TPMN vs. XSLV ETF Comparison

Comparison of The Timothy Plan Timothy Plan Market Neutral ETF (TPMN) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

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

$23.82

Average Daily Volume

2,298

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$50.10

Average Daily Volume

25,545

Number of Holdings ^*

118

* may have additional holdings in another (foreign) market

Performance

Period	TPMN	XSLV
30 Days	0.10%	6.41%
60 Days	0.61%	8.16%
90 Days	1.21%	10.64%
12 Months	-0.57%	30.16%

11 Overlapping Holdings

Symbol	Grade	Weight in TPMN	Weight in XSLV	Overlap
AVA	D	8.1%	0.85%	0.85%
FBP	C	3.24%	0.74%	0.74%
FDP	B	3.92%	0.84%	0.84%
FHB	B	3.61%	0.8%	0.8%
NPK	D	4.06%	0.9%	0.9%
NWBI	B	7.55%	0.79%	0.79%
NWN	C	5.79%	0.81%	0.81%
PINC	B	4.3%	0.85%	0.85%
RHI	B	4.37%	1.01%	1.01%
SAFT	C	4.93%	0.93%	0.93%
SPTN	F	4.92%	0.8%	0.8%

TPMN Overweight 184 Positions Relative to XSLV

Symbol	Grade	Weight
PNM	B	10.66%
DTM	A	9.96%
DTE	D	9.56%
POR	D	9.54%
ED	D	9.39%
SR	D	9.23%
NWE	D	8.94%
SO	D	8.83%
NI	B	8.69%
EMN	D	8.4%
CMS	D	8.4%
PEG	C	8.35%
PNW	C	8.0%
BKH	D	7.99%
ORI	B	7.95%
NTB	B	7.94%
PKG	B	7.94%
JHG	B	7.89%
REYN	F	7.84%
APAM	B	7.78%
OGS	C	7.7%
FNB	B	7.69%
AM	B	7.59%
KNTK	B	7.48%
JEF	B	7.38%
KMI	A	7.34%
SFL	F	7.05%
LNT	D	6.98%
ENR	B	6.97%
BRY	F	6.8%
SWX	B	6.79%
OWL	B	6.63%
HOPE	B	6.49%
OKE	A	6.48%
WEC	C	6.4%
LYB	F	6.32%
CIVI	D	6.24%
WMB	A	6.18%
CCOI	B	6.15%
NAT	F	6.15%
EVRG	B	6.09%
TRN	B	6.01%
SON	F	5.92%
FLNG	F	5.88%
NFG	C	5.7%
SASR	B	5.68%
OMF	B	5.67%
IDA	A	5.67%
CVI	F	5.62%
E	F	5.61%
SJM	F	5.58%
FIBK	B	5.58%
ETR	B	5.49%
NJR	C	5.4%
WU	F	5.38%
CPB	F	5.3%
SNV	B	5.27%
DLX	B	5.26%
DHT	F	5.2%
CALM	B	5.12%
INGR	B	5.01%
HNI	B	4.97%
RGP	F	4.96%
WEN	C	4.96%
OGE	A	4.93%
CRGY	A	4.93%
PZZA	C	4.91%
AEP	D	4.89%
PTEN	D	4.88%
NOG	B	4.83%
PB	B	4.82%
BPOP	D	4.8%
GBCI	B	4.78%
GNK	D	4.77%
IVZ	B	4.77%
PPBI	B	4.76%
FLO	F	4.75%
HRB	C	4.74%
AMCR	D	4.73%
AGCO	D	4.7%
ETD	F	4.65%
DIN	C	4.62%
NEE	D	4.61%
FFBC	B	4.59%
SBSI	C	4.59%
CTRA	D	4.58%
LCII	D	4.57%
GOGL	D	4.51%
UPBD	C	4.48%
AMRK	F	4.41%
OZK	B	4.38%
HAFC	B	4.36%
SMG	D	4.34%
CHRD	D	4.31%
PAX	C	4.3%
UGI	D	4.25%
SXC	B	4.24%
RYI	C	4.22%
PDCO	C	4.22%
BAX	F	4.19%
PSX	F	4.18%
MATW	C	4.15%
VLO	D	4.14%
STLA	F	4.08%
MNRO	B	3.96%
BKU	B	3.95%
BLMN	D	3.93%
BLX	A	3.83%
BKE	B	3.81%
GTN	C	3.8%
VIRT	B	3.78%
APA	F	3.78%
DINO	F	3.73%
KALU	C	3.69%
MOS	C	3.67%
PII	F	3.63%
HVT	F	3.61%
WSBC	B	3.6%
CABO	C	3.56%
CRI	F	3.56%
JACK	D	3.51%
STRA	D	3.51%
LEA	F	3.49%
COLB	B	3.48%
BRKL	B	3.46%
MAN	F	3.44%
REPX	B	3.43%
PLOW	D	3.41%
BG	F	3.38%
VRTS	B	3.37%
DVN	F	3.34%
FF	B	3.33%
VLY	B	3.31%
ASC	F	3.31%
KLG	C	3.29%
MSM	C	3.27%
EGY	F	3.07%
KVUE	B	3.06%
ES	D	3.05%
CNH	B	3.02%
PFG	C	2.99%
IIIN	F	2.97%
OCFC	B	2.96%
LKQ	F	2.95%
EBF	D	2.9%
WSO	A	2.86%
BOH	B	2.86%
HASI	C	2.84%
MTN	F	2.82%
IP	B	2.8%
HRL	F	2.76%
SWBI	D	2.73%
R	B	2.73%
TFSL	B	2.72%
DCOM	B	2.72%
AXS	B	2.7%
CWEN	D	2.62%
GRMN	A	2.57%
BUSE	C	2.52%
EMBC	C	2.52%
BBWI	C	2.46%
OVV	D	2.41%
MOV	D	2.35%
HUN	F	2.29%
PLTK	B	2.28%
DDS	C	2.28%
SCCO	B	2.22%
FMC	D	2.22%
SKM	D	2.2%
NEM	D	2.17%
METC	D	2.13%
ACCO	B	2.11%
PAYX	A	1.98%
GRNT	C	1.98%
XP	F	1.97%
GLNG	B	1.65%
MTG	D	1.65%
NWL	B	1.61%
UWMC	F	1.53%
FAF	D	1.44%
DG	F	1.37%
SHG	D	1.34%
AESI	D	1.32%
BGS	F	1.3%

