TPSC vs. WCEO

Last updated Jun 4, 2026

TPSC (Timothy Plan US Small Cap Core ETF) and WCEO (Hypatia Women CEO ETF) are both Small Cap Blend Equities funds. TPSC is passively managed, while WCEO is actively managed. Over the past 3 years, TPSC returned 14.55%/yr vs 14.56%/yr for WCEO. Their correlation of 0.94 suggests significant overlap in exposure. TPSC charges 0.52%/yr vs 0.85%/yr for WCEO.

Performance

TPSC vs. WCEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan US Small Cap Core ETF (TPSC) and Hypatia Women CEO ETF (WCEO). 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 lower than WCEO's 11.34% return.

TPSC

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

WCEO

• 1D: -0.81%
• 1M: 2.32%
• YTD: 11.34%
• 6M: 12.19%
• 1Y: 29.95%
• 3Y*: 14.56%
• 5Y*: —
• 10Y*: —

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

TPSC vs. WCEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TPSC Timothy Plan US Small Cap Core ETF	9.32%	7.34%	11.50%	14.63%
WCEO Hypatia Women CEO ETF	11.34%	9.77%	8.28%	11.35%

Correlation

The correlation between TPSC and WCEO is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 10, 2023	0.94

The correlation between TPSC and WCEO has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

TPSC vs. WCEO - Sectors Allocation Comparison

Sectors	TPSC	WCEO
Financial Services	24.0%	15.8%
Industrials	18.5%	13.0%
Consumer Cyclical	13.7%	15.2%
Technology	12.4%	15.8%
Healthcare	7.0%	11.8%
Utilities	6.8%	2.3%
Energy	5.9%	6.9%
Consumer Defensive	5.3%	3.5%
Basic Materials	5.2%	5.1%
Real Estate	0.7%	6.2%
Communication Services	0.6%	4.5%

Return for Risk

TPSC vs. WCEO — 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

WCEO

WCEO Risk / Return Rank: 66
WCEO Sharpe Ratio Rank: 58
WCEO Sortino Ratio Rank: 62
WCEO Omega Ratio Rank: 55
WCEO Calmar Ratio Rank: 82
WCEO Martin Ratio Rank: 72

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. WCEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan US Small Cap Core ETF (TPSC) and Hypatia Women CEO ETF (WCEO). 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	WCEO	Difference
Sharpe ratio Return per unit of total volatility	1.29	1.98	-0.70
Sortino ratio Return per unit of downside risk	1.98	2.92	-0.94
Omega ratio Gain probability vs. loss probability	1.23	1.34	-0.11
Calmar ratio Return relative to maximum drawdown	2.27	4.33	-2.06
Martin ratio Return relative to average drawdown	7.35	13.47	-6.12
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. WCEO - Sharpe Ratio Comparison

The current TPSC Sharpe Ratio is 1.29, which is lower than the WCEO Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of TPSC and WCEO, 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	WCEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	1.98	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.67	-0.22

Drawdowns

TPSC vs. WCEO - Drawdown Comparison

The maximum TPSC drawdown since its inception was -41.79%, which is greater than WCEO's maximum drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for TPSC and WCEO.

Drawdown Indicators

	TPSC	WCEO	Difference
Max Drawdown Largest peak-to-trough decline	-41.79%	-25.88%	-15.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-6.96%	-1.99%
Max Drawdown (3Y) Largest decline over 3 years	-23.44%	-25.88%	+2.44%
Max Drawdown (5Y) Largest decline over 5 years	-23.63%	—	—
Current Drawdown Current decline from peak	-1.48%	-0.81%	-0.67%
Average Drawdown Average peak-to-trough decline	-8.43%	-5.52%	-2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	2.23%	+0.52%

Volatility

TPSC vs. WCEO - Volatility Comparison

Timothy Plan US Small Cap Core ETF (TPSC) has a higher volatility of 3.96% compared to Hypatia Women CEO ETF (WCEO) at 3.34%. This indicates that TPSC's price experiences larger fluctuations and is considered to be riskier than WCEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPSC	WCEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	3.34%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	10.59%	10.22%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	15.80%	15.22%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.90%	18.13%	+1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.47%	18.13%	+6.34%

TPSC vs. WCEO - Expense Ratio Comparison

TPSC has a 0.52% expense ratio, which is lower than WCEO's 0.85% expense ratio.

Dividends

TPSC vs. WCEO - Dividend Comparison

TPSC's dividend yield for the trailing twelve months is around 1.02%, more than WCEO's 0.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TPSC Timothy Plan US Small Cap Core ETF	1.02%	1.07%	0.97%	1.06%	1.07%	1.12%	1.13%	0.07%
WCEO Hypatia Women CEO ETF	0.58%	0.64%	0.88%	0.93%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TPSC and WCEO in my portfolio?

With a correlation of 0.90, TPSC and WCEO 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, TPSC or WCEO?

TPSC has higher volatility (3.96%) compared to WCEO (3.34%). In terms of maximum drawdown, TPSC dropped -41.79% vs WCEO's -25.88%.

Which ETF is better, TPSC or WCEO?

On 3-year performance, WCEO leads with 14.56% vs 14.55% for TPSC. On fees, TPSC is cheaper at 0.52% per year. On volatility, WCEO has been the lower-risk option at 3.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TPSC or WCEO?

Over the 3-year period, WCEO has performed better with a 14.56% return vs 14.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TPSC or WCEO?

TPSC is cheaper with a 0.52% expense ratio, compared with 0.85% for WCEO.

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

TPSC has the higher dividend yield at 1.02%, compared with 0.58% for WCEO.

What is the main difference between TPSC and WCEO?

They also come from different issuers: Timothy Plan and Hypatia Capital. Their fees differ too: 0.52% for TPSC and 0.85% for WCEO.

Which has better risk-adjusted returns?

WCEO currently has the higher Sharpe Ratio (1.98 vs 1.29), 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.