TPIF vs MFM

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

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

TPIF vs MFM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TPIF(ETF)	MFM(ETF)
Net Assets	$247M	$247M
Expense Ratio	0.62%	N/A
Max Drawdown	34.40%	59.26%
Sharpe Ratio	1.16	0.91
5Y Beta	0.67	0.15
5Y Dividends CAGR	14.58%	-1.90%

Net Assets

TPIF

$247M

Winner

MFM

$247M

Expense Ratio

TPIF

0.62%

MFM

N/A

Max Drawdown

Winner

TPIF

34.40%

MFM

59.26%

Sharpe Ratio

Winner

TPIF

1.16

MFM

0.91

5Y Beta

TPIF

0.67

Winner

MFM

0.15

5Y Dividends CAGR

Winner

TPIF

14.58%

MFM

-1.90%

TPIF vs MFM - Historical Returns

Returns include dividend reinvestment.

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

TPIF

-0.22%

Winner

MFM

+0.63%

Winner

TPIF

+5.35%

MFM

+3.03%

Winner

TPIF

+10.89%

MFM

+4.68%

Winner

TPIF

+20.49%

MFM

+12.07%

5Y(CAGR)

Winner

TPIF

+7.66%

MFM

-0.39%

10Y(CAGR)

TPIF

N/A

MFM

+1.89%

Max(CAGR)

Winner

TPIF

+9.31%

MFM

+5.04%

TPIF vs MFM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

TPIF vs MFM Drawdown Comparison

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

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

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

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

Correlation

Correlation between TPIF and MFM 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)

TPIF vs MFM dividend yield comparison.

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