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ETFs

Inspire Small/Mid Cap ETF

ISMD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 27, 2017
Expense Ratio
0.54%
Type
US Equities
Fund Owner
Inspire Investing
Volume (1m avg. daily)
$763,254
AUM
$153,015,000
Associated Index
Inspire Small/Mid Cap Impact Equal Weight Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TDS
Telephone And Data Systems, Inc.
0.45%
TUP
Tupperware Brands Corporation
0.44%
GMED
Globus Medical Inc - Ordinary Shares - Class A
0.38%
n/a
BBH SWEEP VEHICLE
0.34%
TRUP
Trupanion Inc
0.30%
SABR
Sabre Corp
0.29%
MOD
Modine Manufacturing Co.
0.28%
VRTV
Veritiv Corp
0.28%
NEWR
New Relic Inc
0.28%
OLLI
Ollies Bargain Outlet Holdings Inc
0.27%
Invest with ISMD

What is ISMD?

Inspire Small/Mid Cap ETF (ISMD) invests into inspiring, biblically aligned small and mid-sized companies ($850M-$12.99B market cap) from the United States. ISMD is managed according to biblically responsible investing standards seeking to create meaningful impact in the world and help investors align their investments to support biblical values. The Inspire Small/Mid Cap ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Small/Mid Cap Impact Equal Weight Index.

ETFs related toISMD

ETFs correlated to ISMD include SPSM, IJR, VIOO

ISMD
Northern Lights Fund Trust IV - Inspire Small/Mid Cap ETF
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value 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.

Automated Strategies
Related toISMD

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#SAM

Spread Across the Market

Category

Getting Defensive, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with ISMD using Composer

FAQ

ISMD is a US Equities ETF. Inspire Small/Mid Cap ETF (ISMD) invests into inspiring, biblically aligned small and mid-sized companies ($850M-$12.99B market cap) from the United States. ISMD is managed according to biblically responsible investing standards seeking to create meaningful impact in the world and help investors align their investments to support biblical values. The Inspire Small/Mid Cap ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Small/Mid Cap Impact Equal Weight Index.

ISMD tracks the Inspire Small/Mid Cap Impact Equal Weight Index.

No, ISMD is not actively managed. It is passively 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.

Yes, ISMD is passively 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 ISMD is -0.0415%. This is the percent change in the value of ISMD over the most recent 1-month period. The 3-month return on ISMD is -0.0181%. This is the percent change in the value of ISMD over the most recent 3-month period.

The standard deviation of ISMD for the past year is 0.2198%. 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 ISMD include SPHQ, DSI, and QUAL.

ETFs correlated to ISMD include SPSM, IJR, and VIOO.

ETFs that are inversely correlated to ISMD 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.