- CUSIP
- 66538H633
- Issuer
- Inspire
- Inception Date
- Jul 10, 2017
- Region
- North America (U.S.)
- Category
- Corporate Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Inspire Corporate Bond Impact Equal Weight Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $487M
Highlights
- Avg. Volume (1M)
- 82K
- Avg. Volume Value (1M)
- $1.94M
Share Price Chart
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Performance
IBD Performance Chart
Inspire Corporate Bond Impact ETF (IBD) is down 0.2% since the beginning of the year. IBD is currently trading at $24 per share. Investors who bought $1,000 worth of IBD shares 5 years ago would now be looking at an investment worth $1,054.
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Returns By Period
Inspire Corporate Bond Impact ETF (IBD) has returned -0.17% so far this year and 2.12% over the past 12 months.
Inspire Corporate Bond Impact ETF
- 1D
- -0.17%
- 1M
- -0.56%
- 6M
- -0.21%
- YTD
- -0.17%
- 1Y
- 2.12%
- 3Y*
- 5.04%
- 5Y*
- 1.05%
- 10Y*
- —
- ALL TIME*
- 2.11%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
IBD Monthly Returns History
Based on dividend-adjusted daily data since Jul 11, 2017, IBD's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, an investment would double in approximately 32.1 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +4.2%, while the worst month was Mar 2020 at -6.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 9 months.
On a daily basis, IBD closed higher 50% of trading days. The best single day was Mar 25, 2020 with a return of +6.0%, while the worst single day was Mar 12, 2020 at -4.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.04% | 0.67% | -1.17% | 0.34% | 0.24% | 0.11% | -0.39% | -0.17% | |||||
| 2025 | 0.77% | 1.37% | 0.14% | 0.72% | -0.08% | 1.54% | -0.04% | 1.18% | 0.50% | -0.37% | 1.68% | 0.05% | 7.70% |
| 2024 | 0.49% | -1.22% | 1.18% | -1.40% | 1.32% | 0.39% | 1.88% | 1.78% | 0.68% | -1.98% | 1.68% | -1.19% | 3.58% |
| 2023 | 2.23% | -1.96% | 2.00% | 0.19% | -0.74% | -0.01% | 0.58% | 0.02% | -1.68% | -0.98% | 3.34% | 3.02% | 6.00% |
| 2022 | -1.84% | -0.94% | -2.34% | -2.84% | 0.63% | -1.54% | 2.48% | -2.34% | -3.00% | -0.78% | 3.16% | 0.26% | -8.94% |
| 2021 | -0.38% | -1.02% | -1.04% | 0.79% | 0.40% | 0.66% | 0.70% | -0.25% | -0.73% | -0.47% | -0.55% | -0.02% | -1.89% |
Benchmark Metrics
Inspire Corporate Bond Impact ETF has an annualized alpha of 1.54%, beta of 0.06, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since July 11, 2017.
- This ETF participated in 21.33% of S&P 500 Index downside but only 14.29% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.06 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.54%
- Beta
- 0.06
- R²
- 0.02
- Upside Capture
- 14.29%
- Downside Capture
- 21.33%
Expense Ratio
IBD has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IBD ranks 32 for risk / return — above 32% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.25 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.00 | -0.65 |
| Martin ratioReturn relative to average drawdown | 3.79 | 8.49 | -4.70 |
Dividends
Dividend History
Inspire Corporate Bond Impact ETF provided a 4.27% dividend yield over the last twelve months, with an annual payout of $1.01 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.01 | $1.01 | $0.98 | $0.80 | $0.40 | $0.35 | $0.43 | $0.64 | $0.50 | $0.21 |
Dividend yield | 4.27% | 4.17% | 4.18% | 3.39% | 1.75% | 1.36% | 1.63% | 2.47% | 2.06% | 0.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Inspire Corporate Bond Impact 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 | $0.06 | $0.08 | $0.09 | $0.08 | $0.08 | $0.10 | $0.08 | $0.56 | |||||
| 2025 | $0.06 | $0.07 | $0.09 | $0.08 | $0.08 | $0.10 | $0.08 | $0.08 | $0.09 | $0.08 | $0.07 | $0.12 | $1.01 |
| 2024 | $0.06 | $0.07 | $0.08 | $0.07 | $0.08 | $0.08 | $0.10 | $0.07 | $0.09 | $0.08 | $0.07 | $0.12 | $0.98 |
| 2023 | $0.04 | $0.05 | $0.04 | $0.07 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.09 | $0.06 | $0.11 | $0.80 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.05 | $0.05 | $0.08 | $0.40 |
| 2021 | $0.04 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.09 | $0.35 |
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 Corporate Bond Impact 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 Corporate Bond Impact ETF was 16.30%, occurring on Mar 19, 2020. Recovery took 57 trading sessions.
The current Inspire Corporate Bond Impact ETF drawdown is 1.03%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-16.30%Mar 2020 | 15d | 2mo 23d | 3mo 8dMar 2020 - Jun 2020 | COVID crash2020 |
-14.76%Oct 2022 | 1y 2mo | 2y 4mo | 3y 7moAug 2021 - Mar 2025 | Bear market2022 |
-4.35%Apr 2018 | 2mo 22d | 11mo 10d | 1y 1moJan 2018 - Mar 2019 | — |
-2.64%Mar 2021 | 2mo 14d | 4mo 2d | 6mo 16dJan 2021 - Jul 2021 | — |
-2.55%Apr 2025 | 1d | 1mo 27d | 1mo 28dApr 2025 - Jun 2025 | 2025 selloff2025 |
Drawdown Indicators
| IBD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.30% | -56.78% | +40.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.15% | -9.10% | +6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -3.61% | -18.90% | +15.29% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -25.43% | +10.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.03% | -1.58% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -10.70% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 2.14% | -1.37% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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