Three ways to buy Thrivent funds

We’re here to help you invest with confidence.


Thrivent Account

You can purchase mutual funds right on our site with an online account.

Buy with a Thrivent account

  • Set up an account starting with as little as $50 per month.1
  • Access your online account at your convenience.
  • Purchase funds without transaction fees or sales charges.


Financial Professional

For guidance when investing, ask a financial professional about buying Thrivent mutual funds & ETFs.

Buy with a financial professional

  • Receive investment help from an experienced professional.
  • Build a relationship through in-person meetings.
  • Get help planning for life’s goals such as saving and retirement.
  • Additional fees may apply.


Brokerage Account

If you already have a brokerage account, our mutual funds & ETFs can be purchased through online brokerage platforms by searching for Thrivent Mutual Funds and ETFs.

Buy with a brokerage account

  • Add Thrivent Mutual Funds and ETFs to your investments within your existing portfolio.
  • Take advantage of your account to keep your investments in one place.
  • Additional fees may apply.
Not quite ready?

We want you to invest your money wisely and with confidence.
Here are some other options that may help you.

  • Take our quiz to determine your personal investment style.
  • Talk to your financial advisor about ETFs.
  • Sign up for our monthly investing insights newsletter.


Need more help?

If you need assistance, we’re here to help. Reach out to us via the phone, email, and support page information below.


This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

 - You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.

 - The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.

 - These additional risks may be even greater in bad or uncertain market conditions.

 - The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance. For additional information regarding the unique attributes and risks of the ETF, see the Principal Risks section of the prospectus.

1 New accounts with a minimum investment amount of $50 are offered through the Thrivent Mutual Funds "automatic purchase plan." Otherwise, the minimum initial investment requirement is $2,000 for non-retirement accounts and $1,000 for IRA or tax-deferred accounts, minimum subsequent investment requirement is $50 for all account types. Account minimums for other options vary.

Thrivent ETFs may be purchased through your financial professional or brokerage platforms.

Contact your financial professional or brokerage firm to understand minimum investment amounts when purchasing a Thrivent ETF.

Now leaving


You're about to visit a site that is neither owned nor operated by Thrivent Mutual Funds.

In the interest of protecting your information, we recommend you review the privacy policies at your destination site.

Gene Walden
Senior Finance Editor
Alex Krieckhaus


Big tech earnings growth drives market gains

By Gene Walden, Senior Finance Editor & Alex Krieckhaus, Co-author | 05/05/2023

Thrivent Asset Management Contributors to this report: Steve Lowe, CFA, Chief Investment Strategist; John Groton, Jr., CFA, Director of Administration and Materials & Energy Research; Matthew Finn, CFA, Head of Equity Mutual Funds; and Jeff Branstad, CFA, Model Portfolio Manager

Chart summarizing the performance of select market indexes, 10-year T bonds, and oil

Despite ongoing economic headwinds, the stock market remained resilient in April, with a handful of tech giants leading the way. Microsoft, Google, and Meta all reported results above consensus expectations in late April. Apple, which released its earnings report May 4, also topped estimates.

Although expectations had been lowered in recent months given the myriad of uncertainties the market faces, nearly 80% of companies reporting earnings so far this quarter have exceeded consensus estimates, according to FactSet, prompting a small spike in forward earning projections. (See chart below.)

Chart depicting the S&P 500 Index's forward earnings per aggregate share projections from May 2022 to April 2023

However, economic uncertainties remain. On May 1, First Republic Bank was seized by regulators and its assets were sold to JPMorgan Chase – the fourth bank failure since early March. The failures were triggered by the rapid increase in interest rates by the Federal Reserve (Fed), which drove down the value of the banks’ existing bond and mortgage-backed security holdings. But regulators have remained vigilant and have been quick to respond.  

Despite the banking turmoil, the Fed hiked rates one more time, with a 0.25% increase May 3, bringing the total increase in rates since the Fed began its hikes early last year to 5.25%. It was the first time the benchmark rate has exceeded 5.00% since July 2007.

