TPMN vs. RIET
Compare and contrast key facts about Timothy Plan Market Neutral ETF (TPMN) and Hoya Capital High Dividend Yield ETF (RIET).
TPMN and RIET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPMN is an actively managed fund by Timothy. It was launched on Jan 24, 2023. RIET is a passively managed fund by Pettee Investors that tracks the performance of the Hoya Capital High Dividend Yield Index. It was launched on Sep 21, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPMN or RIET.
Correlation
The correlation between TPMN and RIET is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TPMN vs. RIET - Performance Comparison
Key characteristics
TPMN:
0.41
RIET:
0.09
TPMN:
0.62
RIET:
0.23
TPMN:
1.07
RIET:
1.03
TPMN:
0.35
RIET:
0.06
TPMN:
0.89
RIET:
0.32
TPMN:
2.03%
RIET:
4.46%
TPMN:
4.37%
RIET:
16.64%
TPMN:
-5.10%
RIET:
-34.61%
TPMN:
-0.47%
RIET:
-17.01%
Returns By Period
In the year-to-date period, TPMN achieves a -0.03% return, which is significantly higher than RIET's -1.39% return.
TPMN
-0.03%
-0.47%
3.43%
1.90%
N/A
N/A
RIET
-1.39%
-5.46%
-4.58%
1.17%
N/A
N/A
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TPMN vs. RIET - Expense Ratio Comparison
TPMN has a 0.65% expense ratio, which is higher than RIET's 0.50% expense ratio.
Risk-Adjusted Performance
TPMN vs. RIET — Risk-Adjusted Performance Rank
TPMN
RIET
TPMN vs. RIET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Market Neutral ETF (TPMN) and Hoya Capital High Dividend Yield ETF (RIET). 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.
Dividends
TPMN vs. RIET - Dividend Comparison
TPMN's dividend yield for the trailing twelve months is around 4.16%, less than RIET's 10.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
TPMN Timothy Plan Market Neutral ETF | 4.16% | 4.14% | 8.57% | 0.00% | 0.00% |
RIET Hoya Capital High Dividend Yield ETF | 10.31% | 10.17% | 9.33% | 9.33% | 1.99% |
Drawdowns
TPMN vs. RIET - Drawdown Comparison
The maximum TPMN drawdown since its inception was -5.10%, smaller than the maximum RIET drawdown of -34.61%. Use the drawdown chart below to compare losses from any high point for TPMN and RIET. For additional features, visit the drawdowns tool.
Volatility
TPMN vs. RIET - Volatility Comparison
The current volatility for Timothy Plan Market Neutral ETF (TPMN) is 1.51%, while Hoya Capital High Dividend Yield ETF (RIET) has a volatility of 5.57%. This indicates that TPMN experiences smaller price fluctuations and is considered to be less risky than RIET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.