IQDE vs. TPIF ETF Comparison

Comparison of FlexShares International Quality Dividend Defensive Index Fund (IQDE) to Timothy Plan International ETF (TPIF)

IQDE

FlexShares International Quality Dividend Defensive Index Fund

IQDE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$22.34

Average Daily Volume

1,921

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

$27.73

Average Daily Volume

8,988

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQDE	TPIF
30 Days	5.60%	6.46%
60 Days	1.53%	2.62%
90 Days	1.10%	2.94%
12 Months	17.66%	16.48%

3 Overlapping Holdings

Symbol	Grade	Weight in IQDE	Weight in TPIF	Overlap
CNI	D	0.43%	0.33%	0.33%
OTEX	C	0.17%	0.21%	0.17%
SMFG	D	0.53%	0.26%	0.26%

IQDE Overweight 10 Positions Relative to TPIF

Symbol	Grade	Weight
NVS	B	1.34%
BCS	B	0.43%
STLA	F	0.31%
BABA	B	0.26%
BCH	B	0.22%
AGCO	F	0.21%
SKM	A	0.21%
VALE	F	0.14%
UL	A	0.12%
TD	A	0.05%

IQDE Underweight 10 Positions Relative to TPIF

Symbol	Grade	Weight
ABBV	B	-0.39%
WCN	B	-0.39%
E	D	-0.31%
LYG	C	-0.31%
RBA	B	-0.25%
SHG	B	-0.25%
GOLD	C	-0.24%
NMR	D	-0.21%
LOGI	D	-0.21%
KB	C	-0.21%