IBD Inspire Corporate Bond ETF
What is IBD?
IBD tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer.
IBD Factset Analytics Insight
IBD’s index utilizes a principles-based bond strategy that aligns with evangelical Christian values as defined by the Issuer. 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. Between March 30 and August 19, 2022, the fund's name included a reference to 'ESG'. The name changes did not impact the fund strategy.
IBD Summary Data
Peers
Fund Flows
IBD Portfolio Data
IBD Index Data
IBD Portfolio Management
IBD Tax Exposures
IBD Fund Structure
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 Tradability
IBD Sector/Industry Breakdown
Benchmark
IBD Top 10 Holdings
IBD Performance Statistics
IBD Top 5 Countries
Benchmark
IBD Top 5 Currencies
Benchmark