PTL

Inspire 500 ETF

$244.93
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Inspire 500 ETF (PTL) seeks to track the performance of the Inspire 500 Index, which is designed to provide exposure to large-cap U.S. companies that meet certain environmental, social, and governance (ESG) criteria.

Overview

ETF tracking Inspire 500 ETF

Category Other
Issuer Other
Inception Date 2024-03-26
Market Cap $483.7M
Average Volume N/A
Dividend Yield 1.25%
52-Week Range $181.36 - $254.67
VWAP $245.63

Performance

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Investment Summary

📎 Investment Objective

The Inspire 500 ETF (PTL) seeks to track the performance of the Inspire 500 Index, which is designed to provide exposure to large-cap U.S. companies that meet certain environmental, social, and governance (ESG) criteria.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks that are included in the Inspire 500 Index. The index selects companies based on their alignment with biblical values and principles, as determined by Inspire Investing's proprietary methodology.

✨ Key Features

  • Focuses on large-cap U.S. stocks that meet ESG and faith-based criteria
  • Passively tracks the Inspire 500 Index, which is rebalanced quarterly
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific index and investment approach
  • Potential for underperformance compared to broader market indexes
  • Limited track record and assets under management
  • Liquidity risk due to the fund's small size

👤 Best For

The Inspire 500 ETF may be suitable for investors seeking exposure to large-cap U.S. stocks that align with their faith-based and ESG values. However, the fund's limited history and small asset base may make it more appropriate for a smaller allocation within a diversified portfolio.