DMCY vs. TPIF ETF Comparison

Comparison of Democracy International Fund (DMCY) to Timothy Plan International ETF (TPIF)

DMCY

Democracy International Fund

DMCY Description

The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.

Grade (RS Rating)

Last Trade

$25.56

Average Daily Volume

1,217

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TPIF

Timothy Plan International ETF

TPIF Description

The investment seeks to provide investment results that track the performance of the Victory International 500 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 International 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, rather than traditional market cap weighting.

Grade (RS Rating)

Last Trade

$27.09

Average Daily Volume

12,867

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DMCY	TPIF
30 Days	-2.25%	-1.77%
60 Days	-4.85%	-4.98%
90 Days	-5.00%	-4.17%
12 Months	10.30%	12.47%

5 Overlapping Holdings

Symbol	Grade	Weight in DMCY	Weight in TPIF	Overlap
ABBV	D	0.56%	0.34%	0.34%
CNI	D	0.38%	0.41%	0.38%
E	F	0.21%	0.37%	0.21%
LYG	F	0.27%	0.28%	0.27%
WCN	A	0.29%	0.58%	0.29%

DMCY Overweight 17 Positions Relative to TPIF

Symbol	Grade	Weight
EWT	C	3.86%
EWJ	D	3.26%
NVS	D	0.98%
EIS	A	0.81%
HSBH	B	0.79%
UL	D	0.65%
SHOP	B	0.63%
TD	F	0.52%
NXPI	D	0.39%
DEO	F	0.33%
FLUT	A	0.28%
EWW	F	0.28%
BCS	C	0.27%
STLA	F	0.21%
VALE	F	0.11%
ICLR	D	0.1%
BNTX	D	0.04%

DMCY Underweight 7 Positions Relative to TPIF

Symbol	Grade	Weight
RBA	A	-0.33%
XRX	F	-0.25%
LOGI	D	-0.25%
SMFG	B	-0.23%
GOLD	D	-0.2%
SHG	D	-0.17%
KB	B	-0.16%