TPSC vs. TPHD

Last updated Jun 4, 2026

TPSC (Timothy Plan US Small Cap Core ETF) and TPHD (Timothy Plan High Dividend Stock ETF) are both exchange-traded funds - TPSC is a Small Cap Blend Equities fund tracking the Victory U.S. Small Cap Volatility Weighted BRI, 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, TPSC returned 7.07%/yr vs 8.52%/yr for TPHD. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.52% expense ratio.

Performance

TPSC vs. TPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan US Small Cap Core ETF (TPSC) 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, TPSC achieves a 9.32% return, which is significantly higher than TPHD's 8.56% return.

TPSC

• 1D: -0.67%
• 1M: 0.13%
• YTD: 9.32%
• 6M: 8.70%
• 1Y: 20.18%
• 3Y*: 14.55%
• 5Y*: 7.07%
• 10Y*: —

TPHD

• 1D: 0.03%
• 1M: -1.27%
• YTD: 8.56%
• 6M: 7.69%
• 1Y: 13.23%
• 3Y*: 13.21%
• 5Y*: 8.52%
• 10Y*: —

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

TPSC vs. TPHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TPSC Timothy Plan US Small Cap Core ETF	9.32%	7.34%	11.50%	17.64%	-13.46%	29.74%	10.27%	3.39%
TPHD Timothy Plan High Dividend Stock ETF	8.56%	8.28%	12.14%	8.86%	-1.91%	27.98%	-1.30%	4.57%

Correlation

The correlation between TPSC and TPHD is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019	0.83

The correlation between TPSC and TPHD has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.

TPSC vs. TPHD - Sectors Allocation Comparison

Sectors	TPSC	TPHD
Financial Services	24.0%	12.6%
Industrials	18.5%	18.3%
Consumer Cyclical	13.7%	8.9%
Technology	12.4%	8.8%
Healthcare	7.0%	2.5%
Utilities	6.8%	24.1%
Energy	5.9%	15.4%
Consumer Defensive	5.3%	4.2%
Basic Materials	5.2%	5.3%
Real Estate	0.7%	0.0%
Communication Services	0.6%	0.0%

Return for Risk

TPSC vs. TPHD — Risk / Return Rank

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

TPSC

TPSC Risk / Return Rank: 40
TPSC Sharpe Ratio Rank: 36
TPSC Sortino Ratio Rank: 38
TPSC Omega Ratio Rank: 34
TPSC Calmar Ratio Rank: 46
TPSC Martin Ratio Rank: 45

TPHD

TPHD Risk / Return Rank: 38
TPHD Sharpe Ratio Rank: 35
TPHD Sortino Ratio Rank: 36
TPHD Omega Ratio Rank: 33
TPHD Calmar Ratio Rank: 44
TPHD Martin Ratio Rank: 39

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.

TPSC vs. TPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan US Small Cap Core ETF (TPSC) 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.

	TPSC	TPHD	Difference
Sharpe ratio: Return per unit of total volatility	1.29	1.27	+0.01
Sortino ratio: Return per unit of downside risk	1.98	1.92	+0.06
Omega ratio: Gain probability vs. loss probability	1.23	1.22	+0.01
Calmar ratio: Return relative to maximum drawdown	2.27	2.19	+0.08
Martin ratio: Return relative to average drawdown	7.35	6.20	+1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPSC vs. TPHD - Sharpe Ratio Comparison

The current TPSC Sharpe Ratio is 1.29, which is comparable to the TPHD Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of TPSC 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.

Sharpe Ratios by Period

	TPSC	TPHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	1.27	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.59	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.51	-0.06

Drawdowns

TPSC vs. TPHD - Drawdown Comparison

The maximum TPSC drawdown since its inception was -41.79%, roughly equal to the maximum TPHD drawdown of -41.71%. Use the drawdown chart below to compare losses from any high point for TPSC and TPHD.

Drawdown Indicators

	TPSC	TPHD	Difference
Max Drawdown Largest peak-to-trough decline	-41.79%	-41.71%	-0.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-6.08%	-2.87%
Max Drawdown (3Y) Largest decline over 3 years	-23.44%	-15.89%	-7.55%
Max Drawdown (5Y) Largest decline over 5 years	-23.63%	-16.54%	-7.09%
Current Drawdown Current decline from peak	-1.48%	-3.25%	+1.77%
Average Drawdown Average peak-to-trough decline	-8.43%	-4.73%	-3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	2.14%	+0.61%

Volatility

TPSC vs. TPHD - Volatility Comparison

Timothy Plan US Small Cap Core ETF (TPSC) has a higher volatility of 3.96% compared to Timothy Plan High Dividend Stock ETF (TPHD) at 2.60%. This indicates that TPSC'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

	TPSC	TPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	2.60%	+1.36%
Volatility (6M) Calculated over the trailing 6-month period	10.59%	7.35%	+3.24%
Volatility (1Y) Calculated over the trailing 1-year period	15.80%	10.48%	+5.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.90%	14.60%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	19.63%	+4.84%

TPSC vs. TPHD - Expense Ratio Comparison

Both TPSC and TPHD have an expense ratio of 0.52%.

Dividends

TPSC vs. TPHD - Dividend Comparison

TPSC's dividend yield for the trailing twelve months is around 1.02%, less than TPHD's 2.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TPHD Timothy Plan High Dividend Stock ETF	2.00%	2.10%	2.09%	2.19%	2.38%	1.86%	2.38%	1.61%
TPSC Timothy Plan US Small Cap Core ETF	1.02%	1.07%	0.97%	1.06%	1.07%	1.12%	1.13%	0.07%

Frequently Asked Questions

Can I hold both TPSC and TPHD in my portfolio?

TPSC and TPHD have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPSC or TPHD?

TPSC has higher volatility (3.96%) compared to TPHD (2.60%). In terms of maximum drawdown, TPSC dropped -41.79% vs TPHD's -41.71%.

Which ETF is better, TPSC or TPHD?

On 5-year performance, TPHD leads with 8.52% vs 7.07% for TPSC. Both ETFs have the same 0.52% expense ratio. On volatility, TPHD has been the lower-risk option at 2.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPSC or TPHD?

Over the 5-year period, TPHD has performed better with a 8.52% return vs 7.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TPSC or TPHD?

TPSC and TPHD have the same expense ratio: 0.52% per year.

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

TPHD has the higher dividend yield at 2.00%, compared with 1.02% for TPSC.

What is the main difference between TPSC and TPHD?

TPSC is categorized as Small Cap Blend Equities, while TPHD is Mid Cap Value Equities. TPSC tracks Victory U.S. Small Cap Volatility Weighted BRI, while TPHD tracks Victory US Large Cap High Dividend Volatility Weighted BRI Index.

Which has better risk-adjusted returns?

TPSC currently has the higher Sharpe Ratio (1.29 vs 1.27), 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.