ISMDInspire Small/Mid Cap ESG ETF
ISMD Fund Description
ISMD tracks an equal-weighted index of 500 small- and midcap US stocks that are screened for alignment with biblical values and positive impact on the world according to various ESG criteria.
ISMD Factset Analytics Insight
ISMD follows a principles-based, “biblically responsible” investing philosophy, screening for firms with products and policies aligned to evangelical Christian values. By rule, it screens out companies with any degree of involvement in certain activities: abortion, gambling, alcohol, human rights violations, and (to some controversy) LGBT lifestyles. ISMD goes on to score remaining firms by how well they align with its values, considering factors such as family time for employees, community philanthropy, environmental protection, or products that treat disease or support education. The 500 highest scoring firms receive equal weights in the fund. Despite an environmental component in its screen, many firms in extractive industries—mining and petroleum—appear to make the cut. The portfolio does show a pronounced tilt toward small-caps. This is at least partially a result of the fund’s equal-weighting scheme, which favors smaller firms, and its small-cap-leaning selection universe. The index is rebalanced quarterly. On March 30, 2022, the fund name was updated to include 'ESG'.
ISMD Summary Data
ISMD Portfolio Data
ISMD Index Data
ISMD Portfolio Management
ISMD Tax Exposures
ISMD Fund Structure
ISMD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ISMD. ISMD is rated a 5 out of 5.
ISMD Sector/Industry Breakdown
ISMD Top 10 Holdings[View All]
ISMD Economic Development
ISMD Performance Statistics
ISMD Benchmark Comparison Summary
ISMD Benchmark Comparison Market Cap Size