TPHD vs VIG

TPHDCTimothy Plan High Dividend Stock ETF

VIGAVanguard Dividend Appreciation ETF

In short

TPHD A dividend fund with a conviction filter bolted to the front end: biblically screened US large caps, the 100 highest yielders among them, weighted by volatility instead of market cap, with income paid monthly.

VIG VIG buys dividend growth, not fat yields: about 300 US companies with a record of raising their payouts, tracked for 0.04% a year. Running since 2006 and now north of $100 billion, it is the plain-vanilla anchor of the dividend-screen aisle.

Stated mandate

TPHD The Fund seeks to track the performance of the Victory US Large Cap High Dividend Volatility Weighted BRI Index before fees and expenses. It normally invests at least 80% of assets in securities included in that index.

VIG The fund seeks to track the S&P U.S. Dividend Growers Index, which represents common stocks of companies with a record of increasing dividends over time.

Why people hold it

• TPHD The screen is the whole point. Timothy Plan has applied biblically responsible filters since 1994, and names clear that gate before yield is even considered.timothyplan.comtimothyplan.com 2
• Volatility weighting, not market cap: the steadier names get the bigger slots, so no single mega-cap can swallow the portfolio.timothyplan.com
• Rules, not hunches. Up to 100 holdings drawn by a published index methodology, running live since 2019, with net investment income paid out monthly.timothyplan.com

• VIG At 0.04% a year, the fee is roughly a tenth of the typical dividend-screen fund's 0.39%, and undercuts every other top-graded fund in the group, DGRO and SCHD included.
• The screen rewards a record of increasing dividends rather than the biggest current payout, so the basket leans on payout discipline instead of stretched yields.
• Live since 2006, over $100 billion in assets and actively traded, which shows up as easy fills rather than wide spreads.
• About 300 holdings, cash paid quarterly, and one of the strongest overall implementations in its dividend-screen peer group.

Worth knowing

• TPHD The screen costs money: 0.52% a year, above the typical dividend-screen ETF and many times what plain-vanilla peers like SCHD and VIG charge.
• It trades lightly next to the category's giants, which can mean wider bid-ask spreads, especially in fast-moving markets.
• The faith screen removes entire business lines, so the holdings can look quite different from a broad dividend index and can behave differently too.timothyplan.com

• VIG Growth of payouts, not maximum income, is the mandate. That puts it on a different axis than high-dividend funds such as SPYD.
• US stocks only, no bonds and no overseas payers, and sector weights are whatever the index screen spits out.
• Portfolio risk and concentration measures land mid-pack for the category: it is fully invested in equities and drops when the market drops.

Full TPHD profile⁠

Full VIG profile⁠