Timothy Plan International ETF
ALTAR
Score™
6.4% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
15.1x P/Sales
ratio
1.1x
P/BV
ratio
1.5x Div.
yield
3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
TPIF tracks a volatility-weighted index of international stocks screened for defined Christian values.

FUND BASICS
Category International Equities
Fund Sponsor Timothy Partners Ltd.
Website timothyplan.com
Inception date Dec 02, 2019
Assets (mns) $25
Currency USD
Expense ratio 62 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Volatility
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 365
Wgt avg mkt cap (mns) $27,803
Large cap (>$10bn) 86.2%
Mid cap ($2-10bn) 13.3%
Small cap (<$2bn) 0.5%
Developed mkts 95.7%
Emerging mkts 4.3%

TOP TEN HOLDINGS
POWER CORP OF CANADA 0.9 %
FORTIS INC 0.7 %
NATIONAL BANK OF CANADA 0.6 %
EMERA INC 0.6 %
CANADIAN UTILITIES LTD A 0.5 %
METRO INC -A 0.5 %
GIVAUDAN-REG 0.5 %
HONGKONG ELECTRIC HOLDINGS 0.5 %
SWISS LIFE HOLDING AG-REG 0.5 %
SWISSCOM AG 0.5 %
Total 5.9 %

TOP COUNTRY EXPOSURE
JAPAN 21.3 %
CANADA 11.0 %
FRANCE 9.2 %
SWITZERLAND 8.5 %
AUSTRALIA 6.8 %
BRITAIN 6.8 %
GERMANY 5.9 %
HONG KONG 5.8 %
SOUTH KOREA 4.7 %
SWEDEN 3.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.4% -- -- -- -2.4%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $25.47
30d moving avg. $25.71
Annualized volatility 0.0%
Short interest (ETF) 1.9%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.4%
Bid/Ask (% of price) 0.37%
ADV underlying (mns) $19,600

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 19 potential alternatives to the Timothy Plan International ETF ETF based on the alternatives' overlap in portfolio holdings with TPIF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: TPIF Expense: 62 bp ALTAR Score™: 6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH TPIF
Ticker Fund
Name
Overlap1
vs TPIF
(%)
Expense
ratio
(bp)
Savings
vs TPIF
(bp)
ALTAR
Score™
(%)
ALTAR
vs TPIF
(%)
CIZ Compass EMP Dev. 500 Enhanced Vol. Wgt. 72.4 45 17 6.7 +0.4
CIL Victory CEMP International Volatility Wtd 72.2 45 17 6.8 +0.5
JHMD John Hancock Multifactor Developed International 37.9 45 17 7.1 +0.7
GSIE Goldman Sachs ActiveBeta Int'l Equity 37.2 25 37 6.5 +0.1
HFXI IQ 50 Percent Hedged FTSE Int'l 37.1 20 42 7.0 +0.6
ESGD iShares MSCI EAFE ESG Optimized 36.7 20 42 6.8 +0.4
QEFA SPDR MSCI EAFE Quality Mix 36.4 30 32 6.5 +0.1
EFA iShares MSCI EAFE 35.6 32 30 6.8 +0.4
PDEV Principal International Multi-Factor Core Index 35.3 25 37 6.5 +0.1
RBIN Nationwide Risk-Based International Equity 35.2 42 20 6.6 +0.3
PQIN PGIM QMA Strategic Alpha International Equity 34.5 29 33 7.3 +0.9
ISZE iShares MSCI Int'l Developed Size Factor 34.5 30 32 6.7 +0.3
EFAX SPDR MSCI EAFE Fossil Fuel Free 34.4 20 42 6.7 +0.4
DBEF Xtrackers MSCI EAFE Hedged 34.2 35 27 6.6 +0.2
SCHF Schwab International Equity 34.2 6 56 7.2 +0.8
PBDM Invesco PureBeta FTSE Developed ex-North America 34.1 7 55 7.3 +0.9
JPEU JPMorgan Diversified Return Europe Equity 34.0 37 25 6.3 -0.1
IDLV Invesco S&P Int'l Developed Low Volatility 33.3 25 37 6.1 -0.2
IQSI IQ Candriam ESG International Equity ETF 33.2 15 47 6.7 +0.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Timothy Plan International ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.2 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 62 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.69 CATEGORY
AVERAGE
1.64
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.