TPMN vs. IFRA ETF Comparison

Comparison of The Timothy Plan Timothy Plan Market Neutral ETF (TPMN) to iShares U.S. Infrastructure ETF (IFRA)

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

$23.98

Average Daily Volume

2,434

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.22

Average Daily Volume

310,420

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	TPMN	IFRA
30 Days	1.11%	8.33%
60 Days	0.73%	9.82%
90 Days	1.43%	13.63%
12 Months	0.32%	39.72%

37 Overlapping Holdings

Symbol	Grade	Weight in TPMN	Weight in IFRA	Overlap
AEP	D	6.71%	0.6%	0.6%
AESI	B	2.12%	0.5%	0.5%
AM	A	11.45%	0.69%	0.69%
AVA	A	11.67%	0.63%	0.63%
BKH	A	11.99%	0.69%	0.69%
CMS	C	11.7%	0.65%	0.65%
DTE	C	12.99%	0.64%	0.64%
DTM	B	16.58%	0.87%	0.87%
ED	D	12.5%	0.6%	0.6%
EMN	D	11.6%	0.51%	0.51%
ES	D	4.06%	0.6%	0.6%
ETR	B	8.75%	0.79%	0.79%
EVRG	A	9.24%	0.69%	0.69%
IDA	A	9.41%	0.74%	0.74%
IIIN	C	4.5%	0.48%	0.48%
KALU	C	6.69%	0.59%	0.59%
KMI	A	11.71%	0.83%	0.83%
KNTK	B	11.95%	0.85%	0.85%
LNT	A	9.92%	0.67%	0.67%
LYB	F	8.76%	0.44%	0.44%
NEE	D	6.06%	0.62%	0.62%
NI	A	13.01%	0.71%	0.71%
NWE	B	13.15%	0.66%	0.66%
NWN	A	8.77%	0.68%	0.68%
OGE	B	7.64%	0.69%	0.69%
OGS	A	11.56%	0.71%	0.71%
OKE	A	10.52%	0.78%	0.78%
PEG	A	11.75%	0.71%	0.71%
PNW	B	11.91%	0.68%	0.68%
POR	C	13.53%	0.63%	0.63%
RYI	C	7.14%	0.67%	0.67%
SO	D	12.14%	0.64%	0.64%
SR	A	13.66%	0.66%	0.66%
SWX	B	10.41%	0.55%	0.55%
TRN	C	9.45%	0.6%	0.6%
WEC	A	9.3%	0.67%	0.67%
WMB	A	9.77%	0.82%	0.82%

TPMN Overweight 158 Positions Relative to IFRA

Symbol	Grade	Weight
PNM	F	15.99%
JHG	A	13.06%
FNB	A	13.03%
ORI	A	12.5%
JEF	A	12.46%
NWBI	B	12.39%
APAM	B	12.31%
PKG	A	12.29%
NTB	B	11.56%
ENR	B	10.57%
REYN	D	10.55%
HOPE	B	10.27%
SASR	B	9.72%
OMF	A	9.68%
DLX	B	9.65%
SFL	D	9.59%
OWL	A	9.51%
SXC	A	9.26%
SNV	B	9.18%
CIVI	D	9.18%
FLNG	B	8.73%
CCOI	B	8.67%
FIBK	A	8.64%
GBCI	B	8.4%
BRY	F	8.39%
SON	D	8.31%
NFG	A	8.17%
NJR	A	8.15%
INGR	B	8.14%
CRGY	B	8.11%
UPBD	B	8.09%
NAT	F	8.02%
PB	A	7.99%
PPBI	B	7.9%
GNK	D	7.89%
RGP	F	7.86%
E	F	7.85%
SJM	D	7.84%
HNI	B	7.84%
SAFT	C	7.81%
FFBC	A	7.77%
NOG	A	7.74%
CALM	A	7.73%
BPOP	B	7.66%
PTEN	C	7.54%
SBSI	B	7.52%
DIN	C	7.51%
WU	D	7.51%
DHT	F	7.37%
CPB	D	7.33%
PINC	B	7.31%
GOGL	F	7.3%
PZZA	D	7.24%
HAFC	A	7.13%
RHI	B	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%
ETD	C	6.66%
PAX	B	6.6%
MATW	C	6.6%
BKU	A	6.52%
AMCR	D	6.39%
CVI	F	6.37%
CHRD	D	6.37%
REPX	A	6.35%
VLO	C	6.33%
SPTN	D	6.31%
VIRT	B	6.3%
WSBC	A	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	A	6.08%
CABO	C	6.08%
UGI	A	5.98%
PDCO	D	5.97%
BLX	C	5.89%
STRA	C	5.87%
STLA	F	5.86%
COLB	A	5.66%
BAX	D	5.66%
VRTS	B	5.61%
MSM	C	5.52%
DINO	D	5.37%
SMG	D	5.36%
FBP	B	5.33%
MOS	F	5.22%
VLY	B	5.13%
LEA	D	5.08%
JACK	D	5.05%
MAN	D	5.03%
OCFC	B	5.02%
PII	D	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	C	4.9%
IP	B	4.84%
BLMN	F	4.82%
BG	F	4.81%
DVN	F	4.75%
R	B	4.74%
WSO	A	4.67%
KVUE	A	4.63%
MTN	C	4.49%
EBF	F	4.45%
LKQ	D	4.42%
GTN	F	4.42%
TFSL	A	4.42%
DCOM	A	4.39%
PFG	D	4.27%
EGY	D	4.25%
CRI	D	4.17%
SWBI	C	4.09%
AXS	A	4.09%
EMBC	C	4.09%
BUSE	B	4.08%
CNH	C	4.07%
FF	D	4.04%
HRL	D	3.96%
ACCO	C	3.94%
CWEN	C	3.92%
ASC	F	3.91%
BBWI	D	3.81%
PLTK	B	3.76%
OVV	B	3.74%
MOV	C	3.62%
METC	C	3.57%
DDS	B	3.37%
HASI	D	3.29%
GRNT	B	3.22%
SKM	D	3.15%
NWL	B	3.03%
PAYX	C	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%
FAF	A	2.12%
UWMC	D	2.02%
SHG	D	1.93%
DG	F	1.85%
BGS	F	1.51%

