TPFG vs. PBUS

Last updated Aug 5, 2026

TPFG (Timothy Plan Free Cash Flow Growth ETF) and PBUS (Invesco PureBeta MSCI USA ETF) are both exchange-traded funds - TPFG is a Large Cap Blend Equities fund tracking the Victory Free Cash Flow Growth BRI Index, while PBUS is a Large Cap Growth Equities fund tracking the MSCI USA Index. Both are passively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. TPFG charges 0.59%/yr vs 0.04%/yr for PBUS.

Performance

TPFG vs. PBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Timothy Plan Free Cash Flow Growth ETF (TPFG) and Invesco PureBeta MSCI USA ETF (PBUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TPFG

• 1D: 2.69%
• 1M: -0.14%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PBUS

• 1D: 1.79%
• 1M: 3.49%
• 6M: 12.55%
• YTD: 13.64%
• 1Y: 23.16%
• 3Y*: 21.60%
• 5Y*: 12.88%
• 10Y*: —
• ALL TIME*: 15.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PBUS Invesco PureBeta MSCI USA ETF	$12.53M	$12.57M	$26.13M
TPFG Timothy Plan Free Cash Flow Growth ETF	$342.29K	$184.68K	$526.09K

TPFG vs. PBUS - Yearly Performance Comparison

	2026 (YTD)
TPFG Timothy Plan Free Cash Flow Growth ETF	3.27%
PBUS Invesco PureBeta MSCI USA ETF	7.82%

Correlation

The correlation between TPFG and PBUS is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.76

Return for Risk

TPFG vs. PBUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TPFG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PBUS

PBUS Risk / Return Rank: 68
PBUS Sharpe Ratio Rank: 68
PBUS Sortino Ratio Rank: 66
PBUS Omega Ratio Rank: 67
PBUS Calmar Ratio Rank: 65
PBUS Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TPFG vs. PBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Free Cash Flow Growth ETF (TPFG) and Invesco PureBeta MSCI USA ETF (PBUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TPFG	PBUS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.78	—
Sortino ratio: Return per unit of downside risk	—	2.46	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.58	—
Martin ratio: Return relative to average drawdown	—	10.82	—

Drawdowns

TPFG vs. PBUS - Drawdown Comparison

The maximum TPFG drawdown since its inception was -13.31%, smaller than the maximum PBUS drawdown of -33.15%. Use the drawdown chart below to compare losses from any high point for TPFG and PBUS.

Drawdown Indicators

	TPFG	PBUS	Difference
Max Drawdown Largest peak-to-trough decline	-13.31%	-33.15%	+19.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.40%	—
Current Drawdown Current decline from peak	-5.91%	0.00%	-5.91%
Average Drawdown Average peak-to-trough decline	-4.23%	-5.07%	+0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.15%	—

Volatility

Volatility by Period

	TPFG	PBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.68%	13.14%	+18.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.68%	17.19%	+14.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.68%	19.27%	+12.41%

TPFG vs. PBUS - Expense Ratio Comparison

TPFG has a 0.59% expense ratio, which is higher than PBUS's 0.04% expense ratio.

Dividends

TPFG vs. PBUS - Dividend Comparison

TPFG has not paid dividends to shareholders, while PBUS's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
PBUS Invesco PureBeta MSCI USA ETF	0.99%	1.05%	1.20%	1.36%	1.71%	0.98%	1.35%	1.53%	2.33%	0.50%
TPFG Timothy Plan Free Cash Flow Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TPFG and PBUS in my portfolio?

TPFG and PBUS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TPFG or PBUS?

On fees, PBUS is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TPFG or PBUS?

PBUS is cheaper with a 0.04% expense ratio, compared with 0.59% for TPFG.

Which ETF pays a higher dividend yield, TPFG or PBUS?

PBUS has the higher dividend yield at 0.99%, compared with 0.00% for TPFG.

What is the main difference between TPFG and PBUS?

TPFG is categorized as Large Cap Blend Equities, while PBUS is Large Cap Growth Equities. TPFG tracks Victory Free Cash Flow Growth BRI Index, while PBUS tracks MSCI USA Index. They also come from different issuers: Timothy Plan and Invesco. Their fees differ too: 0.59% for TPFG and 0.04% for PBUS.