TPMN vs. AREA ETF Comparison

Comparison of The Timothy Plan Timothy Plan Market Neutral ETF (TPMN) to Harbor AlphaEdge Next Generation REITs ETF (AREA)

TPMN

The Timothy Plan Timothy Plan Market Neutral ETF

TPMN Description

The adviser pursues the fund's investment objective by implementing a proprietary, "market neutral" investment strategy designed to seek income from the fund's investments while maintaining a low correlation to the foreign and domestic equity and bond markets. The adviser uses a multi-strategy approach. The fund will be actively managed, meaning that the sub-advisor may make changes to the fund's portfolio at any time.

Grade (RS Rating)

Last Trade

$23.83

Average Daily Volume

2,245

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

AREA

Harbor AlphaEdge Next Generation REITs ETF

AREA Description

AREA targetsNext Generation REITs through a proprietary rules-based methodology. Instead of traditional office, multi-family, retail, and industrial REITs, the fund favors non-traditional REITs (e.g., data center, gaming, healthcare & life sciences, hotel & motel, manufactured homes, and self-storage). From an index universe of 3,000 US-listed securities, the fund relies on FactSets RBICS sub-industry classification in filtering Next-Gen REITs. Each qualified company is scored across five factor composites (capital deployment, momentum, quality, risk, and valuation) for a combined stock selection score based on prevailing business cycle regimes. The index provider then selects and weights securities using an optimizer that measures the risk-adjusted returns of the portfolio against a benchmark with similar holdings. The fund holds between 35 and 70 REITs, subject to certain capping limits. The index is reconstituted and rebalanced monthly.

Grade (RS Rating)

Last Trade

$19.86

Average Daily Volume

229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TPMN	AREA
30 Days	-0.35%	-4.09%
60 Days	0.84%
90 Days	1.28%
12 Months	-0.99%

