JQUA vs TPFG: Grades, Fees and Holdings Compared

JPMorgan U.S. Quality Factor ETF

JQUAANYSE Arca

Timothy Plan Free Cash Flow Growth ETF

TPFGFNYSE Arca

Overlap

12.6%by weight

Expense ratio

JQUA −0.47pt a year

JQUA0.12%TPFG0.59%

Avg volume · 30D

JQUA 250.4×the volume

JQUA644KTPFG2.57K

JQUA vs TPFG Performance

Aug 7, 2026 – Nov 9, 2026

+1.1%JQUA−9.8%TPFG

Expense ratio: JQUA 0.12%, better; TPFG 0.59%
Fund size: JQUA $9.49B; TPFG $33M
1Y total return: JQUA +22.8%; TPFG No data
Yield (12M): JQUA 1.06%; TPFG No data
Holdings: JQUA 310; TPFG 51
Avg volume (30D): JQUA 644K sh, better; TPFG 2.57K sh
NAV per share: JQUA $73.35; TPFG $22.41
52W range

ETF.net Grade

Pillar letters and Scores for JQUA, TPFG, with each pillar’s weight
Pillar	JQUA	TPFG
Cost30% weight	A100Higher	F10
Mission25% weight	A80	Not scored
Risk15% weight	A76Higher	F2
Tradability15% weight	B56Higher	D32
Holdings10% weight	A83Higher	D37
Durability5% weight	A75Higher	F18

Rank among US Quality Index funds

How we build Categories ›

Same Category. JQUA and TPFG 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 ›

JQUA ranks 1st and TPFG 26th of 26 funds in the US Quality Index Category.

Rank 1AJQUAJPMorgan U.S. Quality Factor ETFScore 81
Rank 2AQUALiShares MSCI USA Quality Factor ETFScore 77
Rank 25FOWNCorgi Inside Ownership 100 ETFScore 23
Rank 26FTPFGTimothy Plan Free Cash Flow Growth ETFScore 17

Our read on each fund

ETF.net Research

JQUAAJPMorgan U.S. Quality Factor ETF

TPFGFTimothy Plan Free Cash Flow Growth ETF

In short

JQUA Quality investing without the quality price tag. JQUA screens U.S. companies for profitability and strong balance-sheet traits, and charges 0.12%, the lowest fee in the quality-factor group we track.

TPFG Timothy Plan's take on the free-cash-flow factor: a rules-based US large-cap fund tracking an index that leans toward companies growing their cash generation, in a corner of the market dominated by plain-vanilla trackers.

Stated mandate

JQUA JQUA is designed to provide domestic equity exposure focused on companies with strong quality and profitability characteristics, using a rules-based approach intended to enhance returns.

TPFG The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Victory Free Cash Flow Growth BRI Index.

Why people hold it

JQUA 0.12% a year, against a roughly 0.29% median for quality-factor funds, and it undercuts the bigger badges QUAL and FQAL at 0.15%.
About 300 U.S. names selected on quality and profitability: a broad core-shaped sleeve, not a concentrated wager on a dozen balance sheets.
Live since 2017 and now a multi-billion-dollar, actively traded fund, so it has both a real track record and daily two-way flow.
One of the stronger implementations in its peer group: it stays close to the JP Morgan US Quality Factor Index it follows while keeping costs at the bottom of the group.

TPFG One named benchmark, the Victory Free Cash Flow Growth BRI Index, does the picking. The holdings follow published rules, not a manager's discretion.
The tilt is stated up front: free cash flow growth, with growth and momentum factors advertised in the fund's own documents. No guessing what you own.
Straight US equity mandate, so no foreign currency exposure or overseas market hours layered on top of the strategy.

Worth knowing

JQUA A quality screen is a tilt, not a shield. Owning profitable companies means owning less of everything else, and that gap cuts both ways.
Trades actively, though it is not the most heavily traded fund on the quality-factor shelf, which matters more for large orders than small ones.
Distributions land quarterly and fall out of what the screen owns. Income is a byproduct here, not the mandate.

TPFG It charges 0.59% a year. The large-cap index heavyweights it sits beside are far cheaper: SCHX and VV run 0.03%, VONE 0.06%.
A May 2026 launch, so there is little live history behind it, and trading has been thin since it opened, which can mean wider bid-ask spreads.
Cash-flow growth is the point, not payouts. The fund has not made a distribution since launch.

Full JQUA profile⁠

Full TPFG profile⁠

JQUA vs TPFG Holdings

How JQUA and TPFG differ

Overlap by weight

12.6%

Shared holdings make up 66.2% of TPFG and 12.6% of JQUA.

