TPLC vs. FHEQ ETF Comparison

Comparison of Timothy Plan US Large Cap Core ETF (TPLC) to Fidelity Hedged Equity ETF (FHEQ)

TPLC

Timothy Plan US Large Cap Core ETF

TPLC Description

The investment seeks to provide investment results that track the performance of the Victory US Large Cap Volatility Weighted BRI Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets directly or indirectly in the securities included in the Victory US Large Cap Volatility Weighted BRI Index, an unmanaged, volatility weighted index created by the Sub-Advisor. The index combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities.

Grade (RS Rating)

Last Trade

$45.89

Average Daily Volume

19,140

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	TPLC	FHEQ
30 Days	4.39%	2.51%
60 Days	5.09%	3.80%
90 Days	7.19%	4.54%
12 Months	29.41%

48 Overlapping Holdings

Symbol	Grade	Weight in TPLC	Weight in FHEQ	Overlap
ALLE	D	0.4%	0.44%	0.4%
AME	A	0.48%	0.22%	0.22%
ANET	C	0.19%	0.08%	0.08%
AVGO	D	0.16%	1.49%	0.16%
BLD	D	0.2%	0.05%	0.05%
CAH	B	0.46%	0.4%	0.4%
CAT	B	0.33%	0.48%	0.33%
CINF	A	0.48%	0.12%	0.12%
CMG	B	0.3%	0.49%	0.3%
COST	B	0.48%	0.45%	0.45%
CSX	B	0.49%	0.43%	0.43%
CTAS	B	0.52%	0.66%	0.52%
CVNA	B	0.13%	0.52%	0.13%
DOCU	A	0.31%	0.18%	0.18%
DVN	F	0.32%	0.53%	0.32%
EOG	A	0.42%	0.43%	0.42%
FTNT	C	0.25%	0.24%	0.24%
GEHC	F	0.27%	0.17%	0.17%
GRMN	B	0.41%	0.31%	0.31%
HWM	A	0.29%	0.27%	0.27%
IDXX	F	0.29%	0.26%	0.26%
INCY	C	0.37%	0.27%	0.27%
KLAC	D	0.16%	0.54%	0.16%
LDOS	C	0.47%	0.32%	0.32%
LPLA	A	0.36%	0.03%	0.03%
MKL	A	0.48%	0.09%	0.09%
MSCI	C	0.29%	0.49%	0.29%
NBIX	C	0.27%	0.11%	0.11%
NEE	D	0.32%	0.73%	0.32%
NOW	A	0.27%	0.34%	0.27%
NSC	B	0.34%	0.26%	0.26%
NUE	C	0.32%	0.32%	0.32%
NVDA	C	0.17%	7.27%	0.17%
PCAR	B	0.37%	0.42%	0.37%
PPG	F	0.45%	0.34%	0.34%
ROST	C	0.42%	0.1%	0.1%
RSG	A	0.64%	0.2%	0.2%
SOLV	C	0.25%	0.12%	0.12%
SQ	B	0.24%	0.59%	0.24%
TSLA	B	0.24%	1.26%	0.24%
TT	A	0.38%	0.69%	0.38%
TXT	D	0.36%	0.51%	0.36%
UNP	C	0.49%	0.73%	0.49%
UTHR	C	0.33%	0.05%	0.05%
VEEV	C	0.31%	0.12%	0.12%
VST	B	0.19%	0.11%	0.11%
WM	A	0.5%	0.38%	0.38%
ZBRA	B	0.28%	0.47%	0.28%

