TPHD vs. MSTZ

Last updated Jul 12, 2026

TPHD (Timothy Plan High Dividend Stock ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - TPHD is a Mid Cap Value Equities fund tracking the Victory US Large Cap High Dividend Volatility Weighted BRI Index, while MSTZ is a Inverse Equities fund actively managed by REX. TPHD is passively managed, while MSTZ is actively managed. Over the past year, TPHD returned 13.24% vs 264.10% for MSTZ. At a correlation of -0.23, they often move in opposite directions. TPHD charges 0.52%/yr vs 1.05%/yr for MSTZ.

Performance

TPHD vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan High Dividend Stock ETF (TPHD) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TPHD achieves a 12.37% return, which is significantly higher than MSTZ's -26.97% return.

TPHD

• 1D: 0.63%
• 1M: 1.39%
• 6M: 9.78%
• YTD: 12.37%
• 1Y: 13.24%
• 3Y*: 12.80%
• 5Y*: 9.63%
• 10Y*: —

MSTZ

• 1D: -1.53%
• 1M: 39.32%
• 6M: -19.19%
• YTD: -26.97%
• 1Y: 264.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TPHD vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TPHD Timothy Plan High Dividend Stock ETF	12.37%	8.28%	-1.75%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-26.97%	-38.95%	-94.43%

Correlation

The correlation between TPHD and MSTZ is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.19
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.23

Return for Risk

TPHD vs. MSTZ — Risk / Return Rank

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

TPHD

TPHD Risk / Return Rank: 44
TPHD Sharpe Ratio Rank: 42
TPHD Sortino Ratio Rank: 43
TPHD Omega Ratio Rank: 39
TPHD Calmar Ratio Rank: 52
TPHD Martin Ratio Rank: 44

MSTZ

MSTZ Risk / Return Rank: 60
MSTZ Sharpe Ratio Rank: 61
MSTZ Sortino Ratio Rank: 62
MSTZ Omega Ratio Rank: 63
MSTZ Calmar Ratio Rank: 71
MSTZ Martin Ratio Rank: 43

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. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan High Dividend Stock ETF (TPHD) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). 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.

	TPHD	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.64	-0.44
Sortino ratio: Return per unit of downside risk	1.81	2.34	-0.53
Omega ratio: Gain probability vs. loss probability	1.21	1.30	-0.09
Calmar ratio: Return relative to maximum drawdown	2.08	2.86	-0.78
Martin ratio: Return relative to average drawdown	5.73	5.59	+0.14

TPHD vs. MSTZ - Sharpe Ratio Comparison

The current TPHD Sharpe Ratio is 1.20, which is comparable to the MSTZ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of TPHD and MSTZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TPHD vs. MSTZ - Drawdown Comparison

The maximum TPHD drawdown since its inception was -41.71%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for TPHD and MSTZ.

Drawdown Indicators

	TPHD	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-41.71%	-99.38%	+57.67%
Max Drawdown (1Y) Largest decline over 1 year	-6.08%	-84.89%	+78.81%
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	-0.44%	-97.51%	+97.07%
Average Drawdown Average peak-to-trough decline	-4.68%	-94.53%	+89.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	43.41%	-41.20%

Volatility

TPHD vs. MSTZ - Volatility Comparison

The current volatility for Timothy Plan High Dividend Stock ETF (TPHD) is 3.03%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 56.46%. This indicates that TPHD experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPHD	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	56.46%	-53.43%
Volatility (6M) Calculated over the trailing 6-month period	7.38%	135.20%	-127.82%
Volatility (1Y) Calculated over the trailing 1-year period	10.59%	148.41%	-137.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.57%	171.17%	-156.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.53%	171.17%	-151.64%

TPHD vs. MSTZ - Expense Ratio Comparison

TPHD has a 0.52% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

TPHD vs. MSTZ - Dividend Comparison

TPHD's dividend yield for the trailing twelve months is around 1.93%, while MSTZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPHD Timothy Plan High Dividend Stock ETF	1.93%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%

Frequently Asked Questions

Can I hold both TPHD and MSTZ in my portfolio?

TPHD and MSTZ have a correlation of -0.19, 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 MSTZ?

MSTZ has higher volatility (56.46%) compared to TPHD (3.03%). In terms of maximum drawdown, TPHD dropped -41.71% vs MSTZ's -99.38%.

Which ETF is better, TPHD or MSTZ?

On 1-year performance, MSTZ leads with 264.10% vs 13.24% for TPHD. On fees, TPHD is cheaper at 0.52% per year. On volatility, TPHD has been the lower-risk option at 3.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPHD or MSTZ?

Over the 1-year period, MSTZ has performed better with a 264.10% return vs 13.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TPHD or MSTZ?

TPHD is cheaper with a 0.52% expense ratio, compared with 1.05% for MSTZ.

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

TPHD has the higher dividend yield at 1.93%, compared with 0.00% for MSTZ.

What is the main difference between TPHD and MSTZ?

TPHD is categorized as Mid Cap Value Equities, while MSTZ is Inverse Equities. They also come from different issuers: Timothy Plan and REX. Their fees differ too: 0.52% for TPHD and 1.05% for MSTZ.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (1.64 vs 1.20), 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.