Inspire Corporate Bond Impact ETF (IBD)
IBD is a passive ETF by Inspire tracking the investment results of the Inspire Corporate Bond Impact Equal Weight Index. IBD launched on Jul 10, 2017 and has a 0.49% expense ratio.
ETF Info
| CUSIP | 66538H633 |
|---|---|
| Issuer | Inspire |
| Inception Date | Jul 10, 2017 |
| Region | North America (U.S.) |
| Category | Corporate Bonds |
| Index Tracked | Inspire Corporate Bond Impact Equal Weight Index |
| Home Page | www.inspireetf.com |
| Asset Class | Bond |
Expense Ratio
The Inspire Corporate Bond Impact ETF has a high expense ratio of 0.49%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Inspire Corporate Bond Impact ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Inspire Corporate Bond Impact ETF had a return of -1.15% year-to-date (YTD) and 2.99% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.15% | 5.05% |
| 1 month | -1.46% | -4.27% |
| 6 months | 5.33% | 18.82% |
| 1 year | 2.99% | 21.22% |
| 5 years (annualized) | 0.56% | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.49% | -1.22% | 1.18% | |||||||||
| 2023 | -1.68% | -0.98% | 3.34% | 3.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Inspire Corporate Bond Impact ETF(IBD)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Inspire Corporate Bond Impact ETF granted a 3.76% dividend yield in the last twelve months. The annual payout for that period amounted to $0.87 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.87 | $0.80 | $0.40 | $0.35 | $0.43 | $0.68 | $0.50 | $0.21 |
Dividend yield | 3.76% | 3.40% | 1.75% | 1.36% | 1.63% | 2.63% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.07 | $0.08 | |||||||||
| 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 |
| 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 |
| 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 |
| 2020 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 |
| 2019 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.04 | $0.12 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.03 | $0.05 | $0.06 | $0.06 |
| 2017 | $0.04 | $0.03 | $0.03 | $0.04 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 6.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.3% | Mar 4, 2020 | 12 | Mar 19, 2020 | 57 | Jun 10, 2020 | 69 |
| -14.76% | Aug 4, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -4.35% | Jan 10, 2018 | 55 | Apr 2, 2018 | 234 | Mar 8, 2019 | 289 |
| -2.64% | Jan 4, 2021 | 53 | Mar 19, 2021 | 83 | Jul 19, 2021 | 136 |
| -1.92% | Dec 27, 2017 | 6 | Jan 4, 2018 | 3 | Jan 9, 2018 | 9 |
Volatility
Volatility Chart
The current Inspire Corporate Bond Impact ETF volatility is 1.25%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.