TPFC vs. TPHD

Last updated Jul 16, 2026

TPFC (Timothy Plan Free Cash Flow ETF) and TPHD (Timothy Plan High Dividend Stock ETF) are both exchange-traded funds - TPFC is a Large Cap Value Equities fund tracking the Victory Free Cash Flow BRI Index, while TPHD is a Mid Cap Value Equities fund tracking the Victory US Large Cap High Dividend Volatility Weighted BRI Index. Both are passively managed. At a 0.39 correlation, their price movements are largely independent. TPFC charges 0.59%/yr vs 0.52%/yr for TPHD.

Performance

TPFC vs. TPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Free Cash Flow ETF (TPFC) and Timothy Plan High Dividend Stock ETF (TPHD). 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*: —

TPHD

• 1D: -0.99%
• 1M: 1.05%
• 6M: 7.40%
• YTD: 11.72%
• 1Y: 14.22%
• 3Y*: 12.49%
• 5Y*: 9.68%
• 10Y*: —

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

TPFC vs. TPHD - Yearly Performance Comparison

	2026 (YTD)
TPFC Timothy Plan Free Cash Flow ETF	1.32%
TPHD Timothy Plan High Dividend Stock ETF	1.61%

Correlation

The correlation between TPFC and TPHD is 0.39, 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	0.39

Return for Risk

TPFC vs. TPHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

TPHD

TPHD Risk / Return Rank: 50
TPHD Sharpe Ratio Rank: 48
TPHD Sortino Ratio Rank: 51
TPHD Omega Ratio Rank: 45
TPHD Calmar Ratio Rank: 58
TPHD Martin Ratio Rank: 48

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.

TPFC vs. TPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Free Cash Flow ETF (TPFC) and Timothy Plan High Dividend Stock ETF (TPHD). 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	TPHD	Difference
Sharpe ratio: Return per unit of total volatility	—	1.36	—
Sortino ratio: Return per unit of downside risk	—	2.05	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.35	—
Martin ratio: Return relative to average drawdown	—	6.47	—

Drawdowns

TPFC vs. TPHD - Drawdown Comparison

The maximum TPFC drawdown since its inception was -5.82%, smaller than the maximum TPHD drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for TPFC and TPHD.

Drawdown Indicators

	TPFC	TPHD	Difference
Max Drawdown Largest peak-to-trough decline	-5.82%	-41.71%	+35.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.54%	—
Current Drawdown Current decline from peak	-3.13%	-1.09%	-2.04%
Average Drawdown Average peak-to-trough decline	-2.47%	-4.68%	+2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	TPFC	TPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	10.61%	+3.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.45%	14.58%	-0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.45%	19.52%	-5.07%

TPFC vs. TPHD - Expense Ratio Comparison

TPFC has a 0.59% expense ratio, which is higher than TPHD's 0.52% expense ratio.

Dividends

TPFC vs. TPHD - Dividend Comparison

TPFC's dividend yield for the trailing twelve months is around 0.13%, less than TPHD's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TPFC Timothy Plan Free Cash Flow ETF	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPHD Timothy Plan High Dividend Stock ETF	1.94%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%

Frequently Asked Questions

Can I hold both TPFC and TPHD in my portfolio?

TPFC and TPHD have a correlation of 0.39, 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 TPHD?

On fees, TPHD is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TPFC or TPHD?

TPHD is cheaper with a 0.52% expense ratio, compared with 0.59% for TPFC.

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

TPHD has the higher dividend yield at 1.94%, compared with 0.13% for TPFC.

What is the main difference between TPFC and TPHD?

TPFC is categorized as Large Cap Value Equities, while TPHD is Mid Cap Value Equities. TPFC tracks Victory Free Cash Flow BRI Index, while TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index. Their fees differ too: 0.59% for TPFC and 0.52% for TPHD.