IBDInspire Corporate Bond Impact ETF
IBD Fund Description
IBD tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards.
IBD Factset Analytics Insight
IBD’s index utilizes a principles-based bond strategy that aligns with evangelical Christian values. Starting from a broad universe of USD-denominated, investment-grade corporate bonds issued by companies in the S&P 500 Index, IBD screens out companies with any participation in activities that are inconsistent with biblical values as defined by the index sponsor. The fund then applies a proprietary model to evaluate companies based on primary business activities, products and services, philanthropy, legal activities, policies and practices to generate Inspire Impact Scores. The fund holds 250 bonds from the 200 highest-scoring issuers, and equally weights them across four maturity tranches of 0-3, 3-5, 5-7, and 7-10 years, to arrive at an average maturity of approximately 5 years. Overall, IBD is a potential fit for investors who share the faith-based principles defined by IBD’s sponsor and want to invest accordingly.
IBD MSCI ESG Analytics Insight
Inspire Corporate Bond Impact ETF has an MSCI ESG Fund Rating of AA based on a score of 7.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Inspire Corporate Bond Impact ETF ranks in the 70th percentile within its peer group and in the 86th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IBD Summary Data
IBD Portfolio Data
IBD Index Data
IBD Portfolio Management
IBD Tax Exposures
IBD Fund Structure
IBD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IBD. IBD is rated a N/A out of 5.
IBD Sector/Industry Breakdown
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