TPLC vs. FDLS

Last updated Apr 1, 2026

Compare and contrast key facts about Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) and Inspire Fidelis Multi Factor ETF (FDLS).

TPLC and FDLS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPLC is a passively managed fund by Timothy Plan that tracks the performance of the Victory U.S. Large Cap Volatility Weighted BRI Index. It was launched on Apr 29, 2019. FDLS is a passively managed fund by Inspire that tracks the performance of the WI Fidelis Multi-Cap, Multi-Factor Index - Benchmark TR Gross. It was launched on Aug 23, 2022. Both TPLC and FDLS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TPLC vs. FDLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) and Inspire Fidelis Multi Factor ETF (FDLS). The values are adjusted to include any dividend payments, if applicable.

TPLC vs. FDLS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	2.36%	7.08%	13.10%	15.17%	-2.89%
FDLS Inspire Fidelis Multi Factor ETF	3.62%	22.47%	7.41%	20.70%	-1.68%

Returns By Period

In the year-to-date period, TPLC achieves a 2.36% return, which is significantly lower than FDLS's 3.62% return.

TPLC

• 1D: 1.98%
• 1M: -5.59%
• YTD: 2.36%
• 6M: 0.74%
• 1Y: 10.43%
• 3Y*: 11.50%
• 5Y*: 7.90%
• 10Y*: —

FDLS

• 1D: 2.61%
• 1M: -5.60%
• YTD: 3.62%
• 6M: 6.33%
• 1Y: 32.55%
• 3Y*: 17.02%
• 5Y*: —
• 10Y*: —

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

TPLC vs. FDLS - Expense Ratio Comparison

TPLC has a 0.52% expense ratio, which is lower than FDLS's 0.76% expense ratio.

FDLS

Inspire Fidelis Multi Factor ETF

TPLC

Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund

Return for Risk

TPLC vs. FDLS — Risk / Return Rank

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

TPLC

TPLC Risk / Return Rank: 36
TPLC Sharpe Ratio Rank: 34
TPLC Sortino Ratio Rank: 35
TPLC Omega Ratio Rank: 35
TPLC Calmar Ratio Rank: 35
TPLC Martin Ratio Rank: 43

FDLS

FDLS Risk / Return Rank: 82
FDLS Sharpe Ratio Rank: 81
FDLS Sortino Ratio Rank: 81
FDLS Omega Ratio Rank: 79
FDLS Calmar Ratio Rank: 82
FDLS Martin Ratio Rank: 86

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.

TPLC vs. FDLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) and Inspire Fidelis Multi Factor ETF (FDLS). 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.

	TPLC	FDLS	Difference
Sharpe ratio Return per unit of total volatility	0.62	1.51	-0.89
Sortino ratio Return per unit of downside risk	0.99	2.10	-1.12
Omega ratio Gain probability vs. loss probability	1.14	1.30	-0.16
Calmar ratio Return relative to maximum drawdown	0.89	2.32	-1.44
Martin ratio Return relative to average drawdown	3.99	10.20	-6.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPLC vs. FDLS - Sharpe Ratio Comparison

The current TPLC Sharpe Ratio is 0.62, which is lower than the FDLS Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of TPLC and FDLS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TPLC	FDLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	1.51	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.75	-0.23

Correlation

The correlation between TPLC and FDLS is 0.87, 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.

Dividends

TPLC vs. FDLS - Dividend Comparison

TPLC's dividend yield for the trailing twelve months is around 0.89%, less than FDLS's 0.95% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	0.89%	0.89%	0.88%	0.89%	1.06%	0.61%	0.81%	0.67%
FDLS Inspire Fidelis Multi Factor ETF	0.95%	0.86%	7.26%	0.97%	0.31%	0.00%	0.00%	0.00%

Drawdowns

TPLC vs. FDLS - Drawdown Comparison

The maximum TPLC drawdown since its inception was -38.02%, which is greater than FDLS's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for TPLC and FDLS.

Drawdown Indicators

	TPLC	FDLS	Difference
Max Drawdown Largest peak-to-trough decline	-38.02%	-23.32%	-14.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.42%	-14.05%	+1.63%
Max Drawdown (5Y) Largest decline over 5 years	-21.63%	—	—
Current Drawdown Current decline from peak	-5.76%	-6.22%	+0.46%
Average Drawdown Average peak-to-trough decline	-5.38%	-4.00%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	3.20%	-0.44%

Volatility

TPLC vs. FDLS - Volatility Comparison

The current volatility for Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund (TPLC) is 4.44%, while Inspire Fidelis Multi Factor ETF (FDLS) has a volatility of 7.42%. This indicates that TPLC experiences smaller price fluctuations and is considered to be less risky than FDLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPLC	FDLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	7.42%	-2.98%
Volatility (6M) Calculated over the trailing 6-month period	8.79%	13.67%	-4.88%
Volatility (1Y) Calculated over the trailing 1-year period	16.90%	21.60%	-4.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.16%	19.24%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.06%	19.24%	+0.82%