Skip to content
etf.net

QUAL vs TPFG

iShares MSCI USA Quality Factor ETF

QUALACboe

Timothy Plan Free Cash Flow Growth ETF

TPFGFNYSE Arca

Overlap

10.3%by weight

Expense ratio

QUAL −0.44pt a year

QUAL0.15%TPFG0.59%

Avg volume · 30D

QUAL 1664.0×the volume

QUAL4.28MTPFG2.57K

QUAL vs TPFG Performance

Aug 7, 2026 – Nov 9, 2026

−0.5%QUAL−9.8%TPFG

Aug 7, 2026 to Nov 9, 2026. QUAL −0.5%. TPFG −9.8%. Use the arrow keys to read each point.−15%−5%Aug 2026Sep 2026Nov 2026
Expense ratio
QUAL 0.15%, better
TPFG 0.59%
Fund size
QUAL $47.6B
TPFG $33M
1Y total return
QUAL +16.3%
TPFG No data
Holdings
QUAL 121
TPFG 51
Avg volume (30D)
QUAL 4.28M sh, better
TPFG 2.57K sh
NAV per share
QUAL $54.80
TPFG $22.41
52W range

ETF.net Grade

QUAL: Cost 84, Risk 74, Mission 95, Tradability 60, Holdings 37, Durability 96. TPFG: Cost 10, Risk 2, Mission not scored, Tradability 32, Holdings 37, Durability 18.
Pillar letters and Scores for QUAL, TPFG, with each pillar’s weight
PillarQUALTPFG
Cost30% weightA84HigherF10
Mission25% weightA95Not scored
Risk15% weightA74HigherF2
Tradability15% weightB60HigherD32
Holdings10% weightD37D37
Durability5% weightA96HigherF18

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. QUAL 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 ›

QUAL ranks 2nd and TPFG 26th of 26 funds in the US Quality Index Category.

  1. Rank 1AJQUAJPMorgan U.S. Quality Factor ETFScore 81
  2. Rank 2AQUALiShares MSCI USA Quality Factor ETFScore 77
  3. Rank 3AFQALFidelity Quality Factor ETFScore 76
  4. Rank 25FOWNCorgi Inside Ownership 100 ETFScore 23
  5. Rank 26FTPFGTimothy Plan Free Cash Flow Growth ETFScore 17

Our read on each fund

ETF.net Research

QUALAiShares MSCI USA Quality Factor ETF

TPFGFTimothy Plan Free Cash Flow Growth ETF

In short

QUAL QUAL screens US large and mid caps for high return on equity, low debt and steady earnings, then does it sector by sector, so the portfolio stays spread across the market instead of piling into whichever sector looks healthiest.

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

QUAL The fund tracks an index of U.S. large- and mid-capitalization stocks selected for quality characteristics, including high return on equity, stable earnings, and low debt.

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

  • QUAL At 0.15%, it undercuts the typical quality-factor fund, where the cohort median sits at 0.29%.
  • Sector neutral by design: companies are ranked on return on equity, leverage and earnings variability against rivals in their own GICS sector.msci.comishares.com
  • Running since 2013, now a $25B-$100B fund that trades actively, with returns that stay close to its index.
  • 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

  • QUAL About 120 large and mid caps, leaning on the same familiar giants as a broad US index fund. This is a tilt on core equity, not new ground.
  • Sector neutrality cuts both ways: it keeps a foot in every sector rather than stepping away from ones with weak fundamentals.msci.com
  • Cheap, not cheapest. JQUA (0.12%) and VFQY (0.13%) shave a basis point or three off the fee.
  • 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 QUAL profile⁠

Full TPFG profile⁠

QUAL vs TPFG Holdings

How QUAL and TPFG differ

Overlap by weight

10.3%

Shared holdings make up 40.3% of TPFG and 10.3% of QUAL.

Level by level

  • Holdings17 in both10.3%
  • Sector11 Sectors67.0%
  • Countryby domicile96.3%
  • Asset classStocks100%

Sector

Sector weights in QUAL and TPFG, widest gap first
SectorMore in QUALMore in TPFGGap
IndustrialsTPFG +16.2 points
FinancialsQUAL +13.2 points
Health CareTPFG +7.8 points
CommunicationQUAL +6.6 points
TechnologyTPFG +5.4 points
Consumer StaplesQUAL +4.9 points
MaterialsTPFG +3.7 points
Consumer DiscretionaryQUAL +2.9 points
UtilitiesQUAL +2.2 points
Real EstateQUAL +1.6 points
EnergyQUAL +1.6 points

Country, concentration and asset class

Country by domicile

Country weights in QUAL and TPFG, widest gap first
CountryMore in QUALMore in TPFGGap
IrelandTPFG +3.5 points
United StatesQUAL +2.5 points
SwitzerlandQUAL +1.2 points
Cayman IslandsTPFG +0.2 points

Concentration

Weight in the 10 largest Holdings

  • QUAL44.0%
  • TPFG41.0%

Securities held

  • QUAL118
  • TPFG50

Asset class

QUAL
Stocks
TPFG
Stocks

Holdings

  • Only in QUAL101
  • In both17
  • Only in TPFG33

Only in QUAL

101 securities, 89.5% of QUAL by weight

  • Microsoft8.23%
  • Apple7.41%
  • NVIDIA5.48%

Only in TPFG

33 securities, 59.6% of TPFG by weight

  • Intuitive Surgical Inc.5.12%
  • Newmont Corp4.91%
  • Incyte Pharmaceuticals4.13%

Weight gaps

All 17 Holdings in both funds, largest gap first.

