TPIF vs. TPHD

Last updated Jun 24, 2026

TPIF (Timothy Plan International ETF) and TPHD (Timothy Plan High Dividend Stock ETF) are both exchange-traded funds - TPIF is a Foreign Large Cap Equities fund tracking the Victory International Volatility Weighted BRI Index, while TPHD is a Mid Cap Value Equities fund tracking the Victory US Large Cap High Dividend Volatility Weighted BRI Index. Both are passively managed. Over the past 5 years, TPIF returned 7.52%/yr vs 9.49%/yr for TPHD. A 0.67 correlation means they provide meaningful diversification when combined. TPIF charges 0.62%/yr vs 0.52%/yr for TPHD.

Performance

TPIF vs. TPHD - Performance Comparison

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

Returns By Period

In the year-to-date period, TPIF achieves a 8.10% return, which is significantly lower than TPHD's 9.67% return.

TPIF

• 1D: -2.07%
• 1M: -1.36%
• YTD: 8.10%
• 6M: 7.68%
• 1Y: 20.07%
• 3Y*: 17.62%
• 5Y*: 7.52%
• 10Y*: —

TPHD

• 1D: 0.29%
• 1M: 0.27%
• YTD: 9.67%
• 6M: 9.11%
• 1Y: 13.64%
• 3Y*: 13.44%
• 5Y*: 9.49%
• 10Y*: —

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

TPIF vs. TPHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TPIF Timothy Plan International ETF	8.10%	34.34%	3.49%	16.64%	-18.07%	10.42%	7.21%	4.13%
TPHD Timothy Plan High Dividend Stock ETF	9.67%	8.28%	12.14%	8.86%	-1.91%	27.98%	-1.30%	3.69%

Correlation

The correlation between TPIF and TPHD is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 3, 2019	0.67

The correlation between TPIF and TPHD shifts across timeframes, from 0.51 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

TPIF vs. TPHD - Sectors Allocation Comparison

Sectors	TPIF	TPHD
Industrials	25.1%	18.0%
Financial Services	23.9%	12.8%
Basic Materials	9.0%	5.6%
Utilities	8.4%	23.5%
Technology	7.6%	9.7%
Energy	6.0%	14.9%
Healthcare	5.9%	2.4%
Consumer Cyclical	5.8%	8.8%
Consumer Defensive	3.5%	4.2%
Communication Services	2.5%	0.0%
Real Estate	2.3%	0.0%

Return for Risk

TPIF vs. TPHD — Risk / Return Rank

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

TPIF

TPIF Risk / Return Rank: 43
TPIF Sharpe Ratio Rank: 43
TPIF Sortino Ratio Rank: 41
TPIF Omega Ratio Rank: 43
TPIF Calmar Ratio Rank: 42
TPIF Martin Ratio Rank: 48

TPHD

TPHD Risk / Return Rank: 40
TPHD Sharpe Ratio Rank: 38
TPHD Sortino Ratio Rank: 40
TPHD Omega Ratio Rank: 36
TPHD Calmar Ratio Rank: 48
TPHD Martin Ratio Rank: 41

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.

TPIF vs. TPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan International ETF (TPIF) and Timothy Plan High Dividend Stock ETF (TPHD). 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.

	TPIF	TPHD	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.29	+0.12
Sortino ratio: Return per unit of downside risk	1.98	1.94	+0.04
Omega ratio: Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio: Return relative to maximum drawdown	1.98	2.25	-0.27
Martin ratio: Return relative to average drawdown	7.60	6.21	+1.39

TPIF vs. TPHD - Sharpe Ratio Comparison

The current TPIF Sharpe Ratio is 1.41, which is comparable to the TPHD Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of TPIF and TPHD, 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

TPIF vs. TPHD - Drawdown Comparison

The maximum TPIF drawdown since its inception was -34.02%, smaller than the maximum TPHD drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for TPIF and TPHD.

Drawdown Indicators

	TPIF	TPHD	Difference
Max Drawdown Largest peak-to-trough decline	-34.02%	-41.71%	+7.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-6.08%	-4.11%
Max Drawdown (3Y) Largest decline over 3 years	-12.64%	-15.89%	+3.25%
Max Drawdown (5Y) Largest decline over 5 years	-32.11%	-16.54%	-15.57%
Current Drawdown Current decline from peak	-3.19%	-2.26%	-0.93%
Average Drawdown Average peak-to-trough decline	-7.91%	-4.71%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	2.20%	+0.45%

Volatility

TPIF vs. TPHD - Volatility Comparison

Timothy Plan International ETF (TPIF) has a higher volatility of 5.09% compared to Timothy Plan High Dividend Stock ETF (TPHD) at 3.01%. This indicates that TPIF's price experiences larger fluctuations and is considered to be riskier than TPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPIF	TPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	3.01%	+2.08%
Volatility (6M) Calculated over the trailing 6-month period	12.33%	7.42%	+4.91%
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	10.63%	+3.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.77%	14.58%	+1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.30%	19.58%	-1.28%

TPIF vs. TPHD - Expense Ratio Comparison

TPIF has a 0.62% expense ratio, which is higher than TPHD's 0.52% expense ratio.

Dividends

TPIF vs. TPHD - Dividend Comparison

TPIF's dividend yield for the trailing twelve months is around 2.73%, more than TPHD's 2.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TPHD Timothy Plan High Dividend Stock ETF	2.01%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%
TPIF Timothy Plan International ETF	2.73%	2.65%	2.98%	2.40%	2.58%	2.38%	1.72%	0.13%

Frequently Asked Questions

Can I hold both TPIF and TPHD in my portfolio?

TPIF and TPHD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPIF or TPHD?

TPIF has higher volatility (5.09%) compared to TPHD (3.01%). In terms of maximum drawdown, TPIF dropped -34.02% vs TPHD's -41.71%.

Which ETF is better, TPIF or TPHD?

On 5-year performance, TPHD leads with 9.49% vs 7.52% for TPIF. On fees, TPHD is cheaper at 0.52% per year. On volatility, TPHD has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPIF or TPHD?

Over the 5-year period, TPHD has performed better with a 9.49% return vs 7.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TPIF or TPHD?

TPHD is cheaper with a 0.52% expense ratio, compared with 0.62% for TPIF.

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

TPIF has the higher dividend yield at 2.73%, compared with 2.01% for TPHD.

What is the main difference between TPIF and TPHD?

TPIF is categorized as Foreign Large Cap Equities, while TPHD is Mid Cap Value Equities. TPIF tracks Victory International Volatility Weighted BRI Index, while TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index. Their fees differ too: 0.62% for TPIF and 0.52% for TPHD.

Which has better risk-adjusted returns?

TPIF currently has the higher Sharpe Ratio (1.41 vs 1.29), 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.