Inspire Corporate Bond ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
IBD tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards. |
Category | Corporate |
Fund Sponsor | Inspire |
Website | www.inspireetf.com |
Inception date | Jul 10, 2017 |
Assets (mns) | $249 |
Currency | USD |
Expense ratio | 45 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Equal |
Index replication |
No. of constituents | 246 |
No of distinct issuers | 120 |
Inflation protected | 0% |
Variable/Fixed coupon | 4% /96% |
Non-standard maturity (callable, etc.) | 88% |
0.0% // | 0.0 % |
TOTAL | 0.0 % |
---|
REPUBLIC SERVICES, INC. | 3.9% |
ALEXANDRIA REAL ESTATE EQUITIES, I... | 2.6% |
REALTY INCOME CORPORATION | 2.6% |
STRYKER CORPORATION | 2.4% |
VENTAS REALTY LP | 2.3% |
UNITED STATES | 96.5 % | |
CANADA | 0.6 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.4% | 4.7% | 1.0% | -- | 1.2% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 0.77 | 95% |
S&P500 | 0.22 | 46% |
MSCI EAFE | 0.26 | 60% |
MSCI Emg. Mkts. | 0.23 | 49% |
Recent close | $23.34 |
30d moving avg. | $22.97 |
Annualized volatility | 5.7% |
Short interest (ETF) | 0.2% |
Relative strength (RSI) | 70 |
Avg. volume (thou.) | 99 |
Avg. daily value traded (mns) | $2 |
Turnover | 0.9% |
Bid/Ask (% of price) | 0.28 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
IBD | 4.0 yrs | Category Avg.* |
4.6 yrs |
IBD | 3.9% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 8.35% | -14.9% | $19.85 |
+200 bp | 7.35% | -9.2% | $21.19 |
+150 bp | 6.85% | -6.6% | $21.79 |
+100 bp | 6.35% | -4.2% | $22.35 |
+75 bp | 6.10% | -3.1% | $22.61 |
+50 bp | 5.85% | -2.0% | $22.87 |
+25 bp | 5.60% | -1.0% | $23.11 |
0 bp | 5.35% | 0% | $23.34 |
-25 bp | 5.10% | 0.9% | $23.56 |
-50 bp | 4.85% | 1.8% | $23.77 |
-75 bp | 4.60% | 2.7% | $23.97 |
-100 bp | 4.35% | 3.5% | $24.16 |
-150 bp | 3.85% | 5.0% | $24.50 |
-200 bp | 3.35% | 6.3% | $24.80 |
-300 bp | 2.35% | 8.3% | $25.27 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 535 | bp |
Less: Annual "default factor" | 24 | bp |
Less: Expense ratio | 45 | bp |
Equals: ALTAR Score | 4.66 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.5% |
Corporate | 4.4% |
Emerging Market | 6.2% |
Government | 4.9% |
Inflation Protected | 3.0% |
Mortgage | 5.2% |
Municipals | 3.4% |
*Note: The Inspire Corporate Bond ETF is classified as a Corporate fund. |