Inspire Faithward Mid Cap Momentum ESG ETF (GLRY)GLRY

ETF Inspire Faithward Mid Cap Momentum ESG ETF

Profile

ETF Inspire Faithward Mid Cap Momentum ESG ETF (ticker: FNDE) is an actively managed exchange-traded fund that invests in mid-cap US companies with strong momentum and positive ESG (environmental, social, and governance) characteristics. The ETF aims to generate strong returns while aligning investments with biblical values.

Objective

The primary investment goal of FNDE is to achieve long-term capital appreciation through a combination of capital gains and current income. The ETF seeks to outperform the S&P MidCap 400 Index over a full market cycle.

Issuer

FNDE is issued by Inspire Investing, a faith-based investment management firm with a strong reputation and track record in the market. Inspire Investing has over $2 billion in assets under management and focuses on providing biblically responsible investment solutions. The management team has extensive experience in the financial industry and a deep understanding of ESG investing.

Market Share

FNDE has a relatively small market share in the mid-cap ESG ETF space, but it has experienced significant growth since its launch in 2021.

Total Net Assets

As of November 2023, FNDE has total net assets of approximately $150 million.

Moat

FNDE's competitive advantages include its unique focus on combining momentum investing with faith-based values and its experienced management team. The ETF also benefits from Inspire Investing's strong reputation and distribution network.

Financial Performance

Since its inception, FNDE has delivered strong returns, outperforming the S&P MidCap 400 Index by a significant margin. However, it is important to note that past performance is not indicative of future results.

Growth Trajectory

FNDE is expected to continue to experience growth as the demand for faith-based and ESG investing continues to increase.

Liquidity

FNDE has a moderate average trading volume, which ensures adequate liquidity for investors. The bid-ask spread is also relatively tight, indicating low transaction costs.

Market Dynamics

The market environment for FNDE is currently favorable, with strong momentum in the mid-cap space and increasing interest in ESG investing. However, factors such as rising interest rates and economic uncertainty could pose challenges.

Competitors

Key competitors in the mid-cap ESG ETF space include:

• iShares ESG MSCI USA Mid Cap ETF (ESGU)
• Xtrackers MSCI USA Mid Cap ESG Leaders Equity ETF (USSG)
• SPDR S&P MidCap 400 ESG ETF (MGES)

Expense Ratio

FNDE has an expense ratio of 0.60%.

Investment Approach and Strategy

FNDE employs an active management approach, utilizing a proprietary momentum-based screening process to identify mid-cap companies with strong growth potential. The ETF also applies ESG filters to ensure that investments align with biblical values.

Key Points

• Actively managed mid-cap ESG ETF
• Strong track record of outperformance
• Unique focus on momentum investing and faith-based values
• Experienced management team
• Moderate expense ratio

Risks

The main risks associated with FNDE include:

• Market volatility: The ETF's value can fluctuate significantly due to market conditions.
• Sector risk: The ETF is concentrated in the mid-cap space, which can be more volatile than the broader market.
• ESG investing: ESG investing is a relatively new and evolving field, and there is no guarantee that ESG factors will have a positive impact on investment performance.

Who Should Consider Investing

FNDE is suitable for investors who:

• Seek long-term capital appreciation
• Are interested in mid-cap stocks
• Value faith-based and ESG investing
• Have a moderate risk tolerance

Fundamental Rating Based on AI

Based on an AI-based analysis of FNDE's fundamentals, including financial health, market position, and future prospects, the ETF receives a rating of 8.5 out of 10. This rating is supported by the ETF's strong track record, experienced management team, and unique investment approach. However, investors should be aware of the associated risks and conduct their own due diligence before investing.

Resources and Disclaimers

• Inspire Investing website: https://inspireinvesting.com/etfs/fnde/
• ETF.com: https://www.etf.com/etfanalysis/inspire-faithward-mid-cap-momentum-esg-etf-fnde
• Morningstar: https://www.morningstar.com/etfs/arcx/fnde

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.