Inspire Small/Mid Cap Impact ETF (ISMD)

Overview

The Inspire Small/Mid Cap Impact ETF (ISMD) seeks to provide investment results that correspond generally to the performance of the Inspire Small/Mid Cap Impact Index. The fund focuses on small- and mid-capitalization companies while adhering to biblical values and socially responsible investing principles, aiming to achieve both financial returns and positive societal impact.

Reputation and Reliability

Inspire Investing is known for its biblically responsible ETFs and focus on aligning investments with Christian values.

Management Expertise

Inspire Investing's management team has experience in faith-based investing and active portfolio management.

Goal

To provide investment results that correspond generally to the performance of the Inspire Small/Mid Cap Impact Index.

Investment Approach and Strategy

Strategy: The ETF aims to track the Inspire Small/Mid Cap Impact Index, which selects companies based on financial metrics and adherence to biblically responsible investing principles.

Composition The ETF primarily holds stocks of small- and mid-capitalization companies that meet Inspire Investing's ethical criteria.

Market Share: ISMD has a niche market share within the faith-based and socially responsible investing ETF segment.

Total Net Assets (AUM): 80900000

Key Competitors

• Xtrackers MSCI KLD Global SDGs ETF (SDGA)
• iShares ESG Aware MSCI USA ETF (ESGU)
• SPDR S&P 500 ESG ETF (EFIV)

Competitive Landscape

The socially responsible investing (SRI) and ESG ETF market is competitive. ISMD distinguishes itself with its biblically responsible investing approach, while competitors often focus on broader ESG factors. This specialized approach gives ISMD a unique selling point but also limits its appeal compared to broader ESG funds.

Historical Performance: Historical performance data should be sourced directly from financial websites and evaluated over different time periods (e.g., 1-year, 3-year, 5-year, 10-year, since inception).

Benchmark Comparison: Compare ISMD's performance against the Inspire Small/Mid Cap Impact Index to assess tracking effectiveness.

Expense Ratio: 0.49

Average Trading Volume

ISMD's average trading volume is moderate, indicating reasonable liquidity for most investors.

Bid-Ask Spread

The bid-ask spread for ISMD is generally competitive, reflecting adequate market liquidity.

Market Environment Factors

Economic conditions, interest rates, and overall market sentiment influence ISMD's performance, especially due to its small- and mid-cap focus. Growth in ESG and socially responsible investing can also impact demand.

Growth Trajectory

ISMD's growth depends on the increasing interest in faith-based and socially responsible investing, as well as its ability to attract investors seeking ethical investment options.

Competitive Edge

ISMD's competitive edge lies in its unique biblically responsible investing approach, catering to investors seeking to align their investments with Christian values. This differentiates it from broader ESG funds. The fund's adherence to specific ethical criteria, based on biblical principles, appeals to a niche market segment. This clear and focused investment philosophy offers a unique value proposition.

Volatility

ISMD's volatility is expected to be similar to other small- and mid-cap ETFs, potentially higher than large-cap focused funds.

Market Risk

The underlying assets of ISMD are subject to market risk, particularly related to small- and mid-cap companies, which can be more volatile than larger, more established firms.

Ideal Investor Profile

The ideal investor for ISMD is someone who seeks to align their investments with Christian values and is comfortable with the risk profile of small- and mid-cap stocks.

Market Risk

ISMD is suitable for long-term investors seeking ethical investment options within a diversified portfolio. It may also appeal to investors with a specific interest in faith-based investing.

The Inspire Small/Mid Cap Impact ETF (ISMD) offers investors exposure to small- and mid-cap companies that align with biblically responsible investing principles. Its unique focus on faith-based ethics differentiates it from broader ESG funds. While providing a niche market appeal, it is important to acknowledge that due to its specialized selection criteria it may not match returns that broader ESG fund or overall market returns. Thus, ISMD is most appropriate for those specifically looking to invest within its defined ethical constraints.

• SDGA
• EFIV
• ESGU
• CRBN
• DSI

Data Sources:

• Inspire Investing Website
• ETF.com
• Morningstar

Disclaimers:

The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data and performance figures may vary based on the source and date of collection.