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FEDM vs TPIF

Northern Trust ESG & Climate Developed Markets ex-US Core ETF

FEDMANYSE Arca

Timothy Plan International ETF

TPIFBNYSE Arca

Overlap

Expense ratio

FEDM −0.50pt a year

FEDM0.12%TPIF0.62%

Avg volume · 30D

TPIF 12.1×the volume

FEDM1.98KTPIF23.9K

5Y return · a year

TPIF +0.3pt

FEDM+7.7%TPIF+8.0%

FEDM vs TPIF Performance

Nov 9, 2021 – Nov 9, 2026

+44.6%FEDM+47.0%TPIF

Nov 9, 2021 to Nov 9, 2026. FEDM +44.6%. TPIF +47.0%. Use the arrow keys to read each point.−20%0%20%Nov 2021May 2024Nov 2026
Expense ratio
FEDM 0.12%, better
TPIF 0.62%
Fund size
FEDM $85M
TPIF $269M
1Y total return
FEDM +17.1%, better
TPIF +15.8%
Yield (12M)
FEDM 2.84%, better
TPIF 2.65%
Holdings
FEDM 231
TPIF 392
Avg volume (30D)
FEDM 1.98K sh
TPIF 23.9K sh, better
NAV per share
FEDM $64.16
TPIF $36.87
52W range

ETF.net Grade

FEDM: Cost 88, Risk 55, Mission 100, Tradability 38, Holdings 62, Durability 40. TPIF: Cost 15, Risk 78, Mission 100, Tradability 25, Holdings 89, Durability 49.
Pillar letters and Scores for FEDM, TPIF, with each pillar’s weight
PillarFEDMTPIF
Cost30% weightA88HigherF15
Mission25% weightA100A100
Risk15% weightB55A78Higher
Tradability15% weightD38HigherD25
Holdings10% weightB62A89Higher
Durability5% weightC40C49Higher

Rank among International ESG & Values Index funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FEDM and TPIF are both graded against the same 18 International ESG & Values Index funds, so their Grades compare head to head.

See all 18 ›

FEDM ranks 4th and TPIF 11th of 18 funds in the International ESG & Values Index Category.

  1. Rank 1AVSGXVanguard ESG International Stock ETFScore 79
  2. Rank 2AESGDiShares ESG Aware MSCI EAFE ETFScore 78
  3. Rank 3ADMXFiShares ESG Advanced MSCI EAFE ETFScore 76
  4. Rank 4AFEDMNorthern Trust ESG & Climate Developed Markets ex-US Core ETFScore 73
  5. Rank 5AEFAXState Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETFScore 71
  6. Rank 11BLCTDiShares World ex U.S. Carbon Transition Readiness Aware Active ETFScore 56
  7. Rank 11BTPIFTimothy Plan International ETFScore 56
  8. Rank 13BESGGNorthern Trust STOXX Global ESG Select ETFScore 55

Our read on each fund

ETF.net Research

FEDMANorthern Trust ESG & Climate Developed Markets ex-US Core ETF

TPIFBTimothy Plan International ETF

In short

FEDM Northern Trust writes the index and runs the fund: a developed-ex-US core holding screened on its own ESG and climate scoring, at 0.12% net of a waiver through March 1, 2027.

TPIF Timothy Plan's international sleeve runs a biblically responsible screen first, then weights whatever survives by volatility instead of size. Conviction is the product here, and the fee reflects it.

Stated mandate

FEDM The Fund seeks to track, before fees and expenses, the performance of the Northern Trust ESG & Climate Developed Markets ex-US Core Index.

TPIF The Fund aims to match, before fees and expenses, the performance of the Victory International Volatility Weighted BRI Index. It normally invests at least 80% of net assets directly or indirectly in securities included in that index.

Why people hold it

  • FEDM At 0.12% net of a waiver through March 1, 2027, it sits at the low end of its peer group, matching DMXF (0.12%) and undercutting ESGD (0.20%).
  • Optimized, not just screened: the index limits how far any stock, sector or region can drift from its developed-ex-US parent, so it still behaves like core foreign equity.flexshares.com
  • Northern Trust scores companies on its own ESG Vector Score instead of licensing a third party ratings index, and manages the fund in-house.flexshares.com
  • Roughly 300 large and mid-cap names across developed markets outside the US, paid out quarterly.flexshares.com
  • TPIF The Biblically Responsible Investing screen is written into the mandate, not bolted on for marketing: it filters the universe before any weighting happens.
  • The benchmark is volatility weighted, so position sizes key off price swings rather than sheer company size, unlike the cap-weighted default abroad.
  • Simple plumbing: at least 80% of net assets in the index's securities, aiming to match it before fees, with monthly distributions.

