BKMC vs. TPLC

Last updated Jun 24, 2026

BKMC (BNY Mellon US Mid Cap Core Equity ETF) and TPLC (Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund) are both Mid Cap Growth Equities funds - BKMC tracks the Morningstar US Mid Cap Index while TPLC tracks the Victory U.S. Large Cap Volatility Weighted BRI Index. Both are passively managed. Over the past 5 years, BKMC returned 7.82%/yr vs 8.34%/yr for TPLC. Their correlation of 0.94 suggests significant overlap in exposure. BKMC charges 0.04%/yr vs 0.52%/yr for TPLC.

Performance

BKMC vs. TPLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Mid Cap Core Equity ETF (BKMC) and Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKMC achieves a 11.34% return, which is significantly higher than TPLC's 9.20% return.

BKMC

• 1D: -0.86%
• 1M: 1.78%
• YTD: 11.34%
• 6M: 9.13%
• 1Y: 21.96%
• 3Y*: 15.64%
• 5Y*: 7.82%
• 10Y*: —

TPLC

• 1D: -0.50%
• 1M: 1.50%
• YTD: 9.20%
• 6M: 7.86%
• 1Y: 12.87%
• 3Y*: 13.44%
• 5Y*: 8.34%
• 10Y*: —

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

BKMC vs. TPLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKMC BNY Mellon US Mid Cap Core Equity ETF	11.34%	8.74%	13.78%	17.50%	-16.03%	23.83%	46.18%
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	9.20%	7.08%	13.10%	15.17%	-12.58%	26.34%	40.40%

Correlation

The correlation between BKMC and TPLC is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020	0.94

The correlation between BKMC and TPLC has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

BKMC vs. TPLC - Sectors Allocation Comparison

Sectors	BKMC	TPLC
Industrials	22.7%	22.6%
Technology	16.6%	19.0%
Financial Services	12.7%	11.6%
Healthcare	11.7%	9.5%
Consumer Cyclical	10.2%	8.6%
Real Estate	8.2%	0.2%
Basic Materials	4.9%	6.0%
Consumer Defensive	3.7%	3.6%
Communication Services	3.6%	0.3%
Energy	3.3%	7.6%
Utilities	2.4%	11.0%

Return for Risk

BKMC vs. TPLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKMC

BKMC Risk / Return Rank: 46
BKMC Sharpe Ratio Rank: 43
BKMC Sortino Ratio Rank: 44
BKMC Omega Ratio Rank: 40
BKMC Calmar Ratio Rank: 49
BKMC Martin Ratio Rank: 53

TPLC

TPLC Risk / Return Rank: 34
TPLC Sharpe Ratio Rank: 32
TPLC Sortino Ratio Rank: 32
TPLC Omega Ratio Rank: 29
TPLC Calmar Ratio Rank: 36
TPLC Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKMC vs. TPLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Mid Cap Core Equity ETF (BKMC) and Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC). 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.

	BKMC	TPLC	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.10	+0.33
Sortino ratio: Return per unit of downside risk	2.11	1.64	+0.47
Omega ratio: Gain probability vs. loss probability	1.25	1.19	+0.06
Calmar ratio: Return relative to maximum drawdown	2.25	1.70	+0.54
Martin ratio: Return relative to average drawdown	8.61	6.05	+2.55

BKMC vs. TPLC - Sharpe Ratio Comparison

The current BKMC Sharpe Ratio is 1.43, which is comparable to the TPLC Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of BKMC and TPLC, 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

BKMC vs. TPLC - Drawdown Comparison

The maximum BKMC drawdown since its inception was -25.02%, smaller than the maximum TPLC drawdown of -38.02%. Use the drawdown chart below to compare losses from any high point for BKMC and TPLC.

Drawdown Indicators

	BKMC	TPLC	Difference
Max Drawdown Largest peak-to-trough decline	-25.02%	-38.02%	+13.00%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-7.58%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-23.68%	-18.18%	-5.50%
Max Drawdown (5Y) Largest decline over 5 years	-25.02%	-21.63%	-3.39%
Current Drawdown Current decline from peak	-1.30%	-1.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-6.50%	-5.26%	-1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.13%	+0.43%

Volatility

BKMC vs. TPLC - Volatility Comparison

BNY Mellon US Mid Cap Core Equity ETF (BKMC) has a higher volatility of 4.66% compared to Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) at 3.45%. This indicates that BKMC's price experiences larger fluctuations and is considered to be riskier than TPLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKMC	TPLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.66%	3.45%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	11.45%	8.72%	+2.73%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	11.75%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.84%	16.16%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.15%	19.85%	-0.70%

BKMC vs. TPLC - Expense Ratio Comparison

BKMC has a 0.04% expense ratio, which is lower than TPLC's 0.52% expense ratio.

Dividends

BKMC vs. TPLC - Dividend Comparison

BKMC's dividend yield for the trailing twelve months is around 1.38%, more than TPLC's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BKMC BNY Mellon US Mid Cap Core Equity ETF	1.38%	1.35%	1.54%	1.38%	1.63%	1.15%	0.86%	0.00%
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	0.85%	0.89%	0.88%	0.89%	1.06%	0.61%	0.81%	0.67%

Frequently Asked Questions

Can I hold both BKMC and TPLC in my portfolio?

With a correlation of 0.92, BKMC and TPLC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BKMC or TPLC?

BKMC has higher volatility (4.66%) compared to TPLC (3.45%). In terms of maximum drawdown, BKMC dropped -25.02% vs TPLC's -38.02%.

Which ETF is better, BKMC or TPLC?

On 5-year performance, TPLC leads with 8.34% vs 7.82% for BKMC. On fees, BKMC is cheaper at 0.04% per year. On volatility, TPLC has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKMC or TPLC?

Over the 5-year period, TPLC has performed better with a 8.34% return vs 7.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKMC or TPLC?

BKMC is cheaper with a 0.04% expense ratio, compared with 0.52% for TPLC.

Which ETF pays a higher dividend yield, BKMC or TPLC?

BKMC has the higher dividend yield at 1.38%, compared with 0.85% for TPLC.

What is the main difference between BKMC and TPLC?

BKMC tracks Morningstar US Mid Cap Index, while TPLC tracks Victory U.S. Large Cap Volatility Weighted BRI Index. They also come from different issuers: BNY Mellon and Timothy Plan. Their fees differ too: 0.04% for BKMC and 0.52% for TPLC.

Which has better risk-adjusted returns?

BKMC currently has the higher Sharpe Ratio (1.43 vs 1.10), 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.