BOISE, Idaho, Oct. 25, 2023 /PRNewswire/ -- After receiving the prestigious 5-Star Morningstar Rating1 earlier in the year, Inspire's biblically responsible international ETF (NYSE: WWJD) continues to beat the S&P International 700 on its 4-year anniversary. WWJD landed in the top 6 percentile out of 679 funds in Morningstar's Foreign Large Blend category, based on total returns over the last three years (as of September 30, 2023). https://www.inspireetf.com/WWJD.
Inspire CEO, Robert Netzly, says, "We are thrilled to see the continued growth of WWJD. Using Biblically Responsible Investing not only gives a moral framework for international investing but is proving to be a solid financial strategy for anyone looking for international exposure in their portfolio. Along with seeking high performing companies, WWJD follows the BRI approach to effectively screen for morally objectionable activities in countries outside the U.S."
About WWJD
With an expense ratio of 0.80%, The Inspire International ETF [NYSE: WWJD] invests in biblically-aligned, large-cap companies outside the United States, as measured by the Inspire Impact Score™. The Inspire Impact Score methodology is an objective, rules-based scoring system that identifies some of the world's most inspiring, biblically aligned companies to invest in. By applying a faith-based perspective, this scoring system seeks out businesses that are a blessing to their customers and communities, workforce, and the world while excluding those that operate at odds with biblical values.
WWJD has grown rapidly along with Inspire's other biblically responsible ETFs, pushing total assets under management over $2 billion and helping Inspire gain recognition by FA Magazine seven times since 2017, making the Top 50 Fastest Growing Firms list three times in a row. Inspire was recognized in The Financial Times "Americas' Fastest Growing Companies" 2021 and 2022 report, as well as the Inc. 5000 list of fastest-growing private companies in America four years running.
About Inspire Investing
Inspire Investing is a leading provider of biblically responsible, faith-based investments and creator of the globally recognized Inspire Impact Score™, which investors worldwide use to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles.
Inspire also donates 50% or more of its net corporate profits to support impactful ministry projects around the globe through its Give50 Program. Most recently, Inspire completed a 3-year village transformation project in the coffee farming mountains of Guatemala to transform the lives of those living in that impoverished community. Thanks to investors, advisors, and institutions using Inspire products, the village now has a church building, a clean water well, improved education facilities, and a fully functional medical clinic. To learn more about the Give50 program, please visit www.inspireinvesting.com/give50.
Visit www.inspireinvesting.com to learn more about Inspire's biblically responsible investment products.
Investment advisory services offered through Inspire Investing, LLC, a Registered Investment Advisor with the SEC.
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call (877) 658-9473 or visit the Fund's website at www.inspireetf.com/WWJD.
Important Risk Information: Inspire, the adviser, provides the index for the Inspire Funds to track. The indexes use software that analyzes publicly available data relating to the primary business activities, products, and services, philanthropy, legal activities, policies, and practices when assigning Inspire Impact Scores to a company. The securities with the highest Inspire Impact Scores are included in the Indexes and are equally weighted. As the Fund may not fully replicate the Index, it is subject to the risk that the investment management strategy may not produce the intended results.
Securities in the Index or in the Fund's portfolio may underperform in comparison to the general securities markets or other asset classes. The Fund may focus its investments in securities of a particular industry to the extent the Index does. This may cause the Fund's net asset value to fluctuate more than that of a fund that does not focus in a particular industry. Fluctuations in the value of equity securities held by the Fund will cause the net asset value ("NAV") of the Fund to fluctuate.
Investments in foreign securities could subject the Fund to greater risks, including currency fluctuation, economic conditions, and different governmental and accounting standards.
The Fund is not actively managed, and the Adviser will not sell shares of an equity security due to current or projected underperformance of a security, industry, or sector unless that security is removed from the Index or the selling of shares of that security is otherwise required upon a rebalancing of the Index as addressed in the Index methodology. Tracking error may occur because of an imperfect correlation between the Fund's holdings of portfolio securities and those in the Index. The Fund's use of a representative sampling approach, if used, could result in its holding a smaller number of securities than are in the Index. To the extent the assets in the Fund are smaller, these risks will be greater.
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 or summary prospectus which contains this and other information, visit www.inspireetf.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.
For the 1-year period, WWJD ranked in the 69th percentile based on total returns out of 730 funds as of 9/30/2023.
1The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period has the greatest impact because it is included in all three rating periods. To learn more about the Morningstar Rating, please visit www.morningstar.com. ©2023 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
SOURCE Inspire Investing
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