Worth knowing

  • FEDM Thinly traded next to the category giants, so spreads can widen. Limit orders matter more here than with the household-name alternatives.
  • The 0.12% is net of a waiver through March 1, 2027; the gross fee is 0.16%, so the discount depends on that waiver being extended.
  • ESG and climate screens change what it owns versus a plain developed-ex-US index, so results can drift from the broad market in either direction.sec.gov
  • TPIF At 0.62% it costs well above the 0.35% median for its international peer group, and broad trackers like VXUS charge a fraction of that.
  • Thinly traded, so spreads can run wider than on the giant international index funds.
  • The faith screen removes whole slices of the market, so the basket can look quite different from a plain total-international index.

Full FEDM profile⁠

Full TPIF profile⁠

FEDM vs TPIF Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FEDM vs TPIF Cost

Overpaying TPIF vs FEDM

$9,659

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FEDM 0.12%

    $2,520

  • TPIF 0.62%

    $12,179

$10,000
30 years

Cost over time

  • FEDM 0.12%
  • TPIF 0.62%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530TPIF $12,179FEDM $2,520

Year by year

YearFEDMTPIFOverpaying
10$220$1,111$891
20$859$4,246$3,387
30$2,520$12,179$9,659

Expense ratio

  • 0.12%FEDM, cheaper
  • 0.62%TPIF
  • Middle half of International ESG & Values Index funds
  • Median 0.23%

FEDM 2nd cheapest of 18 funds

TPIF 16th cheapest of 18 funds

FEDM vs TPIF Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
FEDM 2.84%, better
TPIF 2.65%
Payout (12M)
FEDM $1.86
TPIF $1.00
Last payment
FEDM $0.26
TPIF $0.07
Ex-dividend
FEDM Sep 18, 2026
TPIF Oct 8, 2026
Paid on
FEDM Sep 24, 2026
TPIF Oct 9, 2026
Frequency
FEDM Quarterly
TPIF Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FEDMQuarterly · 15 paymentsAll FEDM payments⁠
One bar per payment. 15 payments from 2023 to 2026 YTD. Mar 17, 2023 $0.11; Jun 16, 2023 $0.66; Sep 15, 2023 $0.23; Dec 15, 2023 $0.25; Mar 15, 2024 $0.12; Jun 21, 2024 $0.70; Sep 20, 2024 $0.29; Dec 20, 2024 $0.30; Mar 21, 2025 $0.15; Jun 20, 2025 $0.80; Sep 19, 2025 $0.26; Dec 19, 2025 $0.54; Mar 20, 2026 $0.16; Jun 18, 2026 $0.89; Sep 18, 2026 $0.26. Use the arrow keys to read each point.$0$120232026YTD
TPIFMonthly · 42 paymentsAll TPIF payments⁠
One bar per payment. 42 payments from 2023 to 2026 YTD. Feb 10, 2023 $0.02; Mar 10, 2023 $0.05; Apr 11, 2023 $0.12; May 10, 2023 $0.06; Jun 9, 2023 $0.14; Jul 10, 2023 $0.05; Aug 8, 2023 $0.0072; Sep 6, 2023 $0.04; Oct 11, 2023 $0.08; Nov 8, 2023 $0.01; Dec 18, 2023 $0.05; Jan 11, 2024 $0.0011; Feb 9, 2024 $0.005; Mar 11, 2024 $0.22; Apr 11, 2024 $0.11; May 9, 2024 $0.10; Jun 12, 2024 $0.15; Jul 10, 2024 $0.03; Aug 8, 2024 $0.0078; Sep 11, 2024 $0.09; Oct 8, 2024 $0.06; Dec 12, 2024 $0.02; Jan 8, 2025 $0.0012; Feb 7, 2025 $0.06; Mar 10, 2025 $0.05; Apr 10, 2025 $0.12; May 8, 2025 $0.10; Jun 9, 2025 $0.14; Jul 10, 2025 $0.06; Aug 6, 2025 $0.0017; Sep 8, 2025 $0.08; Oct 9, 2025 $0.06; Nov 7, 2025 $0.0087; Dec 11, 2025 $0.22; Feb 9, 2026 $0.0075; Mar 10, 2026 $0.03; Apr 9, 2026 $0.24; May 8, 2026 $0.12; Jun 9, 2026 $0.17; Jul 9, 2026 $0.07; Sep 9, 2026 $0.07; Oct 8, 2026 $0.07. Use the arrow keys to read each point.$0$120232026YTD

FEDM vs TPIF Risk

Fall from peak · 5 years

  • FEDM
  • TPIF
Nov 9, 2021 to Nov 9, 2026. Worst fall: TPIF −30.4% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
FEDM 11.8%, betterTPIF 12.0%
Return per unit of riskSharpe ratio, 3 years
FEDM 1.14TPIF 1.27, better
Worst fallMax drawdown, 5 years
FEDM −29.1%, betterTPIF −30.4%
Market sensitivityBeta, 5 years
FEDM 0.91TPIF 0.92

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