GLRY vs. SOVF

Last updated Aug 2, 2026

GLRY (Inspire Faithward Mid Cap Momentum ESG ETF) and SOVF (Sovereign's Capital Flourish Fund) are both exchange-traded funds - GLRY is a Momentum fund actively managed by Inspire, while SOVF is a Mid Cap Blend Equities fund actively managed by Sovereign's. Both are actively managed. Over the past year, GLRY returned 24.79% vs 7.32% for SOVF. Their 0.63 correlation means they have sometimes moved together and sometimes differently. GLRY charges 0.85%/yr vs 0.75%/yr for SOVF.

Performance

GLRY vs. SOVF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) and Sovereign's Capital Flourish Fund (SOVF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLRY achieves a 15.34% return, which is significantly higher than SOVF's 5.41% return.

GLRY

• 1D: 0.63%
• 1M: -0.99%
• 6M: 10.44%
• YTD: 15.34%
• 1Y: 24.79%
• 3Y*: 16.62%
• 5Y*: 8.55%
• 10Y*: —
• ALL TIME*: 10.56%

SOVF

• 1D: -0.01%
• 1M: 1.14%
• 6M: 3.07%
• YTD: 5.41%
• 1Y: 7.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLRY Inspire Faithward Mid Cap Momentum ESG ETF	$644.72K	$797.28K	$987.16K
SOVF Sovereign's Capital Flourish Fund	$1.04M	$631.64K	$333.85K

GLRY vs. SOVF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GLRY Inspire Faithward Mid Cap Momentum ESG ETF	15.34%	16.50%	16.59%	7.48%
SOVF Sovereign's Capital Flourish Fund	5.41%	-4.38%	8.67%	14.18%

Correlation

The correlation between GLRY and SOVF is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (All Time) Calculated using the full available price history since Oct 3, 2023	0.63

Over the past year, the correlation between GLRY and SOVF has dropped to 0.31 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

GLRY vs. SOVF - Sectors Allocation Comparison

Sectors	GLRY	SOVF
Technology	29.8%	32.3%
Industrials	23.7%	15.1%
Consumer Cyclical	13.3%	7.1%
Financial Services	11.5%	17.1%
Healthcare	8.3%	11.5%
Utilities	3.1%	4.9%
Real Estate	2.9%	4.1%
Energy	2.7%	0.2%
Basic Materials	1.8%	-
Consumer Defensive	1.5%	7.4%
Communication Services	1.4%	0.2%

Return for Risk

GLRY vs. SOVF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLRY

GLRY Risk / Return Rank: 53
GLRY Sharpe Ratio Rank: 49
GLRY Sortino Ratio Rank: 47
GLRY Omega Ratio Rank: 46
GLRY Calmar Ratio Rank: 65
GLRY Martin Ratio Rank: 58

SOVF

SOVF Risk / Return Rank: 17
SOVF Sharpe Ratio Rank: 18
SOVF Sortino Ratio Rank: 17
SOVF Omega Ratio Rank: 16
SOVF Calmar Ratio Rank: 17
SOVF Martin Ratio Rank: 16

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLRY vs. SOVF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) and Sovereign's Capital Flourish Fund (SOVF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	GLRY	SOVF	Difference
Sharpe ratio: Return per unit of total volatility	1.19	0.32	+0.87
Sortino ratio: Return per unit of downside risk	1.71	0.54	+1.17
Omega ratio: Gain probability vs. loss probability	1.21	1.06	+0.15
Calmar ratio: Return relative to maximum drawdown	2.26	0.32	+1.94
Martin ratio: Return relative to average drawdown	6.96	0.66	+6.30

GLRY vs. SOVF - Sharpe Ratio Comparison

The current GLRY Sharpe Ratio is 1.19, which is higher than the SOVF Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of GLRY and SOVF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLRY vs. SOVF - Drawdown Comparison

The maximum GLRY drawdown since its inception was -40.60%, which is greater than SOVF's maximum drawdown of -21.74%. Use the drawdown chart below to compare losses from any high point for GLRY and SOVF.

Drawdown Indicators

	GLRY	SOVF	Difference
Max Drawdown Largest peak-to-trough decline	-40.60%	-21.74%	-18.86%
Max Drawdown (1Y) Largest decline over 1 year	-10.89%	-14.46%	+3.57%
Max Drawdown (3Y) Largest decline over 3 years	-20.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.63%	—	—
Current Drawdown Current decline from peak	-5.57%	-7.26%	+1.69%
Average Drawdown Average peak-to-trough decline	-15.67%	-7.47%	-8.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	7.06%	-3.53%

Volatility

GLRY vs. SOVF - Volatility Comparison

Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) has a higher volatility of 7.70% compared to Sovereign's Capital Flourish Fund (SOVF) at 4.59%. This indicates that GLRY's price experiences larger fluctuations and is considered to be riskier than SOVF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLRY	SOVF	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.70%	4.59%	+3.11%
Volatility (6M) Calculated over the trailing 6-month period	17.33%	10.43%	+6.90%
Volatility (1Y) Calculated over the trailing 1-year period	20.71%	14.83%	+5.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.30%	17.14%	+3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.56%	17.14%	+4.42%

GLRY vs. SOVF - Expense Ratio Comparison

GLRY has a 0.85% expense ratio, which is higher than SOVF's 0.75% expense ratio.

Dividends

GLRY vs. SOVF - Dividend Comparison

GLRY's dividend yield for the trailing twelve months is around 0.17%, less than SOVF's 0.73% yield.

Position	TTM	2025	2024	2023	2022	2021
GLRY Inspire Faithward Mid Cap Momentum ESG ETF	0.17%	0.34%	0.52%	1.07%	1.04%	4.00%
SOVF Sovereign's Capital Flourish Fund	0.73%	0.77%	0.30%	0.18%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLRY and SOVF in my portfolio?

GLRY and SOVF have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLRY or SOVF?

GLRY has higher volatility (7.70%) compared to SOVF (4.59%). In terms of maximum drawdown, GLRY dropped -40.60% vs SOVF's -21.74%.

Which ETF is better, GLRY or SOVF?

On 1-year performance, GLRY leads with 24.79% vs 7.32% for SOVF. On fees, SOVF is cheaper at 0.75% per year. On volatility, SOVF has been the lower-risk option at 4.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLRY or SOVF?

Over the 1-year period, GLRY has performed better with a 24.79% return vs 7.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLRY or SOVF?

SOVF is cheaper with a 0.75% expense ratio, compared with 0.85% for GLRY.

Which ETF pays a higher dividend yield, GLRY or SOVF?

SOVF has the higher dividend yield at 0.73%, compared with 0.17% for GLRY.

What is the main difference between GLRY and SOVF?

GLRY is categorized as Momentum, while SOVF is Mid Cap Blend Equities. They also come from different issuers: Inspire and Sovereign's. Their fees differ too: 0.85% for GLRY and 0.75% for SOVF.

Which has better risk-adjusted returns?

GLRY currently has the higher Sharpe Ratio (1.19 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.