ISMD

Inspire Small/Mid Cap ETF

$37.22
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Inspire Small/Mid Cap ETF (ISMD) seeks to track the performance of the Inspire Small/Mid Cap Impact Index, which is designed to provide exposure to small and mid-cap U.S. companies that meet certain environmental, social, and governance (ESG) criteria.

Overview

ETF tracking Inspire Small/Mid Cap ETF

Category Mid Cap
Issuer Other
Inception Date 2017-02-28
Market Cap $214.0M
Average Volume N/A
Dividend Yield 1.19%
52-Week Range $29.72 - $40.75
VWAP $37.08

Performance

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Investment Summary

📎 Investment Objective

The Inspire Small/Mid Cap ETF (ISMD) seeks to track the performance of the Inspire Small/Mid Cap Impact Index, which is designed to provide exposure to small and mid-cap U.S. companies that meet certain environmental, social, and governance (ESG) criteria.

🎯 Investment Strategy

The ETF invests in a portfolio of small and mid-cap U.S. stocks that are selected based on their alignment with Inspire's biblically responsible investing principles. The index aims to identify companies that demonstrate positive environmental, social, and governance characteristics.

✨ Key Features

  • Focuses on small and mid-cap U.S. equities that meet ESG criteria
  • Seeks to track the Inspire Small/Mid Cap Impact Index
  • Expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund invests in a specific market capitalization range
  • Potential for higher volatility compared to broader market indexes
  • Limited performance history makes it difficult to evaluate long-term returns
  • ESG criteria may limit the investment universe and potentially impact returns

👤 Best For

The Inspire Small/Mid Cap ETF may be suitable for investors seeking exposure to small and mid-cap U.S. equities with a focus on companies that align with biblically responsible investing principles. Investors should have a long-term investment horizon and be comfortable with the potential for higher volatility compared to broader market indexes.