TPHD vs. TMDV

Last updated Apr 2, 2026

Compare and contrast key facts about Timothy Plan High Dividend Stock ETF (TPHD) and ProShares Russell U.S. Dividend Growers ETF (TMDV).

TPHD and TMDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPHD is a passively managed fund by Timothy Plan that tracks the performance of the Victory US Large Cap High Dividend Volatility Weighted BRI Index. It was launched on Apr 29, 2019. TMDV is a passively managed fund by ProShares that tracks the performance of the Russell 3000 Dividend Elite Index. It was launched on Nov 5, 2019. Both TPHD and TMDV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TPHD vs. TMDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan High Dividend Stock ETF (TPHD) and ProShares Russell U.S. Dividend Growers ETF (TMDV). The values are adjusted to include any dividend payments, if applicable.

TPHD vs. TMDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TPHD Timothy Plan High Dividend Stock ETF	7.62%	8.28%	12.14%	8.86%	-1.91%	27.98%	-1.30%	2.77%
TMDV ProShares Russell U.S. Dividend Growers ETF	4.14%	2.91%	2.64%	2.25%	-5.10%	23.45%	4.82%	3.26%

Returns By Period

In the year-to-date period, TPHD achieves a 7.62% return, which is significantly higher than TMDV's 4.14% return.

TPHD

• 1D: -0.17%
• 1M: -4.08%
• YTD: 7.62%
• 6M: 6.18%
• 1Y: 11.58%
• 3Y*: 12.19%
• 5Y*: 9.57%
• 10Y*: —

TMDV

• 1D: 0.27%
• 1M: -6.06%
• YTD: 4.14%
• 6M: 4.03%
• 1Y: 5.15%
• 3Y*: 4.21%
• 5Y*: 3.75%
• 10Y*: —

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

TPHD vs. TMDV - Expense Ratio Comparison

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

TPHD

Timothy Plan High Dividend Stock ETF

TMDV

ProShares Russell U.S. Dividend Growers ETF

Return for Risk

TPHD vs. TMDV — Risk / Return Rank

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

TPHD

TPHD Risk / Return Rank: 37
TPHD Sharpe Ratio Rank: 37
TPHD Sortino Ratio Rank: 36
TPHD Omega Ratio Rank: 38
TPHD Calmar Ratio Rank: 34
TPHD Martin Ratio Rank: 41

TMDV

TMDV Risk / Return Rank: 21
TMDV Sharpe Ratio Rank: 21
TMDV Sortino Ratio Rank: 20
TMDV Omega Ratio Rank: 19
TMDV Calmar Ratio Rank: 22
TMDV Martin Ratio Rank: 21

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. TMDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan High Dividend Stock ETF (TPHD) and ProShares Russell U.S. Dividend Growers ETF (TMDV). 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	TMDV	Difference
Sharpe ratio Return per unit of total volatility	0.74	0.35	+0.40
Sortino ratio Return per unit of downside risk	1.12	0.61	+0.50
Omega ratio Gain probability vs. loss probability	1.16	1.07	+0.09
Calmar ratio Return relative to maximum drawdown	0.91	0.49	+0.42
Martin ratio Return relative to average drawdown	4.12	1.42	+2.70
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. TMDV - Sharpe Ratio Comparison

The current TPHD Sharpe Ratio is 0.74, which is higher than the TMDV Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of TPHD and TMDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TPHD	TMDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	0.35	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.26	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.31	+0.21

Correlation

The correlation between TPHD and TMDV is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TPHD vs. TMDV - Dividend Comparison

TPHD's dividend yield for the trailing twelve months is around 1.96%, less than TMDV's 2.63% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
TPHD Timothy Plan High Dividend Stock ETF	1.96%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%
TMDV ProShares Russell U.S. Dividend Growers ETF	2.63%	2.65%	2.70%	2.45%	2.46%	2.14%	2.28%	0.16%

Drawdowns

TPHD vs. TMDV - Drawdown Comparison

The maximum TPHD drawdown since its inception was -41.71%, which is greater than TMDV's maximum drawdown of -33.42%. Use the drawdown chart below to compare losses from any high point for TPHD and TMDV.

Drawdown Indicators

	TPHD	TMDV	Difference
Max Drawdown Largest peak-to-trough decline	-41.71%	-33.42%	-8.29%
Max Drawdown (1Y) Largest decline over 1 year	-13.22%	-10.52%	-2.70%
Max Drawdown (5Y) Largest decline over 5 years	-16.54%	-17.11%	+0.57%
Current Drawdown Current decline from peak	-4.08%	-6.91%	+2.83%
Average Drawdown Average peak-to-trough decline	-4.77%	-5.42%	+0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.65%	-0.72%

Volatility

TPHD vs. TMDV - Volatility Comparison

The current volatility for Timothy Plan High Dividend Stock ETF (TPHD) is 2.79%, while ProShares Russell U.S. Dividend Growers ETF (TMDV) has a volatility of 3.78%. This indicates that TPHD experiences smaller price fluctuations and is considered to be less risky than TMDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPHD	TMDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	3.78%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	7.80%	8.35%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.62%	14.86%	+0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	14.43%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.81%	18.78%	+1.03%