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ETFs

Timothy Plan Market Neutral ETF

TPMN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 24 2023
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
Timothy Plan
Volume (1m avg. daily)
$97,685
AUM
$30,426,800
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ACS
ACS, Actividades de Construccion Y Servicios, S.A.
0.93%
TEL
Telenor ASA
0.80%
ADEN
Adecco Group AG
0.76%
EN
Bouygues
0.74%
KEY
Keyera Corp
0.73%
ELE
ENDESA SA
0.73%
ALE
Allete, Inc.
0.72%
POW
Power Corp. Of Canada - Ordinary Shares (Sub Voting)
0.72%
PPL
Pembina Pipeline Corporation
0.72%
NDA SE
Nordea Bank Abp
0.72%
Invest with TPMN

What is TPMN?

Timothy Plan's Market Neutral ETF is an exchange-traded fund that employs a propriety market-neutral investment strategy designed to seek income from its investments while maintaining a low correlation to the foreign and domestic equity and bond markets. The fund seeks to generate income from equities without equity volatility. It is designed to be an innovative solution to income generation in a low-rate environment, as well as an alternative income stream to fixed income. The Fund (or index) uses a multi-strategy approach. First, it seeks income from long positions in foreign and domestic dividend-producing equity securities of any market capitalization size. Second, the fund seeds to offset market risk by selling short high-correlating equity index futures contracts, such as the S&P 500 Index, Russell 2000 or MSCI EAFE Indexes, or exchange-traded funds (ETFs) that track such indexes. The Index then eliminates the companies that do not satisfy the eVALUEator proprietary Biblically Responsible Investing ("BRI") filtering criteria.

ETFs related toTPMN

ETFs correlated to TPMN include KRE, EWX, DPST

TPMN
Timothy Plan - Timothy Plan Market Neutral ETF
KRE
SPDR Series Trust - SPDR S&P Regional Banking ETF
EWX
SSgA Active Trust - SPDR S&P Emerging Markets Small Cap ETF
DPST
Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares
CSB
Victory Portfolios II - VictoryShares US Small Cap High Div Volatility Wtd ETF
KBE
SPDR Series Trust - SPDR S&P Bank ETF
XSLV
Invesco Capital Management LLC - Invesco S&P SmallCap Low Volatility ETF
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
OMFS
Invesco Exchange-Traded Fund Trust II - Invesco Russell 2000 Dynamic Multifactor ETF
SMDV
ProShares Trust - ProShares Russell 2000 Div Growers ETF
WOOD
BlackRock Institutional Trust Company N.A. - iShares Global Timber & Forestry ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toTPMN

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with TPMN using Composer

FAQ

TPMN is a Global Equities ETF. Timothy Plan's Market Neutral ETF is an exchange-traded fund that employs a propriety market-neutral investment strategy designed to seek income from its investments while maintaining a low correlation to the foreign and domestic equity and bond markets. The fund seeks to generate income from equities without equity volatility. It is designed to be an innovative solution to income generation in a low-rate environment, as well as an alternative income stream to fixed income. The Fund (or index) uses a multi-strategy approach. First, it seeks income from long positions in foreign and domestic dividend-producing equity securities of any market capitalization size. Second, the fund seeds to offset market risk by selling short high-correlating equity index futures contracts, such as the S&P 500 Index, Russell 2000 or MSCI EAFE Indexes, or exchange-traded funds (ETFs) that track such indexes. The Index then eliminates the companies that do not satisfy the eVALUEator proprietary Biblically Responsible Investing ("BRI") filtering criteria.

Yes, TPMN is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, TPMN is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TPMN is 0.0212%. This is the percent change in the value of TPMN over the most recent 1-month period. The 3-month return on TPMN is 0.0345%. This is the percent change in the value of TPMN over the most recent 3-month period.

ETFs similar to TPMN include PBW, IGF, and ARKK.

ETFs correlated to TPMN include KRE, EWX, and DPST.

ETFs that are inversely correlated to TPMN include HDGE, EDZ, and YANG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.