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) | $247 |
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 | $23.13 |
30d moving avg. | $22.97 |
Annualized volatility | 5.7% |
Short interest (ETF) | 0.6% |
Relative strength (RSI) | 70 |
Avg. volume (thou.) | 106 |
Avg. daily value traded (mns) | $2 |
Turnover | 1.0% |
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 | 8.54% | -14.9% | $19.67 |
+200 bp | 7.54% | -9.2% | $21.00 |
+150 bp | 7.04% | -6.6% | $21.59 |
+100 bp | 6.54% | -4.2% | $22.15 |
+75 bp | 6.29% | -3.1% | $22.41 |
+50 bp | 6.04% | -2.0% | $22.66 |
+25 bp | 5.79% | -1.0% | $22.90 |
0 bp | 5.54% | 0% | $23.13 |
-25 bp | 5.29% | 0.9% | $23.35 |
-50 bp | 5.04% | 1.8% | $23.56 |
-75 bp | 4.79% | 2.7% | $23.75 |
-100 bp | 4.54% | 3.5% | $23.94 |
-150 bp | 4.04% | 5.0% | $24.28 |
-200 bp | 3.54% | 6.3% | $24.58 |
-300 bp | 2.54% | 8.3% | $25.04 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 554 | bp |
Less: Annual "default factor" | 24 | bp |
Less: Expense ratio | 45 | bp |
Equals: ALTAR Score | 4.85 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.6% |
Corporate | 4.5% |
Emerging Market | 6.3% |
Government | 4.7% |
Inflation Protected | 3.0% |
Mortgage | 5.3% |
Municipals | 3.4% |
*Note: The Inspire Corporate Bond ETF is classified as a Corporate fund. |