TPFC vs. DVLU

Last updated Aug 5, 2026

TPFC (Timothy Plan Free Cash Flow ETF) and DVLU (First Trust Dorsey Wright Momentum & Value ETF) are both exchange-traded funds - TPFC is a Mid Cap Value Equities fund tracking the Victory Free Cash Flow BRI Index, while DVLU is a Momentum fund tracking the Dorsey Wright Momentum Plus Value Index. Both are passively managed. Their 0.56 correlation means they have sometimes moved together and sometimes differently. TPFC charges 0.59%/yr vs 0.60%/yr for DVLU.

Performance

TPFC vs. DVLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Free Cash Flow ETF (TPFC) and First Trust Dorsey Wright Momentum & Value ETF (DVLU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TPFC

• 1D: 0.07%
• 1M: 6.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DVLU

• 1D: 1.81%
• 1M: 7.10%
• 6M: 15.67%
• YTD: 18.48%
• 1Y: 41.81%
• 3Y*: 21.42%
• 5Y*: 13.57%
• 10Y*: —
• ALL TIME*: 11.65%

*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)
DVLU First Trust Dorsey Wright Momentum & Value ETF	$189.48K	$176.76K	$207.64K
TPFC Timothy Plan Free Cash Flow ETF	$235.50K	$114.99K	$613.33K

TPFC vs. DVLU - Yearly Performance Comparison

	2026 (YTD)
TPFC Timothy Plan Free Cash Flow ETF	6.86%
DVLU First Trust Dorsey Wright Momentum & Value ETF	11.69%

Correlation

The correlation between TPFC and DVLU is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.56

Return for Risk

TPFC vs. DVLU — Risk / Return Rank

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

TPFC

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

DVLU

DVLU Risk / Return Rank: 87
DVLU Sharpe Ratio Rank: 92
DVLU Sortino Ratio Rank: 90
DVLU Omega Ratio Rank: 89
DVLU Calmar Ratio Rank: 83
DVLU Martin Ratio Rank: 83

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.

TPFC vs. DVLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Free Cash Flow ETF (TPFC) and First Trust Dorsey Wright Momentum & Value ETF (DVLU). 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.

	TPFC	DVLU	Difference
Sharpe ratio: Return per unit of total volatility	—	2.55	—
Sortino ratio: Return per unit of downside risk	—	3.43	—
Omega ratio: Gain probability vs. loss probability	—	1.44	—
Calmar ratio: Return relative to maximum drawdown	—	3.43	—
Martin ratio: Return relative to average drawdown	—	12.51	—

Drawdowns

TPFC vs. DVLU - Drawdown Comparison

The maximum TPFC drawdown since its inception was -5.82%, smaller than the maximum DVLU drawdown of -53.26%. Use the drawdown chart below to compare losses from any high point for TPFC and DVLU.

Drawdown Indicators

	TPFC	DVLU	Difference
Max Drawdown Largest peak-to-trough decline	-5.82%	-53.26%	+47.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.86%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.23%	-8.61%	+6.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.35%	—

Volatility

Volatility by Period

	TPFC	DVLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.69%	16.52%	-2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.69%	21.14%	-7.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.69%	25.60%	-11.91%

TPFC vs. DVLU - Expense Ratio Comparison

TPFC has a 0.59% expense ratio, which is lower than DVLU's 0.60% expense ratio.

Dividends

TPFC vs. DVLU - Dividend Comparison

TPFC's dividend yield for the trailing twelve months is around 0.13%, less than DVLU's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DVLU First Trust Dorsey Wright Momentum & Value ETF	0.64%	0.73%	1.06%	1.34%	2.18%	1.33%	1.34%	1.71%	0.58%
TPFC Timothy Plan Free Cash Flow ETF	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TPFC and DVLU in my portfolio?

TPFC and DVLU have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TPFC or DVLU?

On fees, TPFC is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TPFC or DVLU?

TPFC is cheaper with a 0.59% expense ratio, compared with 0.60% for DVLU.

Which ETF pays a higher dividend yield, TPFC or DVLU?

DVLU has the higher dividend yield at 0.64%, compared with 0.13% for TPFC.

What is the main difference between TPFC and DVLU?

TPFC is categorized as Mid Cap Value Equities, while DVLU is Momentum. TPFC tracks Victory Free Cash Flow BRI Index, while DVLU tracks Dorsey Wright Momentum Plus Value Index. They also come from different issuers: Timothy Plan and First Trust. Their fees differ too: 0.59% for TPFC and 0.60% for DVLU.