Inspire Small/Mid Cap ETF
$46.27−0.09 (−0.19%)
- 0.53%
- $318M
- +26.5%
- 1.43%
- 0M sh
- $46.49
- low $35.81high $51.58
The ETF.net ISMD Grade
C
Score 44 out of 100
- 41 of 48
Score 44 of 100 falls in the C 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.F9 out of 100Rank 44 of 48Mission
Whether the fund did what it promised, tested against its stated mandate.A78 out of 100Rank 34 of 43Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 42 of 48Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 29 of 48Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 1 of 48Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 25 of 48
Our read on ISMD
CA values screen most investors meet in large-cap form, aimed instead at US small and mid caps. Running since 2017, it tracks an index built on Inspire's own Impact Score, so the screening is rules-based rather than a manager's judgment call.
The Fund seeks to replicate, before fees and expenses, the performance of the Inspire Small/Mid Cap Impact Index.
Why people hold it
- The values filter is codified. It tracks the Inspire Small/Mid Cap Impact Index, screened by the Inspire Impact Score, so exclusions follow published rules instead of a manager's discretion.
- Screening doesn't hollow out the portfolio. Holdings construction and diversification are the fund's strongest measured trait, well ahead of where its overall standing sits.
- No mandate drift. It stays what the prospectus says it is: a US equity fund in the small and mid cap range, tracking its stated index rather than wandering into large caps.
- Live since 2017 and now in the $250M to $1B range, with quarterly distributions. That's past the fragile startup stage for a niche screened strategy.
Worth knowing
- The screen carries a price. At 0.53%, it costs meaningfully more than the plain broad-market trackers in its peer group, such as ILCB and GUSA.
- It's thinly traded, so bid-ask spreads can be wider than on the giant index funds it sits beside.
- Small and mid caps swing harder than large caps, and the screen narrows the pool further. Expect a bumpier ride than a total-market fund.
ISMD Holdings
- Stocks
- 502
- 2%
- PCRX
Sectors
- Financials17.2%
- Industrials16.6%
- Technology16.0%
- Health Care11.5%
- Consumer Discretionary10.6%
- Real Estate7.9%
- Consumer Staples5.9%
- Materials5.6%
- Energy4.3%
- Utilities3.3%
- Communication1.2%
Geography
- United States98.97%
- Bermuda0.42%
- France0.21%
- Ireland0.20%
- Cayman Islands0.20%
ISMD 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.
ISMD$12,651
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 | ISMD |
|---|---|
| Year to date | +21.6% |
| 1 month | −2.8% |
| 3 months | −5.3% |
| 1 year | +26.5% |
| 3 years | +17.6% |
| 5 years | +8.4% |
| 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 | ISMD |
|---|---|---|
| 2026 YTD | +21.6% | |
| 2025 | +4.1% | |
| 2024 | +9.5% | |
| 2023 | +16.8% | |
| 2022 | −13.5% | |
| 2021 | +29.4% | |
| 2020 | +7.5% |
ISMD in the news
ISMD Dividends
- 1.43%
- $0.66
- $0.23 per share
- Quarterly
Distribution history
ISMD Risk
- 19.4%
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.
- 0.66
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.
- −26.6%
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.
- 1.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ISMD Cost
0.53%
ISMD0.53%
- The middle half of US ESG & Values Index funds
- Median 0.23%
43 of the 48 US ESG & Values Index funds charge less.
Other funds in US ESG & Values Index
- CBIBLInspire 100 ETFExpense ratio 0.41%1 year return +27.9%
- CTPSCTimothy Plan US Small Cap Core ETFExpense ratio 0.52%1 year return +15.0%
- CNUMGNuveen ESG Mid-Cap GrowthExpense ratio 0.31%1 year return −0.6%
- CMNZLManzil Russell Halal USA Broad Market ETFExpense ratio 0.40%1 year return —
- DDEMZDemocratic Large Cap Core ETFExpense ratio 0.45%1 year return +21.0%