FTCIX vs. TPDAX

Last updated Aug 1, 2026

FTCIX (Franklin Conservative Allocation Fund) and TPDAX (Timothy Plan Defensive Strategies Fund) are both Diversified Portfolio funds. Over the past 10 years, FTCIX returned 6.72%/yr vs 6.51%/yr for TPDAX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. FTCIX charges 0.63%/yr vs 1.37%/yr for TPDAX.

Performance

FTCIX vs. TPDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Conservative Allocation Fund (FTCIX) 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, FTCIX achieves a 4.18% return, which is significantly lower than TPDAX's 8.31% return. Both investments have delivered pretty close results over the past 10 years, with FTCIX having a 6.72% annualized return and TPDAX not far behind at 6.51%.

FTCIX

• 1D: 1.01%
• 1M: -0.60%
• 6M: 2.71%
• YTD: 4.18%
• 1Y: 10.27%
• 3Y*: 9.42%
• 5Y*: 3.98%
• 10Y*: 6.72%
• ALL TIME*: 5.83%

TPDAX

• 1D: 0.33%
• 1M: 1.27%
• 6M: 0.82%
• YTD: 8.31%
• 1Y: 21.66%
• 3Y*: 13.22%
• 5Y*: 8.17%
• 10Y*: 6.51%
• ALL TIME*: 5.50%

*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)
FTCIX Franklin Conservative Allocation Fund	$0.00	$0.00	$0.00
TPDAX Timothy Plan Defensive Strategies Fund	$0.00	$0.00	$0.00

FTCIX vs. TPDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTCIX Franklin Conservative Allocation Fund	4.18%	12.17%	8.05%	11.38%	-15.20%	8.18%	22.41%	13.24%	-3.44%	9.81%
TPDAX Timothy Plan Defensive Strategies Fund	8.31%	23.97%	5.29%	7.71%	-5.63%	12.15%	8.83%	13.77%	-7.24%	4.14%

Correlation

The correlation between FTCIX and TPDAX is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.51
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (10Y) Provides a long-term view across more market conditions.	0.60
Correlation (All Time) Calculated using the full available price history since Nov 5, 2009	0.66

Over the past year, the correlation between FTCIX and TPDAX has dropped to 0.45 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

Return for Risk

FTCIX vs. TPDAX — Risk / Return Rank

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

FTCIX

FTCIX Risk / Return Rank: 56
FTCIX Sharpe Ratio Rank: 56
FTCIX Sortino Ratio Rank: 56
FTCIX Omega Ratio Rank: 56
FTCIX Calmar Ratio Rank: 49
FTCIX Martin Ratio Rank: 63

TPDAX

TPDAX Risk / Return Rank: 72
TPDAX Sharpe Ratio Rank: 80
TPDAX Sortino Ratio Rank: 73
TPDAX Omega Ratio Rank: 78
TPDAX Calmar Ratio Rank: 82
TPDAX Martin Ratio Rank: 47

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.

FTCIX vs. TPDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Conservative Allocation Fund (FTCIX) 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.

	FTCIX	TPDAX	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.89	-0.42
Sortino ratio: Return per unit of downside risk	2.12	2.45	-0.33
Omega ratio: Gain probability vs. loss probability	1.27	1.35	-0.07
Calmar ratio: Return relative to maximum drawdown	1.92	2.71	-0.79
Martin ratio: Return relative to average drawdown	8.25	6.54	+1.70

FTCIX vs. TPDAX - Sharpe Ratio Comparison

The current FTCIX Sharpe Ratio is 1.47, which is comparable to the TPDAX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of FTCIX 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

FTCIX vs. TPDAX - Drawdown Comparison

The maximum FTCIX drawdown since its inception was -25.18%, which is greater than TPDAX's maximum drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for FTCIX and TPDAX.

Drawdown Indicators

	FTCIX	TPDAX	Difference
Max Drawdown Largest peak-to-trough decline	-25.18%	-22.29%	-2.89%
Max Drawdown (1Y) Largest decline over 1 year	-5.22%	-8.09%	+2.87%
Max Drawdown (3Y) Largest decline over 3 years	-7.64%	-8.09%	+0.45%
Max Drawdown (5Y) Largest decline over 5 years	-25.18%	-17.58%	-7.60%
Max Drawdown (10Y) Largest decline over 10 years	-25.18%	-22.29%	-2.89%
Current Drawdown Current decline from peak	-1.06%	-5.84%	+4.78%
Average Drawdown Average peak-to-trough decline	-4.29%	-4.93%	+0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	3.34%	-2.13%

Volatility

FTCIX vs. TPDAX - Volatility Comparison

The current volatility for Franklin Conservative Allocation Fund (FTCIX) is 2.10%, while Timothy Plan Defensive Strategies Fund (TPDAX) has a volatility of 2.27%. This indicates that FTCIX experiences smaller price fluctuations and is considered to be less risky than TPDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTCIX	TPDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.10%	2.27%	-0.17%
Volatility (6M) Calculated over the trailing 6-month period	5.72%	9.53%	-3.81%
Volatility (1Y) Calculated over the trailing 1-year period	6.80%	11.64%	-4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.24%	10.25%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.05%	9.95%	-0.90%

FTCIX vs. TPDAX - Expense Ratio Comparison

FTCIX has a 0.63% expense ratio, which is lower than TPDAX's 1.37% expense ratio.

Dividends

FTCIX vs. TPDAX - Dividend Comparison

FTCIX's dividend yield for the trailing twelve months is around 6.57%, more than TPDAX's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCIX Franklin Conservative Allocation Fund	6.57%	5.99%	2.52%	2.40%	3.73%	8.58%	13.27%	7.14%	7.71%	1.51%	1.76%	4.93%
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 FTCIX and TPDAX in my portfolio?

FTCIX and TPDAX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTCIX or TPDAX?

TPDAX has higher volatility (2.27%) compared to FTCIX (2.10%). In terms of maximum drawdown, FTCIX dropped -25.18% vs TPDAX's -22.29%.

Which has better risk-adjusted returns?

TPDAX currently has the higher Sharpe Ratio (1.89 vs 1.47), 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.