USMV vs. TPLC ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Timothy Plan US Large Cap Core ETF (TPLC)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.30

Average Daily Volume

2,245,458

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

TPLC

Timothy Plan US Large Cap Core ETF

TPLC Description

The investment seeks to provide investment results that track the performance of the Victory US Large Cap 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 US Large Cap 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.

Grade (RS Rating)

Last Trade

$43.50

Average Daily Volume

26,857

Number of Holdings ^*

282

* may have additional holdings in another (foreign) market

Performance

Period	USMV	TPLC
30 Days	1.55%	1.62%
60 Days	6.06%	4.33%
90 Days	7.99%	5.75%
12 Months	23.39%	22.73%

68 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in TPLC	Overlap
ACGL	B	0.8%	0.46%	0.46%
ADI	D	0.25%	0.4%	0.25%
AEE	B	0.22%	0.47%	0.22%
AEP	B	0.42%	0.51%	0.42%
AFG	B	0.34%	0.43%	0.34%
AJG	C	1.29%	0.61%	0.61%
AKAM	D	0.45%	0.38%	0.38%
ANET	B	0.27%	0.23%	0.23%
APH	D	1.29%	0.53%	0.53%
ATO	B	0.05%	0.61%	0.05%
AVGO	C	1.21%	0.27%	0.27%
BMRN	F	0.3%	0.28%	0.28%
CBOE	C	0.87%	0.55%	0.55%
CDNS	D	0.16%	0.27%	0.16%
CDW	D	0.45%	0.42%	0.42%
CMS	A	0.2%	0.53%	0.2%
CPB	B	0.39%	0.47%	0.39%
CTSH	C	0.77%	0.45%	0.45%
DPZ	F	0.17%	0.31%	0.17%
DTE	B	0.21%	0.5%	0.21%
ED	C	1.22%	0.56%	0.56%
EG	B	0.45%	0.37%	0.37%
EOG	D	0.15%	0.31%	0.15%
ERIE	A	0.52%	0.35%	0.35%
FANG	D	0.53%	0.3%	0.3%
FCNCA	D	0.73%	0.35%	0.35%
FFIV	A	0.49%	0.49%	0.49%
FICO	A	0.48%	0.45%	0.45%
FSLR	C	0.07%	0.22%	0.07%
GD	B	0.06%	0.51%	0.06%
GRMN	D	0.27%	0.49%	0.27%
HRL	C	0.22%	0.27%	0.22%
HUM	F	0.47%	0.32%	0.32%
ICE	B	0.29%	0.62%	0.29%
INCY	C	0.48%	0.39%	0.39%
IT	B	0.34%	0.36%	0.34%
KEYS	C	0.54%	0.29%	0.29%
KMB	D	0.22%	0.64%	0.22%
LIN	B	0.17%	0.54%	0.17%
LNT	A	0.1%	0.54%	0.1%
MKL	C	0.32%	0.39%	0.32%
MPC	D	0.56%	0.26%	0.26%
NBIX	F	0.33%	0.3%	0.3%
NOW	A	0.65%	0.35%	0.35%
NTAP	D	0.21%	0.3%	0.21%
NVDA	D	0.54%	0.25%	0.25%
ORLY	B	0.63%	0.45%	0.45%
OTIS	D	0.06%	0.53%	0.06%
OXY	F	0.13%	0.27%	0.13%
PKG	B	0.18%	0.45%	0.18%
PSX	D	0.06%	0.29%	0.06%
PTC	D	0.47%	0.39%	0.39%
REGN	C	0.92%	0.61%	0.61%
ROL	C	0.37%	0.39%	0.37%
ROP	C	1.31%	0.59%	0.59%
RSG	D	1.52%	0.72%	0.72%
SNPS	D	0.17%	0.25%	0.17%
SO	B	1.37%	0.61%	0.61%
TDY	C	0.52%	0.45%	0.45%
TEL	D	0.07%	0.41%	0.07%
TW	A	0.17%	0.42%	0.17%
UTHR	C	0.13%	0.52%	0.13%
VLO	D	0.05%	0.24%	0.05%
VRSK	D	0.4%	0.62%	0.4%
WEC	B	0.75%	0.51%	0.51%
WM	D	1.37%	0.54%	0.54%
WMB	B	0.23%	0.59%	0.23%
WRB	C	0.3%	0.46%	0.3%

