EXEYX vs. TLGAX

Last updated Aug 1, 2026

EXEYX (Manning & Napier Equity Series) and TLGAX (Timothy Plan Large/Mid Cap Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, EXEYX returned 12.48%/yr vs 12.60%/yr for TLGAX. Their correlation of 0.88 means they have usually moved in the same direction. EXEYX charges 1.05%/yr vs 1.61%/yr for TLGAX.

Performance

EXEYX vs. TLGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manning & Napier Equity Series (EXEYX) and Timothy Plan Large/Mid Cap Growth Fund (TLGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXEYX achieves a 2.38% return, which is significantly lower than TLGAX's 12.61% return. Both investments have delivered pretty close results over the past 10 years, with EXEYX having a 12.48% annualized return and TLGAX not far ahead at 12.60%.

EXEYX

• 1D: 0.97%
• 1M: 0.14%
• 6M: 2.09%
• YTD: 2.38%
• 1Y: 8.04%
• 3Y*: 11.19%
• 5Y*: 6.46%
• 10Y*: 12.48%
• ALL TIME*: 9.33%

TLGAX

• 1D: 2.66%
• 1M: -4.48%
• 6M: 10.52%
• YTD: 12.61%
• 1Y: 16.78%
• 3Y*: 17.55%
• 5Y*: 10.61%
• 10Y*: 12.60%
• ALL TIME*: 5.34%

*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)
EXEYX Manning & Napier Equity Series	$0.00	$0.00	$0.00
TLGAX Timothy Plan Large/Mid Cap Growth Fund	$0.00	$0.00	$0.00

EXEYX vs. TLGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXEYX Manning & Napier Equity Series	2.38%	8.77%	15.87%	24.52%	-19.51%	25.41%	23.74%	33.64%	-3.94%	28.89%
TLGAX Timothy Plan Large/Mid Cap Growth Fund	12.61%	11.60%	22.24%	24.16%	-21.44%	29.00%	22.21%	30.73%	-11.48%	16.90%

Correlation

The correlation between EXEYX and TLGAX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Oct 25, 2000	0.88

Over the past year, the correlation between EXEYX and TLGAX has dropped to 0.67 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.

Return for Risk

EXEYX vs. TLGAX — Risk / Return Rank

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

EXEYX

EXEYX Risk / Return Rank: 10
EXEYX Sharpe Ratio Rank: 10
EXEYX Sortino Ratio Rank: 10
EXEYX Omega Ratio Rank: 10
EXEYX Calmar Ratio Rank: 8
EXEYX Martin Ratio Rank: 9

TLGAX

TLGAX Risk / Return Rank: 24
TLGAX Sharpe Ratio Rank: 20
TLGAX Sortino Ratio Rank: 20
TLGAX Omega Ratio Rank: 20
TLGAX Calmar Ratio Rank: 30
TLGAX Martin Ratio Rank: 32

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.

EXEYX vs. TLGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Manning & Napier Equity Series (EXEYX) and Timothy Plan Large/Mid Cap Growth Fund (TLGAX). 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.

	EXEYX	TLGAX	Difference
Sharpe ratio: Return per unit of total volatility	0.41	0.74	-0.33
Sortino ratio: Return per unit of downside risk	0.66	1.13	-0.47
Omega ratio: Gain probability vs. loss probability	1.08	1.14	-0.06
Calmar ratio: Return relative to maximum drawdown	0.36	1.34	-0.98
Martin ratio: Return relative to average drawdown	1.18	4.78	-3.60

EXEYX vs. TLGAX - Sharpe Ratio Comparison

The current EXEYX Sharpe Ratio is 0.41, which is lower than the TLGAX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of EXEYX and TLGAX, 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

EXEYX vs. TLGAX - Drawdown Comparison

The maximum EXEYX drawdown since its inception was -54.49%, smaller than the maximum TLGAX drawdown of -61.24%. Use the drawdown chart below to compare losses from any high point for EXEYX and TLGAX.

Drawdown Indicators

	EXEYX	TLGAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.49%	-61.24%	+6.75%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-10.60%	-5.80%
Max Drawdown (3Y) Largest decline over 3 years	-20.43%	-21.12%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-25.62%	-28.82%	+3.20%
Max Drawdown (10Y) Largest decline over 10 years	-32.30%	-35.72%	+3.42%
Current Drawdown Current decline from peak	-1.48%	-8.22%	+6.74%
Average Drawdown Average peak-to-trough decline	-7.83%	-18.76%	+10.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	2.97%	+2.03%

Volatility

EXEYX vs. TLGAX - Volatility Comparison

The current volatility for Manning & Napier Equity Series (EXEYX) is 3.69%, while Timothy Plan Large/Mid Cap Growth Fund (TLGAX) has a volatility of 6.48%. This indicates that EXEYX experiences smaller price fluctuations and is considered to be less risky than TLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXEYX	TLGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	6.48%	-2.79%
Volatility (6M) Calculated over the trailing 6-month period	11.04%	15.67%	-4.63%
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	19.12%	-4.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.02%	19.63%	-2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.88%	19.81%	-1.93%

EXEYX vs. TLGAX - Expense Ratio Comparison

EXEYX has a 1.05% expense ratio, which is lower than TLGAX's 1.61% expense ratio.

Dividends

EXEYX vs. TLGAX - Dividend Comparison

EXEYX's dividend yield for the trailing twelve months is around 11.00%, less than TLGAX's 11.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXEYX Manning & Napier Equity Series	11.00%	11.26%	11.88%	3.11%	13.28%	16.60%	8.31%	10.39%	20.49%	7.57%	4.98%	44.53%
TLGAX Timothy Plan Large/Mid Cap Growth Fund	11.18%	12.59%	6.98%	5.89%	10.34%	5.99%	1.69%	4.03%	5.81%	2.54%	1.21%	10.79%

Frequently Asked Questions

Can I hold both EXEYX and TLGAX in my portfolio?

EXEYX and TLGAX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EXEYX or TLGAX?

TLGAX has higher volatility (6.48%) compared to EXEYX (3.69%). In terms of maximum drawdown, EXEYX dropped -54.49% vs TLGAX's -61.24%.

Which has better risk-adjusted returns?

TLGAX currently has the higher Sharpe Ratio (0.74 vs 0.41), 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.