Biblically responsible Inspire 100 ETF (NYSE: BIBL) marks three years of trading as performance beats S&P 500 benchmark despite no exposure to high-flying FAANG stocks.
SAN JOSE, CA / ACCESSWIRE / December 2, 2020 / The Inspire 100 ETF (NYSE: BIBL) from biblically responsible investing firm, Inspire Investing, celebrated three-years of trading on Friday, October 30th, 2020. The biblically-aligned fund notched performance numbers slightly in excess of the benchmark S&P 500, despite having no exposure to the high-flying "FAANG stocks", referring to the mega-cap technology giants Facebook, Apple, Amazon, Netflix and Google, which have delivered outsized returns over the past several years.
"Some people were skeptical that a US large cap fund screened for biblical values could keep pace with the S&P 500, especially since our biblical screening excludes the FAANG stocks," commented Robert Netzly, CEO of Inspire. "While we believe glorifying God by investing with biblical values is more important than returns, the three-year performance of BIBL further strengthens our conviction that good values and good returns are not mutually exclusive."
Over the three-year period since inception on October 30th, 2017, the Inspire 100 ETF (NYSE: BIBL) delivered annualized returns of 10.64% on market price and 10.73% on the NAV (net asset value), compared to the S&P 500 return of 10.45% over the same time period. The complete standardized returns table comparing multiple time-frames since inception is below, for both the three year anniversary and as of the most recent quarter end.
PERFORMANCE AS of most recent quarter end (9/30/20) | ||||||
(Returns greater than 1 year are annualized. Data from Bloomberg and ETF Logic.) | 3 year anniversary | 3M | 6 M | 1 YR | YTD | Since INception |
Inspire 100 ETF - NAV1 | 10.73% | 9.37% | 33.26% | 20.78% | 10.07% | 11.76% |
Inspire 100 ETF - Market Price2 | 10.64% | 9.56% | 33.08% | 20.80% | 10.44% | 11.85% |
S&P 500 TR Index | 10.45% | 8.93% | 31.31% | 15.15% | 5.57% | 11.79% |
Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call 877.658.9473.
1Inspire Funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
2Market Price returns are based upon the official closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for most Inspire Funds, and do not represent the returns you would receive if you traded shares at other times.
About Inspire 100 ETF (NSYE: BIBL)
The Inspire 100 ETF (NYSE: BIBL) is comprised of the one-hundred most biblically-aligned, large cap companies in the United States, as measured by the Inspire Impact Score methodology, Inspire's globally recognized faith-based ESG (environmental, social and governance) scoring system. The Inspire Impact Score methodology excludes companies involved with problem areas such as abortion and human trafficking, while awarding positive points to companies exhibiting "best in class" performance in areas such as social impact, labor practices, political action and environmental stewardship.
BIBL offers a net expense of 0.35%, which is contractually reduced by Inspire from the gross expense of 0.57% to keep fees lower for investors at a minimum through March 31, 2021, at which point the fee waiver can be renewed. BIBL seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire 100 Index.
To learn more about the Inspire 100 ETF (NYSE: BIBL), including performance and prospectus, please visit www.inspireETF.com.
About Inspire Investing
Inspire Investing is a leading provider of biblically responsible, faith-based ESG investments and creator of the globally recognized Inspire Impact Score™ which is used by investors around the world to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles. For more information, visit www.inspireinvesting.com.
Media contact:
Eric Smyth
(831)382-6572
inspire@inspireinvesting.com
Investment advisory services offered through CWM Advisors, LLC dba Inspire, a Registered Investment Advisor with the SEC.
There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses. Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, call 877.658.9473, or visit www.inspireinvesting.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA.
Inspire and Foreside Financial Services LLC are not affiliated.
SOURCE: Inspire Investing
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https://www.accesswire.com/619071/Biblical-Inspire-100-ETF-NYSE-BIBL-Beats-Benchmark-At-Three-Year-Anniversary