Holding weights in QUAL and TPFG, widest gap first
HoldingMore in QUALMore in TPFGGap
Applovin Class AAPPTPFG +4.18 points
Ross Stores IncROSTTPFG +3.38 points
Trane Technologies PLCTTTPFG +2.90 points
Rollins IncROLTPFG +2.62 points
Idexx LaboratoriesIDXXTPFG +2.45 points
Comfort Systems UsaFIXTPFG +2.44 points
CintasCTASTPFG +1.98 points
Dexcom IncDXCMTPFG +1.96 points

All 118 QUAL 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.

QUAL vs TPFG Cost

Overpaying TPFG vs QUAL

$8,498

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

  • QUAL 0.15%

    $3,137

  • TPFG 0.59%

    $11,635

$10,000
30 years

Cost over time

  • QUAL 0.15%
  • TPFG 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$12.5K051015202530TPFG $11,635QUAL $3,137

Year by year

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

Expense ratio

  • 0.15%QUAL, cheaper
  • 0.59%TPFG
  • Middle half of US Quality Index funds
  • Median 0.39%

QUAL 3rd cheapest of 26 funds

TPFG 23rd cheapest of 26 funds

QUAL vs TPFG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
QUAL No data
TPFG None
Last payment
QUAL $0.12
TPFG No data
Ex-dividend
QUAL Sep 15, 2026
TPFG No data
Paid on
QUAL Sep 18, 2026
TPFG No data
Frequency
QUAL Quarterly
TPFG No data

Distribution history

Per share, 2017 to 2026, same scale for both

QUALQuarterly · 32 paymentsAll QUAL payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.09; Jun 27, 2017 $0.10; Sep 26, 2017 $0.09; Dec 21, 2017 $0.09; Mar 22, 2018 $0.09; Jun 26, 2018 $0.09; Sep 26, 2018 $0.09; Dec 17, 2018 $0.10; Mar 20, 2019 $0.09; Jun 17, 2019 $0.11; Sep 24, 2019 $0.09; Dec 16, 2019 $0.11; Mar 25, 2020 $0.10; Jun 15, 2020 $0.09; Sep 23, 2020 $0.11; Dec 14, 2020 $0.10; Mar 25, 2021 $0.13; Jun 10, 2021 $0.09; Sep 24, 2021 $0.10; Dec 13, 2021 $0.10; Mar 24, 2022 $0.10; Jun 9, 2022 $0.11; Sep 26, 2022 $0.13; Dec 13, 2022 $0.12; Mar 23, 2023 $0.09; Jun 7, 2023 $0.10; Sep 26, 2023 $0.13; Dec 20, 2023 $0.11; Dec 28, 2023 $0.02; Mar 21, 2024 $0.09; Jun 11, 2024 $0.09; Sep 15, 2026 $0.12. Use the arrow keys to read each point.$0$0.102017202020232026YTD
TPFGAll TPFG payments⁠

No distribution history available.

QUAL vs TPFG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QUAL 11.8%TPFG No data
Return per unit of riskSharpe ratio, 3 years
QUAL 1.25TPFG No data
Worst fallMax drawdown, 5 years
QUAL −28.2%TPFG No data
Market sensitivityBeta, 5 years
QUAL 0.90TPFG 0.68

QUAL and TPFG in the news

All news⁠

Popular comparisons

  • QUALAvsSPHQA

    iShares MSCI USA Quality Factor ETF · Invesco S&P 500 Quality ETF

    Expense ratio
    0.15% · 0.15%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TPFGFvsJQUAA

    Timothy Plan Free Cash Flow Growth ETF · JPMorgan U.S. Quality Factor ETF

    Expense ratio
    0.59% · 0.12%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QUALAvsJQUAA

    iShares MSCI USA Quality Factor ETF · JPMorgan U.S. Quality Factor ETF

    Expense ratio
    0.15% · 0.12%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TPFGFvsFQALA

    Timothy Plan Free Cash Flow Growth ETF · Fidelity Quality Factor ETF

    Expense ratio
    0.59% · 0.15%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QUALAvsFQALA

    iShares MSCI USA Quality Factor ETF · Fidelity Quality Factor ETF

    Expense ratio
    0.15% · 0.15%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TPFGFvsSPHQA

    Timothy Plan Free Cash Flow Growth ETF · Invesco S&P 500 Quality ETF

    Expense ratio
    0.59% · 0.15%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.