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FQAL vs TPFC

Fidelity Quality Factor ETF

FQALANYSE Arca

Timothy Plan Free Cash Flow ETF

TPFCDNYSE Arca

Overlap

Expense ratio

FQAL −0.44pt a year

FQAL0.15%TPFC0.59%

Avg volume · 30D

FQAL 2.1×the volume

FQAL58.6KTPFC28.6K

FQAL vs TPFC Performance

Jul 31, 2026 – Oct 30, 2026

+1.7%FQAL+7.9%TPFC

Jul 31, 2026 to Oct 30, 2026. FQAL +1.7%. TPFC +7.9%. Use the arrow keys to read each point.0%4%6%Jul 2026Sep 2026Oct 2026
Expense ratio
FQAL 0.15%, better
TPFC 0.59%
Fund size
FQAL $1.41B
TPFC $45M
1Y total return
FQAL +12.2%
TPFC No data
Yield (12M)
FQAL 1.16%
TPFC No data
Holdings
FQAL 138
TPFC 51
Avg volume (30D)
FQAL 58.6K sh, better
TPFC 28.6K sh
NAV per share
FQAL $83.39
TPFC $28.76
52W range

ETF.net Grade

FQAL: Cost 84, Risk 70, Mission 89, Tradability 54, Holdings 52, Durability 76. TPFC: Cost 10, Risk 79, Mission not scored, Tradability 52, Holdings 51, Durability 37.
Pillar letters and Scores for FQAL, TPFC, with each pillar’s weight
PillarFQALTPFC
Cost30% weightA84HigherF10
Mission25% weightA89Not scored
Risk15% weightA70A79Higher
Tradability15% weightC54HigherC52
Holdings10% weightC52HigherC51
Durability5% weightA76HigherD37

Rank among US Quality Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FQAL and TPFC are both graded against the same 26 US Quality Index funds, so their Grades compare head to head.

US Quality Index⁠

Category · 26 funds
See all 26 ›

FQAL ranks 3rd and TPFC 22nd of 26 funds in the US Quality Index Category.

  1. Rank 1AJQUAJPMorgan U.S. Quality Factor ETFScore 81
  2. Rank 1AQUALiShares MSCI USA Quality Factor ETFScore 81
  3. Rank 3AFQALFidelity Quality Factor ETFScore 75
  4. Rank 4ASPHQInvesco S&P 500 Quality ETFScore 74
  5. Rank 21CQFRDPacer S&P 500 Quality FCF R&D Leaders ETFScore 40
  6. Rank 22DTPFCTimothy Plan Free Cash Flow ETFScore 39
  7. Rank 23DABOTAbacus FCF Innovation Leaders ETFScore 31

Our read on each fund

ETF.net Research

FQALAFidelity Quality Factor ETF

TPFCDTimothy Plan Free Cash Flow ETF

In short

FQAL Fidelity's own quality screen, boxed into an ETF: roughly 130 U.S. companies picked for profitability, steady cash flow and clean balance sheets, at 0.15% a year, well under the typical fee in the quality-factor group.

TPFC Free cash flow investing with a faith filter. TPFC tracks a Victory index that ranks profitable US companies on free cash flow yield, then screens out what fails biblically responsible rules. Launched 2026.

Stated mandate

FQAL The fund prioritizes U.S. companies exhibiting higher profitability, stable cash flows, and strong balance sheets.

TPFC The Fund seeks to track, before fees and expenses, the Victory Free Cash Flow BRI Index.

