GLRY

Inspire Momentum ETF

$35.94

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Inspire Momentum ETF (GLRY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Inspire Momentum Index.

Overview

ETF tracking Inspire Momentum ETF

Category Growth

Issuer Other

Inception Date 2020-12-08

Market Cap $90.7M

Average Volume N/A

Dividend Yield 0.34%

52-Week Range $26.26 - $38.01

VWAP $35.94

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Inspire Momentum ETF (GLRY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Inspire Momentum Index.

🎯 Investment Strategy

The ETF invests primarily in U.S. exchange-traded equity securities of companies that the index provider, Inspire Investing, has determined exhibit positive momentum characteristics. The index uses a rules-based methodology to identify companies with strong recent price appreciation.

✨ Key Features

Focuses on U.S. equities exhibiting positive momentum
Passively tracks the Inspire Momentum Index
Low expense ratio of 0.00%
Recently launched with no performance history

⚠️ Primary Risks

Equity market risk as the fund invests in stocks
Momentum investing style risk if the momentum factor underperforms
Lack of performance history makes it difficult to evaluate
Low assets under management may impact liquidity

👤 Best For

The Inspire Momentum ETF may be suitable for growth-oriented investors seeking exposure to U.S. equities with positive momentum characteristics. However, the lack of performance history means it may be more appropriate for investors with a higher risk tolerance and longer investment horizon.