0 Overlapping Holdings

	Symbol	Grade	Weight in TPMN	Weight in AREA	Overlap

TPMN Overweight 195 Positions Relative to AREA

Symbol	Grade	Weight
PNM	B	10.45%
DTM	A	9.91%
DTE	C	9.54%
POR	C	9.51%
ED	C	9.42%
SR	D	9.23%
NWE	D	9.22%
SO	C	8.83%
NI	B	8.71%
EMN	C	8.61%
APAM	A	8.44%
CMS	C	8.39%
ORI	D	8.33%
PEG	B	8.33%
JHG	A	8.28%
BKH	D	8.21%
NTB	C	8.08%
AVA	D	8.06%
REYN	F	7.9%
PNW	D	7.89%
OGS	C	7.86%
FNB	A	7.82%
NWBI	C	7.75%
PKG	A	7.73%
AM	C	7.71%
JEF	B	7.64%
SFL	F	7.39%
KMI	B	7.37%
KNTK	B	7.36%
LNT	C	7.05%
ENR	B	6.99%
BRY	F	6.96%
SWX	C	6.84%
OWL	B	6.81%
HOPE	D	6.78%
LYB	F	6.57%
NAT	F	6.54%
WEC	B	6.5%
OKE	B	6.5%
CCOI	B	6.38%
CIVI	F	6.27%
FLNG	F	6.15%
WMB	A	6.12%
EVRG	C	6.08%
TRN	C	5.98%
SON	F	5.94%
NWN	C	5.87%
OMF	A	5.84%
SJM	F	5.84%
CVI	F	5.79%
WU	F	5.78%
NFG	C	5.76%
IDA	A	5.71%
SASR	A	5.7%
DHT	F	5.67%
FIBK	B	5.65%
E	D	5.61%
NJR	D	5.56%
CPB	D	5.5%
BPOP	F	5.48%
SNV	B	5.46%
DLX	F	5.44%
ETR	A	5.41%
PZZA	A	5.31%
CALM	B	5.29%
SAFT	D	5.21%
GNK	D	5.2%
HNI	D	5.19%
PPBI	B	5.13%
RGP	F	5.11%
SPTN	D	5.11%
IVZ	A	5.08%
WEN	A	5.04%
LCII	D	5.02%
DIN	D	4.99%
INGR	C	4.98%
CRGY	B	4.97%
AEP	D	4.97%
UPBD	D	4.97%
OGE	C	4.97%
ETD	F	4.96%
FLO	F	4.92%
PTEN	F	4.91%
HRB	D	4.89%
AMRK	D	4.88%
NOG	F	4.85%
SBSI	D	4.84%
AMCR	D	4.83%
PB	B	4.81%
AGCO	C	4.8%
GBCI	A	4.8%
GOGL	F	4.77%
FFBC	A	4.72%
NEE	D	4.71%
CTRA	F	4.56%
SMG	A	4.49%
OZK	B	4.43%
PINC	A	4.42%
SXC	A	4.42%
CHRD	F	4.41%
UGI	D	4.37%
VLO	F	4.34%
PSX	F	4.33%
PII	F	4.26%
PAX	B	4.25%
RHI	C	4.24%
MATW	D	4.24%
RYI	C	4.24%
BAX	F	4.23%
PDCO	F	4.21%
BLMN	F	4.21%
BKU	C	4.16%
NPK	F	4.09%
VIRT	A	4.06%
KALU	B	4.05%
GTN	C	4.04%
MNRO	A	4.02%
FDP	A	4.02%
STLA	F	3.99%
BKE	C	3.98%
BLX	B	3.93%
HAFC	A	3.93%
LEA	F	3.89%
HVT	F	3.88%
DINO	F	3.87%
APA	F	3.87%
WSBC	A	3.75%
ASC	F	3.75%
CABO	C	3.72%
FHB	A	3.71%
CRI	F	3.68%
MOS	B	3.63%
PLOW	F	3.63%
STRA	F	3.62%
REPX	F	3.6%
VRTS	B	3.57%
MSM	D	3.56%
BRKL	A	3.55%
MAN	F	3.55%
FBP	D	3.52%
DVN	F	3.45%
JACK	C	3.44%
COLB	A	3.4%
KLG	F	3.37%
BG	F	3.37%
FF	B	3.31%
VLY	A	3.25%
EGY	F	3.21%
OCFC	A	3.16%
LKQ	F	3.1%
PFG	C	3.04%
ES	D	3.04%
CNH	A	3.03%
WSO	D	3.01%
R	A	2.95%
HASI	B	2.94%
EBF	F	2.93%
MTN	F	2.91%
KVUE	B	2.91%
SWBI	D	2.9%
BOH	A	2.89%
IIIN	F	2.88%
HRL	F	2.87%
TFSL	B	2.78%
AXS	C	2.77%
DCOM	B	2.75%
CWEN	C	2.75%
IP	A	2.71%
BUSE	D	2.68%
GRMN	A	2.68%
BBWI	F	2.64%
NEM	D	2.55%
MOV	F	2.54%
OVV	F	2.49%
EMBC	C	2.46%
HUN	F	2.39%
DDS	C	2.35%
PLTK	A	2.28%
FMC	B	2.28%
ACCO	B	2.26%
SCCO	B	2.2%
METC	F	2.2%
SKM	D	2.19%
GRNT	F	2.04%
XP	F	2.02%
PAYX	B	1.99%
NWL	A	1.78%
MTG	D	1.69%
UWMC	F	1.68%
GLNG	B	1.64%
FAF	D	1.52%
BGS	C	1.38%
DG	F	1.36%
SHG	D	1.36%
AESI	F	1.32%

TPMN Underweight 34 Positions Relative to AREA

Symbol	Grade	Weight
LAMR	B	-7.21%
WY	D	-6.92%
AMT	D	-6.47%
SBAC	D	-6.22%
HST	D	-5.36%
CUBE	D	-5.19%
IRM	B	-4.04%
EPR	D	-3.74%
SBRA	B	-3.68%
RYN	C	-3.62%
ELS	D	-3.57%
DRH	D	-3.42%
VICI	D	-3.23%
EXR	D	-2.94%
SHO	D	-2.86%
NHI	C	-2.73%
OHI	B	-2.57%
DOC	C	-2.52%
PSA	D	-2.51%
LAND	F	-2.34%
CCI	D	-2.15%
LTC	A	-1.74%
PK	F	-1.61%
OUT	C	-1.4%
NSA	D	-1.17%
INN	F	-1.03%
VTR	B	-0.99%
INVH	F	-0.93%
DHC	D	-0.49%
GLPI	D	-0.48%
SILA	C	-0.34%
BHR	D	-0.3%
WELL	A	-0.27%
XHR	C	-0.25%