Inspire Corporate Bond ETFInspire Corporate Bond ETFInspire Corporate Bond ETF

Inspire Corporate Bond ETF

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Key stats


Assets under management (AUM)
‪425.74 M‬USD
Fund flows (1Y)
‪80.67 M‬USD
Dividend yield (indicated)
4.02%
Discount/Premium to NAV
0.2%
Shares outstanding
‪17.60 M‬
Expense ratio
0.43%

About Inspire Corporate Bond ETF


Issuer
Inspire Impact Group LLC
Brand
Inspire
Inception date
Jul 10, 2017
Structure
Open-Ended Fund
Index tracked
Inspire Corporate Bond Impact Equal Weight Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Inspire Investing LLC
Distributor
Foreside Fund Services LLC
ISIN
US66538H6339
IBD utilizes a principles-based bond strategy that aligns with evangelical Christian values defined by the issuer. Starting from a broad universe of USD-denominated, investment-grade corporate bonds issued by S&P 500 companies, the fund screens out firms with any participation in activities inconsistent with biblical values as defined by the index sponsor. The fund applies a proprietary model to score companies based on primary business activities, products and services, philanthropy, legal activities, policies, and practices. The fund holds 250 bonds from the 200 highest-scoring issuers, weighted equally across four maturity tranches of 0-3, 3-5, 5-7,and 7-10 years. The portfolio will have an average maturityof approximately5 years. IBD is a potential fit for investors who share the faith-based principles defined by the issuer. Between March 30 and August 19, 2022, the fund's name included a reference to 'ESG'. There was no change in the strategy.

Broaden your horizons with more funds linked to IBD via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Intermediate
Strategy
ESG
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Principles-based
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IBD trades at 24.18 USD today, its price has fallen −0.29% in the past 24 hours. Track more dynamics on IBD price chart.
IBD net asset value is 24.14 today — it's risen 0.55% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IBD assets under management is ‪425.74 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IBD price has fallen by −2.34% over the last month, and its yearly performance shows a 0.21% increase. See more dynamics on IBD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.55% over the last month, showed a 1.69% increase in three-month performance and has increased by 4.01% in a year.
IBD fund flows account for ‪83.09 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IBD invests in bonds. See more details in our Analysis section.
IBD expense ratio is 0.43%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IBD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IBD technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IBD shows the buy signal. See more of IBD technicals for a more comprehensive analysis.
Yes, IBD pays dividends to its holders with the dividend yield of 4.02%.
IBD trades at a premium (0.17%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IBD shares are issued by Inspire Impact Group LLC
IBD follows the Inspire Corporate Bond Impact Equal Weight Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 10, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.