TPFI vs. BYLD
TPFI (Timothy Plan Fixed Income ETF) and BYLD (iShares Yield Optimized Bond ETF) are both Intermediate Core-Plus Bond funds. TPFI is actively managed, while BYLD is passively managed. Their correlation of 0.86 means they have usually moved in the same direction. TPFI charges 0.55%/yr vs 0.17%/yr for BYLD.
Performance
TPFI vs. BYLD - Performance Comparison
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Returns By Period
TPFI
- 1D
- 0.37%
- 1M
- -0.51%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BYLD
- 1D
- 0.46%
- 1M
- -0.44%
- 6M
- 0.76%
- YTD
- 1.28%
- 1Y
- 4.32%
- 3Y*
- 6.32%
- 5Y*
- 1.95%
- 10Y*
- 2.84%
- ALL TIME*
- 2.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.58M | $1.70M | $2.60M | |
| $121.03K | $133.74K | $123.91K |
TPFI vs. BYLD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TPFI Timothy Plan Fixed Income ETF | -0.50% |
BYLD iShares Yield Optimized Bond ETF | 0.66% |
Correlation
The correlation between TPFI and BYLD is 0.86, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 5, 2026 | 0.86 |
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Return for Risk
TPFI vs. BYLD — Risk / Return Rank
TPFI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BYLD
TPFI vs. BYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Fixed Income ETF (TPFI) and iShares Yield Optimized Bond ETF (BYLD). 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.
| TPFI | BYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.60 | — |
| Martin ratioReturn relative to average drawdown | — | 6.03 | — |
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Drawdowns
TPFI vs. BYLD - Drawdown Comparison
The maximum TPFI drawdown since its inception was -1.66%, smaller than the maximum BYLD drawdown of -14.75%. Use the drawdown chart below to compare losses from any high point for TPFI and BYLD.
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Drawdown Indicators
| TPFI | BYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.66% | -14.75% | +13.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.71% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.54% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.75% | — |
Current DrawdownCurrent decline from peak | -0.99% | -0.61% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -0.64% | -2.49% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.72% | — |
Volatility
TPFI vs. BYLD - Volatility Comparison
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Volatility by Period
| TPFI | BYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.05% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.89% | 3.82% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.89% | 5.21% | -1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.89% | 5.43% | -1.54% |
TPFI vs. BYLD - Expense Ratio Comparison
TPFI has a 0.55% expense ratio, which is higher than BYLD's 0.17% expense ratio.
Dividends
TPFI vs. BYLD - Dividend Comparison
TPFI's dividend yield for the trailing twelve months is around 0.70%, less than BYLD's 5.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYLD iShares Yield Optimized Bond ETF | 5.41% | 5.32% | 5.31% | 4.45% | 3.39% | 2.18% | 3.41% | 3.67% | 4.22% | 3.22% | 3.14% | 3.37% |
TPFI Timothy Plan Fixed Income ETF | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TPFI and BYLD have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BYLD is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BYLD is cheaper with a 0.17% expense ratio, compared with 0.55% for TPFI.
BYLD has the higher dividend yield at 5.41%, compared with 0.70% for TPFI.
They also come from different issuers: Timothy Plan and iShares. Their fees differ too: 0.55% for TPFI and 0.17% for BYLD.
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