Inspire Faithward Mid Cap Momentum ESG ETF (GLRY)

Overview

The Inspire Faithward Mid Cap Momentum ESG ETF (FWMM) is designed to provide exposure to mid-capitalization U.S. companies that exhibit strong momentum characteristics and align with biblical values, while also meeting specific environmental, social, and governance (ESG) criteria.

Reputation and Reliability

Inspire ETFs is known for its biblically responsible investing (BRI) approach and commitment to faith-based values in its investment products. Their reputation is growing within the niche of values-based investing.

Management Expertise

Inspire ETFs employs a team with experience in both financial management and values-based investing, aiming to deliver competitive returns while aligning with their ethical standards.

Goal

The primary investment goal of FWMM is to seek capital appreciation by investing in mid-cap companies demonstrating both strong momentum and alignment with biblical values and ESG principles.

Investment Approach and Strategy

Strategy: FWMM aims to select companies with strong momentum characteristics from the mid-cap universe while screening out companies involved in activities inconsistent with biblical values. This involves a proprietary screening process and a momentum-based selection methodology.

Composition FWMM primarily holds stocks of mid-capitalization U.S. companies that meet both the momentum and biblical values/ESG criteria established by Inspire ETFs.

Market Share: FWMM occupies a niche market share within the ESG and biblically responsible investing segment of the ETF market.

Total Net Assets (AUM): 41498777

Key Competitors

• Xtrackers S&P MidCap 400 ESG ETF (MIDE)
• iShares ESG Aware MSCI USA ETF (ESGU)
• Vanguard ESG U.S. Stock ETF (ESGV)

Competitive Landscape

The ESG ETF industry is highly competitive, with many providers offering various strategies. FWMM's advantage lies in its biblically responsible investing (BRI) approach, which appeals to a specific investor base. However, it faces competition from larger ESG ETFs with greater scale and liquidity.

Historical Performance: Historical performance data should be reviewed to assess the ETF's returns over various time periods (e.g., 1 year, 3 years, 5 years) and compare it to relevant benchmarks. Historical performance data is omitted, as this is a simulated response.

Benchmark Comparison: A benchmark comparison should be made against relevant mid-cap indices and ESG-focused indices to assess the ETF's performance relative to its peers and the broader market.

Expense Ratio: 0.49

Average Trading Volume

The average trading volume impacts how easily shares can be bought and sold without significantly affecting the price; FWMM's average trading volume should be evaluated.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, indicating the cost of trading; this should be reviewed for FWMM.

Market Environment Factors

Economic indicators, growth prospects for the mid-cap sector, investor sentiment towards ESG investing, and overall market conditions all influence FWMM's performance.

Growth Trajectory

FWMM's growth depends on increased adoption of biblically responsible investing, sustained momentum in the mid-cap sector, and its ability to attract and retain assets under management. Future changes in strategy or holdings should be monitored to understand the fund's trajectory.

Competitive Edge

FWMM's competitive edge lies in its unique combination of momentum investing, mid-cap exposure, and biblically responsible screening, appealing to investors seeking both financial returns and alignment with their values. Its focus on biblical values differentiates it from broader ESG ETFs and attracts a specific segment of the market. The ETF provides a niche offering within the ESG landscape. The BRI screening process and strong momentum characteristics combined could allow for stronger risk adjusted returns.

Volatility

Historical volatility measures should be used to assess FWMM's price fluctuations relative to the market and its peers. Data unavailable.

Market Risk

Specific risks associated with FWMM's underlying assets include market risk affecting mid-cap stocks, sector concentration risk, and the potential for underperformance due to the screening process.

Ideal Investor Profile

The ideal investor for FWMM is someone seeking exposure to mid-cap companies with strong momentum characteristics and a commitment to biblically responsible investing and ESG principles.

Market Risk

FWMM may be suitable for long-term investors seeking capital appreciation while aligning their investments with their values. Active traders may also find it appealing due to its momentum-based strategy.

The Inspire Faithward Mid Cap Momentum ESG ETF (FWMM) offers a unique combination of momentum investing, mid-cap exposure, and biblically responsible screening. Its appeal is to investors seeking capital appreciation while adhering to specific ethical and religious values. This ETF's success depends on its ability to attract assets within the niche of biblically responsible investing and its performance relative to broader ESG and mid-cap benchmarks. While it offers differentiation through its values-based approach, it faces competition from larger, more established ESG ETFs.

Data Sources:

• Inspire ETFs Website
• ETF.com
• Morningstar

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Market data is subject to change.