TLVAX vs. ATGAX

Last updated Jun 5, 2026

TLVAX (Timothy Plan Large/Mid Cap Value Fund) and ATGAX (Aquila Opportunity Growth Fund) are both Mid Cap Blend Equities funds. At a 0.40 correlation, their price movements are largely independent. TLVAX charges 1.58%/yr vs 1.50%/yr for ATGAX.

Performance

TLVAX vs. ATGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Large/Mid Cap Value Fund (TLVAX) and Aquila Opportunity Growth Fund (ATGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLVAX

• 1D: -0.04%
• 1M: 0.25%
• YTD: 8.99%
• 6M: 7.41%
• 1Y: 11.59%
• 3Y*: 15.36%
• 5Y*: 9.90%
• 10Y*: 11.17%

ATGAX

• 1D: -0.36%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TLVAX vs. ATGAX - Yearly Performance Comparison

	2026 (YTD)
TLVAX Timothy Plan Large/Mid Cap Value Fund	0.68%
ATGAX Aquila Opportunity Growth Fund	1.66%

Correlation

The correlation between TLVAX and ATGAX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.40

Return for Risk

TLVAX vs. ATGAX — Risk / Return Rank

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

TLVAX

TLVAX Risk / Return Rank: 15
TLVAX Sharpe Ratio Rank: 14
TLVAX Sortino Ratio Rank: 14
TLVAX Omega Ratio Rank: 13
TLVAX Calmar Ratio Rank: 19
TLVAX Martin Ratio Rank: 17

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.

TLVAX vs. ATGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Large/Mid Cap Value Fund (TLVAX) and Aquila Opportunity Growth Fund (ATGAX). 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.

	TLVAX	ATGAX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.53	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.55	—	—
Martin ratio: Return relative to average drawdown	4.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TLVAX	ATGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	18.80	-18.34

Drawdowns

TLVAX vs. ATGAX - Drawdown Comparison

The maximum TLVAX drawdown since its inception was -55.23%, which is greater than ATGAX's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for TLVAX and ATGAX.

Drawdown Indicators

	TLVAX	ATGAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.23%	-0.36%	-54.87%
Max Drawdown (1Y) Largest decline over 1 year	-7.46%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.34%	—	—
Current Drawdown Current decline from peak	-0.96%	-0.36%	-0.60%
Average Drawdown Average peak-to-trough decline	-8.23%	-0.09%	-8.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	—	—

Volatility

Volatility by Period

	TLVAX	ATGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.53%	11.18%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.09%	11.18%	+4.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	11.18%	+6.16%

TLVAX vs. ATGAX - Expense Ratio Comparison

TLVAX has a 1.58% expense ratio, which is higher than ATGAX's 1.50% expense ratio.

Dividends

TLVAX vs. ATGAX - Dividend Comparison

TLVAX's dividend yield for the trailing twelve months is around 8.41%, while ATGAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATGAX Aquila Opportunity Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TLVAX Timothy Plan Large/Mid Cap Value Fund	8.41%	9.16%	20.11%	0.86%	5.52%	4.35%	3.39%	11.83%	10.96%	6.78%	1.25%	12.89%

Frequently Asked Questions

Can I hold both TLVAX and ATGAX in my portfolio?

TLVAX and ATGAX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.