TPHD vs. EQRR

Last updated Jun 4, 2026

TPHD (Timothy Plan High Dividend Stock ETF) and EQRR (ProShares Equities for Rising Rates ETF) are both Mid Cap Value Equities funds - TPHD tracks the Victory US Large Cap High Dividend Volatility Weighted BRI Index while EQRR tracks the Nasdaq US Large Cap Equity Rising Rates Index. Both are passively managed. Over the past 5 years, TPHD returned 8.52%/yr vs 12.33%/yr for EQRR. A 0.70 correlation means they provide meaningful diversification when combined. TPHD charges 0.52%/yr vs 0.35%/yr for EQRR.

Performance

TPHD vs. EQRR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan High Dividend Stock ETF (TPHD) and ProShares Equities for Rising Rates ETF (EQRR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TPHD achieves a 8.56% return, which is significantly lower than EQRR's 27.33% return.

TPHD

• 1D: 0.03%
• 1M: -1.27%
• YTD: 8.56%
• 6M: 7.69%
• 1Y: 13.23%
• 3Y*: 13.21%
• 5Y*: 8.52%
• 10Y*: —

EQRR

• 1D: -0.58%
• 1M: 8.10%
• YTD: 27.33%
• 6M: 27.15%
• 1Y: 41.70%
• 3Y*: 22.28%
• 5Y*: 12.33%
• 10Y*: —

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

TPHD vs. EQRR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TPHD Timothy Plan High Dividend Stock ETF	8.56%	8.28%	12.14%	8.86%	-1.91%	27.98%	-1.30%	10.35%
EQRR ProShares Equities for Rising Rates ETF	27.33%	15.49%	7.69%	9.19%	2.20%	36.11%	-10.14%	3.54%

Correlation

The correlation between TPHD and EQRR is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since May 2, 2019	0.70

The correlation between TPHD and EQRR shifts across timeframes, from 0.62 (1 year) to 0.78 (3 years), reflecting how their relationship changes across market environments.

TPHD vs. EQRR - Sectors Allocation Comparison

Sectors	TPHD	EQRR
Utilities	24.1%	-
Industrials	18.3%	4.2%
Energy	15.4%	26.8%
Financial Services	12.6%	20.5%
Consumer Cyclical	8.9%	4.8%
Technology	8.8%	32.1%
Basic Materials	5.3%	-
Consumer Defensive	4.2%	-
Healthcare	2.5%	-
Communication Services	0.0%	11.7%
Real Estate	0.0%	-

Return for Risk

TPHD vs. EQRR — Risk / Return Rank

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

TPHD

TPHD Risk / Return Rank: 38
TPHD Sharpe Ratio Rank: 35
TPHD Sortino Ratio Rank: 36
TPHD Omega Ratio Rank: 33
TPHD Calmar Ratio Rank: 44
TPHD Martin Ratio Rank: 39

EQRR

EQRR Risk / Return Rank: 91
EQRR Sharpe Ratio Rank: 90
EQRR Sortino Ratio Rank: 89
EQRR Omega Ratio Rank: 88
EQRR Calmar Ratio Rank: 95
EQRR Martin Ratio Rank: 95

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.

TPHD vs. EQRR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan High Dividend Stock ETF (TPHD) and ProShares Equities for Rising Rates ETF (EQRR). 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.

	TPHD	EQRR	Difference
Sharpe ratio: Return per unit of total volatility	1.27	3.11	-1.84
Sortino ratio: Return per unit of downside risk	1.92	4.10	-2.18
Omega ratio: Gain probability vs. loss probability	1.22	1.56	-0.33
Calmar ratio: Return relative to maximum drawdown	2.19	8.47	-6.28
Martin ratio: Return relative to average drawdown	6.20	31.54	-25.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPHD vs. EQRR - Sharpe Ratio Comparison

The current TPHD Sharpe Ratio is 1.27, which is lower than the EQRR Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of TPHD and EQRR, 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

	TPHD	EQRR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	3.11	-1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.58	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.43	+0.08

Drawdowns

TPHD vs. EQRR - Drawdown Comparison

The maximum TPHD drawdown since its inception was -41.71%, smaller than the maximum EQRR drawdown of -57.93%. Use the drawdown chart below to compare losses from any high point for TPHD and EQRR.

Drawdown Indicators

	TPHD	EQRR	Difference
Max Drawdown Largest peak-to-trough decline	-41.71%	-57.93%	+16.22%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-4.95%	-1.13%
Max Drawdown (3Y) Largest decline over 3 years	-15.89%	-17.75%	+1.86%
Max Drawdown (5Y) Largest decline over 5 years	-16.54%	-21.75%	+5.21%
Current Drawdown Current decline from peak	-3.25%	-0.58%	-2.67%
Average Drawdown Average peak-to-trough decline	-4.73%	-10.08%	+5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	1.33%	+0.81%

Volatility

TPHD vs. EQRR - Volatility Comparison

The current volatility for Timothy Plan High Dividend Stock ETF (TPHD) is 2.60%, while ProShares Equities for Rising Rates ETF (EQRR) has a volatility of 4.72%. This indicates that TPHD experiences smaller price fluctuations and is considered to be less risky than EQRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPHD	EQRR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	4.72%	-2.12%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	10.35%	-3.00%
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	13.50%	-3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.60%	21.39%	-6.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.63%	24.87%	-5.24%

TPHD vs. EQRR - Expense Ratio Comparison

TPHD has a 0.52% expense ratio, which is higher than EQRR's 0.35% expense ratio.

Dividends

TPHD vs. EQRR - Dividend Comparison

TPHD's dividend yield for the trailing twelve months is around 2.00%, more than EQRR's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQRR ProShares Equities for Rising Rates ETF	1.20%	1.70%	2.17%	2.77%	2.34%	1.71%	2.17%	2.05%	2.47%	0.69%
TPHD Timothy Plan High Dividend Stock ETF	2.00%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TPHD and EQRR in my portfolio?

TPHD and EQRR have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPHD or EQRR?

EQRR has higher volatility (4.72%) compared to TPHD (2.60%). In terms of maximum drawdown, TPHD dropped -41.71% vs EQRR's -57.93%.

Which ETF is better, TPHD or EQRR?

On 5-year performance, EQRR leads with 12.33% vs 8.52% for TPHD. On fees, EQRR is cheaper at 0.35% per year. On volatility, TPHD has been the lower-risk option at 2.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPHD or EQRR?

Over the 5-year period, EQRR has performed better with a 12.33% return vs 8.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TPHD or EQRR?

EQRR is cheaper with a 0.35% expense ratio, compared with 0.52% for TPHD.

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

TPHD has the higher dividend yield at 2.00%, compared with 1.20% for EQRR.

What is the main difference between TPHD and EQRR?

TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index, while EQRR tracks Nasdaq US Large Cap Equity Rising Rates Index. They also come from different issuers: Timothy Plan and ProShares. Their fees differ too: 0.52% for TPHD and 0.35% for EQRR.

Which has better risk-adjusted returns?

EQRR currently has the higher Sharpe Ratio (3.11 vs 1.27), 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.