Inspire Faithward Mid Cap Momentum ESG ETF (GLRY)

Overview

The Inspire Faithward Mid Cap Momentum ESG ETF focuses on investing in U.S. mid-capitalization companies that exhibit strong momentum characteristics and adhere to specific Environmental, Social, and Governance (ESG) principles, particularly those aligned with a faith-based investment philosophy. It aims to capture growth potential from companies with positive price trends while screening out those that do not meet its ethical and sustainability criteria.

Reputation and Reliability

Inspire Investing is known for its commitment to Biblically responsible investing (BRI), offering a range of ETFs designed to align with Christian values. Their reputation is built on providing faith-based investment options in the ETF market.

Management Expertise

Inspire Investing's management team has experience in developing and managing ESG-focused and faith-based investment products. Their expertise lies in integrating ethical screening with investment strategy to meet the unique needs of their target investor base.

Goal

To provide long-term capital appreciation by investing in U.S. mid-capitalization companies that demonstrate positive price momentum and meet Inspire's Biblically Responsible Investment (BRI) criteria.

Investment Approach and Strategy

Strategy: The ETF actively selects mid-cap U.S. stocks based on proprietary BRI exclusionary screens and quantitative momentum metrics. It does not aim to track a specific index but rather to outperform a broad mid-cap benchmark by identifying companies with strong growth potential and ethical alignment.

Composition The ETF holds a diversified portfolio primarily composed of U.S. mid-capitalization equities. The selection process incorporates both positive momentum indicators and negative screening based on ESG and faith-based principles.

Market Share: Specific market share data for this niche ETF is not readily available or may be minimal given its specialized focus. It operates within the broader mid-cap and ESG ETF segments.

Total Net Assets (AUM):

Key Competitors

• iShares Morningstar Mid-Cap Growth ETF (IJK)
• Vanguard Mid-Cap Growth ETF (VOOG)
• iShares MSCI USA ESG Select ETF (ESGU)
• SPDR S&P Midcap 400 ETF Trust (MDY)

Competitive Landscape

The ETF competes in both the mid-cap and ESG ETF spaces. Competitors include broad mid-cap growth ETFs from major providers like Vanguard and iShares, as well as broader ESG ETFs. Inspire Faithward Mid Cap Momentum ESG ETF's advantage lies in its specific faith-based BRI screening combined with momentum strategy, which appeals to a niche investor base. A disadvantage could be its smaller AUM and potentially higher expense ratio compared to larger, more established competitors.

Historical Performance: Detailed historical performance data for the Inspire Faithward Mid Cap Momentum ESG ETF is not available in readily accessible public formats for a comprehensive review. Performance would need to be sourced directly from the ETF provider or financial data terminals.

Benchmark Comparison: As it's an actively managed strategy with proprietary screening, direct benchmark comparisons require access to its specific performance metrics against a relevant mid-cap growth or ESG index. The objective is to outperform a chosen benchmark.

Expense Ratio:

Average Trading Volume

Average trading volume data for this specific ETF is not readily available and would need to be sourced from real-time financial data providers.

Bid-Ask Spread

Information on the bid-ask spread for this ETF is not readily available and would require real-time market data access.

Market Environment Factors

The ETF is influenced by the overall performance of the U.S. mid-cap equity market, investor sentiment towards growth stocks, and the increasing demand for ESG-compliant investments. Interest rate policies and economic growth projections also play a significant role.

Growth Trajectory

The growth trajectory of this ETF is tied to the adoption of faith-based investing principles and the success of its momentum strategy. Changes in holdings would reflect the dynamic nature of momentum investing and ongoing adherence to BRI criteria.

Competitive Edge

The ETF's primary competitive edge is its specialized focus on Biblically Responsible Investing (BRI) integrated with a mid-cap momentum strategy. This unique combination appeals to a specific segment of investors seeking to align their financial portfolios with their religious and ethical values, a niche not broadly covered by mainstream ETFs. The proprietary screening process and dedicated management team for this specific strategy further differentiate it.

Volatility

As an ETF focused on mid-cap stocks and momentum, it is expected to exhibit moderate to high volatility, reflecting the inherent risks of growth-oriented equities and trend-following strategies. Historical volatility data would need to be analyzed.

Market Risk

The underlying assets are U.S. mid-cap stocks, making the ETF susceptible to risks associated with the broader stock market, economic downturns, and sector-specific performance. ESG and faith-based screening may also introduce risks if companies meeting these criteria underperform.

Ideal Investor Profile

The ideal investor is an individual or institution that actively seeks to invest in alignment with Christian faith-based values and desires exposure to U.S. mid-capitalization companies exhibiting positive momentum. This investor is likely comfortable with the volatility associated with mid-cap growth stocks and is committed to the long-term principles of Biblically Responsible Investing.

Market Risk

This ETF is best suited for long-term investors who prioritize ethical and faith-based considerations alongside their investment goals. It is not designed for active traders seeking short-term gains due to its strategic approach and potential for lower liquidity.

The Inspire Faithward Mid Cap Momentum ESG ETF offers a unique investment solution for individuals seeking to align their portfolios with Christian values while pursuing capital appreciation. By focusing on U.S. mid-cap companies with strong momentum and adhering to Biblically Responsible Investment (BRI) criteria, it caters to a niche market. While it aims to capture growth, investors should be aware of the inherent volatility associated with mid-cap stocks and momentum strategies. Its specialized nature provides a competitive edge for its target audience.

Data Sources:

• Inspire Investing official website
• Financial data aggregation services (e.g., Morningstar, ETF.com - specific data points may require subscription)
• General knowledge of ETF market structure and principles.

Disclaimers:

This analysis is based on publicly available information and general market knowledge. Specific financial data such as AUM, expense ratios, and historical performance should be verified with the ETF issuer or a reliable financial data provider. Market share data for niche ETFs can be difficult to ascertain precisely. Investing in ETFs involves risks, including the potential loss of principal.