TPLC Overweight 236 Positions Relative to FHEQ

Symbol	Grade	Weight
NI	A	0.64%
ATO	A	0.63%
KMI	A	0.6%
ETR	B	0.59%
EVRG	A	0.58%
ITW	B	0.58%
LIN	D	0.58%
ICE	C	0.58%
LNG	B	0.57%
WMB	A	0.57%
BRO	B	0.56%
LNT	A	0.56%
AEE	A	0.56%
WEC	A	0.55%
PEG	A	0.55%
COR	B	0.55%
AJG	B	0.55%
CMS	C	0.54%
OKE	A	0.54%
SO	D	0.53%
PKG	A	0.53%
GD	F	0.52%
SYK	C	0.52%
ED	D	0.52%
AFG	A	0.52%
NDAQ	A	0.52%
PAYX	C	0.52%
TRGP	B	0.51%
SCI	B	0.5%
VRSK	A	0.49%
ROP	B	0.49%
VRSN	F	0.49%
SNA	A	0.48%
GGG	B	0.48%
AEP	D	0.48%
SSNC	B	0.48%
IEX	B	0.48%
IBKR	A	0.47%
DTE	C	0.47%
CNP	B	0.47%
ORLY	B	0.46%
CTSH	B	0.46%
GWW	B	0.46%
HEI	B	0.46%
AVY	D	0.45%
JKHY	D	0.45%
COP	C	0.45%
OTIS	C	0.45%
KMB	D	0.45%
DOV	A	0.45%
TW	A	0.45%
CPRT	A	0.44%
CW	B	0.44%
AWK	D	0.44%
PTC	A	0.44%
SHW	A	0.43%
VMC	B	0.43%
AFL	B	0.43%
JEF	A	0.43%
RGA	A	0.43%
CTRA	B	0.43%
CBOE	B	0.43%
WAB	B	0.43%
PFG	D	0.43%
FAST	B	0.43%
SYY	B	0.43%
MORN	B	0.42%
ISRG	A	0.42%
ROL	B	0.42%
RPM	A	0.42%
WRB	A	0.42%
LYB	F	0.41%
MLM	B	0.41%
FIS	C	0.41%
EQH	B	0.41%
EXPD	D	0.41%
ACM	A	0.41%
USFD	A	0.4%
OXY	D	0.4%
BKR	B	0.4%
TDY	B	0.4%
TRMB	B	0.4%
RNR	C	0.4%
ACGL	D	0.4%
EWBC	A	0.39%
TXRH	C	0.39%
LYV	A	0.39%
DE	A	0.39%
STE	F	0.39%
CPB	D	0.39%
TYL	B	0.38%
SJM	D	0.38%
XYL	D	0.38%
EG	C	0.38%
FTV	C	0.38%
IT	C	0.38%
MKC	D	0.37%
CPAY	A	0.37%
FFIV	B	0.37%
TDG	D	0.37%
KVUE	A	0.36%
PH	A	0.36%
IP	B	0.36%
APH	A	0.36%
EMN	D	0.36%
PAG	B	0.36%
JBHT	C	0.35%
NVR	D	0.35%
EQT	B	0.35%
STLD	B	0.35%
REGN	F	0.35%
CLH	B	0.35%
RS	B	0.35%
TSCO	D	0.34%
IR	B	0.34%
DHR	F	0.34%
HAL	C	0.34%
SLB	C	0.34%
PSX	C	0.34%
WSO	A	0.34%
AXON	A	0.34%
PR	B	0.33%
MAS	D	0.33%
BG	F	0.33%
GPC	D	0.33%
HCA	F	0.33%
CF	B	0.33%
FCNCA	A	0.33%
OVV	B	0.33%
ITT	A	0.33%
RYAN	B	0.32%
DVA	B	0.32%
OWL	A	0.32%
AOS	F	0.32%
FICO	B	0.32%
LII	A	0.32%
VLO	C	0.31%
CASY	A	0.31%
A	D	0.31%
CSL	C	0.31%
EME	C	0.31%
APP	B	0.31%
DPZ	C	0.31%
ZTS	D	0.31%
CSGP	D	0.31%
UHS	D	0.31%
WAT	B	0.31%
HRL	D	0.3%
RVTY	F	0.3%
UHAL	D	0.3%
FANG	D	0.3%
CRBG	B	0.3%
HUBB	B	0.29%
TPL	A	0.29%
KEYS	A	0.29%
HUM	C	0.29%
TTEK	F	0.29%
POOL	C	0.29%
ODFL	B	0.29%
CDNS	B	0.29%
TFX	F	0.28%
KMX	B	0.28%
PWR	A	0.28%
CARR	D	0.28%
HII	D	0.28%
CDW	F	0.28%
WLK	D	0.28%
NRG	B	0.27%
PHM	D	0.27%
ROK	B	0.27%
NTAP	C	0.27%
DT	C	0.27%
EFX	F	0.27%
AKAM	D	0.27%
LEN	D	0.27%
BSY	D	0.27%
CHRW	C	0.26%
DDOG	A	0.26%
SNPS	B	0.26%
BURL	A	0.26%
PODD	C	0.26%
THC	D	0.26%
DECK	A	0.25%
TOL	B	0.25%
STX	D	0.25%
IQV	D	0.25%
WST	C	0.25%
MANH	D	0.25%
BMRN	D	0.24%
EPAM	C	0.24%
URI	B	0.24%
ADI	D	0.24%
ALGN	D	0.24%
COKE	C	0.24%
NXPI	D	0.23%
GEV	B	0.23%
DHI	D	0.23%
MTD	D	0.22%
FND	C	0.22%
FIX	A	0.22%
CPNG	D	0.22%
AVTR	F	0.22%
RMD	C	0.22%
HOOD	B	0.22%
JBL	B	0.22%
WMS	D	0.21%
KNSL	B	0.21%
COIN	C	0.21%
FCX	D	0.21%
TTD	B	0.21%
ENTG	D	0.2%
MCHP	D	0.2%
EW	C	0.2%
CRWD	B	0.2%
PANW	C	0.2%
SWKS	F	0.2%
WING	D	0.2%
PLTR	B	0.2%
AES	F	0.19%
VRT	B	0.19%
BLDR	D	0.18%
APTV	D	0.18%
CHWY	B	0.17%
CE	F	0.17%
ON	D	0.17%
DXCM	D	0.16%
SRPT	D	0.16%
DG	F	0.16%
PSTG	D	0.16%
TER	D	0.15%
RKT	F	0.14%
CEG	D	0.14%
FSLR	F	0.14%
MPWR	F	0.1%
ENPH	F	0.09%
SMCI	F	0.04%

