FDLS

Inspire Fidelis Multi Factor ETF

$34.62
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Inspire Fidelis Multi Factor ETF (FDLS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Inspire Fidelis Multi-Factor Index.

Overview

ETF tracking Inspire Fidelis Multi Factor ETF

Category Other
Issuer Other
Inception Date 2022-08-24
Market Cap $103.8M
Average Volume N/A
Dividend Yield 6.12%
52-Week Range $24.68 - $35.50
VWAP $34.62

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Inspire Fidelis Multi Factor ETF (FDLS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Inspire Fidelis Multi-Factor Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) investment approach, designed to track the performance of the underlying index. The index is composed of U.S. large-cap stocks that exhibit certain 'multi-factor' characteristics, such as value, quality, momentum, and low volatility.

✨ Key Features

  • Passively managed index-tracking ETF
  • Focuses on U.S. large-cap stocks with multi-factor characteristics
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The fund's performance may be more volatile due to its focus on a specific market segment
  • Tracking error risk: The fund may not perfectly track the underlying index
  • Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price

👤 Best For

The Inspire Fidelis Multi Factor ETF may be suitable for long-term investors seeking exposure to a diversified portfolio of U.S. large-cap stocks with a focus on multi-factor investing. However, due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.