EFIV vs TPSC

EFIVAState Street SPDR S&P 500 ESG ETF

TPSCCTimothy Plan US Small Cap Core ETF

In short

EFIV A screened S&P 500 that still looks like one. EFIV trims to about 300 names on ESG criteria but holds industry-group weights close to the parent index, for 0.10% a year.

TPSC Small caps run through two filters at once: a biblically responsible screen, and volatility weighting that sizes each holding by how much the stock moves rather than how big the company is.

Stated mandate

EFIV The Fund seeks to track an index of securities selected using environmental, social, and governance sustainability criteria while retaining industry-group weights broadly similar to the S&P 500 Index.

TPSC The Fund seeks to match, before fees and expenses, the performance of the Victory US Small Cap Volatility Weighted BRI Index.

Why people hold it

• EFIV Charges 0.10% a year, well under the 0.25% typical of its values-screened peer group.
• Keeps industry-group weights broadly similar to the S&P 500, so the screen changes which names you own more than which sectors.
• Tracks its declared index very tightly, one of the cleaner implementations in its cohort.
• Straightforward 1940 Act index fund from SPDR, running since 2020, distributing quarterly.

• TPSC The index weights by volatility instead of market cap, so the jumpiest names get the smallest slots. A different shape of small cap exposure than a cap-weighted fund.
• The faith screen lives in the index rules, not a manager's judgment: the fund's job is to match the Victory US Small Cap Volatility Weighted BRI Index before fees and expenses.
• At 0.52%, it charges the median fee for its US small cap peer group, and it pays distributions monthly.
• Live since 2019 and one of the stronger implementations in its small cap peer group on our review, with no structural red flags in the wrapper.

Worth knowing

• EFIV About 300 stocks, not 500. The screens remove names, so results can diverge from the headline S&P 500.
• Cheaper shelf-mates exist: XVV at 0.08% and ESGV at 0.09% undercut it on fee.
• Mid-size asset base and moderate trading volume, which can mean wider spreads than the mega-cap index giants.

• TPSC Thinly traded next to the giants of the category, so bid-ask spreads can run wider, particularly in fast markets.
• Broad small cap rivals AVUV and AVSC charge 0.25%, under half this fund's 0.52%.
• Values screens plus volatility weighting mean the portfolio can look and behave quite differently from a standard cap-weighted small cap index. Matching one isn't the goal.

Full EFIV profile⁠

Full TPSC profile⁠