TPFC vs. KWIN

Last updated Jul 16, 2026

TPFC (Timothy Plan Free Cash Flow ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - TPFC tracks the Victory Free Cash Flow BRI Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a 0.14 correlation, their price movements are largely independent. TPFC charges 0.59%/yr vs 0.51%/yr for KWIN.

Performance

TPFC vs. KWIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Free Cash Flow ETF (TPFC) and KraneShares Wahed Alternative Income Index ETF (KWIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TPFC

• 1D: -0.31%
• 1M: -0.86%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KWIN

• 1D: -0.26%
• 1M: 0.02%
• 6M: 1.11%
• YTD: 1.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TPFC vs. KWIN - Yearly Performance Comparison

	2026 (YTD)
TPFC Timothy Plan Free Cash Flow ETF	1.32%
KWIN KraneShares Wahed Alternative Income Index ETF	0.36%

Correlation

The correlation between TPFC and KWIN is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.14

Return for Risk

TPFC vs. KWIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Free Cash Flow ETF (TPFC) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.

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

Drawdowns

TPFC vs. KWIN - Drawdown Comparison

The maximum TPFC drawdown since its inception was -5.82%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for TPFC and KWIN.

Drawdown Indicators

	TPFC	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-5.82%	-1.58%	-4.24%
Current Drawdown Current decline from peak	-3.13%	-1.58%	-1.55%
Average Drawdown Average peak-to-trough decline	-2.47%	-0.27%	-2.20%

Volatility

Volatility by Period

	TPFC	KWIN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	4.15%	+10.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.45%	4.15%	+10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.45%	4.15%	+10.30%

TPFC vs. KWIN - Expense Ratio Comparison

TPFC has a 0.59% expense ratio, which is higher than KWIN's 0.51% expense ratio.

Dividends

TPFC vs. KWIN - Dividend Comparison

TPFC's dividend yield for the trailing twelve months is around 0.13%, while KWIN has not paid dividends to shareholders.

Position	TTM
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%
TPFC Timothy Plan Free Cash Flow ETF	0.13%

Frequently Asked Questions

Can I hold both TPFC and KWIN in my portfolio?

TPFC and KWIN have a correlation of 0.14, 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 KWIN?

On fees, KWIN is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TPFC or KWIN?

KWIN is cheaper with a 0.51% expense ratio, compared with 0.59% for TPFC.

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

TPFC has the higher dividend yield at 0.13%, compared with 0.00% for KWIN.

What is the main difference between TPFC and KWIN?

TPFC tracks Victory Free Cash Flow BRI Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Timothy Plan and KraneShares. Their fees differ too: 0.59% for TPFC and 0.51% for KWIN.