USMV Overweight 102 Positions Relative to TPLC

Symbol	Grade	Weight
TMUS	C	1.7%
IBM	B	1.7%
PGR	A	1.68%
WMT	B	1.66%
MSI	C	1.64%
LLY	C	1.58%
DUK	C	1.55%
WCN	D	1.55%
NOC	B	1.52%
CB	B	1.5%
BRK.A	C	1.49%
VZ	B	1.44%
MSFT	C	1.38%
TXN	C	1.38%
UNH	C	1.38%
CSCO	B	1.29%
ACN	C	1.28%
JNJ	B	1.28%
MCD	C	1.27%
PG	C	1.26%
ABBV	C	1.22%
MRK	D	1.22%
MMC	C	1.16%
PEP	C	1.15%
MCK	F	1.14%
ORCL	B	1.12%
TRV	B	1.05%
AZO	D	0.99%
AAPL	D	0.97%
GILD	B	0.89%
LMT	C	0.88%
V	B	0.83%
K	A	0.81%
GDDY	C	0.81%
EA	D	0.78%
GIS	B	0.77%
VRTX	D	0.75%
ELV	C	0.72%
T	B	0.71%
KDP	A	0.71%
AMGN	B	0.7%
TSN	C	0.69%
MA	B	0.67%
COR	D	0.66%
VRSN	D	0.65%
KR	B	0.59%
BDX	F	0.59%
NEM	B	0.58%
FI	A	0.57%
MDLZ	B	0.52%
CME	C	0.51%
YUM	D	0.51%
AON	B	0.49%
JNPR	A	0.49%
CL	C	0.47%
UBER	C	0.47%
TJX	C	0.45%
KHC	C	0.44%
BAH	B	0.44%
XOM	D	0.43%
WDAY	D	0.42%
XEL	A	0.42%
BMY	C	0.41%
CTVA	B	0.37%
CHD	C	0.37%
WTW	B	0.36%
CMCSA	D	0.36%
HSY	C	0.35%
GEN	A	0.32%
CVX	D	0.3%
FWONK	D	0.29%
HD	B	0.28%
AIZ	B	0.28%
GLW	B	0.28%
L	B	0.27%
ALNY	B	0.25%
PFE	C	0.24%
MOH	C	0.23%
D	C	0.23%
CI	C	0.23%
HON	D	0.22%
AZPN	A	0.21%
MELI	B	0.2%
HUBS	D	0.18%
HOLX	B	0.17%
STX	D	0.17%
CRWD	F	0.14%
MDT	C	0.14%
GOOG	D	0.14%
HIG	A	0.12%
AMZN	C	0.12%
KO	B	0.11%
DELL	D	0.1%
DGX	B	0.1%
RTX	C	0.09%
ABT	C	0.09%
ADP	B	0.08%
KNX	C	0.06%
ULTA	D	0.05%
CVS	D	0.05%
BR	D	0.05%
CRM	D	0.04%

