.00%