Level by level

Holdings32 in both12.6%
Sector11 Sectors68.5%
Countryby domicile96.3%
Asset classStocks100%

Sector

Sector weights in JQUA and TPFG, widest gap first
Sector	Gap	JQUA	TPFG
Industrials	TPFG +17.0 points	8.0%	25.0%
Financials	JQUA +14.0 points	14.0%	0.0%
Health Care	TPFG +8.4 points	9.9%	18.3%
Consumer Staples	JQUA +5.8 points	5.8%	0.0%
Materials	TPFG +4.0 points	1.6%	5.6%
Consumer Discretionary	JQUA +3.2 points	10.1%	6.9%
Communication	JQUA +3.0 points	5.7%	2.7%
Real Estate	JQUA +2.3 points	2.3%	0.0%
Technology	TPFG +2.2 points	37.5%	39.7%
Energy	JQUA +2.0 points	3.8%	1.8%
Utilities	JQUA +1.1 points	1.1%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in JQUA and TPFG, widest gap first
Country	Gap	JQUA	TPFG
Ireland	TPFG +3.5 points	0.0%	3.5%
United States	JQUA +3.2 points	99.5%	96.3%
Other countries (2)	JQUA +0.3 points	0.5%	0.2%

Concentration

Weight in the 10 largest Holdings

JQUA18.5%
TPFG41.0%

Securities held

JQUA308
TPFG50

Asset class

JQUA: Stocks
TPFG: Stocks

Holdings

Only in JQUA276
In both32
Only in TPFG18

Only in JQUA

276 securities, 87.4% of JQUA by weight

Apple Inc Common Stock2.17%
Microsoft Corp Common2.15%
Visa Inc Common Stock USD2.01%
Berkshire Hathaway Inc1.87%
Exxonmobil Holdings Corp1.83%
Meta Platforms Inc Common1.79%
Advanced Micro Devices1.67%
Johnson & Johnson Common1.67%
NVIDIA Corp Common Stock1.64%
Mastercard Inc Common1.57%
Alphabet Inc-Cl A -1.54%
AbbVie Inc Common Stock1.42%
Micron Technology Inc1.38%
Costco Wholesale Corp1.36%
Merck & Co Inc Common1.12%
The Procter & Gamble1.11%
Cisco Systems Inc Common1.09%
Home Depot Inc/The Common1.02%
Texas Instruments Inc0.87%
Linde PLC Common Stock0.77%
Gilead Sciences Inc0.75%
Chevron Corp Common Stock0.72%
Applied Materials Inc0.70%
Lam Research Corp Common0.69%
BlackRock Inc Common0.67%
Analog Devices Inc Common0.66%
Mcdonald's Corp Common0.65%
Qualcomm Inc Common Stock0.65%
Union Pacific Corp Common0.64%
Accenture PLC Common0.61%
Salesforce.com Inc.0.60%
Altria Group Inc Common0.55%
Tjx Cos Inc/The Common0.54%
Chubb Ltd Common Stock0.49%
Marsh & Mclennan Cos Inc0.48%
Philip Morris0.47%
Lockheed Martin Corp0.46%
Bristol-Myers Squibb Co0.46%
Automatic Data Processing0.45%
Intuit Inc Common Stock0.44%
Starbucks Corp Common0.44%
Waste Management Inc0.43%
Marriott International0.43%
Adobe Inc Common Stock0.43%
S&P Global Inc Common0.42%
Colgate-Palmolive Company0.42%
Travelers Cos Inc/The0.42%
Progressive Corp/The0.42%
Booking Holdings Inc0.42%
Conocophillips Common0.41%

Only in TPFG

18 securities, 33.8% of TPFG by weight

Intuitive Surgical Inc.5.12%
Trane Technologies PLC3.60%
Caterpillar Inc3.29%
Amphenol Corp. - Class A3.08%
Arista Networks Inc2.85%
Comfort Systems Usa Inc.2.80%
Seagate Technology Hold2.09%
Coeur Mining Inc1.76%
Alnylam Pharmaceuticals1.75%
Veeva Systems Inc1.73%
Viper Energy Inc1.64%
Neurocrine Biosciences In1.10%
Ftai Aviation Ltd0.95%
Fair Isaac Corp.0.62%
Sterling Infrastructure0.56%
Macom Technology Solution0.36%
Astera Labs Inc0.24%
Credo Technology Group Ho0.20%

Weight gaps

All 32 Holdings in both funds, largest gap first.