While Fed Chair Jerome Powell hinted that the Fed would likely pause further rate hikes, he stressed that the economy could still face a number of challenges in the coming months. “Credit conditions had already been tightening over the past year or so in response to our policy actions and a softer economic outlook,” he said. “But the strains that emerged in the banking sector in early March appear to be resulting in even tighter credit conditions for households and businesses.”

One economic development that may have played into the Fed’s guidance was the latest gross domestic product (GDP) report indicating that the U.S. economy is continuing to slow. According to the Bureau of Economic Analysis (BEA), GDP rose at a rate of only 1.1% in the 1st quarter – the third consecutive quarter of slowing economic growth. Declines in inventories and fixed investment, such as equipment and facilities, were the largest drags on the economy in the 1st quarter. But on the bright side, consumer spending continued to accelerate, and exports rose.

Inflation has proven persistent with the Personal Consumption Expenditures Index (PCE), a common gauge of inflation, rising 4.2% year-over-year through March, according to the April 28 BEA report. However, the PCE, which tracks consumer expenditures for goods and services, was up only 0.1% from the previous month in March, the smallest one-month rise this year. Excluding food and energy, the index was up 0.3%.

The Consumer Price Index (CPI), which also tracks prices consumers pay for goods and services, also inched up just 0.1% in March and 5.0% from a year earlier, according to the Bureau of Labor Statistics. It was the smallest year-over-year rise since May 2021. However, Core CPI (excluding the more volatile food and energy prices) rose 0.4% in March, and 5.6% year-over-year. 

Outlook: The economic uncertainty and volatile investment environment that characterized the 1st quarter is likely to prevail through much of 2023. The challenges of transitioning to a post-pandemic world, continued inflationary pressures, a restrictive monetary policy, and ongoing geo-political tensions, are likely to remain headwinds for the stock and bond markets. 

Regardless of equity style or size characteristics, quality factors such as reliable earnings and strong balance sheets will likely be critical issues in equity performance as the year progresses. That said, mega cap technology stocks, which significantly lagged the market last year, look poised to continue their recovery, as investors migrate back to less cyclical, high quality, and low capital intensity stocks.

While small cap and value stocks remain historically cheaper relative to these large cap stocks, these sectors typically perform better when the economy transitions from contraction back to expansion. And we aren’t there yet.

Before adding significant risk in either fixed income or equities, we believe investors should look for meaningful improvement across a range of critical factors, including more attractive overall valuations, declining inflation, stability in the banking and financial system, and an economy poised for expansion. In the meantime, we continue to believe a defensive stance remains warranted, with a bias to cash and higher quality, shorter maturity fixed-income investments.

Before making a change to your portfolio, you may wish to consult with your financial professional.

Drilling down

U.S. stocks edge up

The S&P 500® Index was up 1.46% in April, from 4,109.31 at the March close to 4,169.48 at the end of April. The total return of the S&P 500 (including dividends) was 1.56%. The total return for the year through April was 9.17%. (The S&P 500 is a market-cap-weighted index that represents the average performance of a group of 500 U.S. large capitalization stocks.)

The NASDAQ Index rose slightly in April (up 0.04%) from 12,221.91 at the end of March to 12,226.58 at the April close. For the year, the NASDAQ was up 16.82% through April, as technology stocks continued their rebound off large losses in 2022. (The NASDAQ – National Association of Securities Dealers Automated Quotations – is an electronic stock exchange with more than 3,300 company listings.)

Retail sales slip

Retail sales were down 1.2% from the previous month in March, but up 1.5% from 12 months earlier, according to the Department of Commerce retail report issued April 14. Falling sales were led by drops in gasoline stations, general merchandise stores, and electronic & appliance stores. Gas sales were down 5.5% for the month and 14.2% below a year ago. General merchandise store sales were down 3.0% on the month as department store sales weakened. Department store sales were down 2.5% from February, but up 1.25% from a year earlier. Electronics and appliance store sales were down 2.1% from the previous month and down 10.3% from a year earlier.

