Skip to Content

Big news:Composer has joined SoFi!Read the blog post

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

Top 10 Holdings

ACS
ACS, Actividades de Construccion Y Servicios, S.A.
0.93%
TEL
Telenor ASA
0.8%
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%

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.

Loading backtest data...

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.

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.

Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

With any investment, your capital is at risk. The value of your portfolio with Composer can go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Please see Composer Securities' Customer Relationship Summary.

Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

Options trading involves significant risk and is not appropriate for all investors. Prior to buying or selling an option with Composer Securities LLC, please read the "Characteristics and Risks of Standardized Options," also known as the Options Disclosure Document (ODD). You can access the ODD by clicking here. Options transactions are often complex and can expose investors to potentially rapid and substantial losses. In some cases, you may lose your entire investment in a relatively short period. Furthermore, certain complex options strategies carry additional risk, including the potential for losses that may exceed your original investment amount.

Please read important legal disclosures.

Composer Securities does not provide tax advice. This material is for informational purposes only and is not intended to be a substitute for consultation with a qualified tax professional before making any investment decisions.

The cash sweep program is made available in coordination with Apex Clearing Corporation through Composer Securities. Please read the Important Disclosures for more information.

Composer Securities is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. SIPC does not protect against market losses.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, Composer Technologies Inc., Composer Securities LLC, and its affiliates are not partners, affiliates, or licensees of these companies.

Market data refreshed at least every 15 minutes unless otherwise indicated. Market data provided by Xignite.

© 2026 All rights reserved.