JMID vs. TPLC

Last updated Aug 2, 2026

JMID (Janus Henderson Mid Cap Growth Alpha ETF) and TPLC (Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund) are both Mid Cap Growth Equities funds. JMID is actively managed, while TPLC is passively managed. Over the past year, JMID returned 5.24% vs 13.26% for TPLC. Their correlation of 0.81 means they have usually moved in the same direction. JMID charges 0.30%/yr vs 0.52%/yr for TPLC.

Performance

JMID vs. TPLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Mid Cap Growth Alpha ETF (JMID) 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, JMID achieves a 5.15% return, which is significantly lower than TPLC's 11.20% return.

JMID

• 1D: -0.18%
• 1M: -2.07%
• 6M: 4.27%
• YTD: 5.15%
• 1Y: 5.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.02%

TPLC

• 1D: 0.16%
• 1M: -0.50%
• 6M: 7.18%
• YTD: 11.20%
• 1Y: 13.26%
• 3Y*: 11.85%
• 5Y*: 7.98%
• 10Y*: —
• ALL TIME*: 10.96%

*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)
JMID Janus Henderson Mid Cap Growth Alpha ETF	$336.38K	$182.76K	$184.11K
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	$634.79K	$704.66K	$1.85M

JMID vs. TPLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JMID Janus Henderson Mid Cap Growth Alpha ETF	5.15%	5.56%	11.33%
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	11.20%	7.08%	-0.47%

Correlation

The correlation between JMID and TPLC is 0.77, 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.	0.77
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	0.81

The correlation between JMID and TPLC has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.

JMID vs. TPLC - Sectors Allocation Comparison

Sectors	JMID	TPLC
Technology	34.2%	18.6%
Industrials	19.2%	23.4%
Consumer Cyclical	14.4%	8.8%
Healthcare	11.7%	9.6%
Financial Services	6.7%	11.5%
Communication Services	4.8%	0.2%
Basic Materials	2.4%	5.7%
Real Estate	2.1%	0.2%
Energy	1.8%	7.2%
Utilities	1.5%	11.2%
Consumer Defensive	1.1%	3.6%

Return for Risk

JMID vs. TPLC — Risk / Return Rank

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

JMID

JMID Risk / Return Rank: 16
JMID Sharpe Ratio Rank: 16
JMID Sortino Ratio Rank: 16
JMID Omega Ratio Rank: 15
JMID Calmar Ratio Rank: 17
JMID Martin Ratio Rank: 18

TPLC

TPLC Risk / Return Rank: 43
TPLC Sharpe Ratio Rank: 42
TPLC Sortino Ratio Rank: 42
TPLC Omega Ratio Rank: 39
TPLC Calmar Ratio Rank: 44
TPLC Martin Ratio Rank: 50

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.

JMID vs. TPLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Mid Cap Growth Alpha ETF (JMID) 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.

	JMID	TPLC	Difference
Sharpe ratio: Return per unit of total volatility	0.22	1.04	-0.82
Sortino ratio: Return per unit of downside risk	0.44	1.56	-1.12
Omega ratio: Gain probability vs. loss probability	1.05	1.18	-0.13
Calmar ratio: Return relative to maximum drawdown	0.35	1.59	-1.24
Martin ratio: Return relative to average drawdown	1.07	5.75	-4.69

JMID vs. TPLC - Sharpe Ratio Comparison

The current JMID Sharpe Ratio is 0.22, which is lower than the TPLC Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of JMID 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

JMID vs. TPLC - Drawdown Comparison

The maximum JMID drawdown since its inception was -25.58%, smaller than the maximum TPLC drawdown of -38.02%. Use the drawdown chart below to compare losses from any high point for JMID and TPLC.

Drawdown Indicators

	JMID	TPLC	Difference
Max Drawdown Largest peak-to-trough decline	-25.58%	-38.02%	+12.44%
Max Drawdown (1Y) Largest decline over 1 year	-10.82%	-7.58%	-3.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.63%	—
Current Drawdown Current decline from peak	-5.07%	-1.31%	-3.76%
Average Drawdown Average peak-to-trough decline	-4.49%	-5.20%	+0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.09%	+1.46%

Volatility

JMID vs. TPLC - Volatility Comparison

Janus Henderson Mid Cap Growth Alpha ETF (JMID) has a higher volatility of 4.36% compared to Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) at 2.63%. This indicates that JMID'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

	JMID	TPLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	2.63%	+1.73%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	8.37%	+5.32%
Volatility (1Y) Calculated over the trailing 1-year period	17.16%	11.58%	+5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.25%	16.12%	+5.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	19.73%	+1.52%

JMID vs. TPLC - Expense Ratio Comparison

JMID has a 0.30% expense ratio, which is lower than TPLC's 0.52% expense ratio.

Dividends

JMID vs. TPLC - Dividend Comparison

JMID's dividend yield for the trailing twelve months is around 0.58%, less than TPLC's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
JMID Janus Henderson Mid Cap Growth Alpha ETF	0.58%	0.75%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	0.83%	0.89%	0.88%	0.89%	1.06%	0.61%	0.81%	0.67%

Frequently Asked Questions

Can I hold both JMID and TPLC in my portfolio?

JMID and TPLC have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JMID or TPLC?

JMID has higher volatility (4.36%) compared to TPLC (2.63%). In terms of maximum drawdown, JMID dropped -25.58% vs TPLC's -38.02%.

Which ETF is better, JMID or TPLC?

On 1-year performance, TPLC leads with 13.26% vs 5.24% for JMID. On fees, JMID is cheaper at 0.30% per year. On volatility, TPLC has been the lower-risk option at 2.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JMID or TPLC?

Over the 1-year period, TPLC has performed better with a 13.26% return vs 5.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JMID or TPLC?

JMID is cheaper with a 0.30% expense ratio, compared with 0.52% for TPLC.

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

TPLC has the higher dividend yield at 0.83%, compared with 0.58% for JMID.

What is the main difference between JMID and TPLC?

They also come from different issuers: Janus Henderson and Timothy Plan. Their fees differ too: 0.30% for JMID and 0.52% for TPLC.

Which has better risk-adjusted returns?

TPLC currently has the higher Sharpe Ratio (1.04 vs 0.22), 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.