Inspire Fidelis Multi Factor ETF
$42.13+0.03 (+0.07%)
- 0.66%
- $251M
- +27.4%
- 0.84%
- 0M sh
- $42.19
- low $33.37high $44.01
The ETF.net FDLS Grade
D
Score 30 out of 100
- 91 of 99
Score 30 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F6 out of 100Rank 92 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 54 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D34 out of 100Rank 72 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 28 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 71 of 99
Our read on FDLS
DA multi-cap, multi-factor index fund from a boutique shop, priced at 0.66% a year. Launched in 2022, it fishes across the whole size ladder rather than parking in mega-caps like most factor funds do.
The Fund seeks its investment objective through a policy requiring, under normal market conditions, that at least 80% of net assets be invested directly or indirectly in specified investments.
Why people hold it
- Charges 0.66% a year, meaningfully below the median for the funds it's graded against. Modest pricing for a rules-based factor blend from a small issuer.
- Rules first. It tracks the WI Fidelis Multi-Cap, Multi-Factor Index, so what lands in the portfolio comes from a published rulebook rather than a manager's hunch.
- Multi-cap by design: small and mid caps sit beside large caps, a wider net than the large-cap-only factor funds that dominate the shelf.
- Despite the small nameplate, it grades out in the upper tier of its peer group, with the portfolio itself among the sturdier pieces of the picture.
Worth knowing
- Thinly traded. Spreads can widen, and the price on a market order can sit further from the fund's underlying value than it would on a heavily traded ETF.
- Assets are in the small-fund range. Smaller funds run with less cushion and carry more closure or merger risk than the giants.
- It gets graded next to options-income strategies, but the mandate here is plain equity factor exposure: no options premium, no capped upside. Payouts come quarterly.
FDLS Holdings
- Stocks
- 102
- 11%
- VIAV
Sectors
- Technology23.7%
- Industrials16.3%
- Financials14.8%
- Health Care13.7%
- Energy8.9%
- Consumer Discretionary7.8%
- Materials4.8%
- Consumer Staples3.9%
- Utilities3.1%
- Communication1.9%
- Real Estate1.1%
Geography
- United States84.38%
- China2.09%
- United Kingdom2.05%
- Bermuda2.01%
- Greece1.08%
- Hong Kong1.01%
- Luxembourg1.00%
- Israel0.99%
- 5.39%
FDLS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
FDLS$12,736
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FDLS |
|---|---|
| Year to date | +18.6% |
| 1 month | −1.8% |
| 3 months | −0.5% |
| 1 year | +27.4% |
| 3 years | +20.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FDLS |
|---|---|---|
| 2026 YTD | +18.6% | |
| 2025 | +22.4% | |
| 2024 | +7.4% | |
| 2023 | +20.7% | |
| 2022 | −1.7% |
FDLS in the news
FDLS Dividends
- 0.84%
- $0.35
- $0.07 per share
- Quarterly
Distribution history
FDLS Risk
- 17.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.86
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FDLS Cost
0.66%
FDLS0.66%
- The middle half of US Multifactor funds
- Median 0.30%
94 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- DTHLVTHOR Equal Weight Low Volatility ETFExpense ratio 0.64%1 year return +8.5%
- DDVOLFirst Trust Dorsey Wright Momentum & Low Volatility ETFExpense ratio 0.60%1 year return +3.4%
- DSHRYFirst Trust Bloomberg Shareholder Yield ETFExpense ratio 0.60%1 year return +11.3%
- DCAPEDoubleLine Shiller CAPE U.S. Equities ETFExpense ratio 0.65%1 year return +2.3%
- DPAMCPacer Lunt MidCap Multi-Factor Alternator ETFExpense ratio 0.60%1 year return +13.9%