ISMD vs. TPHD

Last updated Jun 23, 2026

ISMD (Inspire Small/Mid Cap Impact ETF) and TPHD (Timothy Plan High Dividend Stock ETF) are both exchange-traded funds - ISMD is a Small Cap Blend Equities fund tracking the Inspire Small/Mid Cap Impact Equal Weight Index, while TPHD is a Mid Cap Value Equities fund tracking the Victory US Large Cap High Dividend Volatility Weighted BRI Index. Both are passively managed. Over the past 5 years, ISMD returned 8.71%/yr vs 9.54%/yr for TPHD. Their correlation of 0.81 suggests significant overlap in exposure. ISMD charges 0.57%/yr vs 0.52%/yr for TPHD.

Performance

ISMD vs. TPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Small/Mid Cap Impact ETF (ISMD) and Timothy Plan High Dividend Stock ETF (TPHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISMD achieves a 25.75% return, which is significantly higher than TPHD's 9.36% return.

ISMD

• 1D: 0.09%
• 1M: 4.88%
• YTD: 25.75%
• 6M: 23.26%
• 1Y: 41.83%
• 3Y*: 17.53%
• 5Y*: 8.71%
• 10Y*: —

TPHD

• 1D: 0.29%
• 1M: -0.01%
• YTD: 9.36%
• 6M: 8.85%
• 1Y: 14.04%
• 3Y*: 13.33%
• 5Y*: 9.54%
• 10Y*: —

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

ISMD vs. TPHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ISMD Inspire Small/Mid Cap Impact ETF	25.75%	4.14%	9.53%	16.74%	-13.44%	29.38%	7.45%	4.11%
TPHD Timothy Plan High Dividend Stock ETF	9.36%	8.28%	12.14%	8.86%	-1.91%	27.98%	-1.30%	9.57%

Correlation

The correlation between ISMD and TPHD is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since May 1, 2019	0.81

The correlation between ISMD and TPHD shifts across timeframes, from 0.66 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

ISMD vs. TPHD - Sectors Allocation Comparison

Sectors	ISMD	TPHD
Technology	17.6%	9.7%
Industrials	16.7%	18.0%
Financial Services	15.0%	12.8%
Consumer Cyclical	11.0%	8.8%
Healthcare	10.4%	2.4%
Real Estate	8.1%	0.0%
Consumer Defensive	5.3%	4.2%
Basic Materials	4.8%	5.6%
Energy	3.7%	14.9%
Utilities	3.1%	23.5%
Communication Services	2.8%	0.0%

Return for Risk

ISMD vs. TPHD — Risk / Return Rank

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

ISMD

ISMD Risk / Return Rank: 74
ISMD Sharpe Ratio Rank: 73
ISMD Sortino Ratio Rank: 72
ISMD Omega Ratio Rank: 65
ISMD Calmar Ratio Rank: 84
ISMD Martin Ratio Rank: 75

TPHD

TPHD Risk / Return Rank: 41
TPHD Sharpe Ratio Rank: 38
TPHD Sortino Ratio Rank: 40
TPHD Omega Ratio Rank: 36
TPHD Calmar Ratio Rank: 48
TPHD Martin Ratio Rank: 41

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.

ISMD vs. TPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Small/Mid Cap Impact ETF (ISMD) and Timothy Plan High Dividend Stock ETF (TPHD). 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.

	ISMD	TPHD	Difference
Sharpe ratio: Return per unit of total volatility	2.24	1.33	+0.91
Sortino ratio: Return per unit of downside risk	3.11	1.99	+1.12
Omega ratio: Gain probability vs. loss probability	1.38	1.23	+0.14
Calmar ratio: Return relative to maximum drawdown	4.36	2.32	+2.04
Martin ratio: Return relative to average drawdown	13.71	6.41	+7.30

ISMD vs. TPHD - Sharpe Ratio Comparison

The current ISMD Sharpe Ratio is 2.24, which is higher than the TPHD Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of ISMD and TPHD, 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

ISMD vs. TPHD - Drawdown Comparison

The maximum ISMD drawdown since its inception was -44.60%, which is greater than TPHD's maximum drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for ISMD and TPHD.

Drawdown Indicators

	ISMD	TPHD	Difference
Max Drawdown Largest peak-to-trough decline	-44.60%	-41.71%	-2.89%
Max Drawdown (1Y) Largest decline over 1 year	-9.64%	-6.08%	-3.56%
Max Drawdown (3Y) Largest decline over 3 years	-26.64%	-15.89%	-10.75%
Max Drawdown (5Y) Largest decline over 5 years	-26.64%	-16.54%	-10.10%
Current Drawdown Current decline from peak	-0.17%	-2.54%	+2.37%
Average Drawdown Average peak-to-trough decline	-8.13%	-4.71%	-3.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	2.20%	+0.86%

Volatility

ISMD vs. TPHD - Volatility Comparison

Inspire Small/Mid Cap Impact ETF (ISMD) has a higher volatility of 5.62% compared to Timothy Plan High Dividend Stock ETF (TPHD) at 3.01%. This indicates that ISMD's price experiences larger fluctuations and is considered to be riskier than TPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISMD	TPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	3.01%	+2.61%
Volatility (6M) Calculated over the trailing 6-month period	13.04%	7.43%	+5.61%
Volatility (1Y) Calculated over the trailing 1-year period	18.79%	10.65%	+8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.88%	14.59%	+6.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.72%	19.58%	+4.14%

ISMD vs. TPHD - Expense Ratio Comparison

ISMD has a 0.57% expense ratio, which is higher than TPHD's 0.52% expense ratio.

Dividends

ISMD vs. TPHD - Dividend Comparison

ISMD's dividend yield for the trailing twelve months is around 0.92%, less than TPHD's 2.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISMD Inspire Small/Mid Cap Impact ETF	0.92%	1.21%	1.24%	1.17%	1.28%	9.35%	0.99%	0.88%	1.35%	2.02%
TPHD Timothy Plan High Dividend Stock ETF	2.01%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ISMD and TPHD in my portfolio?

ISMD and TPHD have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISMD or TPHD?

ISMD has higher volatility (5.62%) compared to TPHD (3.01%). In terms of maximum drawdown, ISMD dropped -44.60% vs TPHD's -41.71%.

Which ETF is better, ISMD or TPHD?

On 5-year performance, TPHD leads with 9.54% vs 8.71% for ISMD. On fees, TPHD is cheaper at 0.52% per year. On volatility, TPHD has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ISMD or TPHD?

Over the 5-year period, TPHD has performed better with a 9.54% return vs 8.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ISMD or TPHD?

TPHD is cheaper with a 0.52% expense ratio, compared with 0.57% for ISMD.

Which ETF pays a higher dividend yield, ISMD or TPHD?

TPHD has the higher dividend yield at 2.01%, compared with 0.92% for ISMD.

What is the main difference between ISMD and TPHD?

ISMD is categorized as Small Cap Blend Equities, while TPHD is Mid Cap Value Equities. ISMD tracks Inspire Small/Mid Cap Impact Equal Weight Index, while TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index. They also come from different issuers: Inspire and Timothy Plan. Their fees differ too: 0.57% for ISMD and 0.52% for TPHD.

Which has better risk-adjusted returns?

ISMD currently has the higher Sharpe Ratio (2.24 vs 1.33), 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.