TPHD vs. TMVE

Last updated Jun 4, 2026

TPHD (Timothy Plan High Dividend Stock ETF) and TMVE (Thrivent Mid Cap Value ETF) are both Mid Cap Value Equities funds - TPHD tracks the Victory US Large Cap High Dividend Volatility Weighted BRI Index while TMVE tracks the Actively Managed. Both are passively managed. A 0.74 correlation means they provide meaningful diversification when combined. TPHD charges 0.52%/yr vs 0.55%/yr for TMVE.

Performance

TPHD vs. TMVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan High Dividend Stock ETF (TPHD) and Thrivent Mid Cap Value ETF (TMVE). 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 TMVE's 14.73% return.

TPHD

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

TMVE

• 1D: -0.23%
• 1M: 2.73%
• YTD: 14.73%
• 6M: 15.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TPHD vs. TMVE - Yearly Performance Comparison

	2026 (YTD)	2025
TPHD Timothy Plan High Dividend Stock ETF	8.56%	1.90%
TMVE Thrivent Mid Cap Value ETF	14.73%	6.04%

Correlation

The correlation between TPHD and TMVE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.74

Return for Risk

TPHD vs. TMVE — 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

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. TMVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan High Dividend Stock ETF (TPHD) and Thrivent Mid Cap Value ETF (TMVE). 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	TMVE	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.92	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	2.19	—	—
Martin ratio: Return relative to average drawdown	6.20	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TPHD	TMVE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	3.18	-2.67

Drawdowns

TPHD vs. TMVE - Drawdown Comparison

The maximum TPHD drawdown since its inception was -41.71%, which is greater than TMVE's maximum drawdown of -8.21%. Use the drawdown chart below to compare losses from any high point for TPHD and TMVE.

Drawdown Indicators

	TPHD	TMVE	Difference
Max Drawdown Largest peak-to-trough decline	-41.71%	-8.21%	-33.50%
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	-3.25%	-0.23%	-3.02%
Average Drawdown Average peak-to-trough decline	-4.73%	-1.54%	-3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	—	—

Volatility

Volatility by Period

	TPHD	TMVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	13.94%	-3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.60%	13.94%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.63%	13.94%	+5.69%

TPHD vs. TMVE - Expense Ratio Comparison

TPHD has a 0.52% expense ratio, which is lower than TMVE's 0.55% expense ratio.

Dividends

TPHD vs. TMVE - Dividend Comparison

TPHD's dividend yield for the trailing twelve months is around 2.00%, more than TMVE's 0.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TMVE Thrivent Mid Cap Value ETF	0.10%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPHD Timothy Plan High Dividend Stock ETF	2.00%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%

Frequently Asked Questions

Can I hold both TPHD and TMVE in my portfolio?

TPHD and TMVE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TPHD or TMVE?

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, TPHD or TMVE?

TPHD is cheaper with a 0.52% expense ratio, compared with 0.55% for TMVE.

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

TPHD has the higher dividend yield at 2.00%, compared with 0.10% for TMVE.

What is the main difference between TPHD and TMVE?

TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index, while TMVE tracks Actively Managed. They also come from different issuers: Timothy Plan and Thrivent. Their fees differ too: 0.52% for TPHD and 0.55% for TMVE.