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ETFs

Inspire Corporate Bond ETF

IBD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 10 2017
Expense Ratio
0.45%
Type
US Bonds
Fund Owner
Inspire Investing
Volume (1m avg. daily)
$1,285,562
AUM
$259,008,000
Associated Index
Inspire Corporate Bond Impact Equal Weight Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
BBH SWEEP VEHICLE
1.82%
DVN25
Devon Energy Corp. - 5.85% NT REDEEM 15/12/2025 USD 2000
1.51%
LEN23
Lennar Corp. - 4.875% NT REDEEM 15/12/2023 USD 2000
1.51%
WMB/23
Williams Partners L.P. - 4.50% NT REDEEM 15/11/2023 USD 2000
1.51%
RSG24
Republic Services, Inc. - 2.50% NT REDEEM 15/08/2024 USD 2000
1.47%
n/a
Trimble 4.9 % Notes 2018-15.06.28 Global
1.46%
n/a
Edwards Lifesciencs 4.3 % Notes 2018-15.06.28 Global
1.44%
CBOE4443340
CBOE 3.65 01/12/27
1.44%
RSG28
Republic Services, Inc. - 3.95% NT REDEEM 15/05/2028 USD 2000
1.43%
DG27
Dollar General Corp. - 3.875% NT REDEEM 15/04/2027 USD 2000
1.43%
Invest with IBD

What is IBD?

Inspire Corporate Bond ETF (IBD) invests in the investment grade bonds of inspiring, biblically aligned large companies ($13B+ market cap) from the United States. IBD is managed according to biblically responsible investing standards seeking to create meaningful impact in the world and help investors align their investments to support biblical values. The Inspire Corporate Bond ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Corporate Bond Impact Equal Weight Index.

ETFs related toIBD

ETFs correlated to IBD include BSCS, VCSH, VCIT

IBD
Northern Lights Fund Trust IV - Inspire Corporate Bond ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate Bond ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
SPIB
SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 Corporate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIBD

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IBD using Composer

FAQ

IBD is a US Bonds ETF. Inspire Corporate Bond ETF (IBD) invests in the investment grade bonds of inspiring, biblically aligned large companies ($13B+ market cap) from the United States. IBD is managed according to biblically responsible investing standards seeking to create meaningful impact in the world and help investors align their investments to support biblical values. The Inspire Corporate Bond ETF seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Corporate Bond Impact Equal Weight Index.

IBD tracks the Inspire Corporate Bond Impact Equal Weight Index.

No, IBD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IBD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IBD is -0.0041%. This is the percent change in the value of IBD over the most recent 1-month period. The 3-month return on IBD is -0.0096%. This is the percent change in the value of IBD over the most recent 3-month period.

The standard deviation of IBD for the past year is 0.0627%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IBD include SPSB, VCLT, and LQD.

ETFs correlated to IBD include BSCS, VCSH, and VCIT.

ETFs that are inversely correlated to IBD include TBX, PST, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.