TLVAX vs. ETIMX

Last updated Aug 1, 2026

TLVAX (Timothy Plan Large/Mid Cap Value Fund) and ETIMX (Eventide Multi-Asset Income Fund) are both mutual funds - TLVAX is a Mid Cap Blend Equities fund managed by Timothy Plan, while ETIMX is a Diversified Portfolio fund managed by Eventide. Over the past 10 years, TLVAX returned 10.89%/yr vs 7.35%/yr for ETIMX. Their correlation of 0.85 means they have usually moved in the same direction. TLVAX charges 1.58%/yr vs 0.82%/yr for ETIMX.

Performance

TLVAX vs. ETIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Large/Mid Cap Value Fund (TLVAX) and Eventide Multi-Asset Income Fund (ETIMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TLVAX achieves a 9.22% return, which is significantly higher than ETIMX's 7.99% return. Over the past 10 years, TLVAX has outperformed ETIMX with an annualized return of 10.89%, while ETIMX has yielded a comparatively lower 7.35% annualized return.

TLVAX

• 1D: -0.21%
• 1M: -0.13%
• 6M: 2.95%
• YTD: 9.22%
• 1Y: 9.23%
• 3Y*: 12.85%
• 5Y*: 9.38%
• 10Y*: 10.89%
• ALL TIME*: 8.50%

ETIMX

• 1D: 0.83%
• 1M: -1.65%
• 6M: 5.07%
• YTD: 7.99%
• 1Y: 10.17%
• 3Y*: 9.98%
• 5Y*: 4.99%
• 10Y*: 7.35%
• ALL TIME*: 7.99%

*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)
ETIMX Eventide Multi-Asset Income Fund	$0.00	$0.00	$0.00
TLVAX Timothy Plan Large/Mid Cap Value Fund	$0.00	$0.00	$0.00

TLVAX vs. ETIMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TLVAX Timothy Plan Large/Mid Cap Value Fund	9.22%	4.80%	23.59%	13.21%	-11.70%	26.86%	13.07%	26.39%	-8.93%	17.50%
ETIMX Eventide Multi-Asset Income Fund	7.99%	6.95%	9.79%	12.16%	-15.28%	16.26%	18.42%	19.88%	-8.16%	11.97%

Correlation

The correlation between TLVAX and ETIMX is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.85
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.85

The correlation between TLVAX and ETIMX has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.

Return for Risk

TLVAX vs. ETIMX — Risk / Return Rank

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

TLVAX

TLVAX Risk / Return Rank: 19
TLVAX Sharpe Ratio Rank: 17
TLVAX Sortino Ratio Rank: 18
TLVAX Omega Ratio Rank: 16
TLVAX Calmar Ratio Rank: 22
TLVAX Martin Ratio Rank: 21

ETIMX

ETIMX Risk / Return Rank: 44
ETIMX Sharpe Ratio Rank: 37
ETIMX Sortino Ratio Rank: 36
ETIMX Omega Ratio Rank: 34
ETIMX Calmar Ratio Rank: 63
ETIMX Martin Ratio Rank: 48

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.

TLVAX vs. ETIMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Large/Mid Cap Value Fund (TLVAX) and Eventide Multi-Asset Income Fund (ETIMX). 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.

	TLVAX	ETIMX	Difference
Sharpe ratio: Return per unit of total volatility	0.64	1.14	-0.51
Sortino ratio: Return per unit of downside risk	1.00	1.63	-0.63
Omega ratio: Gain probability vs. loss probability	1.12	1.20	-0.08
Calmar ratio: Return relative to maximum drawdown	1.01	2.11	-1.10
Martin ratio: Return relative to average drawdown	2.94	6.67	-3.73

TLVAX vs. ETIMX - Sharpe Ratio Comparison

The current TLVAX Sharpe Ratio is 0.64, which is lower than the ETIMX Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of TLVAX and ETIMX, 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

TLVAX vs. ETIMX - Drawdown Comparison

The maximum TLVAX drawdown since its inception was -55.23%, which is greater than ETIMX's maximum drawdown of -22.79%. Use the drawdown chart below to compare losses from any high point for TLVAX and ETIMX.

Drawdown Indicators

	TLVAX	ETIMX	Difference
Max Drawdown Largest peak-to-trough decline	-55.23%	-22.79%	-32.44%
Max Drawdown (1Y) Largest decline over 1 year	-7.46%	-4.81%	-2.65%
Max Drawdown (3Y) Largest decline over 3 years	-14.96%	-11.14%	-3.82%
Max Drawdown (5Y) Largest decline over 5 years	-20.69%	-20.58%	-0.11%
Max Drawdown (10Y) Largest decline over 10 years	-37.34%	-22.79%	-14.55%
Current Drawdown Current decline from peak	-1.13%	-3.51%	+2.38%
Average Drawdown Average peak-to-trough decline	-8.18%	-4.13%	-4.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	1.52%	+1.04%

Volatility

TLVAX vs. ETIMX - Volatility Comparison

Timothy Plan Large/Mid Cap Value Fund (TLVAX) and Eventide Multi-Asset Income Fund (ETIMX) have volatilities of 2.52% and 2.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TLVAX	ETIMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	2.50%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	7.30%	+1.20%
Volatility (1Y) Calculated over the trailing 1-year period	11.78%	8.89%	+2.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.08%	9.87%	+6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.31%	10.10%	+7.21%

TLVAX vs. ETIMX - Expense Ratio Comparison

TLVAX has a 1.58% expense ratio, which is higher than ETIMX's 0.82% expense ratio.

Dividends

TLVAX vs. ETIMX - Dividend Comparison

TLVAX's dividend yield for the trailing twelve months is around 8.39%, more than ETIMX's 6.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETIMX Eventide Multi-Asset Income Fund	6.02%	6.38%	1.86%	1.63%	2.95%	5.86%	2.00%	2.90%	4.29%	4.40%	2.66%	0.00%
TLVAX Timothy Plan Large/Mid Cap Value Fund	8.39%	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 ETIMX in my portfolio?

TLVAX and ETIMX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TLVAX or ETIMX?

TLVAX has higher volatility (2.52%) compared to ETIMX (2.50%). In terms of maximum drawdown, TLVAX dropped -55.23% vs ETIMX's -22.79%.

Which has better risk-adjusted returns?

ETIMX currently has the higher Sharpe Ratio (1.14 vs 0.64), 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.