TPMN Underweight 107 Positions Relative to XSLV

Symbol	Grade	Weight
CTRE	C	-1.26%
LTC	B	-1.17%
EIG	B	-1.13%
EPRT	D	-1.08%
AMSF	B	-1.07%
MSGS	A	-1.06%
PECO	B	-1.06%
GTY	C	-1.03%
INVA	B	-1.01%
MCRI	B	-1.0%
FCPT	D	-0.99%
SHO	B	-0.98%
SKT	A	-0.98%
HMN	B	-0.97%
AWR	C	-0.96%
PRGS	A	-0.96%
PBH	B	-0.94%
AGO	B	-0.94%
NMIH	D	-0.94%
FELE	C	-0.94%
AKR	B	-0.93%
APLE	B	-0.93%
UE	B	-0.93%
CASH	B	-0.92%
CHCO	B	-0.92%
APOG	B	-0.91%
MLI	B	-0.91%
PJT	B	-0.91%
AWI	A	-0.91%
TR	C	-0.9%
IOSP	B	-0.9%
BCPC	B	-0.89%
ALEX	B	-0.89%
IDCC	A	-0.89%
BRC	B	-0.89%
BSIG	B	-0.88%
SNEX	B	-0.88%
PLXS	B	-0.88%
RDN	D	-0.88%
ESE	B	-0.88%
PIPR	B	-0.88%
BFS	B	-0.88%
EFC	D	-0.87%
COOP	B	-0.87%
CPK	C	-0.86%
GTES	B	-0.86%
WSR	B	-0.86%
UTL	D	-0.85%
KFY	B	-0.84%
DRH	B	-0.84%
ACA	B	-0.84%
FUL	D	-0.84%
EPAC	B	-0.83%
CWT	D	-0.83%
NBHC	B	-0.83%
LXP	D	-0.83%
SJW	F	-0.83%
SHOO	D	-0.83%
MTX	B	-0.82%
PSMT	C	-0.82%
SXT	B	-0.82%
MGY	B	-0.82%
FBRT	B	-0.82%
WERN	B	-0.82%
HUBG	B	-0.81%
MMSI	A	-0.81%
CPF	B	-0.8%
HSTM	A	-0.8%
EPC	D	-0.8%
WABC	B	-0.8%
AL	B	-0.8%
MOG.A	B	-0.79%
NSIT	F	-0.78%
GNW	C	-0.78%
WT	B	-0.78%
KELYA	F	-0.77%
HTH	C	-0.77%
KMT	B	-0.77%
VRE	B	-0.76%
SNDR	B	-0.76%
ELME	D	-0.76%
AHH	D	-0.75%
VRRM	F	-0.75%
NAVI	F	-0.75%
EZPW	B	-0.74%
OFG	C	-0.74%
SMPL	C	-0.74%
EVTC	D	-0.74%
TNC	F	-0.74%
CSR	C	-0.73%
ADUS	D	-0.73%
JJSF	B	-0.73%
RGR	F	-0.72%
KAR	B	-0.72%
UNF	C	-0.72%
DFIN	F	-0.71%
CNXN	C	-0.71%
NVEE	B	-0.71%
NHC	C	-0.71%
MRTN	C	-0.7%
UHT	D	-0.69%
NABL	F	-0.67%
FSS	D	-0.66%
JBSS	F	-0.66%
SPNT	D	-0.66%
USPH	C	-0.64%
AIN	D	-0.57%