TPMN vs. XTL ETF Comparison

Comparison of The Timothy Plan Timothy Plan Market Neutral ETF (TPMN) to SPDR S&P Telecom ETF (XTL)

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

$23.84

Average Daily Volume

2,336

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$104.53

Average Daily Volume

15,243

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TPMN	XTL
30 Days	0.65%	1.24%
60 Days	0.58%	7.60%
90 Days	0.70%	12.75%
12 Months	-0.70%	52.21%

1 Overlapping Holdings

	Symbol	Grade	Weight in TPMN	Weight in XTL	Overlap
	CCOI	B	4.87%	4.66%	4.66%

TPMN Overweight 194 Positions Relative to XTL

Symbol	Grade	Weight
DTM	A	8.15%
PNM	B	8.14%
POR	D	7.22%
DTE	C	7.18%
SR	A	7.02%
ED	D	6.97%
NI	A	6.86%
NWE	C	6.84%
SO	C	6.66%
JHG	A	6.65%
PKG	B	6.44%
CMS	C	6.41%
APAM	A	6.37%
ORI	A	6.32%
EMN	C	6.31%
AVA	C	6.16%
NTB	B	6.13%
PNW	A	6.13%
BKH	A	6.1%
FNB	A	6.09%
PEG	C	6.05%
NWBI	A	6.0%
AM	A	5.86%
OGS	A	5.86%
JEF	A	5.84%
KMI	A	5.76%
KNTK	A	5.66%
REYN	D	5.62%
ENR	A	5.57%
SFL	F	5.55%
BRY	F	5.5%
SWX	A	5.26%
LNT	A	5.2%
OKE	A	5.1%
HOPE	A	4.99%
WEC	A	4.92%
WMB	A	4.9%
OMF	A	4.89%
CIVI	F	4.87%
LYB	F	4.81%
OWL	A	4.77%
EVRG	A	4.74%
IDA	A	4.64%
NAT	F	4.58%
SASR	A	4.57%
ETR	A	4.56%
SON	D	4.52%
TRN	A	4.45%
E	F	4.45%
NWN	A	4.42%
FLNG	D	4.42%
PZZA	D	4.35%
NFG	A	4.35%
SJM	F	4.34%
SXC	A	4.22%
WU	F	4.21%
NJR	A	4.21%
SNV	A	4.19%
CPB	D	4.19%
DLX	A	4.18%
FIBK	A	4.17%
GBCI	A	4.09%
WEN	C	4.02%
DHT	D	4.01%
UPBD	B	3.99%
CRGY	A	3.99%
CALM	A	3.97%
INGR	B	3.96%
SPTN	F	3.95%
GNK	C	3.91%
AEP	C	3.88%
HNI	A	3.87%
BPOP	C	3.86%
SAFT	A	3.85%
OGE	A	3.84%
RGP	F	3.84%
HRB	D	3.82%
PB	A	3.82%
FLO	D	3.8%
IVZ	B	3.79%
PPBI	A	3.78%
NOG	A	3.76%
PTEN	D	3.73%
AGCO	D	3.68%
FFBC	A	3.66%
GOGL	C	3.65%
SMG	D	3.64%
DIN	C	3.63%
LCII	D	3.62%
SBSI	B	3.6%
FDP	A	3.59%
ETD	D	3.58%
CTRA	A	3.53%
NEE	C	3.49%
AMCR	C	3.49%
PINC	B	3.48%
RHI	B	3.48%
PAX	C	3.47%
OZK	A	3.45%
MATW	C	3.42%
HAFC	A	3.4%
KALU	C	3.4%
CHRD	F	3.39%
AMRK	F	3.38%
RYI	B	3.37%
PDCO	F	3.3%
STLA	F	3.29%
VLO	C	3.28%
BAX	F	3.27%
UGI	C	3.22%
MNRO	B	3.17%
GTN	F	3.17%
NPK	B	3.16%
PSX	C	3.15%
MOS	D	3.12%
BKU	A	3.1%
CVI	D	3.09%
VIRT	A	3.08%
BKE	A	3.05%
BLMN	F	3.04%
BLX	A	3.03%
CABO	B	3.01%
FHB	A	3.01%
JACK	D	3.0%
WSBC	A	2.94%
PII	F	2.92%
BRKL	A	2.92%
APA	F	2.89%
STRA	C	2.83%
REPX	A	2.75%
MAN	F	2.75%
LEA	F	2.74%
VRTS	A	2.73%
COLB	A	2.73%
DINO	D	2.72%
MSM	C	2.71%
DVN	F	2.65%
HVT	F	2.65%
FF	F	2.61%
IP	A	2.61%
VLY	A	2.58%
FBP	A	2.57%
GRMN	B	2.55%
BG	D	2.52%
KLG	F	2.51%
ASC	F	2.48%
KVUE	A	2.46%
BOH	A	2.46%
PLOW	D	2.45%
CNH	D	2.42%
HASI	F	2.39%
LKQ	D	2.36%
OCFC	A	2.34%
CRI	D	2.33%
R	A	2.32%
ES	C	2.32%
WSO	A	2.29%
SWBI	D	2.29%
EGY	F	2.29%
IIIN	C	2.28%
EBF	D	2.26%
CWEN	D	2.26%
MTN	C	2.24%
PFG	C	2.18%
HRL	D	2.18%
TFSL	A	2.15%
AXS	A	2.12%
DCOM	A	2.12%
EMBC	C	2.09%
BBWI	C	2.06%
BUSE	A	1.97%
OVV	C	1.94%
MOV	C	1.93%
ACCO	B	1.93%
PLTK	A	1.89%
FMC	F	1.84%
DDS	B	1.82%
SKM	D	1.76%
HUN	F	1.75%
SCCO	F	1.73%
METC	C	1.67%
NEM	F	1.61%
GRNT	B	1.59%
NWL	B	1.57%
PAYX	B	1.56%
XP	F	1.56%
GLNG	C	1.25%
MTG	C	1.22%
UWMC	F	1.17%
FAF	C	1.13%
BGS	F	1.1%
DG	F	1.1%
AESI	D	1.07%
SHG	D	1.05%

TPMN Underweight 37 Positions Relative to XTL

Symbol	Grade	Weight
LITE	A	-5.25%
CIEN	B	-4.98%
ANET	C	-4.77%
CSCO	B	-4.64%
FFIV	B	-4.58%
TMUS	A	-4.54%
LUMN	C	-4.38%
MSI	A	-4.23%
T	A	-4.05%
JNPR	D	-4.02%
TDS	B	-4.0%
FYBR	C	-3.8%
VZ	C	-3.63%
IRDM	C	-3.4%
EXTR	B	-3.11%
NPAB	F	-2.86%
INFN	C	-2.76%
CALX	F	-2.29%
VSAT	F	-2.02%
VIAV	B	-1.94%
NTCT	B	-1.79%
UI	A	-1.56%
USM	B	-1.54%
HLIT	F	-1.37%
AAOI	A	-1.16%
GOGO	C	-0.98%
COMM	D	-0.97%
LILAK	F	-0.97%
GSAT	B	-0.96%
BAND	C	-0.77%
DGII	B	-0.73%
ATEX	F	-0.65%
CLFD	F	-0.54%
IDT	B	-0.5%
NTGR	A	-0.39%
SHEN	F	-0.35%
AVNW	F	-0.14%