AABFX vs. TPDAX

Last updated Aug 5, 2026

AABFX (Thrivent Balanced Income Plus Fund) and TPDAX (Timothy Plan Defensive Strategies Fund) are both Diversified Portfolio funds. Over the past 10 years, AABFX returned 6.48%/yr vs 6.47%/yr for TPDAX. Their 0.67 correlation means they have sometimes moved together and sometimes differently. AABFX charges 1.00%/yr vs 1.37%/yr for TPDAX.

Performance

AABFX vs. TPDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Balanced Income Plus Fund (AABFX) and Timothy Plan Defensive Strategies Fund (TPDAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AABFX achieves a 5.50% return, which is significantly lower than TPDAX's 7.54% return. Both investments have delivered pretty close results over the past 10 years, with AABFX having a 6.48% annualized return and TPDAX not far behind at 6.47%.

AABFX

• 1D: 0.61%
• 1M: 0.20%
• 6M: 3.83%
• YTD: 5.50%
• 1Y: 11.16%
• 3Y*: 10.98%
• 5Y*: 5.18%
• 10Y*: 6.48%
• ALL TIME*: 4.92%

TPDAX

• 1D: -0.11%
• 1M: 0.55%
• 6M: -0.82%
• YTD: 7.54%
• 1Y: 20.25%
• 3Y*: 13.32%
• 5Y*: 8.11%
• 10Y*: 6.47%
• ALL TIME*: 5.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AABFX Thrivent Balanced Income Plus Fund	$0.00	$0.00	$0.00
TPDAX Timothy Plan Defensive Strategies Fund	$0.00	$0.00	$0.00

AABFX vs. TPDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AABFX Thrivent Balanced Income Plus Fund	5.50%	12.23%	10.08%	12.04%	-13.93%	11.83%	8.69%	16.65%	-5.09%	10.06%
TPDAX Timothy Plan Defensive Strategies Fund	7.54%	23.97%	5.29%	7.71%	-5.63%	12.15%	8.83%	13.77%	-7.24%	4.14%

Correlation

The correlation between AABFX and TPDAX is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (10Y) Provides a long-term view across more market conditions.	0.63
Correlation (All Time) Calculated using the full available price history since Nov 5, 2009	0.67

The correlation between AABFX and TPDAX shifts across timeframes, from 0.47 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AABFX vs. TPDAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AABFX

AABFX Risk / Return Rank: 66
AABFX Sharpe Ratio Rank: 65
AABFX Sortino Ratio Rank: 66
AABFX Omega Ratio Rank: 65
AABFX Calmar Ratio Rank: 63
AABFX Martin Ratio Rank: 73

TPDAX

TPDAX Risk / Return Rank: 62
TPDAX Sharpe Ratio Rank: 71
TPDAX Sortino Ratio Rank: 59
TPDAX Omega Ratio Rank: 68
TPDAX Calmar Ratio Rank: 73
TPDAX Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AABFX vs. TPDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Balanced Income Plus Fund (AABFX) and Timothy Plan Defensive Strategies Fund (TPDAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AABFX	TPDAX	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.80	-0.08
Sortino ratio: Return per unit of downside risk	2.48	2.35	+0.13
Omega ratio: Gain probability vs. loss probability	1.32	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	2.34	2.58	-0.25
Martin ratio: Return relative to average drawdown	9.83	6.15	+3.69

AABFX vs. TPDAX - Sharpe Ratio Comparison

The current AABFX Sharpe Ratio is 1.72, which is comparable to the TPDAX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of AABFX and TPDAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AABFX vs. TPDAX - Drawdown Comparison

The maximum AABFX drawdown since its inception was -43.44%, which is greater than TPDAX's maximum drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for AABFX and TPDAX.

Drawdown Indicators

	AABFX	TPDAX	Difference
Max Drawdown Largest peak-to-trough decline	-43.44%	-22.29%	-21.15%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	-8.09%	+2.96%
Max Drawdown (3Y) Largest decline over 3 years	-7.04%	-8.09%	+1.05%
Max Drawdown (5Y) Largest decline over 5 years	-21.56%	-17.58%	-3.98%
Max Drawdown (10Y) Largest decline over 10 years	-27.40%	-22.29%	-5.11%
Current Drawdown Current decline from peak	-0.32%	-6.51%	+6.19%
Average Drawdown Average peak-to-trough decline	-5.61%	-4.93%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	3.39%	-2.17%

Volatility

AABFX vs. TPDAX - Volatility Comparison

Thrivent Balanced Income Plus Fund (AABFX) and Timothy Plan Defensive Strategies Fund (TPDAX) have volatilities of 2.10% and 2.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AABFX	TPDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.10%	2.15%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	5.84%	8.74%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	6.97%	11.61%	-4.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.61%	10.25%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.30%	9.95%	-0.65%

AABFX vs. TPDAX - Expense Ratio Comparison

AABFX has a 1.00% expense ratio, which is lower than TPDAX's 1.37% expense ratio.

Dividends

AABFX vs. TPDAX - Dividend Comparison

AABFX's dividend yield for the trailing twelve months is around 7.07%, more than TPDAX's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AABFX Thrivent Balanced Income Plus Fund	7.07%	7.25%	6.43%	2.97%	2.26%	6.99%	2.03%	2.37%	9.70%	2.04%	2.37%	1.90%
TPDAX Timothy Plan Defensive Strategies Fund	0.74%	0.80%	2.76%	2.35%	4.48%	0.50%	0.00%	2.89%	2.69%	0.13%	0.33%	0.00%

Frequently Asked Questions

Can I hold both AABFX and TPDAX in my portfolio?

AABFX and TPDAX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AABFX or TPDAX?

TPDAX has higher volatility (2.15%) compared to AABFX (2.10%). In terms of maximum drawdown, AABFX dropped -43.44% vs TPDAX's -22.29%.

Which has better risk-adjusted returns?

TPDAX currently has the higher Sharpe Ratio (1.80 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.