TPMN Underweight 113 Positions Relative to IFRA

Symbol	Grade	Weight
VST	B	-1.23%
USLM	A	-0.91%
CENX	B	-0.86%
CEG	D	-0.85%
MYRG	B	-0.84%
STRL	B	-0.83%
AGX	B	-0.82%
MGEE	C	-0.8%
PRIM	A	-0.8%
NRG	B	-0.79%
ROAD	A	-0.77%
TXNM	A	-0.73%
ENLC	A	-0.72%
XEL	A	-0.72%
FIX	A	-0.72%
CNP	B	-0.72%
LMB	A	-0.72%
SRE	A	-0.72%
ATO	A	-0.72%
AEE	A	-0.71%
CMP	C	-0.71%
GBX	A	-0.71%
MSEX	B	-0.7%
CPK	A	-0.7%
EME	C	-0.7%
MTZ	B	-0.7%
CSX	B	-0.7%
PCG	A	-0.69%
NSC	B	-0.69%
AWR	B	-0.68%
HEES	B	-0.68%
MLI	C	-0.68%
MTRX	B	-0.68%
PPL	B	-0.68%
LXFR	C	-0.68%
ALE	A	-0.67%
GLDD	B	-0.67%
SUM	B	-0.67%
APOG	B	-0.66%
AGR	B	-0.66%
UTL	B	-0.66%
GVA	A	-0.66%
D	C	-0.65%
BXC	B	-0.65%
WTRG	B	-0.65%
PWR	A	-0.65%
EXC	C	-0.65%
NWPX	A	-0.64%
CRS	A	-0.64%
AWI	A	-0.63%
EXP	A	-0.63%
KNF	A	-0.63%
TPC	C	-0.63%
VMI	B	-0.63%
NGVT	B	-0.63%
STLD	B	-0.62%
OC	A	-0.62%
URI	B	-0.62%
UNP	C	-0.62%
EIX	B	-0.62%
DUK	C	-0.62%
FE	C	-0.61%
CWT	D	-0.61%
ECVT	C	-0.61%
ASTE	B	-0.61%
ARTNA	D	-0.61%
YORW	D	-0.61%
SJW	D	-0.6%
AWK	D	-0.6%
VMC	B	-0.6%
LPX	B	-0.6%
CMC	B	-0.59%
LXU	B	-0.59%
HE	C	-0.59%
X	C	-0.58%
MLM	B	-0.58%
TREX	C	-0.57%
OSK	B	-0.57%
FLR	B	-0.57%
CSL	C	-0.56%
BCC	B	-0.56%
RS	B	-0.56%
AZEK	A	-0.56%
ACM	A	-0.56%
ASIX	A	-0.55%
APG	B	-0.55%
ROCK	C	-0.54%
NFE	D	-0.54%
SSD	D	-0.53%
BWMN	C	-0.53%
HWKN	B	-0.53%
BLDR	D	-0.53%
XPEL	C	-0.53%
ZEUS	C	-0.52%
POOL	C	-0.52%
NUE	C	-0.52%
TEX	D	-0.52%
KOP	C	-0.51%
CLF	F	-0.5%
OLN	D	-0.5%
BLD	D	-0.5%
NVEE	F	-0.5%
HAYN	C	-0.5%
MTUS	C	-0.49%
J	F	-0.49%
ATI	D	-0.48%
WOR	F	-0.47%
WMS	D	-0.46%
WLK	D	-0.46%
MDU	D	-0.36%
MATV	D	-0.33%
NVRI	F	-0.33%
TTEK	F	-0.09%