TPHE vs. SPY
Compare and contrast key facts about Timothy Plan High Dividend Stock Enhanced ETF (TPHE) and SPDR S&P 500 ETF (SPY).
TPHE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPHE 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 Jul 28, 2021. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both TPHE and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPHE or SPY.
Key characteristics
| TPHE | SPY | |
|---|---|---|
| YTD Return | 18.88% | 27.16% |
| 1Y Return | 24.59% | 37.73% |
| 3Y Return (Ann) | 2.71% | 10.28% |
| Sharpe Ratio | 2.27 | 3.25 |
| Sortino Ratio | 3.21 | 4.32 |
| Omega Ratio | 1.41 | 1.61 |
| Calmar Ratio | 1.25 | 4.74 |
| Martin Ratio | 13.90 | 21.51 |
| Ulcer Index | 1.78% | 1.85% |
| Daily Std Dev | 10.90% | 12.20% |
| Max Drawdown | -21.43% | -55.19% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TPHE and SPY is 0.76, 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.
Performance
TPHE vs. SPY - Performance Comparison
In the year-to-date period, TPHE achieves a 18.88% return, which is significantly lower than SPY's 27.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TPHE vs. SPY - Expense Ratio Comparison
TPHE has a 0.52% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TPHE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Timothy Plan High Dividend Stock Enhanced ETF (TPHE) and SPDR S&P 500 ETF (SPY). 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.
Dividends
TPHE vs. SPY - Dividend Comparison
TPHE's dividend yield for the trailing twelve months is around 1.96%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPHE Timothy Plan High Dividend Stock Enhanced ETF | 1.96% | 2.46% | 2.80% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
TPHE vs. SPY - Drawdown Comparison
The maximum TPHE drawdown since its inception was -21.43%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TPHE and SPY. For additional features, visit the drawdowns tool.
Volatility
TPHE vs. SPY - Volatility Comparison
Timothy Plan High Dividend Stock Enhanced ETF (TPHE) and SPDR S&P 500 ETF (SPY) have volatilities of 3.95% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.