IBD vs. GLRY
IBD (Inspire Corporate Bond Impact ETF) and GLRY (Inspire Faithward Mid Cap Momentum ESG ETF) are both exchange-traded funds - IBD is a Corporate Bonds fund tracking the Inspire Corporate Bond Impact Equal Weight Index, while GLRY is a Momentum fund actively managed by Inspire. IBD is passively managed, while GLRY is actively managed. Over the past 5 years, IBD returned 1.30%/yr vs 8.81%/yr for GLRY. At a 0.16 correlation, their price movements are largely independent. IBD charges 0.49%/yr vs 0.85%/yr for GLRY.
Performance
IBD vs. GLRY - Performance Comparison
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Returns By Period
In the year-to-date period, IBD achieves a -0.18% return, which is significantly lower than GLRY's 17.07% return.
IBD
- 1D
- -0.19%
- 1M
- -0.01%
- YTD
- -0.18%
- 6M
- 0.16%
- 1Y
- 4.61%
- 3Y*
- 5.01%
- 5Y*
- 1.30%
- 10Y*
- —
GLRY
- 1D
- 0.36%
- 1M
- 2.25%
- YTD
- 17.07%
- 6M
- 15.71%
- 1Y
- 29.59%
- 3Y*
- 20.95%
- 5Y*
- 8.81%
- 10Y*
- —
IBD vs. GLRY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBD Inspire Corporate Bond Impact ETF | -0.18% | 7.70% | 3.58% | 6.00% | -8.94% | -1.89% | 0.77% |
GLRY Inspire Faithward Mid Cap Momentum ESG ETF | 17.07% | 16.50% | 16.59% | 19.58% | -22.50% | 15.97% | 4.13% |
Correlation
The correlation between IBD and GLRY is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020 | 0.16 |
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Return for Risk
IBD vs. GLRY — Risk / Return Rank
IBD
GLRY
IBD vs. GLRY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) and Inspire Faithward Mid Cap Momentum ESG ETF (GLRY). 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.
| IBD | GLRY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.29 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.73 | -0.58 |
| Martin ratioReturn relative to average drawdown | 6.66 | 9.48 | -2.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBD | GLRY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.64 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.44 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.52 | -0.21 |
Drawdowns
IBD vs. GLRY - Drawdown Comparison
The maximum IBD drawdown since its inception was -16.30%, smaller than the maximum GLRY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for IBD and GLRY.
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Drawdown Indicators
| IBD | GLRY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.30% | -40.60% | +24.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.15% | -10.89% | +8.74% |
Max Drawdown (3Y)Largest decline over 3 years | -4.01% | -20.50% | +16.49% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -34.63% | +19.87% |
Current DrawdownCurrent decline from peak | -1.04% | 0.00% | -1.04% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -16.04% | +12.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 3.13% | -2.44% |
Volatility
IBD vs. GLRY - Volatility Comparison
The current volatility for Inspire Corporate Bond Impact ETF (IBD) is 1.03%, while Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) has a volatility of 5.62%. This indicates that IBD experiences smaller price fluctuations and is considered to be less risky than GLRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBD | GLRY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 5.62% | -4.59% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 15.14% | -12.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.21% | 18.19% | -13.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 20.06% | -14.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.70% | 21.41% | -14.71% |
IBD vs. GLRY - Expense Ratio Comparison
IBD has a 0.49% expense ratio, which is lower than GLRY's 0.85% expense ratio.
Dividends
IBD vs. GLRY - Dividend Comparison
IBD's dividend yield for the trailing twelve months is around 4.25%, more than GLRY's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GLRY Inspire Faithward Mid Cap Momentum ESG ETF | 0.24% | 0.34% | 0.52% | 1.07% | 1.04% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBD Inspire Corporate Bond Impact ETF | 4.25% | 4.17% | 4.18% | 3.39% | 1.75% | 1.36% | 1.63% | 2.47% | 2.06% | 0.82% |
Frequently Asked Questions
IBD and GLRY have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLRY has higher volatility (5.62%) compared to IBD (1.03%). In terms of maximum drawdown, IBD dropped -16.30% vs GLRY's -40.60%.
On 5-year performance, GLRY leads with 8.81% vs 1.30% for IBD. On fees, IBD is cheaper at 0.49% per year. On volatility, IBD has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, GLRY has performed better with a 8.81% return vs 1.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBD is cheaper with a 0.49% expense ratio, compared with 0.85% for GLRY.
IBD has the higher dividend yield at 4.25%, compared with 0.24% for GLRY.
IBD is categorized as Corporate Bonds, while GLRY is Momentum. Their fees differ too: 0.49% for IBD and 0.85% for GLRY.
GLRY currently has the higher Sharpe Ratio (1.64 vs 1.10), 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.
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