USMV Underweight 214 Positions Relative to TPLC

Symbol	Grade	Weight
GL	C	-0.93%
KMI	A	-0.61%
AFL	B	-0.58%
BRO	C	-0.57%
HWM	B	-0.57%
HEI	B	-0.55%
PEG	B	-0.55%
WAB	A	-0.55%
COST	C	-0.55%
ETR	A	-0.54%
ITW	B	-0.53%
LDOS	C	-0.53%
CTAS	C	-0.53%
RGA	B	-0.52%
RYAN	C	-0.51%
SHW	B	-0.51%
OKE	B	-0.51%
AVY	D	-0.51%
PAYX	C	-0.51%
AME	C	-0.51%
STE	C	-0.51%
NDAQ	B	-0.5%
SSNC	B	-0.5%
TYL	C	-0.5%
NI	B	-0.5%
SYY	D	-0.5%
AWK	A	-0.49%
ROST	C	-0.49%
EVRG	A	-0.49%
TRGP	B	-0.48%
CINF	B	-0.48%
DOV	B	-0.47%
USFD	B	-0.47%
LNG	D	-0.46%
FDS	C	-0.46%
HCA	B	-0.46%
CSX	D	-0.45%
UNP	B	-0.45%
JKHY	B	-0.44%
EXPD	B	-0.44%
CNP	C	-0.44%
CASY	D	-0.43%
DHR	B	-0.43%
PFG	B	-0.43%
XYL	D	-0.43%
CAH	C	-0.43%
TDG	B	-0.43%
ACM	B	-0.42%
LYB	F	-0.42%
ZTS	B	-0.42%
LOW	B	-0.42%
SYK	C	-0.42%
GWW	B	-0.42%
FAST	C	-0.41%
TSCO	C	-0.41%
PPG	C	-0.41%
IR	C	-0.4%
RPM	B	-0.4%
NVR	B	-0.4%
IEX	D	-0.4%
CARR	B	-0.39%
BKR	D	-0.39%
IBKR	B	-0.39%
NSC	C	-0.38%
LII	B	-0.38%
SNA	B	-0.38%
MKC	B	-0.38%
TT	B	-0.38%
HII	C	-0.38%
SCI	B	-0.37%
PH	B	-0.37%
ISRG	C	-0.37%
IP	B	-0.37%
GGG	C	-0.37%
ALLE	B	-0.37%
MSCI	C	-0.36%
DE	B	-0.36%
AOS	C	-0.36%
EQH	C	-0.36%
NEE	B	-0.36%
RNR	B	-0.36%
CPRT	D	-0.36%
FTV	C	-0.36%
MAS	B	-0.36%
MTD	D	-0.35%
DHI	B	-0.35%
EFX	C	-0.35%
CPAY	B	-0.35%
PCAR	D	-0.35%
VMC	D	-0.35%
EME	B	-0.34%
LKQ	D	-0.34%
WSO	C	-0.34%
MANH	B	-0.34%
PHM	B	-0.33%
CRBG	D	-0.33%
TXT	D	-0.33%
GPC	D	-0.33%
CMG	C	-0.33%
VST	C	-0.33%
VLTO	C	-0.33%
MORN	C	-0.32%
MLM	D	-0.32%
HUBB	B	-0.32%
CSL	C	-0.32%
LEN	B	-0.32%
TPL	C	-0.32%
RMD	C	-0.31%
LYV	B	-0.31%
TER	D	-0.31%
CF	B	-0.31%
UHAL	B	-0.31%
A	C	-0.31%
TOL	B	-0.3%
CAT	C	-0.3%
IQV	C	-0.3%
COP	D	-0.3%
BALL	C	-0.3%
GEHC	C	-0.3%
DT	C	-0.3%
CTRA	F	-0.3%
JBHT	D	-0.3%
SWKS	F	-0.3%
AXON	B	-0.29%
IDXX	C	-0.29%
AVTR	B	-0.29%
WAT	C	-0.29%
VEEV	C	-0.29%
BURL	B	-0.28%
KLAC	D	-0.28%
PWR	B	-0.28%
RS	D	-0.28%
WLK	D	-0.28%
BSY	D	-0.28%
LPLA	D	-0.27%
LECO	F	-0.27%
NXPI	D	-0.27%
MRO	D	-0.27%
ODFL	C	-0.26%
CSGP	D	-0.26%
DVA	B	-0.26%
CHK	D	-0.26%
POOL	C	-0.26%
DAY	D	-0.25%
CPNG	B	-0.25%
SLB	F	-0.25%
URI	B	-0.25%
KMX	D	-0.25%
DECK	C	-0.25%
MPWR	C	-0.25%
LW	D	-0.25%
TRMB	C	-0.25%
CE	D	-0.25%
MCHP	D	-0.24%
NUE	F	-0.24%
DVN	F	-0.24%
PODD	B	-0.24%
TSLA	C	-0.24%
HAL	F	-0.24%
ROK	D	-0.24%
FIX	B	-0.24%
DINO	D	-0.23%
ZBRA	B	-0.23%
FTNT	C	-0.23%
STLD	D	-0.23%
BEN	F	-0.23%
WMS	D	-0.22%
AES	C	-0.22%
CEG	C	-0.22%
EQT	D	-0.22%
KNSL	C	-0.22%
APTV	D	-0.22%
OVV	D	-0.21%
PANW	D	-0.21%
EW	F	-0.21%
WST	D	-0.21%
FND	C	-0.21%
COTY	F	-0.21%
ENTG	D	-0.2%
PR	D	-0.2%
BLD	D	-0.2%
CRL	D	-0.2%
TTD	B	-0.2%
DOCU	C	-0.2%
FCX	D	-0.2%
EPAM	D	-0.2%
BRKR	D	-0.19%
MEDP	D	-0.18%
BLDR	C	-0.18%
ON	D	-0.18%
PLTR	B	-0.18%
APP	B	-0.16%
PSTG	F	-0.16%
RGEN	F	-0.16%
SAIA	D	-0.16%
AMD	F	-0.16%
JBL	D	-0.15%
DLTR	F	-0.14%
DDOG	D	-0.14%
CVNA	B	-0.14%
VRT	C	-0.14%
FIVE	D	-0.13%
SQ	D	-0.13%
DG	F	-0.13%
ENPH	C	-0.12%
ALGN	D	-0.12%
ESTC	F	-0.1%
ALB	F	-0.1%
DXCM	F	-0.1%
LSCC	D	-0.1%
MSTR	D	-0.08%
COIN	F	-0.07%
CELH	F	-0.06%
SMCI	F	-0.04%