TPLNX vs. TPDIX

Last updated Aug 1, 2026

TPLNX (Timothy Plan Small Cap Value Fund) and TPDIX (Timothy Plan Defensive Strategies Fund Class I) are both mutual funds - TPLNX is a Small Cap Blend Equities fund managed by Timothy Plan, while TPDIX is a Tactical Allocation fund actively managed by Timothy Plan. Over the past 10 years, TPLNX returned 9.14%/yr vs 6.77%/yr for TPDIX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. TPLNX charges 1.52%/yr vs 1.09%/yr for TPDIX.

Performance

TPLNX vs. TPDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Small Cap Value Fund (TPLNX) and Timothy Plan Defensive Strategies Fund Class I (TPDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TPLNX achieves a 14.40% return, which is significantly higher than TPDIX's 8.48% return. Over the past 10 years, TPLNX has outperformed TPDIX with an annualized return of 9.14%, while TPDIX has yielded a comparatively lower 6.77% annualized return.

TPLNX

• 1D: 0.48%
• 1M: -0.91%
• 6M: 8.42%
• YTD: 14.40%
• 1Y: 16.92%
• 3Y*: 10.63%
• 5Y*: 6.93%
• 10Y*: 9.14%
• ALL TIME*: 8.25%

TPDIX

• 1D: 0.38%
• 1M: 1.26%
• 6M: 0.99%
• YTD: 8.48%
• 1Y: 22.04%
• 3Y*: 13.52%
• 5Y*: 8.45%
• 10Y*: 6.77%
• ALL TIME*: 5.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TPDIX Timothy Plan Defensive Strategies Fund Class I	$0.00	$0.00	$0.00
TPLNX Timothy Plan Small Cap Value Fund	$0.00	$0.00	$0.00

TPLNX vs. TPDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TPLNX Timothy Plan Small Cap Value Fund	14.40%	0.58%	11.18%	17.31%	-13.13%	28.12%	2.00%	28.29%	-15.66%	12.94%
TPDIX Timothy Plan Defensive Strategies Fund Class I	8.48%	24.23%	5.55%	8.07%	-5.48%	12.45%	9.11%	14.02%	-6.96%	4.45%

Correlation

The correlation between TPLNX and TPDIX is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.46
Correlation (3Y) Balances recent behavior with more history.	0.51
Correlation (5Y) Shows whether the relationship held over a longer period.	0.58
Correlation (10Y) Provides a long-term view across more market conditions.	0.57
Correlation (All Time) Calculated using the full available price history since Aug 7, 2013	0.57

The correlation between TPLNX and TPDIX shifts across timeframes, from 0.46 (1 year) to 0.58 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TPLNX vs. TPDIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TPLNX

TPLNX Risk / Return Rank: 25
TPLNX Sharpe Ratio Rank: 22
TPLNX Sortino Ratio Rank: 26
TPLNX Omega Ratio Rank: 22
TPLNX Calmar Ratio Rank: 31
TPLNX Martin Ratio Rank: 25

TPDIX

TPDIX Risk / Return Rank: 70
TPDIX Sharpe Ratio Rank: 79
TPDIX Sortino Ratio Rank: 70
TPDIX Omega Ratio Rank: 76
TPDIX Calmar Ratio Rank: 81
TPDIX Martin Ratio Rank: 44

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TPLNX vs. TPDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Small Cap Value Fund (TPLNX) and Timothy Plan Defensive Strategies Fund Class I (TPDIX). 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.

	TPLNX	TPDIX	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.91	-1.10
Sortino ratio: Return per unit of downside risk	1.36	2.48	-1.12
Omega ratio: Gain probability vs. loss probability	1.15	1.35	-0.20
Calmar ratio: Return relative to maximum drawdown	1.37	2.76	-1.40
Martin ratio: Return relative to average drawdown	3.69	6.68	-3.00

TPLNX vs. TPDIX - Sharpe Ratio Comparison

The current TPLNX Sharpe Ratio is 0.81, which is lower than the TPDIX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of TPLNX and TPDIX, 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

TPLNX vs. TPDIX - Drawdown Comparison

The maximum TPLNX drawdown since its inception was -55.96%, which is greater than TPDIX's maximum drawdown of -22.26%. Use the drawdown chart below to compare losses from any high point for TPLNX and TPDIX.

Drawdown Indicators

	TPLNX	TPDIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.96%	-22.26%	-33.70%
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	-8.03%	-2.01%
Max Drawdown (3Y) Largest decline over 3 years	-23.49%	-8.03%	-15.46%
Max Drawdown (5Y) Largest decline over 5 years	-25.75%	-17.43%	-8.32%
Max Drawdown (10Y) Largest decline over 10 years	-43.18%	-22.26%	-20.92%
Current Drawdown Current decline from peak	-2.63%	-5.73%	+3.10%
Average Drawdown Average peak-to-trough decline	-8.70%	-4.15%	-4.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	3.32%	+0.41%

Volatility

TPLNX vs. TPDIX - Volatility Comparison

Timothy Plan Small Cap Value Fund (TPLNX) has a higher volatility of 3.60% compared to Timothy Plan Defensive Strategies Fund Class I (TPDIX) at 2.23%. This indicates that TPLNX's price experiences larger fluctuations and is considered to be riskier than TPDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPLNX	TPDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	2.23%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	11.45%	9.56%	+1.89%
Volatility (1Y) Calculated over the trailing 1-year period	16.93%	11.67%	+5.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.43%	10.26%	+10.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.10%	9.97%	+12.13%

TPLNX vs. TPDIX - Expense Ratio Comparison

TPLNX has a 1.52% expense ratio, which is higher than TPDIX's 1.09% expense ratio.

Dividends

TPLNX vs. TPDIX - Dividend Comparison

TPLNX's dividend yield for the trailing twelve months is around 4.51%, more than TPDIX's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TPDIX Timothy Plan Defensive Strategies Fund Class I	0.94%	1.02%	3.02%	2.61%	4.73%	0.70%	0.00%	3.18%	3.02%	0.41%	0.60%	0.00%
TPLNX Timothy Plan Small Cap Value Fund	4.51%	5.17%	12.41%	3.95%	6.72%	9.40%	0.16%	3.68%	16.26%	9.20%	1.34%	9.66%

Frequently Asked Questions

Can I hold both TPLNX and TPDIX in my portfolio?

TPLNX and TPDIX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPLNX or TPDIX?

TPLNX has higher volatility (3.60%) compared to TPDIX (2.23%). In terms of maximum drawdown, TPLNX dropped -55.96% vs TPDIX's -22.26%.

Which has better risk-adjusted returns?

TPDIX currently has the higher Sharpe Ratio (1.91 vs 0.81), 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.