However non-store retailers (primarily online) were strong, up 1.9% from February and 12.3% from a year earlier. Similarly, sales at food services and drinking establishments rose in March, up slightly (0.1%) on the month but 13.0% from a year earlier, as consumers continued to return to restaurants and bars.

Job gains continue as unemployment drops

Unemployment in April fell to 3.4%, the lowest level since 1969, according to the May 5 employment report from the Department of Labor. And job creation continued in April, with 253,000 new jobs added to the economy – well above market expectations of about 180,000 jobs. Professional and business services added the most employees, at 43,000, followed by health care (40,000), and leisure and hospitality (31,000).

Hourly earnings, which can be an important barometer of inflation expectations, rose 0.5% in April, the largest monthly gain of the past year. With nearly 10 million job openings in the U.S., according to the Fed – and only about 5.6 million people currently looking for work – low unemployment may continue despite the Fed’s efforts to slow the economy.

Most sectors move up in April

Eight of the S&P 500’s 11 sectors generated a positive return in April, with Communication Services leading the way. The sector rose 3.77% for the month, increasing its lead as the best performing sector year to date, up 25.05% so far.

Information Technology, the second-best performing sector year to date, generated a 0.45% return in April. The Financials sector, which has struggled with concerns about the banking system, bounced back in April, up 3.18%. The only sectors in negative territory were Industrials (down 1.18%), Consumer Discretionary (down 0.95%), and Materials (down 0.14%).

The chart below shows the past month and year-to-date performance results of the 11 sectors:

Chart depicting the April 2023 and year-to-date returns of 11 S&P 500 sectors

Treasury yields dip

The yield on 10-year U.S. Treasuries remained in a narrow range in April, ending the month down 0.04%, from 3.49% at the end of March to 3.45% at the April close.

The Bloomberg US Aggregate Bond Index was up 0.61% in April and 3.59% year-to-date.

Oil prices volatile

Oil prices were up modestly in April, with demand easing as the global economy struggled. The price of West Texas Intermediate, a grade of crude oil used as a benchmark in oil pricing, rose 1.47%, from $75.67 at the end of March to $76.78 at the April close. However, prices plunged about 10% in early May over concerns of a slowing global economy and disappointing industrial performance in China.  

Gasoline prices at the pump also rose in April. The average price per gallon climbed from $3.53 at the end of March to $3.77 at the end of April.

International equities continued to climb

International equities rose again in April, with the MSCI EAFE Index up 2.45% for the month, from 2,092.60 at the end of March to 2,143.85 at the April close. The index, which tracks developed-economy stocks in Europe, Asia, and Australia, was up 10.28% for the year.

Media contact: Callie Briese, 612-844-7340;

All information and representations herein are as of 05/05/2023, unless otherwise noted.

The views expressed are as of the date given, may change as market or other conditions change, and may differ from views expressed by other Thrivent Asset Management, LLC associates. Actual investment decisions made by Thrivent Asset Management, LLC will not necessarily reflect the views expressed. This information should not be considered investment advice or a recommendation of any particular security, strategy or product. Investment decisions should always be made based on an investor's specific financial needs, objectives, goals, time horizon, and risk tolerance.

Any indexes shown are unmanaged and do not reflect the typical costs of investing. Investors cannot invest directly in an index.

This article refers to specific securities which Thrivent Mutual Funds may own. A complete listing of the holdings for each of the Thrivent Mutual Funds is available on

Past performance is not necessarily indicative of future results.

Related insights

Market Update [VIDEO]


March 2024 Thrivent market & economic update [VIDEO]

March 2024 Thrivent market & economic update [VIDEO]

March 2024 Thrivent market & economic update [VIDEO]

Learn what the latest economic trends could mean for you. Thrivent investment leaders shared their perspectives on the health of the markets and economy, insights on inflation and interest rates and the current outlook for smaller companies across the U.S. at a live event March 19.

Learn what the latest economic trends could mean for you. Thrivent investment leaders shared their perspectives on the health of the markets and economy, insights on inflation and interest rates and the current outlook for smaller companies across the U.S. at a live event March 19.