TPMN vs. EMLP ETF Comparison

Comparison of The Timothy Plan Timothy Plan Market Neutral ETF (TPMN) to First Trust North American Energy Infrastructure Fund (EMLP)

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

$24.01

Average Daily Volume

2,431

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.66

Average Daily Volume

158,878

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TPMN	EMLP
30 Days	1.24%	9.70%
60 Days	1.02%	12.94%
90 Days	1.55%	16.05%
12 Months	0.43%	41.78%

20 Overlapping Holdings

Symbol	Grade	Weight in TPMN	Weight in EMLP	Overlap
AEP	C	6.71%	2.27%	2.27%
CMS	C	11.7%	0.97%	0.97%
CWEN	C	3.92%	0.52%	0.52%
DTE	C	12.99%	1.22%	1.22%
DTM	A	16.58%	4.56%	4.56%
ETR	B	8.75%	1.28%	1.28%
EVRG	A	9.24%	0.82%	0.82%
IDA	A	9.41%	0.52%	0.52%
KMI	A	11.71%	4.87%	4.87%
LNT	A	9.92%	1.43%	1.43%
NEE	C	6.06%	0.46%	0.46%
NFG	A	8.17%	2.89%	2.89%
NJR	A	8.15%	0.44%	0.44%
OGS	A	11.56%	1.02%	1.02%
OKE	A	10.52%	5.41%	5.41%
PEG	A	11.75%	2.29%	2.29%
SO	C	12.14%	0.45%	0.45%
UGI	C	5.98%	0.08%	0.08%
WEC	A	9.3%	1.01%	1.01%
WMB	A	9.77%	2.46%	2.46%

TPMN Overweight 175 Positions Relative to EMLP

Symbol	Grade	Weight
PNM	B	15.99%
SR	A	13.66%
POR	C	13.53%
NWE	B	13.15%
JHG	B	13.06%
FNB	A	13.03%
NI	A	13.01%
ED	C	12.5%
ORI	A	12.5%
JEF	A	12.46%
NWBI	B	12.39%
APAM	B	12.31%
PKG	A	12.29%
BKH	A	11.99%
KNTK	A	11.95%
PNW	A	11.91%
AVA	A	11.67%
EMN	C	11.6%
NTB	B	11.56%
AM	A	11.45%
ENR	B	10.57%
REYN	D	10.55%
SWX	B	10.41%
HOPE	C	10.27%
SASR	B	9.72%
OMF	A	9.68%
DLX	B	9.65%
SFL	D	9.59%
OWL	A	9.51%
TRN	B	9.45%
SXC	A	9.26%
SNV	C	9.18%
CIVI	D	9.18%
NWN	A	8.77%
LYB	F	8.76%
FLNG	C	8.73%
CCOI	B	8.67%
FIBK	B	8.64%
GBCI	B	8.4%
BRY	F	8.39%
SON	F	8.31%
INGR	C	8.14%
CRGY	B	8.11%
UPBD	B	8.09%
NAT	F	8.02%
PB	B	7.99%
PPBI	C	7.9%
GNK	D	7.89%
RGP	F	7.86%
E	F	7.85%
SJM	D	7.84%
HNI	B	7.84%
SAFT	B	7.81%
FFBC	B	7.77%
NOG	B	7.74%
CALM	A	7.73%
BPOP	C	7.66%
OGE	A	7.64%
PTEN	C	7.54%
SBSI	C	7.52%
DIN	C	7.51%
WU	F	7.51%
DHT	F	7.37%
CPB	D	7.33%
PINC	B	7.31%
GOGL	F	7.3%
PZZA	F	7.24%
RYI	C	7.14%
HAFC	B	7.13%
RHI	C	7.13%
IVZ	B	7.07%
CTRA	B	7.06%
OZK	B	6.98%
HRB	D	6.96%
WEN	D	6.87%
FDP	B	6.84%
FLO	D	6.79%
LCII	C	6.76%
KALU	C	6.69%
ETD	C	6.66%
PAX	C	6.6%
MATW	C	6.6%
BKU	A	6.52%
AMCR	C	6.39%
CVI	F	6.37%
CHRD	D	6.37%
REPX	A	6.35%
VLO	C	6.33%
SPTN	D	6.31%
VIRT	A	6.3%
WSBC	B	6.27%
MNRO	D	6.23%
AGCO	D	6.22%
BKE	B	6.2%
BRKL	B	6.14%
NPK	B	6.1%
PSX	C	6.09%
FHB	B	6.08%
CABO	B	6.08%
PDCO	F	5.97%
BLX	B	5.89%
STRA	C	5.87%
STLA	F	5.86%
COLB	B	5.66%
BAX	F	5.66%
VRTS	B	5.61%
MSM	C	5.52%
DINO	D	5.37%
SMG	C	5.36%
FBP	C	5.33%
MOS	F	5.22%
VLY	B	5.13%
LEA	F	5.08%
JACK	C	5.05%
MAN	F	5.03%
OCFC	B	5.02%
PII	F	4.99%
PLOW	D	4.98%
GRMN	B	4.98%
AMRK	F	4.98%
HVT	D	4.98%
BOH	B	4.96%
APA	D	4.91%
KLG	B	4.9%
IP	A	4.84%
BLMN	F	4.82%
BG	D	4.81%
DVN	F	4.75%
R	B	4.74%
WSO	A	4.67%
KVUE	A	4.63%
IIIN	C	4.5%
MTN	C	4.49%
EBF	F	4.45%
LKQ	F	4.42%
GTN	F	4.42%
TFSL	A	4.42%
DCOM	B	4.39%
PFG	D	4.27%
EGY	D	4.25%
CRI	F	4.17%
SWBI	C	4.09%
AXS	A	4.09%
EMBC	C	4.09%
BUSE	B	4.08%
CNH	C	4.07%
ES	C	4.06%
FF	F	4.04%
HRL	D	3.96%
ACCO	C	3.94%
ASC	F	3.91%
BBWI	C	3.81%
PLTK	B	3.76%
OVV	B	3.74%
MOV	D	3.62%
METC	C	3.57%
DDS	B	3.37%
HASI	D	3.29%
GRNT	B	3.22%
SKM	C	3.15%
NWL	C	3.03%
PAYX	B	3.03%
FMC	D	2.97%
SCCO	F	2.94%
HUN	F	2.87%
XP	F	2.74%
NEM	D	2.69%
MTG	C	2.36%
GLNG	C	2.35%
AESI	B	2.12%
FAF	A	2.12%
UWMC	D	2.02%
SHG	C	1.93%
DG	F	1.85%
BGS	F	1.51%

TPMN Underweight 31 Positions Relative to EMLP

Symbol	Grade	Weight
EPD	A	-8.77%
ET	A	-7.17%
PAGP	A	-4.53%
SRE	A	-4.15%
MPLX	A	-3.98%
TRGP	A	-3.47%
PPL	A	-2.43%
PWR	A	-2.24%
ATO	A	-1.61%
LNG	A	-1.6%
AES	F	-1.46%
VST	A	-1.34%
SUN	B	-1.24%
XEL	A	-1.15%
FLR	B	-1.14%
CQP	B	-1.05%
CNP	A	-0.81%
D	C	-0.76%
WLKP	A	-0.76%
DUK	C	-0.69%
HESM	B	-0.62%
NEP	F	-0.58%
AROC	A	-0.57%
WTRG	B	-0.51%
AEE	A	-0.28%
CEG	C	-0.26%
CPK	A	-0.24%
USAC	B	-0.11%
EXC	C	-0.09%
AWK	C	-0.05%
ENLC	A	-0.0%