TPDAX vs. VALIX

Last updated Jun 3, 2026

TPDAX (Timothy Plan Defensive Strategies Fund) and VALIX (Value Line Capital Appreciation Fund, Inc.) are both Diversified Portfolio funds. Over the past 10 years, TPDAX returned 7.13%/yr vs 13.28%/yr for VALIX. A 0.53 correlation means they provide meaningful diversification when combined. TPDAX charges 1.37%/yr vs 1.07%/yr for VALIX.

Performance

TPDAX vs. VALIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Defensive Strategies Fund (TPDAX) and Value Line Capital Appreciation Fund, Inc. (VALIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TPDAX achieves a 10.43% return, which is significantly lower than VALIX's 14.19% return. Over the past 10 years, TPDAX has underperformed VALIX with an annualized return of 7.13%, while VALIX has yielded a comparatively higher 13.28% annualized return.

TPDAX

• 1D: -0.79%
• 1M: -1.68%
• YTD: 10.43%
• 6M: 11.92%
• 1Y: 24.62%
• 3Y*: 15.25%
• 5Y*: 8.37%
• 10Y*: 7.13%

VALIX

• 1D: 1.11%
• 1M: 10.42%
• YTD: 14.19%
• 6M: 13.38%
• 1Y: 31.94%
• 3Y*: 23.84%
• 5Y*: 9.90%
• 10Y*: 13.28%

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

TPDAX vs. VALIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TPDAX Timothy Plan Defensive Strategies Fund	10.43%	23.97%	5.29%	7.71%	-5.63%	12.15%	8.83%	13.77%	-7.24%	4.14%
VALIX Value Line Capital Appreciation Fund, Inc.	14.19%	20.76%	21.20%	34.45%	-29.86%	6.69%	33.13%	26.20%	-2.86%	23.88%

Correlation

The correlation between TPDAX and VALIX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Nov 6, 2009	0.53

Over the past year, the correlation between TPDAX and VALIX has dropped to 0.21 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

Return for Risk

TPDAX vs. VALIX — Risk / Return Rank

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

TPDAX

TPDAX Risk / Return Rank: 61
TPDAX Sharpe Ratio Rank: 62
TPDAX Sortino Ratio Rank: 51
TPDAX Omega Ratio Rank: 61
TPDAX Calmar Ratio Rank: 74
TPDAX Martin Ratio Rank: 58

VALIX

VALIX Risk / Return Rank: 52
VALIX Sharpe Ratio Rank: 63
VALIX Sortino Ratio Rank: 58
VALIX Omega Ratio Rank: 56
VALIX Calmar Ratio Rank: 46
VALIX 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.

TPDAX vs. VALIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Defensive Strategies Fund (TPDAX) and Value Line Capital Appreciation Fund, Inc. (VALIX). 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.

	TPDAX	VALIX	Difference
Sharpe ratio Return per unit of total volatility	2.33	2.34	0.00
Sortino ratio Return per unit of downside risk	3.00	3.19	-0.20
Omega ratio Gain probability vs. loss probability	1.44	1.41	+0.02
Calmar ratio Return relative to maximum drawdown	3.37	2.60	+0.77
Martin ratio Return relative to average drawdown	11.68	8.66	+3.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPDAX vs. VALIX - Sharpe Ratio Comparison

The current TPDAX Sharpe Ratio is 2.33, which is comparable to the VALIX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of TPDAX and VALIX, 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

	TPDAX	VALIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.34	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.52	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.71	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.58	+0.02

Drawdowns

TPDAX vs. VALIX - Drawdown Comparison

The maximum TPDAX drawdown since its inception was -22.29%, smaller than the maximum VALIX drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for TPDAX and VALIX.

Drawdown Indicators

	TPDAX	VALIX	Difference
Max Drawdown Largest peak-to-trough decline	-22.29%	-35.14%	+12.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.58%	-12.36%	+4.78%
Max Drawdown (3Y) Largest decline over 3 years	-7.58%	-17.62%	+10.04%
Max Drawdown (5Y) Largest decline over 5 years	-17.58%	-35.14%	+17.56%
Max Drawdown (10Y) Largest decline over 10 years	-22.29%	-35.14%	+12.85%
Current Drawdown Current decline from peak	-4.00%	0.00%	-4.00%
Average Drawdown Average peak-to-trough decline	-4.92%	-6.57%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	3.71%	-1.52%

Volatility

TPDAX vs. VALIX - Volatility Comparison

The current volatility for Timothy Plan Defensive Strategies Fund (TPDAX) is 2.85%, while Value Line Capital Appreciation Fund, Inc. (VALIX) has a volatility of 4.81%. This indicates that TPDAX experiences smaller price fluctuations and is considered to be less risky than VALIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPDAX	VALIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.85%	4.81%	-1.96%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	11.08%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	11.19%	14.04%	-2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.18%	19.15%	-8.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.90%	18.88%	-8.98%

TPDAX vs. VALIX - Expense Ratio Comparison

TPDAX has a 1.37% expense ratio, which is higher than VALIX's 1.07% expense ratio.

Dividends

TPDAX vs. VALIX - Dividend Comparison

TPDAX's dividend yield for the trailing twelve months is around 0.73%, less than VALIX's 5.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TPDAX Timothy Plan Defensive Strategies Fund	0.73%	0.80%	2.76%	2.35%	4.48%	0.50%	0.00%	2.89%	2.69%	0.13%	0.33%	0.00%
VALIX Value Line Capital Appreciation Fund, Inc.	5.28%	6.03%	0.79%	0.75%	11.01%	10.83%	5.49%	9.79%	8.28%	5.57%	5.75%	6.86%

Frequently Asked Questions

Can I hold both TPDAX and VALIX in my portfolio?

TPDAX and VALIX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPDAX or VALIX?

VALIX has higher volatility (4.81%) compared to TPDAX (2.85%). In terms of maximum drawdown, TPDAX dropped -22.29% vs VALIX's -35.14%.

Which has better risk-adjusted returns?

VALIX currently has the higher Sharpe Ratio (2.34 vs 2.33), 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.