Holding weights in JQUA and TPFG, widest gap first
Holding	Gap	JQUA	TPFG
Newmont Corp Common StockNEM	TPFG +4.73 points	0.18%	4.91%
Ross Stores Inc CommonROST	TPFG +4.45 points	0.37%	4.82%
Applovin Corp CommonAPP	TPFG +4.43 points	0.49%	4.92%
Incyte Corp Common StockINCY	TPFG +3.98 points	0.15%	4.13%
Vertiv Holdings CoVRT	TPFG +3.40 points	0.12%	3.52%
Ge Vernova Inc CommonGEV	TPFG +2.98 points	0.66%	3.64%
Rollins Inc Common StockROL	TPFG +2.57 points	0.14%	2.71%
Idexx Laboratories IncIDXX	TPFG +2.47 points	0.33%	2.80%
Cintas Corp Common StockCTAS	TPFG +2.33 points	0.35%	2.68%
Western Digital CorpWDC	TPFG +2.01 points	0.35%	2.36%
Palo Alto Networks IncPANW	TPFG +1.93 points	0.84%	2.77%
Dexcom Inc Common StockDXCM	TPFG +1.89 points	0.18%	2.07%
Fortinet Inc Common StockFTNT	TPFG +1.87 points	0.34%	2.21%
Kla Corp Common Stock USDKLAC	TPFG +1.86 points	0.62%	2.48%
Keysight Technologies IncKEYS	TPFG +1.66 points	0.26%	1.92%
Servicenow Inc CommonNOW	TPFG +1.63 points	0.41%	2.04%
Emcor Group Inc CommonEME	TPFG +1.49 points	0.01%	1.50%
Sandisk Corp Common StockSNDK	TPFG +1.41 points	0.41%	1.82%
Broadcom Inc CommonAVGO	TPFG +1.21 points	1.66%	2.87%
Medpace Holdings IncMEDP	TPFG +0.88 points	0.22%	1.10%
Crowdstrike Holdings IncCRWD	TPFG +0.85 points	0.77%	1.62%
Motorola Solutions IncMSI	TPFG +0.73 points	0.36%	1.09%
Lincoln Electric HoldingsLECO	TPFG +0.64 points	0.22%	0.86%
Teradyne Inc Common StockTER	TPFG +0.61 points	0.19%	0.80%
Jabil Inc Common StockJBL	TPFG +0.48 points	0.18%	0.66%
Datadog Inc Common StockDDOG	TPFG +0.46 points	0.32%	0.78%
Monolithic Power SystemsMPWR	TPFG +0.43 points	0.30%	0.73%
Cadence Design SystemsCDNS	TPFG +0.15 points	0.43%	0.58%
Palantir Technologies IncPLTR	TPFG +0.09 points	1.10%	1.19%
Nutanix Inc Common StockNTNX	TPFG +0.03 points	0.21%	0.24%
Lattice SemiconductorLSCC	JQUA +0.02 points	0.22%	0.20%
Dynatrace IncDT	Same weight	0.20%	0.20%

All 308 JQUA holdings⁠All TPFG 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.

JQUA vs TPFG Cost

Overpaying TPFG vs JQUA

$9,115

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

JQUA 0.12%
$2,520
TPFG 0.59%
$11,635

Amount$10,000

Years30 years

Cost over time

JQUA 0.12%
TPFG 0.59%
Overpaying

Year by year

Year	JQUA	TPFG	Overpaying
10	$220	$1,058	$838
20	$859	$4,051	$3,192
30	$2,520	$11,635	$9,115

Expense ratio

0.12%JQUA, cheaper
0.59%TPFG

JQUA0.12%TPFG0.59%

0.12%0.60%

Middle half of US Quality Index funds
Median 0.39%

JQUA cheapest of 26 funds

TPFG 23rd cheapest of 26 funds

JQUA vs TPFG Dividends

Last 12 months to Nov 9, 2026

Yield (12M): JQUA 1.06%; TPFG No data
Payout (12M): JQUA $0.79; TPFG None
Last payment: JQUA $0.18; TPFG No data
Ex-dividend: JQUA Sep 22, 2026; TPFG No data
Paid on: JQUA Sep 24, 2026; TPFG No data
Frequency: JQUA Quarterly; TPFG No data

Distribution history

Per share, 2017 to 2026, same scale for both

JQUAQuarterly · 37 paymentsAll JQUA payments⁠

TPFGAll TPFG payments⁠

No distribution history available.

JQUA vs TPFG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JQUA 11.6%TPFG No data
Return per unit of riskSharpe ratio, 3 years: JQUA 1.47TPFG No data
Worst fallMax drawdown, 5 years: JQUA −22.5%TPFG No data
Market sensitivityBeta, 5 years: JQUA 0.91TPFG 0.68; Market = 1

JQUA and TPFG in the news

All news⁠

New ETFs
Jensen's first passive ETF charges 0.25% for a 10-year profit test
Oct 5, 2026JQUA
Category Review
Cash-flow quality returned 42% while QUAL returned 17%
Updated Sep 22, 2026JQUA

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JQUA vs TPFG

In short

Stated mandate

Why people hold it

Worth knowing

How JQUA and TPFG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JQUA

Only in TPFG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Jensen's first passive ETF charges 0.25% for a 10-year profit test

Cash-flow quality returned 42% while QUAL returned 17%

How JQUA and TPFG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JQUA

Only in TPFG

Weight gaps