TPDIX vs. TLVAX

Last updated Jun 23, 2026

TPDIX (Timothy Plan Defensive Strategies Fund Class I) and TLVAX (Timothy Plan Large/Mid Cap Value Fund) are both mutual funds - TPDIX is a Allocation--50% to 70% Equity fund actively managed by Timothy Plan, while TLVAX is a Mid Cap Blend Equities fund managed by Timothy Plan. Over the past 10 years, TPDIX returned 6.97%/yr vs 11.02%/yr for TLVAX. A 0.60 correlation means they provide meaningful diversification when combined. TPDIX charges 1.09%/yr vs 1.58%/yr for TLVAX.

Performance

TPDIX vs. TLVAX - Performance Comparison

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

Returns By Period

In the year-to-date period, TPDIX achieves a 7.60% return, which is significantly lower than TLVAX's 8.02% return. Over the past 10 years, TPDIX has underperformed TLVAX with an annualized return of 6.97%, while TLVAX has yielded a comparatively higher 11.02% annualized return.

TPDIX

• 1D: -0.60%
• 1M: -3.69%
• YTD: 7.60%
• 6M: 6.78%
• 1Y: 20.49%
• 3Y*: 13.95%
• 5Y*: 8.83%
• 10Y*: 6.97%

TLVAX

• 1D: 0.77%
• 1M: -0.09%
• YTD: 8.02%
• 6M: 6.93%
• 1Y: 10.36%
• 3Y*: 13.83%
• 5Y*: 10.35%
• 10Y*: 11.02%

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

TPDIX vs. TLVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TPDIX Timothy Plan Defensive Strategies Fund Class I	7.60%	24.23%	5.55%	8.07%	-5.48%	12.45%	9.11%	14.02%	-6.96%	4.45%
TLVAX Timothy Plan Large/Mid Cap Value Fund	8.02%	4.80%	23.59%	13.21%	-11.70%	26.86%	13.07%	26.39%	-8.93%	17.50%

Correlation

The correlation between TPDIX and TLVAX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Aug 7, 2013	0.60

The correlation between TPDIX and TLVAX has been stable across timeframes, ranging from 0.54 to 0.60 - a consistent structural relationship.

Return for Risk

TPDIX vs. TLVAX — Risk / Return Rank

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

TPDIX

TPDIX Risk / Return Rank: 43
TPDIX Sharpe Ratio Rank: 42
TPDIX Sortino Ratio Rank: 35
TPDIX Omega Ratio Rank: 42
TPDIX Calmar Ratio Rank: 54
TPDIX Martin Ratio Rank: 40

TLVAX

TLVAX Risk / Return Rank: 14
TLVAX Sharpe Ratio Rank: 12
TLVAX Sortino Ratio Rank: 12
TLVAX Omega Ratio Rank: 11
TLVAX Calmar Ratio Rank: 18
TLVAX Martin Ratio Rank: 16

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.

TPDIX vs. TLVAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Defensive Strategies Fund Class I (TPDIX) and Timothy Plan Large/Mid Cap Value Fund (TLVAX). 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.

	TPDIX	TLVAX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	0.89	+0.87
Sortino ratio: Return per unit of downside risk	2.29	1.35	+0.94
Omega ratio: Gain probability vs. loss probability	1.32	1.16	+0.17
Calmar ratio: Return relative to maximum drawdown	2.70	1.41	+1.29
Martin ratio: Return relative to average drawdown	8.28	4.13	+4.15

TPDIX vs. TLVAX - Sharpe Ratio Comparison

The current TPDIX Sharpe Ratio is 1.76, which is higher than the TLVAX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of TPDIX and TLVAX, 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

TPDIX vs. TLVAX - Drawdown Comparison

The maximum TPDIX drawdown since its inception was -22.26%, smaller than the maximum TLVAX drawdown of -55.23%. Use the drawdown chart below to compare losses from any high point for TPDIX and TLVAX.

Drawdown Indicators

	TPDIX	TLVAX	Difference
Max Drawdown Largest peak-to-trough decline	-22.26%	-55.23%	+32.97%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-7.46%	-0.11%
Max Drawdown (3Y) Largest decline over 3 years	-7.57%	-14.96%	+7.39%
Max Drawdown (5Y) Largest decline over 5 years	-17.43%	-20.69%	+3.26%
Max Drawdown (10Y) Largest decline over 10 years	-22.26%	-37.34%	+15.08%
Current Drawdown Current decline from peak	-6.50%	-1.84%	-4.66%
Average Drawdown Average peak-to-trough decline	-4.13%	-8.21%	+4.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	2.54%	-0.08%

Volatility

TPDIX vs. TLVAX - Volatility Comparison

The current volatility for Timothy Plan Defensive Strategies Fund Class I (TPDIX) is 3.47%, while Timothy Plan Large/Mid Cap Value Fund (TLVAX) has a volatility of 4.01%. This indicates that TPDIX experiences smaller price fluctuations and is considered to be less risky than TLVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPDIX	TLVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	4.01%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	8.99%	+0.93%
Volatility (1Y) Calculated over the trailing 1-year period	11.59%	11.80%	-0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.24%	16.13%	-5.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.96%	17.36%	-7.40%

TPDIX vs. TLVAX - Expense Ratio Comparison

TPDIX has a 1.09% expense ratio, which is lower than TLVAX's 1.58% expense ratio.

Dividends

TPDIX vs. TLVAX - Dividend Comparison

TPDIX's dividend yield for the trailing twelve months is around 0.95%, less than TLVAX's 8.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TLVAX Timothy Plan Large/Mid Cap Value Fund	8.48%	9.16%	20.11%	0.86%	5.52%	4.35%	3.39%	11.83%	10.96%	6.78%	1.25%	12.89%
TPDIX Timothy Plan Defensive Strategies Fund Class I	0.95%	1.02%	3.02%	2.61%	4.73%	0.70%	0.00%	3.18%	3.02%	0.41%	0.60%	0.00%

Frequently Asked Questions

Can I hold both TPDIX and TLVAX in my portfolio?

TPDIX and TLVAX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPDIX or TLVAX?

TLVAX has higher volatility (4.01%) compared to TPDIX (3.47%). In terms of maximum drawdown, TPDIX dropped -22.26% vs TLVAX's -55.23%.

Which has better risk-adjusted returns?

TPDIX currently has the higher Sharpe Ratio (1.76 vs 0.89), 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.