TMVE vs. TPHD

Last updated Jun 4, 2026

TMVE (Thrivent Mid Cap Value ETF) and TPHD (Timothy Plan High Dividend Stock ETF) are both Mid Cap Value Equities funds - TMVE tracks the Actively Managed while TPHD tracks the Victory US Large Cap High Dividend Volatility Weighted BRI Index. Both are passively managed. A 0.74 correlation means they provide meaningful diversification when combined. TMVE charges 0.55%/yr vs 0.52%/yr for TPHD.

Performance

TMVE vs. TPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Mid Cap Value ETF (TMVE) 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, TMVE achieves a 14.73% return, which is significantly higher than TPHD's 8.56% return.

TMVE

• 1D: -0.23%
• 1M: 2.73%
• YTD: 14.73%
• 6M: 15.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TPHD

• 1D: 0.03%
• 1M: -1.27%
• YTD: 8.56%
• 6M: 7.69%
• 1Y: 13.23%
• 3Y*: 13.21%
• 5Y*: 8.52%
• 10Y*: —

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

TMVE vs. TPHD - Yearly Performance Comparison

	2026 (YTD)	2025
TMVE Thrivent Mid Cap Value ETF	14.73%	6.04%
TPHD Timothy Plan High Dividend Stock ETF	8.56%	1.90%

Correlation

The correlation between TMVE and TPHD is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.74

Return for Risk

TMVE vs. TPHD — Risk / Return Rank

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

TPHD

TPHD Risk / Return Rank: 38
TPHD Sharpe Ratio Rank: 35
TPHD Sortino Ratio Rank: 36
TPHD Omega Ratio Rank: 33
TPHD Calmar Ratio Rank: 44
TPHD Martin Ratio Rank: 39

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.

TMVE vs. TPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Mid Cap Value ETF (TMVE) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TMVE	TPHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.27	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.18	0.51	+2.67

Drawdowns

TMVE vs. TPHD - Drawdown Comparison

The maximum TMVE drawdown since its inception was -8.21%, smaller than the maximum TPHD drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for TMVE and TPHD.

Drawdown Indicators

	TMVE	TPHD	Difference
Max Drawdown Largest peak-to-trough decline	-8.21%	-41.71%	+33.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.54%	—
Current Drawdown Current decline from peak	-0.23%	-3.25%	+3.02%
Average Drawdown Average peak-to-trough decline	-1.54%	-4.73%	+3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.14%	—

Volatility

Volatility by Period

	TMVE	TPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.94%	10.48%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	14.60%	-0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.94%	19.63%	-5.69%

TMVE vs. TPHD - Expense Ratio Comparison

TMVE has a 0.55% expense ratio, which is higher than TPHD's 0.52% expense ratio.

Dividends

TMVE vs. TPHD - Dividend Comparison

TMVE's dividend yield for the trailing twelve months is around 0.10%, less than TPHD's 2.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TMVE Thrivent Mid Cap Value ETF	0.10%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPHD Timothy Plan High Dividend Stock ETF	2.00%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%

Frequently Asked Questions

Can I hold both TMVE and TPHD in my portfolio?

TMVE and TPHD have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMVE or TPHD?

On fees, TPHD is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TMVE or TPHD?

TPHD is cheaper with a 0.52% expense ratio, compared with 0.55% for TMVE.

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

TPHD has the higher dividend yield at 2.00%, compared with 0.10% for TMVE.

What is the main difference between TMVE and TPHD?

TMVE tracks Actively Managed, while TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index. They also come from different issuers: Thrivent and Timothy Plan. Their fees differ too: 0.55% for TMVE and 0.52% for TPHD.