SNPE vs TPSC

SNPEAXtrackers S&P 500 Scored & Screened ETF

TPSCCTimothy Plan US Small Cap Core ETF

In short

SNPE The S&P 500 with roughly 200 names screened out, for 0.10% a year. SNPE keeps the plumbing of a plain core index fund and lets S&P's rules, not a stock picker, decide who stays in the basket.

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

SNPE The fund seeks investment results that generally correspond, before fees and expenses, to the performance of its underlying 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

• SNPE A 0.10% expense ratio puts it in the cheap seats of the screened-index crowd, alongside XVV (0.08%) and ESGV (0.09%) and well under the group's typical fee.
• Plain index plumbing: it aims to match the S&P 500 Scored & Screened Index before fees, and it has hugged that mandate closely.
• Roughly 300 stocks, so the screen actually bites. Around 200 S&P 500 members are cut outright rather than quietly trimmed.
• A multi-billion-dollar Xtrackers fund running since 2019 with steady daily volume and quarterly payouts. Not a thin, untested launch.

• 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

• SNPE Cutting ~200 names concentrates what's left. The megacap leaders of the parent index end up carrying even more weight here.
• The screens are S&P's, not yours. They are rules-based and reapplied at each rebalance, so the roster can shift without warning.
• Not the outright cheapest option in the group: XVV and ESGV shave a basis point or two off the fee.

• 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 SNPE profile⁠

Full TPSC profile⁠