- ISIN
- US66538H1876
- Issuer
- Inspire
- Inception Date
- Aug 23, 2022
- Region
- North America (U.S.)
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- WI Fidelis Multi-Cap, Multi-Factor Index - Benchmark TR Gross
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $205M
Share Price Chart
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Performance
FDLS Performance Chart
Inspire Fidelis Multi Factor ETF (FDLS) is up 11.5% since the beginning of the year. FDLS is currently trading at $40 per share.
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Returns By Period
Inspire Fidelis Multi Factor ETF (FDLS) has returned 11.53% so far this year and 31.78% over the past 12 months.
Inspire Fidelis Multi Factor ETF
- 1D
- -2.33%
- 1M
- -4.03%
- YTD
- 11.53%
- 6M
- 11.76%
- 1Y
- 31.78%
- 3Y*
- 18.51%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 24.32%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
FDLS Monthly Returns History
Based on dividend-adjusted daily data since Aug 24, 2022, FDLS's average daily return is +0.07%, while the average monthly return is +1.33%. At this rate, an investment would double in approximately 4.4 years.
Historically, 55% of months were positive and 45% were negative. The best month was Oct 2022 with a return of +12.7%, while the worst month was Sep 2022 at -8.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FDLS closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Apr 4, 2025 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.87% | 4.67% | -5.60% | 9.99% | -0.20% | -1.95% | 11.53% | ||||||
| 2025 | 4.91% | -3.05% | -5.88% | -1.50% | 8.91% | 5.44% | 0.42% | 6.58% | 2.97% | -0.70% | 3.69% | -0.33% | 22.47% |
| 2024 | -2.09% | 3.25% | 3.39% | -4.97% | 4.89% | -2.75% | 5.95% | 0.32% | 0.28% | -1.15% | 9.80% | -8.36% | 7.41% |
| 2023 | 7.16% | 0.05% | -4.26% | -3.51% | 1.49% | 10.84% | 4.54% | -2.30% | -4.39% | -6.23% | 9.05% | 8.49% | 20.70% |
| 2022 | -3.91% | -8.37% | 12.73% | 5.21% | -5.86% | -1.68% |
Benchmark Metrics
Inspire Fidelis Multi Factor ETF has an annualized alpha of -0.14%, beta of 1.00, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since August 25, 2022.
- This ETF participated in 106.07% of S&P 500 Index downside but only 102.09% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.00 and R2 of 0.72, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.14%
- Beta
- 1.00
- R²
- 0.72
- Upside Capture
- 102.09%
- Downside Capture
- 106.07%
Expense Ratio
FDLS has an expense ratio of 0.76%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FDLS ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Inspire Fidelis Multi Factor ETF (FDLS) and compare them to S&P 500 Index.
| FDLS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 2.69 | +0.66 |
| Martin ratioReturn relative to average drawdown | 13.34 | 12.34 | +0.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Inspire Fidelis Multi Factor ETF provided a 0.88% dividend yield over the last twelve months, with an annual payout of $0.35 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.35 | $0.31 | $2.14 | $0.28 | $0.08 |
Dividend yield | 0.88% | 0.86% | 7.26% | 0.97% | 0.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Inspire Fidelis Multi Factor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.09 | ||||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.31 |
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.91 | $2.14 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.12 | $0.28 |
| 2022 | $0.02 | $0.00 | $0.00 | $0.06 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Inspire Fidelis Multi Factor ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Inspire Fidelis Multi Factor ETF was 23.32%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.
The current Inspire Fidelis Multi Factor ETF drawdown is 4.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -23.32%Apr 2025 | 4mo 13d | 2mo 26d | 7mo 9dNov 2024 - Jul 2025 |
Bear market2022 | -15.20%Sep 2022 | 1mo 1d | 1mo 20d | 2mo 21dAug 2022 - Nov 2022 |
2023 correction2023 | -13.38%Oct 2023 | 2mo 26d | 1mo 18d | 4mo 14dAug 2023 - Dec 2023 |
2023 correction2023 | -10.85%May 2023 | 2mo 16d | 1mo 10d | 3mo 26dFeb 2023 - Jun 2023 |
2026 pullback2026 | -9.55%Mar 2026 | 17d | 25d | 1mo 12dMar 2026 - Apr 2026 |
Drawdown Indicators
| FDLS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.32% | -56.78% | +33.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.55% | -9.10% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -23.32% | -18.90% | -4.42% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.03% | -2.97% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -3.88% | -10.72% | +6.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 1.97% | +0.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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