TIGIX vs. TSGAX

Last updated Jun 3, 2026

TIGIX (Timothy Plan Growth & Income Fund) and TSGAX (Timothy Plan Strategic Growth Fund) are both Diversified Portfolio funds from Timothy Plan. Over the past 10 years, TIGIX returned 3.20%/yr vs 5.50%/yr for TSGAX. Their correlation of 0.86 suggests significant overlap in exposure. TIGIX charges 1.02%/yr vs 1.09%/yr for TSGAX.

Performance

TIGIX vs. TSGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Growth & Income Fund (TIGIX) and Timothy Plan Strategic Growth Fund (TSGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIGIX achieves a 3.83% return, which is significantly lower than TSGAX's 6.77% return. Over the past 10 years, TIGIX has underperformed TSGAX with an annualized return of 3.20%, while TSGAX has yielded a comparatively higher 5.50% annualized return.

TIGIX

• 1D: -0.26%
• 1M: -1.55%
• YTD: 3.83%
• 6M: 3.95%
• 1Y: 8.48%
• 3Y*: 5.59%
• 5Y*: 1.88%
• 10Y*: 3.20%

TSGAX

• 1D: 0.00%
• 1M: 0.71%
• YTD: 6.77%
• 6M: 7.60%
• 1Y: 14.23%
• 3Y*: 10.44%
• 5Y*: 4.04%
• 10Y*: 5.50%

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

TIGIX vs. TSGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TIGIX Timothy Plan Growth & Income Fund	3.83%	6.33%	4.19%	1.63%	-9.93%	15.90%	1.47%	14.11%	-11.79%	6.60%
TSGAX Timothy Plan Strategic Growth Fund	6.77%	12.94%	6.01%	7.66%	-13.69%	11.67%	8.13%	18.84%	-12.29%	11.54%

Correlation

The correlation between TIGIX and TSGAX is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Oct 4, 2013	0.86

The correlation between TIGIX and TSGAX has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.

Return for Risk

TIGIX vs. TSGAX — Risk / Return Rank

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

TIGIX

TIGIX Risk / Return Rank: 24
TIGIX Sharpe Ratio Rank: 24
TIGIX Sortino Ratio Rank: 25
TIGIX Omega Ratio Rank: 23
TIGIX Calmar Ratio Rank: 27
TIGIX Martin Ratio Rank: 23

TSGAX

TSGAX Risk / Return Rank: 33
TSGAX Sharpe Ratio Rank: 31
TSGAX Sortino Ratio Rank: 32
TSGAX Omega Ratio Rank: 30
TSGAX Calmar Ratio Rank: 32
TSGAX Martin Ratio Rank: 38

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.

TIGIX vs. TSGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Growth & Income Fund (TIGIX) and Timothy Plan Strategic Growth Fund (TSGAX). 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.

	TIGIX	TSGAX	Difference
Sharpe ratio Return per unit of total volatility	1.39	1.61	-0.22
Sortino ratio Return per unit of downside risk	2.10	2.36	-0.26
Omega ratio Gain probability vs. loss probability	1.25	1.29	-0.04
Calmar ratio Return relative to maximum drawdown	1.94	2.14	-0.20
Martin ratio Return relative to average drawdown	5.90	8.29	-2.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIGIX vs. TSGAX - Sharpe Ratio Comparison

The current TIGIX Sharpe Ratio is 1.39, which is comparable to the TSGAX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of TIGIX and TSGAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TIGIX	TSGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	1.61	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.40	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.49	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.19	+0.14

Drawdowns

TIGIX vs. TSGAX - Drawdown Comparison

The maximum TIGIX drawdown since its inception was -25.03%, smaller than the maximum TSGAX drawdown of -54.36%. Use the drawdown chart below to compare losses from any high point for TIGIX and TSGAX.

Drawdown Indicators

	TIGIX	TSGAX	Difference
Max Drawdown Largest peak-to-trough decline	-25.03%	-54.36%	+29.33%
Max Drawdown (1Y) Largest decline over 1 year	-4.37%	-6.75%	+2.38%
Max Drawdown (3Y) Largest decline over 3 years	-8.59%	-10.10%	+1.51%
Max Drawdown (5Y) Largest decline over 5 years	-15.37%	-19.78%	+4.41%
Max Drawdown (10Y) Largest decline over 10 years	-25.03%	-27.47%	+2.44%
Current Drawdown Current decline from peak	-2.98%	-0.35%	-2.63%
Average Drawdown Average peak-to-trough decline	-4.58%	-11.66%	+7.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	1.75%	-0.31%

Volatility

TIGIX vs. TSGAX - Volatility Comparison

The current volatility for Timothy Plan Growth & Income Fund (TIGIX) is 1.71%, while Timothy Plan Strategic Growth Fund (TSGAX) has a volatility of 2.73%. This indicates that TIGIX experiences smaller price fluctuations and is considered to be less risky than TSGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIGIX	TSGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.71%	2.73%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	4.49%	7.02%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	6.13%	9.11%	-2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.30%	10.19%	-1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.66%	11.33%	-1.67%

TIGIX vs. TSGAX - Expense Ratio Comparison

TIGIX has a 1.02% expense ratio, which is lower than TSGAX's 1.09% expense ratio.

Dividends

TIGIX vs. TSGAX - Dividend Comparison

TIGIX's dividend yield for the trailing twelve months is around 1.89%, more than TSGAX's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TIGIX Timothy Plan Growth & Income Fund	1.89%	1.89%	2.04%	2.34%	7.81%	1.80%	1.26%	0.65%	2.16%	2.62%	0.30%	0.15%
TSGAX Timothy Plan Strategic Growth Fund	1.09%	1.17%	3.33%	1.57%	7.33%	4.70%	3.40%	3.72%	0.36%	0.00%	0.00%	0.34%

Frequently Asked Questions

Can I hold both TIGIX and TSGAX in my portfolio?

TIGIX and TSGAX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIGIX or TSGAX?

TSGAX has higher volatility (2.73%) compared to TIGIX (1.71%). In terms of maximum drawdown, TIGIX dropped -25.03% vs TSGAX's -54.36%.

Which has better risk-adjusted returns?

TSGAX currently has the higher Sharpe Ratio (1.61 vs 1.39), 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.