TPLC Underweight 120 Positions Relative to FHEQ

Symbol	Grade	Weight
AAPL	C	-7.31%
MSFT	F	-5.64%
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOGL	C	-2.02%
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
MA	C	-1.34%
HD	A	-1.32%
NFLX	A	-1.26%
BAC	A	-1.17%
CRM	B	-1.09%
ABBV	D	-1.0%
ADBE	C	-0.93%
PM	B	-0.92%
PG	A	-0.87%
QCOM	F	-0.84%
CMCSA	B	-0.83%
WMT	A	-0.8%
CSCO	B	-0.79%
LLY	F	-0.76%
TJX	A	-0.73%
GILD	C	-0.73%
AMAT	F	-0.7%
MRK	F	-0.69%
LMT	D	-0.69%
BMY	B	-0.68%
T	A	-0.67%
CI	F	-0.63%
PGR	A	-0.63%
ECL	D	-0.62%
JNJ	D	-0.61%
BDX	F	-0.59%
CL	D	-0.58%
UNH	C	-0.57%
DIS	B	-0.57%
NOC	D	-0.56%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
ZM	B	-0.52%
MMC	B	-0.52%
DBX	B	-0.51%
TRV	B	-0.49%
MU	D	-0.47%
V	A	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
RTX	C	-0.44%
AXP	A	-0.43%
EXEL	B	-0.43%
ALRM	C	-0.4%
CME	A	-0.37%
BK	A	-0.36%
TDC	D	-0.35%
ANF	C	-0.33%
MEDP	D	-0.31%
CACI	D	-0.3%
TMUS	B	-0.29%
SKYW	B	-0.29%
SPGI	C	-0.28%
MSI	B	-0.26%
TMO	F	-0.26%
AMT	D	-0.24%
AMGN	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LRCX	F	-0.23%
LHX	C	-0.23%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
GL	B	-0.2%
CLX	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
HLT	A	-0.18%
VZ	C	-0.18%
LNW	D	-0.17%
FTI	A	-0.17%
ADP	B	-0.16%
WDAY	B	-0.16%
SPG	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
WFC	A	-0.15%
UBER	D	-0.14%
GEN	B	-0.13%
DASH	A	-0.12%
BBWI	D	-0.11%
QRVO	F	-0.11%
KR	B	-0.11%
PLTK	B	-0.1%
BAH	F	-0.09%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
ORCL	B	-0.04%
QGEN	D	-0.04%
SCCO	F	-0.04%
CVX	A	-0.02%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%