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ETFs

Inspire Faithward Mid Cap Momentum ETF

GLRY
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 7, 2020
Expense Ratio
0.8%
Type
US Equities
Fund Owner
Inspire Investing
Volume (1m avg. daily)
$256,920
AUM
$46,026,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

QLYS
Qualys Inc
3.39%
DINO
HF Sinclair Corp.
3.34%
BJ
BJ`s Wholesale Club Holdings Inc
3.32%
KNSL
Kinsale Capital Group Inc
3.24%
NOV
NOV Inc
3.18%
CASY
Casey`s General Stores, Inc.
3.17%
MUSA
Murphy USA Inc
3.14%
EHC
Encompass Health Corp
3.11%
RGA
Reinsurance Group Of America, Inc.
3.03%
MUR
Murphy Oil Corp.
3.03%
Invest with GLRY
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What is GLRY?

The Inspire Faithward Mid Cap Momentum ETF seeks to maximize growth and outperform the results (before fees and expenses) of the broader U.S. midcap stock market by applying the Inspire Impact Score and technical analysis driven "FEVRR" method to find biblically aligned stocks with high growth potential based on the company's financial health, earnings trends, valuation, risk and relative strength.

1M
3M
6M
YTD
1Y
3Y
Max
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GLRY
Performance Measures**

for the time period Dec 8, 2020 to Dec 17, 2025

Returns

1M Trailing Return: 1.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -1.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -40.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 21.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.49

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.21

The annualized return divided by the max drawdown for the selected time period.

ETFs related toGLRY

ETFs correlated to GLRY include MIDU, IJH, MDY

GLRY
Northern Lights Fund Trust IV - Inspire Faithward Mid Cap Momentum ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
MDYG
SPDR Series Trust - SPDR S&P 400 Mid Cap Growth ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
IJK
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Growth ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IVOG
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

GLRY is a US Equities ETF. The Inspire Faithward Mid Cap Momentum ETF seeks to maximize growth and outperform the results (before fees and expenses) of the broader U.S. midcap stock market by applying the Inspire Impact Score and technical analysis driven "FEVRR" method to find biblically aligned stocks with high growth potential based on the company's financial health, earnings trends, valuation, risk and relative strength.

Yes, GLRY is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, GLRY is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GLRY is -0.0073%. This is the percent change in the value of GLRY over the most recent 1-month period. The 3-month return on GLRY is 0.0344%. This is the percent change in the value of GLRY over the most recent 3-month period.

The standard deviation of GLRY for the past year is 0.1781%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GLRY include SPHQ, DSI, and QUAL.

ETFs correlated to GLRY include MIDU, IJH, and MDY.

ETFs that are inversely correlated to GLRY include RWM, TZA, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.