Inspire Faithward Mid Cap Momentum ESG ETF (GLRY)

Overview

The Inspire Faithward Mid Cap Momentum ESG ETF (FWDD) seeks to track the performance, before fees and expenses, of the Inspire Faithward Mid Cap Momentum ESG Index. It focuses on mid-cap US companies that align with biblically responsible investing (BRI) principles, emphasizing momentum and ESG factors.

Reputation and Reliability

Inspire ETFs is known for its biblically responsible investing approach. They have established a presence in the ETF market by offering faith-based investment options.

Management Expertise

Inspire ETFs employs a team with experience in both investment management and faith-based investing, demonstrating expertise in aligning financial goals with religious values.

Goal

The investment goal of FWDD is to seek to track the investment results, before fees and expenses, of the Inspire Faithward Mid Cap Momentum ESG Index.

Investment Approach and Strategy

Strategy: FWDD aims to track the Inspire Faithward Mid Cap Momentum ESG Index, which screens mid-cap stocks for momentum and ESG factors based on biblical values.

Composition FWDD primarily holds stocks of mid-cap US companies that meet the index's criteria for momentum, ESG, and alignment with biblical values.

Market Share: Due to limited data availability, the exact market share is difficult to determine, but FWDD occupies a niche market segment focusing on faith-based ESG investing in mid-cap stocks.

Total Net Assets (AUM): 29300000

Key Competitors

• XJH US ETF
• VFLO US ETF
• ACTS US ETF

Competitive Landscape

The ETF industry is highly competitive. FWDD differentiates itself through its focus on biblically responsible investing (BRI) and momentum, which appeals to a specific investor base. Advantages include its unique faith-based screening process, while disadvantages may include a smaller potential investor pool compared to broad market ETFs.

Historical Performance: Historical performance data should be sourced from official fund documents and reputable financial data providers.

Benchmark Comparison: The ETF's performance should be compared to the Inspire Faithward Mid Cap Momentum ESG Index to assess tracking accuracy.

Expense Ratio: 0.49

Average Trading Volume

The ETF's liquidity is relatively low, influencing the ease with which shares can be bought and sold.

Bid-Ask Spread

The bid-ask spread reflects the difference between the highest price a buyer will pay and the lowest price a seller will accept, providing an indication of trading costs.

Market Environment Factors

Economic indicators, sector growth prospects for mid-cap companies, and overall market sentiment influence FWDD. Investors' increasing interest in ESG and values-based investing also plays a role.

Growth Trajectory

The growth trajectory of FWDD depends on the increasing adoption of faith-based investing principles and its ability to attract investors seeking both financial returns and alignment with their values. Changes to the index methodology or holdings could impact its future performance.

Competitive Edge

FWDD's competitive edge lies in its biblically responsible investing (BRI) approach combined with a focus on momentum and ESG factors. This unique combination caters to investors seeking to align their investments with their faith-based values while also pursuing capital appreciation. The ETF's screening process ensures that companies held within the fund meet specific ethical and moral criteria based on biblical principles, differentiating it from traditional ESG funds. This niche focus can attract a loyal investor base looking for investments that reflect their personal beliefs.

Volatility

The historical volatility of FWDD depends on the volatility of its underlying mid-cap holdings and overall market conditions. Smaller market capitalization stocks may exhibit higher volatility.

Market Risk

FWDD is subject to market risk, which includes the potential for losses due to fluctuations in the stock market. Specific risks are associated with the mid-cap sector, such as lower liquidity and increased sensitivity to economic downturns.

Ideal Investor Profile

The ideal investor for FWDD is someone who seeks capital appreciation, aligns their investments with biblically responsible principles, and is comfortable with the volatility associated with mid-cap stocks.

Market Risk

FWDD may be suitable for long-term investors seeking a faith-based approach to mid-cap equity investing, but it may not be ideal for active traders due to its lower liquidity. It also is suitable for passive index followers.

Inspire Faithward Mid Cap Momentum ESG ETF (FWDD) offers exposure to mid-cap US equities while adhering to biblically responsible investing principles. Its focus on momentum and ESG factors appeals to investors seeking both financial returns and alignment with their values. The ETF's performance is tied to the underlying index and overall market conditions, with liquidity being a consideration. It presents a unique opportunity for those seeking to invest in companies that meet specific ethical and moral criteria based on biblical principles.

Data Sources:

• Inspire ETFs Website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.