TPDIX vs. TPDAX

Last updated Jun 4, 2026

TPDIX (Timothy Plan Defensive Strategies Fund Class I) and TPDAX (Timothy Plan Defensive Strategies Fund) are both mutual funds - TPDIX is a Allocation--50% to 70% Equity fund actively managed by Timothy Plan, while TPDAX is a Diversified Portfolio fund managed by Timothy Plan. Over the past 10 years, TPDIX returned 7.44%/yr vs 7.18%/yr for TPDAX. With a 0.99 correlation, they move nearly in lockstep. TPDIX charges 1.09%/yr vs 1.37%/yr for TPDAX.

Performance

TPDIX vs. TPDAX - 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 Defensive Strategies Fund (TPDAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TPDIX having a 11.07% return and TPDAX slightly lower at 10.96%. Both investments have delivered pretty close results over the past 10 years, with TPDIX having a 7.44% annualized return and TPDAX not far behind at 7.18%.

TPDIX

• 1D: 0.48%
• 1M: -0.42%
• YTD: 11.07%
• 6M: 12.15%
• 1Y: 25.69%
• 3Y*: 15.72%
• 5Y*: 8.90%
• 10Y*: 7.44%

TPDAX

• 1D: 0.48%
• 1M: -0.42%
• YTD: 10.96%
• 6M: 11.99%
• 1Y: 25.38%
• 3Y*: 15.44%
• 5Y*: 8.65%
• 10Y*: 7.18%

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

TPDIX vs. TPDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TPDIX Timothy Plan Defensive Strategies Fund Class I	11.07%	24.23%	5.55%	8.07%	-5.48%	12.45%	9.11%	14.02%	-6.96%	4.45%
TPDAX Timothy Plan Defensive Strategies Fund	10.96%	23.97%	5.29%	7.71%	-5.63%	12.15%	8.83%	13.77%	-7.24%	4.14%

Correlation

The correlation between TPDIX and TPDAX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Aug 8, 2013	0.99

The correlation between TPDIX and TPDAX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

Return for Risk

TPDIX vs. TPDAX — Risk / Return Rank

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

TPDIX

TPDIX Risk / Return Rank: 60
TPDIX Sharpe Ratio Rank: 60
TPDIX Sortino Ratio Rank: 49
TPDIX Omega Ratio Rank: 59
TPDIX Calmar Ratio Rank: 74
TPDIX Martin Ratio Rank: 59

TPDAX

TPDAX Risk / Return Rank: 59
TPDAX Sharpe Ratio Rank: 60
TPDAX Sortino Ratio Rank: 48
TPDAX Omega Ratio Rank: 59
TPDAX Calmar Ratio Rank: 73
TPDAX Martin Ratio Rank: 58

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. TPDAX - 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 Defensive Strategies Fund (TPDAX). 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.

	TPDIX	TPDAX	Difference
Sharpe ratio: Return per unit of total volatility	2.30	2.28	+0.02
Sortino ratio: Return per unit of downside risk	2.95	2.92	+0.03
Omega ratio: Gain probability vs. loss probability	1.43	1.43	0.00
Calmar ratio: Return relative to maximum drawdown	3.39	3.34	+0.04
Martin ratio: Return relative to average drawdown	11.69	11.51	+0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPDIX vs. TPDAX - Sharpe Ratio Comparison

The current TPDIX Sharpe Ratio is 2.30, which is comparable to the TPDAX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of TPDIX and TPDAX, 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

	TPDIX	TPDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	2.28	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.85	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.73	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.60	+0.04

Drawdowns

TPDIX vs. TPDAX - Drawdown Comparison

The maximum TPDIX drawdown since its inception was -22.26%, roughly equal to the maximum TPDAX drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for TPDIX and TPDAX.

Drawdown Indicators

	TPDIX	TPDAX	Difference
Max Drawdown Largest peak-to-trough decline	-22.26%	-22.29%	+0.03%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-7.58%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-7.57%	-7.58%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-17.43%	-17.58%	+0.15%
Max Drawdown (10Y) Largest decline over 10 years	-22.26%	-22.29%	+0.03%
Current Drawdown Current decline from peak	-3.48%	-3.53%	+0.05%
Average Drawdown Average peak-to-trough decline	-4.13%	-4.92%	+0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	2.20%	-0.01%

Volatility

TPDIX vs. TPDAX - Volatility Comparison

Timothy Plan Defensive Strategies Fund Class I (TPDIX) and Timothy Plan Defensive Strategies Fund (TPDAX) have volatilities of 2.87% and 2.91%, 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

	TPDIX	TPDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	2.91%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.48%	9.47%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	11.21%	11.17%	+0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	10.18%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.92%	9.90%	+0.02%

TPDIX vs. TPDAX - Expense Ratio Comparison

TPDIX has a 1.09% expense ratio, which is lower than TPDAX's 1.37% expense ratio.

Dividends

TPDIX vs. TPDAX - Dividend Comparison

TPDIX's dividend yield for the trailing twelve months is around 0.92%, more than TPDAX's 0.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
TPDAX Timothy Plan Defensive Strategies Fund	0.72%	0.80%	2.76%	2.35%	4.48%	0.50%	0.00%	2.89%	2.69%	0.13%	0.33%
TPDIX Timothy Plan Defensive Strategies Fund Class I	0.92%	1.02%	3.02%	2.61%	4.73%	0.70%	0.00%	3.18%	3.02%	0.41%	0.60%

Frequently Asked Questions

Can I hold both TPDIX and TPDAX in my portfolio?

With a correlation of 1.00, TPDIX and TPDAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TPDIX or TPDAX?

TPDAX has higher volatility (2.91%) compared to TPDIX (2.87%). In terms of maximum drawdown, TPDIX dropped -22.26% vs TPDAX's -22.29%.

Which has better risk-adjusted returns?

TPDIX currently has the higher Sharpe Ratio (2.30 vs 2.28), 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.