TPIF vs. TPLC

Last updated Jun 24, 2026

TPIF (Timothy Plan International ETF) and TPLC (Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund) are both exchange-traded funds - TPIF is a Foreign Large Cap Equities fund tracking the Victory International Volatility Weighted BRI Index, while TPLC is a Mid Cap Growth Equities fund tracking the Victory U.S. Large Cap Volatility Weighted BRI Index. Both are passively managed. Over the past 5 years, TPIF returned 7.52%/yr vs 8.34%/yr for TPLC. A 0.77 correlation means they provide meaningful diversification when combined. TPIF charges 0.62%/yr vs 0.52%/yr for TPLC.

Performance

TPIF vs. TPLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan International ETF (TPIF) and Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC). 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 TPLC's 9.20% return.

TPIF

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

TPLC

• 1D: -0.50%
• 1M: 1.50%
• YTD: 9.20%
• 6M: 7.86%
• 1Y: 12.87%
• 3Y*: 13.44%
• 5Y*: 8.34%
• 10Y*: —

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

TPIF vs. TPLC - 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%
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	9.20%	7.08%	13.10%	15.17%	-12.58%	26.34%	14.55%	2.60%

Correlation

The correlation between TPIF and TPLC is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Dec 3, 2019	0.77

The correlation between TPIF and TPLC has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.

TPIF vs. TPLC - Sectors Allocation Comparison

Sectors	TPIF	TPLC
Industrials	25.1%	22.6%
Financial Services	23.9%	11.6%
Basic Materials	9.0%	6.0%
Utilities	8.4%	11.0%
Technology	7.6%	19.0%
Energy	6.0%	7.6%
Healthcare	5.9%	9.5%
Consumer Cyclical	5.8%	8.6%
Consumer Defensive	3.5%	3.6%
Communication Services	2.5%	0.3%
Real Estate	2.3%	0.2%

Return for Risk

TPIF vs. TPLC — 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

TPLC

TPLC Risk / Return Rank: 34
TPLC Sharpe Ratio Rank: 32
TPLC Sortino Ratio Rank: 32
TPLC Omega Ratio Rank: 29
TPLC Calmar Ratio Rank: 36
TPLC Martin Ratio Rank: 40

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. TPLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan International ETF (TPIF) and Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC). 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	TPLC	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.10	+0.31
Sortino ratio: Return per unit of downside risk	1.98	1.64	+0.34
Omega ratio: Gain probability vs. loss probability	1.26	1.19	+0.07
Calmar ratio: Return relative to maximum drawdown	1.98	1.70	+0.27
Martin ratio: Return relative to average drawdown	7.60	6.05	+1.55

TPIF vs. TPLC - Sharpe Ratio Comparison

The current TPIF Sharpe Ratio is 1.41, which is comparable to the TPLC Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of TPIF and TPLC, 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. TPLC - Drawdown Comparison

The maximum TPIF drawdown since its inception was -34.02%, smaller than the maximum TPLC drawdown of -38.02%. Use the drawdown chart below to compare losses from any high point for TPIF and TPLC.

Drawdown Indicators

	TPIF	TPLC	Difference
Max Drawdown Largest peak-to-trough decline	-34.02%	-38.02%	+4.00%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-7.58%	-2.61%
Max Drawdown (3Y) Largest decline over 3 years	-12.64%	-18.18%	+5.54%
Max Drawdown (5Y) Largest decline over 5 years	-32.11%	-21.63%	-10.48%
Current Drawdown Current decline from peak	-3.19%	-1.00%	-2.19%
Average Drawdown Average peak-to-trough decline	-7.91%	-5.26%	-2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	2.13%	+0.52%

Volatility

TPIF vs. TPLC - Volatility Comparison

Timothy Plan International ETF (TPIF) has a higher volatility of 5.09% compared to Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) at 3.45%. This indicates that TPIF's price experiences larger fluctuations and is considered to be riskier than TPLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPIF	TPLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	3.45%	+1.64%
Volatility (6M) Calculated over the trailing 6-month period	12.33%	8.72%	+3.61%
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	11.75%	+2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.77%	16.16%	-0.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.30%	19.85%	-1.55%

TPIF vs. TPLC - Expense Ratio Comparison

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

Dividends

TPIF vs. TPLC - Dividend Comparison

TPIF's dividend yield for the trailing twelve months is around 2.73%, more than TPLC's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TPIF Timothy Plan International ETF	2.73%	2.65%	2.98%	2.40%	2.58%	2.38%	1.72%	0.13%
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	0.85%	0.89%	0.88%	0.89%	1.06%	0.61%	0.81%	0.67%

Frequently Asked Questions

Can I hold both TPIF and TPLC in my portfolio?

TPIF and TPLC have a correlation of 0.71, 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 TPLC?

TPIF has higher volatility (5.09%) compared to TPLC (3.45%). In terms of maximum drawdown, TPIF dropped -34.02% vs TPLC's -38.02%.

Which ETF is better, TPIF or TPLC?

On 5-year performance, TPLC leads with 8.34% vs 7.52% for TPIF. On fees, TPLC is cheaper at 0.52% per year. On volatility, TPLC has been the lower-risk option at 3.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPIF or TPLC?

Over the 5-year period, TPLC has performed better with a 8.34% 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 TPLC?

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

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

TPIF has the higher dividend yield at 2.73%, compared with 0.85% for TPLC.

What is the main difference between TPIF and TPLC?

TPIF is categorized as Foreign Large Cap Equities, while TPLC is Mid Cap Growth Equities. TPIF tracks Victory International Volatility Weighted BRI Index, while TPLC tracks Victory U.S. Large Cap Volatility Weighted BRI Index. Their fees differ too: 0.62% for TPIF and 0.52% for TPLC.

Which has better risk-adjusted returns?

TPIF currently has the higher Sharpe Ratio (1.41 vs 1.10), 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.