TSGAX vs. BERIX

Last updated Jun 3, 2026

TSGAX (Timothy Plan Strategic Growth Fund) and BERIX (Chartwell Income Fund) are both Diversified Portfolio funds. Over the past 10 years, TSGAX returned 5.50%/yr vs 4.96%/yr for BERIX. A 0.65 correlation means they provide meaningful diversification when combined. TSGAX charges 1.09%/yr vs 0.64%/yr for BERIX.

Performance

TSGAX vs. BERIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Strategic Growth Fund (TSGAX) and Chartwell Income Fund (BERIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSGAX achieves a 6.77% return, which is significantly higher than BERIX's 4.70% return. Over the past 10 years, TSGAX has outperformed BERIX with an annualized return of 5.50%, while BERIX has yielded a comparatively lower 4.96% annualized return.

TSGAX

• 1D: 0.00%
• 1M: 0.71%
• YTD: 6.77%
• 6M: 7.60%
• 1Y: 14.23%
• 3Y*: 10.44%
• 5Y*: 4.04%
• 10Y*: 5.50%

BERIX

• 1D: 0.12%
• 1M: -0.35%
• YTD: 4.70%
• 6M: 5.63%
• 1Y: 13.75%
• 3Y*: 9.82%
• 5Y*: 4.60%
• 10Y*: 4.96%

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

TSGAX vs. BERIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSGAX Timothy Plan Strategic Growth Fund	6.77%	12.94%	6.01%	7.66%	-13.69%	11.67%	8.13%	18.84%	-12.29%	11.54%
BERIX Chartwell Income Fund	4.70%	13.23%	7.20%	7.77%	-10.14%	7.35%	4.49%	9.69%	-0.81%	3.92%

Correlation

The correlation between TSGAX and BERIX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Oct 2, 2000	0.65

The correlation between TSGAX and BERIX shifts across timeframes, from 0.48 (1 year) to 0.70 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

TSGAX vs. BERIX — Risk / Return Rank

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

TSGAX

TSGAX Risk / Return Rank: 33
TSGAX Sharpe Ratio Rank: 31
TSGAX Sortino Ratio Rank: 32
TSGAX Omega Ratio Rank: 30
TSGAX Calmar Ratio Rank: 32
TSGAX Martin Ratio Rank: 38

BERIX

BERIX Risk / Return Rank: 89
BERIX Sharpe Ratio Rank: 89
BERIX Sortino Ratio Rank: 80
BERIX Omega Ratio Rank: 87
BERIX Calmar Ratio Rank: 95
BERIX Martin Ratio Rank: 93

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.

TSGAX vs. BERIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Strategic Growth Fund (TSGAX) and Chartwell Income Fund (BERIX). 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.

	TSGAX	BERIX	Difference
Sharpe ratio Return per unit of total volatility	1.61	2.91	-1.30
Sortino ratio Return per unit of downside risk	2.36	3.79	-1.43
Omega ratio Gain probability vs. loss probability	1.29	1.60	-0.31
Calmar ratio Return relative to maximum drawdown	2.14	5.64	-3.50
Martin ratio Return relative to average drawdown	8.29	20.27	-11.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSGAX vs. BERIX - Sharpe Ratio Comparison

The current TSGAX Sharpe Ratio is 1.61, which is lower than the BERIX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of TSGAX and BERIX, 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

	TSGAX	BERIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	2.91	-1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.78	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.83	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	1.07	-0.88

Drawdowns

TSGAX vs. BERIX - Drawdown Comparison

The maximum TSGAX drawdown since its inception was -54.36%, which is greater than BERIX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for TSGAX and BERIX.

Drawdown Indicators

	TSGAX	BERIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.36%	-20.34%	-34.02%
Max Drawdown (1Y) Largest decline over 1 year	-6.75%	-2.51%	-4.24%
Max Drawdown (3Y) Largest decline over 3 years	-10.10%	-5.82%	-4.28%
Max Drawdown (5Y) Largest decline over 5 years	-19.78%	-15.73%	-4.05%
Max Drawdown (10Y) Largest decline over 10 years	-27.47%	-20.34%	-7.13%
Current Drawdown Current decline from peak	-0.35%	-1.15%	+0.80%
Average Drawdown Average peak-to-trough decline	-11.66%	-2.59%	-9.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	0.70%	+1.05%

Volatility

TSGAX vs. BERIX - Volatility Comparison

Timothy Plan Strategic Growth Fund (TSGAX) has a higher volatility of 2.73% compared to Chartwell Income Fund (BERIX) at 1.33%. This indicates that TSGAX's price experiences larger fluctuations and is considered to be riskier than BERIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSGAX	BERIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.73%	1.33%	+1.40%
Volatility (6M) Calculated over the trailing 6-month period	7.02%	4.23%	+2.79%
Volatility (1Y) Calculated over the trailing 1-year period	9.11%	4.89%	+4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	5.94%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.33%	6.01%	+5.32%

TSGAX vs. BERIX - Expense Ratio Comparison

TSGAX has a 1.09% expense ratio, which is higher than BERIX's 0.64% expense ratio.

Dividends

TSGAX vs. BERIX - Dividend Comparison

TSGAX's dividend yield for the trailing twelve months is around 1.09%, less than BERIX's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BERIX Chartwell Income Fund	4.06%	3.97%	3.90%	3.36%	3.54%	2.58%	3.07%	3.03%	5.83%	5.22%	2.76%	2.45%
TSGAX Timothy Plan Strategic Growth Fund	1.09%	1.17%	3.33%	1.57%	7.33%	4.70%	3.40%	3.72%	0.36%	0.00%	0.00%	0.34%

Frequently Asked Questions

Can I hold both TSGAX and BERIX in my portfolio?

TSGAX and BERIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSGAX or BERIX?

TSGAX has higher volatility (2.73%) compared to BERIX (1.33%). In terms of maximum drawdown, TSGAX dropped -54.36% vs BERIX's -20.34%.

Which has better risk-adjusted returns?

BERIX currently has the higher Sharpe Ratio (2.91 vs 1.61), 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.