MFM vs TPIF

Comparison between MFS Municipal Income Trust (MFM, ETF) and TIMOTHY PLAN INTERNATIONAL ETF (TPIF, ETF).

5-Year PerformanceTPIF has outperformed MFM, delivering a return of +7.7% compared to -0.4%

MFM vs TPIF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MFM(ETF)	TPIF(ETF)
Net Assets	$247M	$247M
Expense Ratio	N/A	0.62%
Max Drawdown	59.26%	34.40%
Sharpe Ratio	0.87	1.17
5Y Beta	0.15	0.67
5Y Dividends CAGR	-1.90%	14.58%

Net Assets

Winner

MFM

$247M

TPIF

$247M

Expense Ratio

MFM

N/A

TPIF

0.62%

Max Drawdown

MFM

59.26%

Winner

TPIF

34.40%

Sharpe Ratio

MFM

0.87

Winner

TPIF

1.17

5Y Beta

Winner

MFM

0.15

TPIF

0.67

5Y Dividends CAGR

MFM

-1.90%

Winner

TPIF

14.58%

MFM vs TPIF - Historical Returns

Returns include dividend reinvestment.

Period	MFM	TPIF
1 month	+0.63%	-0.22%
3 months	+3.03%	+5.35%
6 months	+4.68%	+10.89%
1 year	+12.07%	+20.49%
5 years(CAGR)	-0.39%	+7.66%
10 years(CAGR)	+1.89%	N/A
Max(CAGR)	+5.04%	+9.31%

Winner

MFM

+0.63%

TPIF

-0.22%

MFM

+3.03%

Winner

TPIF

+5.35%

MFM

+4.68%

Winner

TPIF

+10.89%

MFM

+12.07%

Winner

TPIF

+20.49%

5Y(CAGR)

MFM

-0.39%

Winner

TPIF

+7.66%

10Y(CAGR)

MFM

+1.89%

TPIF

N/A

Max(CAGR)

MFM

+5.04%

Winner

TPIF

+9.31%

MFM vs TPIF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MFM	TPIF
2026	+4.70%	+8.58%
2025	+6.36%	+36.00%
2024	+7.72%	+4.68%
2023	+4.52%	+16.44%
2022	-21.84%	-18.16%
2021	+9.78%	+9.21%
2020	-1.42%	+6.41%
2019	+16.86%	+3.65%
2018	-5.41%	N/A
2017	+8.63%	N/A
2016	+1.49%	N/A
2015	+8.74%	N/A
2014	+13.39%	N/A
2013	-14.36%	N/A
2012	+14.85%	N/A
2011	+18.24%	N/A
2010	+0.65%	N/A
2009	+70.75%	N/A
2008	-36.78%	N/A
2007	-13.70%	N/A
2006	+11.48%	N/A
2005	+9.19%	N/A
2004	+8.26%	N/A
2003	+13.39%	N/A
2002	-1.94%	N/A
2001	+10.39%	N/A
2000	+13.66%	N/A
1999	-7.97%	N/A

MFM vs TPIF Drawdown Comparison

The maximum drawdown for MFM was -54.24%, occurring on Dec 16, 2008. Recovery took 759 trading sessions.

The maximum drawdown for TPIF was -34.01%, occurring on Mar 23, 2020. Recovery took 207 trading sessions.

The current MFM drawdown is -6.83%. The current TPIF drawdown is -1.78%.

Rank	MFM	TPIF
#1	-54.24% Apr 2, 2007 - Apr 7, 2010	-34.01% Jan 17, 2020 - Nov 11, 2020
#2	-34.38% Jul 29, 2021 - Oct 27, 2023	-32.10% Sep 3, 2021 - Aug 21, 2024
#3	-29.37% Feb 14, 2020 - May 6, 2021	-11.68% Mar 19, 2025 - Apr 22, 2025
#4	-24.74% Oct 1, 2012 - Dec 24, 2015	-10.19% Feb 26, 2026 - Mar 20, 2026
#5	-15.37% Mar 25, 2004 - Oct 27, 2004	-10.15% Sep 26, 2024 - Mar 5, 2025
#6	-15.26% Oct 29, 2010 - Sep 12, 2011	-4.88% Jan 8, 2021 - Feb 16, 2021
#7	-13.45% Nov 4, 1999 - Jun 2, 2000	-4.72% Nov 12, 2025 - Dec 10, 2025
#8	-12.02% Jul 8, 2016 - Jun 6, 2017	-3.92% Feb 16, 2021 - Apr 1, 2021
#9	-11.92% Sep 17, 2001 - Oct 4, 2002	-3.79% Jul 23, 2025 - Aug 13, 2025
#10	-11.67% Jul 13, 2017 - Feb 20, 2019	-3.72% Jun 7, 2021 - Jul 29, 2021
#11	-10.96% Aug 31, 2000 - Jan 4, 2001	-3.35% May 7, 2021 - May 24, 2021
#12	-10.86% Oct 4, 2002 - May 9, 2003	-2.88% Oct 6, 2025 - Oct 23, 2025
#13	-10.56% Jun 11, 2003 - Jan 6, 2004	-2.77% Aug 30, 2024 - Sep 16, 2024
#14	-9.57% Sep 13, 2005 - Jan 19, 2006	-2.57% Aug 13, 2021 - Sep 2, 2021
#15	-8.19% Feb 11, 2005 - May 11, 2005	-2.47% Aug 22, 2025 - Sep 11, 2025

Correlation

Correlation between MFM and TPIF is 0.49 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.49

-101

Dividend Comparison (2000 - 2026)

MFM vs TPIF dividend yield comparison.

Year	MFM	TPIF
2026	2.18%	1.52%
2025	5.08%	2.65%
2024	4.65%	2.98%
2023	4.12%	2.40%
2022	4.85%	2.58%
2021	4.34%	2.38%
2020	4.70%	1.72%
2019	4.71%	0.13%
2018	5.91%	0.00%
2017	5.62%	0.00%
2016	5.72%	0.00%
2015	5.76%	0.00%
2014	6.04%	0.00%
2013	7.08%	0.00%
2012	6.31%	0.00%
2011	7.09%	0.00%
2010	7.86%	0.00%
2009	7.32%	0.00%
2008	11.29%	0.00%
2007	6.82%	0.00%
2006	5.82%	0.00%
2005	6.93%	0.00%
2004	7.10%	0.00%
2003	7.04%	0.00%
2002	7.38%	0.00%
2001	6.92%	0.00%
2000	3.01%	0.00%