Why people hold it

  • FQAL Costs 0.15% a year, roughly half the typical fee among quality-factor ETFs. That puts it in the cheapest tier of the group, alongside JQUA, VFQY and QUAL.
  • The rulebook is Fidelity's own: the Fidelity U.S. Quality Factor Index, tracked tightly. One of the closer index implementations in its peer group.
  • Live since 2016 and now a multi-billion-dollar fund, so this is a settled product rather than a launch still finding its footing.
  • The screen is explicit about what it wants: higher profitability, stable cash flows, strong balance sheets. No vague 'quality' hand-waving.
  • TPFC Profitable US companies ranked by free cash flow yield, with the biblically responsible exclusions written into the index rules rather than left to a manager's discretion.b-cdn.net
  • Rules on a calendar: the index reconstitutes twice a year, in April and October, and applies sector and single-name weight limits so one name cannot swallow the portfolio.b-cdn.net
  • Victory Capital sub-advises, continuing a partnership that began with Timothy Plan's first ETFs in 2019. The free cash flow engine is older than the wrapper around it.globenewswire.com

Worth knowing

  • FQAL Roughly 130 stocks, not the whole market. A narrower bench means individual names and sector tilts carry more weight than in a total-market fund.
  • Trading volume is light next to the category's biggest quality funds, which can show up as wider bid-ask spreads.
  • Distributions come quarterly, but the screen hunts profitability and balance-sheet strength, not yield.
  • TPFC 0.59% a year sits above the 0.45% median for index wrappers, and broad peers like SCHK (0.03%) mark the floor. The screen and the factor tilt are what the extra buys.
  • Small asset base and thin trading so far, which tends to mean wider bid-ask spreads, and a 2026 launch leaves little live history to judge.
  • Ruling out whole industries narrows the pool. Timothy Plan itself notes its funds may be riskier than funds drawing on a broader universe.globenewswire.com

Full FQAL profile⁠

Full TPFC profile⁠

FQAL vs TPFC 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.

FQAL vs TPFC Cost

Overpaying TPFC vs FQAL

$8,498

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

  • FQAL 0.15%

    $3,137

  • TPFC 0.59%

    $11,635

$10,000
30 years

Cost over time

  • FQAL 0.15%
  • TPFC 0.59%
  • 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$12.5K051015202530TPFC $11,635FQAL $3,137

Year by year

YearFQALTPFCOverpaying
10$274$1,058$784
20$1,071$4,051$2,980
30$3,137$11,635$8,498

Expense ratio

  • 0.15%FQAL, cheaper
  • 0.59%TPFC
  • Middle half of US Quality Index funds
  • Median 0.39%

FQAL 3rd cheapest of 26 funds

TPFC 23rd cheapest of 26 funds

FQAL vs TPFC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FQAL 1.16%
TPFC No data
Payout (12M)
FQAL $0.97
TPFC No data
Last payment
FQAL $0.24
TPFC $0.0083
Ex-dividend
FQAL Sep 18, 2026
TPFC Oct 8, 2026
Paid on
FQAL Sep 22, 2026
TPFC Oct 9, 2026
Frequency
FQAL Quarterly
TPFC Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FQALQuarterly · 15 paymentsAll FQAL payments⁠
One bar per payment. 15 payments from 2023 to 2026 YTD. Mar 17, 2023 $0.20; Jun 16, 2023 $0.18; Sep 15, 2023 $0.18; Dec 15, 2023 $0.18; Mar 15, 2024 $0.16; Jun 21, 2024 $0.18; Sep 20, 2024 $0.20; Dec 20, 2024 $0.24; Mar 21, 2025 $0.20; Jun 20, 2025 $0.21; Sep 19, 2025 $0.22; Dec 19, 2025 $0.22; Mar 20, 2026 $0.26; Jun 18, 2026 $0.25; Sep 18, 2026 $0.24. Use the arrow keys to read each point.$0$0.2520232026YTD
TPFCMonthly · 5 paymentsAll TPFC payments⁠
One bar per payment. 5 payments from 2023 to 2026 YTD. Jun 9, 2026 $0.02; Jul 9, 2026 $0.01; Aug 7, 2026 $0.01; Sep 9, 2026 $0.03; Oct 8, 2026 $0.0083. Use the arrow keys to read each point.$0$0.2520232026YTD

FQAL vs TPFC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FQAL 11.0%TPFC No data
Return per unit of riskSharpe ratio, 3 years
FQAL 1.45TPFC No data
Worst fallMax drawdown, 5 years
FQAL −25.5%TPFC No data
Market sensitivityBeta, 5 years
FQAL 0.95TPFC 2.60

FQAL and TPFC in the news

All news⁠

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