Thrivent Small-Mid Cap Equity ETF

Thrivent Small-Mid Cap Equity ETF is an actively managed exchange-traded fund focused on equity securities of small- and mid-sized companies. The fund seeks exposure to businesses that operate across growth and value segments, with portfolio construction centered on companies the manager views as having durable business models and long-term upside potential. It uses a non-transparent ETF structure, which means its full holdings are not disclosed daily, and it is designed to provide diversified access to a broad set of U.S. market opportunities. Thrivent Small-Mid Cap Equity ETF serves investors looking for a dedicated small- and mid-cap allocation within a single fund, offering a market segment that often includes established but still expanding companies across sectors such as industrials, technology, healthcare, and financials. As part of Thrivent’s ETF lineup, it plays a role in delivering focused U.S. equity exposure with active management and broad diversification.