TPIF vs. VEA

Last updated Jun 4, 2026

TPIF (Timothy Plan International ETF) and VEA (Vanguard FTSE Developed Markets ETF) are both Foreign Large Cap Equities funds - TPIF tracks the Victory International Volatility Weighted BRI Index while VEA tracks the FTSE Developed All Cap ex US Index. Both are passively managed. Over the past 5 years, TPIF returned 7.66%/yr vs 9.60%/yr for VEA. With a 0.97 correlation, they move nearly in lockstep. TPIF charges 0.62%/yr vs 0.03%/yr for VEA.

Performance

TPIF vs. VEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan International ETF (TPIF) and Vanguard FTSE Developed Markets ETF (VEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TPIF achieves a 9.41% return, which is significantly lower than VEA's 14.92% return.

TPIF

• 1D: -0.56%
• 1M: 1.55%
• YTD: 9.41%
• 6M: 11.47%
• 1Y: 22.50%
• 3Y*: 17.61%
• 5Y*: 7.66%
• 10Y*: —

VEA

• 1D: -0.90%
• 1M: 5.54%
• YTD: 14.92%
• 6M: 18.15%
• 1Y: 32.48%
• 3Y*: 19.77%
• 5Y*: 9.60%
• 10Y*: 10.17%

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

TPIF vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TPIF Timothy Plan International ETF	9.41%	34.34%	3.49%	16.64%	-18.07%	10.42%	7.21%	3.65%
VEA Vanguard FTSE Developed Markets ETF	14.92%	35.16%	3.15%	17.93%	-15.34%	11.66%	9.71%	4.42%

Correlation

The correlation between TPIF and VEA is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019	0.97

The correlation between TPIF and VEA has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

TPIF vs. VEA - Sectors Allocation Comparison

Sectors	TPIF	VEA
Financial Services	24.5%	23.3%
Industrials	23.6%	19.2%
Basic Materials	9.2%	7.5%
Utilities	8.5%	3.3%
Technology	7.1%	13.8%
Consumer Cyclical	6.1%	7.5%
Energy	6.0%	5.4%
Healthcare	5.8%	8.2%
Consumer Defensive	3.7%	5.6%
Communication Services	2.5%	3.4%
Real Estate	2.3%	2.7%

Return for Risk

TPIF vs. VEA — Risk / Return Rank

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

TPIF

TPIF Risk / Return Rank: 48
TPIF Sharpe Ratio Rank: 48
TPIF Sortino Ratio Rank: 47
TPIF Omega Ratio Rank: 48
TPIF Calmar Ratio Rank: 45
TPIF Martin Ratio Rank: 52

VEA

VEA Risk / Return Rank: 59
VEA Sharpe Ratio Rank: 60
VEA Sortino Ratio Rank: 60
VEA Omega Ratio Rank: 60
VEA Calmar Ratio Rank: 55
VEA Martin Ratio Rank: 60

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. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan International ETF (TPIF) and Vanguard FTSE Developed Markets ETF (VEA). 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.

	TPIF	VEA	Difference
Sharpe ratio: Return per unit of total volatility	1.65	2.09	-0.43
Sortino ratio: Return per unit of downside risk	2.30	2.87	-0.57
Omega ratio: Gain probability vs. loss probability	1.30	1.38	-0.08
Calmar ratio: Return relative to maximum drawdown	2.22	2.81	-0.59
Martin ratio: Return relative to average drawdown	8.72	10.94	-2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPIF vs. VEA - Sharpe Ratio Comparison

The current TPIF Sharpe Ratio is 1.65, which is comparable to the VEA Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of TPIF and VEA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TPIF	VEA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	2.09	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.58	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.25	+0.27

Drawdowns

TPIF vs. VEA - Drawdown Comparison

The maximum TPIF drawdown since its inception was -34.02%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for TPIF and VEA.

Drawdown Indicators

	TPIF	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-34.02%	-60.68%	+26.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-11.63%	+1.44%
Max Drawdown (3Y) Largest decline over 3 years	-12.64%	-13.45%	+0.81%
Max Drawdown (5Y) Largest decline over 5 years	-32.11%	-29.71%	-2.40%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-2.01%	-0.90%	-1.11%
Average Drawdown Average peak-to-trough decline	-7.96%	-13.29%	+5.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	2.98%	-0.39%

Volatility

TPIF vs. VEA - Volatility Comparison

The current volatility for Timothy Plan International ETF (TPIF) is 4.76%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 5.66%. This indicates that TPIF experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPIF	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	5.66%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	11.53%	13.32%	-1.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.71%	15.66%	-1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.66%	16.55%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.29%	17.36%	+0.93%

TPIF vs. VEA - Expense Ratio Comparison

TPIF has a 0.62% expense ratio, which is higher than VEA's 0.03% expense ratio.

Dividends

TPIF vs. VEA - Dividend Comparison

TPIF's dividend yield for the trailing twelve months is around 2.62%, which matches VEA's 2.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TPIF Timothy Plan International ETF	2.62%	2.65%	2.98%	2.40%	2.58%	2.38%	1.72%	0.13%	0.00%	0.00%	0.00%	0.00%
VEA Vanguard FTSE Developed Markets ETF	2.62%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both TPIF and VEA in my portfolio?

With a correlation of 0.95, TPIF and VEA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TPIF or VEA?

VEA has higher volatility (5.66%) compared to TPIF (4.76%). In terms of maximum drawdown, TPIF dropped -34.02% vs VEA's -60.68%.

Which ETF is better, TPIF or VEA?

On 5-year performance, VEA leads with 9.60% vs 7.66% for TPIF. On fees, VEA is cheaper at 0.03% per year. On volatility, TPIF has been the lower-risk option at 4.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPIF or VEA?

Over the 5-year period, VEA has performed better with a 9.60% return vs 7.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TPIF or VEA?

VEA is cheaper with a 0.03% expense ratio, compared with 0.62% for TPIF.

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

TPIF and VEA have nearly identical dividend yields, around 2.62%.

What is the main difference between TPIF and VEA?

TPIF tracks Victory International Volatility Weighted BRI Index, while VEA tracks FTSE Developed All Cap ex US Index. They also come from different issuers: Timothy Plan and Vanguard. Their fees differ too: 0.62% for TPIF and 0.03% for VEA.

Which has better risk-adjusted returns?

VEA currently has the higher Sharpe Ratio (2.09 vs 1.65), 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.